Member Info for Money_Hoarder_95

0.79

25-Jul-22 16:02:33 39.75 100,000 Unknown* 39.00 40.00 39.75k O
25-Jul-22 15:44:04 39.75 102,333 Unknown* 39.00 40.00 40.68k O
25-Jul-22 16:38:36 39.50 2,202,200 Unknown* 39.00 40.00 869.87k O

The two 100,000 shares trades are, I assume, buys. Don't know about the 2 million share trade.

https://www.hsbc.com/investors/investing-in-hsbc/financial-calendar

1st August

I see LSE board doesn’t allow emotes.

Hopefully the SP will ?? to the ??

I think commodities only have one way to go and that's UP. Natural Gas (biggest holding in this ETF) is unnaturally low right now considering the continued war in Ukraine.

Second interim dividends is 50p per share.

Overall the results look good. The current macro environment is not suitable for asset managers but Liontrust should see through it. Wonder how the markets are going to react.

Results:



· Adjusted profit before tax of £96.6 million (2021: £59.0 million1), an increase of 64%.



· Adjusted diluted earnings per share of 127.6 pence per share (2021: 80.1 pence per share1), an increase of 59%.



· Profit before tax of £79.3 million (2021: £34.9 million), an increase of 127%, see note 5 below for a reconciliation to Adjusted profit before tax.



· Revenues (Gross Profit) of £231 million (2021: £164 million), an increase of 41%, includes £12.6 million of performance fee revenues (2021: £13.7 million)

Some nice buying activity before closing.

I'm curious to as why Caledonia Investment Trust team has decided to put 7IM up for sale. The trust already has excessive liquidity and will possibly be paying a special dividend to alleviate said problem. Maybe they see a potential acquisition on the horizon and need more funds to get a deal through?

(Alliance News) - Caledonia Investments PLC has appointed investment bank Evercore Partners to oversee the sale of its boutique fund manager 7IM for around GBP400 million, Sky News reported on Thursday.

According to sources, the FTSE 250 listed investment trust is planning to launch an auction of 7IM in the autumn, although there the possibility that it could be delayed if market conditions remain unattractive.

In February, Sky News reported that Caledonia Investments had rejected a GBP300 million offer from asset manager Brooks Macdonald for the business.

Caledonia has owned 7IM for seven years, after acquiring the company in 2015 for GBP100 million.

https://news.sky.com/story/caledonia-prepares-400m-auction-of-investment-manager-7im-12635131

Shares in Caledonia Investments closed 3.9% lower at 3,625.00 pence on Thursday in London.

All part of the Great Reset agenda. You’ll own nothing and you WILL be happy.

"...And this is a temporary tax so fill ya boots."

'Nothing is so permanent as a temporary government program.' - Milton Friedman

7 x 50k Automatic buys within a couple of minutes.

I wonder what Grant Thornton employees are doing at the office; smoking weed and playing video games? /s

I bought back in this morning after seeing the RNS. Hopefully we’ll get the results early next month. For some reason my buy counted as sell on the London South East trading board.

Apologies. For some reason when I wrote the last post, I was thinking it was Wednesday. So there is actually two days of trading this week left.

I sold this morning. I still think Venture Life is great company (I've been using Dentyl and I think it's brilliant mouthwash) but this lack of communication about the results is frustrating. The results HAVE to be out by tomorrow because I believe there is no trading on Friday for Easter weekend, however, I don't have faith in that happening. Might buy back the shares down the line when the matter clears up. Good luck to everybody holding and I hope this rockets.

“When does early April become mid April become late April ?”

Exactly. Investors need certainty and the lack of an RNS even just announcing a specific day for the results to be released is frustrating. Next week, fingers crossed.

Having an RNS any day now would be nice. Just to clarify what date exactly will the results will be released. Sadly seeing strong sell numbers over the last couple of days.