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I'm sticking mate
Some big buys today
Got to be safest share on AIM with the cash we hold
Guess over 20p per share at moment
Sold out! Held this for around 2 years and watched a very confusing turnaround turn into what we have today. Maybe a bit naive of me in the first place, nonetheless I’m fed up with the lack of updates provided by LDG. I should have sold when it was 18p. I think there are better investments out there. Good luck to everyone.
Some reasonable size trades today.. is something brewing..
Hi TF, yes, that's probably it, the gift that keeps on giving for the DBay boys. And girls, no sexism here.
Wow, an RNS! Interim results to the end of May 22, reporting a loss of £0.8m.
They report a loss of £0.3m at the result date against Caretech shares but we know they should now be worth the 750p/share as offered by Sheikh Holdings, so that's good news, an extra £0.8m.
And due a further dividend of £0.7m from Marcelos.
Also, it appears they bought 3.7 million shares in Finsbury Food Group this month, well they kept that bloody quiet!
So, overall, not much change, looking like the balance sheet will improve short-term at least, but the SP now back down to 13p.
LDG doesn't make any sense to me, what are DBay doing with it?
Well said, I sold out at 15p too. I'm keeping tabs as I would buy back in, but its a bit dormant at the moment!
I can't blame you, I sold a 15p but come back to check in now and again.
The lack of news has been underwhelming to say the least, and DBAY seem to just see the company as parked cash.
On the plus side it can't really fall much, it's just not very interesting right now.
Decided to ditch my holdings in LDG,I've held for a couple of years,I still thing things will get to be a very interesting here but when.Bought Shield thera,averaged down from my first purchase of 19p,you never know if you've done the right thing,time will tell.
GOOD RERATE TODAY!
Hi Pat
Yes, it's drifting a bit now ,I think they were set on Caretech investment and don't know if they have a plan B.
Won't drop much due to cash in bank but I would rather be buying at 12p than 13p
No news, no investment, SP has slipped back a bit this morning from selling @ 13.3 to selling @ 13.1.
I think there is going to have to be a significant investment in a business before this shows any significant movement.
But I see there is nothing happening here still, a few trades but nothing exciting or tempting me back in, although it does still appear pretty stable which is no bad thing.
Until the next time.....
YES THX GOOD TO SEE A RISE TODAY!
No probs.
Thanks for posting
https://masterinvestor.co.uk/evil-diaries/evil-diaries-easy-safe-money
I think we will now have months of this share staying close to where it is. (hopefully slight rises). Very Beta resistant.
Its under valued. But another share buyback isnt going to happen. It costs money and didnt work last time.
Its valuable to Dbay as a pot of cash they want to use. But how to use it on an investment is going to be tricky and just a pot they dip into from time to time like Caretech idea.
I think at this point we as investors can he happy that DBay are trying to utilise this cash for the betterment of shareholders and at some point it was wash out to a true market level.
I think if you want excitement this isnt the stock to hold. But if you want still a 5% return by End of year and no reason for a drop. I wouldnt look no further
I am holding and looking at other opportunities in the meantime.
Hi Biscotti.
Yes, pretty much 'nailed on' as you say. Lets face it, anyone who bought into CTH a few months ago at around £6 is unlikely to turn down a 25% profit. I certainly wouldn't but then chance would be a fine thing. And anyone who bought in 3 years ago at £3.25..... wow, if only!!
Today's RNS from LDG confirms they aren't making a formal offer so that's the end of that but at least they'll take a good profit from their investment, just can't see that having much effect on the SP though.
Interesting to watch.....
Agreed. Not a done deal. But Caretech price suggests it must be a close to nailed on thing.
The news releases being reported by the press for the CTH offer are misleading, they are saying CTH has accepted the offer from Amalfi Bidco (Sheikh Holdings) but that is incorrect - the RNS from CTH only says the CTH Committee are recommending the offer, not that it has been accepted.
Not a done deal yet but I can't see why the shareholders would vote against it.
Either way, no big uptick to the LDG SP as a result.
Still watching.....
Ah, so Sheikh Holdings finally made an offer and the CTH Board have recommended it.
LDG hold 1,974,130 CTH shares at an average of £6.639 so if the offer is accepted and LDG get £7.50 a share they would make about £1.7M, around 13% profit
Good work DBay.
Yes. well done Board
Around £1.5 million profit for our coffers
Caretech up 20%. LDG should be up more with this news..... Back to 14p by EOD i reckon.
Still seems positive even if they lose the bid, as DBay own caretech shares. If they still sell at 750p this is a good fundamental return of investment.
https://www.proactiveinvestors.co.uk/companies/news/985871/caretech-board-recommends-offer-from-founders-farouq-and-haroon-sheikh-985871.html