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Oi oi.
Hold a lot of investment trusts as the bedrock of my SIPP with some large bets on individual shares. One investment trust looking at is ARIX, recently sold a holding to merck at a massive multiple to holding price - at a major discount to nav.
Only one cyber which is corero (CNS) which has do me well recently, a good hold with juniper as a shareholders.
Two big bets. Eternity (ENET) which has a small band of private shareholders on lse who have built up some large stakes which is really small and under the radar. Also optibiotix (OPTI) which has traded in a small range for 2-3 years. These are risky.
Householders a good bet, the Tories will do everything to support the market - honest Bob jenrick deeply corrupt. Was in inland as I live close to beaconsfield, the wilton park site is so well situated.
Thanks skid :)
I agree on drum - get out of kcr - when appropriate - and just be an IT investor. I'm actually pretty much all in on housebuilding shares. Particularly INL (inland) - where the ex-owners of Drumz (Wicks and malde) are currently directors (and where my interest in energiser originated). I'll keep to drumz for my cyber investment :)
What else are you guys invested in/interested in?
Oioi (great moniker by the way).
I think DRUM needs to be one thing or another, it if they can use KCR if it provides a good yield (which it doesn't at the moment) to provide cash ?
If you're into cyber check out CNS, share price has fallen from the highs recently. I am in at a nice level of profit now but clearly DYOR.
KCR shares are illiquid and the spread is extremely large which is very off-putting for most retail investors. For my money, I would stick with Drumz as it will benefit from any rise to the KCR share price as the increase in asset value will show immediately on the balance sheet.
I've got quite alot of money in energiser/drumz and have often thought - 'should I invest in kcr too'? They've always, to my mind, been interlinked (Dominic White being the link in the past). He's still at KCR of course.
I think there are air-rights opportunities within KCR's portfolio - further opportunities to enhance/sweat their asset base. I'm a firm believer in cyber security and the demand for acuity's services (thus sticking with Drumz) but I do feel that perhaps kcr might have some potential, at their current share price. Be curious to hear others opinions too.
I see KCR share price is showing up 6.38% this morning.
We still have Drumz shares being disposed of, so I expect we will stay around this level until further news is released from the company.
Thanks.
I have a small position here from the engi days.
Outside my investment trusts most of my "risk" money is in IT, drum seems to be much better value than most similar investment type companies where most of the money seems to go on board fees.
Hoping they can grow this, finding companies at reasonable prices with good growth prospects where the market seems a bit frothy. Fully expect to increase acuity holding in the short term.
skid, Torchlight paid 45p per share for 9m shares in July 2019 as a strategic investment. Once the Interim results confirm the turnaround in the company, I think the shares will become much more liquid.
I also believe Drumz will sell their holding in KCR once there is a recovery in the share price.
Optimist,
With kcr profit / loss is based on asset valuations.
Not sure whether drum will hold this long term, it must be very illiquid?
The interim report is due from KCR this month. Last year the company reported a loss of £2.5m, but the results for the current period should be a lot better. In the final results for last year the following statement was made:
"A detailed review of existing assets has been completed and we have taken significant steps to "right size" the cost base. Solid progress has been made, with substantial further improvements expected during the current full year to June 2021. The majority of the restructuring costs have been incurred and expensed during the current financial year and first half of the current year will reflect the reductions made to date. "
I can see the KCR share price rising substantially on a very positive report, which will of course feed through to the net asset value of Drumz holding.