Member Info for Skindle

I stand by this quote FTSE12 but your negative stance and your lack of investment have changed my sentiment, much like brokers. I believe that you are indeed a wise investor but you could transfer your negative energy here into more positive contributions elsewhere. I just can’t see why you continue to post negative sentiment when you have so much more to give elsewhere. I post where I am invested. I never share personal positions and I never make predictions, all of which you did in one post.

I am sure we are all delighted that you have a paper profit in Ashtead FTSE12 and that you wouldn’t invest in any airline share currently. I am therefore puzzled by your continual posts on this discussion board. With no investment in IAG, I find your posts entirely irrelevant.

Nobody likes a smart**se !!

I flew out of terminal five yesterday to Greece. Twelve rows in Club World, forty eight seats, all taken at over £800 per person. Traveller cabin also extremely busy.

Would appear to be a ‘Club World’ away at the moment Sundezena ?

Morning Ejackson, we are the only two investors left standing on LSE. You may be interested to read some of the posts on ADVFN, most notably from our friend 1GW_ and Inever, both of which make some very interesting and valid comments. Registration is free.

https://uk.advfn.com/p.php?pid=logout

20.615 per cent was the declared Schroders holding on the 9th December 2020. 19.206 per cent is the new holding declared today, an approximate difference of 1,223,964 shares. This does not constitute adding in my opinion, merely buying back. If Schroders are so convinced of the positive intentions of Frasers, why did they sell nearly 1.5 million shares in the last five months ? The performance of the business has only improved in those five months. Just saying.........

Sunsurfer, your posts are normally so eloquent. There is nothing you need to change to improve, except to exclude the crude terms. Keep posting but keep it clean.

Schroders only backed the board in March 19 because the offer that Frasers made was at an audaciously low level. You will remember that Schroders along with Toscafund were jointly responsible for selling part of their respective holdings to Sports Direct in the first place. Prior to Sports Direct becoming a shareholder, our share price was as high as 330 pence. To their credit Schroders did take up a holding at the rights issue which is one of the reasons why it succeeded but since then quite frankly their involvement has only been negative. I’m sorry to disappoint you Ejackson but I just don’t trust the intentions of Mr Brough because I believe that were Schroders, Frasers and the board working collectively then our share price would be well above its current level. I believe that Frasers want Studio PLC as part of their portfolio for something under 300 pence a share and currently Schroders appear to be supporting this plan. We have a new chief executive, could it be that Messrs Brough and Kendrick disagree on the future direction of the business ?

Maybe it’s a good thing that you haven’t posted in a while Sunsufer, I find your ‘dick swinging’ term very unpleasant. Your credibility disappeared in an instant as far as I am concerned.

I actually find the posts of FTSE12 and Stargazer interesting as these posters tend to be better informed than many here. Many thanks for your observations.

Either Mr Brough is powerless to act or more likely he is supportive of Frasers plan. Whatever it is, he is no friend of other shareholders.

This has developed into a game of chess between Schroders, Frasers and the board. Currently the board are in check. It is therefore incumbent upon the board to make the next move.

I’m not seeing very much blue Sunsurfer.

A slightly worrying scenario Ejackson and where Frasers are involved, nothing is beyond the realms of possibility. I think the board under Mr Kendrick are committed to taking Studio PLC to the next level but so much depends on Schroders. If they back the board in their vision, we should be safe but if they decide to work with Frasers then we could be in trouble. Frankly 345 pence is looking quite attractive at the moment although I accept this still significantly under values the business.

Morning, the powers that be are listening to us Ejackson. Stifel has resumed coverage of STU with a price target of 345 pence.

Morning, further to our recent comment on broker coverage, I have found this hiding away in a long list of broker notes -

* Studio Retail Group Plc STUS.L : Stifel resumes coverage with buy rating and 345p PT

Hello, I hope you are well. Could I suggest that you stop posting for a while. You really are sounding like a radicalised member of our society. I’m sure the share price of IAG will eventually reach 250 pence but you really shouldn’t keep banging on about it because when the price drops like it did today, you look silly. It often shows a good command of the English language to say nothing.

Great post 1GW_. Thanks for your research.

Totally agree with your sentiments Ejackson. You have advocated patience but I’m at a point now where I’m not now sure what we are waiting for next now that the convertible share condition has expired and the year end trading statement has been released. Yes the final results will be published in June but we now know the basic details so what is there left to wait for. If the trading statement today couldn’t lift the share price to a new high, nothing will.

That trading statement was as positive as one could hope for and yet our early morning share price rally has again fizzled out. My concern is where does the share price go from here ? Will this be sub 250 pence in the days and weeks ahead ? Gone are the days of active broker coverage from the likes of Cantor Fitzgerald. One can only hope that we find ourselves a brave new investor with very deep pockets who is happy to invest despite the presence of Frasers.