Member Info for MattTheBrave

...than the spread betting firms in times of vol, but the market always forgets. Stock collapsed in the first months of the pandemic before everyone cottoned onto the fact that profits would be a record. Same happening here as well IMO. I do agree that the stock price would be higher today if they hadn't bought TT, but that doesn't mean the market is right - only time will tell on that one. PE of 7, Yield of 6%, huge FCF generation, whilst higher interest rates mean they can charge more on clients' leverage all mean that I remain very positive here.

Added 10% to SIR's value today. The approaches of the 2 firms look similar with both targeting long-term inflation linked cash flows, which I think is still a good place to be. In addition, the last published NAV was 135p back in September, and given inflation, I think this will have risen considerably since then, so I think we'll get in at discount to NAV. On that basis, I'm going to hang in there and accept the share offer from LXi absent any further news.

Still going. Certainly doesn't seem any reason why this shouldn't go to a 10%-15% premium so 130p seems eminently possible in the short term.

I topped up at 197p today. Now trading at a 10% discount to end Dec NAV (and i expect this to have risen during Q1 given inflation linkage in rental agreements) . Not often you get these sort of opportunities!

Performance over the past year has been terrific. However, it looks like we are now going to see a period of significant investment funded by share issuance. Whilst I have no doubt this will bear fruit longer term, the large issuance, and delay in getting this in the ground and income generating may well put a ceiling on the shares. Having made 30% since I invested a year ago, I'm out for the time being, and hope to get back in around the 140 level.

Is it just an (illogical) reaction to disappointing Amazon sales numbers last week?

...why this is down 5% today? Can't see any news.

LGEN way too cheap for me. I honesty can't see any real threats to (albeit modest) growth, given the retirement tailwinds. 7x PE and 7% yield will certainly do me!! I actually shifted one third of my LGEN holding into AV at the end of 2019 which has outperformed LGEN by c25% since. Switched just over half of it back on Tuesday.

Yep - hopefully up on that today. Mind you, I think the lock-up only lasts till August, so we might see this again before too long!

You don 't think she gets enough salary to pay the bills the? Seems a bit unlikely.....

The price will basically determine where we open tomorrow. If it's got a 4 in front of it, I think we'll finish tomorrow up. If they do what they've done before which is 10%, then that's 375, and I think we'll be down. BTRW, Poppy selling out isn't great. Just how much confidence should we have when the CEO is cutting her stake. It reflects someone who feels the need to reduce their exposure, and it just happens to be the person who is best informed to know what the risks are!!

....got back to £43 I sold it at a year ago!!. I always thought 20x earnings made more sense than 30X, and we're now back to just over 21x. I don't think I'm going rush back in here, but below £40 would certainly make it start to look interesting again!

Around the end of 2019 I traded around one-third of my LGEN holding into Aviva thinking that the valuation differential was too extreme. Aviva up 4% since then but LGEN down 20%. I've switched about 60% of my Aviva holding back to LGEN today, and will do the rest if the price differential widens another 5% from here! The bulk annuity and asset management arms of LGEN continue to grow and be of high quality whilst 8xPE and 7% yield are just too cheap!

And there you have it. The larger lady has finished her last warble and is exiting stage left. A complete shambles, but one that was increasingly likely once it was clear that the EBITDA was never going to exceed the interest payments given the growth of revenues. Those PIs who learn the lessons here will be better investors going forwards, though admittedly, that's a very scant silver lining behind a humungous black cloud!!

Re GKP - I'm not a holder, but looks like the RNS on 11 April was simply the vesting on nil paid bonus shares, with a proportion sold to cover he tax liability - pretty normal event seen widely elsewhere - what didn't you like about it GS?

Dan, you're right - I hadn't heard of a PP before - everyday' s a school day I suppose! So, do we think that the management will buy the Company on the cheap, or just that the debt holders have finally pulled the plug and will try and get what they can for the assets?

They couldn't even manage their liquidation properly! In March we we see a notice saying Solus has no interest. Then on 13 April we get this happy-clappy announcement from Avanti saying all is well, we've just done another massive debt-for-equity swap, Solus is now a principal holder, and ending with 'Avanti will continue business as usual, but with a stronger balance sheet. There will be no change to the Avanti team or Avanti’s business activities, assets, and technical capabilities'
Then 6 days later, the administrators are called in!! What a disaster!

Well Toffee - perhaps you would like to point out where this 'old chesnut/tired cliche' is wrong, if you're ably to find time between your paroxysms of rage.....:-) You seem to be head over heels in love with the (incredibly expensive) US market which happens to be the largest in the world, so I'm sure they could accommodate your portfolio. You could find a US-based chat room to post on as well - why should we be the only ones to get you inciteful and evidence based postings?LOL

Hey Toff - so why are still here invested in UK stocks? No-one's forcing you to invest in the UK, or anywhere else. Why don't you just sell and move on so we don't have to listen to your paranoid whining based on zero evidence. And just to be clear, I am not complimenting you on your post(s), but criticising, - however, they don't give us a down tick option.....;-))

Institutions sell now, with a view to buying them back in the BB at the discounted price needed to fill the book.