PYX Resources: Achieving volume and diversification milestones. Watch the video here.
I was listening to the news piece on Proactive Investors and the analyst mentioned that the large fall today might well be exaggerated because of low volumes during summer and there is also hope for recovery next year because of a new iphone model - we also have the World Cup next year when people generally buy large new TVs apparently!
Sorry, it looks as if the next announcement is due December! Haven't changed their financial calendar on the website!
Hi, I am a fairly new shareholder, down around 9% after today's fall after averaging down a bit today. It does look a bit suspicious to me that this unscheduled profit warning was made on the day it goes ex dividend when we have a trading announcement coming up in a couple of weeks anyway. Wonder what other people think about that. These large falls really are quite shocking. The dividend did appear to be well-covered so hopefully no problems there. Someone somewhere is making a lot out of this!
Cheers, mate, hopefully will start to move up some more this week
I am a fairly new investor in this company over the last few months and have steadily seen the share price fall and we have obviously seen the latest big falls but I have researched it as much as I can online and have confidence in them, especially given the low debt and product pipeline. I have also read an article this evening on a Pharma website which makes for interesting reading regarding their near term expansion plans. Here's the link for anyone interested:- http://www.in-pharmatechnologist.com/Processing/Hikma-upping-injectables-capacity-by-as-much-as-500-by-end-of-2017
I think that Countrywide should be looking at merging with a more commercial property based business in order to bolster its business base with the apparent slowdown in the residential side and also the announcement by the Chancellor this week regarding letting agent fees.
Hi, just an observation, I noticed today how the share price fell by around 11-12% and recovered by lunchtime to be down by only around 4-5% before falling back again to be down around 8-%. As usual, total share price manipulation by the big money guys. Perhaps someone else on the board can offer an alternative explanation for the rollercoaster ride today?
Thanks for your post, Star17.
Thanks for your post, Star17
Hi, does anyone know when the quarterly results are actually released? Hargreaves Lansdown have 2 dates - 28th April and 4th May! Thanks.
The US oil rig count continues to fall off a cliff so I think that the supply is going to come into balance with demand and put a lot more upward pressure on prices in Q3 or Q4 of this year than some people are currently expecting. A lot of bankruptcies are happening in the high cost high debt industry in the US and that supply won't come back. Also, I've read that after year 1, the supply coming out of each shale source in the US falls off after year 1 so there is a natural death rate which is actually quite high from what I've heard. Usually, when all of the doom and gloom points one way, the truth lies elsewhere. Might be wrong of course. It's what makes investing an interesting journey.
Those predicting, or perhaps hoping for, a fall when the results are announced on 4th Feb may be disappointed. I may be wrong but the results were pre-announced recently and the shares fell by a few per cent as I recall then so the information is already known to the market. On the other hand, there may well be something new and positive in the formal results announcement which comes as a pleasant surprise, perhaps something about the dividend (who knows) so there is the potential for the price to go up on results day. Just an observation.
I would rather there was no opec meeting instead of one, like the December one, which ends with acrimony or infighting at worst or no agreement at best, the latter being pointless. Yes, a meeting before June would be great, but only if there was a real prospect of something constructive regarding the oil supply and prices coming out of it.
The apparent panic selling of today does not really fool me. Only yesterday, China announced growth figures just under 7% and everyone knew that Iran would be getting their sanctions lifted so that wasn't news today or even last week or last month. I for one am going to hold what I have (average Shell buy in price at £18) and buy as many more over the next year or longer as I can as I bought them with a 5-7 year view given the market position of the company and the dividend. As usual, the big money guys decide that they want to have fears (yet again) before then deciding that those fears have been overdone and then driving the market up again, but only after they have bought in, of course. These people manipulate and drive the market to suit themselves to the cost of the ordinary citizen. I will not be making any knee jerk reactions. We have the usual doom and gloom on all BBC stations etc. None of the fundamentals have actually changed recently. It's purely sentiment driven and the oil market will hopefully at some point this year start to come back into equilibrium. The commentary regarding Iran "flooding" the oil market all of a sudden etc etc has been simplistic. I basically don't believe any of the so called experts as they all have their own agendas. I owned bank and builders' shares during the lead up to the financial crisis and, at that time as a novice investor, sold them immediately at a big loss which would now be a huge gain if only I had held on to companies like Taylor Wimpey, for example. You live and learn.
I am a long term investor having bought in recently at the end of July when I thought that the shares were fairly low only for them to go a fair bit lower since then. My average price is £18.40 and I have been buying more shares every month around the £15-£16 level with a view to them hopefully doing a lot better in a few years' time. I'm really counting on the dividend staying at least the same so that, after about 6 years, I'll have earned about 50% in dividends plus hopefully by then a much higher share price so I'm not too unhappy at the moment. I'm 40 years old so can afford to hold them long term. I don't day trade as I'm not lucky or experienced enough! Usually I find that the right time to buy is when things look very bleak.