The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
The concern for me is that if these figures on cash are correct. Then where is the money going to come from for an acquisition. Further shares issued or an increase in the current outstanding loan. For me that is a little bit worrying.I would rather they bought nothing if that is the case.
Inmv fwiw is that the figures are slightly misleading. Some analysis post net cash before current debt. I e cash position is four hundred million,but we have a debt position. So inmho they would do better to hold the cash in some kind of treasury bonds.
Well they cant use covid and oil any more so you guessed it tobaccooooo is their latest target. I wonder who got the brown enevelopes on this one before its speach. My guess is that this went all the way to the top this time..
Way to go little britain. Whereeeeee getting there.
No surprise there Newkotb. Fwiw this is now my largest holding. I've given up with the stock market as a whole and have gradually been switching to gilts . Premium bonds are also an excellent investment chance of winning large with lots of small wins. More can be said of share investments.premium bonds are tax free as well
Judging by how the shares have been reacting during the past year I dont think that the shares are going above 2.50 unless crude sustains a price above $100 dollars per barrell with gas equivalent.
We need a deal and a good one to get this moving,but the worry for me is that they are about to issue a load of equity for some kind of merger inmv. Personally i feel that the falls of the past few days is an indication of this.
Hopefully it is down to just market sentiment. Most stocks have been falling and what does not help here is that there is no news on any income stream let alone licensing deals.
They could start by ditching their us pr company and find a new one. If they can't drum up interest there then there is little hope elsewhere inmho.
DillyD
Just hold in there. I have and still do hold companies similar to this. If anything inmv behind the scenes they have progressed more rapidly at their current stage of progress relative to other biotechs which I have held in the past. Fwiw I'm happy to hold and still add when I can.
The Rosebush news must surely be a positive for north sea companies such as Serica. All we need now is a reduction in the EPL.
Maybe hmg will become more favourable towards oil and gas now that they are watering down on their green narrative.
I dont think this down to jp morgan,but more to do with their latest investment. its hardly an indorsement when the ceo leaves as he has done so. fwiw i hold these and added at 5.50 before this acquisition so not very happy.For me i will not be holding this long term . The dividends are pointless if the share price drops twenty percent per year. Maybe they should start a share buy programe rather than waste shareholders money on the likes of their last investment.They seem to be in bed with latest government and its whims,Maybe a knighthood is in the offing.
For anyone that is in any doubt about this the moon is not made of cheese what so ever Serica and its bod may tell you otherwise. dyor
The Moon's surface is dominated by igneous rocks. The lunar highlands are formed of anorthosite, an igneous rock predominantly of calcium-rich plagioclase feldspar.
Going forward there may be opportunites for Serica to explore this inmv, but as far as i can see the moon is not made of cheese.inmho.and only my opinion.
My view fwiw is that next year we will see some real growth even with epl.Due to
Production increase after workovers,tax utilised for the entire group and hedging.
We could also have the added bonus of EPL being adjusted together with a further acquisition.inmo