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Solid results through a bad economic situation.
This year's growth expected a really good portfolio inside the investment company
Castle
29p NAV v 12p share price is madness. When you look at the scale and potential upside for Microsalt Guident and Revive this has a long way to go in my view
Still loss making, need to sell one of their assets to balance the books
Tbh, the potential is in the NAV already
Would like some revenue numbers
The highest paid Director received a bonus of US$ Nil (2022: US$250,000). Did Gross forgo his bonus then?
Once Reebok glasses release and maybe the market likes it then Cliff could sell off Lucy , tbh it's a noose I'd like to lose
Nothing in there we don't already know on here and figures more or less in line.
However, the wider market will like this, same as it didn't like the last results even though they were well out of date by the time they were published.
I think today will be a strong day, and lots of imminent news in the pipeline to strengthen the NAV calc just around the corner.
GLA
The highest paid Director received a bonus of US$ Nil (2022: US$250,000). Did Gross forgo his bonus then?
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Missed that D Monies. I hope so. I think that will be really well received if that's the case
Highly likely to get a few column inches in today's IC advising readers of the total disconnect between SP and reality.
Discount to NAV is absurd.
Indeed, we need Simon T's magic dust!
What a load of π© people talk on here. 29p NAV v 12p share price is madness. 12p is its worth not 29p πππ
8p about two weeks ago,so obviously it was valued wrong at 8p,
So following that logic AimHigh, 77% holding in SALT must be worth Β£43m.
Aim You just said a couple of days ago "why isn't this 20p?
If thatβs what the number are saying YESβ¦ if the value was 29p and some numpties believe it would be 29p.
Tek's holding in Salt is worth 22p a share to Tek
I did say why isnβt it 20p but itβs not because itβs only worth 12p according to the market. Certainly not 29p like the numpties are saying πππ
Tek's holding in Salt is worth 22p a share to Tek⦠QUITE CLEARLY IT ISNT
Where's the cow fart. I think you're overextending yourself to be honest Aiming. Your posting history says it all.....everywhere
Most trusts like this will trade at a discount to allow for valuation difference - the vast majority is listed here so its more transparent, if TEK sold all their holding in SALT and paid it as a dividend to TEK holders, you would get 22p a share from that alone - but at the moment its price is what people are willing to pay - as with all shares . I've also seen shares trade at Β£1 with a NAV of 10p, which is also ridiculous
π π© Where's the cow fart. I think you're overextending yourself to be honest Aiming. Your posting history says it all.....everywhere π π¨
TEK 11.5pβ¦. SALT Β£1.29β¦ TEK r π π©
They own 77% of SALT . Can you work that out Aim.....you should maybe stick to scratch cards and bingo
Thanks Aiming. Normal service resumed :)