Re: One to buy from data mining white_van_man,Yes a typo meant 385p, 387.35p gross.It was interesting reading your comments on HWDN as a customer. I am glad to learn that they are busy. According to fundamentals they are very profitable. I wish I had bought in Oct but think there is more upside. I am already in the black +0.9% after dealing costs.Broker targets range from 440 to 500. Your target of around 450 seems reasonable. Mine is nearer 500 which would be a rise of about 40% on my purchase price. I think it could get there within 6 months. My shares relating to house building, PSN, BLND and GFRD are all doing well and there should therefore be a strong demand for new kitchens.
Tender offer I read the announcement today as essentially saying:"we will buy back shares from existing shareholders and cancel them, using money from the Magna Fund".no details on price, but its fairly easy to work out the overall picture.The Magna fund value is currently about 9.6p/PEBI share, so the distribution will, after costs, deliver equivalent value to each shareholder. Lets assume that they decide to buy back 1 share for every 2 shares owned. - you get back 9.6p/share (capital gains as its a share redemption, rather than dividend, but think of it as a dividend)- total value of PEBI drops by 9.6p/share, leaving a balance sheet value of 5.8p remaining, half of this being holdings in listed shares, half unlisted- the shares in issue halve from today, so the net asset value per share doubles back up to 11.6p/shareThat means that the market is effectively discounting the remaining PEBI investments by 80% (difference between current offer of 10.5p share and the 9.6p distribution = 0.9p, vs. balance sheet value of 5.8p/share prior to share redemption).This seems like a material discount to me. The only complication will be the fact that PEBI will be so small at the end of this process that I don't think that it will be economically viable in the long run (would only have a market cap of £1.8m).Welcome views on the maths and other risks - I flagged that this was a good opportunity a while back - seems to be even more so now.
I just gave AFCR a BUY rating: About to set sail to 1.5.. Will I be right? [link]
Buy
New all time closing high yesterday My strong faith in ABF not misplaced. I am thinking of taking some profits because SP rise has resulted in me being significantly overweight in these shares. Being greedy I think I'll wait for SP to reach £32.50. This might only be a few weeks away.Go Primark go, onwards and upward.
RNS Wendy Lawrence, Totally CEO, commented: "I am thrilled that Totally Health has won these awards which reflect the excellent services we are delivering to the NHS. "Recognition of this type highlights the value of Totally's offering and gives me great confidence that we will continue to deliver on our new business pipeline. Thereby changing the lives of people living with a Long Term Condition such as COPD and delivering value for our shareholders" The Judges said: "This entry contains all of the elements that will shape the future management of chronic conditions; technology, collaboration and innovative processes. It reshaped the care pathway and reduced hospitalisations. It is scalable, transferable and will be a model for other commissioners. The NHS need the benefits this entry provides."All positive work going on in the background which points to more contract wins and revenue for this £1.4m MrkCp comany dwiggy
Old but important news in this context... I recently came across this remarkable little bit of news: FDA authorizes emergency use of unapproved medicationThe massive number of causalities from this catastrophic event (09/11/2011) also prompted the FDA to permit use of an investigational cream for treating burns. Solvay Pharmaceuticals, located in Marietta, Ga., shipped 3,000 pounds of sulfadiazine/cerium (Flammacerium) to New York hospitals after FDA approved a label and a protocol. Not yet approved by FDA, sulfadiazine/cerium is in phase III clinical trials in the United States and is currently marketed in Europe for the treatment of severe burns .Since Sinclair got an Orphan drug status from the FDA for Flammacerium in March, a decision must probably be on the way soon, and as it is likely to be a positive one, this would make Sinclair an even more attractive little bride. Ambiorix.
About that Rio Tinto comment, it's not accurate. Rio Tinto is a very big shareholder who wants Minera IRL to succeed. There is no January deadline. With Rio Tinto and Macquarie you have to very big players who are very much behind Minera IRL. I can't see anyway they won't succeed.
Re: I'm out I have always had a good feeling for this group ever since they turned my job app down way long ago - and followers of this share will have most probably made a bundle over the years. I made some but sold too early a few years ago. Big mistake, but lousy yield.Now back in under 1800 and expecting to make some plus over relatively short period if I can hold out for the oil sector to rise - same attitude with BP.Even so someone out there is looking hungrily at Weir - it might be their turn in the barrel Pumping up.
Re: Share price defying gravity ? I'm inclined to think that the s/p of all three stocks you mention are "defying gravity", though I've done well out of them and I'm not complaining.But at these levels I'm inclined to favour WWH as a more diversified play than either BG and IBT.
Re: Impacting on sp today .... 7.77 % up " follow the money" Oh that will make a nice change - it's been a downhill process in recent times! probably to the point that BQE has now become a bit of a bargain.
Re: AGM is the past predictive of the future???...time will tell! I reckon it's 50/50...but I repeat...another cash call is not the end of the world...yes, it reduces future returns but by how much, when the potential is so obvious?
Is there one main buyer today?
I just gave RRL a PANIC rating: uh oh pity those still left in here.. Will I be right? [link]
Re: 1p+ TODAY? Racing towards 1p+
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