Member Info for IP3LY

“I could bail out, but what would I invest in instead?”- Spot on Fleccy my thoughts exactly. Having it in cash will be useless too as everything else gone/going up.

Just got to review personal financial decisions and sell/buy/hold and ride through the storm, and hope there is a ceasefire in the near future and wishing there will be peace and normality back in the World!!

GL & GLA

“Seraphim Space, the London-listed investment trust focused on the final frontier, is drawing up plans for a bumper new fundraising after backing a string of companies since its flotation last summer.”

https://news.sky.com/story/space-investment-trust-seraphim-blasts-off-with-plot-to-raise-new-funds-12555795

@Fleccy: Absolutely correct - one of the main factor is for value - if we can even see it’s undervalued he (Drahi) as a Billionaire can see it even further as he would be able to do something with the firm if he had the ability to do so.

True - even if he cannot outbid other parties and gives up on the whole idea he will make a tidy profit to the highest bidder if a TO ever happens - so either way he’ll be laughing to the Cayman bank.

@NigeCo: 350-400 would be reasonable with latter being mode preferable ofc to all shareholders I am sure. Agreed anything below 200 for Drahi is a bargain and for sure if not above 300 would be a disappointment to say the least.

My thoughts exactly with DT - which is why I think Drahi would happily buy DT shares if he is able to and DT would actually sell to him knowing he would a bigger stake - the deals that would go on there would be exciting for any business/strategic minded person.

Same reason takeovers happen - Increase choices and Ownership; Increase in market share and acquisition in new skills/services/people, and intangible assets esp. if his own firm may not have these things, and many more reasons. Furthermore, if he can acquire more stake rather keep the stake he has now - over the years as you know - he has that choice (if he wants) to takeover BT; sell it on; or just keep it running, or even improve the firm - as it may not be broken - but hell I can think of many things that need improving from what i hear from family and friends that work in BT/OR/HR lol.

If it's for his personal gain - it has to be for/of 'ownership' and securing his name in the Telecom world of owning one of the world's leading communication SP (can you imagine his face or the headlines if successfully taken over), as well as having access to all the other major projects and information that BT are vested in - that is not always apparent in day to day news on top of his own telco. and mass media services. Double positive for him to takeover.

All in all it keeps the attention and people talking about BT in the short - medium - long term whether that is good or bad thing - only time will tell.

GL

I concur Zibrahimovic - the fibre rollout is no doubt what he is after as everyone knows, and will either just sell off parts of BT he doesnt need or have Altice buy it to retain and integrate within his own firm. Furthermore, once the FTTP is complete - there will be no need for the copious number of BT/Openreach employees as the project will be complete (although with teething problems) it will be automated enough to outsource or retain for a handful of engineers to keep it going.

Absolutely to build a big enough stake - and playing nice to get on that Board, and have people associated within the Board be open to his words/methods.

A crazy thought - wonder if it is someone in BT buying up the shares (off market) to make the number of shares less available to Drahi - which if true - the shareprice should go up in reflection - which is another method to prevent takeover - although his stake he already retains he will have 18% but any more additional % he would have to pay a premium - which could deter him if it eats into the ROI he thinks he could get.

I think it is him or his firm too Nigeco - using the creeping method in takeovers. If it’s not him, potentially it could be someone on his side who is building/increasing their stake to be an ally of his - my thoughts its could potentially be DT who I believe are on the board. All in all if Drahi needs to get a seat on the Board and if he is successful - it will be adios BT, and he could buy out DT in the process.

Although a different industry - a similar method was used Billionaire by Bernard Arnault in how he acquired LVMH, and tried to takeover Kering with the latter being stopped of takeover because of a superamendment and poison pill method (which I previously mentioned in my post).

All this speculation and my opinion of course - and looking forward to how this unravels post June -and wonder if Jansen and Crozier are ready and know what they’re doing lol!

GLA ;)

'If' it does happen ..........time for a flip in poison pill if the takeover becomes hostile (although Drahi's method is a creeping method as we well all know), and I wonder if BT has a supermajority amendment in place to make takeovers even more difficult. Interesting times ahead...and who will be the better strategist.

Interesting times ahead.

