Member Info for barchid

A cut price stradivavious courtesy of HMRC, check out their bio science investments, Dr Jourdan who is the lead manager, is regarded by many as THE man in aim, he most certainly does not skin his investors either, 1% over nav to buy in as an existing investor. Snag is at an AGM he does have the feeling to sometimes play a violin, if he doesn't, plenty others do ! A string version of you oompah band in fact.
I held Northern vct's from the start. they were excellent at circumventing tax rules, I did very well in them, in fact when they made new issues people actually drove to Newcastle to beat the other applications in the post, I kid you not...
Then in 2015 the rules changed, their performance since has been unexciting to poor so I was underwhelmed when MERC had a large placing to buy them ! Mainly to inflate AUM. The previous owners will "hasta la vista" when the handcuffs come off, but I suspect they were past it as vct managers, that game has changed massively.
Have a good weekend

Nigella
Far be it for me to assume the Mystic Meg mantle but I think one can sensibly say that markets have had a few years to weigh up where we are and where we might be, and markets are usually right(ish).
We either have a WTO exit or a slightly soft but mainly fudged brexit so my guess is that after the first week of excitement we will all settle down. Marstons, not a great exporter, is much more affected by covid than brexit.
All the "pump & dump" is mood music to play behind the dating app to give the impression that they work at the World Bank in Washington as their day job.
Then we have "superdud" who has mild dementia, it has benn noted that he usually hits the keyboard about the time he has just plugged the love of his life, the Tesla, into the economy seven socket, so we will probably not receive his pearls of wisdom until tomorrow morning.
I trust this helps ?

Fair Dealer
And only just appointed too, so we still wonder why ?
If the price moves up much more a RI would surely be tempting to the BoD ?

Nigella
I sympathise with your wondering about why the movement today, at one point through 70p, because the (apparently professional) derampers on this board would have you think that we are all doomed and will maybe need to smoke dope to cheer up, let alone other suggestions which we can ignore. Quite why a few posters think they might influence the SP by making weird & wild statements I don't know, but the number of confident price predictions makes me wonder why they don't post under the name of Mystic Meg or something similar.
They are quite quiet today, perhaps there is a seance on somewhere....

Mr_Rooster
You are utterly correct but I merely used that exchange rate as an illustration that the Europeans were not the haves & we were not the have nots as stated because we could, for instance, as I pointed out go to Switzerland on a good holiday without needing a mortgage, which most of us would need now. Simple as that, last thing I want to be drawn into is a brexit barney, all I want to establish is an understanding of Tesco's prospects in the next few years, which personally I am bullish about due to their scale but especially their online presence.
I am on this board to try to make money

Gavster
It actually was not quite as bad as you state, we joined/entered in Jan 1973. At that time £1 bought almost 8 deutsche marks, Put that into euro's is about 4 euro to £1, which is how much our currency has depreciated against Germany and many other EU currencies so we have not had an unalloyed success of the EU. We certainly did not enter it as paupers as you seem to imply, with that exchange rate Switzerland was a very popular holiday destination !
There were good points & bad points, as there are in any situation, financial services did well, heavy industry did badly, but life goes on whatever, so crying into your Tesco purchased beer should not really be an option.
We are where we are !

Gavster
You make some good points here but one thing which you do not seem to have factored in is how much food we will be buying, after a relatively short time, from non EU countries which can supply food at much cheaper prices than the EU allows.
I am sadly old enough to remember how much food went up in price after 1973, it was a very significant amount, so much so that it had to be tapered in over a few years, due to (then) EEC subsidies to their inefficient farmers.
Argentinian beef for instance, much cheaper, as is South African, not to mention fruit being allowed in from countries who are in season when we are not. I'd back Argie beef against Irish any day, thanks very much !
So there will be swings & roundabouts, you may well be surprised at the high quality & lower costs of produce which for various reasons Brussels prices out of the market currently.

Daave
Always good to hear from someone at the sharp end on these matters, you have actual knowledge of the business as opposed to the pontifications of petty economists with short memories !
Please continue to update us as events unfold.

That sounds encouraging, thanks.

I doubt you see much business on a postcard, why not stick with tinder ?

Scharnhost
I am a happy (small) holder of Oxgene, but without wishing to teach you how to suck eggs, Amati aim vct has a great record, pays 5%pa tax free divi & you receive a 30% rebate from hmrc, if you are looking for a tax efficient (aren't we all) with no cgt after 5 years of holding.
Well worth looking at their holdings, much leveraged towards small pharma, you might well be impressed.
I've held them for 8 years & have added each year, certainly they have been more successful than the Merc eis/seis offer, which although does not mean that holding Merc is the same as their punters, but their "incubator" does suffer hiccups ! I have run out of alka seltzer....

Fairdealer
Good point re NZ, only half the distance away is the hop industry in S Africa, which used to be there for lager style beers but there is now a really flourishing craft beer industry all along the Southern Cape. Farmers, (like Tesla owners) always tend to grumble but they call "wolf" too often to be really believable, imho. Also they don't spout as much bile as some Tesla owners either....

BTW "answers on a postcard", surely Tinder is quicker ?

On Dec 10, a mere week ago, Ms Smith said "within reason Mars combined with Carlsberg are a safe-ish bet. They will be making far better profit margins & the SP has lots of room to bounce back. This is a golden opportunity"
Price then 68.55p, price now 64p. So why her "damascene conversion" in a week ?
Like most other posters here I wonder if superduds dementia could be contagious on this board ? I frankly don't care if I disagree with someones point of view, I'm usually interested to hear it, but in an afternoon we've seen one poster go from Woodstock to a hop crisis, what are the chances of "Lucy in the Sky with Diamonds" later tonight . Mark you, the optimist in me is hoping that it could be "tune in, turn, drop out", that might assist genuine discussion.

Maybe reinvesting of dividend, it was paid today ?

I agree but any idea why all the activity today ?

Thanks it was interesting, but I pity you if your commute is that long !

Let us hope Bojo is back by Christmas, as promised, else we will have to put up with another soccer game on 25th...

YoYoMa
Good post, I especially second your thoughts re people whose livings are derived in the entertainment/hospitality businesses.
They need a bit of luck at the moment.

And their value brand called "Idle" ?

Perhaps your Boris (bankrupt Becker) has already run it through your enigma to try to confuse the bankruptcy court in Carey street ?

A sad troll if ever I've seen one, and apparently suffering with mild dementia given his memory lapses.