The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The only "new" items were all what's just been announced, which is OK as it's testament to how they are developing. As he said, almost weekly news with especially Microsalt. The was a bit more meat on the bones re purchase of 3rd party shuttles by Guident, being to offer Turn Key solutions.
I think we should relax a bit more and be patient.
I didn't catch ROI figure for Microsalt. But he was impressed which is good enough for me
Microsalt to a greater degree, feels like it'll save the day. The amount apportioned to it was relatively small, which suggests a couple of things to me.
The revenue it's pulling could already be quite promising.
The IPO will plug the rest of the gap.
Guident really needs to explain more about how their monies are going to be utilised and strategy behind. It's actually our money to some degree.
Mixed feelings
Guident needs to put up or shut up about the shocks very soon. Getting a distraction now.
Saltme commitments may be growing much faster than current revenue and faster than planned IPO, of which the timing seems critical.
The discounted raise begs a question with regards to perceived NAV. Bell and Lucy not helped.