Member Info for Argadargada

Anyone care to guess what SABAs intentions are now that they have a 10%+ holding. Will they demand board changes, management changes or a winding up?

Premier Miton Group took a 5% stake recently to add to the already impressive list of investors that BVXP has on it’s books. I originally invested 9 years ago when the price was 1375p! I don’t think we’ll see those prices again. It’s a share that won’t be troubled by any AI fallout.

Well I’m happy with the “old codgers” as you term them. Although I think they are a great deal younger than you perceive. Yielding 8.33%, no debt and a reliable royalty income stream, plus a great “moat”, oh and as you say a price tag not seen since 2017. Keep talking them down please while I load up on them.

I see IBT are up over 5% today presumably because Pfizer bought Metsera and is paying 110% premium on their last closing price. IBT holds 1.1% of Metsera so there could be a nice payday coming.

https://www.investegate.co.uk/announcement/rns/international-biotech-trust--ibt/pfizer-agrees-to-acquire-portfolio-company-metsera/9123573

BVXP up 9.82% today. Anyone know of any reason for this jump? Is it to do with positive results for the alzheimer test?

There is also another podcast by Kyle Caldwell interviewing Peter Hewitt here:

https://podcasts.apple.com/gb/podcast/on-the-money/id1471624606

My only question mark is on CMPI’s performance fee. Most IT’s have dropped these now.

According to the Telegraph fusion energy may be closer than everyone thinks, maybe even before the end of the 2020’s. The UK is apparently leading the race to produce limitless energy from fusion with 2 main start-up companies - First Light and Tokomak Energy. IP Group owns 27.5% of First Light!

https://www.telegraph.co.uk/business/2024/03/13/nuclear-fusion-energy-britain-grid-sooner-than-you-think/

ooh, dear me we seem to have rattled damienmoore’s cage. i’m guessing he bought hfel at the top of the market from a tip he’d heard down the pub and now wants to **** off anyone who presents him/her/it with researched facts.

here’s another fact he won’t like. hfel has been a next generation “dividend hero” for 16 years. but hey, don’t let the facts get in the way of a disgruntled investor who knows lots about lobotomies, i’m guessing from experience, but little about proper research.

Sorry to have to correct you Damienmoore but no lobotomy was required and Henderson Far East Income was first incorporated on 30th. May 1930. It pays to do proper research!

In future people will look back on the HFEL yield in 2023 and realise it was the buying opportunity of their lifetime. I have held and bought more HFEL shares for over 40 years and the dividend has reliably increased every year. With a current yield of 11.86% and trading at a discount to NAV of 4.66% it’s a no-brainer. All investment trusts go through periods of out performance and under performance at times but I have been very happy with Mike Kerley’s performance over the last 40 years.

Interesting that Legal & General have just bought a 4.96% holding.

And the dividend was paid out of revenue with a modest addition to revenue reserves.

Hi Sam, I’d suggest you reinvest your dividend. Today Peter Gyllenhammer a well known shrewd investor has increased his holding in PCA to 12.56%. He’s no mug and often helps companies to improve, not that PCA does, I think it is a very well run company that has been overlooked. I’m still buying. A 6% yield and 4 dividends a year will do me fine.

Good to see 2 Non execs of FSFL forking out £50,000 and £15,000 respectively on FSFL shares. Interim results due on 14th. September. I wonder if they know good news is coming?

Https://www.sharesmagazine.co.uk/news/market/LSE20230811071503_4864877/edison-issues-flash-on-foresight-solar-fund-fsfl

Edison flash report on FSFL.

An interesting “insight” article from Baillie Gifford highlights the future for cloud computing and data centres. DGI9’s data centre holdings could become even more valuable. And all this data travels through undersea cables.

https://www.scottishmortgage.com/en/uk/individual-investors/insights/ic-article/sm-articles-2023-q2-the-rise-of-cloud-computing-10020406

Update today on strategic review says only that the share buyback programme is stopping. Not much more. If they are not buying back shares then perhaps they are going to use that money to increase the dividend. Oh, was that a pig that just flew by?

Up 10.22% today. I’ll take that, thank you.

David Stevenson in today’s FT thinks Digital 9 is ripe for a takeover by a private equity company. It has valuable assets in Nordic data centres and a fast growing Icelandic data centre business. Hope he’s right.