Member Info for Auson

1pencil,

Cancel that I was trying to find the correct funds market cap, but it is 3.9% by value of whatever that is / was . The value stated on 31 July report was 2.7% of the Third Avenue Value Fund on 32,614,660 shares.

1pencil,

Just based on the value funds market cap 3.9% of that if calculated on on the 35m holding of SFOR would equal £1.75 average. Which to me doesn't add up.

1pencil,

Are these guys still holding the same ?

Third Avenue Asset Management

Top 10 Holdings

as of September 30, 2024

PORTFOLIO

Capstone Copper Corp.

7.3%

Deutsche Bank AG

6.0%

Bank of Ireland Group PLC

5.0%

Subsea 7, S.A.

4.8%

Buzzi SpA

4.8%

Bayerische Motoren Werke AG

4.4%

EasyJet PLC

4.2%

Deme Group NV

4.2%

S4 Capital, Plc.

3.9%

Ck Hutchison Holdings, Ltd.

3.8%

TOTAL

48.4%

Lufc4eva,

Yet no TR1s from any institutions yet.

We had Aedos ( which I think is SRM Advisors ) at 8.06% and LionTrust Portfolio Management 3.41%. Raymond James Wealth Management 0.92%

Might pull back to 28 but lets see if the buyers come in !

'The state of Vistry’s balance sheet has also raised some alarm with the Swiss bank.

Net debt at year-end is now expected to reach £200m, significantly higher than the previous forecast of £50-60m.

UBS estimates average monthly net debt for 2024 could climb to £550m, with total adjusted debt, including provisions and joint venture obligations, reaching £1.8bn.

This would represent leverage of 5.3 times earnings before interest, taxes, depreciation, and amortisation—a level UBS believes could force Vistry to prioritise debt reduction at the expense of profitability.

UBS highlights several key risks, including whether the balance sheet is adequately funded given the steep profit decline, what a realistic profit trajectory for 2025 might look like, and how quickly the company can recover.

While the upcoming trading update on January 15 may offer some clarity, the outlook remains uncertain.'

Mingles1,

From Brandtech Group

'The Turnover and gross profit has decreased year on year due to contraction of client budgets. These services

involved less dependency on the external resources hence the gross profit margin percentage was improved.

Operating loss increased because of decreased gross profit, impairment of investment in Mofilm and increased

due diligence cost on potential acquisitions, however loss after taxation reduced due to dividend income from

Its subsidiary Gravity Road Limited. In FY2021 there were no dividend income as the subsidiary wanted to hold

cash to fund its operations during Covid-19 times.'

Digitalboy1,

Isn't that normal for the liquidity here ?

Samula,

They would take 100,000 shares for 31.3p just before close

BOR just went into auction at 11.26am

Fair bit of buying on BOR this morning almost 5m shares. I took a few just under 2.50

As this is a re-rate ( in my opinion ) I don't think charts can show too much, we have to look at 5 year chart to see a gap up to 40p range then 10 year chart to see gap up to 60p range. The 12 year chart however has a nice gap up to 143p

Neilius,

Just went into auction at 10.16 am

Ralph2010,

As I have said all along, it would be better for the project and for Navitas for there not to be an offer. The option of fund raising and having a UK listing even with a £500m market cap is significant. FIG can help defend against a take out through tax liabilities.

Bigjock36,

I think the shorts increased on 27th in low volume holiday trading to suppress the recovery. They are well in profit and can afford to 'double down' whether that is profitable or not !

Just paid

I think this explains a thing or two

'FeckhamHall

Posted in: DEC

Posts: 28

Price: 868.50

Sell

Toxic stock/Toxic board4 Sep 2024 22:18

Learnt a long time a go with Falkland oil stocks, when a stock is going down the tubes and a-holes are suggesting it's hit bottom and buy more. Walk away, it's a boring, over shorted stock with nothing exciting about it. Move on!'

FechamHall,

You have given zero facts ! You state 'Given I was correct and the SP returned to where it was '

The shareprice touched 12.5p in November after the Navitas update. You seem very confused you sure you are posting on the correct stock ?

I would add you were calling pump and dump a few weeks ago when we dipped below 20p ! Yesterday we closed at 26.5p so it appears quite dangerous to listen to your advice at all !

Daikihaku1,

What did you buy the £5 shares at ?

User02,

Anything north of 10X from here would be pretty good !