JMS 1.75% 29.0¢ jupiter mines limited.

Ann: Tshipi Declares R2.0 billion Dividend, page-34

  1. 986 Posts.
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    Hi

    Are you saying that the 'big boys' ( I assume you mean funds) are waiting for the price to go up before buying? (only joking)
    I hold this like others for the income from dividends and as such I am not obsessed with the sp going up. If I add in the future it suits me to do so at 35-40c rather than 50c as I get more shares and hence more dividends for my investment. I don't intend to sell mine any time soon so I am uninterested in looking for the price to rise and I dont think it will past 40c. It has only breached 40c for 2 days since it floated.

    I agree with random that income funds will be more interested in this. Brian G described the company as boring recently meaning the model will not change and JMS will stay with 1 egg in slightly less than half a basket.
    I am very happy with the performance of Tshipi and long may that continue. Feel free to have a different opinion to me but I just dont see any reason for the sp to suddenly spike upwards.
 
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