Member Info for Wolfbag2

At these prices I am prepared to go ALL IN !

Think it was mentioned earlier - but my rather simplistic take, in summary, I think that FXPO has had an exceptional run - unfortunately their production levels were actually DOWN and the financial results reflect the extremely high prices for ore that they were receiving.

Further there appear to be worries about China and their future requirements which affects the price of metals. Additionally the "good results" were probably already "baked in" - ie however good they were - they didnt live up to market expectations!

The Divi IMHO is a separate matter - the price will plunge by a corresponding amount when the share goes Ex

Mostly my take and IMHO

35% smudge

https://www.companyformationswitzerland.com/dividend-tax-in-switzerland#:~:text=The%20dividend%20tax%20is%20part%20of%20the%20Swiss,shareholder%20must%20declare%20the%20dividend%20as%20income%20tax.

Investing 101

Max out your ISA allowance !!! - whether that be SAR or any investments in general it really is a no-brainer !!!

https://simplywall.st/stocks/gb/pharmaceuticals-biotech/aim-sar/sareum-holdings-shares#ownership

Top 25 shareholders own 55.72% of the company
Ownership Name Shares Current Value Change % Portfolio %
12.05%
HBOS Investment Fund Managers Limited 402,330,641 £34.4m 1.54% 0.3%
8.26%
Barclays Bank PLC, Wealth and Investment Management Division 275,903,697 £23.6m -3.32% 0.24%
4.01%
HSBC Global Asset Management (UK) Limited 133,837,376 £11.4m -0.21% 0.01%
3.83%
A J Bell Holdings Limited, Asset Management Arm 127,981,795 £10.9m 14.34% 0.13%
3.09%
KBC Asset Management NV 103,252,806 £8.8m 10.51% 0.03%
2.94%
Bank Julius Bär & Co Ltd., Asset Management Arm 98,315,000 £8.4m 6.34% 0.04%
2.84%
Equiniti Group Limited, Asset Management Arm 94,723,269 £8.1m 3.76% 0.12%
2.41%
BNP Paribas, Private & Investment Banking Investments 80,350,000 £6.9m 5.52% 0.08%
2.23%
Thesis Asset Management Limited 74,500,000 £6.4m 0% 9.04%
2.14%
Jarvis Securities plc, Asset Management Arm 71,511,711 £6.1m -16.93% 0.29%
1.87%
Deutsche Bank, Private Banking and Investment Banking Investments 62,500,000 £5.3m 0% 0.01%
1.55%
John Reader 51,625,385 £4.4m 0% no data
1.51%
Tim Mitchell 50,476,073 £4.3m 0% no data
1.11%
Charles Stanley & Co. Ltd, Asset Management Arm 36,956,775 £3.2m 31.61% 0.02%
0.85%
Embark Group Limited 28,405,019 £2.4m 0% no data
0.78%
W H Ireland Group plc, Asset Management Arm 26,141,978 £2.2m -6.84% 1.16%
0.75%
IG Group Holdings Plc, Asset Management Arm 24,883,730 £2.1m 25.15% 0.19%
0.65%
UBS Asset Management 21,699,829 £1.9m 20.18% no data
0.54%
Integrated Financial Arrangements plc, Asset Management Arm 18,165,919 £1.6m 17.61% 0.06%
0.46%
Lockwood Advisors, Inc. 15,349,900 £1.3m -5.05% 0.02%
0.41%
Redmayne Bentley LLP, Asset Management Arm 13,791,489 £1.2m 149.79% 0.15%
0.41%
Royal Bank of Canada, Banking & Securities Investments 13,600,000 £1.2m 0.74% no data
0.37%
Brooks Macdonald Asset Management (International) Limited 12,250,000 £1.0m 0% 1.13%
0.33%
Banque Internationale a Luxembourg SA, Asset Management Arm 11,000,000 £940.5k 0% 0.31%
0.33%
Davy Asset Management Limited 11,000,000 £940.5k 57.14% 0.05%

correction Accustem worth around 25p/share

Saints - it really depends on a number of things and the question isn't as simple as it seems

