The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I bought 25,000 shares at 225p and sold at 325p as at the time the deal stank. Today, I've bought 5,000 because it's a good dividend payer even at 10p. If the merger happens it'll quickly rebound not that I want it too.
Once KPMG have sorted the administration and prepacked Patisserie Valerie for Luke Johnson to acquire on the cheap would it not be wise for Marston's to put in a counter an offer?! It'd add at least £70million turnover and £15million to the bottom line.
PYUECK you're not in a minority, it was a bad deal before and it's worse now. This is reflected in the share price that will ultimate stop at around 175p if they go ahead and give up what is effectively 20% of the whole business.
So the shorters called it right after all. I bought in the low 20s and sold >160 so did alright. I've given a little of that profit back as fundamentally IQE is a sound and profitable business but the drop below 60p really took me by surprise. Until the wheels fall off I'll be diverting all available cash here. Good luck guys.
If the BOD can't give a tangible and strategic reason for holding onto so much cash then they should really think about returning some of this to their long suffering share holders. A $10million float alone is enough to see SLP through it's secondary phase of operation.
Either someone is stake building here or SLP are buying back shares. I wonder what it could be? Director bonuses??
Lithium is a gold rush and while good money has been and continues to be made there I'm speculating on copper as that's a key ingredient for EV, it's infrastructure and the wider economy of course. I have 1 million shares in WTI and if they pay their bills on time and copper performs I see 2.5p as fair value and an exit. Back to SLP we're back up to this mornings highs so good omens for the rest of this week. GLA
Any reason not to pay a dividend right now. A one off special dividend would send the share price higher IMO
I'm kicking myself for selling 350k in the low 7s. The charts suggest little support at 10p so we are either going to retrace back to 8p or find ourselves bubbling along at 12p very soon IMO. Any news (chrome sale and distribution) in the latter territory and/or pop strength should see us at 15p. Exciting times ahead. GLA!!!
I noticed this too today, 5-10% price rises were baked-in before the new year across all retailers. We've had (weirdly) 5 years of nil inflation and it's just catching up on us and I won't grumble though. Aldi and Lidl are serious purveyors of shrinkflation and nasty ingredients... I'm hoping on a renaissance of the proper supermarket shop - at Sainsbury's of course.
I sold 350,000 last month at 7.5p Typical! (Still holding 415,000 mind).
I guesstimate the current basket price to be ~$810. We'll have one bumper quarter that'll bolster our cash in bank to $11million and I'm hoping for a special dividend. Lean, mildly profitable times ahead.
I sold out half my position yesterday (350k) so that's bound to push the price up (sods law). They are offering me 7.7p today.
Pretty much offset completely by the price of palladium which is up 90. My best guesstimate basket price is 860.
Confirmed. If you type Robyn Terry Mcconnachie in google an article pops up at the top of the search in Mining Weekly and it details he has aDaughter Robyn-Lea, 29 (in 2015). This is clearly a misappropriation of company funds and I'd like to see the tender process Alma were involved in and why they were preferred bidder and while they're at it what they actually do for Sylvania Platinum. Naughty naughty I hope one of the bigger funds have the legal facilities to pursue this. Great find.
The fundamentals haven't changed so I'm not tempted to sell off yet. Sylvania Platinum is in very good shape for a PMG company.
Palladium looks to be breaking above recent highs while platinum is holding steady. A maiden/special(one off) dividend of 0.26p a share would only cost SLP £0.75million and generate more for them than what an outside PR agency can. They could do that now.
Useful figures there Wuffle. Not knowing where Sylvania Platinum sold their ounces and assuming a similar makeup then an average basket price over the latest period comes in at ~$818 an ounce and near enough $14,000,000 of income. There's got to be a profit in that?
Or not this is the only place I'm parking my money sub 10p
I've sold my 5,150 (SIPP) and 2,500 (ISA) shares which is a shame as Sainsbury's is a good company just too many uncertainties with the Argos takeover.