Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Or you could flip it on its head and say PI’s are putting money in his hands - He’s just grateful for it. RMS is a good example of PIs loosing the plot reading the board, from beginning and until it’s end.
Assume you missed out on the special dividend Summers ? Are RMS paying one too ?
Ok thanks, a bit of momentum and looks like it should start moving. Opened an initial position today that shows as a sell - based off that it’s highly likely that all today’s trades are in fact buys.
Hey Jagergard, can you elaborate on what you mean by that ?
Regards
Me too haha. I like the look of what it could be as a doubled up company - Dec onwards. Growth via acquisition isn’t unusual. Was invested in a little known company called Restore, (cannot remember previous name) out the other side of the 2007 crash. A result even remotely similar and we’re onto another long term winner.
Well it certainly sounds like you’ve got your head screwed on, especially regarding picks/timing. There is nothing silly about not being all in, if anything it removes certain negative emotions as the risk is then somewhat mitigated. Am in Card also but haven’t posted over there for months. KIE, GRFD and MTO are a few of the others I also have stewing - Always on the lookout for similar undervalued options that can appreciate within my portfolio haha. MNZS has been by far one of my favourites since all this started, it just carries certain qualities especially over time that are hard to find across the broader market.
Likewise Tom but over double the profit figure. Am sat back silent and patiently watching it grow. Kind of regret not topping up further a week back as this appears to be headed in one direction only for the foreseeable future and that’s Up. If we get any dips it’ll be hard not to add more, especially once Covid is fully behind us and the skies fully cleared. GL
It’s probably worth asking your husband what kind of price he was looking for before making a decision. I’d be hella annoyed personally if I fell into ill health and then found out family members had taken it upon themselves to start selling off my shares without consent/authorisation. Generally the market will react quickly on news either way however as he’s holding theres a very good chance he has taken certain factors into consideration already so it defiantly wouldn’t hurt to ask him if thats a possibility.
A rights issue is enough to make anyone nervous and as Barchild pointed out its a very personal decision. It’s hard to get a sense of where we should be as we still also don’t know the full extent of the Covid situation at present - is it over ? Possibly but I’m inclined to think we not through the last of it yet. All you can do is weight your investment appropriately to where you are comfortable with the reward vs the risk whilst allowing a tolerance for the market to do the opposite of what you expect so that you can still potentially play to advantage on it.
Yes a very good day all in all, looks like those waiting for 30s well and truly missed out.
Add to that Tom, they only have 84m shares in issue and put a buy back clause in one of latest RNS also. MNZS is one of my favourites moving forward. When we see some form of normality resume I reckon this will motor fast. Almost added another 5000 late last week but glad I held off. If bargain territory is seen again I’ll look at adding a bigger number
“20-year supply agreement to have beers provided for its pubs and restaurants” Our current MC is supported by our 40% of the JV value alone. The whole pub division + £273m is then thrown in for free as it stands. Will be an interesting few months indeed.
By John CorserWolverhamptonBusinessPublished: Oct 30, 2020Last Updated: Oct 30, 2020
The £780 million deal to create a new giant brewing business with its headquarters in Wolverhampton has been completed.
Marston's has announced the completion of the joint venture arrangements with Carlsberg UK. The deal was first revealed in May.
The new Carlsberg Marston's Brewing Company will be headed by Marston's Beer Company managing director Richard Westwood as chief operating officer. The 1,600 beer company staff are now to be combined with 1,000 employed by Carlsberg, which is known for its lager.
Marston's will have a 40 per cent shareholding in the joint venture and a 20-year supply agreement to have beers provided for its pubs and restaurants which will operate separately from the brewing business.
Marston's House in Chapel Ash will be the headquarters for the new brewing company which will take in Banks's and the other Marston's breweries around the UK including Marston's Brewery in Burton upon Trent, Jennings, Ringwood and Wychwood.
50-55p for a start. Our resident trash talkers seem to forget the JV was announced mid lockdown. JV is now confirmed with a shorter Lockdown time frame ahead.
The problem with jumping shares is it that it only takes one wrong move to wipe out all your profits and then some, but if it works for you then that’s great. I only hold 40,000 shares here but will defiantly consider bumping that up to 100,000 if there is indeed a dip moving forward. Don’t really see it myself but I guess the new measures could make for another opening, am relatively positioned in either event. As for the capital gains factor, a stocks and shares ISA built up over the years is probably the best answer.
SC, I was 50% down on that miner during Lockdown and held regardless, my biggest mistake was not adding there as shortly after it went the whole hog but I already had a considerable amount and did well regardless. You only need to google day trading vs investing to understand that your methodology is flawed. Are you 1 in 10% ? Possibly, yet I doubt it given the lack of it conviction and emotion demonstrated. We clearly view odds very differently. The future dividend here for instance is basically your exit in one sitting whilst still holding all your shares which would almost certainly be sat at a higher level by that point also. So yes, if I want 10% - 20% then I really don’t need to sell my shares, I just need to wait for the dividend to be reinstated ??
Yes in all fairness 24% isn’t bad, but that’s day trader range. I look for 100% plus on all my investments or don’t find it worth my extended time. A miner I recently sold for close to 1000% after spending the last 3years there. 24% just seems like a crap shoot to me... there’s no conviction you know. You either believe in the company or you don’t, and if you don’t then there’s really no need to be involved in it in the first place. Funny enough, I haven’t posted any kind of comments on that board since my departure, go figure. GLA
24% isn’t much to sing about mate, be interesting to see if the institutions start loading up moving forward. Atb
Not much sign of anything in that RNS accept JV completed. Wouldn’t have hurt to run over the details again, almost appears to be a preliminary RNS with further details to follow. Would have preferred a more detailed Monday RNS that a rushed through Friday one, maybe they saw SC’s comments and didn’t want to delay :)
It would be better on Monday as the excitement will be fresh. An RNS today would not be the way forward. Anyone dreaming of a Friday RNS is on a different planet. SC your sums aren’t including what Carlsberg bring to the table - your calculation is £580m for Marstons and 0 for Carlsberg lol, Seriously. If you can’t see any positives here go find another share where you can, life is too short to be trolling LSE bulletin boards with opinionated nonsense. Admittedly it isn’t sunny outside today but come on......