Broadly speaking it is going to depend on your own personal circumstances but depends on

i) how much your Accustem shares are actually worth ( I think they are about 0.25pence/share) so do the math
ii) whether you have US and/or UK shareholdings

If your shareholding in Accustem is worth around £700 or less - it will probably be simply best to get HSBC to sell your shares and credit your HSBC account with the proceeds (indeed this may or may not be their default option if you do nothing ! - I suggest you find out what they propose to do if you indeed "do nothing") - be aware that a number of brokers aren't planning on trading Accustem shares in one or both markets at this time anyway - indeed Trading212 took the easy option with my US allocation there and simply sold them at the earliest opportunity and credited my account - this is likely to be the case with many of the cheap trading brokerages

If your shares are of minimal value then you may ultimately incur dealing charges which will means that it may not really be worth the hassle of holding on to them

I'd probably try to get HSBC to recommend a broker but I doubt they will actually do this ! and also see if they are able to SELL your shares

Please dont take this as financial advice - DYOR - wish you the best whatever decision you make !

Certainly a great backbone for any portfolio - buy and forget :P

I think he meant "both" as in

1 to advance SDC-1801 into clinical development in autoimmune diseases, including the immune overreaction to Covid-19 and other viral infections,
and
2 to progress the preclinical development of our second TYK2/JAK1 inhibitor SDC-1802 against cancers."

Full link

https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:91ae95fb-4b83-4b8e-afa6-a59f4b7a4b4b#pageNum=4

I have no idea how this process will work - I see it one of two ways
1. Croft Nominees act in the same way as HL (ie as MY nominee) and they deal direct with me and set an account in my name
or most likely IMO
2. Croft Nominees act as nominee of my nominee (in my case HL) - holding the shares so there's absolutely no possibility of premature sale - they hold all allocation details as received in a sort of stasis - and forward notifications to HL in 9 months - getting a handsome payment for their pains

I don't see any reason that my broker can't indicate on my account of my share-holding at NIL value - we already know we are getting 1 for 2.98 and it would certainly give me peace of mind that my broker is aware - doesn't mean they will !

As for Trading212 - I'm pretty sure they gonna sell on 1st day they can trade them and credit to me about a month later - again that may change.

Either way - it is not my broker who will initially receive any notification from CREST - it will be the nominee (ie CROFT) who will be presumably be performing to instructions provided by OO

Hmmm Croft Nominees, not heard of them before - finally found this little gem

Croft Nominees Limited is a dormant company incorporated on 13 August 1984 with the registered office located in London, City of London. Croft Nominees Limited has been running for 36 years. There are currently 6 active directors and 1 active secretary according to the latest confirmation statement submitted on 20th October 2020.

DORMANT - wtf ?! - All six current directors are solicitors - what can I read into this ?

nominee /n?m?'ni?/ noun
1. a person who is nominated as a candidate for election or for an honour or award: "an Oscar nominee"
2. a person or company, not the owner, in whose name a stock, bond, or company is registered: "an offshore nominee company" (courtesy Oxford Dictionaries)

https://suite.endole.co.uk/insight/company/01840423-croft-nominees-limited

Dare I say we gonna need some good luck getting our share's back off of those guys after nine months ??? :P

and a 6
Look carefully....turn the number 6 upside down.....
And it's a 9!
smoke and mirrors ?!

I hold a HL trading account - costs me 11.95/5.95 to do each trade - that's where my serious savings are

I also dabble with a "play" account with Trading212 - its real money but there's no Commission - they make their money on the spread (which consequently is a little on the high side) - the MINIMUM that I can buy (in OO) is 6 shares - additionally there's no stamp duty on OO - I'm sure there's other brokers with lower limits and I am sure others are doing similar and can buy similar and lesser quantities on different platforms.

I own up to FOUR of the 6 share trades today

Hope this helps with some of the MM conspiracy theories ?!

