re: Ann: Daily share buy-back notice - Append...
I have been waiting for the right time to jump in to CIF, but what keeps me out are these problems;
1. UK pound seems to be in long term decline. 2. UK economy is also in long term decline which will affect Inexus. 3. Highly volatile LIBOR which may affect the debt within CIF ( Inexus). 4. Exposure to European economies (LBC).
Cashflow is good, the company has good asset level equity, and the buyback is good. A windup of CIF would add shareholder value.
CIF Price at posting:
$1.36 Sentiment: Hold Disclosure: Not Held