Member Info for Krustysmegma

Thanks HbD. I suspect we'll find out who it is eventually, probably before anything official is revealed. This site is renowned for being the unofficial SAR RNS service.

For anyone with a better memory (or backup data) than me, was SRA737 originally called SAR020106 and/or CCT245737? Would it be appropriate for CRT to rename it now, getting rid of the SRA link, given Sierra did nothing with it for years and GSK gave it back?

Order filled @ 54.50, will set another limit order when funds raised.

Yes, it's 0.1% of the capital (rising to 0.2% in February). That's less than I hold. The idea that PH is short on SAR is unfounded and, frankly, ridiculous.

My previous comment was deleted in the PH shorting thread. There are no shorts currently open on SAR.

It did feel like the ideal opportunity to bring someone in from outside. New broom & all that...

Given a choice between boring or Looney, which would you prefer?

Whatever it was asda, it didn't last very long! Back down to earth with a bump.

With the sp back at this level I'm looking to pick some more up cheap. Limit order in for another 5k.

Thanks for useful comments guys. Apologies for my paranoia re winding up, just seems to be happening all too regularly now across my portfolio. Agree no reason to suspect it might happen here though, I certainly hope not.

Down 6% now. All I can see is a near - 10% drop at Motorpoint, which represents about 8% of AIRE's rental income. That seems to have come after the AIRE drop though so probably nothing to do with it. Mystery for now...??

You've had a breakout in early December and another in early January, I'm guessing you might have to wait a couple of weeks for the next one...

Yes, good advice EnglishPatient. I'll be doing a deeper dive into TPFG myself before making any decision once the merger has completed.

No doubt there are some very positive results of this "merger" which I can reflect on at some point but from a personal perspective, I've invested in Dorian & Louise and the fact neither will be involved (beyond the single-year golden handcuffs) in the "new" business is very sad. They've been exemplary in running this extremely successful, Lincolnshire-based company, in particular their willingness and ability to communicate effectively with shareholders has been an example to other senior execs. Sad day, Belvoir will be a big loss to my portfolio.

I guess they might issue a B or C share in the company which would have no intrinsic value as far as a listing price but which would entitle the holder to receive "dividends" equivalent to their proportion of milestone payments received. Something like that anyway. And don't forget that, as shareholders, we get to vote on whether any deal is acceptable to us, so they'd have to explain very clearly how we would be entitled to future payments if the deal was structured in that way.

£9m trade just gone through, certainly looks like a buy given the spread at the time. Seems to have perked the SP up anyway. Perhaps someone knows something we don't?

Lol yes, to misquote the late George Best, I spend it on women, booze & cars & if there's any left I'll squander it.

Couple of interesting numbers here:

Distributable reserve £289m (at half year); market cap £319m.

With the current vogue for winding down relatively successful Trusts (e.g. VSL, TENT, HDIV, RMII) one wonders if questions have been asked by the larger shareholders?

Seem to be completely under the radar Sam, bit worrying really. Let's hope they don't take a significant stake.

SD235, I agree this is going to be a long & drawn-out process. On 29th September they said "it is the Board's current estimate that the first distribution will occur at the end of 2023 or in early 2024 and that distributions will continue thereafter with a substantial proportion of the portfolio being realised within the next three years."

The company also expects to continue paying out existing dividends (2p per qtr) "...for at least a year and potentially longer."

No doubt they will be keen to clear any outstanding debt before starting to make returns to shareholders, as they've previously stated.