Member Info for Quady

rcgl2, my point is sure Solgold could be taken over, but if it happens, it will be hostile, and won't come cheap.
I just don't believe that any major would pay the price.
Hence onwards we go.

You are correct rcgl2, BT is a huge animal to takeover, and would take time. Personally I don't think it would happen. However Openreach, where a lot of BT's value resides, is not owned by an outside company.
But you are correct that in order to purchase BT, you couldn't just bid.
The governance part of ENSA is subject to the same restrictions, the purchasing company, would have to change governance in order to comply with ENSA, and the Ecuadorian government.
That's my take on it anyway.

Earthling facts are not your strength.
I spent over a year on this forum, before I purchased any Solgold shares.
You said I was a deramper, because I asked lots of questions, as I had never invested in a mining stock.
Then you said I was a paid deramper, and always talking Solgold down. When I got my Vodafone dividend for the sale of Verizon in late 2013, I used it to buy 1.8 million solgold shares over a few weeks, and posted my purchases on this forum, at exactly the same time as I pushed the buy button, so those with level 2, could see I was none of the things you accused me of. Then you accused me of being a trader, which I wasn't ( doesn't matter if I was ). You know my position.
I don't trade and I have sold at various points in the 30's, s0 have recouped all my money and more.
I currently hold 1.2 million.
I will not buy more as that is my investment strategy in companies that don't pay dividends.
It makes me money, as I am never drawn in by individual events.

Please desist with the snidey comments.

A good point Scrat, also FTSE 100 companies do go bust and you lose everything.

been buying small amounts of Lloyds in last few weeks, telling myself, they can't get any lower, and have been constantly wrong. However when this is all over, they are shifting to paying 4 dividends a year.
I like to look in my ISA and see some cash.

Just a heads up Barry.
BT may undergo a bid, downside is the 10 billion pound hole in their pension fund, and the fact that they have to strip out lots of Huawei gear over the next 5 years.
I am currently looking at BP, as recently announced that they are no longer exploring for oil and gas, and will not purchase any projects, as they plan to go to renewables. Share price has taken a dive.

These are not recommendations, but something to keep in mind.

I don't make recommendations Barry, but I will tell you what I hold for dividend payouts.
Approach with caution as only two paid out dividends with Covid.
DLG
Vodafone
LLoyds
BT

I hold a few smaller companies, which don't pay dividends, Solgold is one of these.

TIP: When calculating the dividend of some of these companies, do not take notice of dividend payout by percentage on websites.
Instead look at the dividend history and then the share price, and do the calculation yourself.
DLG is a point in question. The yield is about 10% at the moment, but if you look at fundamentals, it's about half that.

Barry get a set of darts, and pin the FTSE 100 to your dart board, I doubt you will go wrong.

I am with you DBW on blue chip bargains. Problem I have, is that I own quiet a few and brought them at higher prices, but they will come back. Great time to build a dividend portfolio.

I look forward to you keeping your promise Earthling, but suspect you won't.

I would go for a pint with you Jerry and many others on here, as some interesting people here, but Zoros, I suspect I would find out, he is a fraud. If he owns two companies, and conducts himself, in business the way he does on here, then I suspect he will have problems. Maybe he owns a couple of burger vans.

Agreed addicknt, that's my point, offers can be received and they never see daylight, you are correct, if they go hostile, and it all comes out, then that's a problem. But the BOD, will take the decision, will this go hostile, if not, they can hold it up. I dare say NM has been talking to various interested parties. I used to be an employee representative, I was not invited to all meetings, but I have seen this happen first hand.

No rcgl2, that was not my intention. You posted it, and stated I was wrong. The point is that, their are many ways, that a company does not have to make any bid public. A firm offer, can be held up, so it doesn't become a firm offer. I stopped debating the point, because I thought, what's the point. I have seen this happen over the years, so I talk from experience.

Earthling, he backs up what he says, with Logic, and he knows the reasons, he's invested. Jerry is getting on in years, that is why I believe he wants a sell for a profit. I on the other hand, want to extract maximum value from this share, and I ask myself, how can that be achieved.

Yes Miagi, it was Zoros, but he is a very special type of poster, and not in a good way, he twists the meanings of what people say, and then jokes about it.

As Earthling would say about me Miagi, we will have to agree to disagree.
If people buy and sell shares on other peoples say so. They really should not be doing this.
As I have said on occasion, the person doing the buying and selling, has to understand the reasons, why they are doing so.

Miagi, what's wrong with you today, Jerry has always behaved as a gentleman, and I for one, value his opinions. We don't often agree, but he talks sense.

Redknight, I don't need to, if you are understanding what I said. The CGP backs my argument, that with low volume the price is not representative of its true market value, as I have said that the price doesn't behave logically on low volume.
I personally think the CGP price is too high, but if CGP had volume, it would operate in a narrower range, and that range would come about, from a larger volume, being traded everyday. I have no idea, what that price might be, but that's how markets work.

Glad you enjoyed it Jerry, for ten pounds a bottle, it's what I serve up with dinner, all the best.

Skint, read what I said.