Member Info for TheLoaf

There was a report on student accommodation a few days back. It stated that many of the converted houses rented to students by private landlords were nigh on uninhabitable & that should be good news for a company such as Watkin Jones.
This happened to my workmates daughter who was living with 3 others in a house in Leeds. The roof let water in at an alarming rate, but the landlord was more interested in getting his hundreds of £££'s every month, rather than getting the problem sorted.

@HeresHopin - That wasn't the case, as PHE rocketed from .5p to 10p in a short space of time with no earnings of any sort to back up the hype. Yet some rampers were telling folk to get in at 10p & i disagreed with them for the reason i just stated.
This company is different, as it has an income & i simply can't understand anyone that thinks it's not worth more than the current SP.
If this jumps to 100p again, i'll only sell the profit if dividends aren't forthcoming.
I'm more comfortable with investors buying into Bens Creek below 20p instead of getting in after the horse has bolted.

@ HeresHopin - Not really, as i was tipped the share & figures of over 100p were touted. I bought in & added more soon after.
Because i didn't need the money i let it ride & then made a choice to sell most of my holding so i could buy more IMB,LGEN & DEC (i like dividends).
I've seen it many times before where the SP rockets & then plummets as investors pump, pump some more & then dump so i made my choice.

For myself It's all about finding value or a comfortable price to get in at & i never try to jump on board when the ship has already sailed (so to speak).

If others don't think this looks good = that's ok.
But can they let us know what other company looks better & is still undervalued please :)

@ Penstock - The info your share through your posts is gratefully received by most of us on here, but us investors have to make our own decisions on what price we want to buy & sell at. Far too many on LSE de-ramp on no news whatsoever.
I've said before that i was lucky to get in at 11p & sell 90% at nearly 100p, but knew anyone buying around 100p was taking an awful risk.
It was similar with PHE a few years ago, as i bought in around .5p & sold out at 3.5p & 5.5p only to seethe price rise to 10p !
As i posted about using caution, certain rampers were telling folk the shares were still cheap at 10p (based on a company with no earnings). I got slated by a few on that page & yet the SP now sits around 1p.

I like the story of Bens Creek going forward & this is a company that actually earns money selling the product it mines.
If it does hit 5p & is still selling plenty of met coal, then it offers the opportunity of a lifetime to get in very, very cheap indeed.

@Monty888 - let's hope so :)
Broker targets are 170p plus & i watched an investor video on YouTube the other day where he pointed out that one of the "Fair value" tools gave a price of 245p.
There's plenty of cash in the bank, but the current negative free cash flow needs working on asap.

@Urraca - I bought another £150 worth at 90.32p yesterday with my monthly ISA subscription through HL. I bought in on Tuesday at 92.68p, so can't complain.

I held these a few years ago after reading about Watkin Jones in the Midas column. I never held them for long, But have now decided to buy in this morning.
As far as I know, there'll always be a big demand for University students needing somewhere to stay.

Bens SP could drop further yet, as there's a delay in getting certain parts for the 77 HWM300 unit.
I'm holding & will probably add more sooner or later.

@BobbyO - if you don't know the answer to that, you either need professional advice or not to invest at all !

I first bought into DEC below 100p after seeing it tipped in the Midas column (Mail on Sunday).
I added a few days ago as it fell back below 100p & after forgetting it was results RNS day today (i have a bad cold/virus) i added again at 93p.
After IMB, this is my 2nd largest holding with 11,500 shares held.

Not much else that pays regular dividends is down by as much as DEC over the last few months !
Either bad news is to be announced or this represents one of the best buying opportunities for a 12%+ yield ........EVER!!!

Decided to add more of these & more DEC today for relatively safe dividend yields of 8 & 12% respectively.

Just added more DEC & LGEN

@wolvesposty - The time to bail out was when the SP was north of 500p & not when it's dropped back below 250p.

Nice recent rises for those who hold :)

Decided to sell today after being lucky enough to buy in under 300p.
This could rise further, But good profit is not to be sniffed at.

We should be in pretty safe hands here, as Legal & General is a far bigger & more diversified company than Direct line.
Our dividend should be safe too, as we have more cover.
My monthly ISA allocation has bought more LGEN today & if we head to the 220's again - I'll certainly look to add more.

By no way am i tipping this share, but is anyone else in Bens Creek(BEN).
I did massively well on (BEN) last year after selling the majority of my holding at over 500% profit & have been nibbling again under 30p.
There's a recent podcast that's well worth listening to (link in share chat on Bens Creek page).
If it all plays out, Bens Creek could well be another company paying out double digit % dividend yields.
As always = DYOR & good luck on all your holdings in 2023.

I was lucky enough to be notified about the potential of Bens Creek when the SP was approaching 11p & though i don't gamble massively on AIM trades (or any really) i came out with a 5 figure profit after selling some around the 98p mark.
I did ok on another dip & then started nibbling below 30p.
If news of the potential dividends gets heard by the masses, this could rocket 100 or 200% in next to no time !
To hear Adam saying he hopes to pay more than 5p a share makes it tremendously appealing against the current SP.
Good luck & Happy New Year to all holders.

@Thronegames - I'm pretty similar, as IMB is my biggest holding followed by DEC, Lloyds bank, Unilever,Legal & General, BP, UKW & Shell.
Let's hope the dividends keep rolling in :)