George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Nael; I think this is a slow burner, but fundamentals are good. I think anyone holding medium term will out. Rewarding - for the patient.
The 14 day money flow as measured by the accumulation/ distribution technical indicator is uptrending , suggestion a steady accumulation. I've added another 5,000 shares a small purchase, showing as a sell as its to the left of the mid point of the current bid- offer spread on the trades for today ( one so far), but it's a buy. An illiquid stock which is 1% of my overall portfolio. A punt on overseas property development with a significant dividend . Stop set at 11% below bid pricing of my entry points.
I note that my very modest £2k investment with a 30% stop below my entry price today is showing as a sake, very bizarre.
The company has an interesting collection of ex-pat property and corporate finance talent. The portfolio is linked to a holding company and much appears to be developmental. There is nothing negative I can find in the public domain on corporate governance. I wonder why the share price has tanked so much since January 22, comments welcome.
Bought 80.000 at 33.25p - 11% prospective yield and a 55% discount to NAV; that does give a reasonable amount of comfort for any volatility in the underlying economies…
Saw this on Citywire (free registration required). Looks encouraging.
https://citywire.com/investment-trust-insider/news/gr1t-african-property-fund-eyes-dividend-revival-after-transformational-deal/a2375410?re=92432&ea=1125371&utm_source=BulkEmail_Investment+Trust+Insider+Daily&utm_medium=BulkEmail_Investment+Trust+Insider+Daily&utm_campaign=BulkEmail_Investment+Trust+Insider+Daily
Really interesting webinar from CEO Bronwyn and Darren.
A recording is now available here
https://youtu.be/Vf8pTN8Yk0I
There is also a write up of the webinar available here
https://www.yellowstoneadvisory.com/post/grit-attractive-african-real-estate-exposure
If you’re free at 1pm today and interested in emerging market real estate stocks please come to the GRIT Real Estate Income Group webinar.
Register: https://us02web.zoom.us/webinar/register/9216123496201/WN_5kvYfweES7CZ_PfchDhIpQ
The company recently released HY results which showed the recovery coming through yet the shares trade at a 40% discount to the 88p NAV/sh. Decide for yourself is this is unjustified.
GRIT webinar on 17 March at 1pm.
Bronwyn Corbet, CEO and Darren Veenhuis, Chief Strategy Officer will provide an introduction to Grit Real Estate Income Group and present the half year results which will be released on 15 February.
Register: https://us02web.zoom.us/webinar/register/1716123496322/WN_5kvYfweES7CZ_PfchDhIpQ
Gotta be share consolidation. Cant imagine anything going up 75 times overnight
Wtf happened here and why?
https://quoteddata.com/research/grit-real-estate-income-group-africa-substantially-derisked/
I noticed this and it is normally a share consolidation that gives this sort of % increase. I had a quick check through the rNSs but couldn't see anything other than delisting from JSE. The day's chart looks really weird too! I am not a holder so have not followed up further but it's either a share consolidation or lots of you will now be rich lol 15,000 buyer from Friday ??? have you tried to sell today? did you still have 15,000 shares in your account. Any other holders looked at this?
The LSE Share Risers has Gr1t top with a 7592% rise today. What's happening and why is nobody on this BB chatting about the Share?
Lucky I got in with 10k, NOT.
The fundamentals look good, surprised the SP was so low.
Wtf