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So the deal all done at 664p. Good to get clear of a long term seller. Might mean a bit of a pause on then share price with letent demand of more than 6% of the company now also removed! We'll see.
Anyone think it was slightly naughty to release the RNS this morning,.....and then an accelerated book build for 6.6% of the Company this afternoon!!!
So we're thinking that this is now a £140m company with a NAV of over £320m (incl MB).....? Seems quite underpriced, doesn't it.......:-))
It means 2 things for me
1. the Group has done far better in H2 than the market was expecting leading to a more than doubling in new Biz
2. They have confirmed that this will offset the run-off of the legacy business, which means the group will actually grow revenues going forwards. This is significant, as the stock is not priced for growth IMV.
I see this now on a nice slow burn upwards.
:-)) Yep, you're right! I had Lloyds in the comp last year (and still hold), Armani this year. Doh!
I hold Lloyds Opt, but never been in Armani if that's what you're asking below?
...working very nicely at the moment. The start of a sustained recovery, or just another false dawn? Time will tell, but the ratings in these stocks still seem to be discounting a lot of pain!
I believe you referred to me as having a 'small brain' - not name calling for you then?
Whilst I did (admittedly, to my detriment) use sarcasm ultimately, most of my original posts on this Board were absolutely designed to inform and support. Guess what happened? - A flood of abusive and sarcastic posts (just because I disagreed), which is an area where (again to my detriment) I have some skill, so was happy to fight fire with fire. However, look at my posts on other stocks, I think you'll find that the vast majority are without any malice. The reason the exchange between you and I started was that in May 2021, you decided you would tell me that I was "100% wrong" on the predictions I'd posted. I'm not sure how you expected me to react to that - I mean, it's just not true is it. Regarding what I'm still doing here - well actually, responding to your posts since May, so if you want me to stop, you know what to do :-). I guess the question could be aimed back at you - your economic interest here is, after all, the same as mine - zero. Looking forward to your response, as ever.....
Nice move yesterday - getting nervous Luce.....? :-)
Please feel free to look at the companies I post on, and you'll get an idea of (a) how diversified I am, and (b) whether I've 'lost so much'. I do agree with you that no investor get's everything right, and I've certainly made some mistakes (including AVN), but I think that the difference is, I learn from them (hence I sold AVN at £1). Incidentally, I never said the Company was bust or not operating, simply that the shareholders would be/were crushed - and even you have to admit that is exactly what happened. Also, the 'theme' on this Board you allude to is simply sour grapes - lot's of holders who resented my less than positive posts whilst the equity still had value, and who then directed their anger at me when what I predicted actually happened - predictable if illogical behaviour, but certainly not a 'theme' that shows me on a bad light (quite the opposite I would say....) And finally, if you want to be 'pleasant', how about dropping the name calling? Read this post again to discover how it's possible to make your argument without demeaning the other person. There you go - another thing I've taught you - you're welcome! ( :-)) )
Thanks for your excellent management of the tipster comp once again GS. My first win on my 5th attempt (having stuck with Lloyds after having been 7th out of 9 in 2020!!). I see they've been picked again (by someone else) for this year as well! GLA!
Thanks GS - Same to you al all who dwelleth here!
I'm thinking KR1 for mine - a stock you are aware of GS I know.
:-) Quote: '..one thing I've learnt is interacting with prunes like you is not productive on any level' yet you keep responding to all my messages proving that you haven't even learned the thing you profess to :-))
And ironically, if you were looking for 'accurate and honest information' on AVN, the you had to look no further than my multiple posts saying that the debt would crush the equity holders - yet you chose to ignore it. I'm not sure you understand how best to use these boards - here's a tip - just looking for people who agree with you to sustain your biases is exactly the wrong way. Feel free to keep your name calling up - just shows you've lost the argument. Look forward to your reply xx.
So to be clear, on a bulletin Board designed for shareholders to exchange views on the shares they hold or are interested in, you are accusing me of posting on shares that I hold and am interested in, and for you, that is some form of criticism? Your approach is just to post on the dogs that you hold, but oddly not on the other 'diversified portfolio' which you (allegedly - LOL) have? You are a bit of a silly-billy, aren't you?
Now that they are under 0.5% short, I don't think short tracker will show any further trades until or unless they go back above 0.5% again. I guess they've mad a profit, but they have had to do a lot of writing and arguing! Figures today looked fine with no surprises.
...halved its short position on Dec 3 to less than 0.5%.
Looks like they won't quite get to £50m for the year (or £20m for the quarter) but not too far behind! Nice price move!
Nice results and share price move. About time!
The market cap is tiny at £26m and it has no earnings and hence outlook will will always be a matter of speculation. For both of these reasons, it will continue to be highly volatile until such time as the market has a better handle on long term earnings/NAV. I don't think this should be a surprise to anyone.