The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi in-long. I was as amused as you and I did ask him when the lending of stock to hedge funds and shorters was going to be stopped! Must admit though I’m still learning and he did introduce me to fill or kill. I started using that the next day. Good to see further rise. By the by do you have any concerns about a market crash? Could COVID and recession and debt and Bitcoin and anything else looming cause a major reaction? I’ve just bought back into Lloyds, I rarely hold on to my cash pot despite best intentions to do so.
Yes that was me, the 100,000 buy at 27.5. I’ve doubled my holding. Glad I got in before the news, just luck. No not just luck, been tracking for a few years. Taken profits occasionally then end up coming back in at a higher price! Service industries concern me somewhat as if the contracts go so does the company. Totally do appear to have a good business and are winning more contracts. Good management as well. I listened in to the last set of results and was impressed with our management. Wendy gets some flak on this board on occasion, I’m happy with her experience, good cv.
Plenty of institutional investors. Some days it’s hard to trade at the SP. One time when I was selling (just recently) I put through about six deals online and got pulled up by the moderator at ii who said that could be considered to be market manipulation! That’s just how I did it, thought I’d get a better price than going for the whole lot in one go.
I’m lucky I’m only gambling with my SIPP and not cash. lol.
Good luck everyone in this....my prediction for next year or maybe 2023 is 50p. In the meantime the dividends are a welcome reward for investors whilst times are good for Totally. Keep up the good work Totally.
Not heartening to see Mr Heath jumping. I can only hope he needed some cash. Dare to think insider trading was going on. Still like any investor might have been a consideration given all the public news we’ve had.
I’m probably going to get this call wrong.
I live in hope. With COVID vaccine I hope for approval before the year end. Then Astra’s roll out will commence, the stockpile will be moved, most countries have pre ordered? Will even more be needed and how big a part will OXB play? Well India seem to be manufacturing millions of doses so not sure what upside there is for OXB. Still I expect some improvement in SP once the green light is given.
Ok. What else. Has there been any more good news or any news about Kymriah?
Axovant looking good?
I’m disappointed there’s not been enough good news and more proprietary products already well beyond pre-clinical. The Parkinson’s treatment/cure seems to have just taken a big knock back and yet was years in the making and all the news years ago was so positive!
Anybody else feeling this company has been failing rather than producing the goods?
So will I jump? Hmm. Been here such a long time.
Maybe it’s time to visit the offices and plant and see what’s actually going on! OXB is this something that can be arranged?
Lost 60k. Chased losses all the way down. Have I learnt a lesson. No. I did the same with OXB and that worked. Got a reply from investors@Avanti when I enquired about my 250,000 holding. Reply is:
Avanti has approximately 2.2 billion shares currently in issue. In order to assess value you should liaise with JP Jenkins at www.jpjenkins.com. JP Jenkins operate a matched bargain facility that has been open since the de-listing.
Anybody else in the same boat?
So I’ve been here for a long long time. Have a fair holding, 1/5 of my SIPP. I’m optimistic. I think AstraZeneca are a front runner and will produce a vaccine that is passed for use.
What realistic SP will OXB go to on the news and any projections for say 2023 and beyond? I haven’t a clue myself. Lol ??
https://www.nytimes.com/2020/09/19/health/astrazeneca-vaccine-safety-blueprints.html
Well I sold 100,000 today as I was profit taking and wanted to take another bite of OXB and also MIRIz Been long time in OXB. Still have 300,000 in Totally. I hope to see good dividends and the dream is 50p upwards.
I’ve found in my time buying and selling I’ve just as much chance rolling the dice or tossing a coin to help make the decision after doing the research.
No one giving me inside information and every tip I’ve ever had I’ve lost out on! I mean every.
Crazy world.
I’m in the dark and have a question, anybody?
When they delist and become private do the shares I currently hold mean I have a share in the private company? Then....would I receive and dividend payments the private co decides to pay in the future? If the company was sold would my shares be worth anything to me?
GCCRa have you any reply? What’s your interest here?
