The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Not absolutely true that it is rubber stamped. There are always hurdles and unknowns, but this is their first public declaration of intent.
…and nice to see Chevron mention OFF-1 in their Q1 earnings report, published today. Third bullet point under Business Highlights and Milestones.
The nominal share price doesn’t really matter to institutions.
It doesn’t really change it…if they wanted to buy the shares but couldn’t, the ‘institutions’ would have asked the company to do it already.
I don’t really believe most of that stuff. I work in asset management and, whilst we don’t really touch companies sub £100m mkt cap, a lot of these boards of full of absolute tripe as to how “II's” work. (Love the acronym II…we never refer to ourselves as such). I didn't on it move today. I already hold and will add when I’m ready. Busy reviewing a few private placement opportunities ahead of tax y/e.
Ditto. I have only just bought in but like the story on a forward basis. Cartor is barely through the door at year end, so it’s all about the future execution. Very inclined to add, just want to see if it goes a little softer in the very short term.
Results were not inspiring, with nominal YoY increases. Perhaps market not looking too far ahead and questions whether the acquisition is really transformational…can they execute it well?
Basket case, as previously discussed.
Agree. NAV here is a bit of a mirage, and therefore so is the apparent ‘discount’. Similarly, regard this as a yield play and once there is evidence that can be sustained, and ultimately increased, the capital value will respond. On that basis, I am acquiring in a slow and steady fashion on a >10% yield.
Not exactly signposting a healthy year ahead…
Nice move BB. Glad it paid off for you!
Are people seriously comparing % movements in the two share prices?
Long duration assets such as GSF should perk up if rate expectations become more bullish, as seems to be the case. The higher for longer narrative may be giving way to something more constructive.
…today marked announcement of the first such transaction…
Were already in and had cut holding at last count…
Weakening YoY in pretty much everything except cash management (low margin) and the interest they earn on their clients’ cash balances…especially in client income accounts on which they pay zero to their clients.
Tough environment, but HL will have to lower its fees over time as competition is intense and their core clientele will be in drawdown/runoff whilst younger generations shop elsewhere. I say this as a loyal customer of HL…
Stroke of genius…cannot say that on this board! It’s the worst deal ever, blah blah blah ;-)
All the revenue gain is NIM, which is transient.
Hats off to you - nice trade.
Wouldn’t touch this thing. Of course, might make money out of it but there would need to be all manner of clever transactions and deals to make that happen. On its fundamental operations, appears to be an absolute basket case.