The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Great results. I am sending Darren a pack of tinnies.
It’s shrewd of DB to post this good news story today. He will most likely follow it up tomorrow with an even better good news story of the full year results. With luck it may include an update on the Abra story and get the SP back to where it should be following the recent debacles of the interest payments and Mr Candy’s untimely sale. I also hope Darren can bring himself to blow the MTL trumpet a little louder.
GLA LTHs.
I followed you in Lee. At under 4p its a steal.
According to todays figures the buys outnumber the sells by almost two to one. I am a little out of touch as on hols in Greece. I will need more ouzo tonight.
Fingers crossed that come Autumn time the market doesn’t punish us for a Labour Government. Having said that, the future is bright for RR whatever the political persuasion of the next Government, the few months ahead an opportunity to stock up on RR and shares with the right credentials – gold & mining stocks plus retail in my case.
In this fragile world RR is about defence as well as nuclear power. Here in the North West of England I know that BAE Systems have been taking on many new apprentices at both Barrow and Preston and probably elsewhere; in readiness for what?
My guess is that the Government will be announcing contracts a week or two before a late Autumn election. Those contract places, regions or towns Red Wall areas, will be where the Tories hope to regain lost votes. Call me cynical if you like.
Well worth a read in the context of energy supplies and the real way forward without China.
https://dailysceptic.org/2024/04/30/the-case-against-net-zero/
I think my first MTL shares were bought about 2016 via Share Shop - remember them.? They were bought out by ii (Interactive Investor) so I lost track of the actual date. Through thick and thin I have been here and have no intention of selling.
Mr Candy is probably looking to buy a new yacht with his tiny sell. Him timing is interesting but staying in big time indicates his holding in cash terms will stay the same but more probably increase on Friday's expected news.
GLA for Friday.
@milnrowmug. Yes a staffing issue in part but JDW management must be aware of this practise being widespread. I wouldn't know how to raise this to director level but it needs to be done if this is, or has the potential to become more than a minor loss on the bottom line.
My old gran used to say, "take care of the pennies and the pounds will take care of themselves". Take note JDW.
Weather is warming up a little outside seating picking up here in our 3 local Spoons,
Probably the temporary drop in POG. Same is happening to HOC and others too. Very short sighted in view of the potential news in a few days time. On the other hand these sellers will be sitting on a good lump of tempting profit from recent months.
"I believe saga is a sitting duck. A ready made brand for Carnival"
Only if Uncle Roger can be parted from his baby. He had a chance once before but chose to block it and to deny shareholders their chance to recoup some of their lost £s. Someone on here will remember the offer price he rejected about 3 years ago?
I suppose the numbers aren’t too bad although it does appear that Uncle Roger must dip again into his very large pockets.
The last I heard was that Saga had set an April deadline for their “strategic initiatives broadened to include potential partnerships that could support growth”, another woolly and unsubstantiated promise of jam tomorrow. Meanwhile the man from the Middle East may have jumped overboard and swum to more welcoming waters. Who could blame him?
The market is not impressed and neither am I.