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Still a bit too high for me to want to add but I will admit that the dividend yield is looking quite juice (usual caveats apply)

...if only to buy all of them back again (plus a few more) after the inevitable dip. I wouldn't claim the shares are overly cheap now, but I like these as a LTH and this was as good a re-entry price I could hope for.

Those here for the dividend should be fine. Yes there will be 2nd order impacts here from asset valuations but if it is a pullback in shares that shouldn't be anything other than a short term issue - it's the credit events you'd be more worried about here.

As many on this forum will have noted, keeping a cash reserve for investment would be the best remedy. Whether LGEN suddenly becomes the best buy after a crash, I certainly won't be predicting, but it could be a good place to park cash while you're comparing options.

"Jam tomorrow" - welcome to the world of investing. The company is still investing with deployments exceeding realisations and if they continue to earn 20%+ on those assets, the NAV/share will do very nicely.

The results presentations are a bit quite confusing showing either IRR or ROIC and it's not immediately apparent that current investments are getting those levels of returns. But still we know the NAV/share is increasing and the fair value measure is understating that by as much as $5 per share without allowing for any upside to new business or YPF.

I think don't think the buyback point was explained in the slide clearly but essentially he's saying that $200m of debt financing grows to $600-800m through two cycles of investment and realisations (at an IRR of 20-26%) which can payback the debt and make more money on top. There's no cost of debt factored into the example so not really an accurate comparison but there's clearly a margin there which they wouldn't make if they were buying the shares and we can presume they are not sitting on a large pile of unallocated cash.

Indeed what is the point in getting angry at a market of which we are all part?

If you think the shares should be worth more you just have to wait for the results to emerge and wait for the market to catch up.

Such a shame that there's barely any talk of the results here amid the childish taunts of a few traders.

Looking promising here.

Https://www.lse.co.uk/rns/BELL/intention-to-appoint-administrator-update-qcom0vch6qal7cx.html

I am kicking myself for not buying last week at a little over 14p because I thought they should be cheaper.

There must be a backlog of sellers happy to get c260p for their shares and the buyback is just soaking these up.

The good news is that they are able to buyback more of the shares at these prices before we've run out of sellers and the price can break through these resistance levels. I'm hopeful we can wave goodbye to 280p very soon.

Didn't take long to push through those resistance levels. How does this affect your article?

There's a write up in the IC today which might be helping too.

We should finish up today. All our income is in $

It's encouraging that the CEO is investing some serious money in CKT. The volume alone looks to be pushing up the price which is nice as long as he's buying.

There is certainly a speculative element here but it's only that in the sense that the business case rests on the CEOL award. Chile gets labelled with all the other South American countries but it is a different beast altogether - it's 20th in the Index of Economic Freedom (https://en.wikipedia.org/wiki/List_of_sovereign_states_by_economic_freedom) which should tell you something.

Furthermore management here are open and honest and have been clear they misjudged the earlier process. Having rectified the mistakes there is every reason to believe they are right that the government are very likely to readmit them into the CEOL fast-track (as they have already done for another company).

So with the likelihood of success on the high side, and multiples of value available with a positive result, it's a great bet to be in on.

Nos. 7 and 8 and any two of the others will get us on the way to 4p. No.3 will give us all a nosebleed.

Anyone know why the SP was up so much today?

"It's different this time" - No doubt this was the line used last time. It's that all too familiar story of history repeating itself after repeated claims to the contrary.

Maybe TEK got something out of BELL but its shareholders didn't.

It looks like there was a buying opportunity today.