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Batten down till mid lockdown, time to build a war chest - I’m out GLA

Batten down till mid lockdown, time to build a war chest - I’m out GLA

After such stability why does this seem to falling off a cliff this week

So it’s not Richard Bernstein and Crystal Amber that have been selling as the RNS shows an increase in the holding. After their successful court action against the board it’s a positive that they would increase. Hurricane is the largest single bet by the fund and current holdings are 4% or less short of having to make an offer for the whole company. As an Activist investor owning the company does not look on the cards, more likely just a position of strength to dictate action.
Being in the position that our 26% owner has increased its holding by 1% while delivering solid results to its investors recently is positive, However it’s own biggest shareholder Saba Capital is NOT happy and has signaled its intention to vote against continuation and to reorganise, reconstruct, or wind up the Company. Looks like a bun fight and I’m not sure I’m happy that they are playing with my money

Come on - own up. Who’s the seller today :-)

Shame the Rough Storage facility got shut down, we would have more room to take on these new customers at a profit. As it is, I’m sure there will be a decent percentage of these supplier of last resort customers still with is in 12 months, if only because the cheap and cheerful sell it cheap and stack em high competition will have all gone off to their villa in Spain on the profits from last years low wholesale prices.

There we go 350,000 xtra customers and additional costs covered by the industry levy. Let’s have all these small players who don’t hedge out of the market. There are 70 players in the market trying to steal customers by selling below the market price with no plan for when it goes wrong. It’s too important a market for fly by nights. Share price up just short of 4%

Normally you would expect the result of a share reduction and a prospective dividend to be building in to the share price. Is it already priced in?

25th May RNS
The Company has been notified that court dates have now been fixed for early and late June and will provide an update to the market, including detail of the Company's future dividend policy, in early July.

Gas is a commodity and boiler insurance is something customers pay hoping never to use it. Replacing a boiler is a once in 20 ears stress and using this company is about a perception of quality over price has always been the target here to attract volume of customers - perception is the key - customers willing to pay for the high overheads involved in quality service. Any company can take your money.great Customer Service has to be a given (ad almost impossible to maintain is hugely centralised organisations) it’s either quality (perceived or real) or stack em high and sell em cheap

Steady climb off the back of lowest price for such a long time. That said. Just look at the ten year chart and wonder who is keeping this board in a job FFS

I generally trust the market to value a stock, so what are the reasons this stock is only worth a market cap of 45m

Free carried on Salinbas Development = finance is being provided as part of the deal, original RNS said $8m

It’s only 2 weeks until the reshuffle and ITV is 40 places adrift of the cut-off point so I can’t see anything will keep this in the FTSE 100. Has to have an effect on the SP, the tracking funds will have to sell?

My biggest concern with this stock is cost cutting Furlough and lay-offs - Corporate and business customers are cutting costs wherever they can and many will either not survive or lose many staff on their way to becoming much leaner. Vod Business revenue has to suffer And that will hit sentiment.

Are we heading for the 110 - 118 range from mid March to Mid May

That was some 8% rise today and most of it end of day, what news next week

Has the rally in to next weeks dividend payment petered out already

So OPEC et al have reduced production and demand has crashed, will be interesting to see how share prices behave tomorrow

Has this thing found a bottom and trading range or just taking a breather before stepping down. The mobile network is still a license to print money and during difficult times call and data volumes go up. No new models of phone is obvious. Sales staff all working from home will absolutely be getting great results with customers at home with time on their hands to look at what is available. From the outside I’m starting to see this as over sold