02-09-2012, 11:30 AM
(02-09-2012, 11:23 AM)propertyinvestor Wrote: Laxey Partners seems to be divesting some UIS shares. Hopeless company with no real desire to unlock value. Another of your favourite "value traps".
you have no idea what is a "value trap". hahaha.
the small discount to NTA of UIS was around 5% only. The value will be unlocked in time by itself.
It is just that there is a share overhang problem associated with Laxey Partners. Its price will inevitably be depressed. It has nothing to do with value trap.