The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
To the contrary I find the whole story/episode fascinating. I cannot quite decide whether to laugh myself silly or just cry. I am watching it unfold with interest because the main point is that it is not a threat to Bushveld at least not for a very long time.
I went on their board relatively early this morning to see the question being asked “ what will happen to the SP tiday” of course I couldn’t resist so I posted “ it will drop inevitably”. I went back maybe an hour later & my post had gone.
Macanman I always used “strong buy” because I believed it. I stopped using it when I felt it became inappropriate to recommend it to friends .I won’t use it currently because “v” still hasn’t flown yet, thought it has done very well over the last 3 months & we are still very much kept in the dark on VRFB’s & BE in general other than vague commentary . When the fog lifts I will shout strong buy from the rooftops again. I am going to check my posting history & see when I actually stopped.
Spot on Lindon.I don't always agree with what Fara posts but i would defend his right to post it, he is not a troll clearly. Conversely i agree with most of what Pdub posts but I disagree wholeheartedly with the notion that talking down (as he puts it) your company is counterproductive. It is widely believed that Fortune reads the BB in which I will be delighted if he gets to understand the frustration of very many LTHs & in my words from the weekend ( 60 + recommends no less) & duly gets his finger out!
I do realise that, it was tongue in cheek. If Mustang ( or anyone else fo that matter) could sweep up our shares ar the current share price for less than £200m they would get
1) two working plants with scope for expansion
2) Mokopane
3) Brits
4 ) Lemur( to sell on)
5) shareholding in Enerox
6) shareholding in Invinity
7) embryonic electrolyte plant
8) Iron ore
9) world wide contacts
Thank goodness this band of pi’s has a complete effective veto. Having said that the attrition has no doubt worn out much resolve, including me. I would have dismissed a £1 offer two years now I would grab it with both hands.
Good luck Jvetch I hope you decision is better than mine( though not at the ecxpense of BMN). Back in November last year I was becoming increasingly nervous at “ having all my eggs in one basket” & liked the prospect of Burford Capital. So I sold just shy of 1m BMN at 13.3 ish & bought Burford at £7.20. Burford is currently £6+ & ridiculously fluctuating so not my greatest hour, Beware of what you wid
Sh for.