The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I couldn’t agree more, Pearls. - It simply makes sense… A lot of patience is required for this stock.
There's a real chance that the company may report a small profit for the full year, and the chance for it should be even bigger in the interim results in November... Then the market will have to re-rate the price here even if it doesn't want to.
Another day, another drop- fine with me... Just ask yourself if you wanna hold it all the way- and that's it. 2 years ago I sold out for some reason at a loss (obviously) at the lowest offer... Not long after it went up. I bought in back. This shall not happen to me again here.
I would say that it’s acting like they don’t dig up diamonds…
Good points, Pearls and important too… I guess we’ll know more in August. -That’s when the results are due, I take it./ Devonplay, I must admit now that the share price may fall further, however ridiculous it is. - Yes, that’s because sometimes the market simply sends the prices to insane levels… £8Milion Cap? I don’t buy that trick.
18.5p by 30.9.27- A shot from quite a distance. Maybe… A lot can happen good and bad by then. I’ll want to see the next full results…
By the way just noticed some sells? No bother if you ask me…
It's a clearly good update. If someone's disappointed I think that they should be a little more realistic because the last few years have been terrible for the company in every respect. This report is another one that shows that things are going well!
It should add up nicely to the bottom line .
No problem, Pearls… Today- not much of a rise but always nice to see it.
With this share performing as it is- I'd say he deserves credit... But the game's not over.
All this is irrelevant and misguiding! You can't work this out in your favour or an answer whether or not you should buy or sell.
Small turbulence before the rise. No doubt in my mind…
Yep, I agree. As to the amount which would raise the share price I guess that some big buys must go through to do that… But that of course can happen any time in a single day. Anyway, we have to wait and see what happens. We can’t be too far away from the next announcement.
The last time when the share price was significantly lower was in March 2020. It fell as low as 1.53p. In February 2020 the Company issued RNS - Agreement with Phoenix S.G. Limited, under which "... SGL has acquired trading inventory consisting of approximately 780 items... The agreement is for a total of ten years ..." Yet a month later the share dropped to 1.53. Then on the 29th April 2020 an update came about Covid and the price was about 2.50. Never again went down under 2p after that.
Today the company seems to be in a better position but the share price doesn't move in shareholders' favour. Yesterday I bought 5000 for 2.2... so not always all what seems to be red is red indeed?
Yes and no might suggest that at the very worst I should hold …
So it took four days only to sell all the fractions of that coin! As for 1cMagenta- The selling might seem very slow but it’s also by far a more expensive item! All looking good.
Showpiece has started selling “shares “ in Edward VIII Penny coin. SG shares might be worth a punt …
Someone might find it tempting… Or the restructure is to be completed in the first half of the year?
A correction upward next week?