Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
But I suppose it won't be reflected in the SP until the funding is finally approved and provided. Any idea when that might be, I've no experience of how long the EIB takes to appraise things.
Thanks for the reminder, I am now exactly divisible by seven. SP down nearly 9% today - ouch!
I didn't hear that but it makes perfect sense. Quite a few massive companies finding themselves embarrassed by piddly little share prices these days. I think it's a big opportunity, one reason why I'm in here. I have worked with C in the past, not for them but with them, and I know one thing, it's not a company to stand still and hope for the best. They are going to get out of this mess pretty fast. If that means flooding the market with government shares then fine, lets get it over with and then we can start climbing fast. I think they have to be extremely good value at anywhere around $4. Of course, I could be completely wrong about that! Pity no board here for US stocks. FYI - I'm leaving the office now so won't be back until later this evening.
Not a day trader. I have neither the skills, time nor equipment to do that. I'm not sure what I'd call me because I'm not a long term investor either - somewhere between 1 week and 3 months is my kind of timeframe unless I'm forced otherwise. I'm not in the UK and the local platform I work through does not allow me to purchase all of the AIM shares for some reason so I have to be selective. There are times this is annoying and times I'm glad it is that way. Having a full time and demanding day job means time messing around in here and with shares is limited. This NTG will come good. Already improved over the day but that seems to be a bit of trend here recently, drop in the morning and rise during the day.
I would also like to see C improving. Another share that's tanked since I bought in. Good job I have longer term plans for both C and NTG otherwise I'd be worried! :) I read something about C regarding nervousness about their plans to buy out the government stake which would release a ton of shares onto the market and this might dilute the price. Wonder if that's what's happening today - another 5% down. Anyway, good chance to top up when it hits $4.00 I hope.
Yes, that might be a better idea, well, anything would be a better idea than what I have right now! On the AGM question that seems to be coming up endlessly, I copied this from their website Dear Shareholder, I am pleased to be writing to you with details of our one hundred and eleventh Annual General Meeting ("AGM") to be held at 11.30a.m. on 22 September 2009 at Norflex House, Allington Way, Darlington. Elements of the business to be considered at the AGM. Resolution 1 – To receive the Annual Report and Accounts for the year ended 30 April 2009 Resolution 2 – Remuneration Report Resolutions 3 and 4 – Reappointment of auditors Resolutions 5, 6 and 7 – Reappointment of Directors Resolution 8 – Share Consolidation Resolution 8 deals with the share consolidation. The Directors have decided to recommend to Shareholders that the existing issued and unissued ordinary shares of 5 pence each in the capital of the Company (the "Existing Ordinary Shares") are consolidated into new ordinary shares of 50 pence each in the capital of the Company (the "New Ordinary Shares") on the basis of 1 New Ordinary Share for every 10 Existing Ordinary Shares. The purpose of the share consolidation is to reduce the total number of shares now in issue, following the placing and rights issue, and to increase the nominal value of the Company’s shares to a figure more appropriate for a listed company of its size and na
...since I bought in @28.5 is to go down! I'd like it to stop going down, just for one day, so I can stop blaming myself for jinxing the share. Sorry everyone, normal service will be resumed. I really must improve my timing for buying into a share. I'm doing pretty well at getting the sale right but it seems every time I buy a share it drops before recovering, if I could just buy after the drop I'd be making more money! ;) Maybe if I buy 1 share first, then let it drop and then buy more.....hmmmm
Thanks for the info, very helpful. A search function would be very helpful here, also one topic where people can ask general questions not related to a specific company. I know that's not what it was designed for but it is happening a lot and it can't be that difficult to make say "FAQ" ticker take you to a general discussion topic.
I've trawled the forum and links but can't seem to answer this question - "The 3yr chart shows NTG at around 1100, the 1 yr chart at around 200 but there has been at least one issue of more shares so these prices have been diluted. Assuming everything was equal (which it isn't) what is the top limit of NTG share price today, in other words the diluted version of 1100 or 200?" Clearly, I'm trying to evaluate the possible upside here.
What is there to say? Just sit back and admire the view. Dang! I wish I'd bought more of these and fewer MEC!
Also wishing I'd topped up when it dropped to 40ish but happy this is doing what I thought it would all the same. I think there was nervousness about the general state of the company, as many comments on here might suggest and although the results were a loss, it was an understandable one and the view of the general health of the company moving forward was better than expected. This should now have moved from "risky" to "actually a pretty good investment". DTZ health in relation to the competition is also looking better than many have been predicting and gossip-spreading. This jump is therefore, IMO, a correction of previously unwarranted negative sentiment toward this company. No idea where SP will get to as "holding level" prior to good news on the sector generally, 80p perhaps? DYOR and all that standard signing off stuff...
Not destined for the trash heap after all. I'd love to see comparable information from their competitors, just so we can see who really is looking good and who is making extensive use of smoke and mirrors.
Did anyone actually expect the investment business to have recovered by now?
IMHO, this is anticipation of "bad news" in 2008/9 full year results to be announced this month. I expect they won't be great but what I don't know is how they might compare with expectations. Then again, I could be wrong.
How many people seem to have a downer on this company / stock for apparently quite personal reasons. Admittedly the SP is going nowhere right now but given a change in sentiment towards commercial real estate generally and it should look very different.
I hear what you're saying and there's a lot of truth in it. Wouldn't wish to disagree as such although I think there's a lot of inevitability about what's happening given; recession, new boss, new management team, new direction/culture. Losing good fee earners is not clever under any circumstances but it would be wrong to overemphasize their importance or uniqueness in such a large organisation. Anyway - must be time to see this one move up to 80p, eh?!!
DTZ is changing quite dramatically, partly recession, partly the new boss. Bonuses are cancelled, salaries are down, pressure is on. It's inevitable that a fair percentage of people are going to leave under those circumstances. It is always possible to recruit replacements, other companies in the sector are having their own problems as well. In terms of the share price what matters is whether these changes are good or bad for the companies future - medium term. I think they are just what DTZ needed.
Any cuts to be announced simply reflect sensible and ongoing actions being taken to steer the ship through currently choppy waters. Not a sign of a recent deterioration of the company's position. I'm in (in a small way) @ 50p. I expect to make at least 30% by the end of the summer and if held for longer (to catch the tide of positive sentiment towards real estate generally) should get up to 200p pretty easily.