The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
.....to note who the new large shareholders have been involved with. liations* Evergreen Energy, Inc. Amerod Resources Limited Crosby Capital Limited, Investment Arm Manx Financial Group PLC. Speymill plc Zoltav Resources Inc. Athol Gold Limited White Energy Company Limited Stanhill Capital Partners School of Oriental and African Studies, University of London Sovereign Gold Company Limited Touchstone Gold Limited
Waseem Shiraz – Chief Operating Officer London Waseem is a Director of Stanhill Capital Partners, and focused on investment opportunities in the natural resources sector. While at Stanhill Capital Partners, Waseem has been involved in the execution of a variety of complex public and private equity investments. Transactions Waseem has been involved in include the strategic investment in Touchstone Gold, strategic and financial repositioning of Hameldon Resources Limited (AIM), Contested Takeover Offer for Indophil Resources (ASX), Takeover Offer for Medusa Mining Limited (ASX), and Takeover Offer for Rey Resource Limited (ASX). Waseem has been Chief Operating Officer of Stanhill Capital Partners since June 2010 and runs the Merchant Banking team. Waseem specialises in complex turnarounds and transactions focused on incumbent management.
....spread was/is at the last look (6.7p sell-buy 8.5p). Before the results were released on the 1st March, these were hard to sell, even at the bid price. I was only offered 3.8p for my holding when the advertised bid was 5p. I'm now being offered more than 10% over the current bid for my holding, so things have taken a positive step forward....ie the market warmed to the results and future prospects. I've recently tried to get quotes to buy and the limits are only 1500 so that reiterates what the market thinks. You can't buy many....but they will gladly pay over to take them off you. Happy I took the plunge a few weeks ago. Will buy more on any dips....though I doubt we will see one soon.
I wouldn't be concerned with the spread as it's not a share to day trade. Looks great for a med term investment. Just look at what price the directors last bought in and the last fundraising. This is going to be big in time. Most under the radar stocks have a wide spread due to them being illiquid and rarely traded. Just wait when the herd arrive!!!!!
....wern't too bad really. Building a strong base for large increases in revenue and could very well be in profit this year. Under the radar of many. I like this one.....alot. Wonder if either of those buys today were directors? Talk to myself later....cheers. ;o)
I am merely highlighting a very undervalued share on fundamentals alone. Just check the v little debt, cash in hand, significant turnover v Mcap....and talk of being back into profit this year. Oh and a NAV of over £8m to boot, with blue chip clients. dyor as always.
OUTLOOK Client marketing budgets remain depressed with very few signs of a return to the expenditure levels experienced before the 2008 financial crisis, particularly within the retail sector. The company has however continued to reduce costs, has acquired new clients and is looking forward to a return to profitability in the new financial year. The board remains committed to organic growth and will continue to seek strategic opportunities in high margin niches within marketing communications. On top of that, they stated they had reduced overheads by £500k this financial year which should also have a positive impact on the bottom line. AIMO. GL
...are due out mid March, but could come in before. MMs just got a little windy imo as most days there are zero trades so they just got a little spooked with a bit of sustained buying,thus initially hiking the offer up to stupid levels. It settled back down and even had a small buyer @ 0.29p.
Well they have £1m cash in hand, while we also await the outcome of the shopping mall saga. Results due out this month....so you could wait until they are out....then make ya mind up???? Maybe if ya read the last few Rns's. GL.
......who bought £100,000 worth recently @ 0.5625p a few weeks ago. I wonder why us???? http://ie.linkedin.com/in/cormacacrawford Cormac A. Crawford's Summary Mr. Crawford is an Honours Graduate of Trinity College, Dublin, with Business and Accountancy qualifications, and is a Financier with wide ranging experience in International Finance, having worked with leading Global Financial Institutions, and founding a highly successful international asset finance Company (in excess of US$ 1.5 Billion in transactions), which was subsequently sold to GE Capital. He then founded a boutique Financial Services Company, which engaged in Client fund raising, Consultancy, Mergers & Acquisitions, and Corporate Reconstruction. He has direct investments in a number of successful Enterprises, and has acted as strategic advisor on Film Finance and Olympic Games Commercial Funding. Summary Detail At Banque National de Paris (BNP), he was the senior executive in charge of construction finance for the World Financial Center in Battery Park, New York, working closely with the Contractors, Olympia & York Developments. This challenging construction provided valuable experience in financing and project management. Mr. Crawford went on to found Shannon International Leasing and Financial Services Ltd (SIL) Group of Companies. The shareholders included Glen Dimplex Ltd, British & Commonwealth Holdings Ltd, and Allied Irish Investment Bank. As Chairman and Managing Director, Mr. Crawford delivered substantial profitability over 4 years, when he then sold SIL to GE Capital. During this period, SIL wrote in excess of US$1.5 Billion in Asset Finance transactions, across the major global Financial Centres. Through continuous innovation, he created new financial products, one of which was the largest Business Expansion Fund in Irish history, thus providing significant returns to his investors. He then founded a boutique Financial Services Company, Ailesbury Corporate Finance Ltd, which successfully engaged in Client funding, Tax-based Business Expansion Finance, Mergers &Acquisitions, Consultancy and Corporate Reconstruction. Specialties Recently, Mr. Crawford led the acquisition of a major Irish Food Manufacturing Company (with strong brand equity), outbidding a leading Global Food Conglomerate in the process. Because of his experience, track record of success, and international reputation, Mr. Crawford can deliver innovation and expertise, to assist Clients achieve their goals, through creative Financial Solutions. Contact: cormaccrawford@gmail.com Cormac A. Crawford's Experience Financier Ailesbury Corporate Finance Ltd (ACS) January 1996– Present (15 years 11 months) So can buy @ around half the price CC did.....Hmmmmm