Member Info for Alessandro

Make a guesstimate how much it would cost to put together the technologies and the manufacturing sites and you will realize how much undervalued is the stock by market cap.

Of course top and bottom line have to bear fruit at some point .

Outlook is more important that past years burning money, if money was well spent. You can't achieve a global footprint for R&D and manufacturing without investing and making losses for a number of years before a turnaround.

MarquessR no worries, pun pardoned. To answer your question, As I read recently, as Unilever scoops out (pun not intended) the ice cream business, options include the sale to a private equity firm, and Unilever is actually investigating potential interest.

Also a listing on the NL stock exchange is on the card. I doubt Unilever will distribute a special dividend in case of a separate listing, rather, shares in the Ice Cream identity will be allocated to existing shareholders.

Donkeyeeyore from an insider you'd expect much larger purchases, you'd even remortgage your home if you knew as a certainty that the future was going to be bright. I wouldn't speculate too much on such small buys.

OTB has been overvalued for a very long time. It is worth buy more if (and possibly) drops further. It will spark my interest below 120p.

Does this mean that there is no net growth?

"The return to growth has been driven by a strong performance in Go.Compare,

alongside good growth in B2B, and a resilient performance in Magazines. This

has been offset by a more challenging performance in affiliate products and

digital advertising as macroeconomic pressures and low visibility continue to

impact the wider sector."

To 160p

I thought the mishap in Taiwan (earthquake) would have impacted the chip and semiconductor stocks but it doesn't seem to be the case.

Incredible reduction of debt while increasing dividends.

I wished for a greater volume increase but I can't complain.

FY results day tomorrow

How's the people certain to bank a quick large profit doing today?

The SP should see a discrete (or more) uplift from the announced buyback scheme. The distribution of profits through dividends alone is not helping the share price as much as it should.

I didn't look much into it but I think a significant slice of the revenues comes from customer's order for R&D purposes, so without the same reassurance of repeated orders as productive orders. IQE needs big contract wins. Is the market too immature to take IQE advanced products? Or is it down to a prohibitive price to benefits ratio?

I think you are right, trading update will be later in May with nothing major to expect (or we would have known earlier).

I was expecting the new CEO was much more on the productionisation rather than innovation and prototyping (although the two go hand in hand).

At the current share price the market cap almost matches the net asset. The share price has been extremely volatile in the past 20 years, hence the current weakness does not necessarily suggest more headwinds, uncertainty perhaps.

I will keep holding my small position (at least it keeps this little player on my radar).

Was this insane forecast before a share split?

24-Mar-22 RBC Capital Markets Outperform - 1,560.00 Reiteration

AEWU and AIRE look ok at a fist glance. What kind of trouble are you referring to?

Trading Update

Mary I thought you sold yesterday before the TU? You seem to highlight only your good decisions but not the poor ones.

Sold today. Reason being if SMDS accepts the International Paper offer the dividends will be subject to the 15% withholding tax, which is inconveniente for ISA investors. I banked a 30% profit however I will buy again in case of a merger with Mondi

Are the LFL's excluding the PBT from the opening of new stores?

I don't think it is all about the cash equivalent, and whoever offers the more will take Smith DS. I believe Smith will have to ponder the long term advantages of working "synergistically" with one or the other company, Smith may still prefer to go with the lower offer from Mondi.

Re. International Paper: if the acquisition materializes it will be a blow to the LSE, in addition to Unilever which seems very likely to list the Ice Cream business in the Netherlands. I wonder what is going to be left on the LSE in a few years from now with the current ridiculous valuations.

AbjectPerformer it is wrong to think about the merger in terms of equivalent cash offer. The "cash value" of your shares is determined by the % share of the merged company and its market value at any date consequent the merger. Mondi cannot guarantee you will get 375p or 400p once the merge is completed as Mondi has no control on the share price.

What you may argue is that you may want more than 46%, but that will require a thorough analysis that I believe is beyond your capability (it is insufficient to look at the financial statement, you will need to have the insight of a full board of managers assessing the benefit of merging operations).

I think at this point in time we could be quite happy if we trust the management and if we are happy to hold for some time and see how things go. If you are hoping to cash in 400p and run away and chase some other opportunity you are in for a gambling game, which it could turn out well for you, but it is not guaranteed.