Member Info for Gruyere

The rating is encouraging after years of decline that's for sure but there is the debt mountain to overcome. I know its Christmas and its hardly a scientific test but I detect better usuage in the couple of their pubs I visit. I have been burned with this stock before, but have added a modest amount today in the hope that JPM are proved right.

'Close brothers sold a lump explains where shares came from '

??? I read that RNS as Close buying not selling.

There is unfortunately an air of desperation creeping in. Production way down, new wells less than expected, being paid 50% of the next lifting, Egyptian Debt 170million, Senegal Tax demands 40mil more. Before anyone bleats about deramping ( a ludicrous notion that small PI's can sway prices) - I have been a holder and added from Cairne pre India settlement.

The board have set all their hopes and strategy on Egypt only and a low cost base - the latter was definitely overdue, but maybe the haste to exit some areas has meant all the eggs - every last one - is in the one, slow/none paying Egyptian weave basket! Just a personal opinion.

1.84/1.90 Divi and 1.5 Billion buy back

Got mine at long last in Interactive Investors - 59% down - not a great share tip then. Maybe it might come good someday.

Its another face of the anti-oil/gas grouping smearing away anyone with connections to or who benefit from the fossil fuels (in other words all of mankind). Ignore. Either Delt will come good or your money's down the pan.

What can I say except 'snap' - bought way way too high and should have dumped and taken the loss years ago. You present an excellent analysis and action plan superior to anything the successive captains of industry employed at mega salaries have come up with. Do they even look at the places they go into?

Legions of bored staff hang around principally talking to each other - someone mistakenly thinks that makes a sales force - yes, alright for pushing product aftercare insurance but that can be done at the till.

Too much obsession with how 'our colleagues feel' and not with numbers anddeployment. Promotions are tired, easy to ignore and certainly nothing to induce real interest. They need to get a grip and not just sell off parts and see the money seep away.

Agreed, no rhyme or reason. Mind you, yesterday saw a single 2 million share buy - today next to nothing, a little volatile is this share.

F15 - many thanks for clearing that up. Have follow up with a buy.

Whadda - Yes I saw that. If 'equity' means its £10m in shares held in Treasury bought back at prices including 52p and overs - then how many make £10m now? Could be another case of chucking money away.

I thought about a dabble hear too being a holder some while ago. Just not sure iof the exact terms of the deal with Green Power. Are they are paying £10m of the acquisition with shares from Treasury ? That would be a large chunk of what they took so long buying back. Anyone know?

Well this is the reply today from ii:

Thank you for your secure message.

We are waiting to receive the new US listed shares, we have chased the international custodian on this matter. However, we have not yet received the new shares.

Not at all impressed.

Jumped in at 508 on the news that it would be 'marginally' below expectations- not such a good move. Question as always is do I buy more?

As I said, do your own research and do not be swayed by anyone on here - who let's face it are all amatuers who might win some but also lose some - and that includes me. Just remember that I said they intend investing money in new manufacturing facilities so in the medium/short term they might have less cash to dish out either as buybacks or as dividend.

Incidentally, you do not need to start a new thread to reply to a post or to add to one of your own - easier to follow the thread of thought. Anyway good luck whatever you do.

As of today no shares in my Interactive Investor account - so if things are moving its at a dismally slow rate which in fairness we should have been warned about.

Nevergreen, I agreem the £40 target is not unreasonable, it has in fact been touted for quite some time by brokers. WTB is on the up after suffering heavily in the pandemic and only the the 'cost of living crisis' has slowed its recovery. It does right to refine its model in Germany - customer expectations - especially in the liesure sector are very different . The sites they've chosen in cities will do well especially if they are positioned to service the huge number of business people attending the Messe (Trade fairs ) that are held.

I've added recently and like you look forward to £40 plus.

Scoredagainsteps - I agree you should always DYOR and then follow your own instincts. The share price has been held back waiting for todays announcement but also, as announced, because some investment is necessary to expand the manufacturing facilities. Personally I am sticking with CHG mainly because the war in Ukraine and conflict elsewhere has seen record demand for their products that isn't going to change soon. As NATO and US stockpiles are diminished, orders for shell and rocket propellants are already flooding in so - and I say this tinged with regret - CHG has entered a growth phase in its business cycle. So I'll be hanging in there.

This share doesn't seem to attract much of a following on here. I've always thought it a steady investment and a reliable divi payer - so bought on the fall. Maybe I'm wrong but I think long term its a good buy.

Maybe a word of caution regarding the special Divi for any newbies. It is linked to another share consolidation ( there was one on May), i.e you'll get the 56p and then see a reduction in the number of shares you hold. I haven't found what the proposed reduction is yet . If I've missed it glad if anyone can inform us.

Have you considered buying a notebook or diary so you can record your fascinating thoughts on buying or selling shares - rather than continually post them on here? They hardly constitute a discussion.