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PensionDeficit
Nearly 4.5% added to the share price today. When I looked at reports and figures, even the charts here, I really believed I was lucky in the timing of my purchase of ISAT in mid February. I did my usual research into the figures and price history and decided ISAT was under valued at �3.55. It has since fallen almost 25%, so I suppose I am proved wrong. However I followed the pattern of research that I normally use and decided it was a good time to buy. It may be that the idea of satellites overcame my careful planning. As I always hold my shares for a long time and like dividends I am still not too despondent... I still really like the company plans for satellite aboard ships ad planes.
With all the goings on here at the moment I defy anyone to predict anything for SRON holders. I do intend to watch carefully though and perhaps set some buy orders. Or even sell orders if fortune favours... I just can't help feeling optimistic. When will I learn?
My strong buy recommendation only applies to WRES, not any TV loan offer. I accidentally read the small print on an ITV advertisement a few nights ago. The interest rate was well over 1000% on a loan of up to �5000. It would be good to have a little more cash for WRES and SRON...
For your GM report. Like many others I am still happy to hold well over half a million shares at an average cost of 6.3p. This is a loss of 18.32% so it would be good to see a real price improvement. It will come, possibly beginning on the reissue as CORO. Looks like we will soon be more than a small AIM gas supplier digging in Italy. This is my second cheerful, optimistic post today...
SRON shares reissued as CORO 0n 9th April 2018.
Every SRON share will give you one CORO share on about the 30th March 2018.
Sorry you may not be able to open my last rns post. Here is the link again: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SRON&share=saffron_eng
Can be found here as usual: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SSE&share=sse
Read it at: https://selftrade.co.uk/informational/stock-detail?ISIN=GB00BDCFP425#!?id=GB00BDCFP425&idCurrencyId=&idType=isin&marketCode=
Read it at: https://selftrade.co.uk/informational/stock-detail?ISIN=GB00BDCFP425#!?id=GB00BDCFP425&idCurrencyId=&idType=isin&marketCode=
Tomorrow We are CORO I'm a poet... And don't know it If there's no hitch We all end up RICH When will that be Hmmmmmm, we will see.
I have been investing in my share ISA for about ten years now. I have an unusual method for choosing investments. I only invest in companies I really like. My first two shares were Workspace and Unite Group and I sold a year or so ago, when it became clear to me that the new company excitement had gone. My reason for investing in ISAT is very boyish. I like the idea of sending satellites to space. When you express disappointment in the value of shares always remember to take all those yearly dividends into account. You also comment on others saying how well a share has done for them. My original Workspace and Unite Group shares were under �2 when I bought them and both climbed to �8, though they kept their dividends small. I liked Workspace because they provide affordable accommodation to small businesses in expensive cities, and Unite because they provide quality accommodation for students. I suppose that what I am trying to say is that you should look for companies that you personally like, and try not to worry too much about short term ups and downs. Good luck and choose carefully.
I have been trading shares for fun in an ISA since I had a lucky incident with a forgotten insurance taken out by my mum in about 1945. I am retired and thanks to the London Oldies card travel for free most of the time. I don't have to worry whether my ISA achieves but it has averaged just over 15% increase for twelve years, only partly through dividends. I keep six shares in my account with the aim of each reaching �20,000. When they all score I will share the money amongst our five children. I was interested by your final comment about discretely leaving the AIM world, as that too has been a long term aim of mine, though now I am not so sure. I have a rule that I am allowed to invest in two AIM shares. These are currently SRON and WRES. I have met Michael Masterman at shareholder meetings some 5 or 6 times, and he has always found time to talk to me in a grown up and honest manner, hence the slight umbrage at the way he continues to be gently slated on this site when it was he built the company. When I left teaching I was given a moving send off that more than reflected the work I had put in. I think Michael deserves the same. I really think your 10 bag double will pay off by Christmas. I had not thought of WRES and SRON as a ten bag double but... As regards M.M. being Australian: my daughter and two of our grandchildren have lived in Australia for the last ten years and our son and two more grandchildren live in New Zealand... We have been welcomed in both countries.
So I actually got the date right. I'm just off to celebrate in The Lord Southampton. I knew one of the regular posters would put me right. Hope the AGM is not too mournful...
I really thought I had bought quite sensibly until I read K3 saying he was 10% down on SRON. I am 23% down. Interestingly I also hold WRES. Once again K3 has beaten me as I am only 62% up. The reason I am actually writing here is that I think Michael Masterman has received rather too much impatient criticism. It remains to be seen whether the new people at the top will do better than MM. I selfishly hope so as SRON/CORRO is now by far the largest investment in my shares ISA. I am (competely), (very), (slightly), (not), happy here, but will have to return to cross out the non applicable words later. Please can anyone tell me what exactly is happening to my SRON shares when they finally become CORRO. I have even managed to get the date wrong, I am sure it cant be Maundy Thursday as my diary suggests...
I held ISAT for several years but sold when they reached �10. I have just reinvested because I am confident that the current price will hold, the dividend is briliant, and I love the ambition of the company. To my mind they have a winning plan and while space is risky it is also exciting... Much mor fun than Vodafone!
Especially pablo2. What I did not understand was the separation of the Open Offer from the name change. If as pablo2 thinks I receive 1 CORRO for 1 SRON on the name change then I am more than happy to receive those newly named shares then. I had understood that SOU holders would receive these shres, not SRON. My only worry now is where to find some cash to buy extra CORRO in the Open Offer. I think the price of 4.38p will show profit very quickly so I am definitely IN, IN, IN! Do not forget we are producing real gas. I am about to visit the SRON site again to try to confirm all this.
Thank you malkis. I think I understood those numbers, but... I have 70,000 SRON shares, what happens to them? Do they just become worthless? Are one fifth as many CORO shares going to be worth more than my 70,000 Sron shares? Something does not look right to me...
If I own 100 thousand SRON shares, how many CORO shares will I be offered on the 23rd March, and at what valuation?