The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Would prefer actual RNS that indicate price sensitive activities are occurring,
Sunday Roast is a lot of old bolleaux in my opinion.
I would also like to see some sort of shares in lieu of salary arrangement to better align considering the number of different salaries he is taken across the network.
Not holding my breath on either but still hopeful the SP will show 2p again before 2025
Happy to keep adding at levels I like and trade some, nip n tuck along way.
Results were what you would expect when mcap so low.
By the time the majority “like” the results very much doubt you will be able to buy much below £1
Strong recovery potential imo
Further to my previous comments “screw Barclays analysts”
I re-iterate that.
Everyone knew Petrofac was petrof@cked for at least 3-6 months but Barclays analysts have only just cut price target from 80p to 10p.
Woeful analysis, Enough said!
The time implications and knock on effects are not understood by some imo.
The same type of people that try and apply buffet quotes about patience to cash burners.
Time is money when dilution is involved and that applies to most of AIM explorers
V Good post Chicken imo and very much your prerogative to take a forward looking view weighed against a low mcap and decent asset. SP can recover in better circumstances going forward, all for a balanced view and hope it does.
But the CEO should be on his last chance and prob would have been gone if the votes from AIM weren’t refused.
CEO should be on his last chance and paddling like crazy to hurry things up and protect budget so that any drilling will boost SP.
Even the bulls whose views I respect must know this
The Uk market is a sad state of affairs overall right now as is the fact the Uk seen as a basket case for investing by many.
Even UK pension funds had to face lobbying to persuade them to invest in UK equities.
I saw a doc on bbc called Inside story about the UK market in the 1970’s. Even back then the markets raised 600 million for new issues in 6 months.
Whats the UK market had in last 12 months?, crappy floats like CAB which was valued at a billion on wafer thin FX margins and it tanked as expected while the good stuff like ARM opted not to re-list in London.
Sad state of overall affairs.
Even a heads up to market on drilling schedule would get some much needed volume imo Bob.
Approval was given to sell producing asset to explore months ago.
Would some exploratory plans be too much to ask?
I’m bored already, can’t imagine how most of you guys must feel.
Took opposite view and cut a quick loss 20 odd %.
Did not like the after hours rns and the diminished net proceeds. Saw the risk had changed.
SP might still do something but the chance of zero went up too high for me.
Good luck all, still hope you get paid.