Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
More good news. Director buys in the open market. Regardless of scientific application and commercialisation ( which will come) as no one is in business to fail!
Another beautiful read. Now will the market re-rate for HUGE growth potential?
"We are delighted to have achieved this outcome two years ahead of our original timeline. The lithium-ion silicon sulfur battery programme provides the path to enabling a safe, high-energy density and lower cost battery, which is more effective than the best lithium-ion batteries currently available and a very exciting opportunity for Gelion."
I don't think its right either? but that's a direct filter from the FCA .xls historic data showing shorts with no closing position of 0.0% .
The Current data shows 0% open shorts .
I asked for my table of shorts post to be removed earlier today because it is "in my opinion" misleading.
Current open short data from FCA
https://www.fca.org.uk/markets/short-selling/notification-disclosure-net-short-positions
Position Holder Net Short Position (%)
JPMorgan Asset Management (UK) Ltd 0.46
Marshall Wace LLP 0.49
Connor, Clark & Lunn Investment Management Ltd 0.49
Citadel Advisors LLC 0.47
Quantum Support Services (Ireland) Limited 0.48
Squarepoint Ops LLC 0.44
ODEY ASSET MANAGEMENT LLP 0.34
GSA Capital Partners LLP 0.49
WorldQuant LLC 0.47
Systematica Investments Limited 0.48
Coltrane Asset Management, L.P. 0.30
BlackRock Investment Management (UK) Limited 0.48
Jupiter Investment Management Limited 0.40
TT International 0.31
BlackRock Institutional Trust Company, National Association 0.25
BennBridge Ltd 0.07
Ennismore Fund Management Limited 0.25
Janus Henderson Investors UK Limited 0.42
Capital Fund Management SA 0.48
Altair Investment Management Limited 0.26
Total 7.83%
Some of these date back to 2016 and are shown as still open with no closing position declared?
A low volume share and very easy to manipulate, the shorter may have made 15% on approx. a 1million quid in a week. These people betting with investors money so personal risk is zero, trading against these pros with your own money is playing a risky game.
This week antics further demonstrate that there is a lot "A LOT" of chat between finance houses and officials that possibly could lead to relative advantage. Let see what reports emerge over the next few days.
An example being Mr X at ONS or OBR or whatever chatting to Mr Y from riskybets.com in the Dorchester at a boozy business bravado bash.. " BTW we are going to allude to the green shoots of recovery on Dec 2nd so if you have risk you have until then to remove it". Almost impossible to regulate out or prove, but we all know it happens. How do you think Multi million divi's are available from Hedging, Skill? or opportunity and the helpful tip of a wink??
Buy good business, buy value, and Stay long
Slight increase in short positions by Millennium international Management
https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions
Seems a bit contrary to be shorting a leisure and retail share when we are full doom. Unless of course they know more about the shape of world events to come, and we are not at full Doom _ hard to believe they can spin the national psyche down any more?
Possibly this:
https://www.theguardian.com/business/2022/nov/30/uk-food-price-inflation-hits-new-high-of-124
My apologies, I've posted from the guardian because its free. I wouldn't normally read this wet rag. Although there's very little difference in Westminster politics these days!
Volumes are pretty low so probably bot manipulation to satisfy trade positions.
Got to remember QUEUES, MARKET, LONG GAME.
Blinking heck! more likely they were borrowed for a short!
If I read this correctly a Hong Kong activist Hedge fund has just acquired 5% or 38mil shares of RTN. Should we be concerned, could this be that start of hostile take overs? Normally big institution buys get a bit more positive Press...
I'm happy to HOLD and will very possibly top up if the portfolio allows!
This shows the BOD have a good idea that the business is worth a fair chunk more than the (whatever it was) Pmanure offer. Sectors don't stay out of favour forever and the key is to get in before the tide turns. You might sit on a small loss for a while but when the money cycle shifts you get a far better result.
Phew .. the great escape! Now let’s add some value ????
You may be a nominee and have no benefit rights . Depending on the account at Trading212 you may not even own the share in a nominee account, you may be betting long on movements using CFDs
if you intend investing long term I'd transfer your business to decent broker who charges a very small commission and holds your shares in CREST.
That RNS slipped in late . Bodes well for the future
"The Formal Sale Process announced by the Company on 2 November 2022 is progressing, with multiple expressions of interest received from credible counterparties. The Company will provide further updates in due course."
Possibly paywalled ?
https://www.sharesmagazine.co.uk/magazine/2022-11-10-Shares
Lets see what the next update brings. In the meantime we can feast on this Journos incredible insight, comparing cheap meat heaven MacDonald's to a largely Veg / Vegan Health conscious high end dine in? I often question myself why I despise journos so much... and then an article like this comes along.
https://www.sharesmagazine.co.uk/magazine/apiDownload/2022-11-17-Shares/844837f9f84179153cfb70d45c4b1f31?edition=ajbyie
"Frankie and Benny’s and Wagamama owner Restaurant Group has seen its shares jump 14% over the last month although year-to-date they have lost around two thirds of their value. Restaurant Group has done a good job of mitigating increased costs, having hedged its utility costs out to fiscal 2024. In addition, the firm has reduced interest rate exposure by arranging a cap on £125 million of gross debt from November 2022.
Despite the business showing resilience with like-for-like sales growth ahead of the market, the pressure on households’ budgets and consumer spending is likely to intensify. That raises the risk that families will switch from a trip to Restaurant Group’s outlets to a cheaper experience like McDonald’s (MCD:NYSE).
Shares believes it would be wise to avoid the shares given heightened risks of a consumer slowdown and persistent downward earnings revisions. Over the last year analysts have reduced their earnings forecasts for 2022 and 2023 by 20% and 50% respectively"
DYOR GLA
Sit on hands time!
Sorry I stand corrected 357Mil to buy Waga. Near enough 400Mil Tho
"The Restaurant Group plc ("TRG"), is pleased to announce that it has conditionally agreed to purchase the entire issued share capital of Mabel Topco Limited ("Wagamama"), the holding company of a group that owns and operates the Wagamama restaurant business (the "Acquisition") for a cash payment of £357 million"
The jewel in the crown was bought for 400M, current RTN Mk cap is 250M. so taking into account the increased revenue from Waga, and the protected state of the company balance sheet any bid ITRO 0.5B (70p) would be at the bottom end. Although massively below what i expected these shares to achieve i'd have to consider accepting it.
Tightly held . Not even 0.15% of shares traded on 765m in issue . Massive swings to stimulate trades . Don’t fall for it - Long game