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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Mary
I think Powell probably has sleepless nights when he sees Biden´s borrowing needs !!!
It is all a joke, if it wasn't so serious.... in the sense that they cant sell the ever increasing debt needs unless they give a decent Yield on it as a result of the inflation worries, ..
mom and pop savers now needed to buy the Bills so that they can get their pension paid back to them lol
yeah.... Middle East passed the worst , one hopes, although the Huti´s are still being a menace to shipping
ATB
FED Powell - breathless nonsense - walking a line that the markets will interpret to suit their agenda. Likely 1 / no rate cuts as has been known for a while.
Middle East tensions easing so the spike in oil is easing and the 2% target delayed. It will happen but in 2025 instead.
The to and fro is just extended. Rise to 92p (NA sale news) fall to 53p - ebb flo.
70p soon.
They're far from gone, only reduced 0.5 to 0.47.
I think the share price is hanging on what the FED Powell has to say ...later on ... shorts who may well be hedging on inflation expectations may well react to any kind of hawkish words or suggestions
This is kind of old news ...was first reported back in Sep 2023 ....the final completion happening now
Company wont report the acquisition until it formally goes through
was reported to be around 70-80m euro at that time ..
https://www.eleconomista.es/transportes-turismo/noticias/12450105/09/23/alsa-ultima-la-adquisicion-del-grupo-canario-1844-por-cerca-de-80-millones.html
Purchase figure and structure seems to be a mystery. Remember seeing 3rd party report around £60m/£70m. A £6m deposit probably supports that too.
Do we know how much we paid for it
Saw National Express bus on the motorway yesterday with 'Book with Uber' plastered over it. I did not know this was available. Must be a good thing.
I still believe in the business, it was unfortunate that all bad news + poor management + delayed result brought us to this stage. I guess this acquisition news offers hope to others.
Only a matter of time Lara. Us long suffering faithful will get rewarded in the end!
Paddyboy1
I strongly support your thoughts. It’s just a matter of time.
People look back now & wish they'd bought RR @ 40p a couple of years back. In a few years people will say who was lucky enough to buy MCG shares at 55p!
Hardly the actions of a company on it's knees as some would like you to believe!
Looks like that shower that joined the other day thought better of it. I'd expect this to follow similar trajectory to DOCs over next few weeks unless any big news! Drop the clanger, hammered by shorts for a fast buck then steadily back up again!
Shorts reduce from 2.70 to 2.20 so not huge but a reduction nontheless.
Exactly, a few pence just to get it back where it was a week ago is nothing to post about.
Read the annual report, that will keep everyone quiet for a while ;) all the info you need is in there!
Well said, nothing to dance about. Over 60p and we might see something positive brewing.
If the price is 48, 50 or 54 its the same for most of us.
We will post where there is something new to talk about.
Well is not because we are short, its because everything that was supposed to be said has been said.
We don’t have our lunch money invested here as most of the ling holders have cosiderable
Not sure a couple of pence rise is exactly rerate cause celebre but nice to see it green for a change on a poor market day!
For two days in a row this share is CURRENTLY "on the up" and sanity is returning.
yet all our posters are "Silent" which makes you wonder how many of them are "shorting" the stock
we have just a single post attributed to this stock.
Last i saw it was supposedly Sept for BoE and Dec for Fed. used to be June and May respectively.
Yep well those boys are on the vino from open. I just waited till end of play. Seriously though, if the Cosmens want this business they (and advisors) will review every trick in the book to minimise their outlay.
Rates will not go up. However, there’s rethinking in terms of when reductions will start and that thinking seems to have clearly moved to some time beyond summer.