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City AM reports that Liberium expects IAG sp to double with target of 450p and pay dividend of 2.6p per share in 2024 and 2025 then lists everything that could go wrong, geopolitical, delay in sourcing aircraft, squeeze on personal budgets etc. Definitely an outlier, but good to see, adds fuel to the fire!
The Motley Fool has at long last recommended IAG as one of the best FTSE100 recovery plays and the writer has added to his portfolio. Always apprehensive to invest before because of debt problems etc but with leisure travel strong, business travel waiting in the wings and dividend on the horizon now is the time to start buying IAG
Hold 100,000 at average 1.32,max purchase 1,64, min purchase 1.03. It is going to be a long hard haul but eventually 2.50
For Oct 31 prediction count me in at 1.22
Some commentators recommend EZY as better potential recovery bet than IAG, but IAG makes me sleep better at night ,less volatile
Supercharger,
Have ABX shares post RRS merger
Where did you find ABX share site, or are you referring to ABX home page?
Thanks
I am with Halifax Share Dealing.
They hold my Barrick shares post Randgold merger
Only cost is 1.25% commision on exchange rate and normal £12.50 dealing costs
Have sold and bought and transactions when NYSE open are immediate through their NYSE broker
No problem. But need complete various forms before you can trade as per other platforms
You all need to consider if GOT will accept any decision from arbitration. Going to arbitration is high risk option
My view is take the offer from Barrick and participate in growth from Barrick shares
Did same with my Randgold holdings and up 27% plus dividend since January
Beware of any unforseen consequences
VauxhallViva
Yes, totally fed up with the moaning on this board
Had considered investing my RRS proceeds in ACA at 201p at the time which is why have been following this board
Would now be sitting on a circa 25% loss, against my current 6% loss in Barrick
You may be able to squeeze a slightly higher offer from Barrick but going to arbitration and fighting GOT who will not agree a settlement with ACA as a signature to any deal is a setting out on a downward spiral as shareholders flee ACA - my advice remains that you should take the offer from Barrick
I am sure you do not agree, let us review in six months!
Stop moaning. Take the offer given the risk to Barrick, tax settlement, royalties and 50;50 split of profit.
You are lucky to get out of this situation alive
Had £100K in Randgold but now more than happy to be with Barrick
Halifax says my rrs shares will be replaced by barrick wthin 10 working days. Do not despair you will receive barrick in due course (6.128 barrick for each rrs share)
Barrick price can be found on yahoo finance, NYSE,USD, enter ticker GOLD in search box, but still comes headed rrs as this was rrs ticker that barrick wil be using
Merger date of Q1 2019 confirmed with RRS dividend paid to RRS shareholders before merger (effective date)
But deal may be rejected by RRS shareholders (unlikely)
Short term down, medium term stabalise, long term up and up depending on gold price!
Do not panic!
Turkey crisis is a bit of flu not the plague says Cramer on CNBC
Got £80K worth down from £100K but where else to invest
Motley Fool says RRS a terrific buy both with respect to dividend and growth prospects
Keep smiling, onwards and upwards in due course
Sorry team, RRS dividend paid in May. Goes ex dividend next week so share price should fall as new investors will not get dividend
SP weak because of new tax code passed by DRC parliament although not yet signed into statute by the President. Mining companies in DRC continue to object and say future investment in DRC will dry up. Also outbreak of fighting in Eastern DRC and upcoming Presidential election could result in civil war breaking out again. DRC no longer viewed as stable enviroment for mining and future investment. Outlook not promising for RRS share price at the moment. To answer the question specifically latest SP weakness because of outbreak of fighting and hundreds of thousands fleeing DRC to Uganda as refugees
Latest broker targets £95 and £97,50 Goldman Sachs 115 but may be dollar quote (£81) Good for medium term and more if gold should go back to $1400 40% upside looks good
Gain today because gold price up following Fed meeting (obvious). More important unlikely Fed will up rates before December if then. This means gold price will remain steady or increase and enable RRS to maximise revenue from gold sales in 2016 FY and so alleviate what could have been a poor year due to technicalproblems at mines. Meeting target for 2016, increased resources and increased dividend for 2017 bodes well