The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think the performance of AML since the directoriate change has been interesting, not entirely sure how a 100% increase is justified though. Think there could be a few people here left carrying babies
forensic I am comparing two legal industry businesses that have very similar financial positions and then comparing their stats, I am not performing detailed analysis but are you honestly telling me that MANO is worth double even though both companies have very similar positions? The nature of their business is not a sig factor in this method of valuation
Why would EVE be desperate to get cash flow in when they are currently in a £7m net cash position and burning £0.1m per month? Their latest trading update was positive and that has not been reflected in this current price
SLP has been covered multiple times by Simon Thompson on investors chronicle, he often identifies strong AIM buys
along with the fact that we were not informed of the original 1m share selling but they did manage to release a separate RNS in between the selling of TB 2m shares, absolute joke
this is ridiculous, surely this can not be legal? Sell 2m shares causing 20% price drop then buy 1m shares back on the dip?
Long story short, no one has any idea of these contracts. It was expected/hoped that other contracts would have been announced by now but there is nothing. Contract news is imminent but admittedly that is partly wishful thinking. Still a good company with good structure though, just needs another contract and it should fly
hi dago, this share is incredibly undervalued, it just doesnt get much coverage. No reason for the steady decline to be honest and if anything it will benefit from COVID as some aussie businesses enter into liquidation. Announced last week that litigation funders require a AFSL license and LIT is the only one in Australia to hold this license. The future definitely looks bright, if you compare this to MANO it goes to show that either LIT is severely undervalued or MANO is massively overvalued, either way two very comparable companies with a massive differene in mcap.
Simon Thompson has also written several articles on LIT over year and is one that he recommends too, would expect coverage from him soon.
Would strongly recommend this share
Jeez, I simply can not believe some of the posts in this share chat. All of you people saying you are left with worthless shares, the share price has not dropped much at all in a few weeks. If you bought shares on a whim without doing research and expecting to flip the shares the next day for 1000% profit you need to move on. You will be the same idiots that will not be shutting up when tomorrow it is up 10%. As for madeira, dufry, destitute etc please can you just leave this share chat? Fed up of your meaningless comments where you provide no actual value to the board.
do your research on the company and you will have faith, if you are there slating this share then you simply have not done your research, end of.
just out of curiosity, what makes you think today was such a strong day? seemed a modest close in comparison to +7% earlier in the day? seeing as all markets were up today and had strong closes this seems quite average? Not complaining imo but just curious about your thoughts
good news coming from the RNS, looks like it will definitely give LIT a strong competitive advantage, espically as it is currently the only litigation funder in the whole of australia with an AFSL
The SP has fallen far too much here, bargain buy right now. Im in
I feel like many people looking and commenting on this board are here either for a quick buck or shoddy attempt at a deramp. This is a long term investment, all these people saying how crap the share is have no substantiation behind it other than the fact there have been a couple of placings. So what if there have been a couple of placings, they have been a source of cash which I would much rather them choose than to take out a loan. The company is debt free, now has good cash flow and is a slow cash burning entity. Chill out, all the haters please stop slating the share, if you have no interest in it then jog on? For all the actual investors enjoy the ride for the years ahead and stop waiting for a massive contract every morning! GLA
Agree with the points made re Krunch RTO however, you can not deny that this is a great AIM shell for any other RTO. Any debt AIM shell commands a minimum level of mcap, just look at MTFB
I managed to enjoy my weekend until I saw Dufry appear late on a sunday eve, you never fail to disappoint me Dufry. The audacity to predict other companies being aim scandals when you sit on ESL, I love it
3m after the placing im guessing
because as someone else said below, they could probably get away with saying their service is compatible with those companies. So for example they could increase the audiences the customers could reach on those platforms or it could relate to the data krunch can analyse e.g. can help a company analyse its instagram followers/audience/likes etc. Trust me though, you would not find a company that has contracts with companies of that size and still only have a market cap of 1-2m or whatever it is these days lol
it clearly is market sensitive, if mobile streams announced contacts with WB, Vodafone, Twitter & Facebook then the shareprice would 100 bag lol
couldn't agree more, it does seem to be the same few that repeat these incorrect forecasts, but because IMO DYOR is at the end of the forecasts it must be accurate
dufry I would love to value your input but I am struggling to take you seriously when you are here trying to slate many people for no clear reason. I have seen you in DKE chat and you said yourself you have literally just taken a punt on DKE with hardly any research available hahaha. I am not even going to comment on the fact that you are involved with the wonderful debt mountain of ESL. It is almost comical, you are giving destitute some good competition though so fair play!