Member Info for unhooked

Posters who refer to broker ratings, and especially changes in the ratings, should please provide a link.

I think it is sniffing around. It'll give him a better understanding of the constituent parts of a company that, value-wise, is already 'on the cheap'. Sounds like Ashley to me.

...Ahem, tested and broke through last week's low...

I am surprised that the sp is close to testing last week's low. Is there an element of those apparently bullish broker's forecasts playing catch-up and being subject to revision?

Exactly 404x. Posters are perfectly aware that this is a partnership and not a stake-building exercise. Boots and Nestle - the examples given - are different animals to Mike Ashley's Frasers. I personally get nervous when he starts sniffing around any subject company that I'm involved with...unless, as said, I'm a shareholders of Frasers - they do fine!

People are entitled to have a bullish opinion of this news, but I'll be more circumspect and the market seems to agree.

For me, that was one of the more balanced and reasoned Motley articles. He certainly doesn't dismiss the possibility of a recovery, but simply highlights the various risks. Newbies may hesitate, but underwater LTHs like myself may wish to hang on here. That's how I read it and I agree.

"The market's reaction to this morning's RNS shows everything that is wrong with the London market currently".

Or it shows everything that is wrong with THG currently.

My own view is that more often than not Fraser's involvement doesn't end well... except for shareholders of Frasers Group. Therefore, market distinctly underwhelmed.

More like to 20p after this morning's trading update. The only good thing is I didn't punt too much in this miserable stock.

At around the 40 minute mark, Argentex is discussed.

https://www.trustintelligence.co.uk/investor/articles/small-caps-a-lost-decade-retail-may-2024?session_id=14080#session-14080

Bottom line, Richard Staveley would be up for supporting a merger/acquisition whereby Argentex's customers were plugged into another company's superior platform (Alpha and Equals were mentioned).

Sorry, repeat of plumbs lol

Such a big drop for such a large and highly rated company. Doesn't happen everyday.

MMs somewhat caught with their pants down - pricing all over the place...

...looks like a ski-slope... a steep one, heading downwards unfortunately.

No reason I can discern, just random volatility?

I agree, that comment didn't age well, I make it almost 11.5% yield now... lol

Provided that divi is secure, it really isn't hard to be patient.

Looks like the party's over, at least for now...;)

Inevitable pullback, but let's hope that's all it is.

Not necessarily, not with an 11% divi yield at current prices.

Share price keeps dropping though. CMCL has for some time now spectacularly failed to keep up with the gold miners' index. Can't see what they're doing wrong (or what I've done wrong in choosing CMCL for that matter) which would dull the share price. At least the divi yield is inching up towards 6%. Why does the market dislike CMCL? Very frustrating.

I wasn't impressed. They kept referring to bloated past expenses (when they used to constantly tell us about AGFX's cash generation prowess), but they didn't explain away exactly how they will reign in said expenses going forward and why doing so wouldn't have yielded enough savings to have avoided this badly received placing. Question is, will the placing money really be used for 'investments', as they say, or will it get subsumed into the generality of the company's expense account? On past performance, the jury's out on that one.

I also didn't much like them, I'm afraid. Didn't find them genuine. I think back to watching old Harry Adams back in the day and remember how shifty he seemed. It's clear that AGFX has had a (quality) management problem from the start and this lot are doing nothing to shake it off in my mind.

I recognise that what I've written, especially the 2nd para, is an opinion and full of my personal bias, but there it is. I'm not de-ramping to buy in at a cheaper price or anything like that. I already hold AGFX and I'm not buying any more. Other views on the presentation welcome.

Just got in. I haven't viewed the Presentation and Q&A yet, but judging by the share price this afternoon it doesn't look like it went well.....?

If HL goes private for as little as 1140p, and with the BOD's acquiescence, it will be another poor showing for the UK markets. However, it seems Messrs Hargreaves & Lansdown desperately want to cash-out without trashing the share price, so they're totally up for it. Little private investors like me will have no influence.

Loads of decent UK companies getting snapped up on the very cheap because the public markets won't value them adequately. Sad state of affairs.

Yes, seems management were as good as their word. This makes a pleasant change for AIM!