The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
they're welcome to all mine for 35p! ;-)
director buys show confidence in the company - they would expect to get them at a discount so would want more than 10p for them - just IMO as there has to be some incentive for the director...
should be the absolute min now with that issue of equity - hardly any shares on this one and still hasn't reached year high - more to come IMO.
good find EyeGuy!
I presume that means they'll want more than the 0.0044 they 'paid' for their shares if they haven't been forward sold? The current sell price of what appears to be 0.0036 would have to go up presumably? That's 16bn shares pre-consolidation now so a conversion factor of 2,133:1 down to 7.5m...
hello old chap, I see you are still on this delightful BB! :-) I haven't been in this following my AIM hiatus (only remained in one share and sold the others)! What's the score here then - looks like the 50m shares post-consolidation will leave PIs with about 15% but I also read it that resolution 7 is to issue Travia Entities (or their nominees) 21,564,846 shares (post-Consolidation), as part consideration for the Acquisition. Won't this mean the 7.5m consolidated shares would become 7.5m/71,564,846 x 100 = 10.48%? Or have I misunderstood this? Cheers Frank
I'm not registered to read Zak Mir's views on this - can you elaborate please? Also, do you think his views are normally accurate?
Notts - I just looked at the floatation RNS in May 2012 and it was for 10p/ share, issuing 30-odd million shares for £3m-odd. Does that sound right to you?
it would be 5p/0.06 = 83.33p.
seems mms can do as they like these days - I guess they're only there to make a market though and if PIs are silly enough to sell out at the 6-7p range then they will keep it down there until more start buying and the trend reverses. Just annoys me that they dropped it soooo fast but I know this is just scare tactics as I've been in the 'game' long enough now to ignore daily fluctuations. See you all at the year-end results RNS as I don't plan to post on here again now until then (unless I have something worth adding of course!!). GL all and hold firm...
I'm 2.5k down - hoping this comes back up soon - MMs are being clever with this spooking folks into selling. Just need to wait this out I feel... mcap now just £3.2m so it shouldn't go any lower - right?!
of manipulation here - just like many other AIM shares - but I honestly thought this would rise to a sensible value given we own half of a company that's worth 4x our current Mcap (just for our half) so there's no "if, what, maybe" scenario as we could sell our entire holding presumably. I'm sticking with my sell order for 22p as hoping history will repeat itself (Jan 2014 we were last at that level according to the charts) so will have to stick this in the bottom drawer for a few months I think...
A bit of an investment company called cicc. They held investments in assets worth potentially billions but never realised true value on AIM. They're currently in the process of relisting as I'm sure the likes of kibo will if their mcap isn't realised by their impending news. Don't think I've seen an aim share get anywhere near true value in recent times, it's just manipulated left, right and centre. I think full year results should be out around late April /early May if last year's anything to go by. I'll wait until then I think and then reassess.
3rd quarter results sent this up to 22p (prob even higher on the intraday) so as long as the production continues in line with expectations the full year results will be strong and it should get back to the 20s. I've personally set a sell order for 22p lasting 30 days so will keep everything crossed til then. I'm a couple of k down so don't really have much choice! Good weekend all.
but a good read and shows where the company we hold 50% of is heading... http://www.thestar.com.my/Business/Business-News/2014/11/29/PUC-Founder-Q3-earnings-surge/?style=biz
excerpt taken from latest report which can be found here: http://www.founder.com.my/index.php/investor-relations/quarterly-reports/ The BOD expect performance to continue... "The Board is optimistic on the prospects of the Group and expects the Group's financial performance to continue to be positive for the coming financial year ending 2015." Should bode well for their sp and hence our holdings...
seems worth it and hopefully the market will get wise to this soon. For info, I found details of the m/val of the company we hold over 50% of, at the link below: http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=0007
just read the RNS from yesterday - can someone just explain to me please how we can hold shares in a company to the value of £16.6m, but only have an Mcap of £6.5m (based on 13.5p)? How is that possible exactly? Are they not allowed to sell the entire share holding and effectively generate cash worth 34p per share? Just trying to understand what's holding this back so much before making an investment here. Cheers...
cheers Henry, I just typed his name followed by 'net worth' into google and it came up with it a few links down. Of course, if they get what they're owed here his NW will decrease to around $280m so he can't be that unhappy to pay up!! Some people are just so greedy aren't they?!!
RR's net worth in 2014 was $450m, assuming this is the right person! See number 89: http://epaper.thejakartaglobe.com/ga/2014/06/files/assets/common/downloads/page0041.pdf