The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I have been in this stock now since 2013 when I took the plunge in the mid 30p's . It has done and continues to do very nicely in my SIPP with the decent dividends. The SP yo-yo can be a bit freaky at times, but I just use those dips to reinvest Dividends. Now is not the time IMO to sell, I can easily see this back above 150p and more within a few months.
Held 10k of these since Middle of January. Sold out today at a very nice profit and put that into BP on the 8% drop. GLA.
The £1.61 Also includes the 25p for Homebase.
You will get 0.321 Sainsburys Shares for every share you hold plus some Cash.
Pretty easy to work out - Total offer is worth 161.3p per share. so you will make 9.3p per share. Multiply this by 500 = £46.50 Subtract from this how much it cost you to BUY them and then Subtract how much it cost you to SELL Them . So the Answer is : Around £20
The Possible Offer and Proposed Capital Returns together imply a value of approximately 161.3 pence per Home Retail Group share, based on the closing price of Sainsbury's shares on 1 February 2016, and a value of approximately £1.3bn for Home Retail Group's share capital.
Shorters !
Knee Jerk Reaction and down 14% - I have just bought £6k worth at £1.29 for a Quick profit.
Does this answer your Question : Revenues up 62% to £157.0 million (2013: £96.8 million) · Orders up 52% to 61.2 million (2013: 40.2 million) · Underlying EBITDA1 up 131% to £32.6 million (2013: £14.1 million) · Basic earnings per share up 553% to 9.8p (2013: 1.5p) · Adjusted basic earnings per share2 up 200% to 4.2p (2013: 1.4p) · Operating cash flow up 98% to £38.1 million (2013: £19.2 million), representing 117% of Underlying EBITDA · Continued investment for long-term growth
Same here - £3000 at 173p should be good for 10% quick time.
AIM Casino - BHR investors betted on RED and it landed on BLACK end of story.
Why don't you phone her up and ask her if she sent the email instead of trying to suggest I have made it up ? In fact why don't you forward her the email and ask her if it is a genuine reply that they sent ? from: zoe.percy@bakertilly.co.uk to: XXXXXXXXXXXX cc: Phillip.Sykes@bakertilly.co.uk, graham.bushby@bakertilly.co.uk, benjamin.dymant@bakertilly.co.uk date: Wed, Jan 28, 2015 at 6:01 PM subject: FW: Baker Tilly - General Enquiries mailed-by: bakertilly.co.uk Dear Mr XXXXXXXXX Thank you for your email, of which I acknowledge receipt. I note your concerns regarding the management of the Company and should advise that the Administrators will be looking into the Company’s affairs in the lead up to the Administration. If you have any information in this regard, which you would like to make us aware of, please do forward it on. I can advise that there are no funds with which to make a distribution to shareholders; we will contact all shareholders should this position change. If you have any further queries please do not hesitate to contact me. Yours sincerely For and on behalf of Beacon Hill Resources PLC Zoe Percy Administrator For Phillip Sykes Joint Administrator Baker Tilly Restructuring and Recovery LLP 25 Farringdon Street London, EC4A 4AB Phone: +44 (0)20 3201 8000 Fax: +44 (0)20 3201 8001 www.bakertilly.co.uk Graham Bushby is licensed to act as an Insolvency Practitioner in the UK by the Institute of Chartered Accountants in England and Wales Phillip Sykes is licensed to act as an Insolvency Practitioner in the UK by the Institute of Chartered Accountants in England and Wales The affairs, business and property of the company are being managed by the Joint Administrators who act as agents of the company and without personal liability
If I don't agree with you then don't say Feck All ? Sounds like a Dictatorship to me - Sorry for all those who have lost bundles of money but don't try bully tactics when someones opinion differs from yours. There is no cash, they don't own the trains and there is a huge Queue of Institutions in front of PI's for any scrapings of cash. And don't forget the Administrators themselves are in that Queue.
Ive lost about 3 - thankfully made up on CEY and elsewhere. I think the NO vote was pretty reckless. £300 would have been better than £0.00p
The key wording in that Web Link is "subject to the usual priorities of Insolvency law" Private Shareholders come at the very bottom of the pile, After Secured Lenders, Preferential Creditors, The Administrators, Any Wages owed to workers etc etc etc....Private Shareholders are NUMBER 10 on the list (I can provide the full list of priorities 1-10 if you want)....ie the bottom of the pile. In fact if the Directors have some sort of Share Redemption Scheme, then believe it or not they would get any remaining money before shareholders as that is priority number 8. Hate to say it but the NO vote has guaranteed ZERO Return for Private Shareholders.
According to the email I got from the Administrators - Private Investors have Lost Everything !! Quote Thank you for your email, of which I acknowledge receipt. I note your concerns regarding the management of the Company and should advise that the Administrators will be looking into the Company’s affairs in the lead up to the Administration. If you have any information in this regard, which you would like to make us aware of, please do forward it on. I can advise that there are no funds with which to make a distribution to shareholders; we will contact all shareholders should this position change. If you have any further queries please do not hesitate to contact me. Yours sincerely For and on behalf of Beacon Hill Resources PLC Zoe Percy Administrator For Phillip Sykes Joint Administrator Baker Tilly Restructuring and Recovery LLP Unquote.
Thank you WRN - this is gonna substantially cover the couple of thousand i lost on BHR - I'm holding 3000 WRN at sub 50p :)
All a Yes vote would have achieved is More Salary payouts to Tw8t5 running the show. Good to see PI power has scuppered there plans. I wonder what mood the majority shareholders/voting rights holders are in now ?
The MM's would have known this was on the Cards - and they Shafted a lot of people today !!!!