Re: John Jakes and Pheonix - 9.1% Give it a little time Hardboy.To buy in this quickly after the 19/1/17 would look suspicious.On the other point there are significant buys by one good Institution with research analysts and a stellar philosophy and another large purchase from a wealthy and very successful businessman both having crossed RNS thresholds and II doesn't show either? It needs pointed out to them as the archive does not objectively reflect the proper course of events.Own due diligence
Re: John Jakes and Pheonix - 9.1% What is up with ii's News Feed? These reports should be available on this site!Still not tempted any directors or their partners to the market! Not good enough.
John Jakes and Pheonix - 9.1% 9.1% between bought since 19/1/18Can we please stop passing them cheap stock.Own due diligence
Pheonix - now up to 5.1% A bit more confidence for you.[link] due diligence
Lets see how the day develops If after close of business today its been a closure day on any shorts. It seems the most logical thing to be doing Any positions that were held prior to the 19th Jan will have been in good profit and the arrival of John Stewart Jakes and Pheonix buying in for just over 4% may on reflection cause a few to reflect, bank profit, shut up shop and move on to another company. A run upwards should be the first indication.The £20 Million pounds invested by Mr Jakes and the Pheonix only serves to reinforce my belief that it is in oversold territory and with very good upside potential. Own due diligence.
Re: John Stewart Jakes - 4% Holding kryptes I have read the statement in full several times over and so clearly have John Stewart Jakes and Pheonix Asset Management.The tone and content of my posts are pretty clear. I think things are fixable and don't think they will be as bad as first portrayed. (Double whammy effect of cheaper funerals netting more business, fixable online presence etc etc etc).I'm going to go for an Investec £12.75 and possibly a recovery to £14.00You seem to have been in hiding for 2 days and have missed the good news. We have two new shareholders onboard, both with very good track records and now just over 4% of the company. Own due diligence.
Re: Thats Openness and Honesty for You onewayticket,Sounds like you haven't read the company statement, which makes clear the price cuts are expected to result in a materially lower profit than market consensus. Hence the legal requirement to disclose. Suggesting they hush it up as a PR exercise is just nuts.
and Pheonix Asset Management I would also like the Director's to buy Hardboy but think it will be the spouses that buy back in and not that far away either as todays buy and now with John Jakes and Pheonix Asset Management onboard should be giving everyone a hint."We are called Phoenix because we do it by buying great businesses when they are cheap usually because they are having short term issues. If our research is correct, then they emerge Phoenix-like and deliver high returns. Our key skill is in the identifying, valuing and monitoring of suitable investments."That's what it says on the website.[link] due diligence.
Re: John Stewart Jakes - 4% Holding I'll still be happier when directors start buying. They know the company and its prospects better than anyone, and they should know the potential of the Board. If they don't buy at this price what does it say?
Re: John Stewart Jakes - 4% Holding Invested and happy with this one now.A 4% holding and £20 Million just spent by a very successful businessman buying shares and the market makers are allowing this to be skewed on single and double figure trades. Jakes knows how to turn money. I'm going to go with the repositioning plan and his substantial financial vote of confidence.Own due diligence.
Re: John Stewart Jakes - 4% Holding I'm not wishing to be funny but the computer program that is selling small amounts of this should switch itself off as I think now any dips will be heavily bought. If not by ourselves then by Mr Jakes further topping up.Incidentally and following on from the earlier thread Acorn stairlifts comes up on a google search Page 1 (albeit halfway down)Also as it happens I had this RNS about an hour before ii broke the news?Own due dili
Re: John Stewart Jakes - 4% Holding 60 years old, Monaco based businessman.Doubled the profits of a Stairlift company (Acorn stairlifts) in a year and took a whopping £18.5M Dividend last year.Good Times article on him entitled "Founders £18.5m stairlift to heaven"Therein lies the link.Well that will do me. If he spied value and bought 4% then I'm happy with my £15k's worth.Dignity could actually do with him on the Board. Own due diligence
Re: John Stewart Jakes - 4% Holding You are correct emitdb in what you say.I'm more interested now in the fact that this guy has got multiple Stairlift and elderly care businesses.He is spying something?Does anyone else have any views?Own due dili
Re: £2 Million for Digital and Pro... "The Coop incidentally does the reverse and it is a national brand under the umbrella of Cooperative Funeral Services. "I point out that while the above statement is fundamentally correct, it is not exclusively so.In our town/village, the 'local' Funeral Director is trading as their historic local name even though the Co-op took over many years ago.I would imagine it all depends on the demographic of opposition in those locations.
Re: John Stewart Jakes - 4% Holding Its very interesting that someone in the Stairlifts and what looks like the elderly care market has declared a 4% stake. Not small change either.Ready market apparent.[link] due diligence