Couple of years ago ? Price just kept dropping and dropping all the way down to just 1.5p. ? Made me think market makers could be in cahoots with some major shareholders, scare tactics. Now all we’ve had is good news, no rational reason for losing a third of value. Of course I’m hoping to see not just a rebound, I’d like a takeover, doubling in price, dividends, positives. Have I a clue? No, just gambling as I did when I followed it all the way down. This time i’m not buying any more as I’m not willing to invest any more. Wish I’d sold everything I hold six months ago...so what’s new...nothing!
I think you'll receive 13 consolidated shares. Hopefully the price will be relative to what it's been recently. Say 14.5 pence turns into 725 pence, yes 7 pounds 25 pence. You'll still have 94 pounds 25p. What happens to the 19 shares at 14.5p I'm not sure, you might get a payment of 2 pounds 75p.
16.20 5.65 selling 5.9 buying Market price 6.3 If ever I get my head around the spread and analysis I'll be a genius. No?
Yes. Wanted to buy around 8 and can only get 10.3. Stuff that for a game of soldiers. Merda.
Dear fellow investors and gamblers. Read on if you are interested in the reasoning of a risk taker. I haven't a clue. My past is littered with losses like B&B, Norhern Rock, Jessops, Woolies, Southern Cross, Coffee Republic, Alliance & Leicester, Connaught, Concha, Solo etc. Despite all that I'm relieved to have come out on top. Fortune sometimes favours the brave. If you like me stuck with OXB (my first buy 20/07/09 at 11.13p) then I hope you have felt relief. When I was throwing money following severe losses (bought 250,000 on 3/6/13 at 1.65p) I still didn't have a clue. I've hedged my bets along the way, across sept-oct 2015 I sold 3m around 7p. I sold 770,000 in July at 8.6p. Regrets no. I still hold 2.5m. I've no idea what is going to happen. If fear creeps in I'll fantasise the delivery system is really worthless. If crazy ego kicks in I'll be hoping for a takeover or a £1 share price (what's the Parkinson's treatment worth?). I haven't a clue. The SP goes up when people are selling, it goes down when people are buying. Large institutional investors have recently sold (Joy Group sold a 1% stake, still have considerable holding). Refinancing/loan agreements/ share offerings all put the jitters in place. What the heck! **** it. This time the gut feel worked for me tomorrow could be tears. As I said, haven't a clue. I will be considering my options and whatever I do will be a choice a gamble. GLA
Newbie Sept FDA in USA could give approval for kids leukaemia treatment "cure". Couple of weeks ago the FDA advisory committee voted 10-0 to advise approval. Price went up before committee announcement. Dropped c. 35% since. Suggestion is could go up again. I hope for long term success as more treatments in the pipeline, especially Parkinson's treatment. Good luck.
ESKI Working through the hyperbole and making sense of what happens seems all part of a serious game. I'm dissapointed the SP did not rise today on the good news. I'd been hoping the SP prior to the announcement was still low because I thought there was a risk the committee might not recommend the treatment. I gambled they would. Looks like those in the know bought low and sold high rather than hang on. Surely that's the only reason the SP has gone down? I think the FDA will give a green light, be unusual to go against the vote 10-0 if the advisory committee. Is OXB running good financials, that's the key I think. How much are they going to be worth. How much are the royalties worth (undisclosed). How soon are other deals going to get done. All the investment, increase in staff, promises, production line. All sounds positive as long as the financials hold up. Can anyone shed light on Joy Groups holding and connections? BVI. They appear to have sold a 1% share, going from around 6% to 5%. In 2014 they had 10%. 1% is around £28m so that will have affected the SP. Annoyingly they do not appear on some lists of major shareholders. Can someone pont me in the direction of a comprehensive and upbto date list of shareholders that includes Joy?
Babbler what is seller ms ? Loss of buys going on, mainly small? Puzzled why such great news has not got the SP going to dizzying heights. Market was closed before the news yesterday. I was waiting for the ten o'clock news to headline gene therapy advancement and British firms involvement. Lol. Been patient for a long time.