Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@rong53.
I hope that you are correct, however I don't think we will hear anything prior to AGM.
It is only an AGM after all, an annual event to clear necessary corporate matters.
I think the last 2 RNS's will be deemed sufficient to get the heat off their back.
As said, i hope i'm wrong.
Interesting monocle you have.
Have you also spelt wrong, wrong!!
I hope you aren't wrong, rong.
Agreed meoryou.
Micro factors are the reduced divi policy has held it back, together with the 'we're going green' policy and the financial effect of that. IMO.
Macro factors. Well we all are operating within the known aspects.
@Sellme thispen.
Whilst, your view is reasonable in the short term.
This is all about cost, risk and return.
If they were to consider and/or execute a buy out, it would be because they believe or know the return would be greater than the cost.
Else, why would they even bother attempting to get hold of the additional 5% currently on the table.
Of course, Newcrest haven't actually yet agreed to purchase at $60m. Not officially anyway.
Thank to all for your responses.
I feel, if they do stick to the 4% increase per share, as stated, it will put downward pressure on SP.
Since, total dividend will have dropped (due to buybacks), and profits will have risen.
I sense a larger per share dividend increase will be announced in August. In the region of 8%.
However, this is a very politically charged area currently too.
Not long until we find out.
A good polite, exchange of views on this thread.
Thank you Guys. Exactly what is meant to occur here, and not the unnecessary rudeness.
I have a question. Given the company has said an annual 4% increase in divi.
Is that 4% per share, or....
4% in total dividend cost.
If the latter, that may assist the SP more than the former?
Any thoughts, views, or even a definitive answer?
I can't see it.
They've exhausted their AGM ammunition, with a touch of if when and maybe hope. Plus some poultry directors buys.
Sadly, i'm not sure they have anything left to woo us with.
A positive contract or REACH agreement is required, else we will continue to return to totally obscurity.
Sadly...
I said 'we' (god help me), since yes i have an underwater holding.
Do miracles happen? Since, i fear we need one here.
Thanks RG & Day.
I've been into Glenda since 2017, so obviously just after they switched to capital repay.
Prior to if divi was from Switz, then UK have a double tax treaty, so would have been a tax deduction.
I can only assume they steered it through Jersey, and avoided the tax somehow.
However, if no tax deduction at source, more payable (if over limit) at year end.
The xxxx's get their money by hook or crook.
Haha.
That made me smile Doyezee.
I got exactly the same.
Err, let me guess who that was!!
I think your sentiment is correct. Yes, we'll be diluted.
I'm sure some-one much cleverer than me, will infill with precise figures.
A dilution is better than the alternative, though.
Err, yes.
Normally, i would agree with your sentiment.
However......
This isn't insider/director buying....
It's director gifting.
One needs directors to put hand in pocket, not just accept them as a gift.
Morning CHaigh1.
Well the difference.
Some people (not me), say that Hedgehogs are different since they have the pricks on the outside!! Haha.
Only a joke CHaigh1, hope it made you smile. No offence intended.
As i say, not me that said it!
Plus, it was from 40 years ago, when erstwhile models were a little tank like.
P.S. Enjoy many of your posts.
I'm a long, long, long, term holder, regular reader here, and very occasional poster.
Lots of 'if's' being used in relation to the case.
If they win, if they get a fine reduction......
That IF, is large, sadly.
It is very difficult to get an appeal judgement, in the guilty party's favour.
Yes, i used the word guilty, since Cineworld lost, and are therefore guilty.
Not the only court case against Cineworld/Mooky, either.
That's not a good look.
And yes, i am a holder, and under water.
However, i'm also a realist.
@Bonkers.
Good and accurate assessment.
The fall out generally from the last 2 years, will be far and wide.
Probably have to re-write and add a few chapters to some of the good Monetary Economic books!!
When we are able to look back on the 2020's. We will wonder how we managed to come out of the other side.
However, humans are a resilient breed.
More of the, dreadfully sapping, time and patience needed, i'm afraid.
Hi Pete,
No need to apologise.
It's a lot more interesting than much of the carp on here!!
Personally, i'd cut at ground and let die, then clear. Then treat root. Chemicals will affect the fir.
Hoping for a little more blue here today. Been a long time coming.