The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I agree with the prinicpal of inflationary pressures Aimitan, but there are pound shops everywhere and inflation is a very recent issue...
Dipped my toe in at 1.01. seems like a good recovery play - inflation will reduce when oil/gas settles and covid is on the way out after the next wave...
42 - first yellow would stay down?
"However, as regular cinema-goers will know, those with a seemingly reasonable case do not always emerge as victors."
We could just send them around 6m 1 year unlimited passes and tell them to enjoy. If they appeal we could upgrade them to 4dx...
Agree Wellington - Just topped up £2k @ 0.2937
Pleasantly surprised by the market's response. A drop in Cap of under £170m after a judgement for well over £700m tells you how the maket see the outcome of the case.
Kahn - I was referring to the appeal with my comment...
Levon - Judgement today has reduced possibility of an RI - who would do an RI with MCap at this level - remember the proportion that the Greidinger's own. Takeover is a real prospect though and wouldn't necessarily be on positive terms as it would be a last resort for owners.
I still think that the most likely outcome involves kicking the can down the road and recovering revenues.
Bonkers - clearly some politics involved here - 'kick the dog whilst it is down' IMO. I would suggest that they weren't expecting it.
What will really happen is that the appeal will take forever, Cine will either overturn decision or significantly reduce settlement and in the meantime Omicron will blow over, recovery of footfall and revenues will continue. The biggest risk is refinancing debt with this hanging. Anyone know when first debt matures - I haven't been too close to this as the business recovery suggested it wouldn't be an issue.
Certainly not the news we wanted, but Cineplex will never see the cash and they know it. My biggest concern is refinancing with this hanging. I suspect we will find a way. Appeal will take forever so this is going to drag recovery out even further...
Put it back a year and go for a 10 bed with a pool.
Good to see that brokers haven't completely forgotten about IGAS... I've been hoping for a £40m revenue full year since I bought in, although I was hoping for more comms around diversification intiatives along the way. A modest increase from an II today, broker upgrades and the announcement have done little for the SP, but eventually all of these positive RNSs will be viewed along with a great full year performance report will surely bring some attention.
A revenue to MCap of well below 0.5 can't continue for too long...
£35M revenue from 255 bopd??
Chuz - less shares in circulation - increase demand. Most don't lend out for shorting.
Fine with the delay. Gives me most of what I need for most stocks, but with ARB I always have to dive into my dealing account for anything useful. Just wondering why it is different.
Lots of NASDAQ pre market activity around $15 which has dragged this back but I still see a further rise on opening.
Why does ARB constantly jump in 2.5p increments on this site. None of my other stocks do this even penny stocks… kind of irritating.
A decent RNS given Bitcoins movement through November. Almost breaking even with around a 12% drop in Hodl is not bad. Worth remembering that at the turn of this month Bitty was sitting at $57k so it has a bit to go before getting back on par. Nasdaq pulled us down yesterday, but I suspect it will react positively to this RNS along with a buoyant Bitcoin. GLA
CT - ARB are down around 20% over the past week whilst BitC is down around 25%. Don't expect arb to rise and fall proportionately with the crypto it mines as it still has great margins, business expansion plans and like any company it is based on future as much as the here and now. Topped up £2k. Wish I has more to invest...