Wentworth Resources Share Discussion Threads

[sunbed44] 09/11/2021 12:54

And were in a friendlier jurisdiction than DEC as well. I dont see 8% divi though. 1.55p/22p = 7.045%

[brucie5] 09/11/2021 12:49

I guess its doing a DEC. Granted, O&G is going to be a long term legacy business, those that are performing vital functions, in this case, keeping the lights on in Tanzania while enabling the country to develop without resorting to more bad coal... will not go away just yet.

[sunbed44] 09/11/2021 11:25

I dont understand it mate unless there is some bad news out that I cant find. I'm here predominantly for the excellent dividend but its also nice to see your capital do well as well but im underwater at the moment.

[brucie5] 09/11/2021 10:01

Gosh, what's happening here?
Over 8% dividend.

[loglorry1] 04/11/2021 08:28

Big yawn. No need for a top COO when you are doing nothing but sit on a non-operated asset, hoarding cash and spending a fortune on G&A.

[sunbed44] 20/10/2021 15:30

Very low volumes here but nearly always more buys than sells. Tick up coming soon I would suspect. Predominantly in this for a 7% dividend. Hope they can maintain it and may be get a bit of capital growth as well.

[sunbed44] 14/10/2021 10:51

8 DEC3 JSE7 JOG2 PTAL1 SAVE9 SEPL6 TXP5 WEN4 ZPHRAll blue whoop whoop

[loglorry1] 13/10/2021 12:52

The spread is terrible at the moment. Most online broker deal on the RSP which is currently 23-25p. YOu can put a limit order in though and hope that the broker puts that in the auction and someone matches you. Most cheap online brokers don't give you access to auctions however. Yes it is a totla rip off.

Trades printing well above 25p today.

[erikbloodaxe] 13/10/2021 12:48

WEN Bid-Ask 23.00p-26.00p today. Is 3p (13%) fair? it was 2p yesterday. Is the broker ripping us off? Why is the spread so large? Can WEN do anything about it to make the spread more fair?

[sunbed44] 12/10/2021 20:51

Restructured PF a bit over recent times to be and listed in order of my favs:-8 DEC3 JSE7 JOG2 PTAL1 SAVE9 SEPL6 TXP5 WEN4 ZPHRWish me luck!

[drdre] 08/10/2021 08:04

Dividend day today IIRC?

[erikbloodaxe] 07/10/2021 21:12

Dear SEV22
Thanks for the link tothe technical indicators. I'm not experienced at analysing the technicals on the oscillator shown. Please can you tell me what is the optimum period that is the most important? For any share, it can move from strong sell to strong buy over the period of 1min to month

[sev22] 07/10/2021 14:48

The technical indicators are looking very strong:

[sunbed44] 07/10/2021 13:27

Got em but had to pay 23.5p. Shame really but half a penny neither here nor there in the medium to long term. Good luck all.

[sunbed44] 07/10/2021 13:23

So frustrating cant get any with Halifax. Just submitted an order for another 25k with limit buy price of 24p. Here is hoping fingers crossed.

[sev22] 07/10/2021 08:21

10 value stocks for contrarian investors.

Could we see a swing back to value investing in the remainder of 2021? Stockopedia’s Ben Hobson shares his latest research (6th October 2021).

High-quality shares have been in the ascendancy over the past 18 months. Against the backdrop of an unsettled economy, investors have swooned over strong, financially resilient firms, which is exactly what you’d expect. But as we enter the final quarter of the year, the expensive valuations of some of those quality stocks could be the trigger for value investing strategies to bounce back.

Value investing - the part-art, part-science endeavour of buying shares that are mispriced in the market - has had a hard time since the financial crisis.

Prevailing conditions have favoured growth at the expense of value. For sure, there have been moments when value shined, but for the most part it has been difficult for contrarians.

Yet things might be poised to change. Bullish market conditions have flattened off since the summer. And now there’s a sense that value could be well placed to deliver stronger returns in the months ahead.

Strategy-wise, we’re starting to see increasing numbers of shares passing the rules of value hunters. One of those strategies is based on the approach of the revered US value investor Bill Miller.

Miller made his name as the chairman and lead investor at Legg Mason Capital Management. Between 1991 and 2005, he guided the Legg Mason Value Trust to a record 15 consecutive years of beating the S&P 500. But by the late 2000s, value was out of favour again and Miller really suffered as a result.

Today, the billionaire investor is back to his best and still active in the market using his value philosophy at his own firm. A strategy tracked by Stockopedia based on Miller’s approach has seen a theoretical 62% gain over the past year, versus 19% from the FTSE 100.

That strategy has some interesting features. For a start, it uses the price/earnings to growth rate (or PEG), to look for stocks that offer “cheap growth”. It also looks for solid free cashflow (FCF), and evidence that the free cashflow is growing. Sales should also be growing over time and debt to assets should be below average. So this strategy is very much focused on finding good quality features in stocks that may be underpriced.

Miller once wrote: "We are value investors because we are persuaded of the logic of buying shares of businesses when others want to sell them, and we understand that lower prices today mean higher future rates of return, and high prices today mean lower future rates of return."

Here are 10 stocks that currently pass those rules:

Norcross

Morgan Sindall Group

Ferrexpo

Vertu Motors

Royal Mail

Sainsbury (J)

Sylvania Platinum Ltd

Go-Ahead Group (The)

OPG Power Ventures

Wentworth Resources


Miller’s approach focuses on finding mispricing. Even if the stock in question has high valuation ratios, his main question is whether the market has got the price wrong. This list includes a number of shares that have performed well in the market over the past year but may still be cheap against these rules. They range from large-caps such as J Sainsbury and Royal Mail right through to small-caps such as Wentworth Resources, OPG Power Ventures and Vertu Motors.

For investors, the current transition from Covid-inspired economic uncertainty to supply chain concerns, inflationary pressures, and a slowdown in China all add to a melting pot of tensions in the stock market. It seems that in these conditions, value investing strategies could start to play a more influential role. While quality remains a very important factor to consider when picking shares, hunting down mispricings could also be rewarding in the months ahead.

[sunbed44] 04/10/2021 22:46

Thanks, I'm in this for the 6.8% progressive dividend and any capital growth on top of that would be very welcome.

[sunbed44] 03/10/2021 18:39

Yeah I was just posting as sentiment will probably get even stronger in the O&G sector and will prove to be very good for certain companies.

[loglorry1] 03/10/2021 09:41

Wen sell gas on fixed price tarrif. No upsise for us I'm afraid.

[sunbed44] 02/10/2021 21:40

Financial Times: The natural gas crunch hitting the UK and Europe is likely to intensify after China ordered state-backed companies to secure energy supplies no matter the cost.

[sunbed44] 21/9/2021 17:22

OPEC Secretary General yesterday at the World gastech event'The world will continue to consume energy. In our forecast to 2045, we project that demand for energy will grow by 28%, and oil (28%) and gas (25-26%) will remain the dominant source of energy in the global energy basket to 2045.'

[gary1966] 15/9/2021 10:59

Yep picked up just over 5k shares for my daughters ISA this morning as well.