The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
More confirmation capacity is not an issue, therefore not the bottleneck to growth some peeps will have us suckers believe. :)
The market is underwhelmed by today's RNS because there are no numbers, but there is if you're familiar with historical numbers, and mine appears to be a good jab if you excuse the pun.
https://smallcompanychampion.substack.com/
If anyone likes to invest in Oz corps, have a gander at AVA Risk Group.
This share would be 30p+ if it weren't for Friel constantly telling untruths.
Market doesn't trust him anymore and that's why the share is collapsing.
Then you need to sell up and divest Jumbo. You won't need to stay here moaning and your life will no doubt be a lot better. Use you investment on better opportunities that clearly as a 'smart investor' you must have. Your capital will be better employed, no? You will increase your wealth won't you?
Don’t think it’s that simple JB (doubt you do either ;-) )
As we all know, it’s a very flat market as a whole at the moment, even those heavily feted have taken a hit.
I remember SBTX being heavily touted early 2021, climbed to 75p, and now trading 60% lower. Could go through DDDD, TILS etc… in sector. Outside the sector, see more of the same. GGP, 37p down to 14p…could go on, it’s a common pattern…but does suggest there is value at these levels…
Specifically with Orph, personal view - I think the majority of the reduction is symptomatic of the market at the moment, and a number of factors in that…
- There is probably a little truth in the furlough crowd as cited by Orph, but more probably…
- Improvement in FTSE dragged money back - Aim seemed to gain momentum off the back of Covid (Ncyt etc…) and now seeing more restrain.
- Crypto pulling in the get rich quick crowd
- A realisation this isn’t easy - suspect a lot of money has been lost in the last 9 months and some have packed their bags.
- Market concerns - people holding onto cash as see too much risk in the markets. Fed tapering and improving interest rates will add to that.
I do think the lack of adhering to timelines at Orph helped cause problems. Nothing wrong in my view in terms of business performance, can’t really fault it, but they could have understated and over delivered.
There is a void of investor sessions which doesn’t help - think back 12-18 months…LSE, IG, Proactive, Mello, Investormeet etc… there was one every month. If he wanted to crank things up a bit, he could, and reckon CF knows the game inside out so confident he’ll manage this side when he sees fit!
While there have been big sellers I think currently it’s just pi’s / short term trading imv. Know a few folk who need to release funds here, and will always be cash flow needs, divorce, probate, school fees, bigger house etc… which leads to need to sell (however reluctantly).
The lack of POLB growth doesn’t help. If that was 20p now I think Orph would be doing better. Realistically POLB needs significant time given drug dev timelines and is pretty binary (like Sareum, Synairgen etc…)
I try to look at the fundamentals rather than the share price, and all pretty positive there, so pretty pragmatic about it - enough upside news due, lands when it lands…
Enough positive news due, would like a trading update and 24 month strategic outlook mind…
Anyway just my musings
Well hopefully he'll be gone by April which he has suggested.
If he doesn't go I'll reevaluate.