Member Info for Dartron

Added today, sold some BS oil penny stock and bought something decent. Im investing for the long term though.

Get Chris Mills on the phone, those results are terrible.

C&C Group plc announces today that it has acquired the Innis & Gunn brand and associated global intellectual property ('IP') from the administrators

1) iv never heard of it. Dont know what drink they make.

2) so good, it ended in administration.

Get on with the capital return, launch a strategic review. Get it done man.

Did you notice the JPM TR1, looks a bit more bullish this time, with equity increasing, and the large part of the swaps for July 2026.

Shareholder returns would make it feel more like a 2 way street. It might even attract some funds. Right now, its an interest free loan, with equity destruction and global macro risk thrown in. On paper, this feels like it warrants about a 7% return per year for what it is. Buy backs wont work, it will become too iliquid, and clearly no one cares about EPS, if you never get any of them returned.

One counter point, at least they do an investor meet, you could in theory submit your questions.

Up to 8%. Cobas are value investors.

The counter side..

Automotive sector struggling.

JLR wobbling financially.

Donald Trump making up tariffs and then starting wars.

Almost zero PR or broker coverage.

No share holder returns what so ever. - Focus on investing in the business - results seem intangible.

Low insider buying (non exec bought 20000 shares = £5,080.00)

So to summarize, the Macro is huge headwind. The ownership register is not helping, with CEO holding a blocking stake, that closes some options for value unlock. Frankly, money parked here is dead money, as much as there is a business behind it.

Not to mention 1/5 of the PBT is the cost of the listing. why is still listed? why does no one want it?

Its a pity, that this has happened. I am old enough to remember when going to niche furniture shops was the only way to buy a lamp, or ceiling lights.

Now they are sold on Amazon, Shien, and in most shops, Ikea, Next, not to mention DIY shops have stepped in to this segment... Its a wonder the shop made it to 2026.

NCC was on the block, but escaped due to Future and Lion Finance. Feel like we won on penalties!

https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2026/ftse-uk-index-series-review-march-2026

Indicative FTSE 250 Deletions

IG Group Holdings

NCC Group

Pinewood Technologies Group

Tritax Big Box REIT

FTSE 250 Deletions

Future

IG Group Holdings

Lion Finance Group

Pinewood Technologies Group

Tyrus lost big on NXP in 2018, which is why im hoping they handle this better. I think it would be Tyrus facilitating a buy out, not being a buyer themselves.

They normally say follow the money, but the big guys don't always get it right:

The wager that almost derailed the firm four years ago saw Chedraoui bet about a third of the firm’s capital – over half a billion dollars – on NXP Semiconductors NV, whose take-over deal with Qualcomm Inc collapsed ion 2018

Up to 7%. I noticed a million share trade go through after results came out. Didn't really lift the price though, them adding another 2%.

There is a recent interview on the Edison channel, its quite good and goes in to some interesting detail. If I recall, they have cash currently to deploy. That could increase take over likeliness, as new acquirer would be getting some of the NAV as cash and free to deploy as saw fit. Though these deals are not really rushed. THRL has been a great investment for me over a few years, and I think the CEO is a decent guy.

I still have all of mine, spread and stamp duty, not worth me trying to trade this. I will reward the shares that go up 30% in a month by keeping them!

But well done, If you managed to trade a few or lock in higher profits. I am doing that with other stocks, just not this one.

I really have no idea, but id be disappointed with £1.20, I started buying at 100p. It would be unusual to see more than a 100% premium, or even close to it, so currently £1.20 could be a price banded around. There is no major holder who could veto such an offer, so that makes it a little easier to get a low offer over the line. MACF has been listed for nigh on 50 years - irrelevant perhaps but an interesting statistic.

Ideally, if MACF can provide a decent update, get some rerating, sell the pension, perhaps get the price up to 90p - 100p, then an offer would need to be closer to 150p+. Its worth taking a minute here to consider that the asymmetry is very much to the upside, if we say that the tragic incident really was a black swan event. Buying today, locking in a 5% yield, if operations can recover and that dividend can grow to closer to 10% todays entry, id rather keep the stock in my pf. I do see it as a very high probability take over target, but I also have a large basket of these stocks, and takeovers have been far and few between.

Lets also put in to perspective - oil has been high for 1 single trading day so far. I think if prices remain elevated for anything over 2 weeks, then ill start expecting it to affect the bottom line. I personally think, the conflict dies down well before 2 weeks and things go back to normal. At least JSE operates in a stable jurisdiction, that has to worth a slight premium right now.

Im confused, I thought James had a sizable holding. The largest trade up to 8:05 is 2500 shares. The offer was around 200p in the first 5 minutes, though the second largest trade of 1500 shares went through at 199.35.

Current offer on You is 208p. Oh well, guess he uses a dark pool as he is a big player.

Im in both. Bytes has over 100m cash, Yougov has over 100m debt.

Yougov is cheaper, on most metrics, but Bytes has the better balance sheet, dividend yield and FCF. I agree, I see more catalysts for Yougov than I do Bytes, but I would view You as higher risk/reward, perhaps offering more growth / beta. Apples and Pears!

If we are talking short covering, then GBG, GAMA and NCC are better as they are all buying back shares.

Hailesinvestor the pension scheme is another clue that a sale could occur. Currently 5% yield with TO optionality / asymmetric reward. Its still a hold for me, due to improvements being H2 weighted, and lack of positive update for current year.

What exactly is the point of your posts noggers. Isnt there a Weatherspoon's you can go and meet like minded people in?

Oil has not been $70 for the last 12 months, what am I missing? Purely from my own capital allocation point of view, I think its dead money here for the next 6 months. Wish I had trimmed some at 25p.