Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
If only I could read polish …. Still the inference I gained was 100 SMR a sensible distribution of eggs rather than the big ones and likely more secure in an insecure world. Correct me if I’m wrong! Great opportunity for RR
RM
I'm sure you're right re BAE and QQ and I hope and believe you're right as I have positions on both.
Likewise I have positions on both BT and VOD which have significant structural issues not least of which is significant debt. The other issue with both of them is poor management, I worked for 4 of 5 elements that comprise the 2 companies and the remaining one, openreach I've dealt with lots. Both have fixed and mobile offerings of which at least BT understand the fixed line element unlike Voda. I'm taking the attitude that both will come good at some point (med to long) and load up in small batches whilst the prices are low. They both pay reasonable divi's
TUI i bailed when they did the 10:1
Suitably Vague in the results
· Dividends reinstated
- 4.5p per share payable in early 2024
- Expect pay out to increase to 20% of headline PAT on FY24's result
- Potential to increase level of future returns to be assessed over the coming years
HL have messaged me numerous times telling me I’m not sufficiently diverse. I am where I planned to be more or less, just it now looks in seriously exposed to RR because if it’s meteoric rise from my average of 103. At worst my portfolio (around 20 investments) was -25% it’s now +116% only IAG and good old easy jet are not behaving at the minute.
We all do our research and invest as we see fit, tullow and hammerson did well for me and unusually I got out at just the right time as they’ve gone nowhere.
Do your research and invest based on that and it’ll either work or not
At the time I bought into RR I purchased so actual yellow stuff for £32 per gram, now as you know £52 not quite as good as RR but pretty good return! Can only see it going up. Nice thing is you can’t actually spend 10g blocks in the shops and it’s CGT free