Member Info for RichTheNewbie

Of course you're bitter. You lost loads of money on this stock and now you spend all day every day trying to say it's rubbish.
You're the textbook definition of bitter.
Why you think this means people should listen to you rather than anyone with a clue is a mystery!

The timetable for the dividend declaration is as follows:
Declaration and currency conversion date Tuesday, 30 November 2021
Currency conversion rates announced Thursday, 24 February 2022
Last day to trade cum dividend rights on the JSE Tuesday, 1 March 2022
Last day to trade cum dividend rights on the LSE Wednesday, 2 March 2022
Shares will trade ex-dividend rights on the JSE Wednesday, 2 March 2022
Shares will trade ex-dividend rights on the LSE Thursday, 3 March 2022
Record date for payment on both JSE and LSE Friday, 4 March 2022
Dividend payment date Wednesday, 16 March 2022

No dematerialisation or rematerialisation of shares within Strate will be permitted between Wednesday, 2 March 2022 and Friday, 4 March 2022, both days inclusive. No transfers between registers will be permitted between Thursday, 24 February 2022 and Friday, 4 March 2022, both days inclusive.

I'd been looking up the dividend info myself, so from the annual report, here's:
ORDINARY RESOLUTION NUMBER 8
Final dividend
“RESOLVED THAT a final cash dividend in the amount of US 5.0 cents per ordinary share is declared for the financial year ending 30 September 2021, such dividend being payable to shareholders registered on the register of members of the Company as of close of business on the record date, being Friday, 4 March 2022.”
Additional information in respect of ordinary resolution number 8 The Board has proposed a final cash dividend of US 5.0 cents per ordinary shares for the financial year ended 30 September 2021.
If approved by shareholders, the recommended final dividend will be paid on Wednesday, 16 March 2022. Shareholders on the principal Cyprus register will be paid in US dollar, shareholders whose shares are held through Central Securities Depositary Participants (CSDPs) and brokers and are traded on the JSE will be paid in South African rand (ZAR) and holders of depositary interests traded on the LSE will be paid in sterling (GBP). The currency equivalents of the dividend will be based on the weighted average of the South African Reserve Bank’s daily rate at approximately 10:30 (UTC +2) on 30 November 2021, being the currency conversion date.

If you're interested in Shanta, I reckon a sensible strategy there would be buy a third of your position size at some point relatively soon, as the prices are still stupidly low (probably after seeing if today's rise holds or pulls back), then look to buy the remaining two thirds at some point within the next 4/5 months (see if you get lucky and it dips again), after which point the Q2 results should come in, and hopefully indicate a rise in production. It's probably a coin flip where it goes from current prices in the short term (depending on gold and whether there was an II seller and if they've finished or not).

I do hold Shanta, but I'm not celebrating, as it's been hammered lately, but hopefully should be turning the corner after this quarter, with production starting to rise back up, and in the new year a new mine on stream.

ColonelDrake - As you said yourself "Share prices don't follow fundamentals, the follow the selling/buying action eg supply and demand. The fact is, if ODEY has been selling out over 100m of shares then of course the share rice is going to be hammered".

So whilst you say you're not claiming to be the oracle that's essentially what your first sentence is doing. You weren't saying much diff to most of us until late in November and then you started saying things like you thought "there is a chance of a mates rates placing at 10p for the guys". That's somewhat different to claiming you knew it'd get to this overdone price.

The share price could easily be 6p at the next update. It could easily be 10p. What'll really determine that, as we both agree, is essentially the II trading* (which has not been kind to most junior goldies lately) and/or gold price. Especially if Odey was selling and has now finished (or is nearly finished). That should make a big diff alone.

(* unless there's a PI stampede for some reason....I suppose the WK update might remind a few how good that project is looking!)

As for HUM....well yeah I also agree with that bit....director buys for small amounts are meaningless - I'd probably argue almost negative (shows they're able to buy and chose to buy peanuts). Even £50k isn't that significant imo when you compare the salaries/bonuses of some execs!

Ignoring the rather weird rant (most of that) you make a rather flawed assumption.

In that, if gold stayed at this level, let's say $1800, then CEY would continue to make a lot of money, distributing hefty dividends to shareholders, probably remain at least at this share price level (or go higher probably), whilst simultaneously funding exploration.
At the current dividend rate you could have made over 40% after 5 years from dividends alone with no share price rise and no rises due to any exploration success/development.

There seem to be a lot of weird rants in recent months on gold miners (most of which have had II's selling out on the gold price pullback).

