Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am now invested with 1000 shares purchased.
This will get noticed now it's featured in the M.O.S Midas column.
I'm not invested, but have certainly took note, as i'm investing in U.K listed shares that i think are undervalued & pay a decent dividend (such as LGEN,BAT, UKW & LLoyds etc).
The earning & profits have been growing nicely here & the dividend has been well covered too.
What's not to like ?
Aviva was tipped by a broker a few days ago & since then it's moved up.
There was also a rumour of a takeover at 600p, but that would be around a 50% premium over this weeks SP & i can't see any potential buyer paying that much & there's also competition rules that will come into play.
The insurance & pensions sector is unloved, but i don't think any investor would go wrong buying Aviva, LGEN or Phoenix at todays prices.
I hold LGEN & at the moment am happy to do so.
Why would anyone sell IMB or BAT at these levels ?
The SP in both hasn't just declined, it's crashed !
Both stocks have a fair value price of "well over" what they are now.
Rightly or wrongly i added today with my £500 of dividend cash. My trade went through this morning 735 shares @ 68p.
Some hefty buys going in & if this climbs & keeps up the dividend payments, those getting in at these levels will be laughing at the poor souls who sold out in panic.
DEC can't be that distressed when it's buying back hundreds of thousands of it's own shares each week (including 350,000 today) plus paying the dividend on top of that.
Also, buying back shares makes the dividend easier to pay in future or frees up more cash for investment or debt repayment.
Seriously thinking of adding PHP to my income portfolio. Below 100p must rate as a decent entry price (even in the current climate).
Just think how much revenue the treasury would lose if no oil or cigarettes were sold from tomorrow !
I'm not invested here, as i own IMB as my biggest holding (bought in the 1540p area).
Due to the cashflow generated by these tobacco companies & the subdued SP i'm certainly looking into adding BAT to my income PF.
I watched a video last night regarding several income stocks & their history of raising dividends & their ability to raise them further. Payout ratio & debt were covered & a fair value was given for each stock too.
BAT fair value was around the £80 - £90 range making it massively undervalued.
Obviously there's the stigma of smoking, but sales of vaping products are rocketing.
Will the government cut off hundreds of billions in tax revenue anytime soon ?
I don't think so, as it's on it's ar** financially already !
When you look at the state of the current SP & add in the fact that DEC has been buying hundreds of thousands of shares (that end up cancelled).
In theory this should increase the SP, make paying dividends easier, increase earnings per share etc etc.
The slide down to around 80p seems unjustified & totally bizarre to say the least.
I have small amounts invested into a technology fund & the Sanlam Global A.I fund & both are mostly invested in the U.S.
The reason i'm not buy anything like the S&P 500 is because i think the U.S market is overvalued (as does Warren buffet). Should the U.S market crash/ pull back then i'll buy into it with conviction.
When i look at Tesla being valued 3 x more than TOYOTA (based on current SP) i just know something is not right !
Such a valuation is based on hyped up future sales/profits that may not materialise due to rapidly growing competition in that sector.
I take a contrarian view & only invested in the JCGI trust once the SP had fallen from around 800p to below 270p & the Hang Seng had declined from over 30,000 to below 18,000.
My main concern is the valuation of the U.S stock market.
I'm currently investing monthly amounts into my ISA.
At current levels i'm adding shares such as LGEN, LLOYDS, HARGREAVES LANSDOWN, PERSIMMON, GREENCOAT UK WIND & JPMORGAN CHINA GROWTH & INCOME.
Sadly, all will more than likely fall further if the U.S markets suffer a pullback.
Crazy that some decent UK based dividend paying companies are trading on just 5x earnings !
Did anyone else read that Mr Buffet says the U.S market needs to drop 45% to be true to the U.S economy ?
It's better to top up/ buy in or add at 215p than it is to wait until the SP is 255p.
Imho LGEN is a bargain.
The business is sound, the income is strong, dividends are well covered & there's room to grow certain aspects the business.
Most of the ftse 100 is undervalued compared to other main markets (China excluded)