Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Nuri, I hope you are wrong as I just bought a stash for 3.90801. Falling knife? Maybe..
Quite a moderate reaction. Some priced in already?
That's an excellent question! But since the Evergrande fiasco has gone global I think the answer is that every one does. If the Chinese govt steps in then not so bad but it seems unlikely they will because that will send the wrong message to other profligate Chinese companies. Chinese economic slow dow is invevitable it's just the degree that's crucial. When the Chinese economy slows the knock on is of course global. Worst case - it's Chinese Lehmann Bros.
https://www.forbes.com/sites/russellflannery/2021/09/20/hong-kong-stocks-drop-as-evergrande-rout-deepens-property-banks-plunge-as-contagion-spreads/?sh=48786a424450
I agree. At 245 I thought I'd be onto a winner but it's never that easy!
Admittedly I don't know much about the arcane mechanisms of the stock market but I have been a share owner for some years and my understanding was that UTs did not significantly impact the sp because it was a balancing exercise. I am always ready to learn otherwise!
I will keep a keen eye on what happens in the morning.
My broker shows the sp as 245p.
There was a sale of 6,947,699 shares at end of day Friday for that price.
For the record,
23 Sept goes xd.
1.8p/share,
14 Oct payment
"Stock market newbie Wickes (WIX) has failed to win investor support but this may change after it ‘smashed’ market expectations in interim results, says AJ Bell."
I bought a few more this morning as part of my 21/22 ISA allowance. Wickes needs to work on its website IMO but I think it's just getting going after leaving Travis.
Says persevere with Unilever.
“Nick Train has encouraged investors to ‘persevere’ with consumer goods giant Unilever (ULVR) as its Indian subsidiary has rallied significantly. “
https://citywire.co.uk/funds-insider/news/expert-view-unilever-hochschild-mining-emis-speedy-hire-and-lookers/a1552598?re=89144&ea=476475&utm_source=BulkEmail_FundsInsider+DawnChorus&utm_medium=BulkEmail_FundsInsider+DawnChorus&utm_campaign=BulkEmail_FundsInsider+DawnChorus#i=2
“Arizona sells Unilever bonds over Ben & Jerry’s Israel move“
https://apnews.com/article/middle-east-business-israel-boycotts-arizona-ee58d0d7ea761c527f14204fbc440e32
Signs are that you don's know what you are talking about. Patent infringement is a civil matter and fines are not imposed; financial remedy is awarded as 'damages'.
Claims for patent infringements and the defences that can be raised against such claims are exceedingly complex and the only winners will be the lawyers.
The classic example is the battle between Edison and Swann. Intelligent people, they resolved the matter by forming a joint company - Ediswann. In the case of Autostore greed has apparently trumped intelligence.
The message I am getting is that it is Autostore pushing the idea that the lawsuit is a matter of critical importance. Autostore is pushing to increase its size and value over an infringement claim it could easily lose and which even if it won may well be worth far less than it tries to claim. It’s a confidence trick in short.
The only chance of an imminent £5 sp is on news of a takeover. IMO.
Pure escapism. What can possibly go wrong? Put some pounds down for a share in the action, anyway. Just for fun.
Sadly it seems ULVR is being battered by a political storm and that seems most likely to be its problem. Nevertheless, and with no political motive, I have bought a load more at 3932 this morning. Given time I hope that will prove a good move.
Much as I like the idea of tying up some capital in Britains leading high street brand, it's the words 'high street' that fill me with fear uncertainty and doubt. What plans does MKS have for dealing with its increasingly dead-in-the-water real estate?