The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
2mill buy
Puts my holding to shame :-D
Last full year results was 4th of feb.
So yeah, we should be expecting them soon.
It deserves an even bigger rise.
This stock has been shattered since covid, and has never recovered to what it should be.
Aren't we due about now for an RNS?
It should of been back at 60p ages ago.
But yes to your question.
**tumbleweed**
They're well prepared debtwise.
We just need to see this return to a reasonable level 50-60p
What makes you think there will be a squeeze to 1-300p?
I'm expecting this to reach at least 60p in the short term.
It will take years to get back to 300 - that will likely require a fair amount of share buybacks too!
Don't forget that there has been a few scrip dividends since which would of devalued the share.
But still, the SP is way below what it should be - its not even recovered at all since covid!
Would be good, i could finally empty my bag.
Interesting shout that. What would that do for the SP?
Come on RMM, wheres the RNS!
Personally the stock is heavily undervalued given that this is a working mine. The drop is SP was overly dramatic.
Value vs Debt is minimal.
I am doubting that a dilution will take place, but that new agreements are made.
Lucky, im what they call at bagholder.
I still consider this share to be very under priced...
No leaks, just a balance from the super over reaction we've all experienced.
what do you use for charts?
A DNL style proposition would be a saving grace for many.
Agreed Ajones, exactly my thinking
Considering HMSO finally hit a profit last RNS I thought this would of steadily started to recover, considering the SP being low anyway. One things for sure, asset-wise, we know its worth more than its current SP states, its just a waiting game for it to recover :|
Agree with you Ajones.
There are many solutions to this.
RMM is wealthy, just not cash rich, which it needs help with.
Only takes one investor/fund to come about to alleviate this situ, or even a renegotiation with its current stakeholders who are financially tied.