Member Info for silverknight

Has the feel of a company in its death throes

Presumably you're looking at £3 to buy more?Even though the management are useless at helping shareholders. Interesting comment in Money Week on Tate.

Balancing 40% discount to NAV against risk of further setbacks and tying money up for a year until the next payout. Think I'll review in the autumn.

Was expecting a higher repayment this time-50% more

The track record creates the credibility gap. I expect further writedowns so current sp seems about right to me

Supposedly the wiser tactic

Barring nasty surprises in full year results this seems incredibly cheap in an unloved sector.

Prickly. Sorry, it wasn't a personal criticism. I know you have a lot of time and money invested here. I paid 30p back in 2012-thank God it was only a very small punt , but you can probably understand my scepticism.

Prickly. Last July (post AGM which you attended) you said "CB has several offers of funding across his desk". Really? If that were the case then why after 7 months has not one of those offers been taken up. CB is full of c**p and the only beneficiary after nearly 8 years in charge . Jam tomorrow or sometime maybe.

Muted response to latest NAV of 162pps. With Futura decision imminent there should be plenty more upside.

Given the long term dividend record, it's excellent value. I'm buying

Trying to assess the magnitude of the Razor/Infinite issue. Sounds like the NAV could be written down to c22p . Blow to confidence. Thoughts?

Plump and dump? Fat chance

As Guitar says, there is a credibility and trust issue here. Right now the jury's out

Positive news on Futura and Caledonia today

Real time spread is only 2p.

The offices are outside London and they seem to be making reasonable progress on disposals. Bank rate still 4% to (try to) keep a lid on inflation. I'm inclined to add some more to my holding

There's clearly people ready to hold these post delisting for the excellent yield. Interesting to see how many liquidate in the final week's trading

Nothing has been said about the dividend intentions/capabilities going forward. If they are willing and able to maintain it then it makes the shares tempting to buy pre delisting. Need to find out.

Yes, although this will reflect in a lower NAV (to about 27.5p?) it's good to see some monies recovered.