The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Same here, kinda got ramped into investing in sweet china when i had spare bit of cash and have regretted it ever since lol!
Massive uplift in sp and still not broken even lol! Shame its on a friday, could have done with a rise like this all week!
hope so, ive been in this ages with a b/e of 24p as didnt have funds to average down!
Wasnt it an offer they had a few years ago that they have the option to buy shares at set prices?
Well ive been holding a long time, since the old china foods days so happy to hold a while longer!
Nice buying activity today. Lets hope it continues!
http://www.investegate.co.uk/Article.aspx?id=201010290700102167V
I need 24p, roll on good news!
How high can this sp go? 20% up today is all well and good, but hope we dont see a retrace 2moro!
Seems to be slowly ticking up on small volume.
Nice movements but ive been in this a while and need 0.49 to b/e!
Doesnt matter about the size of the investment, its about having the faith/balls to jump in for the ride. Expectations are for it to rise.
From a sales and revenue point of the view the company is headed in the right direction but the statement about 90% equity swap is a bit concerning for us shareholders: The Company's proposals involve an effective transfer of 90% of the equity in the Company to the Trustee in exchange for the Pension Scheme giving up its claim on the Company. The Company would also offer the Pension Scheme a put option to sell a proportion of its shares back to the Company, at a pre-agreed price per share, for a total consideration of up to £25m to £30m, funded through the cash generated from the proceeds from the disposals of the businesses on the Continent. The final details of these proposals have yet to be agreed with the Trustee. I guess the pre-arranged price to buy back shares will impact on the sp price going forward.
At this price im even going to top up and ive held a shed load forever!
drilling and having rigs in falklands.
Although still a bit to go to get to my 0.45p b/e
missed the boat, was looking to buy in at under 9p this morn but had a meeting and didnt set my buy order! now look at it. my b/e is 24p, so any increase is a bonus to me!
Holy ramp batman!
Up again on small volume!
And why would you say that?