Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Sorry,i misread the RNS. 620p it is
Im happy with 775p. It seems fair. We did our last placing at 750p,so it gives them the chance to get out ahead, So i expect the deal to go through. I wont be selling anymore at these levels,i will wait until the end. Over the years,ive had a few buyouts and i have tended to sell on the offer. On average it would have been better to let it run out.
Kick/this is the second time ive been in CVSG. I bought it at £14 about 3 years ago and sold it for £19 not long after. I only sold it as i wanted the money for something else ,i always regretted selling it ,especially seeing it go to £26. Its quality ,great management and with all the "right people" holding it. As for the CMA. CVSG work off low margins. I think the drop is overdone ,anyway good luck with it.
Win/you wont go far wrong with GSK,its my biggest holding. I know people who work at the HQ in Brentford about 4 miles from where i live (although they will be moving soon to Earnshaw st ,near Oxford St). When to buy is always tricky ,at 1650p i make it 20% undervalued,with a PE of 11 and a divi of about 4%. People are living longer using more drugs and you can bet your life there will be another epidemic sooner or later. I normally buy at £13 and trim at £19 but we might not see £13 again. If it was me ,i would put 50% in,then add when it goes lower.
I top sliced yesterday(10%) at 509p. Originally i only wanted 50K shares in this but with the volitivity of the SP,i ended up with 160K,so i was well overweight. So i needed to trim. I put the dosh in CVSG.
They sold on Friday ,so it looks like the market has already digested the trade
Have top sliced from 5.2% to 4.8%
Win/yeah,crazy days. Tremor was my best win ever in 45yrs of doing this. Yes,i remember "sharenicely",he was a nice guy,he tried to convince me to stay in Tremor. He sent me a video of a song "let it ride". Unfortunately he stayed and is probably well down or lost money. "The art of the execution" is one of the books i reread every few months.
Win/i will top slice on the way up ,although i wouldnt be selling anything of this now. Hopefully we can do the same to this, what we did to Tremor. We sold completely out of Tremor, im inclined to keep a lump of this long term.
Lending/investing for me is all about risk and reward. You have to be able to sleep at night ,so we all have levels of risk. As im old i should be more diversified but i just cant do it, although i do hold 25% cash. Difference strokes for different folks!
Win/ to create wealth you need a concentrated portfolio of no more then 5 stocks(i only have 4, LSEG,GSK,DT and i have just bought into CVSG) . A diversified portfolio protects your wealth. In many ways we have the advantage over the institutions but the one area we dont is with research ,they will have a team of analysts and they get to meet the management. I tend to follow people/institutions into stocks ,especially if they have been adding. Like im in this because of ML Im a big fan of Mark Slater(Slater Growth) thats why i started a position in CVSG. Of course i do some research and i have to understand the business.
I know ML and his supporters on the board want to keep DT in the UK. Paying UK taxes and helping all of us. KKR and their supporters want it taken to the US. I would love to see this stay in the UK and be a world leader in cyber security
Ivy/young,thanks,i didnt spot that. i wondered why the SP went up this morning. Im getting sloppy in my old age
A load,after hours.
Shear/,they have already made their mind up ,whatever that may be. As for internal meetings and procrastinations, they are probably taking their dog for a walk in the park. As they all work(dont make me laugh) from home.
Shear/yeah,take 2 months and leave companies in limbo. It should be 2 days maximum.
Win/remember the the "Hitler Diaries" in the Times. The worse one is the Financial Times. I have very little faith in our media. Whatever the outcome of the court case will be good for DT because it will take away the uncertainty. I have forgotten the amount Invoke put into DT(i think it was 20%) at the start up ,so i cant see any comebacks on DT
Monk/ive been buying this daily ,today i paid 933p. I have my position now ,so i shall wait for the report. This isnt being shorted ,so theres no selling pressure .None of the big institutions have been selling The world and his dog knows this is dirt cheap. So its all now down to the report.
Brillo/ whats with the negative vibes? Im also holding DARK,they will be in there and will have it sorted, in no time. It looks like the SP is going nowhere until the report comes out on Thursday.
Lending/Jesse famous quote was "the trend is your friend". Your right he was was a "trader". He gained and lost a fortune a few times and came to a sad end after he lost everything. All these young ones on this site who think they can time the market should take note. I have never used TA. When Buffett started out,he used TA . Meeting Ben Graham changed his strategy. Sure Mr Market gets it wrong but it corrects allowing us to make a few bob.