The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
well i am tempted myself to add to my sipp
btw , for anyone interested there is 300k hidden on offer @ 3.34 , just did a dummy buy order to see whats there
"ruffling gov's feathers"
captain i could not agree with you more , but odx are in the here and now imo had they not taken certain steps ( alva cd4 ) they would not be worrying about future gov contracts or any contracts for that matter , they would be collecting universal credits !
once the gov situation is resolved they can plan forward with covid cloud behind them especially as the £2.5 mil noose is allocated and accounted for as a liability on the books , anything not being paid back is a bonus , + potential comp again a bonus but certainly must be ignored until clarification
captain "in my opinion they will continue to negotiate with the gov at the gov pace. the gov will either compromise or threaten to take them to court."
i agree , so why would they be blacklisted then like dsaf suggested ?
i see your point about a future gov contract but i most certianly think its not a priority with extremely limited potential for odx , if any !
dsaf, noticed you wrote a post a while back saying that ODX would be blacklisted from future contracts with the dhsc / gov like abdx , not sure i follow your train of thought . Odx have never been interested in gov contracts until covid which is proven to be a nightmare , dont need to go through why its been so as its clear for all to see , so why would they be interested now or anytime in the future ?
"Firstly I doubt they would sell at 3p for a 25% loss."
captain thank you for the reply i appreciate your view on this and the warrants .
I dont agree however that the BSF would not cut out at a loss if they had the same view as others on here only 1 month ago of so ago, many suggested that company might fold , with that in mind and if the said BSF had the same view why would the not take a loss and move on the other investments , better to loose say 25% than the whole 4 p placing , dont you agree ?
i dont view the BSF any different to other investors apart from they will have a different timescale perhaps, hence the nickname lol!
cheers captain for the reply ,
what i am trying to establish , hypothically if the BSF has 5 shares @ 4p and 9 warrants , if he sells the 5 shares at lets say 3p , does he still have the warrants should the sp rise later ?
"these bucket shop flippers buy distressed shares for a quick turnaround. then move on to the next placing."
captain , i understand that no 2 warrants are the same , they have different and individual components , pricing, time frames, schedules etc etc , so am i correct in thinking that if the bucket shops sell these shares , they forgo the warrants as they were attached to the shares at a 9:5 ratio ? or in this instance are they completely seperate to the shares
Easy to forget about the millions of placing shares still to be sold though isn't it..
dsaf , why is it such a bad thing for the placees to be selling ?
captain , i could be wrong of course but i do think its been down and accounted for as in the liability sheet
"As odx still owe the gov"
i agree captain it doesnt bode well if this goes against the company , however as the £2.5 mil is already accounted for in as a liability in the accounts and as such any drop would be a great opp to buy imo
obviously dsaf that is a very possible , lets see how it pans out
dsaf, i agree with you its not frantic, anything but , however to move up like this on such little vol is usually a telling sign !
lets see how the rest of the days pans out
ds 10:23 post
i agree with the small raise coming in feb / march time , however we need to be mindful that NICE are not running a business , they are sitting on fat salaries pen pushing and it doesnt matter to them if it takes a week, a month or even a year imo, they dont have targets to meet other than end of month wages !
for the bod to pin there hopes on this approval with no back up plan is mental
i am invested and will stay invested but the facts are the facts, best products on the market but if you cannot sell anything then the writing is on the wall !
right , so that prezzo imo was insulting to all watching , right , right , right ! because hes back is against a wall and he know it
i do hope i am wrong and dudd pulls a rabbit out the hat but this has all the markings of 4D imo , yes i am stuck there also lol
yes gdr have good products in the pipeline , my concern is as it has been for some time cash flow in the short term, so without concrete sales being announced monday we are staring at a raise imo !
ps i hope i am proved wrong
caley , i do stand to be corrected but that is what the approx vol is from what i can see !
please correct me if i am wrong
dsaf , unless i am mistaken are they sold approx 700k in shares (£30k)
if that is the case , are you honesty suggesting a multi million pound company like Speadex would orchestrate a p& d for £30ks worth of shares ? a more substantial amount would be in keeping , or could be they just rounding down at this very opportunity and are obliged to let the mkt know , perhaps ?
FA , well i couldnt buy as many as i wanted yesterday as i had to wait and cut my harl & wolf for just a 200% winner so hopefully i get a chance to buy more today cheap
dsaf , i do appreciate your comments and that in most lif not all the lse share bb , odx is no exception, there are both sides of the coin and one has to be mindful when deciphering them