Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
The drop for the dividend from a close price of 507p was expected as 481p. The current SP of 477p is no more than the usual sink below that before the inevitable recovery. PHNX is an excellent company with a good outlook.
Mongooser may be a little over the top but he is essentially correct. EUA has already increased significantly and it does have the last known unconsolidated Palladium resource. Don't discount it so quickly. Other Palladium resources are already known in Canada and South Africa and are playing out. Fresh Palladium is needed. EUA provides it.
However I can understand most here would be much more risk averse than to invest in such a company. I look at HSBA for the dividend returns. But that's not gone too well recently has it? And China is also a risk with HSBC involved there.
You pays your money and takes your choice ....
Oh dear. The doubters are out in force. They appear to be the market 'experts' who browse stocks, make a profit and move on. The knowledgeable with Eurasia will know the history and the BoD and how they operate. It's complex and each move reinforces things. Move on if you wish. Most are staying for the dividend. In more senses than one.
SP Angel joined as Nomad, just in time during suspension. UBS and DLA Piper join last July. Alexei Churakov sells a large chunk in January as he'd assumed a deal would have been done by then and he's on the inside as an advisor. Rosgeo JV and Japanese RNSes appear to complicate the situation and make the market think this is ongoing for longer when those deals would have been in the pipeline for some time. Then we have an EGM for a simple share issue resolution with just two months before an AGM. Just to keep the negotiating going or because the bidder needs an answer to that resolution before the AGM? I get the strong impression this is happening soon, as in before or by the AGM.
It would seem to be down to diversification as oil becomes less important. Dubai has no oil left but is still very successful because it has diversified.
Shell are moving gradually into renewables. Some want to move far too rapidly. Shell management are just saying to do it smoothly and gradually.
EVs only by 2030 is very punchy. Unlikely we'd have the generating infrastructure in place for that number of EVs around the country for 65 million plus people. Recharge times are also too long for charging on longer journeys. Too many impracticalities.
We'll still need oil for plastics and other uses. We'll still need oil worldwide for transportation as other countries aren't bringing in such time limited restrictions on petrol and diesel powered vehicles.
Very quiet on here after the speeches in parliament criticising HSBC for their freezing of an account concerning the Hong Kong situation. The SP has dropped significantly today on the back of the speeches. HSBC need to get their act together to avoid further damage. Unfreezing the account for a start.