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@VELO. Thank you for the sleuthing you have done into Warburg and Morning Star; however, I think the conclusion you have drawn is spurious.
On the two previous occasions where a large placing was done overnight by book build, in December 20 and April 21, the relative percentage of shares was similar at 1.6% and 1.3% of mcap respectively. The 90 day rule similarly pertained yet even a cursory analysis of the SP chart will show that the impact was relatively short-lived and the company moved from strength to strength- outperforming most mid-caps to reach the 100- based on its impressive revenue and profit figures.
So-IMO- we may experience a dip here SHORT-TERM but I can't see any evidence that it will affect the company seriously going forward.
GLA.
GLA.
LTHS will remember when they did this in December 2020: I was pretty ****ed off at the time but it didn't take long for the SP to recover and surge on. I would see 140 as a base not a ceiling, you only have to look at the speed with which it bounced from the low 130s this morning and remember that IIs are only prepared to pay 140 if they still see significant upside which I also do.
The business model is extremely flexible and there is still massive potential for growth, both quantitative and qualitative.
Airtel own large market share in countries which are growing demographically with large young populations who want phones and use them extensively to conduct financial transactions.
I'd be surprised if we haven't shrugged this off and moved on in a month.
GLA
This money is for the parent company: however, it must signal that Google see massive potential in telecoms in developing countries. All the growth potential due to growing birth rates, relatively low technology saturation , age structure demographics and general economic potential also exist in Africa. It's very promising that Google have chosen the parent company to work with.
...if this is right, it could be massive for us.
https://www.business-standard.com/article/companies/google-to-invest-1-bn-in-airtel-in-partnership-for-affordable-devices-122012800371_1.html
GLA
Paul, I think it got in by reaching inside top 90 last week: although slipped back to 91 on Friday.
https://www.business-standard.com/article/companies/airtel-africa-inducted-into-london-stock-exchange-s-ftse-100-index-122012701790_1.html
..... I guess it's repositioning before formal entry into FTSE100 possibly by the owners-but really I don't know. However, it has absolutely nothing to do with 5G and planes. Most Airtel customers live in places in Africa where 5g is unheard of and jet trails can be seen once a week if you are lucky.
......'not the full shilling' -although a bit unkind here- is one of my favourite phrases: that's quite attractive.
Relentlessly pounding a BB to death while not contributing to the community project is not.
Get with the program LTI !
Razor- I agree, but if you aren't an Assassin-and I'm not- that leaves two choices.
An interesting read, it's not conceptual, he came up with these categories by analysing and crunching data on the trades of fund managers working under him. You can lose money in excellent companies if you invest at the wrong time and then do nothing. I've got two positions in BMN with very different averages.
GLA Especially Bluesy.
... You are right-you should be neither derided or abused; however, it does seem as though your investment strategy is questionable. So maybe you should be advised. If you've never come across it, I suggest reading 'The art of execution' by Lee Freeman Shor. Mr Shor- an investment legend-explains that there are three types of investoRs when it comes to buying stocks, Assassins, Hunters and Rabbits.
Had you been an assasSin you would have ruthlessly sold your 36p shares when they dropped to 30p.
Unfortunately, you appear to be a rabbit. You have bought shares with no back up plan or liquidity and so haven't done anything since.
It usually ends badly for rabbits.
However, all is not lost. You can still become a 'Hunter' by the simple expedient of buying a load more shares at today's bargain price. So get out your cheque book and act now.
Among the many excellent strategies put forward by Mr Shor, going on a BB and whingeing doesn't appear.
GLA
https://www.thecitizen.co.tz/tanzania/news/business/tanzania-burundi-sign-railway-deal-3685278
This is good news in itself and signals Burundi linking up better with East African neighbours and Indian Ocean.
DP-there aren't many here with a 50% loss unless they really screwed up and it's dishonest and unfair to potential new investors to say so; Many holders here, including the Angolan government are sitting on large paper profits. I made a mess of it and bought my first tranche at 150. My mistake not the stocks; subsequent averaging down at 85 and 91 and I'm very happy and confident with my holding which is down about 15%.A situation which I don't think will last longer.
GLA
Falky is right. You can't beat a Patek-Philippe: but if you haven't got a £100,000 to spare, I'd recommend Certina. Swiss, understated, very well-made, under the radar. Won't get you mugged or called a chav. When this hits 65p might get an Omega.
GLA.
....increased holding by 50% today.
Interesting development: M@G have put 10 million into PRE showing some foresight and awareness of the growing importance of Rare Earths and this company's strategic role in making sure the UK will have access to enough of them to facilitate manufacture of EVS and wind power parts. PRE up 14% on the news.