Up Global Sourcing Share Discussion Threads

[topvest] 18/2/2018 19:09

Doubt it will bounce that much, but hopefully back to 50p soon.

[kirk 6] 18/2/2018 18:29

Yes agreed a true recovery back to £2 however short term gap fill to 62p likeltgus week

[topvest] 18/2/2018 16:57

Maybe. True recovery will probably take a while. You need to think 12 months, not 12 days. Patience.

[kirk 6] 18/2/2018 15:11

More stakebuilding next week and a run back to 60p on the cards

[john09] 16/2/2018 18:35

Even more for Ennis

[topvest] 16/2/2018 18:33

Yes, BlackRock are one of the poorer fund managers in my book. They are follow the herd index trackers like JPMorgan. You own their funds to follow the particular index and nothing much better. Very clear who the smart institutional investor is here and it’s Ennismore. I’m going to take a closer look at them. Think they have played a master stroke. Unfortunately if management want to take private again then it’s now much easier as just one shareholder to get on board. Hopefully not though.

[kirk 6] 16/2/2018 18:27

Wonder when they will stop black rock out and these in absolutely great news

[kirk 6] 16/2/2018 18:26

Is that more again

[senor_sensible] 16/2/2018 08:35

Buy and hold IMO

[senor_sensible] 16/2/2018 08:34

Ennismore Fund Management is a pan-European investment management company based in London. The company was set up in July 1998 and specialises in investing in listed small and mid-cap European companies. Our typical investments are in smaller companies that are under-researched and whose future prospects are being mispriced by the market. We prefer companies that are in a strong competitive position and are capable of generating high, sustainable returns over a business cycle.

Our two funds, the Ennismore European Smaller Companies Fund and Ennismore European Smaller Companies Hedge Fund, were launched in January 1999. We believe that limiting funds under management has been key to our strong long-term returns - from inception to date the annualised return for the Ennismore European Smaller Companies Fund is approximately 15%. Both funds are currently hard closed to new investment and we have a waiting list of clients that want to invest as and when capacity becomes available through redemptions.

[topvest] 16/2/2018 08:02

Yes, that's a big holding indeed given the % owned by directors.

[greenknight1] 16/2/2018 07:51

They have increased. You're % holding does not increase if a share price falls.

[runthejoules] 16/2/2018 07:47

Ennismore up from 6.47% to 7.38% if I read it correctly, which means either they've increased, or, more likely, held on while others have sold?

[fillipe] 15/2/2018 09:42

:-(

Living in hope until cash needed.

f

[john09] 15/2/2018 09:36

Realistically though my friend I can’t see any half decent news coming out this half of the year

[fillipe] 15/2/2018 09:09

It only requires a smidgeon of even half-decent news to see this one much higher.

Bid/Ask totals remain +tive.... 83k v 34k.
Lowest ask was showing 40p - just now eased to 39.60p with 39.40 being paid.

Tight spread being shown; 39p v 39.60p although even that dealable within.

Very strong RSI!

f

[topvest] 14/2/2018 20:58

Just to be clear on my earlier post. Mkt. Cap is £30m. Think it should be worth £50m after this week's warning. Medium term I think its a multi-bagger. Obviously the valuation is only going to massively improve when trading improves and that's probably 3-6 months off from now. I'm happy to be patient.

[kirk 6] 14/2/2018 17:57

Wow yes very nice buy

[lammylover] 14/2/2018 17:16

Nice 635k share buy after close at 37.9p

[kirk 6] 14/2/2018 16:56

Fantastic news black rock out New stakebuilding in

[lammylover] 14/2/2018 16:28

I'm sure there will be more Holding RNS's to come. Hoping for more Director buys..

[the patient investor] 14/2/2018 16:20

that is great news

because not only the buyer shows confidence but also took out of the market a nice chunk of the over hang

do your easy math here to see how many shares they added



i see easily 40p this week

[lammylover] 14/2/2018 16:08

As expected holding RNS x 2. Black Rock reduce from 9.91% to less than 5%. Ennismore increase from 5.2% to 6.47%

[mister md] 14/2/2018 11:35

Are these massive trades delayed ?

[lammylover] 14/2/2018 11:14

2.6m shares just sold at 35p. Bid at 35.2p, so MMs paid virtually full price for these. Must have a large buyer. So some II's selling and II's building a stake. Hopefully BOD might buy some more? Waiting for RNS Holding update to see what is going on...