Member Info for Thronegames

I've decided to wait to buy until the waters clear a bit after the demerger for a buying opportunity. I don't like the idea of either holding shares in RASP or waiting around to see how much I would get on their sale.

If this price reflects people buying for the divi next week it doesn't make sense - this is the second of what I would call the two outsize quarterly payments. We didn't see this kind of action in advance of the previous one last November! So that theory doesn't wash with me.

So who is buying and why?!

I am looking at getting back in here after my exit a year ago. I understand the Ukraine-Russia conflict and how it might influence the share price.
I do NOT understand this de-merger and I would appreciate any pointers for those who are watching this.

Jing, let us know if you go ahead with the divi trade.; your sell and buy prices and your costs. I for one would be interested to know how it works out. Ex div season is fast approaching and I have switched funds into my share dealing account to take advantage . PSN is screaming at me to buy with yield at 10% after recent steep drop. Seems overdone. Also on my radar are MNG, LGEN, POLY AND RIO. Also I may add significantly to my IMB holding, although it may be weak for the Summer months given that the next two big quarterlies kick off again at the latter end of the year.

Jakers, thanks. Do you have data to support? Also does it really matter substantially in terms of the share price?

taylco you are right...."divi dodge" is a special lingo invented on this board and it means selling as the SP increases before ex div date, waiting for the SP to drop after the ex div date (by more than the divided amount) and then buying again at a lower price. Yes we know, we know...trading costs etc. It has worked for some in the past. Not for me - at least this time around!

I sold all at at 23.9. I'll look for a drop tomorrow to 20p and maybe get back in. My strategy with this stock has changed. I've been here since the 5p days and watched the trend. I've made a lot of money on the up since 2019. I have some little confidence left and I may exit again at 25p possibly. I also need to be here in case the bonanza happens.

It didn't work last time around IMO due to upward SP momentum. For the SP to fall more than the dividend amount there needs to be a large queue of people wanting to sell and just waiting to lock in the divi before doing so. I know the SP is off its recent highs but the overall trend has been upwards, therefore I can't see the SP dropping by much more than the divi amount. I haven't traded this around the divi and I'm happy to stay holding for the forseeable. Even when I have traded divi on other shares my results were mixed. Too little reward for the risk, IMHO.

meoryou, my simple thinking is as follow: There are two problems. Firstly, Putin has invested heavily in this build up of troops; it looks like a statement of intent. On the other hand he has repeatedly denied that he intends to invade. If he now goes ahead and does so he will have undermined his international credibility forever! He's in a dilemma. I can't see how he'll get out of this except by making a move that he says is NOT an "invasion".

I had similar surprises over the last few years. I get paid the full amount of IMB dividends as it is registered in the UK. I got rid of my shares in TOTAL 2 years ago after finding out that the French exchequer took 30% of my dividend. I went to war with my broker (I hold most shares in a pension fund) over 30% withholding tax in DEC. I am an Irish resident. DEC is domiciled in USA so based on double taxation agreement and critically, having a W8BEN form on file, the maximum tax payable on USA dividends is 15%.

BUT that depends on residency. I'm in an Irish self-directed pension fund so I pay 15% on DEC dividends; in a UK based SIPP there is 0% div witholding tax. In summary, it depends on where the shareholder and the dividend issuing company are domiciled and on the double taxation agreements between these countries, which varies.

The final final nail I wanted to hammer home was this: DEC has a 12% yield and a previous poster implied it was not great after a 15% discount on that figure. 10% after tax is a darn good yield. IMB at 8% is great too. All above based on endless emails with my broker and on my own personal research.

Lol GLA all GENUINE LTHs. Hilarious. IMHO. DYOR. I might re-enter at 20. Held for 2 years and sold out last month at 23.

golden cross..which means? Tell us more!

Another factor that may account for the recent rise may be that Billionaire (can't remember his name) who started building a stake sometime last year. Perhaps he is continuing to accumulate - if so, we should hear more soon. Apparently he has had great success buying out-of -favour companies. If I remember correctly he started buying around 1550 -1600. Sorry I'm too lazy to research more!

Yay! Yes I deserve this, especially after selling half my BP at 15.50 last week! IMB remains my 3rd largest holding and I'm finally in profit on purchase price not considering dividends. I'd love to understand the reasons underlying the recent rise, though!

My gut feeling is to not trade this around next dividend. Surprisingly the trend for IMB is upwards. Yes there may be a substantial fall-off from 1680ish. But the sentiment seems positive and we will see 1680 again next year? This question separates short-term traders from medium term holders. I also find it interesting that 'dirty' stocks like IMB and BP have seen an uptick recently.

horse mouth, I would say you are wrong. Usually a dividend is paid out of a company's income from trading. That's my experience. To be perfectly honest I sold today with the expectation I will get back in at 20p.

I am a long-term holder of EUA and I want to share my honest observations. Some time ago there was a share placing at 26p. I have not paid enough attention so I cannot tell you the date. Since that time, there have been a number of RNS communications and it seems to me that they are insubstantial and designed to bring the share price back from the 20p level towards which it tends to gravitate on no news. My opinion is that the company will release a RNS to appease the institutional investors who bought at 26p. The last RNS is a case in point. It is merely a statement of intent. "If we have any future income from operations, we will distribute 80% of it to shareholders". It has nothing to do with the sale of the company. I'm not a ramper or a deramper; filters and green boxes mean nothing to me. This last RNS is the equivalent of BP saying it will return X% of its income from operations to shareholders.

As I have said, when there is a downward trend in SP, people will wait until ex div date to sell and so the drop will be disproportionate. The recent trend has been positive so I don't expect a disproportionate drop. That was the case last time round also. My opinion only after puzzling over the issue for some time.

We're p 2.5% in the U.S. today so maybe we'll get the justified turnaround from tomorrow.

Hi phil, my average is 2.02 after the 2020 Covid crash. I had a sell list yesterday as I wanted to buy FTNT and AMZN but LGEN was at the bottom of my sell list. I sold some RIO. LGEN for me is a long hold. Strong SP appreciation going in to Apr dividend. Same with IMB and BP. I won't trade the dividend.