Member Info for Paul2566

Well, I decided to take some profit from ULVR, and added another 2397 AAF shares at this price as I expect them to offer better returns for my investment.

Bugger.
Oh well live and learn, I had a stop loss that was triggered, couldn't buy back quick enough. I'm back in but it cost me over £2k.
My fault.
On the bright side £8.5k of paper profit was transformed into £6k of realised profit.

RM1
Thanks for the reply.

Repression.
I am not sure its anything to do with entering the FTSE100, unless there are insufficent shares available for institutional investors, and it does look like an offering to institutional investors, not retail.
AAF shouldn't on the face of it need to raise funds, the debt ratio for this sector looks ok, and in any case as you say AAF will not recieve any funds directly.
I was hoping someone may have an idea.
Personally I am not concerned, just confused.

Todays RNS indicates a proposed placing of approximately 53 million ordinary shares in Airtel Africa plc.
The Placing Shares represent approximately 1.4% of Airtel Africa's issued ordinary share capital.

Any observations/comment welcomed.

This has been covered elsewhere.
It relates to RNS Number : 6210A, dated 3rd Feb 2022.
Nadya Lisovoder sold in May 2021, sold her business, MediCaNL Inc, a pharmaceutical research company, to MGC Pharma. As part of this deal she recieved shares, which she sold in September 2021 to finance payment of her tax liabilities.
Nothing to read into this, and nothing that couldn't be found with a little research.

SS
Are you referring to Nadya Lisovoder ?

What happened to Mike_Hunts posts?
Name change, ROOOZ??????

Well for myself at my average SP, the SP rise is keeping ahead of inflation for my origonal investment, which means the nice dividend is free cash to invest.
I see no reason at this time why selling makes sense.
The two telecoms stocks I hold give me access to different geographical markets in slightly different ways. If I sold either I don't see a better telecoms stock to replace them with.
Mining, Utilities, Banks, Oil, Alternative energy, Pharma, Insurance and Telecoms, are all areas I like to hold at least two stocks.

Mike
Obviously I don't know what your motives are, and it may be you had genuine concerns you wished to pass on to others, which is admirable.
However anyone who buys or sells based on information gleened from untested sources, or without doing their own research, will probably reap exactly what they have sown.
By perserving with these latest type of posts, it just looks like gloating, which serves no positive purpose and appears a little sad.
Have a little dignity and self respect, just pack it in Mike.

Indeed.
The company is going from strength to strength.
I got in with an average of 84.95p, and if things continue in the a vein, I have no intention of selling. I may even add more as funds become available.

Maybe, but I wouldn't bet on it.
We have been here before, and without some positive news, rather than a re-hash of information previously known, I see nothing to prevent this from dropping further.
From the last RNS I think its obvious why Roby has gone quiet, nothing to be said, even he can't spin gypsy tears and fairy kisses into anything meaningful.

What news is due?

Over reaction or now fair value, I don't know.
If you bought a 3ft fig tree would you think a fair price is £40, or should you be happy to pay £2000 for the tree it may become.

Revenue forecast to grow 49.79% p/a.
MXC is forecast to remain unprofitable over the next 3 years.
(SimplyWallSt.)

If you are willing to continue to hold for at least 3 years, there is some potential (based on 2 analysis from two sources).
How much upside is anyones guess.

I've done some digging around, looking at institutional investors.
Its not crystal clear how up to date thes figures are, but here is what I found.
Chelverton Asset Management Limited - 81,250,000 shares.
Mercer Street Capital Partners, LLC - 34,300,000 shares.
Premier Fund Managers Limited - 28,635,618 shares.
Cannvalate PTY LTD - 15,151,515 shares.
Chetcuti Holdings Pty Ltd - 12,000,000 shares.
Surfit Capital Pty Ltd - 11,500,000 shares.
Fadco Investments Limited - 6,772,613 shares.
Andoryka Holdings Pty Ltd - 6,166,666 shares.
Davy Global Fund Management Limited - 635,597 shares.

Well I've cast an eye over the RNS, nothing special that I can see.
A bit more cash runway than I expected ($8.1m, £6m), I estimated about £1m less, and a reminder that there is another $9.25m (£6.88m) loan facility available.
That should allow at least 12 to 18 months of cash runway if we include estimated income for the period.
The rest is mostly a repeat of information previously known to investors.
To be honest I was expecting more and I don't think its going to change current sentiment.
Could finish lower today, maybe 1.6p.
If the market proves me wrong, I will be very happy.

I should add a company must be rated 90th or above to move into the FTSE100, or 111th or lower to be dropped.

I believe the FTSE100 is reviewed every quarter, usually the Wednesday following the first Friday in March, June, September, and December. That would be when companies in the index are relegated and new companies move into the index.
I am however not certain this is correct and await correction by anyone with more information.
If I am correct, AAF will not become a member of the FTSE100 until March at the earliest.

Well that was an easy decision. Filtered.

I doubt it very much.