The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Pretty sure we are back to near the all time high. Certainly above pre-FTSE (that was low 2400's IIRC). Company has ambition, only thing which dampened SP was the exchange rate and uncertainty in the wider market and that is only one of those temporary cyclical things (IMO of course).
Shhh, people might notice :) :)
Woof Woof.
Hence the fall.
We'll see :)
Nah, its just not for the faint of heart :)
Or maybe they just have year end....
Full year results. Hopefully nice and steady, really like this trust and hope it can become a long term hold and value return generator. Shall see :)
Also, the price change has been due to the release (last week?) which slightly disappointed, plus the exchange rate swinging against Hikma. Correlation of FTSE 100 announcement != causation of the price drop in this instance.
Was offered 2.675 on the sell a few min ago. Nice 15% rise so far for the last 6 weeks. Happy to hold and see how this continues.
I have followed the QPP board at odd intervals and also the share price for the past 12 months, the main issue with them is that there is no way to qualify their SP. (For openness, I have never held shares there) Look at TAVI, to see why the price dropped to 2p, I read the RNS. To calculate other companies maybe the DCF shows a valuation near the current one (add some other factors and obviously it won't be perfect), but QPP manages to change in value overnight by 20% with regularity, and NOONE has the foggiest why.... It's one thing for a company to be on a downtrend, but those guys are on a trampoline. IMO if you want to invest in a company with the possibility of a higher reward, make sure that it is one where price changes reflect market conditions and news, as this likely means there is some sanity involved!
I expect that the SP will not actually move until mid February (you could argue that the buy price is moving, but that doesn't help if you hold). Remains to be seen obviously. GLA.
This share definitely seems as though it has legs to get up to £8.50+. I was fortunate to buy in at £7.72 and it seems I was able to grab the bottom. Nice to be able to lock in a 3% gain with a stop loss for a weeks investment. Overall I think that beating 8% for 2015 (ignoring bank rates), shouldn't be too hard. January has certainly been reasonable so far.
Nothing gained, 1.1k in and shall sit back and relax.
I would be tempted at anything over £15.50. Purely because its it would be a pretty clean profit. Nice to see that people care about the resignation, but care more about the prospect of a takeover :)
I'm looking at the ones at 8:00:10. I don't get the live buys and sells, so guess you can see more recent ones than me (no real point in having them from my end).
Thought I would see how your punt went. Looks good for you so far :) Also, the sells are likely sell orders for when the SP reached a certain price. Placed days ago, and now they get locked out. ATB