Member Info for N0mad

Sana is offering 49.4 pence each, valuing the Altrincham, England-based care property investor and developer at about GBO1.61 billion.

Can only be good news!!!!

Let's hope this what's going on and everything goes to plan!

I need this to go up 10% before I break even.

I don't know why it's taking so long to give an update about the NASB sale. Surely, if it was such a great business to sell there would have been some takers by now?

Https://www.proactiveinvestors.co.uk/companies/news/1055809/aston-martin-f1-to-fetch-over-1-5bn-valuation-at-latest-stake-sale-1055809.html

I couldn't find any updates on this news!?

Yes, I get that.

But there still has to be a good entry point at some point for this. The New CEO won't have come in to just trash the company he is an experienced guy with a vision and a plan.

There will be a boost to the SP in 6 months or a year as his plan takes shape. You can't just think short term. What happened at the last cash raise?

I am looking at an entry point here. The CEO has made changes and this must be the start of some strategic outlook. Surely this sells off is over some?

What are others looking at as an entry point?

Exactly, isn't that what they did last time. They will just refinance the bond until they sell NA.

What is all this discussion for?

I am not worried here. We only have to worry if the NA sale doesn't go through and interest rates stay high. If either of these work out we will be fine and this will recover nicely in time.

What I don't get is why was the NA sale delayed?

Why wait till the end of the year?

Yes it's fear of the unknown and they were reluctant to give out figures. I opened a position here yesterday and saw it drop today and so bought more today. I will increase my holding over the coming weeks as more funds become available.

GLA

Somebody mentioned that there would be an update in April?

Has anyone got access to the call from our great CEO? What did he say about updating shareholders about the NA Sale?

I don't mind waiting years, but it would be a little more encouraging to see this going a little in the right direction

Yes I know that, but the situation with the NA sale kind of changes the situation. Surely, they would not increase their investment without a good idea about the NA sale etc.

How does it make any sense that the Cosmens would top up when there is no positive news on the horizon?

What is going on?

There must be a leak, when have we seen the SP behave like this? This will be a slow rise over the coming weeks.

Maybe there has been a leak about the NA sale or that the results are unexpectedly good. Those in the know are filling their boots?

We have popped up on Proative Investor:

https://www.proactiveinvestors.co.uk/LON:MCG/Mobico-Group-PLC

74p is a good average, better than my 80p. We all hope the problems are transitory and we will be in a much better place soon, but at the same time it is tough to watch the SP drop and we have seen little of a turnaround till date, it's been all bad news. Anyway, let's hope the NA sale goes through fairly successfully and that is the start of the turnaround. It's going to be bumpy!!!!

Pedro,

What's your average?