Member Info for barchid

FD & Peaky
I agree, 3 months is far from ideal & the post December outlook is not great
FD as you say in your post the news elsewhere re divis is good, witness a particular rns this morning.

FD
Covenant updates rns out now, any thoughts ?
Also the full, unexpurgated accounts too...

It has now been over 3 months since the RNS which punctured the JIM share price.
I think we should really have been updated by now as to any progress but managements silence is deafening, sadly.

Dibs
Did you have an argument with Santa today or are you dreaming of a bleak Christmas ?
If you hope to pick these up at 5 for a pound, as they say in Christmas markets, I fancy you might catch hypothermia in waiting.
My cheapest purchase was 23.75 ish in October, I always find "TP's" are illusionary, but good luck, Santa might smile on you.

But does he now what a bond market bish bash bosh is?
Unlikely imho, although he's probably the right age...

Bish bash bosh, anyone would suspect that you used to work in the bond market ?

Superman
Does someone pay you by the word for the verbiage you write ?
Just wondering...

Herr Kapitanin
At last a sensible movement (non bowel).
About time too in my view, but rather a long time in coming, however it looks like a decent stake could be being built up.
This has tested my patience over the years but it could be a takeover target now, still very cheap lmho.

FD
Superman puffed them at 80, sold them at under 50 then went in again higher up (by his own postings), (they are now 39), thought RF was wonderful and if anyone posts an alternative viewpoint he can never be bothered to review it & consider points made but acts as if he is the headmaster of the BB and is never wrong.

By his own admission he does appear to have the reverse Midas touch...

FD
As usual you have encapsulated the essential numbers, when I looked at the rns this morning my first thought was "these are better than expected" followed by "why haven't the shares shot up, or even firmed a bit", then upon looking at them I realised they weren't as good as I first thought, having seen your post I went back in to look in greater detail, & you're right.
IMHO I believe that the estate is unlikely to be saleable at their valuations, commercial property has taken a walk in the park in the last few months & with the brewery not showing much of a divi for MARS 40% stake the real bet is on the estate, which is weighed down by debt in a rising interest rate environment, less than ideal...

It might even be a BSA bantam coming from Brum ?

So after the results which do look good they are spending about £10m on another SME manager, I was hoping that this year would be a period of consolidation whilst digesting what they already have but this is apparently not to be, management have other ideas, clearly.

Pleasing RNS today, divi up, profits & AUM both looking fine at a first look.
New investment into 2 more portfolio companies, one of which, Axis -Spine I know of & is very promising imho.

Spikey
Agree with your thoughts, I think taking the bull by the horns earlier rather than later is the way to go.

lejjb
Understood, thanks for the conversation, always good to hear a sensible & different perspective than ones own.

lejjb
Yes I get the downside protection bit which is probably much more effective than a simple stop loss.
I am just a bit cynical about reading too much into charts, they can be a great pointer or guide at times, providing one is aware that many people are coming to the same conclusion looking at a similar chart.
Sadly pubs & other hospitality shares have so many unexpecteds thrown at them currently, (labour shortage, power costs being just 2), that past performance as on charts has less relevance is what I'm really thinking.

Really ?
Has it made you any money, changing your mind on movements of less than the bid ask spread on the stock seems rather odd to me, & I suspect many others.
If TA was all you cracked it up to be you might find everyone was doing it, then it becomes self defeating.

lejjb
Please don't think I am cynical, but 8 days ago, stock was 39.64 & "going to low 80's", yesterday stock 37.12 "mildly bearish", today stock is 38.14 "looking good again".
Are you for real or just having a laugh ?
Serious question...

Volt
Dream on

Teddy
You are spot on, all these "won't make a difference" posters must be delusional.
This article is about as bad as it gets, next week the Guardian will have someone in there or someone interviewing ex employees and on it goes.