Member Info for unhooked

Buyback programme concluded yesterday, ironically enough. Everything to do with EKF is topsy-turvy including the effect of the buyback it seems.

A financial restructuring in the offing over there, due to poor trading. Does Boohoo still own a share of this company? Will Boohoo be called upon to support REVB with the huge cash pile that Boohoo doesn't have?

No, but it's the same disappointing pattern we're so used to in this market.

Down another 4% this morning. Rapidly discounting yesterday's good news from the asset sale. It was 56p yesterday morning, now 47p. Ouch. There must be a load of 'stale bulls' escaping VLG.

Buyback support? I hadn't noticed any!

Anyway, the buyback programme has now completed, as you say SB, and with No discernible effect whatsoever on the sp. EKF sticks out as almost the only beaten-up small cap in my portfolio that has NOT rallied.

Buyback shares and the share price drops 7%, even on a day when seemingly everything else is rising.

Mad old EKF doing what it does best - disappointing us!

But it hasn't. Disappointed to see the sp drop 10% from this morning's highs. Should've known. This is a mercurial share! Anyway, mustn't complain...

We are cloned twins! Also in RWS, but the problem for me is I've been chasing that one down for years. However, bought a lot in the low 60's and low 70's recently, so there's hope. Anyway, mustn't get carried away, I could list the companies I've bought where I've suffered what they euphemistically call "a permanent loss of capital". There have been a few. Memo to self: loads of risk still out there, don't forget to bank profits!

Ha, I'm in ITM too! Series of contract wins over there, which the market can no longer ignore. Great guns over at VLG too, as they complete a profitable asset sale. Also in OCDO, another unprofitable but well-funded stock where sentiment is at rock-bottom and shorters abound. Risky (obvs), but I'm expecting a leg-up sometime. It's all about when one bought these stocks. Stocks purchased in recent weeks/months have moved into profit for me but I've been buying all the way down over the past 3 years, so in many cases I'm miles away from breaking even on stocks bought a year or two ago. Still, I've learnt a lot over this period, I'm sure you have too Ftsefan.

What a weird gold miner CMCL is - stonking results and the sp doesn't move at all.

Yes, I'm in WJG. I have an affliction for beaten-down, cheap stocks, I'm afraid, which has not served me well over the past 3 years.... but maybe, just maybe, times are changing.

Nothing wrong with reminding us all what those bull points were... lest we forget!

I'm in a green infrastructure trust actually and am suffering the same discount problem arising from high interest rates that you mention. As for BBH, they have indeed achieved a tight discount, but only at huge cost to the future viability of the trust - they offer an unlimited annual redemption facility (at close to NAV) which has shrunk the trust's size massively in recent years. They tried to change the policy to a more sensible one last year, but that got rejected at the AGM, failing to get 75%. They are in big trouble - the trust is dying - and the biggest problem, as you've noticed, is the poor NAV performance. If they could reverse the NAV underperformance, most of their problems would melt away and they'd probably get the 75% required in another vote. Anyway, an interesting situation. I use BBH as a bit of a bell-weather when checking my direct biotech shares like RENX. Tough all around!

Yes, I've noticed a step up in UK small cap share performance over the past 2-3 weeks. Maybe we do have something to thank Trump for! Dangerous to say it - been wrong many times - but I'm calling the bottom for UK small caps.

Wow, this share has a perky little motor underneath it... what fun!

Surprised there are no other posters joining me in a round of mutual back-slapping :)

I don't think there's much difference really. Ok, shares held in treasury can be (sneakily) re-issued to satisfy stock options and things, whereas once cancelled an authority would be required to issue. But the main thing is that in both cases those shares no longer confer ownership rights meaning the remaining shares (our shares) own incrementally more of the company. Am I wrong?

Take yr point SB, but it's negative news on top of negative news , which just adds to the general gloom around the sector and sinks all boats.

I hold quite a few shares in BBH, a biotech investment trust. What a poor investment that has been over 3 years! Just goes to show, the fact that the stockpickers are supposed to be expert pro's who know their industry hasn't helped a jot. Still, they're making a good living out of it and no doubt the Trump factor will serve as a ready-made excuse for underperformance.

£167,400 worth sold, per an RNS released after close today.

Unhelpful.

And took advantage by selling one third. Never turn your nose up at a banked profit, I say, and certainly not a 60% profit in 6 weeks. Febrile markets turn you into a trader!

But market no likey dem Final Results?

Problem is, credibility, once lost, is rather hard to win back. Just ask the political establishment.

Well received. Cashed up, buybacks to continue. I'm hanging in, I can see the light!