The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
sw16, thanks for the link - all explained for me.
A. S used to try and write a horse tipster column in one of the JPR Scottish papers after the oil industry finished with him. What a chancer! That is even more doom and gloom. I will read your link later SW 16 - I hope it improves my mood! There should be a 'Message Type' - like oh no! rather than 'off topic' I'm sure some wag from a little closer to the river than SW16 could come up with a better one and perhaps one that rhymes! Good luck all - we need it!
Is that the Alex Salmond of SNP infamy that they are trying to get on the board?
Misguided trust in AH by myself. I always assumed a strong BOD would have the companies best interests at heart. Therefore the PI's (inc. myself) would benefit. Shafted comes to mind! Shameful actions by AH over a long period of time only looking after himself. Let's hope custos can rescue something for us.
So September is nearly over, no information, no red spots. my guess is it is a European court of arbitration and they work at snails pace! Nothing European lives in the real world! Or perhaps they do work on a Friday afternoon and we will have news by the close of play.
JPR will get taken over - but at what price? The company has some outstanding attributes but lots of debt. Trinity Mirror were looking to expand at one point. Any take over would give the Norwegian investor a 'quick' gain and presumably that is all he wants. Crystal Amber would make on the deal Ashley H. would smell of roses. PI's? well it depends on ones buy in price. I am still under water but all is heading in the right direction. I am not averaging down. GLA -most of us have been very patient!
the way I read it is we will get the difference between the rights issue price and what the shares are sold for on the day they start trading. The day the RI was announced it was at a 17.5% discount - that is what we would have received had that been the day it started trading. As the share price has slipped since we would get less. It looks as if I can't buy any of the Rights - through my ISA or through the ones held by equiniti - I think that is because they only sell them in euros and I don't have any of those in my ISA , the equiniti ones, they said in todays letter that there isn't enough time to administer it. I am sure someone will will either correct this post and / or put it in a more succinct way. Good luck with your investments.
I understand the results of the arbitration will be announced next month, does the fact that the SP hasn't tanked bode well? What will be the effect on the company if it has gone against PVCS? Any thoughts?
Not complaining but why have VOD the wind in their sails just now? Is it just that it is their turn? Divi on its way? - that is just too basic as we knew that anyway. India parcelled up and forgotten about? That is good news I know. Just really trying to work out a high point on knowns - is is that trying to be too clever.
Green Dragon Gas owned the whole lot and then spun GDL and GE and T off. In April / May 16 Mr Grewal took it back into private ownership with the agreement of the majority of shareholders - funny that as Mr Grewal was the major shareholder! I just hope he can do a much better job with GDL. At the moment I am trusting in luck and paddy Magintees goat. I just have a feeling it is going to come good! Have you heard that before! Apologies if the above is incorrect. GLA
Yes indeed! Was it a buy or a sell?
Yes we are all going to be Nationalised - vote Corbyn in and if it moves it will get nationalised. As usual for labour they seem to think nationalising industries is beneficial to the UK economy whereas anyone with an ounce of sense knows it is away of shooting any worthwhile business in its foot - all incentives are removed and so you develop a death spiral. However Tory Gov MUST scrap HS2 - we need greater capacity but not 10 mins off a 2 hour journey, there must be a sensible answer to this question. As for VOD it is looking positive again - I think people have moved out of BT and bolstered this sp. I hold so miss the swings in sp to benefit from changes in share price. GLA
Normally you would have been sent your voting card / proxy option card - if you hold the share certificate - this give you entitlement to enter /attend and vote, if you hold the shares with your broker you have to get something from them to say you are a share holder. I hope I am correct! I do think this is a grey area as most people now hold electronic share as it is cheaper, quicker and less hassle. We all know that one day when old and senile our bank accounts and share accounts will just end up in cyber space and someone will grab them without anyone knowing. Interesting times ahead. However even share certificates go walk about - as i am trying to sort out a couple of my late mothers at the moment £100 to get not many shares.
An unusually high number of trades today, any ideas why? Have I missed something? Down 6% but most trades posted as buys. I had hoped this would stay above 20p but it continues to slip, The 20p mark was 'my confidence' level, so below that!!
You would have to think the 229K was a buy? Perhaps all is not lost for the patient ones who are left! GL all. I guess the SP will drift with no news and tick up as the news appears - I know that is stating the obvious but GDL has not been conventional up to now.
Looking at the 2016 Financial diary the final results for 2015 were due on the 17th of March 2016 so we should soon be getting the info for 2016 any day and that means an RNS re.that, so arbitration update might be included??
Interesting reports coming out of the China State meting that they want to reduce the air pollution ie make the skies blue again. They appear to have stated that they want to move away from coal fired power production. Although they didn't state a move specifically to gas fired plants they must be in the equation. GDL must benefit from this decision, for now it remains under the radar for lots of investors. Time will alter that - I hope! GDL remains a speculative investment. but starting to look like a less negative black hole for your money. Good luck to the long suffering.
Shares down 5.3 % today, tree shake or disappointment? I thought the RNS was / is positive so am surprised at the fall therefore I am going for tree shake. Sticking with the company (at a paper loss) though as I remain mid term positive. Could buy to bring average down or throw good money after bad! I know I will sit on my hands and regret it when the price goes up - ha ha! Good luck all especially those of you who take a risk! DEBs 1