Member Info for CJ66

I do feel they have previously issued to many shares, which stopped me adding more.
Should they also be looking at solar etc to get round what is a perennial problem- past and future...

Absolutely tiger, I bought a few JLP but no more largely because they willy nilly issue shares that dilute performance. Often find it makes for slightly gung ho management style...like their prospects if they tightened up.

Perhaps a natural outcome when you get consultants in because you don't know how to run your own business.
It's very frustrating and results where due I believe on the 14th!#¥

At least they have set a date by end of February
But the update was lacklustre with things slowing
They are a good company but must get new management and quickly...

Probably not much to worry about, but a good opportunity to vote against the directors and their bonus & incentive schemes if you're platform easily allows this (ii do)...

Yes that would be a shock!
This may be a correct view if they were suspended with a view of going bust, but fortunately in this case its correction of a technical error and they will return initially at the same suspended price. Perhaps ii put 0 because technically you can't presently get your money back.

...just suspended at the prevailing price until the error is corrected.
No doubt Grant Thornton will be laughing, and putting in their extra invoice when finished. We keep saying it but this management (?) need voting out of office, because they clearly won't go on their own accord, and are wrecking a perfectly good conglomerate.

To be fair they did use consultants - so made it clear they had no idea what was going on in their own business...and most shareholders waved through the disposal. The share price is still edging upwards so not sure what to make of that!

Certainly need to get rid of the management quickly before they waste all the sell off proceeds. As long as this lot remain in charge it's more of a value trap than growth possibilities...what dropped potato next!!

True, but for now looks ok. 9 mths trading update in Nov had occupancy up from 83.8% last year to 84.6% this year + rent collection of 97.4% vs 94.8% last year.
Its mgt seem pretty canny since floating, but has always seemed to underperform. The biggest risk is perhaps that they get taken out cheaply by private equity just near the lowest confidence point!

SD - I will also vote against it but no doubt the short term demanding big boys will win out.
I have been happy to collect the 10% dividend for several years, and don't see the advantage of just getting a bit £ more quickly at the expense of continuity. With this size dividend I never really expected the share price to increase and don't care about the discount to NAV - tortoise wins for me please!

Trouble is they are a poor housebuilder in a difficult market - and they were losing money before it went bad.
It was better when they were just land buyers/sellers.
I think it may take a time to turn around, kitchen sink or not - possibly due a dead cat bounce.
I think I would also wait...

...think it's a case of the price being behind the good news. Has been for some time and probably will for sometime, but the increased dividend should keep pushing it up now it's debt free.
Trades a long way behind the superior Clarkson, but the difference is too big.

Notice of upcoming AGM - do you remember them issuing cheap shares for themselves and a few institutional friends only - closing the public offer in a couple of hours.
This wrecked the share price which has yet to recover (served them right, but also wrecked it for us!).
For a small what it's worth I am voting against all the directors out of principal to send a message - would help if a few others would as well, or they will just treat small shareholders as dirt.
Apart from this I think they are a very interesting company with great dividend. As they pay out most of the earnings it does mean they have to raise more cash to expand, but each time they have, it's caved in the share price for a while.

...I'm obviously referring to aks343...to be completely clear.

Like Fred, I'm not quite sure what your interest is here - clearly you don't have VCP shares,
and whilst it is good to have a round of views, yours seem like 1 of the 4 riders of the apocalypse!
Each to their own, but you need to come up with some more solid evidence than just Nostradamus predictions if your to seeking to make any sense to users on this board.

...looks like 4.55% - Coltrane 2.32% / Boldhaven 1.32% & Marble .91%
Blackrock height was .9% in August and have decreased since then several times but have now come out altogether from a position of .49%
I'm not professional enough to know exactly what all this means, but no doubt they are all maneuvering around at VCP and shareholders expense!
Would however like a little more clarity on their printed results and this in turn would make it less likely for shorters manipulating uncertainties...Burford is another that springs to mind with this sort of problem.
Personally I don't like shorting whatever the arguments are either way, and only occasionally (and could be done by other means) do they stumble on real shortcomings or corruption.

Agree with the quality of Clarksons & have held those for over 20 yrs.
However Braemar has made great strides to concentrate on its original business of brokering and the latest pre close statement of turnover up over 40% and profit up over 80% seems ok to me in the current environment!

...Goldenport...but not to golden!

...and the £3 sells today are buys, or at least mine is!