looking likely
.4 open tomorrow
auction?
doors also
i think .4s early dorrs tomorrow
.4s tomorrow
Spin that wheel
Re: RNS Also in regard to tax losses, there are fairly strict rules preventing companies being bought for their tax losses"CTA10/S673CTA10/S673 counters loss-buying, where a person buys a trading company wholly or partly for its unused trading losses rather than solely for the inherent value of its trade or assets."
is this one off again?
ALLTOLD - YOU CHANCER Still at it posting carp when a big rise happens.
Amazing This stock is the closest you'll get to free money on AIM. IPF is exploring an offer for the company - I reckon £1.20-£1.50 is the right level. If you read the IPF announcement, they are gushing about MCB's online technology and they are keen on getting into online to add to their existing door to door lending capability. There is a high likelihood the deal will go through.But the SP has barely budged. If anybody is reading this, try and buy some...but of course DYOR
Re: RNS There is approx $17million cash on the balance sheet but also $6million of liabiliites and cash burn is almost $1million per quarter. Antrim values Fyne at zero so I wouldn't get too excited about that, essentially leaving a 25% share in an exploration prospect that by the time Antrim comes to drill it will have little cash left and if it fails there is nothing left.No one is going pay a significant premium to share price to buy what is essentially a shell at a large premium just to get at some tax losses - Ithaca can be ruled out as they already have enough tax losses to cover them for several years and they would get roasted by shareholders if they paid out cash of shares now for a shell that provides no benefit for several years.
Re: High dividend replacement Take a look at Infinis (INFI). Came to the market exactly a year ago at 260p. Prospectus told us to expect div of 18.3p pa. Company has done all it said it would so far and is now around 220p so the yield would be 8.3%, making it the highest yielder in the 250. Market has been confused because the first div was proportionate - 6.7p v 12.2p. Just gone ex div for 6.1p interim, so div rates shown are based on 12.8p or even 6.7p. The company is in renewable energy, mainly from waste tips with a growing wind stream. A bit of hydro but not very significant.
Re: selling usually AGMs are not market moving events so whoever is selling may just need to sell, or is taking profits etc IMHO.Also, it may be actually positive that despite the sells, the price is steady...perhaps a resistance level is being formed?In any case, we should not read too much is small daily action (though daily liquidity is good) as the big picture is still good. The only negative out there (until next year) is whether the sale increases will come early enough to negate the need for further share dilution.
Re: Between-results lack of interest? I think you are pretty much correct. SBS doesn't generate very much news so it needs something extraordinary to tick it up or down between results if it is to go against any general trend in the market. Small companies have not fared very well on average in the last 12 months so it is no surprise to see a gentle fall. I'm an ex-Vindon investor who brought my investment across to SBS and from my point of view I'm waiting to see that the integration has properly sorted itself out and the growth from Vindon is now showing up in the SBS accounts. I'm positive that will happen.Here's to a quiet end-of-year and a positive set of results in Jan. I'll be watching.
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