Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Why should the SP be around 17? In a free market, the SP should be around the price it is, if not exactly the price it is. If you think it's low, then buy some more. All we do when we buy shares is think we know better than the person selling them. Sometimes we are gloriously right (SMT are my current best friends) and sometimes we buy TW. The price just is.
Dodgy maths there zac, £563 plus £2876 doesn’t equal £563. I take your point though and hold 2 L&G trusts in my portfolio, among others. Before covid, LGEN was definitely worth holding and I continue to hold a substantial number, mainly for the div. I hope it continues. we will see.
Brucey boy you would be a lot more convincing if you didn't just go around your favourite boards (like first deriv, where you are just about the only contributor) ramping your opinions. In any event, isn't making investment recommendations not allowed on the board?
Agreed. On Monday I sold a gold fund which has gone up 33% since I bought it in November and took a handsome profit which will nearly pay my entire tax bill for next year. Since I sold it has gone up a further 2%. It’s a little annoying, but the first profit is the best one as they say. You cannot time the market, so why bother trying?
On the other hand tuckupp, you could be like the vast majority of people, including me and some colleagues got it (we are all key workers) when we got it, and have a mildly raised temperature, a bit of muscular aching, a slight shortness of breath, no noticeable cough and feel dead lethargic but basically OK. I agree stay at home and prevent the spread, but the terror tactics are really dumb and your assertion that we *will* suffer badly is patently untrue.
Victor, grass root level is no one uses branches any more. You might, but hardly anyone else does. Lloyd’s made gazillions profits last year and some of it was mine and will be in the future. Get those useless branches shut.
No holiday insurance is a great money-saving idea. You can save such a lot of money and it only costs tens or hundreds of thousands of pounds if you need to be repatriated on a stretcher. Good financial tips always welcome here.
Share price is nearly up to what it was last Thursday. Obviously Lloyds is on the up forever. Hold on... people been saying that for years. I shall take the divs and believe it when I see it. Bookmark this page for plenty of incoming baseless over-optimism and other similar bow-locks.
GSK is my second largest holding (to LGEN) and I have held since 2008 and added to several times since on dips. At £18.30 or whatever it was, I would seriously have thought about taking a very substantial profit but couldn't do it because my entire holding is in ISA's or other accounts managed by SVS brokers, who went into administration last year and so my accounts are temporarily inaccessible. The question is...would I actually have sold? After some soul-searching I figured probably not. The divs are too good, especially for shares I bought at about £12 all those years ago. So fret not and hold for the long term, taking comfort from the income. I am also a bit concerned about the cost of the split, but the estimated savings are not to be sniffed at, though I can't pretend to understand the details. The bounce back will come for the patient, when Brexit and flu viruses have long been forgotten.
Am in a South African national park on a holiday more or less costing the same as last years lloy div. At 5am this morning I lucked a first rate photo of a leopard on a rock, which will go to an agency when I get home and which will earn me money. Still gonna keep the lloy shares. Good div, bright future. Have a nice day in the cold and the wet.
GSK has been my largest holding since 2011 by some margin and has rewarded me handsomely for my loyalty. I have rarely paid much attention to the Sp but have had a few top ups on weakness and now have a most excellent paper profit. Soon all holders will have a decision to make. No doubt this will be discussed to death and I look forward to informed comments from wherever they may come.