Member Info for Etotheipi

I'm experiencing that with BCN but still set to make 100%+. In that case the +30% was given away at 25p and the eventual offer was 67.5p plus maybe 6p worth of share in ZNWD. My guess that even if it goes that way the final offer should be a lot higher than the current 6.5p.

NAV up 10%, sp down 1.4%, very odd. Maybe the market will catch up tomorrow.

Their presentations are always worth a watch, they all seem to be very genuine. It's also interesting to learn a bit about the economy in Vietnam, before investigating VOF I didn't even know that Vietnam had a stock market.

Biased of course but presents a good positive overview of the fund manager's thinking.

https://www.trustintelligence.co.uk/investor/articles/fund-research-investor-jpmorgan-china-growth-income-retail-oct-2021#summary

Have Investco just bought about £80m worth of shares? Surely good news which will see the SP rise.

At the time of the IPO there was a lot about hydrogen in the media, perhaps a lot of speculators bought in hoping for a quick profit. I bought this as a long term gamble, I'm confident that hydrogen will become an important part of the clean energy mix but not for some time, at least 5 years. Probably going to be a bumpy ride until then.

how the the share price plummets then an issue comes along.

Looks like the cost was about $15.4 per share (£27,328,785.50/2,421,634 * 1.3656), still not a bad return given today's price.

Good to see a non exec purchase £30k's worth at market price. Non exec holdings are becoming increasingly more important to me when I buy into an IT, how else can I be confident they are on my side?

It's looking increasingly likely that interest rates will rise in 2022 so perhaps a low LTV would be sensible.

The irritating thing about the JCGI commentary is the lag, this is the final comment from 31st July:

"Domestic policies point to a modest slowdown in headline growth, but most likely with it being of higher quality. Encouragingly, this will come in part from structural reforms around consumption, investment and capital markets."

I think this is a good point, the Chinese cp are improving the governance of Chinese companies which should be good for the long term investor. The issue at the moment is that some investors are worried about where the next changes are likely to be made. I'm assuming that the JPM team have some contacts within the Chinese government, that's why I'm paying them a modest fee rather than investing directly, if that's possible.

Phyl, they produce a monthly commentary on their website a bit delayed but that's how they communicate with shareholders. This has always been a volatile share which at the moment is going through a bad patch due to geopolitics, sell by all means, put your money in a bank earning 0.5% and avoid looking at the share price in the future.

All the rises so far have been based on very little, I'm banking on this getting to 100% or more within a couple of years.

0.6% of market cap, is that something to be worried about?

Chinse equities are out of favour at the moment due, the sp will recover imo.

I topped up today, expect to see a steady increase in the sp once the institutions spot the yield. I guess Squarestone will sell once the holding periods end but hopefully slowly so as not to knock the sp, that will be in their interests as there are four holding periods.

Interesting. So cheaper than buying the original SPAC, maybe the market hasn't caught on to the value yet. Good for SSIT investers.

Don't forget that Woodford's issue was holding illiquid assets in an open ended fund. The run on that fund, fire sale and subsequent suspension affected his IT too. Just look at HGT's graph to see successful investing in private equity can be.

· The Offer will be conditional upon, amongst other matters, Ganfeng receiving valid acceptances in respect of, and/or having otherwise acquired, Bacanora Shares which constitute more than 50 per cent. of the voting rights relating to the Bacanora Shares (including those already held by Ganfeng);

If I've understood this correctly: with M&G's 14%, the NEDs 1% and Ganfeng's 29% they just need 6% of the remaining the shareholders to get it over the line.

Rich, I'm guessing a similar situation for Spire Global, the vc investors get the 'ipo' uplift the IT investors get to buy at the listed stock price? This seems fair as we didn't carry the risk of the initial investment.