The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
gator - it surely has, followed by the usual head-scratching. Even when all the signs are positive, and buyers follow up, you can bet another inexplicable mystery will unfold!
Its about having some belief in your own judgement, based on thorough research and information from reliable sources - plus of course the dosh to see it through. I agree with the view that cash is of very little use in this market, so went in for a third dip today at a tasty 26.20. Cannot see this level holding for long - but if it does more action is required!
TSSZ did my best to halt the slide with early buys of 50k + 20k at average 26.20. Delighted with that and will soon be nudging my average. Some buybacks have been mooted and that will help to sustain the sp, meanwhile will be looking down the back of the sofa to re-invest at these levels. GLA!
Oil prices overheating, rate rise, fears of record inflation all combining with panicky selling quite easily happening in this fragile market. Fundamentals still unchanged and good long term move into Australian renewable giant will sustain this share - so will average down at these tasty rates for sure.
viable - endorse the i3E recommendation, and we share views on that board. Different class management team to this lot.
mole - regarding the news on Southwark, I think you can rely on Sailor to be ahead of the BOD, with his educated observations being far more worthy and current than the usual delayed nonchalance that we normally get from a management team who regard PIs as something of a nuisance. As for your 44p estimate of an imagined bid - frankly I would take that with respect to the catalogue of mishaps we have endured for a long time - and the 50p call would be nirvana. But - if it happened at all, would you trust this lot at the negotiating table?
scored - I am afraid that the old saying of honesty being the best policy was thrown into the AIM trash can a long time ago. On top of rank bad management, it is another hazard to overcome in this market.
With you on that viable. Impossible to fathom out that one with so many goolies being dropped by the ramshackle BOD - so best left alone. Managed to get back in here at 28p after a rescue operation, and its pleasing to watch progress and embrace the potential in safe hands.
Looks like Lombard knocking out another few 100k on the RNS. Why they would do that at this price is a mystery known only to themselves.
Many thanks Sailor for more positive news on the work schedule at Southwark. Gas now flowing again in a modulated stream at Blythe/Elgood so Hockey's timing seems spot on for once! Most O & G shares on an upward trend this morning - except this one! In spite of all our travails, I cannot think of a better time and price to move in on IOG. All IMHO.
Go with that summary and forecast meor. We fell away at the close today - anything to do with the realisation that old vlad has frozen another £620m of our money as well as walking away from the original £20b stake??
You are right - just like the winter fuel payment, totally untargeted to get to those most in need. Is that too difficult in these days of total data awareness of individuals? The Rosneft hit was the right move, but will hit profits and probably mean zero windfalls from BP.