2094 days ago
I start this podcast by reflecting on my biggest investment mistakes of which selling some Optibiotix (OPTI) three years ago must be in the top ten. Stagging Argo Blockchain (ARB) hjas so far been a small mistake but I reflect on that too. Then I reflect on the bombshell by Nigel Somerville on BMR Group (BMR) which shows AIM Regulation not fit for purpose and opens up a mega scandal for WH Ireland (WHI). What happens next i ask, referring to good news on the claims against Cantor Fitzgerald re African Potash (AFPO)
3846 days ago
The great Royal Mail (RMG) IPO has been a success. Listed at 330p the shares are now 475p. That rather vindicates my call to stag the issue but now it is time to bank gains and sell the shares. And here’s why.
3859 days ago
We will soon hear the exact pricing of the Royal Mail IPO and I expect it to be towards the upper end of the 260p-330p indicated range as there has been very strong institutional and private investor demand – I guess we are in a bull market. And spreadbetters reckon the stock will go to 340p on days one. So there is a case to stag the issue. But..
If you want to take a quick turn by stagging it go ahead. But you would not wish to buy for the long term. Why?