Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Bought 2.5k @ a little under £1.53 ... holding 12.5k — £1.50 or below has always (ish) been conviction buy territory for me ... not really expecting to see it and don’t really have the cash to play it - won’t be surprised to see it though!
Not aware of any recent news to explain ... may be one of the instis has had enough time to weigh up the results and take decisive action? ... I think the share price is in cheap territory, but whatever.
Re the planned kier living disposal I’m indifferent to mildly against as I think the value lost from surrendering earnings power is likely to be less than fully offset by any disposal proceeds.
Hi I’m holding 80,000 shares for clarity - no need for you to feel obliged to believe me - this is a bad day for my position as I am running low on cash and now the sp is a little under my break even — had I been quicker with my research etc my conviction might have been higher earlier
Having watched the website video thing all the way through once just now and thoroughly understood it all imperfectly i feel inclined to guess that the balance sheet has further to contract but probably to no lower than a book value per share of £2.50 before starting to expand again. I have not done any calculations, not even simple fag packet calcs.