Member Info for tricky1276

in conjunction with a ( very convenient ?) broker downgrade have added to their short near the recent top , so it is very possible that this will make a swift recovery as they buy back to take profit.
A divi is also coming up which should add to any impetus .

That would explain it , cheers

That would be nice , but more likely a realization that the fall on the 7th was overdone.
I actually liked the RNS because it shows that the board is serious about transparency .

eccles you are spot on " downright stupid at times " unless day traders are selling I cannot imagine selling up here .
Must be automated trading untouched by a logical human hand.

Showing no open short positions so they are now under .5% and not worth worrying about.
They probably made a very expensive gamble on the outcome of the general election . Cannot be bothered to do the maths but if they have fully closed it has cost them many millions.

Nigel Wilson has just been interviewed on Bloomberg TV
Only the most influential and world leading company CEO's get that privilege .
Stated that the company is having a record breaking year

eccles you probably will get your chance to buy some more .
Trade talks between B.J. ( unfortunate initials ) and the genius trump will start when Brexit is accomplished in the near future . It is a near certainty that a certain twitter feed will state that the talks have hit an impasse , resulting in a very decent market decline , buy then because the same twitter feed days / weeks later will probably state that a comprehensive and great agreement is about to be signed resulting in a very decent market rise .
Everyone is is a winner truly brilliant.

Still at a nonsense rating , my shares will not be offered for sale until the market comes to it's senses . I am amazed that any shares are being sold at these prices.

Agreed , the market movements are strictly speaking nonsense because nothing has actually changed .
But there is some logic attached to it , traders know that his comments will move the market so they act accordingly
Today is just the normal bounce back from an oversold situation , just awaiting more b s from the genius.

Hi eccles . The reason was the infant trump resuming his hot and cold musings on the possible China / US trade deal , yesterday he stated to the effect that a deal was a long way off and he could not care less . Tomorrow he will probably say that a deal is about to be made and all is hunky dory.

These comments move markets ,and with advance knowledge they could very readily be used to manipulate markets to the to the tune of billions of $ in profit.
The trade talks will be held in secret and until a deal is signed sealed and delivered off the cuff comments by dubious characters should be banned as they bring markets into disrepute.

Yep. Crazy how can the market allow a share of this quality flounder at a nearly 6% div yield , try and ask your bank for that on your hard earned . Madness.
ATB

the right time to make a placing with the sp at a relative high , if they had been issued at say 3p there would have been cause for concern.

the stuff ,excavating shafts, blasting the stuff , conveying the ore to the surface , crushing the stuff , discarding the muck,concentrating the stuff, smelting the stuff .
I imagine that the major's might be somewhat miffed when some cheeky blighters show up and show them that their discarded muck can be 'mined ' successfully at a fraction of their costs .
I hope JLP have invincible I P protection for their processes because they could be a game changer.
ATB

I purchased this in RSA a few weeks back , and strangely the sp there seemed to move ahead of the UK market . Just as illiquid
but closer to the scene of action I suppose. Looking very promising,

Yes indeed
But not a done deal yet . I have taken the chance to take some profit elsewhere . Never was going to sell this, Brexit or no Brexit
Was far too cheap and is still too cheap.

On point 2 looking at what is going on in " great britain ," Europe, Hong Kong and the politics of the US . I would comment that the areas they work are by comparison a haven of stability

Yep Page down 8% a vast over reaction ,you would think they had posted a projected loss.
The profit figure stated is much the same as last year .
A lot of the trade problems are down to that orange idiot in the White House, when the US market takes a hit hopefully he will get dumped.

Yes indeed they can still fall a lot in this crazy market, and some great value to be found to tuck away.
Take the rating of LGEN ,pe of 7.6 and a yield of 7% .
It wasn't long ago that a rating like that would indicate near term failure or a rights issue .
All of the above will absolutely not happen , if it did a permanent freeze over would inflict the economy of " great britain "

in today also own some Page.
Seems to me that the markets have gone crazy . So many strong div payers like this are priced for an extended catastrophe .
OK this will fall tomorrow but the market is telling us it cannot recover .
With Brexit looming and a global slow down on the cards , yes things are not great . But is it likely that a company like this ( and others ) are headed for near term losses ?
Highly unlikely, and even if the div is halved and halved again, with central bankers clambering to cut rates the yield here will still be attractive .
Somewhere in the " financial system " there is a vast mismatch. Probably relates back to the QE fiasco which is yet to come back and bite us all.
GLA

As long as this baby is paying a luxurious div I could not care less where it gets to because I will not be selling.
A classic case of add on the dips and hold,