Member Info for Roguemale1

Just buy them back Aspers...enjoy the ride

Yesterdays posts got me thinking... my usual example is COST, which had some bad jobs, needed to have a rights issue and consolidation, no divi, hardship rations. You will see that over a few years it has gone back to just above its previous MC, even before paying a similar divi. Just steady new leadership team, no surprises turnover and margin.

Now people may say ah well that couldn't happen here but why not? Keep the nose clean. Pay down debt, return the divi. If the business is the same as it was of course, which it won't quite be because the return on insurance will be different. But there are other new products to add to that and in theory the insurance risk is reduced/eliminated, so the take should end up predictable...

It's not that long ago that my confidence in getting 600 was greeted by derision here. I now have a stretch target well north of that. Interesting times.

Good to see you post. Long and strong here!

On the face of it Actus have still to buy 1.27m shares to close but I assume they started already...

I think if results are as most here expect, that would be a low ball offer tbh...Don't see the key stakeholders selling any until the job is done.

But ill take a tenner!

323 WIX Wickes Group FTSE 250 234.50 547.9

324 BRGE BlackRock Greater Europe Investment Trust FTSE 250 571.00 546.1

325 AVON Avon Technologies FTSE 250 1,836.00 544.2

FTSE 250 automatic entry position

326 AEP AEP Plantations FTSE 250 1,380.00 543.6

327 AAS Abrdn Asia Focus FTSE 250 362.00 539.6

CRE Conduit Holdings Ltd 343.50 537.5

FTSE 250 auto entry currently circa £3.78....

I'd say more likely Actus Ray closing or a new fund...the Kernow view has been around a while now

Volume is good either way.

Well we shall see I guess... The RNS of 16/12/24 states that the deal has "..been entered into", with 2 contingencies.

1. Suitably signed off and no qualifications for going concern etc on 6 months accounts ending 31/7/25

2. Refinancing of bond and RDH loan.

Both of those done and dusted, so the only thing they could confirm is the operational readiness date being met which as everyone says was expected to be Q4 25. With the annual 30/1/26 ish TU not that far off I would think it will be mentioned then but like I said lets see. Otherwise the 12 months date from the RNS is the 16th and the last trading day of Q4 is NYE am....to get us sweating!

Guys, I'm not thinking they will RNS confirming something they said previously was going to happen?

I think next will be a good set of FY results (not including the numbers on the new insurance set up, that will be '27 FY no?). Happy to hear nothing right now.

Very good Rupans!

Popes-you're right don't forget the debt; but also remember how fast it is reducing....

Decent, updating WJG write up on his sub stack.

Cekim, a good while back now I took a leaf out of your book and wrote to inv relations... Asked basically if they had a kind of road map in mind for how the value might crystalise here and if part of that was a return to AIM...

No reply...

Still, seems to be turning slowly now though . Long may it continue! GLA

They've reduced slightly..

Monty, I think looking back over the last few Full and HY words and numbers on building remedials, the provision seems to have dropped from £65m to circa £45m in the last 18 months (not certain I'm reading that right though). All eyes on the detail in Jan methinks!

Https://www.constructionenquirer.com/2025/10/22/watkin-jones-wins-green-light-for-800-home-edinburgh-scheme/

They really skim don't they? You can kind of see where the debts going but I agree with him re clarity on what future insurance looks like. I'm not sure anyone can say really other than people inside the deal..

Volume looks good, just made a top up which took several attempts...just hope its not the P and D crew again loading up, but I guess if the green boxes appear then we'll know eh?!