The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I don't speculate on mining, oil or bios. Good luck to those that do, but not for me. I like to see a good value per share figure in the assets and a little profit. Can't do with all this see-sawing over will they / won't they discover a new oil field or profitable product. I've done OK in the past with THT (twice), TCG, HMV and other less well known names like CWR. HCP has been my 'banker' for this year. I figured that the zero value of PHP on their books was likely to lead to a massive increase in value at some time. Looks like maybe this month or next. Share or somebody are still buying in 10, 20 and 30k tranches.There isn't much free float so something has got to give soon. I think UVEL is likely to yield a good rise soon too.
Yes, and what familyguy failed to say when he claimed that there were two "We know nothing about the SP rise" RNS in your portfolio is that in the case of HCP that RNS was quickly followed by another RNS indicating major stake building by a corporate investor. And both shares remain substantially higher than when you first mentioned them. Must be terribly annoying for your filter family ;)
I can't believe that people think that one person on here can make enough difference to cause a SP to rise by over 100% Surely they can't think investors are so stupid as to buy on the recommendation of a total stranger on an internet message board - can they?
Looks like you're going in the filter with your mates. Bye!
You can say what you want but he identified potential in two shares that I know of that have given people profit. Have you?
When I see all those 'Buys' with three '0's at the end of the quantity it gives me a warm glow. Little folk like me buy untidy amounts of shares based on a tidy amount of cash like £600 or £2000. When I see buys of share numbers with three noughts at the end I know that corporate investors are at work. I also have 8p as a realistic target. But a September windfall is my best bet.
Looks like someone is buying a bigger holding in small bites!
I hived some HCP profit before the drop and put it into UVEL. Still waiting for that to hatch ;) I still don't see the attraction of this stock, but you seem to know what you are doing. My filter group also grows by the day.
I stand corrected. Well done!
I'm convertible in that I converted some HCP into UVEL ;)
Like bbr391 I have believed that the true value of HCP shares was in excess of £1. So why were they dawdling along at .06 pence? I have no idea. But, something is afoot here and now. That's for sure. I have cashed in £2k worth this morning at 4p and the rest, I'm playing with their money now, is going to ride the whole way. I don't believe that we will see £1. Somebody will snatch the stock away from us before then by means of a takeover or whatever. My personal opinion is that once it gets to 8p we will see who and what is driving this recent movement. At the moment the declared owners are Shore on 21.99%, Nortrust on 19.72% and five other institutions holding between 5% & 9%.
Thanks for your input. Seems from your observations that that this might be a done deal already. One thing I noticed though is that some punter bought £11.5k of shares ay 4.59p on Friday morning. I'm still of the opinion that I'll take some profit tomorrow and then let the rest of the shares enjoy the ride. I agree with you about those who chase the high risers. Makes the message boards like a kids chatroom sometimes. They surely can't be actually investing as they are way behind the curve in most cases.
Treacle29; If Shore have got 30% of 50m (15m) shares at 1p each (total £150,000) then if they bought the rest at 5p (35m x 0.05 = £1.75m) they would effectively have bought the whole lot for less than £2m. I still think I'm right in that they have to offer the highest SP in the last 12 months. That would still at present make the whole of HCP and therefore PUMA theirs for just over £2m. Considering the value of the hotels was estimated at over £400m a couple of years ago I don't think that's a bad deal. BTW: I had a look at your other tip. Interesting company. But not for me.
I don't think they will have 'given' the stock away at 0.9p More like 0.9p + shares or other payment behind the scenes. PUMA is Shore and Shore is PUMA. As I understand it, if a takeover is carried out they have to give shareholders the value of the shares equating to its maximum price in the last 12 months. At the moment that is 5.875p. By this time on Monday that could be a lot higher.
But I agree 8p might realistically be on the cards. Obviously Shore must have a game plan and so you would expect them to have formed an alliance with at least one of the other major owners. Maybe Peel. I'm just hoping that if this is the plan there is enough resistance to stop or at least stall any takeover. That way we will really profit.
Looking at the assets that are hidden on the balance sheet of HCP and that there are some big investors with substantial stakes I don't think that we little guys will be bullied out. My opinion is that PUMA are trying to break out of HCP's hold. They have recently agreed a finance package, have a major investment company behind them and seem to be doing well after being forced into managing their own hotels by BARC reneging on their contract. Shore Capital could well be the vehicle to drive a RTO. If you look back at the last three or four years share prices you might like me come to the conclusion that several of the corporate investors have an average SP of 30p or more. They ain't going to let those holdings go cheap and there are enough of them to form a coalition to fight any RTO or indeed mount their own TO bid. Treacle29: I don't blame you for taking quick profit. I have done myself similar one day buy and run operations; HMV for instance. This one though has a long way to go IMO. I am in at around 1p so I might hive off a slice of profit depending on what happens on Monday. But the majority of the shares are sitting this one out. Thanks for the input.
Shore Capital are building their stake on HCP as seen in the latest RNS. Check out this company: http://www.shorecap.gg/who-we-are/directors "Howard (Shore) founded Shore Capital in 1985. He began his career in private client discretionary fund management with Grieveson Grant & Co (now part of Dresdner Kleinwort Wasserstein). After a degree in Economics from Cambridge, he worked as a financial futures broker when LIFFE was being established. He is responsible for the strategy and asset allocation of the Group. He is Chairman of Puma Hotels plc and a director of Puma Brandenburg." Looks like Puma are biting back!
This is my information prior to today's news of course: Major ShareholdersShareholder Type Amount % Holding Nortrust Nominees Limited (GSYA) - 9,823,308 19.72 Shore Capital Group Ltd - 7,453,744 14.96 Pershing Keen Nominees Ltd - 4,815,133 9.67 HSDL Noms Ltd - 4,121,741 8.27 Bank of NewYork Ltd CFRCF - 3,770,631 7.57 Peel Hunt LLP - 3,675,897 7.38 T D Direct Investing No. (Europe) Ltd - 2,665,197 5.35 HSBC Global Custody Nominees Ltd - 1,687,298 3.39 Giltspur Nominees Limited - 1,510,000 3.03 The directors own less than me! A few months ago Peel Hunt were constantly selling and re-buying tranches of shares seemingly to stimulate volume. Well, they've certainly got volume now!
Nothing bad in the RNS. Should top the Share Risers list today and feature in the weekend financial news. Looking good for next week.
30p is what some of the major shareholders will have paid for their stock given that they have been holding them since 'the good times'. Before the drop. It is not a prediction of today's value. Don't bother to reply. You and a few others who have come to this stock thread recently are going into the filter.