The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Having been invested since 2015 this is some justification to holding on through the dark days.
The RNS (28 November 18) that announced the Bernard Edwards catalogue acquisition referred to 37.5% - presumably his writing credits - not those of Nile Rodgers
Have they ever stated the cost of acquisition - surely that is a commercially sensitive number
Will the company be required to make an announcement is respect of todays activity - even if it is 'we have no knowledge'?
Corporate Action Notice received today with an offer to either leave the shares in the company or accept an offfer of 0.155 from the new owners.
Thoughts from any remaing small shareholders?
That was just the way it was laid out in the Notice.
I tend to agree with Donato and will hold on as I believe it is severly undervalued; need mid 30s to break even
Corporate Action Notice received today:
OPTION 1: Do nothing (Default). You will keep your current holding if you do nothing.
OPTION 2: Accept the offer and receive GBP0.155 cash in exchange for each Redx Pharma Ltd share held
Thanks - was getting worried or excited!
Believe it is 5 ATR72-600s
Is anyone else showing the price being in the 300s? Dispaly error or what am I missing?
Very disappointing - sure REDX is worth way more than this; needed another 20 per share to just break even.
Good addition to the line up and a good excuse to listen again
Some pages appear stuck around 1400 with closing prices not updated such as EZJ
Jet 2 do not own all of the aircraft so will still have lease commitements on around a dozen aircraft. But presumably still have to pay the finance costs on the newer aircraft.
Having said that, they are one of the better LCCs to fly on
Just the two ATRs referenced in the RNS today I think - those leases remain in place to Loganair so not sure why the price drop today?
Extension was until 5PM today so wait to see if it is a Valentines Day gift or massacre!
Need at least 4x the current price to just break even but something is better than where we were a few years ago.
The Monarch collapse was handled reasonably well with all of the short haul fleet, inbound passengers and crews back in the UK I believe before the plug was pulled; not sure about the long haul operations.
In another failure about 10 years ago, crews were stranded overseas and had to rely on other airlines to assist and get them back
That was the root cause - Thomas Cook/First Choice merger as proposed was the optimum leaving Thomson almost having to merge with MyTravel/Airtours to maintain share and position.
Thanks MFN for nothing
And Mr Bond always had a good record of defeating the spectre of the Russians !
I did not see a timetable for any additional payments to be received; assume it will be on deliverable progress? Also, the loan, if drawn on, needs to be repaid by December.
Not sure the reason for the drop today