Member Info for saigonsally

Thanks El B, most helpful, I have an account with HL but have only used it for funds so far, not individual stocks.
Happy Christmas all and let's see TWD fly into 2021.
SS

Good news. May I ask which broker you are using? I am with Halifax and never got asked to the party.
Thank you, SS

"Last Thursday I spoke at length to Richard Robinow of REA (LON:RE.). He is extremely bright and a Senior Wrangler from his Cambridge days. He also dealt with an infection of Covid-19 eight months ago and is now, as am I, 74. He is fighting fit and is off to Indonesia for Christmas where his son, Luke, attends to RE.’s interests. Things are going very well. I have no idea why the ordinaries are down at 60p. They should be at least 100p."

Davey, You can be sure that with the mess that is now Hong Kong and the heavy handed Chinese response that a Hong Kong listing will provide only a temporary respite from a heavy handed Donald response.

Another casual 7% lopped off the price today. Does anyone have any idea what is causing this carnage? There seems to be no end in sight...

The censorship was not mine but I think you know what I wrote!

It's all very well to say the market cap will be a multiple of today's within a couple or a few years and I daresay it will but what irks me about this company or at least its share price is the jitteriness. One moment it's £3.66 and I am feeling relaxed, the next minute (literally) it's £3.47 and I am feeling decidedly unwell. It's up n down like a *****'s drawers (mainly the latter) even on a Friday and I remember the good old days when we were always a few percentage points ahead every Friday afternoon. No fun or pleasure in holding HCM any longer and I wish I sold a long time ago. I hate it now.

Yes, an encouraging day and the first in a month I have not been gritting my teeth. It closed at £3.55 in London although whether that transated into good news in America with its violent swings I do not know. Thank you, Amones, for putting the RNS into context. Much appreciated.

I am wondering if this disturbing news relates to our CEO's brother. Events in Hong Kong are proving to be pretty sinister and I have no doubt will get much worse. I wonder if the HK listing will ever happen. Probably best sticking with London and NY?
From Yesterday's Torygraph:
The British-born boss of Cathay Pacific has resigned amid pressure from the Chinese authorities as the city continues to be rocked by pro-democracy protests.

Rupert Hogg will stand down on Monday, days after the company provoked a backlash on the mainland by appearing to endorse the right of its employees to partake in the demonstrations.

John Slosar, Cathay’s chairman, said: “Recent events have called into question Cathay Pacific’s commitment to flight safety and security and put our reputation and brand under pressure.

“This is regrettable as we have always made safety and security our highest priority. We therefore think it is time to put a new management team in place who can reset confidence and lead the airline to new heights.”

The statement apes criticism of the airline in the Government-controlled Chinese media over recent days. Mr Hogg’s departure was first revealed by the state broadcaster CCTV, underlining the politically charged nature of the decision.

On of my most successful too, steady upward trend over many years. The dividend yield is a bit feeble but I believe this is because a) we keep revenue to make acquisitions and b) despite increases in the dividend even bigger increases in the share price serve to dampen the yield. Frankly I am happy the way things are. No foreworks just nice n steady

These 12 million ADR's, does that represent an approx 10% increase in shares in circulation to account for the corresponding drop in price?

It seems to me that the price has been more erratic since the share split: the spread remains, as you point out, woefully wide and the daily turnover in London remains at pitiful levels, all negatives which I had hoped the split would resolve. Nevertheless the price does seem (in jerky fashion) to have appreciated this week: I imagine this is more to do with trades on NASDAQ, which I do not monitor, rather than AIM.

Although the price levels have not been onerous I held back from buying because it has not been able to maintain an upwards trend formore than a few days at a time. And now this! Once again reassuring to see Directors' buying but I shall not top up until a clear northwards trajectory is maintained even though this means missing best prices...

Interesting article in Friday's FT about Ali Baba considering a secondary placement on HKEX. Apparently they shunned it initially because of listing rules but now that these have changed they are re-evaluating their stance. The article is mainly about the benefits to tech stocks if Ali Baba lists there but one imagines that this could help raise valuations of all stocks.

Thanks Jatw, hoping not to qualify for exemption in that particular way... Not sure about the kids...!

The fact that HCM is listed on AIM as opposed to the main board, with the IHT advantages that this implies (so long as held for 6+ years) must be a benefit for a number of investors. I for one regard this as yet one more reason to hold HCM

Did you attend the EGM?

Anything that narrows the bid offer spread is to be welcomed.

These recent negative movements have been unsettling. Can we ascribe this to the USA - China tit for tat or is there anything else afoot? Thoughts?

Interesting article on cancer in China. No mention of HCM and no surprises here to any of us but good to see the subject being examined.
https://www.cfr.org/blog/finally-china-comes-grips-its-cancer-epidemic