Member Info for CJ66

Technically maybe, but it's still below nav and the company has a strong future.

However it's more a principle of never with a us company at present. They have no real interest in our country, or as recent leaks have shown not in the whole of europe, they are looking at cheap cash bargains or to help diversify from their own overly high valuations.

See Target Healthcare on a pe ratio of 13 to be taken over by a us outfit with a pe ratio of 79.

We should start appreciating our own stock market as a source of our countrys wealth - or what's left that hasn't been hollowed out. For me that starts here, even if not for others...

....as a fossil almost older than fossil fuel I have held this stock for 30 years, originally as Rowe Evans operating in Malaysia - it's dividend per share is now more per annum than I paid for them - for younger people that's the tortoise and hare uk sort of shares I always preferred, whatever the US has to offer.

..with that dividend and increased net cash..I'm happy with flatlining!

Bit harsh Charlie for them to pull their finger out - I think the management has been pretty good - it's more all those pension funds and shareholders rushing off for US shares, govt inaction etc that has meant the whole UK market has tanked and been hollowed out by foreign ownership.

I've had 2 shares CRT & WHR looking to be bought out cheaply by US outfits in the last 2 days - we are seeing as a country what neglect we have allowed to occur, and yes I have been trading UK shares only for over 40 years (more fool me you might say !)

Snap Tiger - but same view as on CRT. I bought these at an average £1.03 soon after the ipo,

but I want the growth and divis not american ownership. They are buying on the cheap as their shares start to look precarious and before the dollar falls.

Ironically the last info about Wincanton - also a share of mine which was about the last uk listed logistics company before being bought by...yes the american GXO.

This country has been completely hollowed out by other countries and our wealth, dividends, control etc has gone with it. Out of principal I won't accept any US offer - Blackstone have no real benefit for WHR in mind it's hardly even a crumb for that outfit.

I'm with nvenancio, I bought some years ago at an average of £1.02 but want the long term dividends and growth with a divi over 7p and NAV of nearly £1.20.

It's still undervalued at the offer price.

Out of principle I'm also of the Canadian view - not selling out to americans who are looking for cheap assets before their dollar falls. They can keep their Tesla's and this outfit will probably milk rather than nurture our precarious but precious healthcare industry, which has enough problems without foreign ownership aka water companies, asda etc

....at least it's negligible sales to the US, but I think we are going to be underwater for a while here - not looking forward to the next results.

...they paid for the last Macedonian acquisition in about 4 years from cash flow whilst still paying dividends,

so not sure either why they would need a fund raise...unless they also want to buy Greenland!?

I would think its probably the increased variables of apples changing to pears - the previous sources of ore are being changed for the new which involves some degree of uncertainty in timing and content etc + moving from a mainly gold some copper to copper some gold.

Its a big change and also involves various set up costs - just hope the copper & gold prices stays high to really drive it upwards. At least the cash position should ramp up again to help exploration costs and restart dividends....+ appeasing political issues please!

As far as I know it is treated as a capital gain against the purchase of that many shares redeemed.

As I understand it there are 137m warrant shares that can be bought at 5.75p.

This is quite a lot for a small cap and must reduce the euphoria around positive news until cleared.

Ironically the more the shares rise the costlier the warrants look = lower reported eps at 1/2 year results.

Don't quite get the full picture at FIB - it seems the whole management team have gone!

The lack of other work with no tenders won, in what should be a very limited amount of bidders, seems to indicate a major issue and loss of a lot of turnover / profit.

Could do with a little more information here on how they propose to put it right...

And on looking at the interims net cash has fallen fròm £9.9 m last year to £7.8m this year.

They do however have great products and hopefully they can swim through the dire straight of the uk environment to prosper long term.

....except it has no manufacturing in china - it's solely in stoke on Trent.

Must concur rylidan (having worked in property services for a major supermarket) - the stores are either the specialist large beasts that are hard to get hold of / planning permission / high costs etc or the small locals that they tend to be one of the few high street / petrol forecourts etc people adding more of.

Our nearest supermarket was a Somerfield - that became a Waitrose - that is now an Aldi over the course of 30 years.

Shows more likely demand to me, especially as they are still all about 'market share' and generally owned or have deliberately long leases. Remember it can work both ways with a shorter lease if others want your store.

Pretty stable environments to me, more elephant than cheetah!

SUPR should be in a good position as the supermarkets gradually offload freehold to get more cash to use rather than shrinking.

....and thank goodness theIr business is only headquartered, not based in the sinking ship that is the UK !

Churchill china issued a profit warning today with lacklustre markets and succesive govt's seemingly intent on squeezing out any UK industry with direct or indirect policies (it's end customers).

Different end market to PMP, but UK manufacturing plc is being hammered....

...from previous govt actions and now this one with it's final nail....cost increases all round + high energy costs and poor rail / road infrastructure means industry in this country is virtually dead with big disadvantages on multiple fronts against most others = industrial suicide.

No wonder we are only 1% of the worlds pollution output and to add to the gloom we don't even value or support our own stock market which is a country's source of wealth.

Maybe Elon Musk will end up buying the uk - at least he would sack all the bureaurcrats!

Rather suspect danger to Portmeirion, Sanderson, Michelmersh etc of the tiddlers to arise.

Wish I had some good news to report - but I can't see through the pea soup fog yet......

Is it called Trumpanomics or Muskanomics - Heads I win / tails I win ?!

With you on this, don't see why the discount when a 10% divi - except that management have done this at least 3 times before.

Being cynical it looks like an excuse for them to wait as the price gets gradually higher then grab a load of shares for themselves at a discount and enormous dividend as they don't get the risk of being scaled back....

shame as I think the business model is great - and also the 1st couple of raises they did exclude small shareholders altogether!