Member Info for shano1

Hi ALgent, I am in a similar position to you and agree with your thoughts. I am hoping for a spurt north when the tariff situation is finalized. Hopefully the NAV at the end of Sept. will be up on last year to secure an increase dividend. I see a directors buy RNS for family for 41700 shares, shows some optimism.

James Anderson left SMT in 2021 and the trust has under performed since. Over the last 3 years SMT are 92nd out of 100 where we used to consistently in the top three over 3 and five years. How long should the current managers be given before they receive the boot?

Hi, i made the mistake of thinking SMT should take profits on Tesla about ten years ago but that share just kept rising for years although it has fallen back more recently. The management have more information than us and i am happy to let them get on with it. There is no point investing in a trust if you think you can do a better job. ( I've tried that)

It is true all companies have set backs but according to a cnbc analyst Navidia is expected to treble in size over the next 3 years. SMT is for the long term and not trading so i believe it best to hold the winners and sell the under performers. The analyst has a target for Navidia of 5 trillion dollars. Analysts have access to more info than i do and a selected few on cnbc are very good. Anyway it doesn't matter what is said on these boards -as if the managers would take any notice.

So we now have £77679969 worth of shares held in treasury. This is dead money which holds back the future performance of the trust. Utter madness.

This programme flies in the face of long term investing of five years and gives no more than a quick sugar rush to the share price. The market will always allow to share price to adjust after attempted manipulation. Since this 1 billion is self funded then well done to the management but i feel this could have been applied to actual investing which would compound future growth which share buybacks fail to do. The managers should concern themselves with investing and let the share price and discount look after themselves. If they get it right the discount will narrow.

Turnaround time for China - Here's how to invest. (JCGI mentioned)

https://www.bloomberg.com/news/newsletters/2024-02-06/turnaround-time-for-china-here-s-how-to-invest?leadSource=uverify%20wall

You are not correct on either account, SMT is not going to collapse. What a feeble attempt to scare people.

SMT has been down like this before. 15 years ago the share price dropped 63% to 52p (share split adjusted) That gives a 12 fold gain to today's SP. So SMT's SP extrapolated over the next 15 years would give an SP of £72. No doubt it is different this time, But 15 years ago no one would have believed the increase that has occurred to what many think of today as a poor SP.
SMT is a long term bet.

3D printed rocket takes to the sky over Florida. the company-Relativity is one of ours.
https://www.bbc.co.uk/news/science-environment-64893578

unable to login to presentation. Anyone else had problems?

Well said Siko, I totally agree

It would appear there was a second shipment last week on the 31st of 159Kg. http://www.vetogate.com/3197299

Thanks Stormrider for the info. I have not received a reply from CEY. either. - Very poor communication.

Received this today from IG: We�re writing to inform you that we�re replacing our share dealing inactivity fee with a quarterly �24 custody fee. You could be subject to the fee if you hold shares or ETFs in a share dealing account or ISA at the end of each quarter. However, it is dependent on your trading activity � so you will be exempt from the charge if you: � Deal three or more times across any of your IG accounts during the quarter � Hold assets worth �15,000 or more across your IG Smart Portfolio accounts at the end of the quarter � Hold no open positions in your share dealing account or ISA at the end of the quarter Any commission you pay on your share dealing, ISA or SIPP accounts during the quarter will also be deducted from the fee. For example, if you placed a single trade in your ISA during the quarter at �8 commission, you would pay a custody fee of �16.

Sorry to hear you are leaving us, I will miss your posts, translations and explanations. (Especially regarding the court case and law 32). All the best to both you and your family.

Q4 prelims and 2018 guidance will now be released on the 10th. See cey website

The recent presentations give a 2017 forecast of 540k Oz so 551k would be a beat. Siko - thanks for clarifying the shipment dates. Anyone recommend a broker who quotes within the spread when within market size. My last two trades with ii cost an extra �22 as the price given was outside the spread. Thanks

Hi Siko, thanks for all of your contributions. Do you not think that the gold will be credited to the accounts after purification when it is sold. The dore that is shipped is just part of the process so there is a delay depending on the time taken to purify the dore. Anyone know how long the purification process may take as this may help to determine which quarter a particular shipment is added to the accounts. Any accountant that can confirm ?

http://www.zerohedge.com/news/2017-11-18/golden-catalysts