The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
exactly know what has gone on but a rns should be issued to clarify as long as the profit that was stated is correct its a paper issue if they lied and over stated heads will roll but divi,s paid year on year the bank account cant lie who audits them . and wasnt the drop from 1650 to 990 then back above 1100 to do with this issue so why the car crash now someone is making a lot of money and it isnt me at the moment.
its not a matter of one being better than the other look at bookmakers there are 5 or 6 supermarkets 5 or 6 all trying to improve market share and be number 1 plus will be initiative and grow in its own way taking on board market changes as will igg and a few smaller players .i personally think plus is sp is way undervalued normally i can narrow down a price i think it should be but its a fools errand with plus 1500 1800 2700 any would not surprise me.
on Brexit will see tcg double or treble but even a no deal cant impact to much more on the sp
the EU has stated the all uk nationals will be allowed visaless travel of 90 days out of 180 they have no choice on an aircraft deal the southern states will force that issue .jmo the fact still remains tcg need to get a better margin and make some cash.
the lowest price was 9p i know because i still regret not pressing the buy button for a 100k of shares four months later it was 149
im going for 1550/1600 what a total load of bollocks thats been spread to no avail yes they have to comply with the boe stress test rules but an expensive indemnity will solve that short term £25/30 is a true value scare stories of ri are wishful thinking.