The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Demon_G, that sounds almost identical to my current situation. Wise words indeed.
“Nobody ever lost money taken profits” as a good friend told me recently.
I think for my own sanity, I’ll be bowing out the w/c the 22nd. Let’s hope there are a few more points to be had between now and then.
Thanks all
NorthSeaTiger, it has been quite quiet for a week or so, fingers crossed you’re right.
If you’re correct, might just have to rename the property Open House or Orphan House, perhaps the latter might raise a few questions with the new neighbours though!
GeoffieBoy, thanks for the note and sound advice. As always in life, nice to know someone else has already walked your path.
Yep, bit of a dilemma... I would love to extend the mortgage, however it’s already at 38yrs. Throw in a 4 week old daughter and I think it’s just time to cash in, for now!
I’ve been drip feeding in since March 2021, most bought between 12.5-25p, so cannot complain at all.
That said, the divi would be lovely to perhaps bring the loft conversation a touch closer!
This board and share has certainly kept me entertained over the last 1yr.
Good Luck everyone and hopefully the next year is even more fruitful for those just joining!
Sadly, I'm going to have part ways with my 60k shares at the end of this month regardless, due to a house purchase finally going through.
I've never been so disappointed in a completion date in all my life LOL
The temptation to borrow more money and leave these shares in CF hands is enormous!
I just know the week after I sell, the divi's will land!
CF, if you're reading this - help a brother out - I've been waiting a long, long time! ;)
Haha, a terrible speaker!
That said, had it not been for Al Green and that very podcast many, many months ago.... I’d never have heard of Open Orphan (possibly until today)
He can ummm and uuuuurgh all he likes, he has transformed my life financially and for that I will be forever grateful. Oh and Eddie Stobart , he’s made me a lot of money on that too come to speak of it ; )
Since passing the 27p mark, this forum and LSE have turned into some kind of horrendous social media bickering contest.
My worry is those posters with valuable knowledge and insight, will soon get bored and keep their thoughts to themselves.
This isn't a football fans page, so if you want to belittle, be condescending and speak absolute tosh, sign up to Instagram and irritate someone else.
I'm all for open debate but I can't be the only one who is finding this all rather dull now!
Grow up, stop acting like keyboard warriors and offer something insightful, or nothing at all!
I would just like to apologies to CF and his staff for whining and moaning throughout January.
Fair to say my tail is well and truly between my legs! Thankfully, although I was whining like a mule I held on.
Someone else has already mentioned this earlier, but just want to thank some of the posters on here, you’ve guided and reassured during some squeaky bum times, when I was hovering over the sell button!
Like many....lockdowns, COVID, bit of spare cash in the bank. saw me start investing for the very first time.... many lessons learnt during the last year. Mostly, stop moaning and give CF all my money to look after ; )
Good Luck everyone, it’s fair to say this investment has changed my life financially!!
What are you, 7yrs old? I haven’t got a smug bone in my body.
I’d bet my Balearics to a barn door, nobody is complaining of 70% growth in here.
Just be honest, you were being smug about your investments and mocking those that perhaps have been in since November/October who are in the red!
KTRB, that’s a very smug post, shall we put it down to a few too many glasses of wine?
There will be a huge amount of investors reading that who have been here a considerable amount of time (in the lifetime of OO) who bought on CF promises who find themselves in the red.
Well done for hitting 70% though.
It’s far to say the month has now passed though, and with no RNS this morning means transformational January has passed us by.
Let’s hope the next talk isn’t the same slide deck, comments of moving house and how world leading we are.... because in 3 months time, you’ll probably still be sat at 70% and lots in the red still.
I’m sure in time this will develop nicely, but not in keeping with CF’s over enthusiastic timescales sadly.
KTRB, to assume everyone has made 70% profits here is very naive.
Congratulations if you have though and well done.
Just a thought for many who have been in here since October, who are perhaps down though and feeling less smug!
