The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This stock is a waste of time. They have no money to actually invest in anything and they dont even have a team behind them anymore. I thought Roger Tucker was going to be the big saviour??? cut your losses and get out. Invest in a stock that is actually doing something.
burning cash on what????
I could be completely wrong but reading between the lines they have established a cash shell with no cash in it. I don't think they have the money to make any acquisitions and are in the process of trying to raise it, which is very difficult at the moment.
we are climbing back up wooo hoooooo, still think the board needs breaking up though.
Thats ok, the British govt arent the quickest in making announcements ha ha
I've been saying that for months now. I know how you feel.
Its a duel role and he started this about 8 months ago!!!!!!
Whats up????
It doesn't, that's what I was asking. Are the deals going to be 200-300mil size to make the market sit up?
But as we all know with any M&A, is it going to be big enough to make the market sit up and take notice. Sprint have promised similar funds to various companies and nothing has ever materialised. I'm not doubting work is going on but $5-10m deals wont even register.
What if the news doesnt come? And what if the news isnt what is to be expected. Look at what has happened since Roger Tucker has come in. He was supposed to be this big hitter who knows the market and can do deals - the share price has plummeted from 60p to 36p!!!!!!
This going to happen sooner rather than later don't you worry and it will be a big hitter!!!!!
Is the asset in Egypt?
Moreforus - fancy a little wager?? ha ha. This stock will not sit on the main market for much longer, trust me. It makes no sense to. This will be on AIM inside 12 mths.
What happens if it moves to AIM?
We were promised big fund raising, big producing assets and a crack team on the board. At the moment looking at what they are about to acquire the city will not be impressed!!! Thats why they are keeping it quiet to garner interest, its a classic case.
The share price will not increase on the news that Imara has been acquired. Infact it may even go down!!!!
I dont think the FTSE listing will last to be honest.
Do you think BOC is going to be pushed out? The board did need a shake up to focus on delivery.
What big news??? Do you mean the new $200m acquisition in China?