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Scares me a bit when they report UK,USA & Germany disappointing for leading edge market research.Definitely sub £2 but not sure it would quickly fly from that level until investors reassured this was a blip.Would you be patient enough?
You don't get a more cyclical business than shipping.These guys are pros & will ride out the trough.Hard as it is for many folks to believe macro environment will turn then its up up up for Gprt.Its obviously not ideal to be in when shipping could well stay in the doldrums for a couple of years but these guys know how to turn a quick buck ...and stay solvent.
Early excitement over 'old news'...how many ways can you spin an old cat! Stil it's not a ' dead cat' but headed south to a more credible level.What price would you go in at?Bought some Polo today...another one that will pleasantly surprise the patient player methinks.
Just looked at the 3 year chart..it looks like an ecg! Apart from a new non exec can we really expect progress?Riddler if they haven't understood they need to get the message out what hope is there?do they have serious competition?
I really like CSn because its so defensive(its big strength in this weeks market maelstrom).Personally I would bite the markets hand off in 175-180 range but that looks unlikely given current trend.Operating in such an unglamorous sector the mkt only gets excited when it acquires ' new stock ' of old policies( if you get my drift) .we all love a little gamble but CSN,VOD,AV do me just fine for main portfolio.I think it will trade in relatively tight trend:175-200 & with its divi & balance sheet I can depend on it as safe haven.What else are you liking ?
Knowing you the research backed your decision up.24p cash+private equity portofolio discounted 50%(45p+) - reduced carbon credit liabilities(15-20p)=Ups1de.Might take time but I sense you don't need the money short term!
Thanks for the useful update.This is one that would be silly to bale out before full year now as only then can recovery upside be assessed by the market.(I will need to add note to myself to stop the trigger finger & just wait!)
Sir,you are more of a gambler than I first thought! whenever I hear Israeli company I shiver based on watching the Shenanigins that happened in Emblaze( previously known as Geo interactive) .Taught me that governance doesn't appear to be their strongest suit.Never like a roc trend that goes from 20% in 2006 to negative in 2012.Also the 'margin for error ' on such slim profit pickings must be high.I hope the military market doesn't enjoy near term momentum in the Middle East!
Helpful historical perspective for us newbies.Not worried that after a first flush of progress some frustrated long termers bale.The trick now is to get the return on capital up significantly in next 12- 18 mths hopefully assimilating acquisitions to date rather than spending hard earned cash on more.Management commentary suggests the team have effectively galvanised the troops with the old ' burning platform' analogy.