Member Info for Krustysmegma

It's an interim, but the last interim was 10.2p

...and it was loaded with debt, but the timing & terms still seem pretty poor for BDEV holders. The economy is far from out of the woods yet so who knows what's around the corner?

Hope they don't get any stupid ideas here. Rubbish deal for BDEV holders IMV. Hope the MMC quash it before it gets any further.

Reminds me of the Taylor Woodrow / George Wimpey merger which almost put them out of business. Difficult to see positives from the BDEV side.

Drusus, there have been plenty of twits on here over the years, not many of them (including me) are worth half a million quid on a couple of shares. So you're not doing too badly.

It's not really a risk potnak, I'm only using the funds I banked when I top-sliced. My entire holding is free running. It's because I'm risk-averse (having had my fingers badly burned in the past) that I top sliced such a large % of my holding, despite manic pressure on this board and elsewhere to hold. I'm having to raise money because I reinvested in growth Funds in my SIPP, so I'm skimming off them to buy here at these ridiculous prices.

I wish they would slow down a bit, I can't keep up! No sooner has my Buy at 45p triggered than we're looking at 40p. I'll need to raise more funds though because it's 10,000 every 5p from here. Any sniff of good news, real or rumoured, will see this flying back up. Not just yet though, please.

I guess it's about timing as much as anything MattyBoy. I got in early here & top-sliced when the going was good. As we've discussed before, I put some of the winnings into GGP where my average is 23 because I was too late. So, for me, this has been a fantastic journey whereas GGP is a bloody nightmare. Presumably it's the opposite way round for you, but maybe for the same reasons?? I'm sure you've more than covered your losses here in GGP...

Rayboy, I've had loads of other shares that have gone wrong big style, this one I've been lucky with so far.

Life's about choices, for those of us lucky enough to make them. You could have sold some for the equivalent of £4.50 a couple of years ago & you chose not to. The opportunity was there.

The opportunity is on the buying side at the moment. You may look back again in a couple of years & think, I could have bought a load more when they were 45p...

Just my opinion, of course. Everyone has to make their own choices. FWIW, I'm buying every 5p dip currently.

I'm in GRF too monkey, have you been watching it for long?

Seems to have done the trick too, for now at least. Must admit I wasn't expecting that this morning. Fingers crossed for a steady rise from here.

What "orderly sale of assets" are you expecting, given that the company makes its money from loans to US and other international businesses? Although the loans are mostly short-term, this is going to be a protracted process with no certainty of outcome for shareholders, hence the sp weakness.

The market is starting to appreciate the value of the deal now, both BLV and TPFG sp's have recovered strongly after initial dips. I know very little about TPFG but I know they're getting an excellent business in BLV. Still haven't decided whether to hold my new TPFG shares or sell once the "merger" has completed though.

The market is starting to appreciate the value of the deal now, both BLV and TPFG sp's have recovered strongly after initial dips. I know very little about TPFG but I know they're getting an excellent business in BLV. Still haven't decided whether to hold my new TPFG shares or sell once the "merger" has completed though.

I keep typing out long messages & then deleting them because I don't want to cause offence. I'll just say, this 10-bagged between September 2020 & August 2021 and leave it at that. I have a buy order in for another 5,000 @ 45p which, once again, I don't expect to fill (like the last 5, which all filled...), if it drops further I'll be buying in 10,000's @ 5p intervals.

There's a pretty big gap between the SP & the NAV here now, which means the markets are expecting pretty spectacular growth figures from Action. Today's numbers look extremely good to me, but perhaps the growth numbers aren't quite at the level forecast by the markets. That plus a little reverse on exchange rates which didn't help. Not sure if others on here have any thoughts?

OK well in theory you're right of course, there could be a vote to reverse the original vote. I don't see it happening though, I believe it's much more likely we'll start to see funds returned to shareholders relatively soon, maybe in the next couple of weeks even. Hard to see any way back once that starts to happen, surely, despite you & I (& I'm sure lots of other PI's) wishing it would.

You're either a liar or insider trader, which is it?:

Bet you're glad you got out when you did sidi!! Are you tempted back at these levels? As you can see from StarBright's summary below, the UK accounts for less than 20% of GSF's revenue, so should be much more resilient in terms of maintaining the dividend that GRID has proven to be. I'll be buying more if this drops below 65p.