Member Info for Robina

What about the little trades of £120 or so. Anyone have any insights on this sort of thing?

Mr Market seems to have a bit of a downer on HL but ehere's not muich commentary as far as I can see. Dividends are not great and shorts have increased. A major factor in the decline, however, is that I am invested here.

Yes £1+ should be achievable. It's a staple in a number of funds and there's nothing dodgy about it.

I was naive enough to buy PFD following the dip from the 105-ish high. It has steadily sunk from here, just like virtually everything I touch. My fear is a return to around 80 and having to hang on for years to get back to breakeven. With such a low P/E I can't see why.

Well it seems now to be stuck. No insights into the state of play that I can find.

Well I'm hoping to get back to my buy price of 650.

The only problem with PFD is that I bought some recently on the dip. That normally causes a crash. I'd be better off picking a stock at random.

I suspect the downtrend will continue after this little uptick until institutions start reinvesting. That won't be until the world economy starts growing again so we are looking at beyond 2021. Still fear the bottom is £5-7.

I get a sense of BODs on small oilers just playing along as far as they can take it to maintain their salaries.
So much pi interest in a chancy stock that has been hyped to 60p and is now destined for a fraction of a p is madness.

A 2022 date for some kind of upturn is probably about right.
Just what will happen if the vaccine doesn't work or can't be delivered to enough people I can't think.

Shorts have increased on this one of the most indepted companies. Can't think why it's still in the FTSE.
However, tempting to try and catch the bottom for the dividend it still pays.

So what do people think on this now?
Once again I feel I've put the kiss of death on HL by buying in a few weeks back.

Dear TimeMachineUser, can you run forward a bit and let us know what the sp is next year sometime?

A vaccine will be needed worldwide for there to be any meaningful positive impact on the global economy. How long will that take?

Here's my post. Let me know if you jump.
Wonder if we'll really see £5-7? Looks that way.

Seems I've put the kybosh on this by buying in. I have this effect on everything. Sorry everyone.

Agreed. Still a steady load of selling which isn't surprising.

If they announce another £1/share then obviously the sp cannot go to -40p from where it is now but I can imagine it going to a few pence. However, it dropped by around £1 after the last payout.

A bunch of apparent buys today and a tiny sp rise. Potentially undervalued but difficult to understand the true financials.

If there was another capital return - surely the sp will drop by that amount as it did last time, making it worthless?