Member Info for Da_Matser

Argentina has generated the largest return YTD for any Emerging Market - a whopping 38.7%

https://www.youtube.com/watch?v=5Ft9ZB4ktc4

Can't see it mentioned on here, but MANO's price tanked over the past couple of days due to a decision by the UK Supreme Court on litigation funding agreements. MANO released an RNS this morning confirming that the majority of their cases are in fact purchased funded rather than funded. I have subsequently topped up.

Does anyone here know the ramifications for BUR? How many of their cases are funded vs purchased? What about the funds they run? Does it affect BUR less as they are international or does this set a precedent that could be wider reaching?

For full disclosure I am a shareholder of both companies. Details on the ruling can be found here:

https://www.linklaters.com/en/insights/blogs/linkingcollectiveredress/2023/july/paccar-and-litigation-funding

Thanks

It may not have broken through the 2-year high yet, but it has reached a 52-week high.

A profit would be nice Sam.

I judge companies - and more importantly its Board of Directors - by their performance, not by their share price. MANO should’ve been killing it this past year or so but it’s excuse after excuse. I’ve held this for three years, buying the dips, but this is my worst performing company based on its performance as a business.

If I was judging this company by its share price I would say it’s amazingly impressive.

Agreed Bluebottle. That's why I've voted against the remuneration package.

Https://www.lbc.co.uk/news/redrow-over-100-jobs-risk-one-of-uks-largest-housebuilding-companies/

The UK jobless rate jumped to 4 per cent in the three months to May, from 3.8 per cent in the previous quarter.

Very expansive indeed Bernie

Panmure starts Redde Northgate with 'buy' - price target 500 pence

https://www.lse.co.uk/news/REDD/london-broker-ratings-panmure-likes-redde-northgate-davy-ups-moonpig-8a38vhg70ip4w6p.html

Update on Mandatory Offer: https://www.lse.co.uk/rns/BOTB/update-on-recommended-final-mandatory-cash-offer-zev1q4qob70o6l4.html

Too late for a competitor bid?

What's everyone doing? I've let a few shares go with the obvious impact of the spread.

Waffle Waffle Waffle. So why you here then? You've not said one thing to justify your claims. You just throw outlandish SP predictions out there without any explanation of your calculations. Do you think this crap works? Who are you working for?

Meanwhile: JPMorgan raises Mondi to 'overweight' (neutral) - price target 1,355 (1,606) pence

Well, you were spot on Terry. Blackmail indeed including “no guarantee of future dividends”.

Any idea on timescales and when we might receive the offer from our brokers? I’m with ii and Trading 212. ii are normally very good with corporate actions but T212 are hopeless. I didn’t even receive the last offer to sell some shares for £6 despite my nagging them!

UBS raises Whitbread price target to 4,200 (4,075) pence - 'buy'

https://www.lse.co.uk/news/WTB/london-broker-ratings-jpmorgan-cuts-lloyds-banking-to-underweight-0yomeui2qyzfy96.html

Thanks Terry.

Really glad I invested my hard-earned in this company.

Hello World

It seems the required 5% transfer is already under way as evidenced by the Form 8's. This takeover is happening whether we like it or not.

What happens if we vote against this? I don't understand the blackmail arguement. Thanks.

I am even more upset now I've found the prelims:

I agree with the comments below. Hindmarch & co gave away the first tranche at £4.00 (10% discount on an already supressed price) and now he's letting Sagi have the rest for a single-digit P/E.

As far as I can see GIL has 29.9% of the voting rights and Hindmarch and Garton hold another 15.2%. GIL can now aquire another 5% at the price they have 'offered' and it's a done deal is it not?

This is the problem with AIM

@TerryM1 Because the market believes BOTB's shady BoD will sell for a bargain and 10p per share is hardly worth waiting for.

On the positive side, at least the SP is now underpinned for the forseeable.

@TheRedDot Well they got that badly wrong. Positive cash position of £11m and debt reduced from £30m to £10m.

@beechknot Perhaps you could elaborate please? Sorry if I'm being a noob.

EOY TU is well overdue. Perhaps they have some news they’re waiting on or perhaps they’re just adhering to their usual poor record on comms. Either way, the SP has been somewhat twitchy the past couple of weeks.

I think they’d benefit hugely from creating a webcast presentation or at least a Q&A conference call but I think we know what the chances are of either of those happening.