The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
really got much of a clue what today's RNS is about , but it appears that Invesco have reduced their holding from + 26% to +25 % of voting rights. Other than that about as clear as mud.
Given Investco's history with numerous name changes and the payment of fines to the " authorities " they should be in their element in supremely well regulated honest and upright London market after all they have the FCA to worry about.
Agreed , there is nothing mystical about 300p .
The difference between 299 & 300 is not worth worrying about, but 400p where this share should be is well worthwhile hanging on for . If it takes two years whilst paying a strong div on the way who cares ?
ATB
Don't worry about it .
This has had a decent rise over the last few months so probably just bit of extra profit taking , the LT trend is still up as it should be for a stable well run company on a silly rating paying an almighty div.
When Brexit is sorted out ( if ever ! ) we should get a re- rating.
ATB
all the retail woes these are very credible results . Ignoring the interim & special divs just the final div amounts to a yield of approx 3.5 % .
Trading is sometimes a bit thin so shares can be hard to get , my shares will certainly not be offered to the market .
by the fall from recent highs the market was expecting a flat update .
Taking the div into consideration this now deserves a re-rate to new highs , don't suppose it will though with the negative projections for world trade.
I certainly should have added on the earlier lows.
Fred very succinct post.
I had written off my holding here a long time back and they most certainly will not be screwing me for more cash
ATB
a begging letter from the chairman in the post, imploring me to support the deleveraging plan.
What a neck ! If the directors who are recommending it are not going to take up their allocation how can they expect the rest of us to cough up ?
Good money chasing more losses .
On a quick glimpse the results look excellent.
Most importantly a div increase. Looking ahead the macro environment does not look very promising , but the company have shown that they can handle change and the business model is moving to accommodate change.
Deserves a re rating , having a strong balance sheet and div which at worst should be sustainable.
I don't suppose there will be a sudden rush to buy but I will be adding on any dips.
I was interested in taking up the open offer shares until I noted that the directors who are recommending it will not be taking up their entitlement . Unbelievable.
If the Coltrane deal gets rid of the directors ( without recompense ) it would be a huge step forward.
Be nice if that was the case..
The " regulations" are a farce pitched deliberately weak and open to interpretation . More shenanigans go on in the London market than just about anywhere in the world , that is one reason why it is so popular for new listings.
Just compare the financial kicking meted out to Musk by the US authorities for a dicey social media comment , with the interview in Parliament meted out to directors and auditors of Carilan having issued totally fictional statutory " regulated " results by the " british authorities "
What a joke.
ATB
The reason is manipulation pure and simple .
Yesterdays close was 191 so why in the absence of an RNS or any other input did this open 3% down @ 185 ?
Because the MM's are looking to trip stop losses and sweep up some cheap shares . With it's limited trading volume they can allow this share to trade anywhere between 170 - 200 .
This is probably one of the most manipulated shares on the market.
Yep today's fall seems overdone . I still hold here, not too bothered with the sp because the total div / yield is approx 6 % and it is likely to be maintained .
A lot of negativity around at the moment with trumps myopic trade disputes / government shutdown / Brexit concerns / some director selling ,so I will hang on before adding , we could yet see another market downturn and the mm' s will mark this down with glee in a thin market.
GLA
Entirely up to yourselves whether to sell of course.
My outlook here is that the yield including spec divs is +10 %.. Smarmy carney I can guarantee despite his bluster will not be raising rates any time in the near or medium term , so the yield is very attractive..
The company now have sufficient stores to stop the roll out ( except perhaps overseas ) and rationalize the structure while maintaining / stabilizing income . So this IMO is a solid hold / buy. Just as an aside have a look at the chart taking note of the very erratic/ occasional huge daily volume and it is pretty obvious that the sp has been manoeuvred in both directions
GLA
ASOS had a high of +7000 this year so it must have had a PE of + 75 whilst barely making a profit and paying no div
( figures very approx ) .. It is still on a rating of 26.8 even after the fall
Whilst this company in the same sector is on a PE rating of 9.7 making a good profit and paying a strong div.
It's a mad mad world . Admitted that growth is factored into the rating , but I know where I would rather park my hard earned .
ATB
Welcome , I have held here for years . should hopefully stabilize around here .
If you want another good entry point check out my two posts today on CARD
ATB
Without checking out the whole of the index difficult to know .
If it does it will have a minimal impact . I will be holding here for the div even if it is cut 50 % it will still be pretty strong .
The short positions are being cut , now down to 1.4 % so the shorters are getting wary.
ATB
So the retails travails now extend to online and ASOS issues a profit warning while plunging 40 %
The hard pressed " consumer " must be really cutting back , about time too, there is no need to change your wardrobe contents every couple of months.
Seems to me that CARD has been unfairly caught up in the sector plunge . The hard pressed " consumer " will not cut back on the socially ingrained requirement to send cards ,but he / she will feel obliged to seek out value by purchasing at CARD.
Want proof of this ? Check out your local shop .
purchase today which is encouraging . Lets hope the new management can stay more focused.
Also encouraging is the potential for a general election and new referendum which should add very nicely to the revenue stream.
Yep just caught up in " events " in a weak market . The weaker £ will impact margins , but they probably have hedging in place so who knows ?
Yes fair update , the SP does not really concern me" investors " are apparently ignoring the fact that this is a profit making company paying what could be at least a 5% sustainable yield .
Hard to find elsewhere. Good luck all..
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