Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Latest news. Authorities in Iceland have downgraded the threat level from the volcano that erupted earlier this week, as officials said they could no longer observe volcanic activity at the site of the eruption.
I think the focus at the moment is the volcanic eruption now identified as likely to be at Grindavik. It's quite some distance from Verne, about 18m as the crow flies. Far enough away to be completely safe, but near enough for a panic sell. Even if the worst should happen, I'm sure it's insured and Verne Global is "almost" sold.
From the weekends papers and comments,:-
Buy’ bid target Digital 9 Infrastructure after 40% plunge, say analysts
High-risk investors should jump on DGI9, say brokers Investec and Stifel, as the digital infrastructure fund is a bid target after yesterday's 'shambolic' cancellation of the dividend.
Strangely (these offers usually appear when market closed), SVT offer opened at 8am and was open to all. It closed early at 10am with a "suggested" price of 2150p. Just a matter of waiting now to find out if I got any.
So there it is, alk the institutions/ bank/ directors get their money, the business is sold for a song and the poor shareholders......
"final completion of the Business Outsourcing Sale, it should be noted that it is highly unlikely that there will be a substantial, or any, amount available to Shareholders following payment of all creditors and costs".
Probably, almost certainly zilch
Looks like this is the answer, snippet from Investors Week.
"The vast majority of the proceeds from the deal will go towards repaying £33.7m owed to Santander UK, with the firm stating that it was "highly unlikely" shareholders would receive payouts once costs were settled".
Nice to know Santander Bank will get it's money back, rather than the thousands of shareholders that were taken in by the Primary Bid fundraise.
data and analytics arms and its business outsourcing division.
The proceeds of the transaction will go towards paying MJ Hudson’s £33.7m debt owed to its senior lender, Santander UK. The company expects that further funding will be required to complete the sale of its business outsourcing division, which includes multiple regulated entities.
Is anyone out there familiar with this type of placing? Will Global Investment Strategy UK Limited be offering existing shareholders the usual option(s)/ do you have to contact them, will further RNS follow with dates etc.
Appreciated that current sp may be under strike price, but interested in the mechanics of this issue/placing
Analyst retained a ‘buy’ recommendation on EBOX and target price of 125p, which slipped 0.5% to trade at 60.3p (21.12.22).
Property trusts have felt the blow of rising interest rates and a spike in bond yields precipitated by the meltdown in the gilt market. As a recession looms, they are failing to get back on their feet, with investors fearful that property values will be written down.
However, they said ‘strong demand and tight supply are driving prime European logistics rents’.
This means that ‘with indexation, lower fees and asset purchases, the €0.05 [4p] dividend per share is covered’.
‘The capital risk is overly factored into the 54% discount to net asset value, and the 7% dividend yield is stable and covered.
Pure speculation, but China is having COVID epidemic. It's own vaccines are not as successful as others. Oxb is a company that can produce Astra Zeneca vaccine by the aircraft load.
This thought must have occurred to more than an investor like me at the very bottom of the feeding chain. So just maybe....
Got to agree, the "medja", is like a Corporal Jones on steroids. I've stopped watching the TV news.
I'm on holiday in Stratford on Avon, folks were shoulder to shoulder across the road outside Will's house at the weekend. The markets were buzzing, the shops full. Restaurants busy, even on a rainy Monday afternoon there was a queue of cars into the retail park.
If house prices increase by 10%, it's quite likely the buyers have 10% better income and will manage the mortgage.