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algw need to change broker away from Pello as with their ongoing issues I think it may be the reason for the delay in the issue of the prospectus.
Someone very keen, paying over the ask on 75k
I will make my decision when I see the update, it should be a recap of what has happened and been achieved over the previous quarter, trading wise, not holding on and "hoping" to get some good news out
If you feel that way then just sell up and re-invest elsewhere. Its quite simple really!
Raaydaar, you seem very concerned about my mental health, I can assure you there is nothing wrong with itIremember you saying back in July that we had a small matter of the Prospectus being published followed by your gut feeling that it was coming sson. Then your wife was buying and you said, why are people buying and what do they know, it will albecome clear very soon.
Well, that was a month ago and nothing has happened. The company said it would provide quarterly updates and so far nothing has materialized, in other words, the company has made no progress and GS is trying to cover it by waiting for some good news.
GS needs to up his game or step down.
As for you, I would get your guts sorted.
What would you consider as unequivocal progress? The acquisition has seen AUM grow to in excess of $300 million, the RCF partner will be making a direct investment AND provide the $100 million facility, Eaton partners onboard and discussions with Tier 1 names. Crikey if that's not unequivocal progress then I dont know what is
For clarity, I would seriously consider investing here if real, unequivocal progress is made.
Davwal, I would suggest to you that the laid back investors have perhaps taken the time to contact the company, have a chat with Gobind and ask him those awkward questions and having been given the answers in that difficult conversation are satisfied with their investment and can therefore be laid back about it.
I'm with Raay on this, we will get the update when Gobind is ready. As frustrating as it is to not have news at the start of the new quarter I would much prefer to wait a while, if indeed he is hoping to get something out before the update. If we had the update 2 weeks ago what were you expecting it to say? I would expect nothing more that additional AUM (I would like to see at least another $10 million) other than that it would be the same old we are waiting and doing what we can but it's all in the hands of other people right now.
Patience is key and getting wound up because the update hasnt been released is pointless. The value of anyones investment is all relative Bamb, some people have a lot invested here what's "a lot" surely its relative to what you can afford. Mark Ward, Giles, Mr Alder and the other guy who has the TR1 (his name escapes me) have invested a lot more than you or I, they're not on here comolaing or moaning about a lack of update, they're clearly not selling either so they must be confident in their investment decisions. I'm happy if I wasnt I would have sold no point in raising the blood pressure by getting angry or frustrated
It never ceases to amaze me how laid back some investors can be with some companies where management has demonstrated a less than stellar ability to follow up on their promises in the time frame initially provided. In such cases I’d expect expressions of concern, and quite right too!
be good to hear what Giles thinks at moment...It's all well and good saying news will come eventually but some of us have a lot of money here. I just wish they would do more...any...PR in these quiet moments. It doesn't hurt.
Remember, its the impact of Covid on business, restricting travel and corporate communications and activity :-)
What will they hang it on now?
Daisy you're on a real downer at the moment, for your own mental health I would suggest just switching off from ALGW for a while or sell up. Nowhere has it ever been stated that updates would come on a specific date or in a specific week just that they would be done on a quarterly basis. I personally think the "delay" is because GS is hoping to get something else released before the update be that the prospectus, change of broker or RCF. I'm certainly not concerned and looking forward to what he has to say when he is ready to say it and if that's this week or next week I'm happy to wait. It's an opportunity for adding to the family pool of holdings ;-)
" Well, the quarterly updates are getting later, perhaps I will buy GS a new calendar for Christmas.
Anyone smell a rat? "
I too am flabbergasted, but we are in the context of Covid :-) BTW, have travel restrictions been lifted for a while now?
Well, the quarterly updates are getting later, perhaps I will buy GS a new calendar for Christmas.
Anyone smell a rat?
NICE BUY
Maybe the infamous Bermuda Triangle has taken effect..?
Stalin ESQ, We have been waiting for years on this news, it has not yet materialized.
Daisy....you are indeed correct news on multiple fronts. I just picked out one that was of particular interest to myself. GLA
From a buy perspective, we continue to progress our strong pipeline of acquisition opportunities and will look forward to updating the market when appropriate.
We are not just waiting for the above Stalin esq.
We also want to see progress on BOAGF-probably another £5 million contributed through the hard work of Michael Molloy.
The RCF
The AG and I strategy which keeps progressing but does not bare fruit
Other SMA`s which are being discussed with other companies.
Other initiatives through PLAC-Goldman Sachs, Coutts etc etc
What has Peter Gilman brought to the table?
What have Eaton Partners done?
And the long running saga of the elusive prospectus.
I would expect an update by the end of next week but I am not holding my breath.
From a buy perspective, we continue to progress our strong pipeline of acquisition opportunities and will look forward to updating the market when appropriate.
The last two quarterly updates have been on the 19th (July) and 9th (April)..so I'd assume as its the 18th on Mon it's quite possible we'll get an RNS and decent update on Mon. Here's hoping!
that's more like it stalin :))
LIFTOFF IMMINENT
NT to buy 2k or more on Halifax. Things are finally hotting up ahead of imminent update