What’s your big gamble? (Volume 2)

[anonymous-user]

Adam B said:

MikeStroud said:

Last weeks RNS suggested to me the sp had risen too close to the potential sale price and they needed to bring some reality back to it. I am expecting a profit from here (say 15% min) but obviously would love the LSE £1 sp !

Hi Mike

I am curious - whilst not wanting to get overly excited, how did you interpret that dismissive RNS (we have to do this, its all good) as any sort of dampener?

In fact it was notable that it did NOT include the usual speed ticket language "we know of no reason for the share price increase"

Edited by Adam B on Monday 19th October 15:49

Had the share price being static (instead of rapid growth over the first week of Oct) then no RNS would have been published. Due to the sp increase they raised an RNS; I took it as meaning: "there's been a big sp increase but nothing has changed that isn't already known (the sale) so be careful all you investors that you don't over cook it".

Maybe I'm being too pessimistic, I have been too optimistic too many times so am going the other way nowadays. I think we will make money but let's face it if £1 was possible then the II would be all over it.

[indestructible focus]

vulture1 said:

Sold boo at peak bought back in too early with a bit less. Bought at 340 again thinking that should be good. Got up today and say 272 so bought again thinking that should be good. Lol. What is that old addage about time in the market not timing the market. Will buy another chunk when it decides to stop. High streets and malls Are finished online is where it is at.

Ahh shame bud. Have to remember they are a growing company internationally, this uk problem will addressed by their own textiles factory they are set to build. Have to hope that the owners are not involved in the money laundering and vat fraud, doubt it as they have made a killing off this business. Until it blows over which it will it's for trading.

[SleepyOwl]

MikeStroud said:

Had the share price being static (instead of rapid growth over the first week of Oct) then no RNS would have been published. Due to the sp increase they raised an RNS; I took it as meaning: "there's been a big sp increase but nothing has changed that isn't already known (the sale) so be careful all you investors that you don't over cook it".

Maybe I'm being too pessimistic, I have been too optimistic too many times so am going the other way nowadays. I think we will make money but let's face it if £1 was possible then the II would be all over it.

Unfortunately I am also coming round to this theory. OMI have had a similar (if not bigger) rise than EUA but have issued no such RNS. Hopefully Im wrong and staying in for the the long term

[911pleb]

Some of the figures being thrown around re EUA are ridiculous. 150p!? 350p? No idea how anyone thinks it can sell for $7b, which is about 190p given the assests are estimated to be $40b in the ground. $2b maybe, paying 70p ish

I'll be happy if we get to 54p and take anything more as a bonus. Lse really is full of numpties.

[Aiminghigh123]

I’m fully invested at the moment and had a goodish day. Portfolio up 1.4% despite getting hammered by AMGO.

Looking at BOO now. If it drops to low 200s will be very tempting. Got in at 220 ages ago out at 300.

[Adam B]

God that was a frustrating day

was 4k up at one stage, finished 1k up and TTCF seems intent on throwing that away now.

Good from EUA and UFO, rubbish from EMH

IB really is st for AIM, tried to buy ALBA, BZT and GWMO all day via their ste SETSqx auction, and missed out on some huge rises in BZT

Will see if they re-trench tomorrow

[Fat Thor]

Adam B said:

God that was a frustrating day

was 4k up at one stage, finished 1k up and TTCF seems intent on throwing that away now.

Good from EUA and UFO, rubbish from EMH

IB really is st for AIM, tried to buy ALBA, BZT and GWMO all day via their ste SETSqx auction, and missed out on some huge rises in BZT

Will see if they re-trench tomorrow

Don't worry about ttcf that will come good, there has been no PR/anouncemnt since merging, there is something coming its on the twitter etc, I missed selling first thing and buying back in $2 down... made me really angry I missed it.

[Fat Thor]

911pleb said:

Some of the figures being thrown around re EUA are ridiculous. 150p!? 350p? No idea how anyone thinks it can sell for $7b, which is about 190p given the assests are estimated to be $40b in the ground. $2b maybe, paying 70p ish

I'll be happy if we get to 54p and take anything more as a bonus. Lse really is full of numpties.

Nutters you need to have a look at Stocktwits.... they are batst crazy!

[Adam B]

Fat Thor said:

Don't worry about ttcf that will come good, there has been no PR/anouncemnt since merging, there is something coming its on the twitter etc, I missed selling first thing and buying back in $2 down... made me really angry I missed it.

yeah not overly concerned, but not sure why SP would fall if everyone is talking on Twitter about something exciting

[anonymous-user]

I'm suffering serious FOMO at present as all my cash is tied up in stuff already that has news coming (EUA, KEFI, AA, TILS, GGP, etc etc). So many hot tips I want to buy but can't.

