The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Good information barchild,
I've taken the DRIP for over a decade and boasted about compound investing how clever I was. Turns out I have been the DRIP .
Such a great cash cow of a company JIM was, turns out it's a three legged donkey
Despite these challenges, Jarvis continues to trade in line with current market expectation.
The above is taken from November's 4th quarter 'zero' dividend RNS
Jarvis is still a cash cow of a share, but with no indication from the board on how much longer the investigation with take and how much more money it will cost Jarvis / shareholders I wasn't convinced they would give a dividend this time. Happy they have.
I hear you on the market cap, and valuation do look high in pound sterling for where the projects are in development. Would the market cap still look as high from an American dollar view ?.
I do know the answer. Just throwing the question out there.
A nice rise in the SP yesterday.
I'm all over the energy sector, so liking very much the three deals in the sector. But the game changer is the rental deal with B&Q customers. Going into a speedy store can be quite daunting even for us trades folk, so even harder for Joe public. But everyone is ok with B&Q and less intimidating to ask questions on what tool to hire.
Oracle hold but 12% of Thar
Https://oraclepower.co.uk/thar-block-vi/
Taken from Jarvis securities Web page.
Maintain governance structures and processes that are fit for purpose and support good decision-making by the board
The board of Jarvis and JIM comprises the same individuals. The two boards hold separate quarterly board meetings. The board of JIM maintain responsibility for the strategy, stakeholder relationships, regulation and financial reporting of JIM. The board of Jarvis are responsible for corporate governance, financial reporting and dividend policy. The key board roles covering both entities are as follows:
Chairman & Chief Executive - responsible for the strategy and for the day to day management.
Business Development Director – responsible for strategic implementation, on boarding of new regulated commercial clients, relationship management with clients and key suppliers.
Finance Director – responsible for financial reporting and analysis and CASS oversight.
Non Executive Director – responsible for reviewing strategic decisions made by executive directors and ensuring the board act in the interest of independent shareholders at all times.
In addition to the board, Jarvis maintains an audit committee and remuneration committee, the roles of which are detailed below principal 5.
At this stage the Company believes its governance structure is appropriate for its size.
Maybe a sign that the investigation has concluded !. The FD stayed in his post to help and answer the many questions ! and now it's time for him to depart.
A new FD moved from one side of the group to the other. At least he will know the business.
Thanks guys - I work the building trade and speedy is a stalwart. With a bit of money to invest in the battered construction sector, do I buy a house builder or speedy ?. Your constant knocking of speedy both here and on advfn is a classic buy signal .... for Me ....... Happy to be proved wrong, but I've seen these tactics over the decades and IMHO your paid knockers who want to put off buyers.
So I bought - Good Luck and Thanks.
Morning,
We have to trust in Samir to do what he thinks best.
New money is going into African investment, if it finds its way to Zimbabwe is another matter.
Https://www.bloomberg.com/news/articles/2023-10-04/billionaire-aliko-dangote-carlyle-co-founders-back-new-africa-focused-pe-fund?srnd=premium-uk&leadSource=uverify%20wall
Yes.
I've been trapped here since LonZim days.
If it costs xxxx to list on Aim and Samir wants to cut costs he could always move down to a less regulated market. It's not like CMB has any institutions holding their stock.
But to get ride of some of the cash held on account, Samir could easily issue a 'special dividend's and again at the next sale of assets.
We have to trust in him, so he will do what he thinks best.
Well said silverknight, we can believe Samir is doing his best under difficult Zimbabwe regulation. Again I'm guessing, but I'm thinking he added the de-listing bit at the end because he wants to be open about any possibility.
Time will tell all.
You did great, testpack,
So why haunt a past hold with negative comment ?
You don't like pps anymore, okay just move on !.
From a great trade to a troll isn't a good look imho.
Ps, with so much growth ahead for the clean energy sector, I'd be disappointed if someone took us out. I am happy that Mr Nahib holds so many a T/O is unlikely.