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Have been watching RT and their presenters etc saying Russia does not want war. I want to believe them but the one topic that is not covered is the troupe movements of the army which has given rise to the idea that a war is planned. No one know of course, good chance won’t be a hot war and one is paid to take the risk here. But if war the question re dividends is how Russian companies will pay dividends in UK a as no access to Swift could make the movement from Roubles to Sterling difficult.
Fond memories. But the climb back then was rapid and perhaps could now be repeated as no real rise for a few years but the investment portfolio has done well. Now that the underlying business is looking stronger and value is sought by the market this ship may sale ………here’s hoping.
That is encouraging. Feb 24 will be key date......Block reports. Hopefully figures won't look like PayPal's.
I guess one could think that they are emulating Anglo American by ditching their coal assets?
Could not resist the value on offer here and so have bought. 5% DY. Enormous discount to NAV, rising profit, rising value of investment portfolio and rencent director purchase. Results due in a few weeks should make this rise. Great long term. I recall years ago they were going for 60p.
Surprised do we know that’s their reason for selling?
Well one can always make the argument that black is white and a low pe indicates expensive and high cheap lol. Pe is an extremely useful tool. Block at 100 per screams it’s expensive. Maybe Surprise me and explain how it is not. Anyways I see Kinder……a us company is dumping Think…
Actually the sale of Chrome is small as it’s R100 million………
Just read the recent update. I see 100 million gonna be paid to us for sale of Chrome operation. Mineral expl updates due. Strong cash generation. Patience will be rewarded here IMHO.
Jupiter reducing……..
But look at large investors exiting Jupiter?
Percentages similar. Coincidence?
Discount to NAV typical of this sort of co. Also, consider directors pay which could take a substantial slab of assets.
As good as Facebook?
It’s ST latest write up.
Although if you look at the history of buys, they often mark a turning point.
Consider the rational for the 7.12.21 RNS. The price drop that day imho was the reaction of Think Smart to the note in Square accounts of the Think Smart holding. From memory about 4 million £.
Perhaps the board realised the Independant valuation of its holding was not guaranteed.
Your platform should help you vote.
This could recover in time if Nasdaq and Block bounce. But given the rocketing 10 year now at 1.7% most likely this will slump in the short to medium term. If deal voted down expect litigation and return to 14p.
Oh, apologies, I see St has updated. Hmm……..re analyst predictions re Block share price. Also remember the entry in Square accounts re their valuation of the Think Smart holding. If Block exchange blocked I would not take the put call ration valuation as gospel. Dispute re valuation could end up in litigation. Will bounce tomorrow perhaps on St article.
Will be Surprised if this rises this year. Block on the chopping board. St updates house builders today with rather unexciting update. Complete silence on his over optimistic predictions for Think Smart. Previously stated at around 100p valuation End Play to the Upside! But reality has been a crash through the downside.
This looks positive
I bought in on the St valuation which he said “the risk to valuation is to the upside’ when they were 90p. Another case of him being way to optimistic.