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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Wow - just had a look at where I sold them last - 72p, be nice if it could return there in the next couple of weeks!! Bram
If my trade goes through -hopefully on the way up! Fingers crossed
I am sure this will bounce soon , at around 40 - time to get in soon I think Bram
Why on earth is this falling like a brick. Any ideas??
IMO, a great time for the company to buy back some shares. Significantly undervalued and we have a healthy balance available to lend so some of the profits could be used for this purpose instead. No need to complain about how the market is unfairly treating this share, just be aggressive and take matters in our own hands. WWW
looks like big Ron found a spare 100k down the back of his sofa and decided to pile it in here ... nice
You can find 1pm's presentation from our recent Manchester seminar in our members area here: hTTps://www.sharesoc.org/members-area/ It is exclusive to our full members more details on our membership can be found here: hTTps://www.sharesoc.org/membership/ For our future events in Manchester and elsewhere see: hTTps://www.sharesoc.org/events/
Chief executive Ian Smith joined three years ago as chairman and has overseen six acquisitions, four of which since he moved to take the CEO role last year, when profits before tax and exceptional items rose 24% to �4.3m and are forecast to grow to roughly �8m in the year to next May. The group's combined asset and loans portfolio stood at a value of �89.5m, an increase of 32%, with bad debts accounted for a charge of �0.9m, or only 1% of the total. Smith is focused on ensuring all acquisitions are integrated and aims to more than double the market cap from �42m to �100m.
I keep getting reminded of that damn TAP wherever I go, I let someone talk me out of that one at 66p once upon a time and hated myself for not going with my gut every time I hear of it. I have high hopes for 1pm once the placees have gone, maybe not in the same vein as TAP but this is a good lt hold imo, and been a lucky share for me GL Frisby
Sold out this morning and bought TAP. More my thing. Good luck all holders
There is a detailed report by Cliff Weight on 1pm who attended our London seminar on the 13th September, which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ ShareSoc full members can download Stockopedia reports, presentations from all of the companies that presented at this seminar, and this report from Cliff Weight on proceedings from our members area To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
Not invested here, but those who are may find the following interesting from todays Daily Mail. Hope link works. http://www.dailymail.co.uk/money/investing/article-4913274/MIDAS-SHARE-TIPS-banks-retreat-s-good-news-1pm.html I expect the share price to rise tomorrow due to the above. I will do some research before I decide. Good luck Regards CM
Simon Thompson in today's on line IC article confirms his buy recommendation with a target of 70p
1pm present at our London growth company seminar coming up on the 13th September hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-london-13-september-2017/ It may be of interest to potential investors and current shareholders. There will be a chance to ask questions and is a great opportunity to network with fellow investors at the event.
P/E of 8 and a sort of a dividend. Slow but sure, leaving any move as holding for a student for a long term gain. If p/e got to 5, they'd become a takeover target !
to break thru 50p with stock from placing flipped for 10%
Directors can start exercising above 60p to £1.10p. They need a 50% gain from current levels to start to earn anything from these. If they can move this share price up, I have no issue them being rewarded to do so.
yep..shd reassure...bounce towards 50p?
Add the profits from the recent acquisitions and my guess of £6m plus look quite accurate with this trading update. Hugely undervalued and the placing at 50p took the wind out of this. 2 quality acquisitions have been done with these funds and will make quite a contribution to the bottom line. BUY imo
With a market cap of only £35m and profits off all the acquired businesses plus the profits on the existing business could amount to at least £6m per annum, the market cap should be nearer double.
I know both gener8 and positive as well as Ed Rimmer. All very good moves for 1PM.
jeez, this isn't fun anymore. have the board overstretched it a little with the Trax deal (and the other possible acquisition?) following the purchases of Intelligent Finance and Bell Finance earlier this year? A lot needs to go very well very quickly in order to get the share price back to recent levels. Hardly make or break at the territory but this does feel like a bit of a watershed moment. Good luck all
getting closer to my target, so sell motivation weaker .....OPM has some strengths, and it could knock a fair amount off funding costs with its trackrecord, management, equity base and critical mass imv...why hasn't it? Does it need to recruit a heavy hitting cfo? @35-38p it may even become some other player's lunch
19 May '17.the price were at 49.00 .....today 41.25 .....strong sell imo