Don't worry, Dr Krebbs will be along next time the board needs something from us.
Anyone seen anything major causing the current slide. Always expect a dip post dividend. Is this just the market having a brain fart on a brilliant share or has anyone spotted something more sinister?
If it drops much lower I'm considering a substantial top up, especially with interest rates predicted to head in the right direction.
Agreed. I suspect we'll have to be patient to see a return on investment but medium to long term looks good.
If only all my calls were that good, I could change my name 😂
I hope you are correct but do wonder whether the increased activity is more related to auto reinvestment? Either way, this is a great company with so much growth potential. It's great to see this going in the right direction even when the market is on the slide.
We all know that the future is very bright here but would we benefit from a rebrand? 14 years on and people still think we are a sugar company on the decline. TBH, that has suited me as I think it has contributed to me building a position on the cheap, but now my position is built, I do wonder whether a rebrand might help the price up to where it should be?
If you've been thinking about buying into this one, now could be a good time. Tomorrow sees dividends paid. A lot of investors auto reinvest dividends. Given that the dividend payments are higher than normal due to the special dividend, those dividends being reinvested could lead to a significant rise in the share price (not to mention that this is a fantastic company with plenty of room for growth (especially in London)).
Great reply Prim for All.
It's so easy to become impatient when silence hits but you have certainly shown your intent this year and I'll definitely be sticking around for the long haul.
I don't tend to trust AIM stocks but PRIM is definitely the exception to that ruke. Being patient is not a strong point of mine but I'm going to sit on my hands and wait. I'd be topping up but the spread really is hard to stummoch right now. Nothing anyone can do about that I guess.
It's so hard to be patient on this one when the price slides like it is doing and there's no news. I reckon this will reward us again eventually but in the meantime, how much could be made on stocks like Zeta Global? Prim could do with issuing monthly updates. I do trust this board (not often I say that on AIM) but it's hard to know whether the next big news and potential dividend will come in the next week or the next 5 years. Patience needed.
Ventura issue might mean a sharp drop on Monday but only temporary. Might be a good week for topping up before the bounce.
Queue no movement and no trades 😂
Well that was quick. Recovered from ex-divi drop already. What a great stock to sit on and watch the cash roll in!
Just wondering if someone with more experience can help me with this question.
If I read it right, there has been 1 trade today, a sale worth £2000. The price is down 2.35%. That's reduced the Market Cap by about £140,000.
I'm sure it isn't the case that a £2000 sale has wiped £140k off the company value but can anyone explain what I'm missing.
Many thanks in advance.
Totally agree. I'm about 30% on Greggs for the same reason. Not as heavy on LGEN
I'm a long term holder (nothing to be proud about!). This stock has been suspended way longer than not!
TBH, I wrote this off a long long time ago. Anything is better than nothing but it really is the most frustratingly silent stock.
One day maybe?!
Patience on this one. It's well on the way back to pre ex divi price. Only a couple of weeks to the trading announcement and expect increases once the dividend is paid and in many cases (including my own) auto reinvested).
A good stock is a good stock.
Stocks like this are often owned by long term investors who have dividends set to auto reinvest. When they kick in the price recovers from the ex divi drop naturally. If a stock is good, it's good whenever you buy it. I may well top up in the dip tomorrow morning.
Sold for cash Nov 2023. Looks like another great call by the BoD given today's performance!
https://www.sharesmagazine.co.uk/news/market/1689357247294684900/in-brief-bushveld-and-primorus-revise-terms-of-loan-note-agreement
I was in London last week and nipped into a Greggs. Prices were about 20% more than in my local Greggs. The queue was out of the door. There isn't a high concentration of Greggs in London yet (compared to other big cities). I really think that there is a lot of room for growth in London, and looking at the queues at the one I visited, there's potential for increasing prices still further.
Happy divi week everyone. Don't panic at the inevitable ex-divi drop at the end of the week, it will recover a bit when the auto reinvestment start to kick in and I suspect go from strength to strength thereafter.
Look on the bright side. At least this stock isn't tanking 😂