Member Info for Jerryspaniel

SB, I have a significant investment in SVE. If you are in for the end game the liquidity isnt a problem. If you are looking for a flip then dont bother. Personally I am surprised most of the serious long term investors dont have about 10% of their GGP holding through SVE. I do.

MF11. The tip of an iceberg is usually between 1/8 and 1/10.......

Mattyboy, my sincere condolences to you. As advised here please take some professional advice as it will be well worth it. My partner is an IFA and a member of the Society of Later Life Advisers. I am sure I can persuade her to give some free advice on a phone call if needed. Just to make sure that you have all things considered at a time when the brain doesnt always work as well as you think. All the best.

MFU, I think that you misunderstood my thought process. I think that its extremely unlikely to get a 5%NSR, but if we did I would expect that sp to rally substantially as the NSR would be sooo valuable. More like double than halve.
Just to clarify.

Hello everyone. I have taken a month off posting as I was grieving over the loss of my namesake and best friend. For some of you that will be a bit weird but for those who understand and took time to post messages of sympathy, many thanks. Much appreciated.
I have read every message though and at times thought about saying something. Losing Jerry was quite a telling moment and put things into perspective for me (as our good friend TmT knows all too well). Sometimes less said the better.
Anyhow on to more mundane things ggp related. While this may not meet with universal approval, I have greatly enjoyed reading starbright’s posts. IMO he (I think it is a he) knows his stuff and on matters of the market workings I have found that he is explaining things perfectly. Various comments he makes are phrases and sayings that you only get from being in the market on a professional basis.
Others can obviously make their own judgements, and will do, but I think he is a good un.
On other matters, I am not a fan of the 5% clause, as it gives far too much power to NC to screw us, but I am relying on NC behaving responsibly, using the valmin code properly and adhering to their own ethical standards. The best deal for ggp would be $50m, to pay off the loan and a 5% NSR over greater havieron. Not going to happen sadly but anything that gives us something we can agree is ‘fair’ will do me.
Otherwise it’s just a matter of being patient, which I am quite good at I think.
I am now free for endless lunches as I no longer have to rush back to deal with an incontinent best mate, and companion.

Well I didn’t think there was much to comment on Addicknt. People have made their choices and in some cases their votes (mine all went in ydy). We still have great assets and useless management…. Roll on agm. I just hope it isn’t the farce of last year. Doubt NM will look any cheerier though…

I seemed to have mislaid it and arrived at some pseudo political discussion group.
Boring!

Good chat guys. This is what these boards should be like, and rarely are.
I had quite a good relationship with Anna and Eliza but I havent bothered with Fawzi, as most of you are doing that for me. Has anyone asked him whether, at this years AGM, there will be the usual Chairmans address, a review by the CEO and Q&A? Or will we be having the same omnishambles as last year?

Oh and RK, when I was on a plc main boards, I voted against the company twice. Didnt resign and wasnt asked to. Both times it was on a technical point and I stood up for the PI vs the vested interests of large shareholders on the board. Life went on..

Afternoon Taverham. Well the poor old boy is very old now, but is doing as well as expected. He owns more shares than he has ever owned in GGP. Quite relaxed about the future......

Not sure thats a fair comparison. Synairgen was a year ago when Covid was rife and now PB is fast becoming the accepted way one year later. Fast, clean and cheap.
In addition the driver was the instos. That SD made the price available to PIs shows that he listens and learns. Why didnt the great GH do that? Sadly ISAs and SIPPs were a casualty. Not SDs fault, more HMRC.

I too will be voting against Moller but in favour of the other directors. Am undecided on the specials. I am concerned that they may dilute us with some daft idea they can take this to development, let alone production.

Why would you think he is playing games redirons? After all it’s a Bloomberg error. Nothing to do with him.
IMO of course!

Evening Redirons. I trust them. Whether you trust me is up to you.
Jiffy. My name has been wrong since they first published my name. So, wrong for about the last 24 months I reckon.

I have had the weekend off from here but just catching up.
I have it on very good authority that GHs holding is zero. Bloomberg is wrong, as it often is.
I have also heard a rumour that we have at least two new instos on board. I think this is probably correct as I know SD was keen to get them on the register. We should welcome this, as we should the 114m volume on Friday. All other instos who are interested in buying will also know there won’t be another placing for a while, so if they want shares now they will have buy in the market like everyone else.
This week SD has the opportunity to clarify things for those of a nervous disposition.
When investing it helps if you trust the ceo with your money. If not there had better be a good reason to own the shares. I didnt trust the ex ceo of Solgold at all, but the asset gave me some comfort. With SD I trust him about as much as I trust anyone. I think he has been a great ceo so far. In the short term he has little effect on the sp. If that’s your yardstick then judge him over 5-7 years like most equity investments.
Have a good week everyone.

Mark yes he said that. It was there for all to see. Just some people only see/hear what they want to.

MFU, the good old Colonel needs a geography lesson.
I think private, second class is more befitting....

RK, so all you have done is align yourself with the majority on this board, and if I may say so, reality.
I did think you meant 30/35p, not 2-3 times.

It is a bit of a bizarre post RK. Why inform others that you have raised the white flag and given in? Will that help you achieve your goal of exiting your investment?
Most of the time I get where you are coming from. Not today.

Matm, I have never heard of seeing machines, but just because one company in 2,500 can raise money at a premium it doesnt mean everyone can.
Hydro is right that the SP drifted this week because of the leak of a placing. It always does. Look at most placings and rights issues. Always weak before the issue, then trades at the weighted average of the dilutive effect for a day or two and then generally pushes back to its 'fair value' where buyers and sellers are content.
As for why the extra, it was a minimum raise not a maximum. Just imagine all those bleating PIs moaning on about how they were scaled back massively if the raise was just the $10m. In fact I was scaled back so they could have got another million or so.
I am really disappointed about the level of understanding on this board over the past couple of days. I would have expected it from my local pub but some people on here are supposed to be experienced investors. I guess they are learning now!
Onwards and upwards!

Absolutely MFU. A real Jekyll and Hyde character. Sometimes on here he is worth reading. But clearly a really nasty piece of work. Why do it eh CD? Bit of fun? No class at all.