Member Info for PUTUP

He won't control the Senate. Not much will get done.Plus ca change...

Just an admin issue. Probably have to find all the physical certificates. Actual cancellation is of no consequence whatsoever.

Once a decade. Looking forward to 2030!

Nah. Years like this are present massive opportunities for gain. 'Normal' years don't.

I wouldn't rely on it clearing $55 sustainably again (ever). But it doesn't need to for this stock to make today gains eventually.

Yet again it is way behind

Woohoo. A delta of 1.5%. Makes a huge difference in insight as to the composition of the total shareholder base - not - vs an analysis which extends at least to 58% of the shareholder base. Orient's analysis will likely go further but the company only posts the first 20 lines of their work.

When you've got 35+ years of capital markets (or investor relations) experience you can rejoin the debate on this one.

If you keep looking at things through a "divide by 100,000" lens you will be forever dismayed. The reality is that it's not at all unreal and, frankly, not at all surprising. A lot more shareholder rotation needs to happen before this thing recovers and I doubt you'll ever see 5 zeroes added just to the left of the decimal point in the foreseeable future.

And you guys ridiculed me the I said "70p before 80p". Carry on.

Disclosure: more bought at 70p.

"I don’t know Orient Capital, but Morningstar is the reference used by professionals."

LOL. Then you've never worked in equity capital markets, or in corporate broking, or in equity syndicate or in investor relations

"I don’t know Orient Capital, but Morningstar is the reference used by professionals."

LOL. Then you've never worked in equity capital markets, or in corporate broking, or in equity syndicate, or in investor relations

Sothic Capital management have clearly been strong supporters of the company since restructuring. Whether the investors who funded Sothic feel the same way when they're given stock in a distribution is an entirely different story. From that point they can decide themselves whether to continue to hold or exit. Their investments in Sothic will have been marked to market periodically ever since their commitments were called. Any losses were incurred some time ago. There will have been other investments made by the fund. Their return in GKP won't necessarily be indicative of the returns they've made on their total commitments. I'd hazard a guess that the very reason why stock was distributed rather than cash was to let the individual investors decide whether they wanted to continue to hold what's obviously been a dog for now. All we know is that Astaris held an estimated 16.48% of the company on the 3rd of August, they hold 4.71% at last reporting, no other investor receiving stock was obliged to file a 5% threshold ownership statement and the only new name to pop up on Orient Capital's analysis over this time is Fiera Capital. The rest is for speculation. I have my view and you can form yours. In early August the stock was in the 90s. It's now at 72p. Speculate away.

The Morningstar analysis covers a mere 7.56% of the company's stock and does little to aggregate individual funds to individual managers. The work done by Orient Capital, while still imperfect (there is no perfect visibility on these things), is far more informative as it covers 58% of the ownership. The company seems to update this analysis twice a month. It's worth tracking over time.

Most shareholder analysis is still dependent on questionnaire responses. It's the reason why specialists in this area exist. Including the one engaged by GKP

https://www.orientcap.com/services/ownership-analytics.html

"So PU we have 3 -5 years to wait for around £2 a share ?
Presumably then thats why every man and his dog ( Institution and Hedge Funs wise that is ) are currently buying as many shares as they can squeeze out of the remaining PI's who believe all they read on BBoards ? Because they have 5 years to wait for a return ?"

Your words not mine. I said I have a 3-5 year investment horizon in this name meaning I'm prepared to wait for that period to see the results I expect. If they happen more quickly all the better. But I don't expect some mystical pop, more of a grind.

Name some institutions that have bought. Here's a couple that have sold out: BlackRock and Capital Group. In addition, Sothic Capital now known as Astaris has been in the process of winding up, has distributed GKP stock to its investors and we can expect that many of these investors have sold (as presumably the reason the fund is winding up and distributed stock is because investors called their capital back). Astaris is now down to the holdings of the owners of the firm which judging from the filing is one individual. You might now regard him as a private investor. Lansdowne, Dimensional, Precision Capital have all basically kept the same ownership. Schroders dropped off the top 20 list. The best bid in the stock recently has been Voleon COVERING ITS SHORT. A peculiar one on the latest shareholder analysis is Fiera but I wouldn't place too much confidence on the accuracy of that just yet (and nor would you if you understood how these analyses are conducted).

So, no, I don't think every institutional investor and hedge fund and their dogs have been buying the stock. Not many are allowed even to look at a stock of this nature. The key shareholders are guys who play the distressed market. And, yes, they're comfortable with a 3-5 year investment horizon. Oh and I think you'll find they took ownership during/around the time of the restructuring so for them days prior are completely irrelevant (as they should be for you).

So quit with the conspiracy theory BS.

God you guys are hilarious. Paid (or otherwise) City trolls? One of the problems with this stock is that few institutional investors can give a toss about it. It comes with a ton of ESG baggage. That's one of the reasons many have sold out. To claim that there are a bunch of City folk investing time trolling this website is comical to say the least. On the other side of the coin, you have a bunch of bleating private investor "LTH" who seem to wear the fact that they've so patently stupidly long and wrong in this stock as a badge of pride. Wake up. Grow up. Stop reminiscing about days that are long gone. Either own the stock because you believe in its fundamentals, management's ability to exploit them or that change is afoot to improve either. Your bleating here isn't noticed by anyone in management or anyone in the City. If you're not confident about the stock's future, sell it. You can always buy it again if your view changes. Personally I think this thing has good gains before it over the next 3 to 5 years. I have continued to add below 73p (last purchase at 71.8p). My weighted average entry price is in the 7 tenths of a pound (today's prices), not some totally ridiculous higher level. A rally back above £2 is a lovely pay day for me. The rest of you would do well to mark your positions to market, stop looking in the rearview mirror and focus on doing something much more productive that whingeing and whining here with all your conspiracy theory nonsense. The only thing a new reader needs to understand about many of the posters here is that they've been hopelessly wrong for a very long time.

PS: I'd love to see the buyback strategy renewed at these levels. I'd expect it to be one of the top items on the new CEO's agenda once he/she has settled into the new role. The stock needs a solid bid to support the register rotation that is so badly needed.

"SCAM"

Then sell. Simple.

Deafening silence

Keep believing that. What else do you think? On second thought, never mind.

Me? No one. In full disclosure I've been adding. Recently at 74, 73.80, 72.80 (today). I'm just realistic about the price action I observe and expect to see. I would not be surprised to see a 6 handle on the stock in the near term.