Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fortunately I started buying in 2010 and my last purchase was in 2018 so I am still ahead but it represented by far the biggest part of my portfolio and hence a huge hole. I continue to hold in the belief that the US-China issues will be resolved and the pipeline will produce huge revenue in coming years. In the meantime I am hoping a certain mining company will help to fill the void.
That was short lived!
Well it's up 11% today on no news and tiny volume so it is difficult to make head or tail of the market. Let's hope this is the start of the recovery
I think that's the point at which I buy shares in GROC
My subscription has lapsed so I cannot (would not) post the full article but the free to read part goes like this:
RiverFort Global Opportunities – a Buy (again)?
By HotStockRockets
In January last year we banked a 16 months, 50% gain on RiverFort Global Opportunities (RGO) at 1.20p per share. The shares went on further, to exceed 2p so that sell was premature but you never go bust banking profits! However, despite a successful development of the strategy, the shares are back below our prior sell price. Therefore, there now looks attractive potential again here. Buy again at a 1.1p offer.
Tom Winifrith said Buy (again) and looks what happens!
Remember RGO pays dividends - in the real cash sense - which makes it a pearl
Tacly, that's a fascinating metric and one I have never seen used before. Agree, it does not show a major sell off and the price reaction has been unfathomable - presumably collapse in price drying up sales. What, if anything, can HCM management do to make the shares more liquid?
Yes, all in all looking at the biopharma sector and US listed Chinese companies we have held up relatively well. I wonder whether the clobbering today is more related to the departure of Christian Hogg?
... is looking a bit like Nessie.
And I am sure this is a positive thing...
I do just wish HCM would switch to the main London market as befits a company of our status. As Jatw says even if the IHT benefit still exists it may not do so for ever. There will be some such as Bhim who switch to other AIM companies but I think more would join than leave.
Does anyone know how much of Low6 we own? The final report for 2020 said we had invested (without disclosing what share we had bought) and the 2021 interim merely stated we had increased our investment (a paltry £35,000 an RNS disclosed) so with £235,010 in Low6 what portion do we own and how significant a holding of ours is it?
I would be horrified if HCM were to abandon London. For some of us overseas holdings are particularly difficult. In the video conference I referred to a week or so ago the head of TILS was loudly damning AIM as a market to list on for biotech which is why I posted (not that withdrawal from London has done him a blind bit of good). I would love to see HCM move up to the main London market or the 350 where they could be accessed by a number of funds for the first time as well as other people noticing them.
youtube.com/watch?v=MVP8XyJruDw
For us with listings in the UK and the USA I found some interesting perspectives & observations from panelists in the Dechert's conference. (Davey, you will recognise one of the panelists)
If the link doesn't work search youtube for: Healthcare Deals Conference: Capital Markets | Strategies for Success in European and the U.S.
Excellent article making a compelling case, albeit with provisos as is the nature of our investments. I am up 44% on RGO this year and it's nice to finish the year on a +5% day; I shall be more than satisfied with a similar performance next year and with the possibility of even better...
Davey,
I take some comfort from this article as I do not believe HCM has any ties with the Chinese Academy of Military Medical Sciences. And as the objects of our company are so transparently for the good of mankind one hopes we will suffer no adverse effects. I know the Beigene sp has been hammered since November but has it actually been blacklisted?
SS
I've looked at the company website. I have read the annual report but I cannot see anything about the Pref shares. They do not seem to be receiving a dividend; how much is owing to the Pref holders? Should I buy these instead of the ordinaries? Appreciate any advice. Thank you. SS
Jatw, to judge by the price movement today it seems your forecast of rotation into HCM may have begun. Long may it last...
Perhaps we have already had our falls and are seen as "fair" value?
They're going to need that much just to buy out Davey...!
Is doing its best to rival the Scottish government in its loathing of business and wanton destruction of enterprise. We know there are just a few swimming pools worth of water to be pumped out and yet the jobsworths are doing everything they can to justify their own existence even at the expense of destroying a business. How we have allowed things to get to such a state I do not know but it will only get worse with the lunatic fringe masquerading as a government. Deeply depressing