2partacus
30 Jun 2016
Re: Charts show great long term potential It's difficult to use TA with trusts but the SP hasn't broken the long-term down trend so it may need to retrace and put in another bottom before getting the momentum to push through but....WTFDIK
dazurtrader
30 Jun 2016
Charts show great long term potential Look at the chart since 2008. Jan 2016 was as low as the 2009 low and we are heading out of that steadily. The 5 yr chart (below) shows the peak of 2008. Only now are the 200 and 50 day moving averages turning up. Over a three - five perspective there is the potential for a trippling of the SP from now. Even if the divi drops to 5% that is a great return.
xstar
30 Jun 2016
onwards.. ..and hopefully upwards..good news..back to 300p soon? xstar.
wangbaudan
19 Apr 2016
Re: sp effectively over 250p... Your 14p is payable on 6/5/16. Click on analysis above, then fundamentals and then go to bottom of page.
xstar
19 Apr 2016
sp effectively over 250p... ..if I am correct in thinking that BRWM holders are due 14p dividend payable soon,and that this has been factored in for a while.I'll hold and wait rather than reinvest the dividend,as taking cash out of SIPP is top prioritythis year,and I am overweight in these, to say the least.Looking for at least 500p for selling all of my BRWM...hopefully in the next couple of years.Regards from xstar
le vin est par
07 Mar 2016
Re: Share price rise/Brexit In my case IN is good for my family as my daughter is at university in the Netherlands and is keen to live and work there or in Germany after graduating. I am her proxy and her vote is resolutely IN. However, she is aware that I am highly likely to vote OUT and the more unsubstantiated claims that I hear the more it reinforces my opinion. Neither choice has a monopoly on "right", there are pros and cons to both but to state that only the consequences of OUT are unknown is shocking. As the outcome is binary the government should have publishable views on both, including the unknowns of IN like Turkey joining the EU.
wangbaudan
07 Mar 2016
Re: Share price rise/Brexit I believe I already gave my opinion on uncertainty-based market turbulence. But perhaps you might like to give your view!
Carefully Does It
07 Mar 2016
Re: Share price rise/Brexit If no one has a handle on whether good or bad idea - how do you know the outcome IN will be good for your family?
Carefully Does It
04 Mar 2016
Re: Share price rise/Brexit Does that make all voting purely for monetary reasons a bunch of wh@res.
wangbaudan
04 Mar 2016
Re: Share price rise/Brexit Well it goes xd on 24/3 paying 14p on 6/5. Not sure I am too pleased about that and wish they had cut it a bit. Takes about 6% off the value of the trust while still about 12% below NAV
Hardboy
04 Mar 2016
Re: Share price rise/Brexit Spartacus:"Do you have a link for the results / divi information?"You can do it all on iii. If you go to the news tab, and go back a few days, you'll see an RNS titled, "Final results." This gives the results including outlook, dividend dates, explanation of future dividends etc. If you just want a quick snapshot (Not always up to date, but just checked and surprisingly the dividend info is, but the results aren't,) Click the Analysis Tab, select fundamentals. This gives a summary of the last 6 or 7 years results, and at the bottom is all the dividend info, including a nice graphical representation of past pay outs. Good luck.My view - for what it's worth - is that we're not far off the bottom as far as share price goes (or certainly were about 6 weeks ago.) I very much doubt it is going to be plain onward & upward sailing from here, but taking a 3 - 5 year view I expect the share price to be quite a lot higher; so depending on your time frames it may be worth continuing to reinvest dividends. I'm not sure when they confirm what they are going to pay next time that the share price will fall, as markets are now expecting a reduced dividend, so unless it is cut by more than the likes of BHP & Rio, then I doubt the share price will be affected too much. In fact the opposite could be true, if they do not cut it as much as expected it might give the sp a boost. They go into quite a bit of detail in the results about how the dividend is funded, which I must re read, as I did not follow it exactly, but it seems some sources of income will not be affected so the dividend may not suffer quite as badly as the leading miner shares have been.
wangbaudan
04 Mar 2016
Re: Share price rise/Brexit Hardboy,"a Brexit would spell large scale turmoil for equity markets, which I suspect would hit every sector; so I would have thought a Brexit vote would be bad for the share price. "Couldn't agree more. I despise Brussels and the EU and its incompetence. I cannot think of a single reason to stay in apart from this one. There will be turmoil in the markets leading up to the referendum if a Brexit looks likely and this will become much worse with the uncertainty following an "out" vote and which will continue IMHO for quite some while until many many arrangements shake themselves out.I am ashamed to say therefore that, much of my income being equities-based, I shall be voting with Dave and the treacherous Hollande.
Ru 8746
03 Mar 2016
Re: Share price rise/Brexit I wouldn't place that large a bet on prices falling much on many of the dividend cuts coming. Mr Market knows several dividends are unsustainable, so there's always a chance of some relief rallies when boards finally admit it...
2partacus
03 Mar 2016
Re: Share price rise/Brexit Hi...Do you have a link for the results / divi information?I am a little unsure of what action to take regarding divi's. Normally I automatically re-invest but with this and other direct holdings likely to reduce their future divi payments not sure whether to hold on to the cash and purchase shares after they announce the divi reduction (which should cause a reduction in SP).
Hardboy
02 Mar 2016
Re: Share price rise/Brexit DL,Good post. I agree with it all. I think the fact that all significant miners have now cut production and costs; and places where stockpiles of minerals were held are beginning to eat into them suggests we are near the bottom of dip for the mining businesses. As you say share prices lead the markets, so it could be this recent rally in share prices is a sign that things will be picking up in the next few months. As for Brexit. I see no benefit to the mining sector if the Out campaign win (except that world markets for minerals are costed in $ and if GB votes to leave the EU £ would tumble; so in £ terms things may look better. But on the whole a Brexit would spell large scale turmoil for equity markets, which I suspect would hit every sector; so I would have thought a Brexit vote would be bad for the share price. Interesting to see BRWMIT sneaking their final results out at a stupid time (and not announced in advance as far as I can see.) Pleasantly surprised they held the dividend for this year, but they do warn it will be cut next year. (It may still be a good yield at these prices though.)
