Member Info for Pedrobull

That makes sense given the track record 23% right now is a steal

btw ICGT similar huge discount and due to report year end tomorrow with NAV 1628 @ 31/10/21

NAV now announced today at 571p, shares at 431p

I'm happy holding and adding to ASLI, urban last mile logistics can only grow or at least deliver inflation matching yields.

Tony Roper, Chairman, commented: "2021 was a stand-out year for the Company and for the wider European logistics real estate asset class. While the onset of the pandemic in early 2020 created significant uncertainty across all sectors, this ultimately led to an acceleration of the key structural drivers underpinning the logistics sector. Having been a first mover in the UK listed arena, making our initial investments in early 2018, the Company continues to benefit from sector tailwinds, delivering a double-digit net asset value total return for the second year running. The Company's 2021 sector leading GRESB rating was a further endorsement of our strategy."



Evert Castelein, Lead Fund Manager, added:

"With more than half the portfolio by value now weighted to high growth urban logistics assets, following the milestone Madrid acquisition which deployed the proceeds of September's capital raise within three months, the Company is well positioned to deliver further shareholder value. The attractive indexation characteristics of the portfolio leases and competitive advantage afforded by abrdn's extensive network of local real estate professionals across Europe further underpin the compelling investment case. 2021 was a record year for European logistics take up, with record low vacancy seen across a number of markets. We expect 2022 to continue in this vein, supporting favourable rental and capital growth."

yeah cant lose 100% twice!

What i meant was can always drop by 100% no matter how cheap it looks

Feel bad for long term holders but for anyone with anything they can recover here now is your chance, dont buy the dip this can still lose another 100%

Gold breaks $2100 and potential is that £3000 isn't out the question

I read something about a commodity supercycle which i obvs liked!

Its certainly not good news and shows potential of what could happen as Russia economy collapses

I feel sorry for any holders probably not worth selling now, falling knife catchers beware though this can still lose another 100%

"either way both are worth a stack more than currently valued. In time true value always comes out."

They are only worth what people are willing to pay and the price now is that price.

Risk off these could easily turn out to be worthless to western investors.... or worth a lot if war is stopped soon

You go to Aligns website and see their two decimal place targets on lots of stocks that they've been 'researching' for years.

They were good for Argo but not sure about what others have come 10x or whatever as yet

They could be right about Corcel but don't hold your breath

I think when the FT goes into print with - "London-listed Petropavlovsk warns investors may be wiped out" they will have checked some facts.

Okay I admit it, my buyer of last resort text came from the a rag called the FT.

The headline is Polymetal but the sentence in question might be more about Pog.

https://www.ft.com/content/3790f293-515d-4e8b-b877-d1e4e7c01768

"Russian producers, facing difficulties selling gold in London or other western markets, are turning to the country’s central bank as the buyer of last resort. However, they are receiving roubles rather than US dollars for their gold.

Polymetal’s net debt stood at almost $2bn at the end of March, with 94 per cent of its borrowings denominated in US dollars."

Net debt increased to US$ 1.94 billion as of 29 March (31 December 2021: US$ 1.65 billion) mainly driven by seasonal working capital increase and accelerated procurement. 94% of the total debt is denominated in US dollars.

If reading that isn't a wake up call I don't know what is.

The only buyer of their product is the buyer of last resort paying in Roubles, these Roubles are worthless to western shareholders right now and probably forever.

War could easily and sadly go on for years

I think we could be in a commodity supercycle ( I read that somewhere obvs and liked it) where the this will be worth considerably more

and no dividend decision until August

meanwhile Polymetal has 2Bn of debt repayable in $USD and the buyer of last resort is paying for Poly's gold in Roubles

The war is only not 2 months in but possibly the 24th of Feb will go down as in history like Franz Ferdinand

Just seen 360k buy at£3-30 before 9-00am this morning
Hopefully a good start tomorrow

That could have been a sell

JPM hit Rolls Royce yesterday with 75p

Fully Electric really have to be small to have any range.

All the Hybrid cars are a tick in the box for greenwashing. Adding 400Kg of battery and keeping an engine cannot be realistically economical can it?

All of the above IMHO and possibly not something a luxury marque can deliver?

Thanks GJ,

I've googled clinical trials and it is quite interesting and looks like it would take years.

https://www.cancerresearchuk.org/about-cancer/find-a-clinical-trial/what-clinical-trials-are/phases-of-clinical-trials

1 Small – often about 20 to 50 people - Often lots of cancer types, finding out about side effects, and what happens to the treatment in the body.

2 Medium - tens of people, sometimes over 100 Usually one or two cancer types, sometimes more. Finding out more about side effects and looking at how well the treatment works.

3 Large - hundreds or thousands of people Usually one cancer type, sometimes more Comparing the new treatment to the standard treatment.

Surprised this hasn't moved the needle today.

IRI to merge with NPD - ICG Enterprise Trust plc (“ICGT”) is pleased to announce that New Mountain Capital has entered into a definitive agreement to merge Information Resources Inc. (“IRI”), a portfolio company of ICGT, with The NPD Group (“NPD”), a portfolio company of Hellman & Friedman (the “merger”). IRI is a provider of mission-critical data and predictive analytics to consumer goods manufacturers via an industry-leading data management platform.

ICGT co-invested $15m (c. £12m) into IRI in 2018 alongside New Mountain Capital, and at 31 October 2021, IRI represented c. 2.9% of ICGT’s portfolio value. The merger represents a strong return on invested capital for ICGT.

The merger is expected to close in the second half of 2022, subject to standard antitrust and international approvals, and other customary closing requirements.