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The chat thing works. It stops us from having mental breakdowns at a time like this.
But, amin, many of us agree with him. No doubt we may be in for a rough ride as it is a small company in AIM, but equally no doubt in my belief that it will recover to better than where it was.
Strange to think that once upon a time this was my biggest shareholding.
Ecstatic. Just look on your purchases as a donation to a good cause.
@0777brad What I meant was that when I get a small amount of dividend cash in each of my accounts (SIPP, ISA, dealing - all with the same provider) and I think TGA is the best place to put that money, I cannot merge it to make one decent purchase, but have to buy 3 times. So while I have added up 17 contract notes it does not mean I have been buying every fortnight!
As to price, I have no quantified expectations or targets. I shall hold as long as I think it will give a decent return (with a degree of safety) that I don't see elsewhere. I certainly expect to see £25 in today's money in a couple of years - which will be £33 by then - and this is my biggest holding.
Assuming you are linux user, with your chmod handle, 0750 may be better for financial stuff!
195 is an entry to be envied. I first bought at 310 and my last buy was at 1343 so I am 10% down on that decision. Nevertheless, it is for the long term, and my 17 purchases have averaged 679, so I am not complaining. Not 17 occasions - some of those were necessitated by lack availability in the quantity needed, and the fact that money has appeared piecemeal in various places and you cannot mix SIPP, ISA, and dealing accounts. That is a real bind, you should be able to cross-feed on an IOU basis!
Would I sell at £25? Probably not. Inflation would make that 1250 in today's money.
Yes, I have long had the shares, but cosmetics were a minor part of a decent pharmaceutical company and hence tolerated. They should have taken the Unilever money and run - and run more effectively as a result. Now they are incurring large costs and (had I not today sold my sensodyne shares) were attempting to offload their error on me. Good luck all who remain. I pulled out of Aviva a couple of months back when they started their financial manipulations on the shareholders, and, looking now, have not regretted it.
I sold all my holdings on 11/4 (as I said here at the time) for 426 ex.div. as I thought the proposed malarkey was dubious. Looking to buy back in now it was settled, expecting the price to have gone up 20% or so (wasn't that the purpose?) but it seems to have fared even worse that I feared. I shall remain elsewhere.
I don't want shares in toothpaste. I have long held GSK but I think now the time has come for me to split. I can't see how all of these complications help anyone other than directors and advisors, and how a shareholder benefits is beyond me. When the new GSK has stabilised I expect to buy back in.
Good to have "our man in SA" showing confidence in the resolution of transportation problems. I am sure many in Europe are heavily worried about SA lawlessness and corruption, and that is dragging back the potential share price.
I blame RMT. They will probably not let the train go until next month.
I see no train, and it cannot be live anyway. Lousy quality. But I am looking a couple of valleys or 3 minutes to the West, up Alum Creek road. At 37.579778646583144, -81.99406633872718 , or 37°34'56.81"N 81°59'27.88"W
I didn't think a third HWM was to be found anywhere, but I may be wrong.
Maybe that if a deep recession comes, iron demand will drop, but that does not seem to be the case at the moment. Price has already dropped significantly so I topped up today from other dividends. Pointless talking about % dividend if you ignore % price movement, and if it drops to 4400 again as late last year, that wipes out 2 years worth of dividends. I am happy with the risk.
Mine has arrived (less 20%) this morning.
I think maybe we are being more than slightly optimistic here. P/E of 12 seems very fanciful when there are large profitable established miners with a P/E of 5 or 6. A recession will soon start the sale price dropping. Another factor is that 57 million other investors disagree, as they are not buying, and who is to say they are wrong? I am heavily in, but maybe my glasses are less tinted.
I just paid 79.895 - that's 80p
If you are a pensioner who lives on his share investments, and a ben-believer, what is the maximum percentage of your total holding would you put in one company?