focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
You forgot CTAG. Seriously though I have expected this for months, it’s not just the big retailers who are struggling, I know several retailers in the food sector who would love to sell out but their business’ simply aren’t worth anything so they are stuck at least until their lease is up. Every month unemployment falls and that means lower footfall during working hours.
Possibility of an adjustment to rates in the budget on Monday. If things are changed it won’t be good for SEGRO, however warehousing will still be a solid business. Just feel that for now we won’t see any great recovery in the share price.
Not ridiculous in my view. Gone from over £3m in the bank and heading for more than that in debt at high interest rates. The American adventure was worth trying but it has never really worked. Millions spent for 9,000 customers. I reckon every customer there has cost about £500 to sign up and that rate is not falling fast enough to turn the situation there around. A shame because the home business and the Dutch business is doing well. I think this will drift down to circa 35p in the coming months.
As the price was unchanged suppose you would have to assume that the trades were agreed between two parties, so both a buy and a sell. At least someone is showing an interest anyway, it has been so quiet I was beginning to think we had been forgotten about.
Dave, an interesting read from you as usual. You say that ‘We are not getting diluted to oblivion so far ‘ but I think that misses the point. The dilution happened before almost any of us had heard of URU. Then came the ramp and the clever/ crafty placing at 4.5p. That really was what suckered so many of us in. How do we know if his mates or family profited from those shenanigans? How can we be sure he never shorted URU as an insurance with some company based in the British Virgin Islands for example? Put it this way, I wouldn’t trust him an inch and although URU could come good ( and I hope it does) I would be very cautious about investing anything back in here
Good luck diggit, you’re either a brave genius or mad though. Possibly both. FWIW I think the market as a whole will fall further yet as I can’t see the uncertainty clearing any time soon. Not just brexit but the EU have got a job on with the Italians, US and China having a trade war which could quickly escalate, Gov debt etc.
Hi Zookeeper, No I haven’t hit buy yet. Wondering if the reason they dropped the bid yesterday was because they are hunting for shares/ hoping to trigger some auto sells? If the price goes up I will obviously be happy and if it drops further I’ll be glad I waited to top up so that’s why I’m waiting.
Waiting and waiting. Christmas can’t come soon enough for MSYS. Seriously though, think I will add more if I get the chance, 1.55 would be irresistible very nearly pressed buy at 1.6249 but held off. We know things are going as well as could be expected and it’s fair to further expect good news before Christmas so although it’s not without risk I reckon now is a good time to buy.
faceface, yes so true. He’s alright but some of us work hard and we should be able to trust people in Zorbas’ position to do his best for us when we have invested in his business. I thought that was the basis of the stock market! Can anyone say they trust him now?
Were bought while they were suspended. It suited Zorbas at the time. URU shares were seemingly artificially high at the time. I never liked the MRS purchase and said so at the time, but with hindsight every action seems questionable. Not happy at all.