[Fat Thor]

MikeStroud said:

I'm suffering serious FOMO at present as all my cash is tied up in stuff already that has news coming (EUA, KEFI, AA, TILS, GGP, etc etc). So many hot tips I want to buy but can't.

Come on Mike share these tips!

Although I am tied up too

[ALawson]

Rampy McRampy for BZT!

Good day if your were in on this one!

[anonymous-user]

Fat Thor said:

MikeStroud said:

I'm suffering serious FOMO at present as all my cash is tied up in stuff already that has news coming (EUA, KEFI, AA, TILS, GGP, etc etc). So many hot tips I want to buy but can't.

Come on Mike share these tips!

Although I am tied up too

I don't know where to start....

1 - More in EUA/GGP/KEFI.
2 - ORCP, SNG, SBE, (+other SPACs), Alba, NIO, EMH, THX, TGP, EUZ, HZM, BCN, AMGO/BOO whilst they're low.
3 - etc etc.

I'd need to whittle all the above down to 3-4 top returns which I haven't done yet as no spare cash. Desperate for my current lot to declare their news so I can sell and move on.

[Adam B]

I was tempted by BOO for first time today, but need to judge the bottom

Think it might be lower than today given this an hour ago

https://www.telegraph.co.uk/business/2020/10/19/bo...

behind a pay wall but you can see the headline

"Four out of five top auditors snub Boohoo after fast fashion scandal. Shares sink by a fifth as investors fear fast fashion giant could struggle to find a firm with the size and expertise to audit it"

[Adam B]

MikeStroud said:

1 - More in EUA/GGP/KEFI.
2 - ORCP, SNG, SBE, (+other SPACs), Alba, NIO, EMH, THX, TGP, EUZ, HZM, BCN, AMGO/BOO whilst they're low.
3 - etc etc.

Interested on your views on KEFI, I was in and out for a decent but unspectacular 25% gain. Now considering again but seems to be a complete coin toss on whether they get funded before a deadline in a weeks time. History has not been favourable with lots of false dawns and dilutions I believe.

Any more balanced opinion than that on LSE?

[anonymous-user]

Adam B said:

Interested on your views on KEFI, I was in and out for a decent but unspectacular 25% gain. Now considering again but seems to be a complete coin toss on whether they get funded before a deadline in a weeks time. History has not been favourable with lots of false dawns and dilutions I believe.

Any more balanced opinion than that on LSE?

You’ve summed it up perfectly. It’s gonna double or half in the next few weeks.

[Adam B]

MikeStroud said:

You’ve summed it up perfectly. It’s gonna double or half in the next few weeks.

Thanks, think I prefer the odds on some of the others you mention

[Hitch]

Adam B said:

I was tempted by BOO for first time today, but need to judge the bottom

Think it might be lower than today given this an hour ago

https://www.telegraph.co.uk/business/2020/10/19/bo...

behind a pay wall but you can see the headline

"Four out of five top auditors snub Boohoo after fast fashion scandal. Shares sink by a fifth as investors fear fast fashion giant could struggle to find a firm with the size and expertise to audit it"

Nobody buying jeggins from BOO gives a hoot about who audits them; the sales will continue and the numbers will bounce back. At some point the CEO and CFO will have worked through all of these legacy issues and the stories will reduce.

[Adam B]

Hitch said:

Nobody buying jeggins from BOO gives a hoot about who audits them; the sales will continue and the numbers will bounce back. At some point the CEO and CFO will have worked through all of these legacy issues and the stories will reduce.

I don’t doubt it, that is not my concern which is why I said I want to buy some. And still do just looking to find the bottom.

As a PI I am rather more bothered the directors could award themselves £50m each out of the profit pool without any remuneration committee / auditor oversight or shareholder vote. And so destroy shareholder value

[Skyedriver]

Adam B said:

Hitch said:

Nobody buying jeggins from BOO gives a hoot about who audits them; the sales will continue and the numbers will bounce back. At some point the CEO and CFO will have worked through all of these legacy issues and the stories will reduce.

I don’t doubt it, that is not my concern which is why I said I want to buy some. And still do just looking to find the bottom.

As a PI I am rather more bothered the directors could award themselves £50m each out of the profit pool without any remuneration committee / auditor oversight or shareholder vote. And so destroy shareholder value

I'm still in BOO although only about 20% of what I have been in. I've made a few £££ over the past years on thwm but worry now that this latest incident is the owners on a Gerry Rafferty.*

• Take the money & run., buy yourself a place in the sun........