Member Info for wiseys

IMO it just seems wrong that a company with c£3.5bn of revenues only has a market cap of £500m...

remember a couple of years back when they had to deny press speculation that PE firm CVC had made an approach?...could make more sense for a deal at current levels and with the company in better shape IMO...still plenty of portfolio rationalization to be done...

REVB are speaking at the Finncap conference tomorrow and would expect shares to continue to rally into and after that as plenty of good news to talk about...

wow!...someone just paid over the asking price for 18m shares!...42.3p

I'm no chartist guru but it's interesting to note that AFC has now filled the gap when it jumped on the ABB news back in Dec 2020...looks like it's trying to find support around the low 30's...dipping the toe here and saving some ammo in case it dumps to 20p on a wider sell off....reassured that is has 50m cash and doesn't need to raise any time soon...

Anyone know which day next week the trading update is due? Should be good...

https://www.electrive.com/2022/01/20/general-motors-to-use-fuel-cells-to-power-dc-chargers/

CEY haven't met guidance for ages so if it's in line or better then the market should reward them for showing stability and consistency

from Winkworths t/u today...."Our rental business experienced some normal seasonal slowdown after several months of intense activity but remained strong in London. Prime Central London continues to show signs of recovery, although the outlook for international interest remains dependent on travel restrictions. " Good to see London recovering and feeling confident that the incoming old guard can return this to it's former glory. Anecdotally, a competing estate agent valued our london house this week and he'd recently bought shares in Foxtons having worked there back in the heydays. He thinks they just need to tweak a few things to get it going again...mainly around incentivising the agents better and getting the hunger back...

2 big broker upgrades this morning...long time bears Liberum have upgraded from SELL to BUY and raised PT from 80p to 106p and Berenberg raised from HOLD to BUY with new PT of 112p....fill your boots!

Gatemore are looking for shareholder returns and given how cash generative DX is it makes sense that they pay a decent dividend. Also, given it's a tightly held stock a share buyback could provide powerful support to the share price.

they had to deny an approach from CVC a couple of years back when the shares were higher and the business was less stable than today so makes sense PE would revisit at these levels.....still plenty of disposals to come which is attractive for PE

fact...the more the share price falls the more attractive it is to an opportunistic buyer....a 130p bid would probably be enough to secure this single asset producer. Operations have been stabilised and the market is giving them zero credit for that achievement

Purplebricks seems to be going through a torrid time and another huge own goal today....don't like to laugh at others misfortunes but their issues can only be a positive for other agents such as Foxtons

public division is trading well...they've now put more operational metrics in the shop window so we can see how the business is performing....makes it easier for private equity to run the numbers which look attractive...plenty of disposals still to come....remember CPI had to deny an approach from CVC last year..will be surprised if this is independent for much longer given current m&A climate....ongoing covid issues are unhelpful but wont last forever and out of their control...

Liberum have been wrong about the reserve life for Sukari...share price target correct grated but if anything it means they have to upgrade the rating to HOLD or BUY as it's almost hit their target and brokers like to lock in performance as much as the rest of us

thinking it could be a really positive update next week and if there's more disposals announced then shares could fly....definitely a top pick for next year...long and strong..

US CPI data tomorrow could give gold a boost.

completely agree...if you were Endeavour, Barrick or one of the other majors why would you wait for the higher share price that will come as they deliver the production?..the greater certainty and details on Sukari provides the visibility and reassurance that a buyer would want. M&A in the sector is picking up..see Kinross buying Great Bear for $1.42bn today....https://www.mining.com/kinross-to-buy-great-bear-for-1-42-billion/

you also get paid to wait via the c.10% dividend...