richfool wrote:Thanks for your thoughts.PrefInvestor wrote:richfool wrote:Don't have proper internet acess currently to explore this properly, but is it worth selling current holding and buying back through the offer, at the lower offer price, assuming that the SP hasn't dropped any further? Or just leave/keep existing holding and top up through the offer?
Hi richfool, Well you can’t buy the offer directly (to get it at 123) so it all depends on where the price drops to ahead of the closing date. It’s already down to 126.2, personally I think you’ll be lucky to buy at less than 124 and even that’s pretty optimistic based on what we saw with UKW. So selling at 126.2 to buyback at 124 (at best) ?. Well I’m not going to do that, you’d have commission to pay on the buy and the sell and stamp duty (I think ?) on the buy. Shame we didn’t sell at 130+ though !.
Err if you haven’t got internet access how come you can use this site....?
ATB
Pref
I am currently using my smartphone to access, as opposed to my laptop which has a problem with acessing wifi.
Re the current discussion about renewables and understanding their accounts, may I throw in an alternative perspective:
Have a look at Capital Gearing Trust IT run by Peter Spiller. In the R&A's, he has holdings of at least 3 renewables, including TRIG and JLEN, and there is a short piece in the report about them. Noting that CGT trust is run as a cautious wealth preserver.
Hi Pref,
How does one apply to buy the current offer of TRIG shares (at or near 123p?) then? It's currently sitting at around 126p on the open market.