Anglo Asian Mining Share Discussion Threads

[puntogt] 10/10/2018 19:24

Interesting write up about dividends...
www.businessinsider.com/warren-buffett-on-dividends-2013-3?IR=T

[wanobi] 10/10/2018 19:08

interesting, markets selling off, heading to a correction I believe and no flight to gold....... what's happening guys? cheers Wan

[klosters65] 10/10/2018 19:01

Bailed out. Dividends have been paid into my account. Don't you just love this company. Thanks Mattjos.

[brasso3] 10/10/2018 18:54

If this is people selling to avoid dividend tax and being noticed then I would expect the reversal tomorrow.

[2sporrans] 10/10/2018 18:09

Italian Politicos are largely farting.

Italy is prisoner of bond markets.
I'll admit to not having check the stats. recently but the G bond debt is well over 1 yr GDP; it's 3rd largest in world after US, Jap.

From memory, the av. maturity date for Ital. G Bonds is ~4years; so maybe 30% of GDP worth of G bonds need to be rolled over, ie renewed every year.

What's it going to do to the BILL if say the ital 10 year goes to 4% and the rest of the curve pro-rata. ?

Its all fart and fudge.
Some compromise will emerge at last moment.

Like NAFTA.
What has really changed?
Not a lot.

Brexit looks like anothe r fudge coming; protract the process to accomodate.

North Korea.
If the beloved leader ends up with a S. Kor investment binge - prob largely in its decrepit infrastrcture, he'll happily tone down on the nukes programme; for which Trump will take credit and Xi too, for his audience.
A NK strike on USA?
B. leader may be a psycopathic egoist, propped up by military cabal but neither is devoid of intelligence nor suicidal.

[wanobi] 10/10/2018 18:06

I'm no expert,,, as hopefully you all know by now (conspiracy theories to one side) but unless some large sells are reported late, tomorrow am... surely this is just MM's messing around today, the volumes just don't seem to be large enough to have caused this in my amateur opinion and please don't think I'm kidding myself to justify buying more AAZ today.... It seems too coincidental that the price is dropped big time on the last day to qualify for a divi and all that reporting stuff you guys keep going on about!! who knows, time will tell.... :-)

thanks to all who viewed and posted on my little old thread today,,, cheers all, Wan

[laurence llewelyn binliner] 10/10/2018 18:06

#terropol, the beauty of, and rewards of spending a decade and more building up your ISA pot.., limitless tax free dividends, and CGT free too if you ever sell..

For now anyhow.., but each budget is clamping down progressively on dividends.. :o(..

[macmuck] 10/10/2018 18:00

Well Cinoib, Radio 4 were banging on about an imminent global crash again this morning as I woke!

[2sporrans] 10/10/2018 17:45

That's plausible Bozzy; 32% divi tax [on margin] for some.

Then again, does 'saving' less than 1p by this trade, on basis of ~2.5p 'pro-rata' price drop justify the risks? + there's always the spread; usually >1p.

What if a lot of limit trades are placed at say 64p to buy [including some of same guys]?
But yes, downward momentum may feed on itself.
Rather anticipating it will, for a short while.

[panic investor] 10/10/2018 17:41

The world is taking a breather because Italy are about to screw the markets by jeopardising the German banks

[lefrene] 10/10/2018 17:40

If the market is taking a breather then I would guess there will be a fresh search for real value, anyone would think this was still a fiscally risky stock. Would I rather have money in this or a highly rated tech stock, for me it's no contest, I see real value here.

[callmebwana] 10/10/2018 17:31

Mpearson, my apologies,fat finger !! The amount was 7,107 shares,@ 65.9 P.
Trade was executed at 16;22:15.

[bozzy_s] 10/10/2018 17:26

As discussed earlier on this thread, could be some investors not wanting the dividend income (and associated tax charge) at the moment? Sell today, buy tomorrow in theory at 2.2p less. Market sentiment doing them a favour - looks like it'll be down more than 2.2p at some stage tomorrow.

[2sporrans] 10/10/2018 17:22

On the equity sell off:

Looks like the 'risk-off' mood that's increasingly weighed down on 'EM' [strong $], Asian [China] and Europe [moribund + Italian debt/deficit] all year has caught up with the US the past week.
The Tech. sector been selling for a while there; today another kick in the knackers for cult FANG stocks.

Something that may be ascribed to sell off but looks a false flag to me is rising bond yields in US. What little has been at the long end should be a relief to equity mrkt really, as alleviated the yield curve flattening a tad and really an indicator of healthy growth in US economy [notwithstanding it's unsustainable off 1-off tax cuts and all the 'macro' probs brewing].

Where's the wage-consumer led inflation anyway?
Increasingly, the concern looks to be slower global growth and a dis-inflationary situation.

Also, there's a ridiculous torrent of jawboning from the Trump admin. ; posturing for 'mid-term' election...

One example is Mnunchin's [the one with a face resembling a shaven Capibara] warnings to China wrt currency manipulation; i.e. yuan depreciation v $.
He knows full fine well that
a. The yuan depreciation is largely down to US tariff war escalation.
b. The Chinese are bricking themselves the yuan doesn't drop rapidly or far from here, precipitating [redolent of 2015-16] a large/panic capital outflow, in tandem with a stock/property market collapse.
They are acting to support yuan and will do more if it falls further.

Another example is Trump bleating to Saudis to pump more [which they + Russkies + few others that can are doing anyway] as crude prices rise, when the Iran sanctions explain much, if not most of the recent surge.
[But note the hushed talk of going easier on the Iranian crude supply.]

Take the Politico noise everywhere with huge pinches of salt.

Focus on the Earnings now coming out and the Co. forecasts especially.

[mpearson] 10/10/2018 17:09

calle ,did you mean 7107 ?? I had 7500 showing as sell .

[callmebwana] 10/10/2018 16:54

7107 Shares @65.90 P.for me. My last top up,I am becoming overweight with AAZ in my portfolio.
GLA.

[thechurch333] 10/10/2018 16:37

More for me at 65.999999p. Sadly no holding RNS from me just yet...

[2sporrans] 10/10/2018 16:35

a final 5k for 65.9p.

Won't be surprised if the price drops to low 60s tomorrow after the mark down.
Some panicking herd watching the down momentum in the share price

Cash is there.

[celeritas] 10/10/2018 16:28

Italy isn't helping but it should help gold if it goes wrong.

[sh0wmethemoney] 10/10/2018 16:27

Had a top up at 66.9

[celeritas] 10/10/2018 16:27

Some for me, we should maybe see an holdings rns within a week or so.
I thought this might happen on the last day but with the mkt in free fall today its not easy to see.

[cinoib] 10/10/2018 16:22

Not sure what's going on, but looks like a fire sale for the whole market as there's a lot of red on my screen and most of mine are off at least 7% and Dow current down 324,must be a bomb scare some where.

[friendzarin] 10/10/2018 16:12

Never been to a Harrods sale before so bought a few more here just now instead.