Its very quiet but the share price continues to creep up. Can not be long until an update on the cash strategy is needed. £300m in the bank earning nothing can not continue for long.............
Does anybody know a fund that has exposure to this company that I can purchase in my ISA?
I see that Crystal Amber Fund Ltd (CRS.L) does but it only holds 1% and is not in its top 10 holdings so am looking for something a little more invested in TRE.
Any help welcomed
Simon Thompson recommendationTrading Emissions ( TRE ) has updated investors on its latest valuation as the company continues to pursue a policy of liquidating its assets. The company has been valued at 62.98p a share, of which 24.42p is cash.
Hopefully not long until they announce who they are looking to purchase, any ideas..........
Ambrosia, Yeo Valley, the Arla UHT Plant or something else?
I believe that GAW are the best / largest producer of these types of minatures etc.... and have a contract to produce these for the Hobbit movie. I don't believe that there are any exclusivity rights but the new range will have positive a impact for GAW numbers & people going into the stores. A benefit must be built into the share price already but it depends how well the range sells.
On a positive movies are doing very well in the current environment so this can only help any possible over achievement of the range.
There are new analysts that have given ratings on DCG since the 1/2 year update last week, these are all indicating a 'Buy' position. Targeting a share price from £4 to £.450.
They are also debt free and looking to make an acquisition in the near future.