Member Info for Schomosport

I am not a day trader, I have been here for a couple of years so I am familiar with the recent ups and downs of this Company. Yes after selling at 146 last week 130p was my target back-in price until I saw the presentation which I took as a sell signal. On a very short term basis that was a correct decision as after already dropping 20p off the recent 150ish peak today it is down another 6% today. Next week who knows - maybe back up, maybe down lower. My money is on the second which is why I am not invested in CEY today. What others do is their choice but I would counsel any recent or would be investor to read the last couple of years worth of RSNs and familiarise themselves with how the share price history correlates to those RSNs. Some of the commentary within this forum is also worth reading. Regards

Down to 126p as of this morning. Don't care to think of what it was this time last year.....

Sold 1/3 last week at 146 to bank some profit. Still scarred after just missing the 135p opportunity earlier in the year and subsequent plunge to 90s.
Remainder sold today at less satisfactory 130. Rationale: Q3 prediction a disappointment, predicted year tonnage a disappointment, 3 year projection a disappointment. The Q3 production figure has effectively been broadcast 6 weeks early and now nothing to look forward to until Q4 figures are available. I only expect a drift lower over the rest of the year although there is always the curved ball of the American idiot and a subsequent spike in the gold price. In the meantime I think the impact of a potential recession over there on re-election prospects have finally got through that skull of his with the postponement of the next round of tariff increases and so there is more positivity around and the much projected bull run will find some fresh legs for a bit longer. But it will end - I am sitting on about 1/3 cash now for that day. Happy to come back in lower down or if gold spikes again. ATB

Joe, could you please let me know the item no. of the document you are referring to. Thanks.

Gosh that's depressing fleccy. Can't quarrel with your logic though.

Hi Rivaldo, what else are you in apart from OPG and VLE if I may ask? I also hold these, both somewhat niche compared to Bt, RBDS etc. interested to know if we have other portfolio similarities.
From memory I think the previous LTIP was 3-year for 30p so it would appear that they have now staged it to give them some easy early loot but have at least made it a little more challenging downstream.

Hi Rob, I am in the same boat at 96.6% and following a similar philosophy: so little value left might as well hold on. Truth be told capitulation would at least stop it scowling at me from the top line of my portfolio.

I too am disappointed by yet another drop however Berenberg are not historically a GNK fan based on the other BB.
Dividend cover and cash flow cover based 2013-2018, last is trailing 12M
2013 2014 2015 2016 2017 2018 TTM
Dividend cover 1.65 1.55 1.36 2.00 1.47 1.58 1.64
Cashflow cover 1.26 0.56 0.56 0.53 1.01 0.70 1.26

Pick your own truth as to how well it is covered!

Indivior Case: Don’t Throw Out the Buprenorphine With the Bathwater 

https://filtermag.org/2019/04/16/indivior-case-dont-throw-out-the-buprenorphine-with-the-bathwater/amp/advfn

I concur. While it is seriously depressing when you look every day there appears no rationale to it based on fundamentals. Another example to Anglo is GNK - 800p to 465p to 704p and recently back to 630ish because didn't grow as much as expected although still not that bad. Profit to debt ratio worse than IMB. I refuse to accept the true value of GNK has almost halved and then almost doubled again in the same period for a few points of profit up and down but that's what the capitalisation says. Ditto IMB, £40 to £20.

Regarding the multiple posts there is something wrong with the system over the last 24 hours since both the OP thread I responded to (not this one) and my response have disappeared over-night. Along with some others perhaps?

My spouse holds a small number of NG. shares where the registrar has been transferred from Signal Shares to Equiniti. She has recently received what I can only call a flyer from Equiniti asking if she wishes to buy, sell or give the shares to charity. At this time the answer is no, no, no - I did however follow the form for long enough to understand the charges which are very high compared with the £10-£12 charged by the likes of HArgreaves & AJ Bell. Here they are:
Sell -£0.75 PER SHARE, maximum £70.00
Buy - £40.00 per transaction (plus stamp which is unavoidable).
Give to charity - free - Oh bless!
Is this a good old-fashioned rip-off or does it represent the real cost of share transactions outside of the 'big' players such as the previously mention Hargreaves?

-95.1% Top trumps!

I think madder was referring to the outcome of CES 2018.....

Why would it go back up to 5.8p when they pay a bill they should have prepped for months ago when it has spent the last 4 months coming down from 6.8p?

I wish all you punters the very best - can you please talk it up to 7p so I can get out. As a student of the management and their performance over the last few years my confidence in them is nigh on zero. Continual fund raises, undelivered performance promises, 'super' contracts shrouded in confidentiality, blatant incompetence (suspension for late results, unpaid HMRC bills), goodness knows how many millions spent and still no evidence of profit. I stay holding because all I have left isn't worth worrying about losing. That said, gla and I truly wish you all the best since sauce for the goose is sauce for the gander. Cheers.

100% agree. If the on-line broker had taken my instruction yesterday I would be gone - at considerable loss I hasten to add but getting to the point where it is perhaps just better forgotten about.

I don't know how good an indicator the volume bars on the stock chart are of total trades but if correct more buys in September than sells last few days. And someone bought those sells yesterday too....

You and me both alas.

Down a third here ouch. Was a k up prior to previous post. Anyone have a two to three year view on this?