Member Info for jollyspeculator

reducing yr monster holding... ...but the Mighty Bear "shd" trade c£1 if not above on multiples...imv

but now up with its peers imv...sold a few and now on free carry

yep..shd reassure...bounce towards 50p?

good post..

fingers crossed

so maybe the usual sell off will not happen this time

and not that cheap on EV basis

@126/8...pe close to 10 for growth...with seasoned management entrenched in nice little business thay should be a winner both through import substitution and competitive pricing in export markets

different..a few hefty buys

just less often than...

top sliced @71p ish... ..too cheap, but the Bear likes to range trade

and the placees may not have focused enough on local sentiment/politics...so may be forced now to derisk?

yes..SA is a mess that looks like getting messier ...The risks of investing in these strategic assets in dodgy countries is higher than most punters appreciate ..we have had decades of relatively benign behaviour, but will it last?

it's the comprehensive draft legislation changing approach to natural resources...

https://en.wikipedia.org/wiki/Julius_Nyerere In 1967, influenced by the ideas of African socialism, Nyerere issued the Arusha Declaration, which outlined his vision of ujamaa (variously translated as "familyhood" or "socialism"; not to be confused with the Swahili word Umoja which means "unity"). Ujamaa was a concept that came to dominate Nyerere's policies. However, his policies led to economic decline, systematic corruption, and unavailability of goods. In the early 1970s, Nyerere ordered his security forces to forcibly transfer much of the population to collective farms and, because of opposition from villagers, often burned villages down. This campaign pushed the nation to the brink of starvation and made it dependent on foreign food aid."

yes...I have not followed Tanzania closely...and this is troubling.... ...Julius N was a great "Father of the Nation" and perhaps the attachment to socialism runs deep ...I had to sell my ill timed 5.62 punt ...let's wait & see what emerges from the mess

electric cars will need to be distributed...so motor manufacturers and the global oil industry will suffer, and the dealers have all to play for

run rate pe less than 10...ev/ebit c6 ...if this is the "inflection"..then multi bagger

the fall in profit is really more like £7m + £20m extra on debt tho...and the management of UK ops is a big worry ..gl

unimpressed by management of UK operations...also the debt is up £20m due to euro exposure tp for rebuy 380