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Just a thought all, but do you think there's a bit of a plan to get these american funds on board to purchase stock around the second part of the year which is tied in with the release of possible substantial news?interesting that they have only been approached this year?! I suppose there's the likely double whammy impact on the share through both private and institutional investors scrambling for stock as the reality begins to sink in that this has the potential of being a massive stock. On another note, PM downplays the dual listing noting too many hurdles with one being the revenues of 30% in the states. I don't think that is too far away at all. I'd say give this another 1-2 years and that box will be TICKED!!
The chances of an Nyct type private & institutinal investors scrambling for our stock seems unlikely currently & if the 12 funds presented to by PM in NY recently wanted to buy our stock I would have they should be doing it right now ,ahead of Interims when our FY 20 forecasts will again be confirmed & we could be treated to our first licensing deal & news of our first positive Japanese RFQ.Is the time to be accumulating our shares not now upon us as waiting much longer may result in their having to pay a much higher price
During my recent conversation with PM, he said that the US financial guys really due their Due Dillegence. So maybe, after an initial face to face meeting they will spend several months researching. Better to late than wrong!
Interesting! Perhaps they are extremely successful funds too!? Let's hope we get some top quality funds/fund managers on board.
The issue we have at present is the market cap is just too low for many funds to even look at. That will hopefully change this year!!
I agree that they may prefer to pay a higher price for our shares when we are perceived to have been more de risked,i.e. following inaugural Aviation licensing deal,positive RFQ outcomes,continued expansion in Fleet & Off-road etc.
Too late for most of us to be late rather than wrong -so let's hope we are right
PP...a good portion of DD will most likely have been done before meeting face to face. The likelihood of PMC getting a meeting without an institutional investor having done some DD is slim.
Any institutional investors need to be quality and have a good performance record. The last thing the share price needs is an institutional shareholder that is a forced seller due to performance issues. We have been there before.
Doesn’t take long to review our website & RNS s to cover basic due diligence & much then rests on their understanding of our current market lead & their impression of PM & his ability to deliver .They clearly haven’t invested yet as volume has remained slow & no signs of persistent buying & my hope is that they have told PM that they will consider buying in once he has delivered on FY20 expectations & produced targets for FY 21
Hopefully our SP by the time they start buying will be higher & their buying will help fuel positive momentum & a substantial re rating .I appreciate that this will seem most unlikely to the doubters & cynics but my belief is that it remains possible & a near term SP of 7-10p us far from impossible .As ever we will have to wait a while longer
I completely agree with your short term assessment MrBB. By my calculations (I calculate pessimistically), it will only take a A$10m up front payment from somewhere to take the threat of dilution off the table - This is based on the assumptions that: Aviation, Off-road and Auto still continue to contribute roughly in line with last year, and that Fleet hits its lower target of 27k units on 30th June (and continues that rate of growth thereafter). The other assumption I have made is that SEE’s costs have only increased a little bit (hopefully the 21% saving on the current Guardian run will help in this respect).
DILUTION OFF THE TABLE , I have a cunning plan , Mrs B Good and myself have , after many nights burning the midnight oil , studying all the latest form for the highlight of our year , The Cheltenham Festival , starting on the 10 march , our 5 fancies are Tuesday - Benie Des Dieux in the Mares Hurdle , Wednesday - Envoi Allen in the Ballymore Hurdle and Minella Indo in the RSA chase , Thursday - Paisley Park in the Stayers Hurdle and on Friday Monkfish in the Albert Bartlett , if we all follow our lead and bet these horses between us all we will have funds to buy out the company and when the day comes , either in 2020,2021, 2020, 2023 we all will be millionaires , lets hope these dates are better than the 2016 , 2017 , 2018 or 2019 which have been expressed before as the date we can all retire , as always , have A GOOD day
HAGD are Tipster in disguise.
Well you have covered your bases fully there - so you can't be mistaken except you may wish to extend to 2024 and beyond to full proof your hunches.
I shall endeavour to connect, consult, tune into Mystic Meg/ Tea Leaves/ Pebbles/ Water Divining/ Crossing my fingers/ The Cosmos/ The Universe to seek enlightenment on my investment and "See" whether the timings coincide.
Good luck on your tips for the races.
missed out "you".
My average for the record is around 5.5p si somewhat under water. What about everyone else?
3.4p
After buying from about 3.5p up to 12p and back down to 3p, my average works out as 4.68p.
Been in this share what seems a lifetime bought as low as 3.11 and as high as 12p
Average is just over 5p
I read many rns and many promises of upcoming deals but they always fall short
I remember when naked trader brought in but he soon sold
Good luck guys Just maybe thus year
4.836p is the average cost of the shares that Mrs B GOOD and have A GOOD day have in our portfolio , we have just under 440.000 and as stated we will be out sooner than later , BUT in all honesty we wish all SEE holders all the luck in the future and we hope that all your wishes come true , we have enjoyed the posts by all sides of the fence and if we have caused anyone any offence we are truly sorry , please remember to have lots of GOOD days
Wow HAGD
I was thinking from your postings your average must be 14p and you must have at least a few million.
A mere drop in the ocean for you and mrs B GOOD.
It will see you good. Just have to see what % market share of DMS we get. I would think we will do well.
Dunno why you would want to be out of this share at this particular moment in time hagd, afterall the ducks are lining up.
Now I consider myself to be unlucky with an average of 7.8p and holding just above 2m. And all i see is blind positivity and impulses going up in the next months ahead. Happy to hold till 300p to get my first mansion. To be honest when you'll see this spiking again you wont consider selling at 10p (unless you already sold at 5p) but probably topping up on further news.
Nice chunk you got there bogyo.
I have no idea of my true average. Six odd years ago I bought at 4.8p, sold at 7.8p. Did that a couple of times then bought back at 7p and sold them at 3.2p .
Then due to ENCAP's regulatory requirement for DMS bought loads more recently.
I've been topping up constantly ever since.
300p will take at least 5-10 years to reach so if some people are expecting it soon they will be disappointed. I will be really happy with 20p, then I can retire.
I reckon 5.9p overall.
Bought from 3/4p Years ago, all the way to 13.2p & all the way down to 3p & back upto 5p. Trying to be sensible now until news then will have a dabble no doubt but only in SIPPs or ISAs.
Holding too many but thats the gambler in me.
Hopefully as my Mrs says we keep reminding me that iam delaying retirement lol
Eye
Once cars starting hitting the tarmac Iam sure things will change pretty fast ( As in 6-18 months)
Depending what OEMs we get this year or so, where we are in aviation & how fleets moving true value might be in 2021 or 2022 though?
HGD
With 440,000 you may as well ride it out for couple more years. Could be life changing by then :)
138k what ever that works out to be in shares!? Across ISA/Sipps and fund/share. Rather exposed!!!