Member Info for JohnLewis79

Final div paid today.

Dancing in the streets gets exhausting and the euphoria of Mugabe's going will be short lived once the people realise their exchanging one corrupt leader for another (his right hand man) who put 'the stick' about! I doubt much will change, fraud & corruption was not limited to Mugabe in fact it's endemic throughout the political class in Zim. Once back to normal the Zanu-PF party will reassert it's grip on Zim and most likely carry on much as before. Perhaps not the revolution Zim deserved.

Out he goes....but not much merriment on the Lusaka stock market today. Still c.20% up ytd not too shabby.

Beauty, they say is in the eye of the beholder....but how many do we have? A growing band of lth's I hope. Rest easy this share will be way way higher than this in a few years. You need patience as we will be up, down, up & down but assuredly the trend line will be going in a Northerly direction. If not I will have seriously misjudged the co fundamentals and expected cash flows in the years ahead. Of course should a stock mrkt crash be imminent....notice how the scribblers are talking this up...we will have a set back. I've ridden out the '87 the Internet rout and Lehmann bros crash and survived so one more won't make a great deal of difference to me. I'd plan to have a few quid ready to accommodate distressed sellers just in case...

The Scottish airline adopts Q-pulse risk for its corporate risk management programme. These cover financial sustainability, safety and customer service risks to name three. Currently globally 100 Airlines use Ideagen products & services. Loganair is Ideas oldest airline customer. The 'snowball' effect operates well in this company.

Was it not Churchill who said ...."democracy is the worst sort of Govt, except for all the others".... The Chinese who call the tune in many African countries argue their form of socialism over the mother of parliaments democracy. Their ideal of a one party state- led capitalism and tight idealogical control to enforce citizens loyalty is being adopted as a preferred route to the West's path to freedom and prosperity. Will Zim fall under China's spell as the UK & US power over African affairs ebbs away? Some African states are entrenched in democratic values let's hope Zim does not adopt a quasi form of China's socialist caplitalistic values. Mnangagwa who stood side by side the crazed Mugabe for many years. As China's preferred new man in charge you got to wonder he might be played by Beijing.

A grudging 1/4p rise which means zilch to lth's. Checking the daily sp is really for short term traders though Idea is not my idea of a trading stock the (T+3) pis will latch on to tiny profits and move on. On a ytd basis Ideas sp has had an excellent run, so far this year climbing c.35p and if buyers are out with some Xmas spirit the shares could well close in the mid 90s. The reassuring thing about Idea is that all the graphs, metrics and sp all point upwards. Considering the Co top line is still less than £30m Idea has massive scope to increase rev's above the year on year %'s achieved to date. As good a lth I can find on the lse.

Small tick up in Zam shares coincidental to Zim shenanigans? Perhaps one more dysfunctional state returning to democracy soothes nerves of adjacent countries. Will the million or so Zimbabweans now return with Mugabe consigned to history?

Update on trading and an only in passing reference to FOBs and kicking the decision down the road which suits bookies no end. The reluctance of the Govt to do anything other than offer platitudes and procrastinate has Sads & WH counting their ill gotten gains.

Mugabe given till 10.00am today to resign or he faces impeachment. Should have been on his bike by now.

You will have to wait for the Spo Xmas present of 29p to holders until 18th, Dec. Should give you time to consider options. One that might cross holders minds is to use your cash windfall to buy more stock in the market. The drawback is what price will you have to pay come receiving the money? A 50k holding will most likely be worth c.£37K (50x75) plus your div of £14.5k (15% tax paid for most) which would imply adding c.19k extra shares @ c.75.....to keep your cash % equal to your Spo value pre distribution. Of course you might pay more or less come 18/12th. Shareholders equity will have fallen by payout value and par of the stock to 20 from 30. Bidders will have to factor Sportech value minus it's cash pile of min £55m and it's much nearer current than hopes of 120-140 a month ago. At best 80-90 looks tops imo probably reflecting the value of Spo US licenses and easing of the regs regarding gaming in states other than the 4 currently licensed to operate. So if your lucky you will have the 29 in cash or extra shares and a bid of say 90 so another 15 in the kitty making c.45p. Worth waiting for if all goes well. Other than that you could take out your costs and run the rest for free or sell 90%, run the balance (might apply to bigger holdings) or variants of...At least holders are in a strong position and in no need to make any rash decisions. An alternative to cash, an option of taking shares instead of cash would have been nice might still be clobbered for tax. Whatever these decisions are preferable to ones I have recently had to make.....

Finn Cap remain highly positive on Ideagen with 108 in mind.

How is the coup against Mugabe being seen in Zambia? I'm not even sure the countries are close in non geo, politics & trading. Zambia is obviously more stable but could there be repercussions or could Zambia see this as an opportunity if the new Govt conduct elections to play a part in the countries agri reconstruction via Zambeef?

Quite right mann123...I should have made that clear.

So far this month 4 new customers have been signed up by Ideagen adding to the c.24 others from the start of 2017.

Just to clarify 'I sold' refers to partner acting on my advice.

Xd date next important point to note. You can buy Spo the day before exd date and be entitled to collect the dividend. Also worth noting that as long as you buy before the ex div date you can sell anytime ON or AFTER said date and still receive the payout. Generally the sp will fall by the div amount declared as this cash is no longer in the Co coffers.... but it's not a given that SPO will fall by 29. It could be more or less or even on rare occasions go up.

Partners added here yesterday but the trade not registered. Red is blue and blue is red, deals not entered, fundamentals 2 years behind, no wonder pis are confused. Working in a fog on the lse!

I sold 30k @12 earlier as an opportunity in another stock I have been keen on.... came my way. Still holding a decent amount in Zam. Kwaheri Rufiji.

Well this was the poison pill imo and bidders were or should have had the 'sp' on the cap distribution as it was well trailed! I should think some will drop out as losing the cash cushion makes Spo 55m quid less appealing. Any bidder will have factored in the possibility of buying Spo with a neutral cash balance, so this still makes the Co an attractive prospect though now very much in the longer term. Forsake the div now or collect later, there's not much in it imo. I'm a seller now but other short termers will buy for the div. I think the next few years are going to be a hard slog and there are better opportunities elsewhere particularly as one is unlikely to know who has bought Spo and for how much until the N.Year. Better safe than sorry!