RE: adv1127 Apr 2020 11:46
Thanks for sharing your views jamesmaggs. Strangely enough my broker won't allow investment in SSIF or SREI. They are among around 20 such companies on my quarterly/monthly dividend payers who are "not allowed", without any reasons ever given.
Yes I saw the "cornish pasty" programme. Although I don't know much about AD, my interest was stirred in the subject because 50 odd years ago my father was a clerk-of-works, and a couple of his projects were new sewage work builds. He used to often dump me at a laboratory in school holidays where they experimented on the bacteria, gasses and by-products. Wish I had got into that game at such an early stage, unfortunately I blew my school chemistry lab up, so wasn't encouraged to progress down those lines.
I made some initial notes from the SQN report that their top ten investments/loans were 1,3,4,7 AD Plants, and 5 was Suniva. So they definitely need sorting. No. 2 was a "diversified portfolio", then Glass manufacturing, Combined Heat and Power, Marine vessels, and paper mills.
I want to get back to read about the rest, which were another 6 AD plants, 4 IT and telecom, a Mobile modular, 2 Hospital investments, Lending, Remote Vehicles, Helicopter, Construction equipment, and 3 wind turbine investments. So there is plenty to go at if the company is put into wind-down.
As for the buys and sells, I am puzzled - my 4000 buy at around 2.56pm on Friday was the lowest price of the day up to that point - and it was a buy. There seems to be plenty of trades continuing today.
I'm sitting on what cash I have left until we get another big fall. I got a few amazing deals on 18th and 23rd.March, way below the prices shown at the time. Next time I'll be ready !