Nice rise today! Well done to those who held on and picked up more of SSIT when it went sub £1 last week! ;) ATB

Yes - dividend pay date due 7th Feb 2022 of £2.31p. GLA

@TheMillipede824: Majority of stocks tanking at the moment to be honest - so any fundamentals etc. out of the window - esp. with all the doom and gloom financial news still circulating and general external factors. EIther ride it out or take advantage of the potential decent entry point but definitely would not sell these...as long term hold needed with these for any major return. GL ;)

Spot on RickyK/Djwall1s! Shame some just won’t have the patience of those timescales and want to make a quick buck quick quick…they will soon learn.

Anyhow, as I mentioned before this is a fund. If an individual does not understandwhat that entails then this is no good for you or do some DD.

Furthermore, the majority of the space companies (and market in general) is taking a battering atm. Will just top up more if this keeps on dropping esp. if below the IPO price - and long it out - even if I dont see the returns in my life time - these will be passed on to the younger generation where space travel will be the norm hahah. Better to be in than out nonetheless :)

Slowly slowly catchy the monkey for this one ;)

GLA.

Like the title of your post Ricky and my thoughts exactly.

Regarding news - I concur - as in the past I have researched SSIT it is only when significant news comes out it appears on certain sites. Otherwise very little or no news. Plus it is infrequent compared to certain Stocks news is because this is a ‘ Investment Trust’ after all.

Personally, I am happy it is weathering the economical climate currently and holding strong, and agreed a couple of good reports will get it moving. Still 20% up from IPO rating.

Let’s see what the new year holds and beyond :)

Happy NY and ATB all :)

Nice find of the recent SSIT news Troajan and posting ;)

https://theguardian.com/business/2021/dec/14/patrick-drahi-altice-increases-bt-stake-to-18

https://reuters.com/article/amp/idUSKBN2IT0GY

@Sandybot1 - All the same news but different media and words mixed into the article.

@JMT - I have the same thought too - and dont forget him wanting a seat at the table as well! The guy is a seasoned veteran in the Telecoms World - that’s how he made his wealth! Interesting times for BT - and to the detriment of the unsung heroes of the staff members no doubt. ATB & GL.

Haha estupendo TopCatz!!!

Another great RNS - Slowly we are getting there! 30p is the new resistance and holding well amongst the world news and may it continue to rise!

As always - well done holders and welcome newbies!

Until the next great RNS ;) TC & GLA!

The boom in buying a car without ever leaving your sofa:

https://www.bbc.co.uk/news/business-59295353

What’s the reason for the jump?

The news that SSIT has appointed Sir Richard Branson's former chief investment adviser Andre Ronsoehr as investment director, effective immediately.?

Email from Microsalt CEO as have invested in Microsalt:

“I hope this note finds you well.

I am excited to connect with you and share some news that we believe will be game-changing for MicroSalt® and our mission to help people worldwide reduce their excess sodium consumption which contributes to the development of cardiovascular disease.

1) Yesterday, the U.S. Food and Drug Administration announced new recommended limits on how much salt manufacturers and restaurants should use in food, with the goal of reducing Americans’ overall sodium intake by 12% over the next 2.5 years.

This is fantastic news for MicroSalt®, because we believe our solution is the only one that delivers the full flavor of salt (because we are salt (sodium chloride)), but with 50% less sodium.

Manufacturers that choose to switch to Microsalt, will be able to help achieve the new FDA guidelines without compromising their consumer's experience of full flavor.

2) Microsalt closed a deal to distribute SaltMe! full flavor-low sodium potato chips with one of the biggest supermarket retailers in the US.

Very early in 2022, you will be able to purchase SaltMe! throughout the U.S. We will then have a national brand, supported by a top retailer. This will help position MicroSalt’s SaltMe! chips as the leading full flavor-low sodium brand, in the better for you low-sodium category.

We will announce the name of the retailer by December 2021. Right now, our team is working very hard to build the inventory required to supply more than 800 stores across North America.

3) We have a new package for our snacks! After months of research and work, we are upgrading to a new package for our snack brand because we wanted to own the light blue color, which is synonymous with the “low sodium” category.

4) Procter & Gamble selected us as one of the Top 4 global startups led by former P&G alumni and we will be featured at the Procter & Gamble Global Conference on November 12 & 13th, 2021.

This recognition will put us in front of P&G leaders and former employees that are looking for opportunities to mentor, invest and help support companies like ours.

Spot on and agreed!