Member Info for Tom78

I bought more of these around $28 after the divestment and felt smug when it was $40 plus. I made the worst mistake buying more at $38.5 just before the last results announcement so those are well down. Just have to tough it out as like you I think it is undervalued.

Mine was paid Tuesday with H/L. Once I had a broker that got paid a plus dividend by cheque and because it was in $ it took weeks to clear, but that was years ago and they are no longer in business.

90% that's very risky for any share. Thursday is second quarter operations review and half year results on 27th July. Dividend will be announced on results day.

Nearly back to the spin off price now. Another dud for the portfolio!

Another fund raise out of the blue.
Seems little point offering retail investors a chance to buy shares at 169.0p while right now they can be bought at 169.6p on the open market. How on earth they could be incorporated with existing holdings within a nominee account isn't something I would bother with for such a small discount.

Many UK focused financials and insurers have had wretched year and so has sterling. I hold these and continue to do so for dividend income which when taken into account gives me a decent profit even at these low share price levels.
This is one of those shares that timing is everything on the purchase as 230p or below is fairly safe and over 270 is dangerous. No easy answers if you can tough it out I'm sure it will recover in time or just sell up and find something to get your money back quicker.

Who is your broker? had mine ages ago with H/L.

Yes it's a mad mad world. Only saving grace for me with M&G as I bought in the pandemic chaos at 133p to just hoping it doesn't go that low again but who knows.

Almost vertical drop from open today! Can't see any new bad news.

Jeffries put the boot in:

Jefferies cuts Hargreaves Lansdown target to 690 (820) pence - 'underperform'

I think HHI (henderson high income) is on small discount right now, I prefer smaller company investment trusts as they do all the hard work researching smaller firms and can find unknown gems. The FTSE 100 dominated IT's are usually low growth shares with high dividends, so I prefer to just own those shares directly and save a little on the management fee. I like IPU smaller companies trust, awful lately like everything but has paid a growing dividend for years and is on a huge discount of 10-15%.

This weeks sharp drop in oil price and oil shares has been causes by the Feds aggressive rate hike and more to come. Fears this will lead to recession worldwide has hit the oilers stateside as well, nothing to do with North sea windfall tax.

This is more to do with, Runaway inflation, Deep bear market, severe recession, collapse in value of assets under management, squeezed customers etc, take your pick.

Good luck, the whole thing looks moribund along with the FTSE, Sterling and the UK economy in general. I need a miracle here to get my 1352p average price back. At least I haven't thrown good money after bad averaging down, but should have took a loss on the first warning.

Can't win anywhere today, at todays rate we would have 0.25 / 1.222 = 20.46p !

It certainly has, although for me Thungela resources has been the star of 2022 off the back of the huge surge in coal prices. My insurers and asset managers have been awful since the turn of the year and many of my diversified investment trusts which used to run around par are now showing discounts of nearly 10%. It's hard to know what to do at the moment.

Wise words Phyl I totally agree. My small buy earlier is now under water already doh! but the trouble a lot of us have is cash earns nothing, diddly squat and with inflation tearing away with massive fuel and food price increases what do we do?
It's true the next dividend is not for a while but you could trade a bit and try and make a few pence in the meantime, though easier said than done admittedly. I'm struggling to see anything really tempting in the markets.

Same here - another 1000 shares in the pot @ 248.7p.

Just read on BBC a review to raise the smoking age by one year each year! That really is a nanny state idea if I ever heard one.

CMC drop is a bit strange, they already warned about reduced profits and they came in as expected. Not invested there but typical market reaction.