Gold mining basket companies on LSE

NoseyParkersHelper

wmb194 said:

NoseyParkersHelper said:

wmb194 said:

Works fine for me, try a different browser without blockers and things if you use them. The annual historical/trailing yield on this one is 1.45% - look in the, "portfolio characteristics" section.

Thanks! So again is the yield last years guaranteed pay out and may be more?

Dividends are never guaranteed but if you look at the companies and their payout histories you might be able to get a feel for how reliable they are but in my experience mining companies' dividends tend to be variable.

But Yields are guaranteed right?

NoseyParkersHelper

Berezny said:

One of the most prominent gold mining companies traded on the LSE is Barrick Gold (ticker: GOLD). As one of the largest gold producers globally, Barrick operates in 18 countries, providing exposure to a broad array of mining assets. The company has a history of paying dividends, supported by its profitability and operational scale. However, like many gold miners, its share price fluctuates in response to both gold prices and its operational performance.

So LSE, no good for stable long trading then?

NoseyParkersHelper

deejaybee said:

Slightly off topic, but this thread gives me the shivers....back around 2007 ish i read some research from HL which surmised that to leverage gold price increase, to invest in precious metal mining companies....

So i stuck 40K into a Blackrock Mining fund ( cant remember proper name ) and while it did ok, up 10% or so, the actual gold price trebled during that time.... i was pretty dis-chuffed !!

But how did it preform in latter years after that though? i mean against god its self?

NoseyParkersHelper

mebu60 said:

deejaybee said:

So i stuck 40K into a Blackrock Mining fund ( cant remember proper name ) and while it did ok, up 10% or so, the actual gold price trebled during that time.... i was pretty dis-chuffed !!

Blackrock Gold & General? 

Dose BlackRock not have a bit of a bad rep in the alternative?

wmb194

NoseyParkersHelper said:

wmb194 said:

NoseyParkersHelper said:

wmb194 said:

Works fine for me, try a different browser without blockers and things if you use them. The annual historical/trailing yield on this one is 1.45% - look in the, "portfolio characteristics" section.

Thanks! So again is the yield last years guaranteed pay out and may be more?

Dividends are never guaranteed but if you look at the companies and their payout histories you might be able to get a feel for how reliable they are but in my experience mining companies' dividends tend to be variable.

But Yields are guaranteed right?

No. Dividends are not guaranteed. The dividend yield is just the last year's annual dividend divided by the current share price.

wmb194

NoseyParkersHelper said:

Berezny said:

One of the most prominent gold mining companies traded on the LSE is Barrick Gold (ticker: GOLD). As one of the largest gold producers globally, Barrick operates in 18 countries, providing exposure to a broad array of mining assets. The company has a history of paying dividends, supported by its profitability and operational scale. However, like many gold miners, its share price fluctuates in response to both gold prices and its operational performance.

So LSE, no good for stable long trading then?

As previously mentioned, Centamin's listed in London*. There's nothing wrong with the LSE but gold miners are spread around. With e.g., Trading212 it's cheap and easy to buy shares in New York so you don't need to restrict yourself.

*But it's in the process of being bought by AngloGold Ashanti Plc.

masonic

@wmb194 the posting style of this OP seems a bit familiar, dose it not?

wmb194

masonic said:

@wmb194 the posting style of this OP seems a bit familiar, dose it not?

Yes, and almost always very early in the morning.

NoseyParkersHelper

wmb194 said:

But Yields are guaranteed right?

No. Dividends are not guaranteed. The dividend yield is just the last year's annual dividend divided by the current share price.

Then I guess I know almost nothing about how the markets work then! But I hoe you do not mine me asking again

Are Dividends now the differance between last years and this years share price?

So what are the payouts called? The profit you the share holder gets out the company you hold shares in?

NoseyParkersHelper

wmb194 said:

As previously mentioned, Centamin's listed in London*. There's nothing wrong with the LSE but gold miners are spread around. With e.g., Trading212 it's cheap and easy to buy shares in New York so you don't need to restrict yourself.

*But it's in the process of being bought by AngloGold Ashanti Plc.

Is or Was T212 a free share dealing account meaning they dont charge or did not charge for member ship or buying or selling shares?

Was it a technocratic system only? Meaning you could not call into the branch or call the branch up your self (on the phone) and it would only work with the latest smart phone?

If T212 is bough out and my above presumptions are correct and the new buyer decides to charge the customer and say I have set an account up with them before they buy them out. Will I still have access to free use of the account there on afterwoods?

Thanks