Member Info for Pursestrings

I was in the Oxford store this weekend it was empty, they just don`t make any money and it will cost a lot to close these places down. I think it is a real shame, but the reality is I can not see any organisation prepared to take it on.

Looks promising

I sold out a few years back at £2 and obviously on hind sight that was the right thing to do.

I would like to get back in maybe soon. I am concerned about the rise in the minimum wage on the margins, also to compound maters energy prices rise in January which will add additional costs especially as they have so many stores. The customers will also feel the pinch as well as many shop at CF on tight budgets.

Maybe 80 pence may tempt me. Let’s see.

The Board will probably announce an interim CEO fairly soon

A finish above £15.34 and we are up and away again

Yes a fairly neutral update, however the tech market has been in the doldrums recently so on the back of that, probably the best we can hope for.

I really would like to hear more news from the US.

Directors buying in is always a positive

If the SP can finish above 1310 I think we are in for a period of consolidation.

Yes a rights issue is just around the corner.
They can generate some useful cash at around £5.

With the debt now offloaded, GSK will be able to finance there long term future pipe line.
I can see money starting to move away from AZN and towards GSK over the next few years.
A sea change is on the way.

These are free shares, it’s dilution.

I can see a holding pattern for the foreseeable future. If LNG deliveries from the US become unreliable then the Government may have to think again.

Agree, some figures or more info on the Office in the US would really move things on.

Bitbybit, I think your correct. OCDO is unlikely to see a good profit for another 4-5 years. Anything could happen in this time period, more dilution, a buyout, cash flow problems through rapid expansion, anyone's guess.
Personally I only invest long term with companies that have a reasonable yield, but if the tech market turns a corner there are opportunities here.

BoA at it again

Looks like BoA have reduced holding again

It’s tricky to find the re-entry point. Will leave it a while.

Q1 next year

It’s been an interesting few weeks regarding the SP.
This maybe the time that the board look at a placement, they are certainly in a better place than last month.

Yes, I would expect the trend to move up especially if we get a cold winter. A safety net of 6 months is not long and with a compensation package for the not in my back yarders, will possibly make people think about the short to medium term benefits of a local resource.