The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Indeed:
15,392,202 is just over 3% of the shares
8,674,150 is approximately 1.6615% of the shares
My guess is that we'll see a significant reduction in the short position of both Helikon & Astairs on Monday evening - as the late trades will not make it to tomorrows short data - due to the days delay.
We are not at 25p yet - Mac - but we are well on our way and the continued de-leveraging of debt is a sound business plan which will have a positive impact on the SP.
And, once the debt is substantially reduced, maybe by the end of 2025 - then what are they to do with all that spare cash? Did I hear someone say dividend??
Ouch! But, nothing goes up forever (except Gov debt maybe). We've had a good run up and some profit taking is to be expected - but not sold my holdings.
Just read the latest RNS - not good news at all, yet another AIM stock being diluted to death.....
Ans where the **** is the bond deal, if it really was that good and or immanent - then why do the dilution??????????
It's nice to Ceres pick up again, and the last few days have brought a smile to my face.
I've been in CWR many years, bought in at 6p before the 10:1 consolidation, watched is go up and up and up - sold half my holding at the end of 2020 and paid off my mortgage - that really brought a smile to my face. But, I've kept the other half and topped up recently into my ISA - because I think there is a fantastic opportunity with this Company.
The technology was what originally interested me in CWR, there was enormous potential in just the original SOFC technology and now we also have SOEC as well. Both fantastic technologies that answer many of the current climate worries.
I attended a technical briefing recently from Johnson Matthey (JMAT) about their electrolyser technologies and catalysts. The used of limited rare earths, the high pressures and temperatures needed to make the systems run well - all present very significant engineering challenges.
New to here but not new to Ceres and this could easy 10 Bag from here ( in a few years) - foxhat you might even get your money back :)
Now that's what I call a good RNS, happy with GMS this morning.
Hi Folks, now at 9.98% shorted. Millennium added again yesterday and I see no obvious signs that anyone other than MW have reduced. MW currently holding 0.48% or less, we'll not know anymore as they are below the threshold for reporting.
Millennium Capital Partners LLP 0.87% 3 Jan 2024
Millennium Capital Partners LLP 0.66% 2 Jan 2024
Marshall Wace LLP 0.48% 2 Jan 2024
Marshall Wace LLP 0.57% 28 Dec 2023
Helikon Investments Limited 3.30% 28 Dec 2023
Marshall Wace LLP 0.65% 27 Dec 2023
Marshall Wace LLP 0.75% 21 Dec 2023
Helikon Investments Limited 3.21% 20 Dec 2023
Astaris Capital Management LLP 2.46% 20 Dec 2023
Marshall Wace LLP 0.83% 20 Dec 2023
The RNS from today concerns shares that are part of the Directors remuneration package, which is not a bad thing, as others have mentioned it's always good to know that the directors would suffer from a dilution too.
But what would add more confidence is IF the Directors bought additional shares at this point, from their own funds.
Anyone know how long the window for them to do such a thing is open?
Now that's an RNS which would carry more weight.
ShortTraker just showed that ONLY Marshall Wace continued to reducer their exposure yesterday - down another 0.10% to 0.65% - everyone else is still holding - wow. There is no rush for the exit, or as Joe Walsh said 'it's hard to leave when you can't find the door'.
Hey Paradise,
ShorTracked has now updated and it looks like no one left the party on Friday 22nd, so it's still showing 9.78% shorted. That's a lot of shares (51m at last count) that need to be covered in someway. I simply don't see how they can close that many positions by Friday, or any Friday. Today was manic, SP up 21% but only 9.3m shares where bought and I'd guarantee they were not all bought to cover short positions.
This is going to be an interesting few days.
@Paradise The current figure of 9.78 % is for the close of play on Thursday 21st Dec, ShortTracker is still showing last update on Friday 22nd @ 15:45. With a bit of luck we'll get an update on STracker soon that will show the situation at the close of play on Friday 22nd (half day) - always one day behind, so we'll have to wait until after close tomorrow to see what happened today but I'm fairly sure some will have reduced.
Same here Pompy, a fun day indeed, also long a lot of PFC so also having a good day over there too :)
Hi folks, this BB is very quiet, much quieter that the current SP.
Some very enthusiastic Buy's coming through this morning, biggest I spotted was just shy of 250k, several for 200k and lots between 50 - 100k.
Is something/someone leaking, is an RNS around the corner? Not sure why the sudden interest but I am having fun.
