We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The most important thing is for sentiment to return. It doesn't matter if the company is undervalued if people don't want to buy the shares because they're worried about further falls. The trolls on this board aren't helping with the constant scare stories of this reaching 25p. Of course this is exactly why they are here. They don't want people to buy. They are shorting this stock and will make profit if the price falls. They will then close their shorts, buy their shares and start ramping from a different account.
Don't go. Please don't go.
Ok looks like I hurt lot of people with my honest views.
I won't comment here I promise. Glad I part od the Discord group where grown up adults change their views whether is positive or negative we keep it polite and respectful there.
Have good weekend I am out from here.
SABY16, Do you go to the same primary school as FBT1 ? Cos the amount of S**T coming out of you today is F*cking truly shocking, so much so that you two better watch it or you'll both get detention if you carry on !!
PRI*KS!
@racingcyclist
Many thanks for all your posts which are all sensible, logical and see the bigger picture. I’ve filtered most of the trolls as and when they pop up on here so now they’re mostly green coffins to me. Have a relaxing weekend. Z
Matt hi
Firstly I also feel you pain. Many here in a similar position this week and all relative to the individual, whether £1.5m, £150k or £1,500.
My own pov is that I am surprisingly relaxed for 3 reasons:
1. this is completely normal for crypto
2. the company is being built for the long term
3. we have done the numbers hundreds of times and they keep coming out at many multiples of today's SP
Tough to believe right now but if you know what you have invested in company wise and believe in BTC / De-Fi / blockchain, then all is, IMHO, good here. Massive fluctuations are normal. If this were Unilever/IAG/Tesco I would be genuinely worried. But this is crypto so actually to be expected.
Also interesting that of all the people who come on here saying "it's only worth 25p/50p/75p", not a single one has been able to show their workings. Whereas there are several serious investors here who have shown every element of theirs when getting to £7-£20 forecasts.
The world is IMO having one of its great shifts again courtesy of BTC and blockchain. It is a wonderful yet inevitable result of some recent inventions:
Invention of internet (online world) + mobile phone (personal freedom/mobility) + 2008 financial crisis (lack of trust in financial system) + ongoing QE (devaluation of FIAT) = BTC/Blockchain/DeFi.
We are, IMO, very very early in the understanding and acceptance of this. And I probably missed quite a few big things there as well btw.
Many people will not get it until it is far too late for them and many who have taken a punt without really understanding ARB will get scared and sell. That is what has happened to some degree this week IMO.
It isn't easy of course. If it were everyone would be rich.
Wishing you a good weekend
RC
Yes I sold out 200p than since back 185p. Didn't post it here. I apologise for that. Stated on Funnky's Discord group.
You are correct to call me out on that.
Pathetic derampers forget we can look at their post history:
@saby16
15th April 09:48
“It has been great fun But I am out for now. Taken a big hit £25k may regret but this was my decision. Looks like this has no support and the videos just don't cut it anymore.”
Pretending to still be ‘in’ and a ‘concerned investor’ is tragic and sad.
I think SABY is right on one point, that a sharp BTC retrace could cause carnage here and see the share price fall much further. It isn't do or die though and the fundamentals will still be there. Over the long term all that matters is the success and price of BTC and any other crypto related investment.
That is why Pearls is here, creating fear and praying for a retrace in BTC so as to get bargain basement entry.
Are you joking. Surley. It is no deramp why would I deramp. This is my personal situation nothing more nothing less.
One thing I don't want is this to go further down as I have no spare money to top up.
... maybe we could send PW a red hoodie, maybe dye his hair red - would probably keep his mind on the job.
17% shorts did i read - what can be said about that?
Ignore Saby too, he's the king of subtle de-ramping. I pray for him.
To the rest of the people on this thread, remember in my post I said about the de-rampers, straight away we have some f**k wit who thinks that they know what to do best with my shares more than i do!! F**ucking god give me strength. If you think that the shares are worth 25p then you still clearly have not reached puberty yet as you have a lot of f**cking growing up to do!!
“ Now so deep in the red, can’t bare to look at my trading account today but circa 150k down. I’m
not selling as that would crystallise the loss. I do however have faith that we are at or near the bottom and brighter days are coming. It’s very hard at the moment to stay positive but I’m trying to keep a glass half full head on! Atb, let’s hope for a much better week next week.”
I have been out today so I’m just catching up.
This is a very good post, and one that I’m sure gets many current investors empathy. Many of us that came later and have shown faith in this company and have bought many times to o lay sit and watch our pots deep in the red.
Many long termers aren’t going to like this, but that is my biggest issue with Peter and the team here.... They won’t feel this pain unless they own shares they have bought in good faith with their own money. Not options, not bonuses, but hand in your pocket stuff and become the same investors as us.
