Member Info for Riffgo

Want to move from Halifax share dealing… reasonable sized portfolio (with a good chunk in CBG). Any suggestions which broker to use/not to use? Leaning toward Hargreaves…

Added a few.

Watch out for the early verdict. Pressure is on.

Has anything interesting happened?

Actually, Canute was being flattered by his courtiers who said he could turn the tide, so he had his throne set up on the beach to show them that just saying something doesn’t make it true. Rather apt.

Moral: never listen to people who hang out for the absolute low. They ‘ll miss it and so will you.

So do and say the minimum and let the price drift then announce they are taking it private in the best interests of the company and at the lowest possible price. Hmmm… best interests of whom?

They have chucked everything bad they can into H1. Looks better for the court to argue maximum distress. Initial mark down, probably, but the rise will come. I’ve pencilled in 4.40. That’ll be why Fid is upping. It’s time to hold the line and look beyond April 3. Just my view, of course.

Looks like someone is trying to persuade us that F/Y guidance will disappoint. May be it's the moment...

Someone is going to wake up soon to the fact that we need. Manganese in every type of gun barrel.

They should ban shorting of defence companies. That would mean any predator would have to pay a fair price. Not that I want to sell this. It’s ideal for my portfolio.

Things have changed. I don't think Americans can be trusted with British defence. I have written to the board urging them to resist any offer from Bain.

Won't be selling mine at 3.90... With this Labour government, any suitor will have to make it worthwhile making the capital gain.

I'm with Barclays on this one... 4.40 ish. Famous last words.

A mining company with no debt. Almost unheard-of. Also they have a massive silver mine... and that is going to be the next big thing. Don't think this will stay as cheap as it is for long... once the upgrades start rolling in.

Always read your posts very carefully and take on board the points you make and the spirit in which you make them. Thank you. At the risk of over simplification: it's likely that PCIP will undershoot sales by approximately £2m this year and that pushes back break-even/profit by at least a year. So anyone might think that the accounts not being at CH is deliberately designed to muddy the water and make it harder for any potential buyer to swoop and buy PCIP, giving them the breathing space to the next FY results. For now, 2.5 times sales makes PCIP's market cap look cheap enough for investors to stay in. However, the longer PCIP stays in public hands, the harder it will be for the company to compete and hit its targets against resurgent and capitalised opposition. So any sniff of taking this private would force Livingbridge's hand and at 5x sales that's a market cap of about £110m. So I would agree, at double the current share price, most people would take the money... but the window of opportunity for both scenarios is beginning to close and the company needs to ask itself what's best for its shareholders long term. That will start with the board being realistic about the potential increase in sales for the full year (as you say, +19%) or they risk dragging us all into a trap of their own making. That wouldn't serve shareholders well at all... and (like me) they are beginning to wake up to it.

...and someone has just taken away red.

Very efficient. Easy website to navigate. Arrived on time. Good quality. Haven’t owned DMs for years.

Docs is perfectly placed for the swing against trainers that is already starting. People are waking up to the plastic waste from trainers. Better to have one pair of shoes that last rather than endless trainers that don’t. Not talking for sport here! So Worth a punt at these prices, I reckon.

It's interesting that the one short on this share is Canada Pension Plan Investment Board with a VP who is ex Goldman. Just an observation on the buy backs...