The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
thinks to come INMO - buy and hold
compared to SP in mid December. Long term this is looking better and better
I smell a trader!
DOR have new ventures and need money. SS wants to control HH. This is good. If he did not have clear evidence that there is plenty of commercial oil there, he would not make this transaction. He has been clear that his strategy for UKOG is to be the major player in the Weald.
It is not dilution as the size of the asset is increasing. So more shares - yes - but now a bigger slice of the overall pie, and now the ability to dictate terms at HH. For genuine LTHs this is good.
Those still stoking the UKOG v ANGS rivalry are INMHO idiots. The best result for UKOG would be ANGS success, and indeed visa versa.
Bad news at either is actually bad news, in the short term, for both. Long term, and in Oil and Gas there can be false starts and setbacks, then if the oil (and indeed gas) is there, it will be recovered, unless of course the (false) Greens get into a position of influence.
SP now rising again. Assume that much of the Begen conversion has been pre-sold.
Hmm. It would be good if this does prove to be good news for FRR and those who actually hold shares, but if IG are changing the margins on all trades - ie longs and shorts it would suggest that they are mitigating their risks for both outcomes - ie FRR failing, or SP if relished being decimated, and against the positive SP action of a material rerate.
Ha ! your first post under the avatar I see, Any shorter trying to frighten folk?
Hi Coggy - please can you advise who I need to contact to join FoF. I am happy to provide proof of holdings.
O for goodness sake do you not research before you invest, The company still exists and you still have your shares in the company. It is just that you cannot trade on a public exchange - in this case AIM. So your holding is more illiquid- but as others have posted there should be ways to buy / sell through other roots.
LetsTry I think you are rather missing the point. Flybe was very close to bankruptcy. The only debate is whether the management misled investors over the prior periods. Other parties including those who now make up the consortium were like vultures waiting for the company to fail - so they could feed on the remains. Unless you are suggesting governments should provide state-aid (illegal whilst in the EU) the recent action here was always on the cards. Most airlines are bad investments over a medium / long term period.
Why
SS has clearly set out the long term position clearly in the RNSs and previous interview recordings. Any short term news will only be sold into by traders. I prefer to wait the for longer term results.
Looks good - shows the longer term potential here.
A good update. Taken a while but looking good for 2019
A good move by AP
So if the other option is to fold the company, as a result of a cash flow crisis you will be happy?
As the share was not suspended on the way down, I see no reason for it to be suspended as it rerates.
Legs perhaps you should consider why some hedge funds are called vulture funds. They are not seeking to win a popularity contest. Zazza and SN clearly are playing a very high risk poker game.
Totie - this FRR is not traded on the US Markets - it is only listed on UK LSE AIM
I note that he only posts on FRR and always in a negative manner - that strongly suggests his objective.