The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
8% up today, on little volume, any reason why?
Havnt looked at this for a while and judging by the sp the news wasnt very good hey?
You dont pay commission on offers.
What a crock this share is too! No movements, massive spread, no new news!
Sorry yes should include fees and offers taken up. I highly recommend the spreadsheet aswell, i set a simple one up when i first started trading just to track my breakeven points and provide a snapshot of how much im up or down inc fees etc.
number of shares post offer divided by initial cash investment
I think if i didnt take up the offer my b/e would have been £7! lol
Thank god another positive day, come on need 24p to b/e! lol
Massive drop and no posts? whats going on?!
So here we are then, new name, new sp, lets see where it heads now! Ive only got a very small holding, took up the offer and bought additional few shares so now hold 200 shares with a breakeven of £1.89.
At last we have positive movement! wish i topped up at 8p though!
http://www.investegate.co.uk/Article.aspx?id=201007220700177286P
Your right i think theres a lot of holders with a small amount of shares post consolidation. I think il hold about 200.
Update on consultations with the Pensions Regulator Uniq, the UK chilled prepared foods group, today announces that it has received feedback from the Pensions Regulator following recent discussions concerning a proposed long term framework for its pension fund (the Pension Framework). The Pensions Regulator has stated that the Pension Framework, as currently constituted, does not meet all of its criteria for clearance. The Company and the Trustee continue to work together to seek a resolution for the Pension Scheme and the Company anticipates it will take some time to resolve. As previously stated the outcome of this process will have a fundamental impact, either positive or negative, on the Pension Scheme and on shareholder value. The Company will release its interim financial results on 22 July 2010.
It depends how the market reacts to the new company listing and consolidation really. Ive gone for the offer and opted for additional shares aswell, purely to lower my average, as it i did nothing my breakeven point would be £6 per share! Now it will drop to around £2 a share.
nice tick up again today, maybe there is finally light at the end of that tunnel!
Why would you buy now though? surely you should buy post consolidation? or am i missing something?
Thanks you too.
Up she goes again, im so glad i didnt sell at a loss like many others here!
The directors wouldnt have bought in at 13p exactly a month ago if they thought the company was going to go down the pan. I think as posted earlier, its the sector and markets as a whole i guess.