The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
With so much “no-news / no-RNS” it isn’t surprising that there is substantive quantity of negative statements. It is what it is… BUT: perhaps we need to concentrate on trying to ensure there is fair value and resist excessive dilution if there is a Placing. So, why don’t we start to talk the share price up (yes, beyond realistic valuation levels) so that any dilution is kept to a minimum and the Board have to work harder for the shareholders (and stop using this as a Life-Style business)? Time to unite and stand together.
The problem with Argentina is the horrific exchange controls. You can earn shed-loads of profit but getting the money out. Is very expensive; long-winded and capped. Wrecks the consolidated cash flow and gives a false impression on the annual accounts.
Morning Toffee::: word on the street and wine bars (Ye Olde Insider Trading hosteller) is that Pacific Western is going to make a share-for-share bid for MoS to get its hands on our cash pile, Standby your beds: 1 new PacWest share for every 2,476 Zillion MoS shares….
Silversprings::: I agree that comment should be related fact and not fiction… but there is little fact coming out of the BoD; so those with some corporate acumen are researching using other media such as sales offerings; interviews; podcasts etc. This can all be clarified when the BoD issue a detailed RNS. I do hope that none of these aliases are Board Members; senior staff with options seeking to manipulate the share price to their personal benefit. I’m sure that would never happen and they are all of the upmost probity.
You may consider that “Guzzler” is a moaning dick but unless you can refute his facts/statements he has credibility. Stop “name-calling” and reply either refuting Guzzlers facts or publish your own facts that refute his statements.
“Microsoft interested in Activision deal is off..”. For goodness sake - why would Microsoft buy Mos? What are they buying that is patented or proprietary knowledge..? If Microsoft want to get into this space they will put $millions into a direct investment - in house - and recruit the best people. All MoS will probably have a standard clause that if control of the company changes then the NFT contract automatically becomes null & void.
Hostile takeover attempts / rubbish; tosh; corporate hooliganism at its finest .... impossible to do with the current share and option structure. Need Main Board support to recommend acceptance to the shareholders. A hostile takeover will cost a lot of fees and expenses … best option would be to use those fees and expenses to entice expert and important staff to jump along with their address book.