The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Quite a decent sized purchase from Mr Molot (even within the deferred compensation wrapper), and I don't think even he would try and support the SP off his own bat for the sake of it, but rather he sees it going up from here!
Almost two weeks old?
There does seem to still be messing with the price ($13.88 I just saw - well below the price before the top end award against argentina), so I wonder how much scope for pushing down there still is... Hopefully, its mostly played out by now - losing £2 is one hell of a drop
Self evidently, they can't (if they ever want to be part of the international community.)
I'm struggling to ascertain whether political developments in Argentina are positive or negative at this stage, and whether it's causing the 10% drop, or where it's just usual BUR SP noise?
A short to hedge the selling down of BGs stake I would think, and mostly unwound by now?
Chilly macro factors and downbeat update, but I agree, ticks all the boxes for a PE buyout. Expected.
Quite enjoying trading in and out while we wait for a real takeoff. Long may zero stamp duty continue!
Good article, but puzzled by the conclusion; that Sysco has played a blinder - surely that remains to be seen?...
I was soooo cac-handed to not get their FV ducks in a row prior to attempting GAAP ... that could it have been a softening of the SP "accidentally on purpose", prior to a buy out?
I think that might take a few days, but words about the SEC have been very deliberately been misconstrued, including hyping it up on social media - dark forces are at play. But FV LitFin accounting is a new concept stateside - of course it will take a while for the SEC to satisfy themselves how to deal with it.
I would like CB to be asked if the SEC have at least accepted fair value accounting in principle. I assume they have, but I'm not familiar with US practices.
It is, but with quarterly reporting, fair value is needed for any sort of meaningful and consistent numbers
Inevitably the assets values will be up in the air until the SEC agree the value ascribed to them on fair value. It's very annoying this caveat is being used as a stick to beat them
This is why AIM stinks.
.... and while IR fiddles, Rome burns.
Yes I thought that too, but so says kukidoh on advfn. Reportedly on IBKR if anyone has access?
Results tomorrow apparently
It would truly be a neglection of duty if Petersen is still work in progress with Preska. So why not at least clear one case from her overloaded desk?!
Preska arguably brings it on herself if she can't produce rulings in a timely manner - and in the meantime, tongues will wag.
"resign, the shares would gain 20% on that alone."
Maybe slightly unfair, but I picture Liz truss when I see Walmsley - an unshakeable belief in her own competence, in the face of thin expertise in the field and woeful performance and value destruction, appointed for God knows what reason (well one can speculate)! And doubtless glee in the markets if she were shown the door.