The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
After having more than four hours to think about it is that the best negative comment you could come up with Whizzer.
Well I have fallen in love with this stock for the simple reason that I think that it is one of the best opportunities on the market at the moment and that the share price will be multiples of where it is in the not too distant future.
It has served me well in the past to follow my beliefs and I had another small top up today to add to the millions.
It is telling that Anglo American’s chief executive Mark Cutifani recently stated that the m8ning group will take a measured line on investments, despite recent hype over new commodity supercycles.
As well he might. One of the abiding memories of the last period of record prices was the profligacy of executives from some of the world’s largest resource companies.
Cutifani is clearly not interested in going down that road, even though demand prospects for Anglo’s copper, platinum and diamonds are wholly encouraging. So it is doubtful that we will see a repeat of the imprudent kind of deal making and one-upmanship which sapped strength from the miners’ balance sheets, thereby imperilling their ab8kity to return capital to shareholders.
Yet with all the talk over the coming supercycles, now might be a good time to offload some of your resourc3 holdings. Two of Anglo’s insiders Didier Charreton and Bruce Cleaver, the latter the chief executive of the De Beers subsidiary, did just that, collectively hiving off around £3.3m worth of shares following publication of the mining heavyweight’s full-year figures for 2020. With a potential sizeable increase in production volumes over the next three to five years, we think Anglo is well positioned as anyone to exploit positive pricing trents.
A couple of snippets from the Director deals article, thought it might be of interest to some people.
Thanks Pharmagiles very interesting.
It looks to me as if there could still be a decent amount of revenue to come from the contract though obviously much less than expected.
Let’s hope that Roche give them some other business to help compensate.
Will we see a Proactive investors interview or are they reserved for good news.
27% for me, wish I hadn’t bothered
Hi Brad, suggest that you compare your trades with those going through the market around the same time.
I might be wrong and it was a couple of years ago but at the time it created a strong enough impression for me to close my accounts.
On another topic does anyone know offhand if Tlou shares qualify for inheritance tax exemption if held for more than two years, I have emailed the company but no reply yet.
Brad,
I closed my accounts with IG, I started comparing the prices with another broker and reckoned that I was paying slightly more when I bought and getting slightly less when I sold.
I might be wrong but it happened often enough for me to change.
Hi Appi,
Afraid there will be no more golf for me, shame since it was a big part of my life.
I am very happy with my position and the outlook here, glad I loaded up with the excess share and attached options.
I expect great news and a relate of the share price over the next year.
As Randy Bachman sang. You Ain’t Seen Nothing Yet.
Brad
The longest ever golf shot was about 42 miles.
The Ryder Cup team were flying from Europe to the U S and Jose Marie Olazabal hit a put down the aisle on Concorde from the time the ball was hit till it stopped rolling it travelled 42 miles.
Great to see the recent price action here.
Apologies Brad, clearly a memory lapse, here is another dog story for you.
Many years ago I worked for British Airways and on a training course the instructor told this story.
Lord X was flying from London to Capetown and had his prize Labrador gun dog in a sky kenn3l in the hold. This was in the days before jumbo jets and aircraft had to stop to refuel on the way down. The plane landed in Cairo and when the hold was opened the dog jumped out and took off. The Egyptians caught and old mongrel in the street and stuck it in the Skykennel, when the plane got to Capetown the Lord was not amused.
Brad, you could get the Korean cookery book.
Fifty ways to WOK your Dog.
Barclays smart investor, no problems last few years and minimal charges.
Well I am happy to be overwhelmed after the long wait.
Things falling in to place and looking good.
A lot of people were happy with a huge profit.
Excellent presentation, all sounds very healthy going forward.
Will be available to view on Shares website in about a week.
How can anyone sit in a field day and night watching a road.
Probably trying to get the Nobel Prize.
They give it to people who are out standing in their field.
Yes I remember it well, a great day, that was when we knew that we had backed a winner.
I was looking at the photos yesterday.
Good luck to those who are still invested, I have a feeling that there might just be some good news on the horizon.
Do you really think that Tlou would be bothered about Carbon Neutrality if they did not believe that the finance would be sorted towards the end of the first quarter as stated in the quarterly report just over two weeks ago.
I am still confident that this will be a great year for Tlou.
Whizzed, you think that Tlou are slow, you should be in SPPC, looks like I may get some kind of result after many years.
Hi Brocal,
I have a similar story, about 20 years ago I bought 25,000 shares in a company for around 7.5p and sold them a week later for around 10.5p, making a profit of around £800.
The shares over the next few years went to £75 and I missed out on a life changing opportunity, even if I had kept the profit it would have been huge.
The company, ASOS ASC, still listed and took over Topshop etc today.
Good luck to all with UJO, I have had a #mall punt.