The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
OHSEE, Thanks. I only mention this as on the coy website it says that in their 'food to go' range that they make Sushi, I wondered if it is any good. M&S for instance have just this week started selling sushi and very tasty it is too, perhaps it is supplied by Greencore.
I think that this one is going to work, accordingly I am intending to pretty much forget about them until 2022 and then be looking for equivalent of £100 per share at today's value.
redchilly Now we are at 790 please what are your charts telling you? Thanks.
The statement is an interesting read. It says that the market for rare collectibles and fine art remains buoyant. This is only true if you have the right goods at the right price. A serious matter is that now with the suspension the investment buy-back policy (they underwrote investment purchases) is the purchase of very rare stamps still any sort of an attractive alternative investment proposition? They indicate that the business is going to be re-positioned so as to further embrace traditional stamp collectors, this is a sensible thing to do. Perhaps at the same time they may care to make the experience of visiting their shop and having to communicate with their counter staff slightly less unpleasant. If SG really is interested in rebuilding their traditional collector base then the 'front of house" has to be got right, this to the extent that it starts to become an actual pleasure to go there and buy or even ask about something.
Arbitrage, As you observe - Who knows. In an attempt to get more up to speed on potash I have reading the Altius Minerals website. Altius Minerals is a Canadian royalty business and from amongst its various holdings it derives a very healthy income from a measurable percentage of the world's potash production. There is an interesting comment where it mentions 'high barriers to entry in the industry and the concentrated reserves'. Might be worth a read.
Hi mannan, Good to know that you are still around, do hope that you are more than keeping your head above water. All the best, SD.
What a great little long term bear stock this as been. According to one chart it hit 91p during 2003 and today is on the floor with a proposal to remove the listing altogether. As aim999 says, it would seem that Haystacks was correct all along, he was able to foresee that 3D TV viewed through glasses was not going to be a global 'must-have'. He banged on and on about this despite people endlessly pouring opprobrium on him in the vain attempt to get him to shut up. Haystacks rose above these personal attacks and responded by becoming even more vociferous, in so doing he almost appeared to have entered the realm of Howard Beale. About thirty years ago there was a 3D camera company called Nimslo, that didn't work out and it took large amounts of institutional and private investors money with it, including a lot of mine. Perhaps there is a lesson in this. If anyone starts up another 3D company particularly one where you have to look at the images through spectacles, just pick a good moment and start shorting the stock. Thanks Haystacks, some time ago I took your advice and got out DDD with a decent profit - I really do owe you a drink.
This morning there was an email allegedly from BidStart offering me all sorts of items at a so called large discount. The email claimed that BidStart was going to close down and that an announcement to this effect would soon be made. Please does anyone know about this and is it true? Perhaps someone has hacked into the BidStart site, got my details and is now 'phishing'. All a little worrying.
Perhaps Thehierachy will once again be kind and run his slide-rule over today's results. Thanks.
lacroix, Can only agree with you. Many congratulations to all at CNC. This one has been sitting in my bottom drawer for about five years waiting for it to mature, rather like a good wine. As to buying more, maybe this is right, however it is rather a question of timing since sometimes they tend to drift a bit after their announcements. Along with the dividend rise the interesting thing is that they appear to have a good order book with new products in mind. It is such a pleasure to be invested in a well managed successful business, long may it continue to prosper.
shareaction, Please do you know if the subscription rights have votes? Thanks.
If they are doing a deal at about 10p why is the present share price more than double?
So the next question is: Will a bidder emerge and at what price? Within its market, and perhaps beyond, Stanley Gibbons is a brand, even the name alone has value. There are many extremely rich people interested in stamps, a purchase with a view of to turning the business around would be a relatively easy matter, it needs properly restructuring and the cash to do it.
Let's hope that they spin out the supermarket business and not sell it. If they sell it the money will just go to the company, if we the existing shareholders get it then it will be some sort of safeguard whilst they attempt to develop the new business.
All those guys who have recently buying at around 77p must be feeling a little sick as we dip to 69.50p this morning.
gradually creeping up against the overall market.
'....next target at 87. Please what has changed that will get this share to 87p? The fact that it was 240p six months ago means nothing - that was then and this is now.