Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Morning all, New here as I bought yesterday.
I looked back through the chat and haven’t seen anybody mention this- so it “may” be of interest.
I often take a peek at the 4hr RSI to help me decide when to invest. Always has to be below 30% for me.
Capita was below that yesterday (25th Jan).
Previously this occurred last Dec21st , Oct22nd, Sept 21st & August18th.
These dips don’t seem to be unusual? Take a look.
£300m is on its way and new contracts too, so this latest drop back below 30%, could be just another down before a gradual recovery??
Just a thought... have a good day.
For what its worth. I think we’ll stay around the 90-95 mark based on the RI, but NEWS massively outweighs everything. Easily drift down to the 80 with poorer news, but 120-130 with good. RI is ancient history now......... We are the mercy of the oceans of news...... Baton the hatches methinks??
Good last couple of posts. Wisdom.
I have only invested half if my intended investment at 270. I am following the latter post, potential 6% yield reinvested over the next 3 years. IMO that should mitigate a fall in the s.p of 15% with the chance of topping up at the lower end, with the second half of my investment.
Its a slow, less fancy option. But its served me very well over than 20years.
Good board with some wise advice. Thx
Morning all, found this from a couple if days ago.
https://www.energylivenews.com/2020/09/03/bp-plans-to-sell-london-headquarters-as-working-patterns-change/
Selling the family silver or maximising opportunities..... takes your pick.
Would buy a few wind turbines??! ;)
Morning,
The general market is not helping the s.p at the moment, but this price may well seem very cheap in the medium term. Even with the cut in payments, it is still yielding over 6%. Topped up on the way down & may continue to do so. But where, in the next 2 years am I going to get 6%. Hopefully the dividend cut hangover will start to lift and the s.p will give us a capital gain too.
Strange days, stay safe.
Morning, SC FYI there is an article to confirm that story on BBC Business. Reports that Capita is not renewing leases (25) but potentially up to a third of its total office space not being renewed, as folk work from home.
Nice bounce off 135...Hopefully be tracing back upto the 158 region. Profitable company, good recent results & its forward guidance, if achieved, will prove to be better than many in the months ahead. Still scratching my head, with regard to the 20% fall in recent weeks. IMO 153-158 is achievable before Christmas...GLA
Agree GL, thats why have taken a stake today. Brokers are looking for @180, but I think that may be conservative(no pun) in the choppy waters ahead for the economy. 140 seemed a good entry point, with probable dividends in the next year or so.
Not necessarily so Bluelight....
Share price does not always equal business value post rights issue &
The right issue is not always less than the current s.p.
We’ll see.
IAG could look very nice With an extra 3.5bn (RI + Amex)
We’ll see.
Never boring...
Another bit of good news for IAG, following on from yesterdays pilots union recommendation. Immediate payment too.... The macro news is still yet to turn positive, but these bits of company news are encouraging.
Obviously next week is the big week. Lets see how the numbers stack up.
You boys be nice to each other, don’t fight with each other. You might both be right over the next 12 months.
Have a good w/e
Yes potentially good news, if the membership votes in line with their unions recommendations. It will also help undermine the political grumbling going on by some mp’s. There were a few asking for Heathrow slots to be looked at, in light of, the need to adjust the numbers, pay & conditions of BA staff.
Hopefully next week will go well. 3 points I am looking for : IAG’s Cash pile, negating need for RI, and trading update. A positive vote, could well be the cherry in top.
Hears hoping.
“Its now or never.....” are the lyrics of a famous song. It seems to be becoming IAG’s new theme tune.
I am really starting to like the moves IAG are making. 747 fleet going earlier than expected. Loss making Level group going. Pilot contracts going.
IMO IAG are looking to build a business 65% the size it was, but very profitable. These recent steps are a “once in a lifetime” opportunity for the business and they are taking it.
Bracing for the next results to be a bomb site, with provisions for just about everything. But loving these restructuring steps......