Can't help thinking that this is a bit of a gold-rush share - small Mcap - no institutional investors - no news - figure all the speculators are either playing with shares with more immediate prospects - or that covid freedom has led to less speculative gambling because people have found better things to do - or that investors genuinely getting fed up with the wait

Interest on this share is only going to turn on news now - although that has previously been the case - it's even more so now - steady downward trend for now - just how low will it go ? - if (or when !) any sort of decent news hits then it's obviously going to rocket

Me . . . . still invested . . . . GLALTH

When and if indeed - I am a big fan of top-slicing - having got into Sareum as a gamble £1600 at 0.6p and seen it multiply ten fold - I top-sliced at 5.4p (around£4500 ) initially watching the sp retreat before returning to its 9.5p high - I have seen similar before - a sure fire thing that's going to make a million (NCYT/OMI/SNG/AVCT) where I have been fortunate enough to ride the wave and (mostly) getting out good by top-slicing - individuals ramping about what they are going to spend their fortune on - only to see the SP disintegrate - a top-slice and free ride is your friend :P

I liken bb's to a football supporter group - everyone has an opinion - usually relating to their team being the best thing since sliced bread (sometimes they are even right !) - anyone who raises doubts about their teams ability gets shouted down by the crowd - it's even comforting when things DO go wrong because the bb becomes a bit of a support group - with may sharing your woes at bad performance - and the occasional wise-guy telling you they knew it would all end in tears.

In relation to AIM stocks - I figure I am more a gambler than an investor - novice investors should remain aware that contrary to the majority opinion apparent on any BB - that this is NOT a sure-fire thing - much of the sp rise is on speculation - a bad RNS could kill this share in its tracks - (yes and a good one and it may multiply again) you pays your money you takes your choice

Disappointed with my decision to top-slice - yes, sort of - but I am comforted that my remaining shareholding (200,000 approx £13k) is on a free ride - even if the SP goes to zero then I am in profit - will I be disappointed to see the SP go to zero - yeah sure - but there's a point where the "gamble" becomes real-money rather than a paper gain - to me £13k is somewhat substantial - but greed has kicked in and the prospect of a quid a share, to me, would be somewhat lifechanging - nerves will no doubt kick in again when the value hits £25k and several intervals upwards - where I may well rinse and repeat.

Yeah I am still cheering for the SAR team - I hope it goes to the moon - but if by chance it doesnt - then am I actually bovvered ?

Every investor has his own agenda - do your own research ask yourself at what price you will exit, what %ge profit you would be happy to get out at TODAY - above all - GAMBLE ONLY WHAT YOU CAN AFFORD TO LOSE !

GLALTH - c'mon you SAREUM !

I make it around 30 million reported after the bell - mostly "reported" as sells - but can't be bothered to check if this is actually the case - quick Qs for the experts - I'm aware of the argument that every sell has a buy (and vice-versa) and that it may have been the case that mms simply filling orders but - 1. doesn't this majorly distort the SP -? 2. is this a form of manipulation by mm's ?

Wow - down 17% as I write - I shoulda taken it all off the table when it hit 9.4 and be thinking about buying back now - but we ALL know that NOW !

Yeah we don't all got crystal balls and know exactly what MrMarket gonna do - We are on AIM - gamble only what you can afford to lose - and enjoy the ride - I know I am !

Is it gonna DOUBLE from here or is it gonna HALVE from here? RED or BLACK ? - you pays your money you takes your choice - nobody likes a wiseguy with a "told you so" attitude

I can still hear in my head the thunder of the herds as they arrived over the past few days - and exited to the next big thing :P

This story has a long way to go yet - if you are in it - GLALTH - GLA Gamblers - GLA Investors - DYOR and dont believe anything you read on these boards !

Is it at all possible that the SP is being manipulated to such a point where Agnico and Newmont can jump in as "white knights" and hoover up all outstanding shares at a T/O pittance ?

Most likely same procedures as any normal dividend but with inherent delays for procedures - There will be a timetable announced via RNS with the full details - Court Hearings - AGMs etc - Ex-Div date (the one you are asking about) some time in the future and may not even be on that timetable as it may even be that return of equity may be by way of share-buyback or that Tek decides better places to invest rather than make a direct return