Member Info for syntaxity

i started paying more attention when i noticed it was struggling to climb higher, when IMT bounced along the 2340p to 2360p range. then, at the first 'substantial' decline where IMT closed 2314p two days go, i sold everything. at this point, there was still no major news. then on wednesday, a broker downgraded IMT to sell and lowering target price by a huge margin - from 2450p to 2130p. this is after china, home to the world's largest tobacco consumers, reportedly intends to ban smoking in public places by the end of the year. http://www.thisismoney.co.uk/money/markets/article-2536139/MARKET-REPORT-Chinese-burn-tobacco-shares.html?ito=feeds-newsxml

i was scrambling around to find out why this morning and all i found out was that it was re-rated by credit suisse. i was d*mn near to hitting the buy button at 2212p but in the end, didn't. good luck.

i'm speculating by mid-january, this should be in the region of 2400p+ unless the US government shuts down again(also mid-january, while debt ceiling due date is 7th february).

ok i've sold some NG prior to closing and chucked it into sainsbury at a slightly lower yield but higher chance of capital growth as i see it reporting further strong figures in january after the christmas frenzy.

having gone ex-div and the share price back to it's previous near-term highs, the Grid looks like it is struggling to pull through to the stratosphere.

http://www.4-traders.com/LAMPRELL-4006454/strategies-strategies/Perfect-timing-to-aim-a-technical-rebound-17615156/

http://www.iii.co.uk/articles/137398/edmond-jacksons-stockwatch-lamprell-needs-show-more-evidence-recovery?icn=homepage_editors_pick&ici=homepage_editors_pick

in here at 226?, glad to see it continuing the momentum. i reckon this should be 2400 by mid-january where IMT will go ex-div for a whopping 80p payout.

hahaha....ok, perhaps i'll take my chances this time but if the ball actually works, i'm going to need your private contact because i may want to buy a chip off the old ball. :)

thought this may head towards 720p-730p but it looks like there is a flurry of buys coming in already. i used to trade in AIM shares too but a lot less lately, only cyclicals. i also stopped posting here on LSE for about a year but i've had a little more time on my hands lately, with xmas round the corner. happy investing.

still climbing. what does the oracle say, for the week ahead? :)

trust from the government to provide traditional telephony services http://www.mobiletoday.co.uk/Dealer_News/27514/Government_awards_telephony_contract.aspx

i wonder what's the story here. rather sharp drop today.

i'm buying this for stability. my gamble is IGAS - they just started drilling for shale gas and results should be known by the end of Q1 next year, well funded and already producing. apparently, potential to 10-fold but as you know, probably a lot of it is hogwash. i'd be happy if IGAS share price doubles in 6 months. good luck :)

actually, i doubled my holdings here. :)

topped up on the drop this morning after ex-div today. safe 5.3% returns per year, not much to worry for the next 8 years due to agreement with OFGEM on regulatory pricing hence, less affected by negative media. hope to build a pension pot here too, in the long run. good luck to all.

hmmm...looks like i may have missed this 9 month period because i was looking at matters more on a historical & yearly basis. good point, thanks. anyway, i was pointing out the EPS because of dividend cover. this year, forecast for the full 12-months EPS is expected to be double that of last year(€0.43 ) but this is still below what they paid out as dividend the past 5 years(around €0.59 to €0.65 per year) and dividend cover has been below 2 for the past 5 years, below 1 last year and this year too. rather irresponsible instead of being(excuse the pun but i'm joking) shrewd, wouldn't you think so? :) in my opinion, there won't be much capital growth because the market is already pricing in a dividend cut and could drop further if a dividend cut really comes about although i think we would probably see growth instead because i presume the market wants to see BNC preserving cash. i see several players debating this. anyway, i guess i could really dig very deep into the numbers to form a conclusion if this juicy yield is really sustainable but not feeling greedy at the moment so i'd rather not take on this risk momentarily. i will continue to watch from the sidelines. good luck to you guys!

glad to see this moving. got in at 129p the last time, sold at 147p then jumped back in at 130p again. :) think this time though, i'll stick around a little longer as results were good.

thanks for the response. but the key point i was trying to make is the fact that i wonder if anybody here has ever wondered why the yield is so high? doesn't it sound odd that although spain appears to be getting better economically, the share price still drifts downwards? the market is rarely wrong, fyi. the spanish writedowns isn't the key to what's holding this share price down and in turn increasing yield. the key is EPS - investors will only be attracted to this yield/share if BNC has reversed the downtrend of earnings per share, which has been dropping since 2007 and still dropping! hence, the market is already speculating that the dividend is unsustainable in the long run. but with things looking brighter overall, i suppose there is a chance BNC may still make it back to previous glory days(good luck to whoever already invested). as for me, i will be looking for a reversal in trend of EPS before deciding to invest or not, perhaps at a lower yield by then. :)

not sure why you would want to attribute BNC share price appreciation to spain. they may be headquartered in spain but only 7% of their net income is from spain. brazil and UK are the biggest contributors to BNC profits, at 39% each. i have been researching this bank due to it's juicy dividend rate but discovered EPS has been dropping since 2007. so i guess the risk is yours but the market is pricing in a drop in dividend in the near term. anyway, good luck to whoever's invested.