The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
If that actually was their reply it quite impressive. Many companies wouldn't bother would they.
The nonsense here is they should be in an ideal position, producing a sought after asset that is in short supply.
However they over spent with overly aggressive expansion first time around 4 years ago.
I am a former employee after taking a redundancy settlement in 2020.
I worked 11 years at Capita IT Services, the glue the held the ITO and BPO business together.
I saw a top heavy poorly managed business acquire growth by buying its way to about £13 a share.
They are probably even worse now after selling off anything that they could to get solvent.
Adolfo will should remove 1000s of £60K to 80K middle managers and flatten the org structure empowering employees
The market clearly expects an increased bid.
Today the volume was 6.4 Million shares, the 3 month average is 3.4 Million
Good chance someone will go hostile
GLA
1st March now 120 cents
Unaudited net asset value per share at 29 February 2024
Caledonia Investments plc ("Caledonia") announces that its unaudited diluted net asset value per share ("NAV") as at 29 February 2024, calculated on a cum-income basis, was 5201p.
The Company announces that, as at the close of business on 05 March 2024, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were:
Capital only: 4,702p
Including income: 4,776p
That's a good idea for kids ISA for buy a forget hold forever maybe?
Agreed and London Metric Property just spent £13M acquiring a logistics business
"As evidenced by today's update, we will continue to reposition parts of the portfolio with an emphasis on growing our exposure to logistics which remains our strongest conviction call and is delivering high organic rental growth. We are also seeing interesting investment opportunities arising from debt refinancings and fund redemptions and the acquisition announced today is an excellent example of an innovative transaction that leverages our strong relationship with the developer and offers an attractive return profile."
The market is saying yes, the offer is 175p and we are above that already
o 172.5 pence in cash (the "Acquisition Price"); and
o a special dividend of 2.5 pence per Spirent Share, in lieu of any final dividend for the year ended 31 December 2023 (the "Permitted Dividend").
Spirent take over at 175p cash.
I have reinvested some of the proceeds in advance into CLX
GLA
Hi Genghis15,
The last raise was May22 at 35p do you think they will raise below this?
"The Company's Directors and their related parties have agreed to subscribe for 1,500,000 Placing Shares at the Issue Price."
@AlignResearch
Ref Corcel #CCL and our option agreement - https://uk.advfn.com/stock-market/london/corcel-CRCL/share-news/Corcel-PLC-Option-Agreement/93390961
We were (wrongly) perceived as an overhang. This effectively takes 99m out of that & locks us until end June or a 1.5p+ price.
Richard Jennings
Align Research
http://www.alignresearch.co.uk › about-us › meet-the-team
Richard was the catalyst behind the creation of Align Research and co-founder of the business and is qualified to RDR Level (4) standard.
A lot of REITs are struggling due the accelerated adoption of WFH since the pandemic lockdowns.
Offices just don't need to be as big now as hot desking can be implemented to save companies rent, rates and all the services charges, thats a problem for landlords and the income seekers that invest in office commercial property.
None of that applies to Assura who i am convinced will pick up when interest rates get cut hopefully back to ~3% in 2025