Good morning! I'm slightly late this morning, as have been on a mercy mission to take a friend to Hospital for an operation, and give some moral support. So apologies for any inconvenience.
Update on Chinese investor evening
As always, it was a marvellous investor evening in Beckenham last night, at the monthly "Mello" event organised by David Stredder. I should mention that David is a very successful private investor, specialising in small caps, who I've known & shared research with for almost 15 years now. He started these investor evenings a few years ago, and they have become increasingly popular, such that around 80 investors now attend each month. The format is drinks first, then one or two speakers (usually companies of interest) give presentations, then we have dinner.
These are both interesting & very social events, as everyone has a shared interest, so conversation flows well over dinner, and we make new friends too over time. David organises these events himself, and there is nothing to stop anyone else from doing the same thing locally to you. In fact, that's what myself and a friend are doing - we're starting a quarterly investor evening (on a similar format) here in Brighton/Hove, so please message me (if you haven't already) if you would like to be added to the mailing list for that.
It would be great to see similar social groups springing up over the country, so why not think about starting an investor group in your area? It's so easy with the internet enabling us to all be connected. My Brighton group is going to be affiliated to ShareSoc, as they do excellent work for private shareholders, and are worthy of support as a voluntary group.
So that's the preamble, what was last night's Chinese themed (the companies, not the food!) Mello event like? Well, of the three companies due to attend, two of them cancelled at late notice! So we did not get to see anyone from Naibu Global International (LON:NBU), or China Chaintek United Co (LON:CTEK). That went down like a lead balloon, as some attendees had travelled from as far as Wales and Sheffield to see them. The excuse given of them being in a…
