Member Info for Oi_Oi_Savaloy

The general volatility across all markets - it's got to be good for Plus right?

I'm in the game sain (I buy development sites) and it's a blood bath out there. Planning is taking literally forever.....material costs are taking the **** (and rising each month), labour is going through the roof, if you can ever get them.....it's a total shambles......BUT sales, particularly of new build homes are seeing massive interest - because they're energy efficient if you read the headlines but also because they are usually really well designed internally (particularly the houses) and INL have some great housing sites. The Staines site is all apartments I think - there's still a mkt for them but housing sites are seeing a premium imo.

Is that a slightly brutal RNS? He's been with the company since 2016 (I think), Board member etc etc.....Gets one line and no thanks? Almost as if there's something they're not saying, behind the announcement? Or is that me reading far too much into an RNS. The two land sales RNS - lots of words.....actual factual content lite imo.......should have followed Strictly Brick's advice and sold.....

And the spread has significantly tightened too.....could we see this hit a mighty 60p??!

Thanks both - wasn't sure how long positions (other than shares) were detailed on RNS's. :)

Am I reading today's RS correctly? That Odey have increased their exposure to financial instruments (shorting?) than a straight investment in the shares?
(for my part - I'm expecting Q1 - with all the turmoil - to have been positive for Plus)

Is this one of the Inland Homes (energiser) directors selling out or someone else? Anyone know? Despite the selling, price seems to be steady at .485

Really positive RNS and update. Here's hoping KCR continues to do well - can only be good news for the Drumz investment (unless they've been quietly selling down their investment?)

I'm already in Drumz (the old Energiser plc company) so through Drumz I've got a hell of an exposure to KCR. So this is definitely good news. I'm not buying into KCR direct though. Haven't got the appetite for more exposure here. :) But yes - here's hoping for 30p. It's interesting to see they've got £2m+ in cash and a larger RCF - I'm surprised they've not bought more buildings tbh. (or perhaps they've tried - but it's a v competitive mkt out there at the moment).

Bought into Lookers about 4 months ago - for the long term property play. Interested to hear people's thoughts on the actual car business side of things. I get the feeling it's going well - simply from looking at how prices have gone north but does that translate into profit (you're having to buy in this market, the 2nd hand stuff I mean)?

Is that you buying Phenom?

Phenomenonnick; it was more an update on how things are going at Acuity than anything else - it's not that I want the income from it or anything (like you I'd rather see it re-invested). I'd just like to know how it's going. THat's my one area/the rationale, if you will, for keeping my investment in Drumz. The KCR thing - we're just bit part players in that (thought Drumz legacy investment, now that Torchlight are all in, as it were). I'm just hoping that rents have risen, costs are under control and that perhaps they've sought some air-rights planning - helps increase the portfolio's valuation). I know factually that they were trying to explore air-rights (under a 'project osprey' banner, where they'd put together 5 of the portfolio - I think- as having planning potential for air-rights). It's a great way to sweat an income asset etc etc.

But it's Acuity that, for me, has the angles for growth. Unless that's a dog too. But I can't believe it is; bearing in mind that the sales guys should be all over the messages we're seeing in the paper's about the Russian hacking threat. It should be pushing against an open door, selling the service (I mean). I just sincerely hope income and profit is growing there.

But any income from the Acuity investment will be mentioned in the update perhaps? (as an aside/update) to the interim report. Hope so. On KCR - I'm hoping there will be progress there (and at some point perhaps the share price might rise at KCR too).

Here's praying anyway.

IMO - they've bought that business for it's operating licence and that alone. All the IP, the personnel, and any other other assets are superfluous. PLUS will simply leverage their own platform and marketing expertise into the Japanese market.

God I need some good news; would be nice if it came from Drumz.....

And about buying now? f I had any spare money to invest in Plus right now I would (and I'd really consider selling some of my other holdings if it goes under £13 - missed it last week sadly, when it did so.)

I don't think they take the other side (like others do) - it's been the age-old conundrum/argument on this and advfn's board. Plus never hedge (which, as you will know, has it's advantages and disadvantages) as far as I'm aware. I think, from memory, a lot of people got their knickers in a twist a couple of years ago about this very fact (when customer profit didn't go Plus's way, and everyone got upset because they didn't hedge). Perhaps this time, that lack of hedging might work in our favour. note the word might.....

I think it's the wider geo-political context (and uncertainty) that's having an effect on the share price - think investors are worried that the housing market will cool (or rather mortgage-lending might tighten, at exactly the same time that there's a potential recession - note the stagflation articles prevalent in the press recently - on top of the increase in literally everything - having an effect on affordability and thus Inland's ability to sell their product at profitable levels......which, combined with the £100mill debt.....suddenly things aren't looking so good at INL. That's my take on things. I'm a long term holder of INL and even I am questioning the rationality of my investment.

I'm guessing it's a sale...but there's no news? Wonder what's going on?

I can never get my head around the fact that Plus's share price drops like a stone the moment something bad happens.......when any savvy investor knows that bad stuff happening is absolutely wonderful for Plus as it investors choose these opportunities to risk their money on Plus's platform.....