Member Info for oldabutnowisa

Not easy but they say that they are sitting on £30M cash, have invested £2.7M in a fund they know well, Luceco holding now worth £100M plus and Whittards (perhaps £10M) and P2U (say £5M). I make that £152.7M divided by 28.3 M shares. Lousy at maths but feels like about £5.50. And management skills, knowhow and contacts chucked in for nowt. OK, its not for everyone - the quote is on AIM at present and you should appreciate they have not backed a dud yet - but looks a snip at £3.27. OK. I'm guilty of ramping but I have filled up my tiny boots!

See my post of July 28th. With all this good news all it needs is Mystic end result to be as I expect and AZN will go golden.

Just topped up.

then I dare you to pass these by!

ESO's interims also out today. Very conservative as usual. Need to have very sophisticated knowledge of co accounts to read 'behind' these private equity figures. P2U still not ready for float. My guess is at least 18mths away from any first announcement. Would need to show rising profits for at least two years and my guess is that they are perhaps at break-even now. ESO is likely to have found at least one other shrewd investment before then. Even now, no trades showing. Amazed at how 'beneath the radar' they are!

As of now no-one has traded these today! I suggest you read the DOUBLE PAGE spread in The Times today about Whittard of Chelsea - 100% owned by ESO!!!!! If that isn't enough, the Luceco Interims just out show profits up 25% and a maiden interim divi. They continue to hold 24% of stock. The SP was at a standard private equity discount of around 30% to net assets. I reckon with a little bit of a whisper these could say cheerio to £4 and still be at a fat discount.to the assets.

Expect a run up

£470,000 at over £45.44. Got to be institution and certainly confident!

Pierre Dufour bought 6000 a few days ago, his first purchase. The slow climb continues.

Divi and PE both a tad higher acc to this site. Bearing in mind the inability of any competitor to reach NG's girth and experience from where they are, and NG's ability to adapt to future needs from where they now are, I reckon £10.50 is fair value and would still provide the 4.5% dividend yield (give or take, not worked it out exactly).

Latest RNS about Manchester refurbished office let at higher rent! That's two in two days!! Don't expect more for at least three months - barring a bid. SP moved nicely but hope we don't just get profit-taking as usual.

RNS today. It has taken a while but I can see articles ahead claiming this as 'transformational'. It looks a shrewd one, producing an immediate gross yield of 8.6% which keeps the meaty dividend safe but, perhaps more importantly, it proves this outfit is capable of growing at a significant rate. Note that this acquisition is near a rail connection, also favoured by other regionals such as REI. My expectation is that the write-ups push the SP to £4+ and bring it onto the radar a bit. I have in the portfolio a few secondary property shares outside London. There will always be a need for regional offices and some shops. So as long as these enterprises are not over borrowed, they will be the carthorses of the property market, bringing in relatively decent income with relative safety. They will also be takeover targets/ merger candidates from time to time. A decent sort of gamble.

225000! Definitely stakebuilding. Could be a bid coming up. They can have mine for a quid and a half!!!!!

My 19 July post still seems to hold good but its hard going!

Not that I am complaining but is there anyone out there with some definite news?

Sellers probably bought at the recent bottom and taking decent profit after two or three days - may even have used borrowed money! I agree with you and if AZN goes lower, I may be tempted again.

All the press is now saying as I did in my last posting, so I can see AZN drifting higher over the weeks although I think £50 could be a shade too high until the next statement on the drug, scheduled for May 18. If the news is then good, will speed up near £60 and there's a lot more in AZN's armoury. If not, we will probably be back where we started.

ESO website very quiet for a while. Expect a bit of excitement soon but I know NOTHING!

The way the SP is going, in spite of the co buying in every day, has me baffled. What doe it take for this market to work out that the are much too cheap?

Chart now looks interesting and lot more buys than sells. I'm hoping!