The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Only the Non-Executives have purchased shares recently. The Ceo sold over 600k in shares at (1.7 million cash )£2.90, its about time he stuck £200k plus in cash back in.
Looking on the face of it,it does look oversold. Unfortunately the market has lost confidence in the management. We need to see some positive contract news flow.
Any idea, who this longterm seller is ?
This is turning into a painful investment, now 50% down...
Very unusual share move in the late afternoon, on no news. Ill be watching the RNS column tomorrow , to see if anything pops up up tomorrow. I bet that person who sold 15k worth at 79.7 p will be gutted now....
Here you are..
hTTps://investors.kape.com/sites/kape/files/2023-03/pdfs/response-document.pdf
The document was posted yesterday, Check the RNS...
Sagi offer out Kape on a P/E of 7. Don't think I've ever seen such a low ball offer...
It also could be a sign that Teddy, needs more time to organise another possible bid. He originally offered 2.65 in December, then came back 2 months later with a £2.85 bid.
Bad day for SCSW, CLX, TRMR, RCH all down today. They've suddenly gone very quiet...
CLX will probably fall alot more yet. They are still on a high P/E, and they look like they going to have a bad year or so ahead...
3 billion, not 3 million..
If there isn't anything fraudulent, these look good value. 3 million landbank in the southwest where their is demand and over half has already got planning permission. 118 million debt, is a drag in these markets though. These could easily be worth at least 4 times current share value, providing no shekletons in the background...
More potential work, up and coming.
hTTps://www.offshorewind.biz/2023/01/16/orsted-applies-for-four-more-permits-in-sweden-planned-offshore-wind-projects-now-total-18-gw/
Once this overhang is cleared today, these will move up alot higher.
Traders will trade these big style today.
Yep, winning contacts more than the current market cap. Good to see them winning contacts in different areas of the world..
Alot of rampers/ Short term traders, jumping onto the next spike. Them disappearing. You got to do your own homework...
Big Growth in USA wind farms 2023.
hTTps://www.canarymedia.com/articles/wind/us-offshore-wind-industry-to-hit-major-milestones-in-2023
hTTps://twitter.com/wallet_investor/status/1606329593929076736?s=46&t=dvtxQNettD2TYLBAywkstQ