The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Jammy barsteward!!
I don't think it's an absolute certainty. The 2 shareholders don't have massive shareholdings.
But the majority of shareholders are institutes.
The share price doesn't appear to reflect the probable wind down. As in the capital gains. The price has not risen since the announcement.
I am worried about the selling of the unlisted shares in fintechs. Who do they sell these minority stakes to?
"So... if you hold a stock at ex-divi why would you not short it?? Come on, even your parents could tell you that one! Lol!!"
There is no logic in that. Not everyone sells exdivided as you have stated.
You said all shares are being shorted. There not.
CFD do not effect the share price as they don't involve shares.
"Do you see why you my point for me"
That's the sort of English you get in phishing emails.
I have noticed that people like you, tend to have parents who have belittled them all their lives. Basically they think you haven't lived up to there expectations and have let you know so at every opportunity.
You then feel the urge to belittle others but does really make you feel better about yourself?
Maybeonedaysoon
"You obviously don’t have a clue how shorts and CFDs work!!
Name a share that currently does not have a short placed against it."
That is an extraordinarily stupid remark.
You are saying every single company is being shorted? Really? So those that are shorting as a group think every single company will fall in price?
That is an extraordinarily stupid belief.
AND CFD DO NOT EFFECT THE ACTUAL SHARES PRICE.
Have you thought of moving your money into a building society account?
PS just added to 3i not being shorted.
Your thick, at least that's what your post suggests.
Had a stop loss trigger during the short lived and nonsensical banking crisis. Was going to put it all into HGT capital. Instead I put 20% into HGT capital and 80% into legal and general. Legal and generals was going exdivided in about 6 weeks.
Sold the day before it went exdivided for 9% gain and used the money to buy HGT which had fallen 3%. HGT is now up 12%. How good is that! How lucky was I!!
Started buying in June last year. Made 14 purchases to date a very large one in January. I am up 30% today.
Hargreaves Lansdowne has the premium at 9.8% but it is yet to update the NAV.
Unlike the majority of IT private equity which always Trade at a discount 3i is nearly always at premium of 20% or greater.
When I first bought it was on a 25% discount at the same time pantheon International was on 45% discount. Pantheon International generally trades around a 20% discount. The best you can expect is a 15% discount on pantheon.
That made 3i the bigger bargain.
I will be happy to buy at 15% premium. As all updates are around 2 months out of date its reasonable to assume the premium is not that large. I am ignoring the months between updates.
All of the latter is of course based on the belief that Action will continue to grow at its present phenomenal rate.
Add to that the "phenomenal" increase in dividends. The 5 years including covid the dividend increase averaged 11.9%. This year's is 14%. The trailing dividend is 2.8%. At 11.9% it takes 6 years to double.
Another bargain is HGT which regular goes to a premium, it is still on a discount close to 25%
I do assume everyone is aware the shares are being shorted?
By how much is not necessarily relevant.
The fact they are being shorted is enough to have an effect.
I have already posted this before so I assume people don't think it is having an effect?
320p before covid 310p after.
Nothing has changed at the company other than a significant increase in profits and dividends.
There is no reason therefore why it won't climb back to those figures.
Maybe David bent can give us a reason?
Davebrent
"I'd rather be a moaner than someone who doesn't take responsibility for their own actions."
Clearly investing isn't for you. If you dont have the patience to live with lows then you shouldn't be investing. I would advise taking out a building society account. One that pays more than 8.3% dividend.
Gary59
"patience is definitely the name of the game here."
Exactly, it's called investing.
It appears there is quite a few on the forum how don't grasp the basics.
Remember all, this hit 320 before covid and 310 post covid.
If profits and dividends keep on rising then only an idiot would think they won't do so again.
"wishihadnt
The matter is being dealt with as per the RNS update.Still looking to double my investment over a three year time frame whilst collecting the very generous dividends.We all have our different attitudes to risk which is fair enough."
I doubt you will have to wait that long.
I am thinking 2 years assuming no take over.
As long as they sort the ludicrous amount of housing associations and those run by incompetent directors.
As an aside they receive the rent how does it go missing between them receiving it and paying it?
I would say running costs like directors pay.
"I've taken a lovely profit and reinvested it in FTSE 100 companies paying 9% dividends"
Unnamed in case others will come up with a different view.
"You need to research properly "
You have no idea what research I have done.
Your "i am superior to you" view assumes that others using the same research can't come to different conclusion" wrong
"posting on here trying to help others." Your not trying to help others your saying I am right this what you should do.
Bye mister Mainwaring.