That's just silly Colonel.
Broker notes don't say "the share price might have gone down because of an II selling". You virtually never see that in any note despite it often being the case. It would be unprofessional and just look like pointless guesswork. Instead they've simply done what a broker note normally does and worked out a valuation / target price, based on whatever facts/figures they choose. Neither do I imagine they were the slightest bit interested in HUM's numbers, being a totally different company and completely irrelevant, despite the apparent attempts to somehow tarnish SHG with the HUM brush by association.
We know your view here is "ugly", as you keep repeating it over and over, pretending to be happy for shareholders, whilst simultaneously saying you think it'll be short-lived. However it's quite possible (even likely) that your view is wrong and self-deluding, based on the share price during a period where Odey may have dumped a load of shares, and in fact may well do considerably better once they finish.

Yeah, I fundamentally disagree with a lot of the posts on here, and think it's a common thing to react to the short term price and set expectations based on that.
This often occurs on any share when an II sells out and results in a lot of posts trying to justify the price (which is determined purely by the buying and selling and not the fundamentals).
In a lot of ways the best way of thinking of the recent 9 months and next couple of months is like a delay of a year at NGLM. WK is further explored, Singida is less than a year from being up and running, political climate in Tanzania improved, and NGLM's not much different with a bit more reserves added, and more kit on the ground to deal with processing lower grade in bulk.
Gold price still high, world outlook still sketchy, etc.

Odey had a big "rebranding", let's put it politely, and a lot of their funds became Brook (I believe it was their LF Brook Absolute Return Fund most of their Shanta stock went into). So it's possible it's just to do with that. Hard to tell with MorningStar data that seems to be pulled from lots of places and often contain old/wrong info.

What a load of nonsense.

A data lake is a b*ll**** concept anyway.
It's basically like saying a pool of raw data.
It's what you do with that data which matters.
You'd be hard pressed to say Boo's growth hasn't been exceptional...so arguably who cares if they've got a fancy database or analytics. There's an awful lot of time/money spent on IT by people who don't know what they're doing because they think they should be doing it. It happens in all fields and I know from experience the joy of being dragged into a meeting because the CEO/COO types have this latest greatest thing we need to use that's "only" going to cost "loads of wonga" and becomes pretty clear after 5 or 10 minutes of the presentation its the same old nonsense with some more fancy charts in slightly more rounded bubbles.

Don't know about intervention. Looks like just the same old obsession with rates imo. Even if they're just talking small percentages the market always seems to react as if it's going to be a 5% rise overnight!

I don't think there's any problem with shorting (in some ways) and have used shorts occasionally (though generally as hedges for my existing positions and rarely on AIM stocks).
There probably does need to be stricter controls on it (essentially to prevent market manipulation) although that goes for much of the market not just shorts.
I don't actually think Marshall Wace are the dominant factor here. They'll have just accelerated the fall a bit but that's probably about it.
The dominant factors are boring, and less exciting to talk about, because we know what they are. It was a pandemic, that caused a logistics crisis, and this hammered the prices of stocks like this and their peers, compounded with a tech/growth sell-off in America, as people flee to safety ahead of the fed tapering/rate rises.
Most of that ^ has already happened, so you might argue all the bad news is already priced in, some might argue it's not, but that's really the story of the share price here (and on similar companies) rather than it being all down to shorters.

(and if only I could do a post without a typo)
maybe=mayhem

Robbyw - need the markets to settle down (again). You have the yank drops causing maybe, then you have the rally of a portion of the market like banks and some other FTSE favourites (with the spectre of rate rises), then once those fund managers have all bought the same things, and pushed the price of them up, only then do they start tentatively to consider other things. Seems to be the way of the UK markets at the moment.

You can be pretty certain it's both ;)

state invisible = stay invisible

(clearly a freudian slip in this instance)

WolfOfWarks - it's like a lot of dodgy tat sellers from China....they get away with it if they state invisible enough and outside the reach of the law behind the real red wall. Get big and try to have some material presence in the west then you've got things that western law enforcement can go after.

It's not even much of a secret when it's already been raised in parliament:
https://www.dailymail.co.uk/news/article-9936113/How-shadowy-teen-brand-Shein-uses-algorithms-harvest-data-users.html

If you invested in Shein in an IPO, I'd expect a high chance of losing all your money, as it gets shut down for any number of reasons.

Shein keep denying they're planning to list.

(2 days ago): Reached for comment, a Shein spokesperson sent the following statement to Fast Company: “SHEIN has no plans to IPO. Our company CEO, Chris Xu, has not applied for Singaporean citizenship.”

Shein has also faced controversy with designers accusing it of stealing their work, and big brands like Levi Strauss and Dr. Martens suing it for trademark infringement. And in November, a Swiss advocacy group found Shein’s factory workers in the Guangzhou province—mostly migrant laborers—were toiling to extremes, clocking 75-hour weeks with only one day off a month.

No surprise they don't want to list. They'd get hammered for their workers and then sued for their product ;)