Monthly Archives: October 2012

CPP – possible offer

RNS released today that Affinion Group made an initial preliminary approach to buy the company. They have until 5pm 28-Nov-2012 to clarify their intentions.

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HIBU – yes, it’s STILL a sell

HIBU announces : some lenders of the 2006 facility may launch lawsuits to recover amounts due to them, worth about £65m. Share price is down 9% at the time of writing. I don’t think this changes much, though. I doubt … Continue reading

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SRT – buy rationale

Having said on Twitter that I thought SRT – Software Radio Tech – offered good value, I thought I’d better offer up a rationale. SRT was recommended early this year on TMF’s paulypilot pub NFSC (Nicky Fraser Share Competition), with … Continue reading

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On (and Off) The Buses

Well, haven’t we been having fun this week? A high-profile private investor does a 180 on TNI (Trinity Mirror), and everybody hops off the bus. What was uniformly bullish is now uniformly bearish. Good stuff. 51.30p For those with ‘nads … Continue reading

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SHG – equity placement results

Results of the equity placement have been announced on 18-Oct-2012. 128.0m shares have been issued at 17p, which works out at £21.8m, or $35m. The placing represents approximately 38% of SHG’s issued share capital prior to the placing. The market … Continue reading

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SHG – how much?

I did some crude, and admittedly naive calculations on how much I thought SHG might be worth. Very very crude, so feel free to flesh it out to more specifics if you wish. I’m not invested in SHG, so I’m … Continue reading

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All that glitters

Here’s an investing disaster of mine, with a catalogue of errors along the way, which could have ended worse. Hopefully with some lessons learned. SHG (Shanta Gold) is a junior gold miner in Tanzania, and was on the threshold of … Continue reading

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LAM – why I bought

LAM (Lamprell) provides services to the Oil & Gas and renewables industry. I had bought some on 11 Oct at 80.58p. If I could summarise the key points behind the decision: The current order book is $1.5b, compared with $1.1b … Continue reading

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Multi-baggers

Poster on ADVFN writes: Over the years I have had hundreds of investments….I take this seriously and I like long term developing value rather than high risk punts such as oil, mining etc However just for the record I have … Continue reading

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Half-year review

Thought I’d do a half-year review. In October? Yes – I’ve decided to switch over to tax years, as it makes my accounting easier. Biggest coup this year has been SGP (Supergroup) – up 56% since I bought. I’m really … Continue reading

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