|trekker60: CWA1: Agree. From what I recall from previous posts by others better placed than me, the Pokerstars contract issue was one of the few significant 'known unknowns' hanging over Manx.
So far, so good then. This one seems to be doing pretty much what I originally bought it for (at £1.62) as a long-term ISA account hold 16 months ago - steady performance, bit of share price growth and decent income/yield. Long may it continue! |
|trekker60: As far as I can see, this one seems to be doing pretty much what I originally bought it for (at £1.62) as a long-term hold 12 months ago - steady performance, bit of share price growth and decent income/yield. Anyone have any information/views to the contrary - or the same, come to that? |
|trekker60: I'm not an expert at reading financial statements but from what I can glean from today's statement, so far, so good. Bought this earlier this year at 1.64 as a potential core ISA account holding on hopes of a regular good dividend plus a little capital growth. If the proposed final dividend materialises, that would give me around a 6% yield for the first year. Add to that a 5% increase in share price (as of today, anyway) since I bought and that would be around 11% annual return.
If the share achieved that every year, it would definitely being doing its job for me.
Nothing is guaranteed of course. There's the known 'unknown' regarding whether major data centre customer Pokerstars will leave or, as Manx indicates/hopes in its latest results statement, even expands its presence. Then there's all the unknown 'unknowns'. But in the current market climate, this seems as reasonable bet for steady performance as anything else. |
|trekker60: Mike Stamp:I am not alone !!
I wouldn't worry too much even if you were! In my experience, a very active BB often means a volatile share price with hoards of rampers and derampers trying to sway the market.
I've bought a few shares in this one for my ISA as a potential long-term hold based almost entirely on dividend prospects, with any share price increase a welcome bonus. So I'm happy to see the price remain stable and eventually nudge upwards - which if we're lucky, might even happen sooner rather than later if the steady buying of recent days continues. |
|trekker60: Appears to have been a bit of buying post-results - apparently 128,000 bought v 7,000 sold if LSE figures are what they seem - which is encouraging.
Also, maybe the Mail on Sunday will revisit its tip earlier this year (at around 1.61 if I remember correctly)to give itself a pat on the back - and maybe give the share price another little nudge.
But before the spectacles get too rose-tinted, a couple of posters earlier this year did express some concerns about the company's gearing and debt levels. Anyone got any thoughts on whether that is still a potential issue - or any other concerns/notes of caution, other than the already documented Pokerstars situation? |
|aleman: AGM today. No news (yet) but it's nice to see the share price run up close to the target I set when looking a the chart a few weeks back. |
|aleman: The lack of history makes charting with this one less certain (not that it ever is by any means) but the share price look set for 175p or 155p in the near future, probably in the run up to or on the back of the agm at the end of the month..
Which free stock charts from uk.advfn.com |