This is why I didn’t like them selling and this is why I think they should be showing the same commitment now and buying in on the open market. They didn’t even take a position in the recent placement.
As I’ve said before ( and more so now) I have £300k reasons to believe Peter and the company are doing the right things, I just personally would like to see them feel what we feel. Maybe the videos would be then more about strategy and growth and creating investor attraction rather than haircuts and dogs!
HODLing until the end
Tp
Well we just timed it wrong really. Beginning of March looked like a nice retracement from the previous high. How wrong we were, hindsight is good thing. 4 weeks earlier or 4 weeks later we won't be so disappointed.
Now we have to wait, people say we were here but I disagree in January retrace was mapping the Bitcoin from 42-28k than the run up to 58k when we peaked over 300p.
I feel this is different now and to be fair a hell a the lot more worrying for me personally. Time will tell.
It is do or die now. God help us there would be no major Bitcoin retracement anytime soon because that trigger an even bigger carnage.
Pray.
"In July 2020 this was valued at 3.9p.
At that time BTC was valued around $9k.
So I recon ARB, without all the hype should be trading at around 25p."
If you read the company's monthly reports and take into account the cost of mining each bitcoin, you'd understand that, with BTC at $9k, their net profit was probably $2k-$3k per bitcoin, whereas with BTC at over $60k it's over $50k per bitcoin. Hence the rise. It is more than justified.
At 25p, the company would be worth less than the value of all the bitcoins they'll have at the end of this year.
Spectar, FBT1's advice is sell as he values Argo at 25p. This would probably be less than this years profits, DYOR and if unhappy then sell.
FBT1 it's synch, not sink. I don't understand your analysis, but I also don't care, so it works out.
@BristolDan, thanks for the message and don't beat yourself up, my ISA timing was equally unfortunate! Other than miners, I'm still in AFC, PHE, EUA and have been topping up recently. It's nice to have a few companies in different sectors that you can trust to help shift profits (ideally!) back and forth as things ebb and flow. I don't profess to be a smart investor and often trades don't work out as planned but trading, rather than holding, is something in not used to so this year I'm open to learning from mistakes... hopefully ones that are not too costly! Good luck and thanks for saying hello :)
Spectar.
I’d sell up and buy the land mate.
This was always built on hype.
Moved totally out of sink with BTC price a long time ago.
In July 2020 this was valued at 3.9p.
At that time BTC was valued around $9k.
So I recon ARB, without all the hype should be trading at around 25p.
Let’s remember it was trading round that level only 4 months ago.
So do yourself a favour and set yourself a stop loss mate.
IMHO.
Matt007 I am in the same boat as you all are but only 4 figures in the red, with a weighted average of £1.80, with my last £1k buy in on Thur's at £1.70 so only £6k invested here, after reading all your comments this may seem like peanuts but it is not too me as it is 25% of my portfolio. I also put some of the wife's money from her ISA into ARB & promised that if it went south I would pay her the difference back so it is a double whammy for myself.
I just hope & pray that it at least gets back to some sort of normality soon, then i will stop stressing so much even though I am keeping mine in for the long term, the wife doesn't want too as she wants to buy a bit of land for her and our daughters horses to prance around in!!
The fundamentals of ARB are sound with no debt, also with the price of BTC on the rise this share should be a no brainer but now will new investors see this share as a steal or will they see what has happened and are staying well clear as they are afraid it will just keep on dropping.....I don't know the answer, nor do any of the de-rampers. So do NOT listen to them, keep the faith in the share and it will bounce back somehow.
No it's a reminder that bitcoin is up 800% since last March and Argo is up about 4000%. At £2.50 a month ago Argo was up about 6000% in the same period.
Nasdaq is not essential whatsoever, what is essential is for bitcoin to continue on its journey to normalisation and mass market adoption so as to give confidence of Argo's ability to generate long term sustainable profits.
Considering BTC is at all time highs the above price is a reminder for me of how NOT well supported this share is.
I am not too concerned as BTC is still on its journey. Any dip and this becomes the Big Dipper again.
Nasdaq is urgently needed for any stability in Share Price, which is what any long term investors deserve for sticking with this company through the difficult times. Peter take note of this we need Nasdaq.
It moves quickly when it does, nothing to worry about, hold it will come good.
SprogBarnes,
Like you most of money went into the same companies as I recognise your name from the other boards AFC Energy (AFC) and Powerhouse Energy (PHE). Both went down 70% and have now shot up through the moon and will keep going. I am happy to sit on my hands and watch the show with both these companies whilst I look for new opportunities.
I have now put a huge investment into ARGO and think it will show the same pattern. Unfortunately looks like I topped up at the wrong time, got too excited when the next £20k Shares ISA become available, i think it has dropped every day since, lol.
It is all about the big picture and where the world is moving, Hydrogen, Blockchain's and crypto currency is ticking every box.