The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Intro pack describing Jeometri in case anyone hasn’t seen it.
https://jeometri.com/PDF/Introducing_Jeometri.pdf
Completely agree.
- Operationally derisks us by reducing the dependency upon the board members to 'run the bank'
- Potentially adds a lot of extra horse power to organic growth
- Presumably will accelerate future acquisition integrations
Whilst the regulatory approval will take until Q3 I wouldn't be surprised if the teams have already been working closely together for some time now. 'I liked the product so much I bought the company'
Now we just need the next acquisition or two to be for large slices of AUM and we'll really be at the races.
I’ve just re-read the rns and I like it. We’re acquiring expertise as well as routes to market which allows for expansion of growth.
There’s going to be more cross selling opportunities for organic growth. We just need a few acquisitions with AUM to really light ignite the sp…
Still awaiting my Bed & ISA trade - 736,895 Sold
732,812 Bought back in my ISA.
Yesterday 09:35 16th May.
Doable given the very low market value.
Rns . Hopefully the start of a period of richer news flow .
The transaction funding has been satisfied from Alpha's existing cash resources and no shares were issued by Alpha for the acquisition.
Yes, interesting how long they can delay it.
Its not showing as yet probs tomorrow morning
Yes, I’m well over 2M now also, I usually buy in round numbers but when it’s Bed & ISA your in the lap of the Gods, just happy the SP is steady & quiet with no announcement!
Good work Mozax, I've also transferred as much as I can over to the ISA. I currently have just over 2 million of these, for exactly the reason you mention, just a matter of time imo.
Plopped another 732,812 shares in my ISA from my Trading account at 1.9p, probably show up after hours.
The investment here is simply a function of time, the market doesn’t value the business and this is pretty much valued at cash currently.
Roll on the target.
Apologies didn`t notice this had already been listed .
“The current valuation, below NAV/cash, does not reflect the progress made; the shares are due for reappraisal and rerating this year.”
Several further transactions in progress, some at advanced stages.
Indeed Mozax, he's acquired another 0.33% of the company this year.
Well, for the patient it’s a no-brainer.
What would be more helpful to LTH’s is more regular announcements of growing AUM.
Little ( Like £100M) & announced frequently would really set this in motion, but it’s good to see existing holders continuing to build.
At some point there won’t be many shares available.
Few bob invested there.....wonder why???
I just went to find this post. I accidentally posted it here. Was for another company. Big massive sorry. I hold here aswell. this is in great shape big soz to holders here.
Eh ..to buy or watch
Nice start
Yes, I’m actually in agreement with you, and having mulled over the facts, ‘during 2025’ or ‘by the end of 2025’ would have been clearer.
However, the end of 2025 is 19 months away, and to reach this ‘established goal’ still requires adding $70 Million a month.
Plus they have stated they’re likely to exceed the target.
So either way, I’m content to wait and see, and any news is generally likely to be positive.