Downing Strategic Micro-... Share Discussion Threads

[red ninja] 04/5/2021 15:28

I see DSM list a new holding "Tactus Holdings Limited" at 3.26%.

hxxps://tactusgroup.com/news/

Tactus appears to be a bit of a jack of all trades although its latest acquisition appears to be it biggest deal ie the "landmark acquisition of PC gaming specialist CCL Computers in a deal that sees the group become a £125m business."

see link



The group does not currently appear to have a listing as far as I can see. Presumably there may be more detail on the stake acquisition in next results (10/5/21).

[red ninja] 22/4/2021 15:43

Mmm it seems you misread that as in my post it says 1.07p twice ie increase of nav by 1.07p

[weatherman] 22/4/2021 14:55

So who misread that it is 1p increase not a rise to £1.07p

[weatherman] 22/4/2021 13:55

I doesn't look like the market has noticed - all out to lunch perhaps?

[red ninja] 14/4/2021 08:05

Adept Tech to takeover Datrix, lloks like a good fit although not so keen on Adept increasing debt again, but then again a pandemic may be a good time to make aquisitions :-

[red ninja] 07/4/2021 14:37

Synetics secures major city of London multi-million project :-

"Further to its announcement of 10 February 2021, Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces that it has been awarded a multi-million-pound project by the City of London Corporation and the City of London Police as part of their Secure City Programme. The project, which comprises a large innovative, cloud-based surveillance control system , is expected to be substantially delivered in 2021, with ongoing maintenance and support over five years, and will see Synectics deliver one of the industry's first enterprise-level cloud solutions for public space surveillance."

[red ninja] 07/4/2021 13:20

With Fire Angel currently up around 89% on new deal on the day. There should be a good move on NAV tomorrow :-

"John Conoley, Executive Chairman of FireAngel, commented: " This is the most significant development for FireAngel for several years and is expected to be transformational for the Group. The directors estimate that, during the life of the partnership, the Company should earn up to €21 million in royalty, management and support fees. The Company's long-standing commitment to R&D, combined with the adoption of development processes from the IT world, have contributed to us signing this partnership which will be materially cash positive and contribute financially to the Company for the long term. Finally, it reflects our aim to spend more of our time and resource on higher value activities. The customer has acted like a true partner throughout this long process."

[spectoacc] 19/2/2021 09:38

Absolutely over-priced US tech & Crypto, and absolutely in the next 12-18 months. But DSM's heavy value bias should at least help. Agree getting shot of RGD loans would really help.

But overall, gaining that next 20p, and more to get the share price back up to the £1 2017 issue price, seems a stretch. 1.83% ongoing charge too, which adds up over time.

[red ninja] 19/2/2021 09:28

NAV of the trust is over 80p now and with the vaccines things should get better then it does not seem to me that unlikely that a return to £1 could happen over the next 18 - 24 months.

I mean Volex in the EV, Data Centre and Medical cabling arenas should do well on it own and that is around 16% of the trust.

If RGD can be exited at a profit that would also be a good move.

The thing that could put this off course is a wider market crash perhaps starting with
overpriced US tech stocks and crypto currencies.

[spectoacc] 19/2/2021 07:30

It'll be a red letter day if Judith ever gets the NAV & share price back up to where they started.

[playful] 19/2/2021 07:04

The DSM portfolio feels like a coiled spring. We believe it contains pent‐up value, which we think can be released on several counts...

Investor Letter

[spectoacc] 05/2/2021 09:55

Thanks @RCT2, appreciated. Wish I held more of them to sell into the ramp.

[rcturner2] 05/2/2021 09:51

CGI, VNH, ARIX, WYN, SPR, ANX, SLE, RFX, DUKE, DSM

[spectoacc] 05/2/2021 09:46

Ah! That's a big tip, tho good luck those who bought at 75p this morning seeing a profit.

Was VNH another, perchance? Unlikely to get my mag before Monday.

[robow] 05/2/2021 09:45

Great. Thanks RCTurner

[rcturner2] 05/2/2021 09:44

Tipped in IC, part of ST's bargain portfolio for 2021.

[spectoacc] 05/2/2021 08:15

A tip, maybe? I'm now out, good luck holders.

Edit - def feels like a newspaper tip.

[skyship] 05/2/2021 08:12

Big rise today - news of liquidation leaked perhaps...

[baloo4] 14/1/2021 11:41

I have also bought in the last couple of weeks on the basis that the discount is far wider than those of Miton Microcap and RMMC which are the other two within the same peer group. To some extent I think she has suffered from the shunning of value investing over recent years but the rotation from growth since the vaccine news means that the wind is behind her now.

[skyship] 14/1/2021 09:08

Ahh - "..a decent track record at VCTs.." Conforms with my thoughts that she is an analyst, rather than a manager possessing the necessary trader skills to evaluate.

I agree with your 2nd para - hence I bought here for the first time just last week.