Member Info for Globex

Fwiw he was doing similar on SWC board when that had dropped to 100p range.

Since then it's gone up 75% and funnily enough he doesn't seem to post there anymore?

It's not unique to PHP, most Reits are getting a bit battered at the moment due to gilt yields increasing, impacts projections for long term borrowing costs.

Keep digging

Mannnan is well known for pump and dumps

Both posts by Zag are 100% defamatory.

How did you arrive at a figure of over £2bn?

It's not always been an easy ride here but strongly suspect the patient here will get rewarded. GL

Lol sounds about right. Essentially they will say first half not great but don't worry people we promise that H2 will be brilliant. Can also expect them to load the first few pages with jargon about ASPs, business mix, CCY, margin progression and most importantly adjusted EBITDA. Then having to wade far deeper down to get to what actually matters for a mature business like this, the statutory bottom line.

Resolutions were published on 22nd Aug, anyone holding could participate https://www.londonstockexchange.com/news-article/BMV/notice-of-annual-general-meeting/17198200

Need to take these boards with a pinch of salt, people like to hype up particular dates but vast majority of the time AGMs are a routine affair with a bland statement about votes tallied and sometimes if you're lucky a trading update too. It's rare to get a big market moving event that coincides with an AGM - those tend to be separate.

The issue was the valuation. See coal value since deal signed, was bought at cycle peak.

The flip side to that is AAL/Teck merger is likely to see AAL plans to spin off their own coal biz accelerate, given Teck metals focus, could be a better timed opportunity for Glen to buy another coal offshoot.

The snag is metals / coal two very different investor bases so ideally then Glen would then spin off enlarged coal biz to focus on metals, but one step at a time.

Just when you think there had to very little downside left, JP Morgan now reporting a pretty chunky short. Would not surprise me if they've got wind of another mandate being lost here.

Much like Impax this needs to consolidate with another manager to at least try to defend against the perpetually declining AUM. Far too diminished and lacking in scale as a standalone.

If that is aimed at me, what are you trying to say I got incorrect?

Are you trying to claim Moulding does not own that freehold?

Great John Street has been closed for approaching 4 years now.

In any case it was Mad who owned freehold - only thing the plc owned were the refurb liabilities.

Whether by accident or design, also worth remembering we've been pretty fortunate the company will be in a position to buy btc at these levels, rather than $120k+ of a few weeks ago. More bang for buck.

Meanwhile gold continues to surge and imo the gold side doesn't get talked about enough here and market seems to be sleeping on it too. Make no mistake, we are in a full blown bull market for gold miners - and in particular micro cap stocks with gold exposure. Just need to look at share price performance over last couple of months of other UK listed names like WSBN, GEO, CDL, the list goes on. Bigger picture, we are perfectly positioned here.

There is zero evidence of anyone making 200%. There haven't been any recent TR1s either.

Largest holder including from last round (only a few hundred k btw) is Catalyse and last update said they had increased their net position.

Look at context. Lesser btc treasuries have utterly collapsed in value since June. This is doing very well by comparison, especially with amount of day traders / less patient that will have been and gone and thin summer liquidity affecting all micro caps. I would argue reason for this being different is the compelling investment case of gold/btc in one vehicle, the premium funding, IIs to be onboarded etc, all the things we've discussed here - plus the newsflow due over next month or so.

Nobody cares if it's your cup of tea or not

Most Reits have taken a battering over last month on account of projected borrowing costs, but gilt yields starting to narrow again now, reckon we're through the worst of it.

Even WSJ reporting on it this week.

US media coverage a bit of a reminder states now largest market for the company and certainly where greatest growth is coming from. Ideally company would go whole hog and list in US.

https://www.wsj.com/business/retail/watches-of-switzerland-shares-jump-on-confirmed-targets-9b25c35a

Who is that aimed at Frankie?