The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
One of the reasons why I refrain from posting on there ;-) Nothing 'transparent' or 'ramping', just the outcome of a genuine phone call that happened yesterday afternoon. It should also be noted that although there has been no RNS about the dip in price or the 'sellers' (yet), Redhall management have been very helpful replying to both e-mail's and telephone calls to everyone who enquired. Not many companies would do that! (*cough* Tanfield *cough*).
Afternoon, I had a lengthy chat with the chairman yesterday on the phone, and he remains upbeat and described the share price as 'stable' now. He reminded me that he holds 1.3 million shares in the company. He has been very busy, especially last week with presentations and one of the new buyers (RNS soon, prehaps tomorrow when the CFO returns) he was keen to point out was a BIG name. (3 million shares in total iirc was mentioned). Leading up to Christmas he hopes to announce two or three contract wins as well as new acquistions. He was however, concerned with the drop in sp about being taken over. So, my mind is at rest now and I have doubled my investment in the company. Key thing to remember is that they are DEBT free and money in the bank! Good luck holders and dyor and all that! :-)
but not much buying...
Some rather large sells of 25,000 going through! Keen to top-up towards close of play today, see how things go.
thanks. Another 98k recently gone through at the same price. Keen to see what happens from 4.30 til 5.00 after last nights activity.
are thoese last trades 100k and 117k buys?
+11p
surely another tick-up shortly after all these buys at 137.8?
went a bit wild for a few minutes!
are they not sells at that price?
had to make a call to TD Waterhouse but managed to get in at 128p. all the best
I see a stream of buys coming through now. Once the sp starts to rise I will buy in.
did he say if a press release to the market will be released to calm things down?
has trading been halted? nothing traded for a while
but everytime i go to buy the price falls more so i hold off!
Has this bottomed yet I wonder
is the price 21p or $21.00? Keen to buy after researching :)
good financials and future prospects - just wish I had some dough!
Buy before official announcement but the company has secured a major deal with NASA!!!
Hard to believe how much money I have lost this week in Vero. I know I brought at 12p, but couldn't sell until I received my certificate (which I got today). £14,500 profit gone in 10 days :( Fingers crossed for the offer.