The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Troajan, that's an interesting link.
I don't think anyone is expecting miracles and I'd like to think that slightly poorer results are expected.
I don't know who organised the rugby WC, but it was a disgrace, imo.
My missus loves a bit of egg chasing, but missed many games because they were just too far apart, hence her basically forgetting about the whole tournament most of the time. All while we were sunning our butts in the Canaries too, so she could watch at her leisure.
Too many awful sides allowed in to make it look the equivalent of the footy WC, imo.
But hey, what do I know?
All I know is they missed her eyes on the game and that hits ITV.
Pogo, it's a shame you didn't space your wording better.
That's a great post that just looks difficult to read.
So in your opinion, a good bet? I agree.
Meanwhile, if people don't like what Tom says, just filter the weapon. I did ages ago and this board is a much better read for it.
I'm taking the dough on this one too.
Hit my AJBell account today :-)
Add, I didn't think I was alone in assuming it meant there were 20 possible buyers. Or maybe I was.
I thought that was the part that made the SP rise a bit?
I do think your reasoning is very plausible and probably not far off the mark.
That Spanish article looks highly dubious to say the least.
"These statements originate after a note from a Canadian specialized media that indicated that SolGold held meetings with companies looking for buyers of the Cascabel."
So no direct quotes.
Although it does raise a very valid point. Why everyone assumed (myself included) that the 20 in the data room are all prospective buyers, it is very possible that they're mostly or even all entities that might just want to fund it in some way.
Whatever, if this was most other companies and not SOLG, I'd expect an RNS either denying or confirming it's truth, because it could be seen as possibly affecting the share price.
I'll bet we don't get one though, in which case I don't know what to think.
Could the article have been fabricated with the aim of playing down expectations of a sale?
If it turns out that this article is true, does that mean any of you would bail?
Questions, questions.
Janus1, it would seem you missed this line when you quoted me totally out of context;
"I'd guess more like 5% though, if that."
A mistake or just trying to prove some point?
One person mentioned a 10% share price change expected and I non seriously said I'd take a 10% fall, followed by the line above.
Daytradenovice, I agree about the high sp part.
When I had a fair holding here during Covid and this was about 9 quid, I remember saying then that it was the time to do buybacks. Tbf, it was a time of panic, but this was never going bust. They could have bought 3 times the shares for the money, equivalent to 10 billion now. A missed opportunity, imo.
Agreed. I'm always interested to hear the thoughts of people in/from other countries about those countries.
Stops us being so insular, imo.
It's not as though it's distracting from much, is it?
L&G just keeps on doing what it's doing and any chat on here is better than none at all, again, imo.
Fort, there will be no bid beforehand.
Covgaz, I totally agree with you. Nothing will happen.
In which case, my 5p stands Fort.
Except I refuse to believe it will go that low.
It just can't.
So my final offer is 10p come the AGM.
I'm clueless. Just the same as everyone else.
Fort, I know your position.
You think they're going to produce a rabbit to save their skins.
I don't see it, I really don't. Purely because I don't believe there is one to be pulled.
In which case, it's very worrying (or really good if you're like me and want to add as low as possible).
Given that I can see 7 coming up quite soon, it would have to be around 5p.
Wow, surely that can't happen?
Yet, I'll bet there were many who said not long ago, that if this hits 10p again, surely the bids will come flying in?
I suspect that Tex bloke (an alternate handle, without a doubt) actually is not far off the mark and if there were no buyers at 0% interest, there aren't going to be any now and it'll just be dragged out for longer and longer.
The board are now just relying on the big boys to keep them in for the stability, imo and whatever us pis think won't make a difference.
My guess is I'll still be here this time next year, saying the same old.
Fort, just because I don't post here every day (usually because I have nothing to say), it doesn't mean I don't look on here and think about it a lot. I've held here for 13 or is it 14 years now? I forget.
Anyway, here is my last top up here, taken off the transactions section of this very site;
SOLG.L 34829ebXXXXXXXX Buy 8.472 24,999 £10.59 £10.00 £2,138.51 24/10/2023
Not much conviction there, because I always had the feeling this was going lower, but it brought my average down a bit.
So I am willing to buy.
But not yet. Having taken everything you've said into account, I still feel absolutely no desire.
Down another 4-5% tomorrow is my bet.