Member Info for Tom78

185p is the final. The interim was about 221p the total for the year was 406p.
No idea where 372p come from.

Jupiter well up today but if that was the case why would it take two hours for mng to wake up? Maybe takeover rumours, i’ll take 300p :)

Natural gas has bounced a bit and it goes in tandem with coal. The barchart richards bay prices are about a day behind so will see later.

Fair enough and thanks for the reply. I continue to hold for the long term and do not trade this. In fact I rarely purchase the last and most expensive was last August for £48 per share, the others were 2016 so I have a good buffer to ride out shocks.

Based on what exactly?
Iron ore and copper are trending up since last November and this is what will drive the SP. China will be key, of course if we get a major downturn in demand due to recession then I would agree.

I'm happy enough as the full year dividend of 407p is 16.5% yield on my purchase price so beating inflation.

Last February 11th there was a trading statement outlining the earnings per share before the March results. So far this year there has been nothing. All things being equal it looks overdue. On top of poor recent performance the pound is now touching 22 rand making the London listed shares even cheaper

We see why plus are so keen on buybacks now, those treasury shares bought with shareholder profits are getting doled out to all the big wigs. I made it around 653,000 shares in total.

Didn't think it was too bad, revenue up, profit up, interim dividend up to 12.7p from 12.26p.
34 % of the revenue was from cash reflecting higher interest rates which has saved our bacon a bit, but investors may have cashed up investments and sat out some of the rough periods we have seen in markets recently. Cash on investment accounts earns little so I would expect that to work its way back into investments as investor confidence returns.
Also AUM figures were up to Dec 31 and markets have improved significantly since then maybe 5-6% on average.

Agreed. Good results but only 21c final div and 10c special? hardly worth bothering. Years ago they were paying around a $1 per half. Would have preferred a bigger dividend.

Hi all not looked on here for a while as it was so quiet.
Still holding all my Jackson from the demerger and purchases on the US exchange, even those $38 ones are showing me a profit but I'm not selling yet. I am looking forward to the results at the end of the month, but always yearly results can give a little trepidation lately and got stung with BATS today so lets hope for no nasty surprises!
A dividend rise would be nice though we do get stung with a 15% WHT and and Hargreaves Lansdown always give a less favourable conversion fx, (I guess they make a few quid on it).

I remember those days as well when we hit £20 and I thought about selling but held on, then the results threw a curve ball at the end suggesting next year would not be so great and that was that. Following from that there was a separate profit warning then then other issues saw the shares revisit £5 within a year.
Looks like yesterday was an aberration and we are getting the anvil and Hippo today.

I like in these company RNS how they say they are ‘pleased’ to announce you are having your holding diluted. I was certainly not pleased to read it.

We are strongly correlated with natural gas prices which have been down trending severely since Christmas. Looking at it historically rather than a technical charting view there seems to be not much more downside on natural gas.

Aangus1 the one I dealt with was used in density measurement in a quarry. The source in its holder was clamped to a steel pipeline with a detector on the opposite side. The higher the concentration of rock solids to water ratio reduced the gamma rays measured on the detector and via a a computer displayed an approximate measurement of the slurry density. This was useful for the operators running the plant to get the mix correct.
These things are fairly common in mining and quarrying operations for density and level gauges.

I have some experience of these things. The source itself is tiny. The actual radioactive material (Cs137) is encapsulated in stainless steel and welded shut so it cannot escape unless physically cut open. The gamma ray radiation is able to penetrate the capsule but does not contaminate whatever it touches. The only danger is if somebody puts it their pocket unknowingly, I believe that to be highly unlikely as it would have been packaged for transport. This packaging would likely have been a substantial lead container clearly marker radioactive material. Certainly over here radiation levels have to be reduced significantly by lead shielding so the outside of the transport package is not hazardous unless you were to sit on it for a long time. the gamma rays cannot be stopped completely, only reduced in concentration by lead shielding.

Good analysis guys and I agree with your points.
What strikes me is why cannot IG give proper figures for Tasty in local currency regards revenue, profit and costs etc after all it is a US business and does all of its business in $. Having to do a bit of guesswork and estimation to find to truth is not great. I may be cynical in thinking if those numbers were great they would be shouting form them from the rooftops.
When f/x conversions go against you the results can be horrible and this is now an embedded risk. As said interest income is welcome but that was not in the plan.

I noticed this and HICL started declaring some of the dividend payments as interest a few years ago. I assumed it was so holders could declare the some of the payment as interest to make it more tax efficient if their dividend allowance has been reached. I'm not completely sure though.

Looks steady as she goes. Disappointing costs up 25% ! has completely wiped out and more the 26 million interest gain which was a bonus anyway and cannot be relied upon. Interim dividend increased by 2.1% to 13.26p which albeit miserly is something.

Richards bay February down 8.8% to $154 from $169.
Not really surprising at all whilst the fundamentals are still good, they are not as good as they were when coal was $250+.
Investors clearly want a huge dividend yield to hold Thungela. My most recent purchase at 1342p is now 20% down so got that timing hopelessly wrong.