Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
@savage, no, it’s not your pet subject mate, have you seen the news on Iran / Israel? Honestly, get a new record. TUI was recovering strongly until more Middle East strife happened. SMH
Glad to hear your opinion on this: thanks, Mike.
I was wondering about that, too: does anyone have any takes on it? I’m with ii as well.
I’d say the lack of a response says they can’t find any way to respond to those key disadvantages for users and businesses. Which means they won’t get clearance from the CMA, I guess.
With the cost of living crisis being so high in people’s minds right now, I wouldn’t be surprised if both 3 and Vodafone have decided to put the Idea on a back burner.
Yeah, interesting times for people who kept the faith. I took up both RIs so far to the fullest to try to average down, but didn’t have spare cash to average further. I started buying TUI thinking it’d be a post pandemic recovery play, but I won’t lie - I’ve wondered if it was a bad decision, and the second RI was a real pause for thought. Even now I’m still 30% down, but (at least partly because I didn’t push any more capital into it) I don’t need to extract anything anytime soon.
Here’s hoping we can stay above £6 (and the equivalent EUR when the time comes) and make our way up from here.
Thanks for this. Interesting: perhaps the post-pandemic world is starting to impinge on the chartist mindsets at last.
The only worry now is wether the Great Overinflated Crash is coming, from what I read in doomsayer headlines…
It’s also telling how the outflows happen post 2016, I think.
Https://apple.news/A_hgNAwymTC2-LAumhdA56g
Net outflows from U.K. stock market ETFs would tend to indicate very little confidence in U.K. listings. Sentiment is a huge driver, and despite protestations U.K. equities are a buy due to oversale, people ain’t buying it.
When we land on the Dax, maybe we can benefit from the circa 10% rise across Europe this year vs the FT’s pitiful 0.2%…
The UK’s future looks increasingly bleak as a PLC. Time to invest in twee tourism, perhaps.
No, they’re not keeping it there. There’s no conspiracy, this is all about market sentiment - and the market doesn’t trust TUI (in the U.K. anyway) enough not to ask for more cash in the near future. Besides, the delisting has destabilised things.
I can. If our shares are held anywhere but the LSE it can only be good - the lack of volume on that bourse is part of the problem. Seen it time and time again with shares I’ve owned on there, miserable volume and a drip feed of gradual decline. If Frankfurt has a vibrant trading atmosphere then I’m all for it. 🥂
Now sure about “for the idiots” as a title - but this post has good things to say. LSE’s decline is IMO directly related to the absolute lack of government direction over the last 50 years, exacerbated by a perverse government policy agenda which has flipped twice and produced two economic bust and boom cycles.
We could have had a sovereign wealth fund from North Sea oil. We got tax cuts. Imagine what that money could have done to U.K. markets.
That’s just one example - selling the gold, the race to the bottom with the US during new labour’s tenure…
Put simply, the U.K. has been run by two competing political dogmas for my entire lifespan, which has squeezed, stretched and beaten the life out of the U.K. economy for their own short term political gain. Even Brexit could be put in the crosshairs on this one - how else could you explain the Tory front bench idiocy since 2016 and their descent into a kind of mendacious truth-averse meleé than their dogma is tearing them apart now the realise it won’t work?
But I digress. The LSE is sunk unless red, blue and - yes - yellow are all ejected from our political system (which is itself also utterly moribund and senile) and someone with some kind of practical capability to run a country beyond a PPE degree and a voracious appetite for adulation comes along.
Will it happen before the bread riots?
Delisting from the LSE gives access to liquidity in Frankfurt. Put simple, the LSE is moribund, and sentiment is against the U.K. stock exchange. ARM is the biggest example, floating in NY - this is a pragmatic move by a company who is trying to decrease their headwinds.
Listing in london isn’t worth it.
Israel conflict > oil price rise > travel stocks hit.
Markets are tetchy enough at the moment as it is. US recession still being talked about. Major market crash (50%!!) still subject of speculation.
Not sure how much positive sentiment there is left in markets.
17 down in the first hour of trading. I’d say 600+ is a long, long way off. Ffs
meh, it’s still too early to expect a miracle recovery, particularly with the misfiring economies everywhere. this summer does sound like it’s booked up quite well: we will see what happens in the longer term.
personally i think it’s going to be a long time before i’m doing anything apart from holding a rather large bag, but i’ve got time and no urgency to sell.
always interested in the opinions on here though, apart from the usual tampers and derampers. also conspi******s who cite “mms”, which always sounds like a self-soothing instinct for poor choices. i own my choices: this is all a punt, at the end of the day.
maybe the horses are a better bet (literally)… machine learning, anyone? ;-)
Erm… we’re in the middle of a RI, dopey… ??
Mike, don’t go with conspiracy theories. Simple truth is recent volume has been very very low. MMs aren’t conspiring, the market just didn’t want to touch TUI shares at the end of the tax year. New year, new ISA allowance, cheap TUI: volume trebles, price goes up.
I do wish people wouldn’t reach for elaborate conspiracies all the time when things don’t go right.
I’m all in on the RI, which is costing me £8k or so. Watching the somewhat drastic recovery this morning, I’m wondering why we’re suddenly seeing this, but it’s welcome. My average post RI will be around the TERP, so I’m going for it. GLTA…
Poor choice of words there. What I meant was reflected in other replies. I’m waiting it out to see what the various strategies might pan out to. Tail swallow could happen, I may even buy the full allocation (I can rustle up the cash).
But right now the RI sell price is in the toilet - that’s what I want to wait on, plus the possibility TUI might pull the plug on the RI (however remote).
Best advice I've seen - wait it out, don't take the RI immediately. Wait until the dust settles a little on the RI options price, then decide what to do. We've got some time...