The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
PPG share price was 1.45p on last day of sept. Wish Nick would simply give current NAV instead of the delayed results we keep seeing. Current Nav +£4m nailed on safe Aim bet this.
MTR 0.5p-6p same set up at the start, you take your chances... PRS ain't daft, investing £150k in here, must be something in it, hopefully.
Confirmation received from Nick that RNS dated 24th may 2016 still applies regards our PPG holding .
Plus the fact the 20m was taken up by PPG bod's. All good, would actually hope we do see a sale of our investment here , 0.25p to 3p , 12bag/£1m profit
20m gone yes, but it was a call option agreed in the day PRS invested at 0.15p, prs had no option but To go ahead with the call option, not quite a "nick sold too quick" transaction
Prs ain't taken any off the table, a holding rns would be due if we go under 7%, the .75 deal was a warrant swap not a share sale, looking good here GL
Would be nice if nick bought a few more ppg with all OUR cash and had an 8% holding rns. Would cost less than the dross we've bought recently and would have been /would be a great kicker for the SP
Prs holding 7.1% of ppg just hit £1.2m . Rerate due
Profit and share if u get my drift
Very good a article on OTC on ************* the other day, worth a read, also worth buying whatever Nick buys, as we sure don't get the gains made here!
U do know the bod made millions selling their shares at £3-£4 right?
Obviously selling the 97m shares from the Polemos deal, 20m sold on the day, and about 40m since, not long to go to clear them out. Holding rns should still have been issued though.
NEW world oil, Soon to relist also. 8% current holding there, Another few hundred k investment currently none attributal to NAV.
Cash over £1m , no debt, millions in investments, rerate
Some volume! Pref the blue kind
He has communicated with investors today , hi! "Thanks for investing in the company, we now have £1m in cash but won't produce Q2 results as can't be bothered on state the cash position" "but anyway never mind that" here's a 10% dilution RNS for all your troubles" £1m in cash, I though maybe a buy back, but dilution for Polemos? Pay us a divi nick, 50% is affordable now before beaufords get their sweaty hands on 97m of our shares, just make sure ex divi is last week, thankyou, what a mint share this is.
Prs cash is more like £1m after MTR and PPG sales. Must be a reason, van dyke should have us a goldie by now, what else is her wage for Nick?
There's the reason. A bell. Steer clear
Hopefully Q2 results may stir the market, when they decide to publish, Q1 results took them 9weeks to compute, maybe they will ditch the abacus, and use a Texas Instruments finest calculator this time and release slightly earlier.
Moving on any buys