Member Info for getafgrip

I've always laughed at my own jokes, but with a fan club now numbering 2, I am going to set up a limited company & IPO through Peel Hunt!

Charles - great to see your energy, enthusiasm & optimism has found another outlet. The RDSB SP has doubled in the last year & has a lot further to go. Depending when you bought, a great dividend, a Special Dividend on the horizon, and no big surprise if a merger/takeover is being contemplated i.e. clearing the decks, paying down debt, strategically refocusing, selling off non-core & low return, high carbon footprint divisions. The immediate future for shareholders looks good.

Along with Lending etc you are spot on with this. Minnows don't move mountains - the result of Peel Hunt's sell note had a disproportionate impact on Darktrace's SP. As you say it does not make sense. It is spooky at exactly the right time of year. I still think the Establishment would be happier if Dark had not been elevated to the FTSE 100 so quickly.

You are right as well that we owe Peel Hunt a vote of thanks. I had no intention of buying this last week but it was just too tempting! Easy money, for Dark share-watchers, if there is such a thing.

Riding the wave of virtually every financial institution doing incredibly well over the last couple of years, Peel Hunt has arguably created more millionaires amongst it's management and directors than through the self-professed expertise of it's client advice! The companies stand-alone achievement for 2021 has been to IPO at an optimum point.

In September - "Peel Hunt, which is returning to London's Alternative Investment Market more than two decades after it was first floated, priced its offering at 228 pence per share, valuing the company at 280 million pounds."

Peel Hunt investors have done really well out of this. Some of them, if they sell astutely could get something close to their money back if you don't count dealing costs! At a mid-price of £2.27p at yesterday's close, investors are only 1p down on every share. Although their stellar performance has taken them all the way to £2.30p/share for a fleeting moment.

They will rate themselves as a strong buy & with good reason. They are already on the AIM market & have ephemeral ambitions to progress further within the lifetime of the child of their youngest employee. Also they have experienced failure when floating previously and are therefore well-versed in what the markets do to incompetent & inadequately managed companies. Also the management has created sufficient personal, IPO-derived, wealth amongst directors and managers, to weather a few years of economic famine in terms of Peel Hunt performance. They are so good that they can afford to ignore client demand relating to the stand-out stock exchange performer of 2021, namely Darktrace.

This is definitely a stock for widows and orphans. In fact the widows and orphans of Peel Hunt directors and management look like being the only ones likely to benefit, before they disappear for another 20-years!

I just knew you would know HKK!

You will both like this story. When I was in Sainsbury's earlier today topping up with some vintage champagne - they are on 25% off 6 x bottles at the moment! The more you buy the more you save!

My purchase was shaded somewhat by one of the assistants telling me that a guy had bought the last 8 x bottles of Dom Perignon Vintage this morning at a cool £152 a bottle! Evidently the party is in Tynemouth, but I'm not sure where exactly, or even if he was a fellow Darktrace shareholder!

L - that is a really good point. I had been thinking that Peel Hunt's punches were well outside their weight class! But, their comments were all that the media sharks had to play with or understand!

Has anyone else thought that Damindu is almost an acronym for Diamond. It's a bit like solicitor is almost an acronym for ...... no let's not go there!

I would say it is almost impossible to prove fraud. They are publishing and circulating an opinion only.

And if all the Dark shareholders die in the pass defending freedom and democracy, their only comfort will be that those who live by the sword die by the sword!

Charles - never ask a conspiracy theorist whether there is a conspiracy, as there is always a conspiracy, life itself is a spiritual conspiracy!

It looks extremely suspicious - disenchanted former employees possibly with a chip on their shoulder, getting their own back on their former employer!

Whatever happened to business ethics, or concerns over the veracity of the information and recommendations that emanate from Peel Hunt! Some will see these people as the cancer within & certainly Peel Hunt is lucky that the crab-like progress of the SP, is currently keeping its investors on an even-keel, but for how long when the clowns have taken over the circus!

https://www.bbc.co.uk/news/live/world-us-canada-59080124

They are a big name, under exploited in terms of brand etc. I have thought for a long time that they would be a takeover target at some point, but nothing has materialised. GL

Mando,

Sound reasoning for buying DLG. Certainly inflation is on its way back big-time. At the moment everyone is trying to talk it down. The Government see it as a good idea when you have a monster debt & we have. Broadly speaking £1m debt with 10% inflation is only £900,000 in debt value at the end of a year.

I've held a few DLG for a long time. I would guess I am one of the founder shareholders it is so long. They don't set your pulse racing but throw out a good dividend twice a year, with quite a number of generous special dividends.

