Simon Thompson1 Dec 2021 19:12
It'll be interesting to see ST's update in Investor's Chronicle when he's back in the New Year. Last updates on this were:
10/08/2021 (92p): Venture’s shares have doubled since I initiated coverage, at 45p, in my May 2019 Alpha Report, and offer 50 per cent potential upside to my 130p target price. Buy.
16/08/2021 (65p): In my view, there has been a massive overreaction to last week’s trading update – 2022 forecasts are in line with the expectations I outlined in last week’s article – and the share price fall is not only overdone, but is likely to prove a cracking buying opportunity. I am certainly not changing my 130p target price. Buy
Some of these tips seem to need some serious wealth warnings! 92p to 130p is 42% upside; currently it's down 62% from there - not great risk/reward. Loop-up was another dud.
At least the commercial property and mining tips are asset-backed and probably have some tailwinds behind them (recovery plays on NAV and commodity super-cycle).