Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Oh come on… so if you only post on 1 share your a deramper. But… if you are seen to ramp the share and de ramp the share you can’t be trusted at all?
Would it not make sense to praise the share when news is good and be negative when it’s bad? I mean wow. Conspiracy theorists.
Apologies for jumping in on your conversation. But think.youve confused me with your buying and selling outsude of isas talk. So simole quesrion i hope.... if I buy the share directly into an ISA there won't be any tax to pay on the dividened will there? Same as Lgen or dlg for example? Or am I missing something here? As withholding tax was mentioned but I thought that wouldn't apply as its listed on the UK stock exchange? Feel like I'm missing something here. Thank-you for your patience and time.
Barchid. UKI often did this type of thing in areas they didn't wish to cover / expand their risk in. So fir example someonebwould phone up saying they can get a quote for £200 online with x company and yet DL was £600. The only real way to check is to either do 100s of quotes or work behind the scenes.
What you have to believe in is that DLG are very good at managing their risk portfolio. And although having a bigger book is great IF the maths works out. It can be terrible if you have a large book, but it costs you more than you're taking in to cover the claims etc. With higher inflation rates claim values will continue to rise especially as the GBP has tanked compared to the USD etc for purchasing parts and materials. Therefore DLG are playing defensive which is absolutely the correct play in my eyes.
Just one thing to add here. I was under the impression if we give AA our intention to mine, then AA presuming their interested will offer a figure and we'll likely say its worth more. If a middle ground isn't met then an independent assessor will be used to decide who was closest then that figure will be used.
If that is the case then presuming AA want it. Then it's unlikely AA will offer too much to seal the deal and will base their valuation on what can be proven, not what could be. As this is what an assessor would likely base their value on.
Now I could be wrong but I can't see possibilities being given a strong value IF AA look to buy it.
Food for thought
Thanks Roofer. Yea had thought this for a while. Makes sense as you've got several brokers all buying around the same time pushing SP up. Appreciate the info though :)
Must admit I took a chunk out before ex div. Which now seems a silly move and looks like this may continue to go up. But that's the game we play. Best just buy a chunk each month and forget about the fluctuations. But who's that sensible? Will just continue to hold till I'm completely wrong or it drops again.
Out of curiosity what's the reinvestment fee with iweb. I'm also with them. Bit when I looked I remember thinking itvseemed excessive compared to paying £5 to buy myself at a time more suitable.
SD235 - 100% agree. But if there's a coming recession which most believe there to be. Its quite probable markets will react against all stocks vigorously.
I have investments including lgen that I'll keep throughout, however I'll be waiting for either 240 to be reached or the recession to be plastered all over the news before investing anymore. (News is currently reporting what may happen, not what us happening). This could end up not paying off and lgen shoots back upto 300p in which case I'll be happy . Or it does and I pick up shares cheaper. At the end of the day you can only do what works for you. But I would suggest the price is going to go lower before it goes back to 300. There's just too much negativity on the horizon and the majority aren't currently suffering as much as what they will be in the coming 12 months.
Sorry for the negative post. Just my thought process on stocks at the moment. But LGen among others is undervalued but thay only works if the market would be rational.
I imagine he also bought bitcoin at $60k screaming "to the moon"
I took the chance to sell the trench I'd purchased at 2.42* and made a bit of money. But also have a lot more I didn't sell that now has an average of 2.80*. Which although much higher om happy to keep to collect the divi's. Its also allowed me to free up some cash incase the market continues to drop into next year.
I also did similar with DLG and that didn't pay off as well. Though I did still make profit and released funds. I could have made more by holding on until after ex div.
There's no mystic ball. All you can do is do what's best for you in your situation. I wanted to free up some cash incase the market drops out as the BoE raises interest rates higher into next year and people really start to feel the pinch with inflation and energy price rises combined.
Then again everything could sky rocket and my free cash becomes more worthless.
The choice is yours ;)
Also as previously mentioned different insurance companies have different levels of risks. It's quite possible that dlg are being risk adverse as the costs of repai, replacement and courtesy costs have all sky rocketed. Its possible that they won't wish to grow the motor side of the business if it puts them in a tough spot in 6 months time.
Sometimes a company can decide to hold onto existing business, rather than go out trying to gain new. This is so its core in house areas like recovery and repair shops can facilitate the business needs to a higher degree than 3rd party business to reduce costs further. Especially in a market which is becoming more difficult to make a profit.
Then again what do I know.
You missed off the fact that this is due to holding onto production in Russia, which will be sold off in Q3 to new buyers in Asia.