Trade one complete BUY MGAM Morgan Advanced Materials
Posted: November 21st, 2016, 4:24 pm
So out went Fenner (who went on to jump by 10% over the next few days - My timing is generally pretty awful, in this case it shows).
In come Morgan Advanced Materials and as I had some dividend cash, the total trade is:
Transaction Type: BUY 1167 Morgan Advanced Materials Plc @ £2.799862 for £3,295.53 including
Commission: £11.75
Stamp Duty: £16.34
I set a buy order at £2.80 yesterday after some consideration and trying a few more searches on 3%+ dividend and market cap over £50 million without finding anything that blew my frock up.
It completed today which I'm neither happy nor sad about - In the back of my mind is another company KCOM who appear to be ready to change the face of telecommunications in Hull. This might sound a bit jokey, but the KCOM CEO is 68 and must be getting ready to retire. He appears to be ungearing the company in order to give the new CEO the best possible opportunity.
I am giving them serious consideration, but as ever further research is required.
Regards,
B.
In come Morgan Advanced Materials and as I had some dividend cash, the total trade is:
Transaction Type: BUY 1167 Morgan Advanced Materials Plc @ £2.799862 for £3,295.53 including
Commission: £11.75
Stamp Duty: £16.34
I set a buy order at £2.80 yesterday after some consideration and trying a few more searches on 3%+ dividend and market cap over £50 million without finding anything that blew my frock up.
It completed today which I'm neither happy nor sad about - In the back of my mind is another company KCOM who appear to be ready to change the face of telecommunications in Hull. This might sound a bit jokey, but the KCOM CEO is 68 and must be getting ready to retire. He appears to be ungearing the company in order to give the new CEO the best possible opportunity.
I am giving them serious consideration, but as ever further research is required.
Regards,
B.