Downing Strategic Micro-... Share Discussion Threads

[tomboyb] 08/7/2019 10:20

50p target --

[tomboyb] 04/7/2019 13:47

Should be 50p -

Nav discount is too close -

[speedsgh] 19/6/2019 15:28

Jobs saved as Redhall division is bought by private equity fund -

More than 50 jobs have been saved after Enact, a £30m SME fund, agreed to buy the trade and assets of Redhall Networks - a division of the listed Wakefield-headquartered Redhall Group, which entered administration last week. Chesterfield-based Redhall Networks is being acquired by Enact - the fund run by Leeds-headquartered private equity firm Endless - in the third deal to be completed since Redhall was placed in administration last Monday (June 11). Booth Industries was sold in a £1.8m deal just hours after Redhall was placed...

[red ninja] 14/6/2019 20:59

Mmm, you sound bitter and twisted tomboy why is that ?

[red ninja] 14/6/2019 05:45

Don't think so, but things have been recovering at RGD so there is some rebalancing going on.

[tomboyb] 13/6/2019 15:41

DSM trying to pump RGD -

[tomboyb] 13/6/2019 08:20

Discount to NAV is less than 10% -

should be 25-30% -

[red ninja] 13/6/2019 05:46

They have not done well, but this is not invested in illiquid investments.

Longterm they should hopefully recover ...

[tomboyb] 12/6/2019 13:55

Chart looks horrific -

One way trend -

A bit like a skier ( Ron duncan perhaps or eddie the eagle)

[tomboyb] 12/6/2019 13:42

This will follow Woodford -

ILliquid investments -

When it happens you won't know what hit you -

[tomboyb] 12/6/2019 13:39

I would Pull my monies out of this fund -

All of it while the chance is there -

[tomboyb] 12/6/2019 13:33

SELL -

THIS IS A SLOW CAR CRASH -

[tomboyb] 12/6/2019 13:19

Still very generous despite the 1.25p divi -

That will be unimportant as this is going one way -

Saffy mentioned fundies losing a massive % of NAV -

This be a slow decline -

[tomboyb] 11/6/2019 11:57

Must be a BIG SHORT here -

[tomboyb] 11/6/2019 11:54

He would do a better job -

Tiny discount to nav here is CRAZY!

[spectoacc] 11/6/2019 10:10

They should give it to Woodford to manage.

[tomboyb] 11/6/2019 09:58

If I was an investor in Downing I would ask WTF are they doing -

Gamblers at best and with such a small discount to nav i would follow safman and say 30% discount at a minimum -

[tomboyb] 11/6/2019 09:39

Well RHL booth industries sold for a mere 1.8mill -

!!

What a bunch here -

[tomboyb] 10/6/2019 16:29

You might get there -

Downing have yet to announce their loss! -

[safman] 10/6/2019 16:19

Last NAV was given as 75p or thereabouts..

As a rule of thumb you should be looking at a minimum discount of around 25-30%..

That is @ a "minimum"...

saffy..

[safman] 10/6/2019 16:15

Unfortunately, having been with fund managers i think you will find that the risk element tends to be higher than what it actually should be...

Downing should really be well below the current share price and if I could short it I would..

saffy..