Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Out of date
The thing is, in the stock market, everything we know is out of date, past its sell by date. It may appear to be new news, but it’s old and stale. Most have left the room long before. There is no such thing as timing the market. A huge business sprang up analysing charts, resistance and support points, candlesticks, head and shoulders, golden crosses and the rest of it. Books like Stock market for Dummies. FFS. I’m a dummy. I’ll buy that book and start ‘investing’ in the market. Buy a thousand worth of stock with a CFD and I only have to put up a hundred quid. A day later, bang goes your hundred quid. Blimey, I really am a dummy.
I've put my order in. It's not a lot to shell out. I hope they will use it well. My contribution would buy thrm a nice new front door for their head office.
Sid Nosher from Barking : I ad the LTG burger and it was effing good. going back for more. I recon everyone shud .
Alf Gristler from Repton: It’z not for me. To much garnish onit.
Take your pick.
A bid is highly unlikely as one holder, the founders I think, hold a huge pile of this company. A sort of doublé edged sword really as it prevents a bid but also prevents a bid at ludicrously low prices. Depends where you jumped on board as to how you look at it.
George, you are the media as well , you know. These sites are the media.
Tony22012015
Tony, you seem to be overly upset with my comment. I was just trying to put lunacy into some sort of context or to offer an explanation as to apparent lunatic behaviour. Some have suggested now that the sell off is a direct result of the Pat Valerie collapse. Funds are off loading anything in profit to cover their losses. Maybe. In that case, we shouldn’t worry, it’s got nothing to do with the health of LTG.
I really don’t understand how that amount of money could have slipped down behind the sofa cushions for so long.
Share price drops are quite common on publication of good results. After all, if you want to sell part, or all of your holding in a company, you need a market to sell into. Good results create that market and you will probably sell for the price you expected. Imagine if the figures had been awful. You’d never be able to sell at the price you had in mind. I think LTG are a well run outfit and I hold their shares. Two slight worries, and I mentioned them a while back, is the issuing of new shares and the rate of acquisitions. I suppose they go hand in hand. This makes the upside really good and the downside really bad. Bit like leverage, I suppose.
Two steps forward, one step back. Not bad. The sole reason I'm here is people have feet.
Seen you around Spindok. How's things going? Re HICL and other infra funds, I just feel quite comfortable with them. Up a bit, down a bit, but always paying the dividend. Maybe not for always but then nothing is. I don't think they are whiteout territory and one whiteout can slice your portfolio to pieces.
The threat seems to me to be diminishing day by day.It's a right muddle polically and the muddle could go on for years. What was first thought of as uncertainty is now the norm. Therefore no longer uncertainty.
I will buy again at 60. I think it is worth that. And will be worth more in years to come. I hold them at 33. One of my better decisions..
I might buy more of these. on Monday. I'm not usually a speculator. Most of my holdings I've had for years. This one, though, I think is seriously under valued. We know the debt problem.. It's a lot. Maintaining the dividend is also questionable. But why would people, a lot wiser than me, buy up 30% of the company knowing that? I don't know. But they have.
I'm not a fan of that tactic but I bought a few more today. I think the company is worth more than the present share price. How much more is to be decided but for a small extra outlay I'm around 50p.. A long way from today's price, I know,but closer to what I was.
The debt this company carries is a big talking point. Some people say it is unsustainable and could result in closure. It's a big debt, for sure, but why would funds buy the share at 50p knowing that? To break it up? Maybe, but the funds that bought it don't have a history of Gordon Ghekko thinking.
I understand the point about healthy eating and cooking for the week ahead. Mrs Methuselah likes to cook and we eat very heahily. But we are quite old. I don't think this company is trying to sell to us. It's more the youngsters they are after. Although old now, I do remember my youthful eating habits, pizzas, Chinese, curries etc.
Hi OldOne I 've held these for quite a time too and they have paid well. I don't think I'll say goodbye to them yet. How did you get on with LTG? I seem to remember 120.00 was your time to say goodbye or at least half a goodbye?
Very shrewd about short positions , no doubt. The thing is that anything out there in the public domain, the things we are told, are not really very useful. It’s very old news. Old by a few days or months, I mean. Any information fed to the cows is always old. It’s hay, fodder, encouraging them to react to something they put in the feed. Buy, sell, stay put. The farmer knows what is in the feed, the cows do not.
It might drop further. Then again it might go up, or stay around 80 for a while. Sorry if that's not helpful but it is as helpful or as useless as anyone's predictions on these sites. It has been a rising balloon over three years , posing the question 'how long do you keep a grip on the rope?' Seems like quite a few have let go or fallen off from altitude sickness, , maybe to catch it again on its way down.
It is a considerable amount of money to offload but we all have to realise profits at sometime or another, .if only to balance the weightings. Or simply to close a position when we feel we’ve made enough. Or lost enough. The directors still hold a substantial number of shares and the institutions have confidence in the directors and the business. I think the price ran too far away from the present realities regarding the numbers. It’s a good company but it started to look very expensive .