yes libero now you can see where i was coming from .we all make decisions on what is best for our investments and if you feel that there is more profit to be made from bmn than dlg in the near future then that is the right investment decision for you.
hope it goes well for you.
libero to clarify i did not mean that you would not receive the divi on those shares but by selling them this morning it is equal to giving it back to the market due to the drop in sp.
yesterdays sp £3.39- todays sell £3.15 = -24p
just read your post and totally agree with your train of thoughts cannot see any reason to sell this stock at the current price or in the near future long term hold for me.
libero- realise that you are not used to divi stocks but by selling some of your holding this morning you have literally given up your divi on those shares we all have to learn and time will tell if moving that money into BMN was the correct move for you. best of luck.
MM always cut the price to stop people flipping the stock ie buy day before divi and then sell after divi day or everone would be at it on every divi stock.
this stock will steadily climb back up to previous highs over the next couple of weeks and then go above £3.50 if promoted to top 100 in sept i am taking my divi in shares and will be expecting a steady increase in sp over coming months.
yes DLG doing very well and 3.50 - 3.70 is almost certain but i just cant see the £4 without making the top 100 but i maybe wrong there are still a lot of nervous investors sat on cash afraid of another crash in the market which i personally dont see.
in the meanwhile i can see absolutely no reason to sell this stock as the yield is about as good as it gets in these times.
i noticed your post on h&t this morning i am not in that stock but if it gets down to £3 i think i will be as i think they will do very well over the next 2yrs as redundancies increase and peoples finances come under further pressure . we will see. good luck.
been in since mid april at 2.66 then doubled up in june at for average of 2.69
never could understand why the market was so slow on this stock as everything was pointing to this day and reinstatement of the divi and more to come next step is top 100
enjoy your day.
have read a lot of tech stuff on this bb and i understand a lot of the +++ for fibre and the incomes that bt will get from but what is there to stop the gov from capping bt charges and therefor controlling the companys profits.
in other words nationalisation by the back door.
yes all is good here although wont see any increase in sp until end of the year now unless we get further update on property sale but realistically i think it will be early next year.
there is also a seller in the background which i think is the guy from guernsey who is dripping his holding into the market in 5,000 share tranches on a daily basis which will keep the sp at this level for the time being.
thankyou for replying to me some very interesting points you made some of which i was not aware of that were very interesting especially likewise if as you say they have put a team together that have inside knowledge of headlam they will feel that with the financial backing they could take market share away from headlam although it is very hard to take on market leaders in any market and the recent events will have hurt them more than headlam. as you say they will most likely have to go back to the market for further funding.
i had noticed that fidelity had lowered there holding by 5.87% and that there is no evidence that any one has picked this stake up so you are probably right some of it or all of it is with a broker to drip back into the market as the ii will probably not be interested in taking this stock until there is positive news from the company which means we could be waiting for sometime to see an increase in the sp. the other thing i hate is the retail investor communication is as you say.
i thankyou for your posts and thoughts .
i presume you are again bullish on enq i did take a small stake in enq at 18p and sold at 28p so did very well at the time but that is the only oil stock i have ever held as i just do not have enough knowledge of the sector and struggle with the tech to be quite honest.
i really mus learn more about that sector as i hate guessing and that is why i like to converse with other level headed people and not just rampers and dreamers many thanks again steve.
have read a lot of your posts on enq which i am not in at the moment. i was in until cv but oil is too risky for me at the moment.
but i do respect your opinion on stocks as you do seem to have what i call level headed thinking.
i like this stock but BOD dont seem to give a lot of info on future expectations.
maybe that is because the stock is mainly held in Institutional funds.
sp is still dropping but already seems very good value to me.
please do give your view as always interested in solid unbiased opinions.