Happy New Year folks.
Nemo
If have noted a few posts on this bb about how the directors should be buying shares in PFC, how they are not interested, etc, etc.
A quick look at the Directors Deals tab at the top of this pages shows, IMHO, a company where the directors are putting their money where their mouth is. Since Oct 2018 the directors have purchased shares at each opportunity - four times a year. Directors are not normally free to buy and sell shares whenever they like. They are locked into specific periods, which vary for each company, in PFC they are; early Jan, early Apr, early July and early Oct. See data below for recent Jan purchases. Most of the time the totals purchase equal £5k - or £20k a year.
05-Jan-23 04-Jan-23 Buy David Davies 72.02 GBX 6,942 96,509
05-Jan-23 04-Jan-23 Buy Francesca Di Carlo 72.02 GBX 6,942 67,737
05-Jan-23 04-Jan-23 Buy Ayman Asfari 72.02 GBX 6,942 84,979,097
05-Jan-23 04-Jan-23 Buy Matthias Bichsel 72.02 GBX 6,942 75,161
05-Jan-23 04-Jan-23 Buy Sara Akbar 72.02 GBX 6,942 75,161
05-Jan-23 04-Jan-23 Buy Rene Medori 72.02 GBX 27,769 294,297
07-Jan-22 06-Jan-22 Buy George J. Pierson 128.00 GBX 3,906 132,687
07-Jan-22 06-Jan-22 Buy David Davies 128.00 GBX 3,906 75,585
07-Jan-22 06-Jan-22 Buy Francesca Di Carlo 128.00 GBX 3,906 46,813
07-Jan-22 06-Jan-22 Buy Matthias Bichsel 128.00 GBX 3,906 54,237
07-Jan-22 06-Jan-22 Buy Ayman Asfari 128.00 GBX 3,439 88,950,737
07-Jan-22 06-Jan-22 Buy Andrea Abt 128.00 GBX 3,906 54,237
07-Jan-22 06-Jan-22 Buy Sara Akbar 128.00 GBX 3,906 54,237
07-Jan-22 06-Jan-22 Buy Rene Medori 128.00 GBX 15,625 210,597
06-Jan-21 05-Jan-21 Buy George J. Pierson 144.45 GBX 3,461 99,911
06-Jan-21 05-Jan-21 Buy Sara Akbar 144.45 GBX 3,461 21,461
06-Jan-21 05-Jan-21 Buy Rene Medori 144.45 GBX 13,845 81,602
06-Jan-21 05-Jan-21 Buy Francesca Di Carlo 144.45 GBX 3,461 16,523
06-Jan-21 05-Jan-21 Buy Matthias Bichsel 144.45 GBX 3,461 21,461
06-Jan-21 05-Jan-21 Buy Andrea Abt 144.45 GBX 3,461 21,461
06-Jan-21 05-Jan-21 Buy David Davies 144.45 GBX 3,461 35,693
07-Jan-20 07-Jan-20 Buy Matthias Bichsel 393.70 GBX 1,270 8,219
07-Jan-20 07-Jan-20 Buy Francesca Di Carlo 393.70 GBX 1,270 3,281
07-Jan-20 07-Jan-20 Buy Rene Medori 393.70 GBX 5,080 28,629
07-Jan-20 07-Jan-20 Buy George J. Pierson 393.70 GBX 1,270 8,219
07-Jan-20 07-Jan-20 Buy Sara Akbar 393.70 GBX 1,270 8,219
07-Jan-20 07-Jan-20 Buy Andrea Abt 393.70 GBX 1,270 8,219
07-Jan-20 07-Jan-20 Buy David Davies 393.70 GBX 1,270 22,451
07-Jan-19 07-Jan-19 Buy Andrea Abt 527.00 GBX 948 3,539
07-Jan-19 07-Jan-19 Buy George J. Pierson 527.00 GBX 948 3,539
07-Jan-19 07-Jan-19 Buy David Davies 527.00 GBX 948 17,771
07-Jan-19 07-Jan-19 Buy Sara Akbar 527.00 GBX 948 3,539
07-Jan-19 07-Jan-19 Buy Matthias Bichsel 527.00 GBX 948 3,539
Now the BIG question is, will they buy when the next opportunity comes along on the 3rd or 4th of Jan 24? If they do not we might have a problem but I'm almost certain that they will add to their sizeable holdin