Member Info for TheThinker

Good observation zanmantate. I'm just so nervous (perhaps needlessly) about this situation of NAV far outweighing the SP. It seems too good to be true which means it possibly is (note I say possibly not probably). Nice to see the SP rise in recent days and I hope it doesn't stall or drift backwards again. I'm just super cautious (and a bit sceptical) when something seems this good as in life there is seldom a free lunch. It seems a bit too easy to have invested in something with such apparent potential (+20 and +30 is being talked about) which has daily trades in single figures. Have I really stumbled upon the Holy Grail? We'll see..

The wife of a mining investment company sent him down to the precinct to get some cash out of the ATM. The whole family and kids were due to go out that evening and they needed some cash to use at the bar and to pay for thier meal. In addition, the next day his wife was due to buy some shoes for the kids and pay some essential bills.

After getting to the ATM and typing in his PIN the CEO found that he had significantly more cash in the account than the previous month. In fact the cash in the account far exceeded his expectation and the value had grown dramatically over the past years. "Wow!", he thought to himself, "my wife and kids will be sooo happy when I tell them that our net asset value has vastly increased over the past years."

With that he got back into his car and drove home to tell them the good news. Upon hearing the news his family was mightily impressed and thought him a very wise and learned man. However, upon hearing that the cash was still in the account and they were going to have to cancel thier family meal that evening as well as the shopping trip the next day, the ever growing value was a little less well taken.

PRC have thrown UK some crumbs and Rachel from accounts is lauding it like we won the lottery. Doesn't she realise that getting further into bed with the PRC is likely to alienate us further from the incoming US administration, who might well have awarded us billions in strategic contracts, all she had to do was wait a while...Good news for LGEN regarding bond yields. Averaged down my son's ISA on the back of this and one of the best dividends around too. BUY IMHO.

Another rung of the escape ladder climbed...

20 would be very nice but would require a monumental change in liquidity and investor interest to get there. When this will happen, who knows? Consult a mammoth as to when the next ice age is coming...

At this level and oil and gas set to go up in 2025 buying in was a no brainer. I also hold the ETC CRUD. Light winds over the UK and low sun means the UK has to use gas to generate power. I don't think this government realises that the renewables it's pushing (and costing us all billions) don't work when the sun is low and the wind don't blow!

Thankyou @nomlungu. This prompted me to revisit the fundamentals tab here on LSE. MAFL has a huge operating margin of over 10000% and a very low PE ratio of around 2%. NAV has grown steadily. So as Guvvi aludes one of the triggers for interest in MAFL would be for it to invest in dividend yielding shares. Yes, great idea. But I would have expected MAFL to have done this already as most of us do in our portfolios to have a diversified portfolio giving some growth and some yield. I'm in now and have been for some time but running a loss waiting for the sun to shine but would love to know what the trigger is and when that would be. We are entering a phase when commodities are going to rise within thier supercycle. Maybe that's it. Maybe NAV grows to the point where it becomes a bargain saleable company and gets merged into a larger investment trust, whereupon we get an offer to buy our shares. Dunno...I think I'm going to have to strike up a conversation with JV to get a feel for his way of thinking on this. The problem is I've held stocks before which promised so much but ended up to be hollow. I really want MAFL to be successful but the hows and whens totally elude me. But thanks for everyone's input which, believe me, is very much appreciated.

So if the NAV started to convert to cash and presumably debt is low then would that be enough to make buyers more interested. I get the feeling the a lot of PIs have been trapped here (I feel a bit like that) and IIs see the lack of liquidity and yield as a stopper to investing large sums too. Is this a fair summary?

Thankyou @Guvvi.

Paper value is just that, 'paper'. It's good old pounds and pennies that pay the bills. I would love to know what conditions would prompt some monetisation of the incredibly imbalanced NAV into sp or dividend. Serious question from me and not poking fun (for once). Does anyone know? Should I drop JV a line? Not desperate for the cash but I'm planning a Bond Street visit before Chrimbo and want to know if I can put some proceeds to a purchase.

I class MAFL in the 'Jam Tomorrow' category. I've been holding this for years and years and seen the NAV rise and rise but hardly any appreciable ROI. TBH you're better putting the money in the Building Society. Avoid unless you're a mm and can frig the spread to your advantage. I do wonder what timescales JV is working on. It's like watching a glacier move. I calculated that I'll be 432 years old before I see a ROI. Message to JV. SP and NAV need to track somewhat together and a Dividend would be nice. Come on pal you've got to realise this and start walking the walk...

Yep!

Nice one Greggs! I bought 4k worth @29.79 (Jan 2022) because I was convinced that the share was undervalued (at that time). Then it went a bit downhill but I still had confidence so I bought another 4k @ 27.07 (Feb 2023). Even though the share price dropped further I was unwilling to risk any more so stuck at 8k. As of today I'm about 8% up and very happy with my ROI. Furthermore I think that GRG has set a good foundation for future growth. Only possible cloud I can see is the price of flour if Corn becomes expensive if crops fail (Ref what happened to Cocoa which has massively affected chocolate prices, note coffee is experiencing similar pressures). This will either mean prices in the outlets go up or GRG absorb the costs. So then either consumers will think that the offer is too expensive (Ref Starbucks or MacDs) or GRG will take a profit margin hit if they absorb the extra raw material cost. So I'm a watchful HOLD right now. Good Luck everyone. DYOR TT

I can't belive the drop in YOU. It was one of my goldies a few months back. It might come back but having lost on Asos I won't be holding much longer at these levels.

Yes I am VERY cautious about putting any money into the LSE at the moment and look to US where there are some bargains to be had. Good name companies who are down on thier luck. Plus trading/investing in US means I can watch on an evening. I turned to commodity ETFs and made a decent return on Natural Gas under the ETF NGAS. You are right big money is leaving LSE. I subscribe to IC and it used to have some good tips and paid for itself (and some) but now I don't trust a thing it says as regards UK stocks, especially small caps.

Yeah, interesting that...

I agree with you Tom. There are going to be polls and surveys pinging off like crazy over the next few weeks and then the post-election polls to ask people why they voted the way they did, what do they think of the result, etc.

I've held this through ups and downs for this next few weeks.

I've always had £12 target in my mind since I bought in.

Good Luck everyone.

I also believe that eventually humans will have a permanent base on Mars.

Nice to see a small rise this morning on single trade. Always a unexpected surprise with MAFL. A rediculous spread and no other volume puts me off investing any more to average down. Let's hope MAFL can keep it going. Less than 10% down now and watching every tiny increment like a hawk until I can escape..

Nice little rise again for BARC today. BARC has boosted my SIPP quite a bit lately and certainly much more than I was getting with my pot being managed by the so called 'professionals'. Nicely over the 200p threshold now and looking forward to it reaching the next level soon. TT

So if I'm correct that should mean more access for trading and be a good thing for the share price. Am I interpreting this RNS correctly? TT

6 years is a long tenure for a media company CEO. Imagine how media has moved on in 6 years. Clearly whatever the business model isn't working. We don't need any more depressing UK based murder mysteries BTW, Yawn! I do think it's time for a reshuffle and then maybe the sp will start to improve. Making Ant and Dec joint CEOs would win my vote, those cheeky Geordie lads can't be any worse than this incumbant lot. Still ITV is better than the BBC whic IMHO ought to be disbanded and save us all the licence fee.