Fresnillo Share Discussion Threads

[zicopele] 22/4/2021 15:44

Maybe people are annoyed with this mornings debacle. I know I was.

Just bought a few more. That is it for me

[imastu pidgitaswell] 22/4/2021 15:36

So looks like the bottom caught - but at what cost?

POLY off to the moon (and rightly so), but now have 3000 fewer of those and the funds put in here. Still have 25,000 or so. My choice, but I really don't like FRES...

[imastu pidgitaswell] 22/4/2021 14:58

Ditto - but that's it for now.

(Can it go any lower - somebody made a mistake, bit of an overreaction...)

Hopefully nice to take advantage

[rediffusion] 22/4/2021 14:53

And some more, thank you

[zicopele] 22/4/2021 13:50

The dividend issue was sloppy. This is a FTSE100 company making over $1bn EBITDA.

There should be no confusion. Fres is not an AIM stock.

[imastu pidgitaswell] 22/4/2021 13:35

And again. Switch from POLY. Probably not a good idea - and not a recommendation...

[zicopele] 22/4/2021 12:30

Yes ..just .bought a few more myself.

[rediffusion] 22/4/2021 12:29

Grabbed a few at 894. Maybe dips a bit more but silver is looking perky

[zicopele] 22/4/2021 11:56

One interesting indicator is the price of MAG silver which is doing just fine. MAG is Fresnillo's partner in Juanicipio.

[plat hunter] 22/4/2021 11:19

Trader wrong again... #FRES3000


Plat Hunter21 Apr '21 - 13:29 - 13038 of 13064 Edit
0 0 0
Back down to the 8's Trader, another opportunity to trade around you position.

[zicopele] 22/4/2021 10:36

I worked with a guy. His nickname was tomorrow. Everything would be completed tomorrow.

[trader536] 22/4/2021 10:27

Kenny the clown - look at the long-term silver price and do some homework...

[kennyp52] 22/4/2021 10:12

Messy and diving .. shambles ... where is this 2,000p coming from trader536 ? Time line ?

[wallywoo] 22/4/2021 09:57

Great value here again. Ok the dividend is delayed a few weeks, who cares. The silver price is 25 percent higher than the average price received last year, so fres is making more money than ever.Great buy and hold with most of the market looking expensive IMO. Topped up just now.

[zicopele] 22/4/2021 09:38

Steddy was ramping NMC? Oh dear.

How did you lose a billion dollars? Slowly at first and then suddenly.

[imastu pidgitaswell] 22/4/2021 09:28

Yes, I think our mate stdy remembers those. If you remember I had to go back over 100 pages to find anything that wasn't about KIE. And it was NMC - ramping.

Oh dear..


Thanks DiggyBee - makes sense. Wot a farce.

[zicopele] 22/4/2021 09:15

Remember NMC guys? What a fiasco that was. Muddy waters hit the jackpot with his analysis.

[diggybee] 22/4/2021 09:14

It's trading XD

[imastu pidgitaswell] 22/4/2021 09:05

Well I don't know. I hope it has been and gone, down 2% as it is - which is about the dividend.

Or maybe the market is just giving them a kicking for being blindingly incompetent.

[plunger2] 22/4/2021 09:03

Does this thing settle on T+2 - I can't remember. If so trades today would be settled on Monday after the record date Hence we would be trading Ex-div now?

Somebody must know!!

[plunger2] 22/4/2021 08:57

Agreed - you couldn't make a bigger shambles out of the whole thing.
Do they not have advisers?

[imastu pidgitaswell] 22/4/2021 08:43

So I'm now thoroughly confused.

Ex div date is not May, it is still April?

And when they do start trading without the dividend - is it tomorrow?

And payment date is 30 June?