Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
So it struck me...SC and CS had to buy when they did because they were entering a closed period for the quarterly results...and maybe the shares they bought was pretty much all they could get in a hurry on TMX...
However, this also suggests that they were expecting a 'material' announcement during that period, otherwise why not wait until after 15 May?
And then I thought, after 15 May the SP would likely be cheaper if nothing material had happened, especially in light of the tight cash position which would show up in those results and ma
Ouch..hit the post button by mistake...anyhow...
which would show up in those results and make the market even more nervous...
Finally, the MSCI constituents are announced mid May and by my reckoning we would probably want to be at least 10p to reenter the index, so...
Putting it all together, surely we must be expecting a significant announcement by the end of this week, that puts an end to the short term cash concerns and lights a fire under the SP just in time for MSCU tracker funds to drive the price up further...
As they say...its all about timing...
And then I thought...they must be working on a biggy, which would be worth waiting for but if needs be they could, as a last resort, launch a tender offer of the former CGP 155 million, because with the BHP Anglo brouhaha, rising copper (and especially gold) price, M&A momentum, etc, surely someone seriously interested would pay 20p to get, or increase, their foot in the door...?
No one is going to pay 20p for those shares right now… absolute nonsense
Red, my friend, sometimes you just think too much...
Let’s face it you’ve been spouting the same 💩 since you and mrs 🤡 were buying the 30s, so your analysis means Jack 💩
Let's be honest this share has been one endless nightmare for investors - will it come good? I think so, eventually. Trouble is every day wasted posted on here is a day closer to the end.
Indeed Red ….. funding announcement must be imminent and I reckon we’ll see it before quarterlies ….. as always with Solg nothing is guaranteed
Maybe Italian, but I'm trying to put an interpretaion on things that don't at face alue seem to add up.
And certainly those share purchases had us scratching our heads...and rightly frustrated some people because of their minuscule size while announcing a raft of options for Chris.
My timing may have been off in terms of something happening last week, but gold, copper prices and the BHP Anglo situation plus the growing number of ultar bullish notes on copper and impending M&A...
PLUS TEN EOIs on offtake funding, suggests the possibility that there is hard negotiation going on behind the scenes to get juicy terms which would allay cash fears; put an implied value on Cascabel; and stop the understandable cash concerns in their tracks...
So surely before the MD&A we will hear something...?
Sorry DBW...our messages crossed...your posts are always sound and more succinct than mine...
Heres hoping mate...
Let's not forget that you don't understand the company though, DBW.
"It won’t get to any AGM …. They can’t afford to" said in mid-2022, when others correctly pointed out that nothing much was happening and there would be Solg AGMs in 2022 and 2023.
Two years and not a lot of growth in your understanding
At least he understands the basics of investing, namely dilution.
Evidently not, SM
Companies have AGMs every year, so there was always going to be one in 2022. The A stands for Annual
If you want help understanding how placing shares owned by the company you have shares in dilutes the value of your holdings, I'm here for you 👍
Ha Sharket best ignored …….
Dipped below 9p
Expect the usual f*wits to make an appearance today
Give it a rest, we’re bored of you
1984 could one of those f*wits be the one that warned us about the impending “car crash dilutive funding “ ?
That’s one of them, there’s another too who can’t spell his own name or understand dilution.
Neither of them are able to use a search
engine. Both will appear this afternoon