Member Info for garethbrierley19

Thanks for the message, I have also noticed the issue with ENW RNS's not being displayed on this message.

I will now go read the update for myself.

I am very puzzled by the lack of interest in this share. We should be benefitting from the surge in gas prices.

I don't think anyone believes we own 100% now. Just that a new entity controls the other 50% that isn't the Iranian government.

Basing anything in Jersey is usually a sign that the owners want to hide something - whether that be their identity, accounts etc compared to the relative ease that this information is available for E&W companies.

That said there is still a lot of unanswered questions in this whole mini-episode. It would be good for the board of Serica to provide some clarity on the situation.

Hi flex, I'm in a massive profit already from SQZ in my ISA, approx. 400% now (although this is a lot smaller than many other LTH's!) the reality is that I have watched this share languish for years ranging 110-125p, with the occasional move up to 140p, that I am worried that the market will continue to unfairly reflect what we believe to be 'fair value', resulting in me regretting not selling at this current levels and being 'stuck' in an overweight position for even longer.

That's why I have been selling down, I sold my entire SIPP position for 132p and I've been selling my ISA down between 133p-147p. But I still retain a significant chunk as momentum is still here.

In a nut shell I am delighted with the profit I am sat on and I always felt like anything 140p was a great exit price, however I also realise that there is a lot more sp growth potential still to be exploited ... it's just whether I have the courage to hold the course or not.

Sasa I always appreciate your input, thank you! I'm holding onto my shares by my finger tips here.

149.55 paid, always nice to see on a Monday morning

“The Fortress group said it would assess options for the future of Morrisons’ petrol stations within six months of finalising a deal. During that period it would also assess potential acquisitions, and review Morrisons’ long-term plans for its property portfolio.“

This has been lifted from the FT article behind the paywall.

Interesting times…

Yep, there it is. A significant premium over the current sp- approx 40%.

Was it you who posted about TGA? If so, many thanks! When I last checked last night I was sitting on a 8% profit already!

If I was sat at my PC I would setup an account and ask the question over at the article comments section. If its not correct then it needs correcting as it is materially false information.

If it was somehow true, or a window into something going on behind the scenes…….

The comment about the Iranians is such an odd thing for them to include. It’s clearly not true otherwise there would need to be an RNS, but why mention it in the first place?

Fingers crossed for you - there it is, a 140p+ close!

Also hit 143.6 at one point - makes my decision to sell my SIPP stake for 132p earlier this week shortsighted!

I've not factored in any special dividends. Anything around 25p would be absolutely game changing but that feels too aggressive when compared to our boards historic strategy concerning dividend payments. Usually I'm not a fan of dividends due to personal tax implications, but since my holding is inside an ISA I would be delighted to see more distribution to shareholders if acquisitions aren't forthcoming.

As a follow-up to this I just sold 10% of my ISA holding at 137.2p. I've also just sold 25% of my all-time dog share, ENW, for a significant loss (but a lesser loss than it could have been thanks to the recent POG rise) to counteract the big profit from SQZ.

Still unsure what to do with the rest of my SQZ holding and would appreciate the views of other long term holders about their own exit-plans for SQZ.

I'm not sure but it's getting towards levels now where I am happy to sell. It's been an amazing ride for my ISA from 32p (I know some of you here are holding from 3p!). I sold my SIPP holding earlier this week at 132p. I always have seen the 140p level as the impossible barrier to break, so in and around 140p is my sell price.

But that said, momentum finally seems to be back with us and the next nine months or so full of possibility ... but am I being too greedy? Is the difference between selling at 135p and, say, 170p going to change my life? No. But after holding for so long will I feel annoyed with myself if I miss out on a rise above 140p? Yes.

Lots of thinking to do in the coming hours and days.

Is anyone else in the same position or are you all very much hold until a T/O?

When is the next regular update due?

I certainly didn't forsee it exactly as it played out, but I had the good judgement to buy in at 550p and sell between 1150-1300 as reported at the time on this board. I don't get it right every time but I'm happy to be accountable for my buy-in price.

It'll come good again ... IIRC last year it was in the 1200-1300 range for quite a while. It'll be back. The share price here works in cycles IMO.

Totally agree that Fres is a share to trade and not really a typical long term investment due to its cyclical performance.

Anyway, further to my post last night I've dipped my toe back in at 786 ... will add more if the opportunity presents itself.

It’ll come back for you, this share always does. But i know it’s never nice to experience a dip as soon as you invest!

I’ve been in and out of this several times over the years, always done well. My instincts are telling me that there is a lot of upside here and that this is a good entry level. Might dip my toe in tomorrow.