The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Yup today that would be the case, but it’s an short sighted approach. This isn’t BP cutting its losses and getting out of dodge. This is a company reducing its peacetime intrinsic value by 60%. Again the best thing the board could do is to do nothing. The SP was touching 360 last week on no news. The redom is only in Nesis interests. Would be interested to know what the Blackrock think!
This will continue to bleed. The best thing the board could do, was to do nothing.
Not really delivering shareholder value though, just abandoning Russian assets.
Roxy, that’s still a real possibility. A second wave of mobilisation is underway in Russia and the war will drag on with colossal casualties on both side. That wasn’t known last year!! Away from the Crystal ball though we know the BOD are moving the primacy listing away of the LSE. Nesis don’t care, he can go and collect gold, we’ll be the mugs. I’ve done lots of research into this company but in my opinion it will bleed out (on LSE) until the move… and I’m out for good now. (If it drops to sub a quid I’ll take a small punt on Putin dropping dead and the few young Russians left rising up against another strong man… maybe)
Iweb works
The expression ‘weak hands’ really annoys the hell out. Why is silly crypto talk moving over to sound investments. If a stock is falling on bad news, you’re not a hero for holding on to it
Dunno why it posted that! My point was going to be… out at 335, closed at 270. I don’t need sympathy. It’s bounced back from 218. This will bleed for sometime, they laid out the bleak horizon for all to see. Best case scenario is war ends before the permanently wreck it, highly unlikely
Out at 335 when they repeated that the primary listing will not remain
Yeah, literally was offered this on Iweb and shot back to 248 by the time I’d refreshed it. Still happy to sit tight. Picked up my last meaningful amount for 188 in September, personally I’d say the picture was rosier then.
Sub £2 by close of play
You reckon?
Reluctantly out at £3.35. The risk remains the same as when they were priced at £1.20 and horizon still don’t look great. See this working it’s way back down.
All a base means is they 'base' aircraft at airport.
There is no ceasefire. It’s the desperation of the move.
You can’t own enough of this… It’s becoming clear the Russians have done all they can and can’t achieve their goals. It’s a matter of time now. Look at the buys… I wish I had more money to throw at it
Great news at the right time. Got some money coming in tomorrow… let’s hope it spooks the market!
Sold these too early
I thought 33.3% of ifood had been sold for 1.5b rising to 1.8b? They've spent too much with poor acquisitions, I'm sure there is profitability there though! I'm only hoping to catch a quick bounce, but can afford to hold this small amount long if needed. I think long term gen z are so anxious about making phone conversations they will be printing money.
I bought a couple hundred earlier. If ifood is worth 4.5 - 5.4b€ there has to be value here, no? I’m not even sure what’s caused the fall. Any ideas?
This is crazy. I bought a couple of Fridays ago when I mistakenly thought the price had finally settled at around 230! How wrong i was!! I got out yesterday at 194. I can take a steady decline based on the geopolitical factors not improving but I can’t sit back while it’s getting walloped for 5%+ a day!