January has now passed and unless we see an RNS tomorrow, which we never do..... CF in many peoples eyes has let another timeframe slip.
I am certain great news is around the corner, and I hope everyone gets to 70% profits, but there will be quite a few frustrated investors here who find CF’s timeline promises a little over enthusiastic and feel let down once again.
IMO the talk on the 3rd will now most likely be the same slide deck, talk of him moving house and a transformational period for a world leading company..... for lots, that’s not enough now.
For anyone who replies “patience” I think there has been a huge amount shown so far, by quite a few!
I am certain in time, this will have a far higher SP, but let’s remember it is CF who has put dates on events via excited talks, so has nobody else to blame if there is a bit discontent growing.
II selling, imutex, facility expansion, two dividends are a few items that need some clarification IMO.
All that guff, quality over quantity is what is needed at the moment. Less emotive chat, more facts via RNS.
Whichever side of the fence you sit on, it's clearly caused a debate. That's no bad thing. Those who bought in at 10p love the situation, and those who paid more than 22-24p less so. You could draw a pretty clear line in the sand if you found our what everyone's average was on here
Bronx, only time will tell I guess.
The bashful talk of reducing heads and only having two board members on circa £150k a year running the entire operation, sounds like it is most definitely hindering us at the moment for sure!
I am certain CF is doing all he can, but he's clearly spinning too many plates at the moment.
North Sea, that's like saying, google was only £1 in 2000. It's irrelevant, unless you were here in May.
For the record I have drip fed in since March, so I haven't been here since Q4 2020....
My point is, if those historical investors cannot see that confidence is draining away, and we are clearly struggle to attract new PI's and II's then that is pure narrow mindedness IMO.
If you are happy to wait 18 months for this share to reach 30p, then great... but that wasn't the narrative CF delivered, hence the feelings being aired at the moment.
JH, but if we are currently undervalued to the sum of approximately 10p a share, and we are due to grow by 50% every 6months, then why wouldn’t they buy them!?
I am desperately trying to remain optimistic here, but I’d hazard a guess the II know more than I, and probably the majority of us PI’s who have believed in CF to date.
As someone alluded to earlier, those in at 6-11p must be laughing at the moment, but there are plenty who aren’t, and bought in the mid to late 20’s on transformation news inbound. At present, he has let quite a few of those down and had failed to fulfil on his promises. For those who argue he has moved house, well so have I... and I’m sure he wasn’t wrapping his family China at 10pm at night himself.
Let’s hear CF come out fighting now, agree the SP is undervalued, show how he intends to move the share price forward and perhaps revise his road map, as it is behind, albeit by a few months, he is behind. Because let’s be honest, he’s only ever put the breaks on this share price and regardless of if you are a 6p PI, or a potential II at 24p why invest if your CEO is constantly lowering expectations!
Ha, I wonder how many shares Sir Charles Walker owns exactly!? Or when he bought in at? ; )
Moniman, I assume you mean end of the month?
There is little chance CF would have agreed to the talk on the 3rd without news, whether dropping hints , or (fingers crossed) discussing a transformation RNS he releases before now and then.
Either way, a clear road map would be welcome as there are too many unknowns still at the moment. I'm sure amazing news is just around the corner!!!
Is CF struggling to find a new II do we think, or is he happy to see the SP sit where it is for now as it plays into his game plan of not letting their share price get ahead of itself?
KTRB, would it be wise to assume CF knew invesco were going to sell in Jan all along, hence the constant comments on not wanting the share price to get ahead of itself?
If that’s the case, then completely fine.
I fear his messaging has lead a few, and perhaps the market to think this was for his own personal gain though - reference the time he has left locked in.
Just curious on your thoughts, would it not have helped attract new investors if invesco were selling with our SP in the 30’s, as we would have shown more of a connect with actual company value/news v’s current share price. A Large II selling an undervalued share never looks great.
Let us hope this is the first of many RNS’s to be issued this month.... and they have started with the least “transformational” and “bemusing” first, just as a little joke/teaser.