Member Info for Dartron

Denfos, so you are saying that a tax could be introduced, which in turn affects the stability of a business like Tesco, and then in turn affects people's ability to acquire basic food stuffs. Im sure the logical conclusion would be to convert the empty supermarket into a luxury hotel for migrants, then to rebrand the stock to Super-Migrant-Income-Reit. At which point, I think it will multi bag.

Absolutely the right way to buy here, I am doing the same.

Gavster, have a listen to this podcast where they discuss the NAV's for these types of trusts, but its based on the discount rate, which changes with the power prices forward curve.

https://www.youtube.com/watch?v=1Dv7dh3dR38&t=1236s

I have bought more today. I listened to the recent results presentation (FY24) was really impressed with management, and how they are aligned to share holders. Still a small position.

Wow, also were buying on 15th

Sold mine after realising a 100% rise in share price, not to mention 12% in dividends over 19 months. I did double check the recent trading update, but I have to say, I do not feel bullish about the work place. Most recruiters are in free fall, and there just seems very few jobs around. Is health insurance a discretionary purchase, when your income begins to get squeezed? The recent rise of circa 25% has probably more than priced in the 40% growth in Ebitda. I think a lot of last years Ebitda was in H2, so the TU comparing H1 to last years H1 makes it sound better than it probably is. Lets see if I get this call right. I would buy in if the price drops a bit, but im not risking my gains in to results. Good luck all.

Profit before tax was $0.6m (H1 2024: $2.2m), as outlined above. On an adjusted basis, the Group reported a profit of $1.6m (H1 2024: $3.0m).

Profit (Loss) for the period (4,252)

All the metrics are going the wrong way here.

IC mag mentioned Segro and then later BBOX. I have bought Segro this week, but still want more exposure. As I understand it, BBOX are a little behind Segro in terms of Data centre investment.

LL, this stock is awful for retracing. The market makers play this one I think. I try to avoid market maker stocks, but I like this stock.

I have been up and down 3 or 4 times so far. As I said in an earlier post, I really dont want to trade this, but if I had I could have doubled my position.

Ggplyr, I am a value investor, buy backs from free cash flow rock! If your a Garp investor, then maybe it raises issues.

At the end of the day, it is 3% shares max, using around 15% of their cash, I just do not think your arguments are valid on such a tiny amount. If things continue to deteriorate, then future buybacks may not be agreeable, but as a first step, this is right and proper.

Told you there were shorts here, bet they have bailed.

BYTES TECHNOLOGY GROUP PLC Qube Research & Technologies Limited 0.50% 0.0%

Schroders reported crossing the 5% threshold after market.

I am looking for investment trusts (or OEIC's) but they must pay some return.

I think I will separately buy some ETF's/ETC's, though thanks I wasn't aware of that one. Its on the list now.

With 6 shorts its going to churn a bit, I bought back some I sold a week or so back.

LuckyLuciano, the price is somewhat related to the oil price - rightly or wrongly. Re the MM move, one analyst said that they want to increase the value of their paper as they are a M&A company. I expect they are hoping to enter the F250 index, where the share price would have had a bit more of an anchor to perhaps issue against. Results out on 26th. I think its worth holding a few, cant see much down side, though I think you also need to prepared for further downside, with 6 shorts. Im quite light on my holding RN.

Great tip, didnt know that one. Put it on watchlist.

Ggplyr - Unless a company has high debt, I would argue that a moderate buy back is a great idea, especially on the London market, where stocks are undervalued anyway. They are effectively returning that cash to share holders, and those who stay invested will reap the benefits, by less dilution of earnings and dividends among shareholders. In this case the company is returning £25m - when they stated that they had £113M at year end.

I think this is the right balance, and they still have cash for growth. The recent depressed rating may have been in part due to the lack of a capital allocation policy to benefit share holders. They have been very clever with this buy back - they are using 2 brokers to buy the shares. I have not seen that before, I think its quite rare. They also say that it will be completed by year end. So there are now 2 active buyers in the market, Numis and Peel Hunt.

I can well understand why it has rerated today, though I must say I didn't expect a jump like this on day 1. I already said I think there are short sellers who will need to close. Either way the BB is going to attract other buyers, ergo the price is going up.

Https://finance.yahoo.com/news/ct-automotive-group-leads-3-070442859.html

If you want to invest in the data centre thematic, I would suggest Segro (F250 real estate company), recent write up in IC mag:

Segro gears into the data centre boom

Then there are data centres. The surging cloud revenues of the likes of Microsoft (US:MSFT) and Alphabet (US:GOOGL) suggest hyperscalers’ appetite for these assets will remain voracious. In Europe, these companies lack the local wherewithal to satiate their demand by themselves, and so can also lease capacity from the likes of Segro. “We are confident that hyperscalers will want to lease our space,” said Sleath.

Also I have just seen today, "Tritax doubles down on data centres" in the same mag.

Earlier this year, there were at least 5 firms as short. Assuming once they drop below 0.5% they kept some open, there could have been over 2% before the drop, then assume a few firms opened or increased but stayed below the register, we could have been 3% short at the peak of the drop. The behaviour of the price (it forced an unscheduled auction on the drop day), certainly looks like short selling.

Some shorts are momentum, and would have closed probably before the dividend, but if some stuck around (on fundamentals - hoping for further bad news) these could be the buyers today. Or maybe Coronation need a top up! I dont know.

Encouraging either way. The buy back should maintain the price, I think we will have a crack £4 soon.

This fund has some investments not available to the public, I think I have posted them before.

I am looking for a second fund to start investing in for commodity exposure, I would prefer mixed commodities. There isnt much else around as far as I can see.

BERI is a maybe, I dont want the energy side.

CYN looks good.

GPM seems too focussed

I could include Wheaton, but I feel it doesn't really have the discount or income.

I think that's all of them...