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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Is it anyone's guess as to when we will next hear anything ?
G2030 Thanks for that.
Look at this link to learn/understand how ‘sets’ works
https://www.aim-watch.com/project/seaq-sets-setsqx/
Don - every buy requires a corresponding sell
it seems the tide is back.
I topped up 500K just now and all of them shows as sell.
target price 9-10P short term with market sentiment favors this sector
Seller in their destroyer sending in a torpedo every time this sub sticks its head above 4p watermark...
Some big cheese oh so desperate to keep it down here. .. It is going to blow eventually...
Amigo shooting up as well....??
12m mrk cap silly really. 15p target here.
One weird share this one. Double up day getting close...
Looks promising as of last hour, bids stronger than offers for first time in a while. Ive added sub 4.
Perked up again. 4p paid. Buying pressure will see 5p in a flash. Something for the weekend??
I added a few more today… feels poised to make a decent move soon.
It's always been believed that one day this would double in a day.......
Yeh not much volume but a little more interest on L2. I thought the new CEO change would have moved it up more, most long termers here wanted it. Im adding sub 4, even if it only goes to 6 again thats a 50% bump. Im happy enough with my research here that this company has behaved best in class when it comes to the FCA etc and with the Cap raise it could do very well but DYOR.
Way way before the covid and FCA impact on this company in my opinion it has constantly underperformed and the figures speak for themselves.
Yet another plc CEO sails off into the sunset laden with cash and for what ? My heart bleeds NOT !
I really cannot believe that it has taken this long for him to go and unlike a probable hefty chunk of the UK retiree population, I very much doubt wether he will scratching around for pennies at the end of the quarter to pay his gas bill.
But then again there is probably no need for gas central heating in Hawaii or other exotic climates around the world where he could retire to.
It’s just a shame that most other hard working people in the UK don’t and probably never will have this opportunity.
JVK was obviously sticking in someone’s craw. This Heimlich Manoeuvre may clear the way for a palatable refinancing.
Looking good !!
Scottlee - I agree. JVK's record at NSF is not that good. The bid for PFG was seriously over-ambitious and blew up in his face. He definitely overpaid for the current businesses, though I suppose he wasn't to know how quickly the regulatory situation would turn and reduce their value.
On the positive side, he has built a pretty good business with Everyday Loans.
But I reckon it's a good thing that he's moving on and that we have a new CEO.
You just need to look at salaries in the yearly accounts JVK has had 2,477 million in salary and bonuses in the last 6 years and he has a contract with 12 months notice pay Round 350000 plus pension.
Nearly 200000 paid into his pension as well.
Not bad for someone who has overseen such poor results over the last 6 years even prior to COVID
Finally the company has got rid of JVK that man has overseen a diaster in this company overpaying for company’s then closing part of NSF he should have gone long ago it will be interesting to see how much his pay off will be ?
But unfortunately he hung on far to long and I don’t think the company will recover in the long term the FCA have their claws into this type of high cost credit company’s and it will be hard to survive sad for the employees.
A lot of the sells are actually buys - it depends on the spread at the time. My two buys yesterday both showed red!
Fingers and toes crossed. Really need this to do well