Analysis of the Trading Update for Q3 2021 seems to have polarised into two camps. Those who think these are outstanding/phenomenal results, and those who are disenchanted with the distributions from the corporate treasure chest. For me, the highest ever CFFO excluding working capital of $17.5 billion, puts me firmly in the first camp and speaks for itself. Surely setting a record in financial performance is good. Give or take the impacts of a Hurricane Ida, which is part of the wallpaper in a global commodities business, and for me this is a shout from the rooftops level of performance. Although Shell has rightly recognised that it would be politically insensitive & damaging to inflame the fossil fuel agenda at COP 26 further.

There are a hundred permutations of how Shell could distribute this. Amongst these, Net debt has decreased by $8.2 billion to $57.5 billion in Q3 2021. Essentially they were in the enviable position of choosing how much profit they made, and where, in the 3rd Quarter. You cannot please all of the investors all of the time, but the commitment to distribute the proceeds from the Permian Basin sale as a Special Dividend looks like a great start. Will it bolster the share price - yes, it certainly will.

I have felt for some time now that Shell has been clearing the decks for an enormous merger or acquisition. Shell has sold off peripheral, non-core, high capital intensity, relatively low-return businesses. Streamlined it's balance sheet, cut costs on a massive scale, harnessed cash, reduced debt & also ensured that it is geared-up to recover from the COVID 19 impacts very fast.

The rumour mill mentioning a tie-up with BHP has credence. Shell has always had an integrated vertical structure business model. With fossil fuels they (simplistically) explore and extract, process, distribute and sell their products. With renewables they have been dabbling around with wind farms, photo-voltaic panels, batteries etc etc. But, for me they will want to apply the same business model as they have for fossil fuels. I am convinced that they want to acquire a world-player to extract and mine the lithium, rare earth metals etc that will drive the green revolution. Watch this space.

If anyone is unconvinced of Shell's value. Think of why Daniel Loeb is convinced with Third Point! It is unlikely that he is simply interested in creating value by dividing the fossil fuels from the renewables business, the pot of gold is breaking up and selling the whole company bit by bit. Check out what happened to the John Laing Group, when the value of its constituent parts exceeded its capitalisation. Check out what will happen to William Morrison Supermarkets - of course it has not been taken over because the freehold value of its properties exceeds its capitalisation!

Financial performance & results are very different animals to pure distribution!

NNN - I agree really funny. Not sure why they chose a credibility stop at £550 though - with the Deliveroo Board the Play Group had it going to zero! I tend to step back from posting when the circus is in town & I missed the "Woooo Wooo" which I would bet was HKK! It is so funny, & the timing with Halloween is perfect!

Great idea Jayne LSE should have a Sin Bin! Once the trolls have broken a few rocks in the hot sun, and shown a bit of genuine remorse, we could let them back on the Board if they passed certain specialist subject tests!

I got vaporised for for the first time for what I thought was a clever play on the words "Office" and "Orifice" but with hindsight I have accepted that what I said could have been offensive to two of the trolls. Don't take your bat and ball home NIDEC your comments are respected and valued, and you help to keep the balance between genuine posters and mindless disruptors and shorters.

Was it Robert Duvall who famously said " I love the smell (of BS) Burning Shorts in the morning" in the appropriately named film Apocalypse Now!!!

Is Astro a diminutive for Astrologer? Why rely on stars - maybe if you also ask if there is anybody there as well?

So forecasts made by the IPCC in 1990/92, have been proven inaccurate by facts that we know now! Amazing - who would credit that. It's a recipe for always feeling you are right about something I suppose, but has little credence or point.

"UK co2 output has been falling pretty steadily for those three decades and is now 40% below the 1990 figs" so that it is someone else's problem as it always is! This is extremely short-sighted & disturbingly pays no attention to the wider picture. It is true only if we accept no responsibility for the ramifications & true costs of green-washing our economy. Everyone should be looking at these climate change issues holistically.

BE has a very valid point. It is a bit like the HSE making British jobs safer over the years. Yes - but tighter job protection in the UK has simply exported jobs, and killed & injured workers in other countries instead. With climate change it is not as simple as sticking a big battery in your car, banning coal, and powering your home with a few windmills. Assessing the true costs of going green means looking at how the windmill was made, where the mining took place for lithium etc and what the co2 impacts were in total.

Time would be better spent reading Guillaume Pitron's Rare Metals War. The facts and figures on the real costs of going green are staggering. One rare earth metal (windmills EV's etc are packed with them) requires the processing of 1200 tonnes of rock to produce one tonne of the metal. Because it does not happen in the UK does not mean it is not happening & can be conveniently ignored as part of the climate equation! Vast tracts of Africa & China are moonscape wastelands caused by the extraction of these metals & this is without the vast toxic lakes associated with processing, abnormal birth defects in the population etc.

We have simply and irresponsibly exported most of the missing co2 emissions. We have to accept that it is our problem as well or we will always see climate change issues with a one-dimensional view.