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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Elephants
When I listened to the Webinar .......... what a load of tosh.... and then some on here thought and still think that 'he is the man'!
I would say the first was when RS said that he was not concerned with the share price it was of no interest to him.
Anyone have any others?
You weren’t the only one sucked in ! The only thing I take comfort in is that I will meet Phill at the race track one day 😉
I was so sucked in by their glowing philosophy like 'Tintra' in Sanskrit comes from the word Tantra' which means 'weave together.' - well RS another Sanskrit word is ‘karma’ the law of cause and effect… it’ll catch up with you soon enough.
Ceo been staying in a London hotel for tens of thousands per month including expenses.
You've been robbed in broad daylight by a professional bunch of criminals!
At 0.40p my holding is so under water I'm just going to hold until something happens -
G
A shares and funds account is a trading account without ISA tax wrapper around it so income and gains or losses are taxable.
Which hotel is he in,thanks.
Pedrobull,
What is funds& shares account?
Is it normal trading account like in interactive investor?
Thanks G
Any shares held in a HL ISA that get delisted get auto transferred to a Fund & Share account which is what i'll let happen with mine, question is at 45p whether I will buy a few more
Paitech
An ISA can’t hold unlisted shares and for a SIPP it depends on SIPP administrator rules so you speak to the SIPP provider.
For ISA you can either sell share in ISA and keep the cash in ISA or get shares in unlisted Tintra shares outside ISA.
Hi All,
I hold half in ISA and half in SIPP.
What are my options? Can I hold a delisted company in either of them?
I want to cash out, my average is 100p, if I get a chance.
Thanks G
..and possibly the reason for getting this matched offer out now is they are expecting the tender offer to be released imminently. All speculation, but that's all I have left.
Here's my view on it:
Tintra are offering an alternative here to accepting the Tender offer. They seem to be indicating that "We very much hope that most shareholders do not take up the offer from LRB35 Limited". I read this as they do not want to give over 29.9% control and are offering PI's a matched alternative, whereby you don't have to immediately take the tender offer.
It's a moot point though in my opinion. You are either going to get out before going private or you are not. The only advantage of hanging on in there is if you believe the Feb funding will come through and that baseline rate is re-evaluated, or you are in anyway for the long haul till it get's re-listed.
EIther way, as much as it pains me to see how red my investment currently is, I'm not sure that the price drop justifies the RNS. They were always going to de-list, and actually the matched offer detailed in the RNS is just noise.
I guess I just have to stick it out now as see if the tender or matched offer actually come to bear.
This will not recover unless LRB make an offer, If they have any intention of that then they need to start buying in the market. I was expecting/hoping that there would be an RNS from LRB this morning as if I was in TNT I would not have confirmed the delist until LRB had confirmed what they were doing.
If you believe the message how low does this have to go before you are tempted to make another purchase? If it gets to 20p I'd be tempted to buy some more.
Shearer lives in a 5 star hotel in Piccadilly, laughing at us all while he lives a life of luxury, joke of a man
Shearer has made numerous errors like the CLN, he has utter contempt for PI's and their is no power in the BoD, its a dictatorship.
Surely the board have no confidence in shearer,HE HAS TO GO.
The announcement of the CLN screwed us all, even the company itself ! If they hadnt have done that the funding technique they were trying may have come off, naiive and stupid with the CLN - Theres only one way a share goes with a CLN, the fact they later cancelled it shows they realised they made a massive balls up.
Relist in 2-3yrs with Shearer at the helm?
Erh, no thanks the man cannot be forgiven for the last 12mths.
At the current 50p ?
Will the shares price ever get to 1.50 before delisting ? . My isa,will cash out and take the risk a wait 2/3years for relisting. As for my Sipp can’t hold unlisted shares will cash out . Take either the tender offer if it happens or sell up on the Open Market .