The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
And the market capitalisation is simply the number of outstanding shares multiplied by the current share price.
Similar story here. I originally got in last year at c55 for a quick trade but got caught with a drop & decided to hold for a while & collect some dividend this year, but looking to exit c60.
Sold at 60.51 last week and back in again today at just under 55.
Looking to sell above 57 & buy back if it drops back to c55 again.
All those 5% gains could add up to quite a bit over a year.
Make it over 333p & I'd be happier, what I paid for these about 6 years ago.
I'm pleasantly surprised that it's recovered quite a bit recently though, I'd all but written these off a few years ago.
It's an aspect of investing I'm really bad at. Holding something that has a big drop, then a slow recovery.
Getting out with a smaller loss should be the plan rather than holding forever hoping to get back in profit, but I end up holding stuff for years when the money could be put to better use.
The quote I heard was "the market doesn't know your entry point".
I'm tempted to topslice. I've held these for years, since 163p.
It seems to regularly spike and fall back, I just know that the time I sell some it'll end up holding the high.
My plan would be to keep a core holding but trade some between about 1100p & 1350p.
I do wonder if they'd be a bid target for someone big, but might be some regulatory hurdles given the political data they handle.
Jonathan Moulds £700k buy, he thinks the same.
The Unknown is a buy.
I was watching this after seeing Naked trader tip it. Noticed the dip yesterday, managed to bag some today. LTH for me, although I won't rule out cashing in if it spikes.
I'm guessing it's being pumped on some Robin Hood/Reddit type place.
This was the news I read on Friday.
NMC came out of administration on Friday, ending two years of uncertainty after debts racked up in an alleged fraud threatened to destroy the United Arab Emirates’ largest private healthcare group.
The scandal at NMC left creditors with large outstanding debts. The company collapsed in 2020 after revealing more than $4bn in previously undisclosed liabilities across NMC and other businesses founded by Indian entrepreneur BR Shetty.
A new NMC group, NMC OpCo Ltd, has been formed from 34 of the 36 companies that were subject to the administration proceedings under the courts of Abu Dhabi’s international financial centre, allowing the healthcare operations to continue to trade normally.
The group is now planning to expand its hospitals and clinics, build new revenue streams and find cost efficiencies.
The UK’s NMC Healthcare PLC and UAE-registered NMC Healthcare Ltd will remain in administration, allowing Alvarez & Marsal to continue its investigation and pursue potential avenues to recover funds for creditors.
There are other fees on top of that where Amazon costs more to sell.
e.g. Amazon has a £1 'closing fee' on books. Amazon is about the most expensive place to sell cheap media.
I see MM's legacy books & media stock as a bit of a liability and wouldn't be surprised if they unloaded that part of the business and concentrated on stuff like refurbished electronics.
Just sold mine @ 600.5p
Really annoying for me. LTH since buying at 145p in 2014. Noticed it's been a bit flat overall recently but fairly consistent small swings. I was getting a bit uncomfortable with how big a proportion of my portfolio GBG was. My plan was to do some topslicing if it got back above 900p and maybe start trading the small swings.
That's in tatters now. I didn't want to buy any more on the slump as I already have too many, and part of the reason for topslicing was to free up cash for short term trading.
Same here, I'll wait till the meeting on Thursday and probably sell soon after if it looks like nothing else will happen.
595p today, that's more like it.