The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The rise could never be sustained on such a tiny contract, 100,000. Euros per annum for 2 years and with what profit from that. I was gob smacked at the 130% sp rise. The herd ran through, pumping away with no idea on reality, many buying due to fomo, I Wonder how many lost money or are now locked in. Some may have read the pipeline of £85 mil and been wowed but loop have been quoting huge pipelines from £65mil upwards for over 2 years and failed to deliver on it. The company is being very cheaply valued for a reason. The value will only show a sustainable rise if they start delivering and so far they haven’t.
Fair summary. I watched the webinar last week and that’s a brief nutshell round up. If you’ve not seen it look it up on YouTube.
The main thing for me is they will have sustainable free cash flow this year for the first time in 6 years. Debt will be reduced to zero as loan repayments mature.
The company is currently sat on a tiny mcap of £389mil with revenues of several billion. It’s hugely under valued. With the restructuring now complete it Looks a solid investment now medium to longer term.
570k shares is pretty insignificant amount
There no doubts bots are controlling the price atm but far more buys (4million) to sells.
Posting on here has no bearing on the sp either way. It will go up when the bots switch back to blue.
Yes couldn’t resist either at 24p. Now my largest hold.
Sit back and wait now. Looking for 50p but. If they do as they say and are debt free this year and then reintroduce a divi next year it should go a lot higher than 50p
Back test of 25p.. profit takers and weak holders out .
All healthy as long ad it goes again which i think it will.
50p nailed on at some point just dont poo your pants if its not blue.
Imo 100% profit from here is a given unless black swan event .
Clear reversal of the down trend in play.
Positive noise from the company on recovery taking shape.
For me its still half the value of what it should be.
Pretty sure it will get back to 50,s at some point. It has done a couple of times and now the overall outlook is looking more positive when it last hit 50,s.
Looks a no brainer sub 30p
On line retailers certainly suffering of late with costs and distribution and its not confined to clothing. Bwng on £132m Mcap v £900m of revenues is very cheap but they need some positive news to get back to a fair valuation for the company.
Hearing JD Williams ads on the radio this week. Pushing gardening stuff on finance.
For me on current progress and business recovery this should be back up at 50p. It’s half the price of where it was last year with nothing but positives.
I added at 22p and will wait for as long as it takes for that to double in price.
Pre covid Cpi was £1.50p and there has been no dilution through the pandemic, not many companies can boost that.
The plan is to be debt free and reintroduce a divi next year at which point more ii,s will flood in. There is already a substantial instructional base here none hold this cheap.
Schroder Investment Management Ltd. 303,103,914 18.0%
RWC Asset Management LLP 269,397,809 16.0%
Investec Wealth & Investment Ltd. 194,275,289 11.5%
Marathon Asset Management Ltd. 126,900,867 7.53%
Nice rise for the LTH here though I know most are still massively underwater. I read the rns first thing, 200k euros contract over 2 years looked tiny and the large pipeline has been quoted for 2 years around 65m to 85m but they seem to struggle converting pipeline to actual contracts won, so I dismissed it.. shows what I know !!
I suspect the sp had just fallen too low so was a bit of a coiled spring on any hint of positivity.. Be interesting to see where it levels out once the pumpers move on.
Hopefully the start of one of Cpi bull runs, it seems to have them once or twice a year before pulling back.
I certainly feel the results and forward looking statements were strong enough to take it beyond that 50p resistance, then the war started… some positive end news on Ukraine conflict will help.
Crazy to think there is 100% profit in it to get back to recent highs.