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Though I’ve just read for funds like this that those figures are right !!!!!!!!! To expect from -96% pa to + 78% pa. Lol
What you might get back after costs
Average return each year
80.56
-99.19%
Unfavourable scenario
What you might get back after costs 3 043.75 848.92 289.09
Average return each year -69.56% -56.05% -50.77%
Moderate scenario
What you might get back after costs 7 219.87 3 844.71 2 044.83
Average return each year -27.80% -27.29% -27.20%
Favourable scenario
What you might get back after costs 17 737.02 18 033.93 14 979.90
Average return each year 77.37% 21.72% 8.42%
Mat. I’ve just had a look at this years and last years KID. They are both way out by the looks of it in the Costs section. They normally have the regular 3 scenarios Poor Return is normally like 4% a year average 9% a year and favourable 15% a year. They have the 3 as ……-70% pa return average -40% and favourable +79% pa how the hell did they pass it last year.
Seed should have been on it Mat. Shows how much the company cares about the sp.
At 1p I will buy as well with doggo and yourself
Get the wife to work and sell the kids to a mill.
Mat. I can still buy or sell Seed through my AJ but I’ve found out only because I’m registered as a HNW / Sophisticated investor. Lol. Really I’m definitely not HNW even though I did have a Kleinwort Benson private bank account in the early 90’s. Lol. Yes really..It came with a cheque book twice the size of any others on the market - but they asked me to close my account as they expected cheques to be a minimum of £5k. each time. I was thinking I was the dogs dang lies. Had off shore accounts and bearer shares just like the drug dealers used to use. Had to go to Gibraltar once a year to collect dividends or buy and sell. By the time I paid for flights I was probably out of pocket. Anyway family took most of that away. I now need £30k a year from shares to supplement my income 4 kids and a stay at home wife. If I buy more at less than a penny like doggo forecasts I should make it back.
Midas,
The issue isn't the Kiid document as first thought it is in fact “Costs & charges”
It isnt just Seed either. There are five other funds with the same issue.
The representative feom both sides were very apologetic and promised to do everything they could to rectify including contacting seed and or Ed to discuss how to move forward.
I was annoyed earlier which is why I stuck my oar in after all its the remit of the Financial Director to settle these matters in good time.
Id rather take action though rather than snipe about it. Ive said my piece and deleted angry tweets where appropriate.
Hopefully its settled soon and those of you that wish to use the opportunity to average down or buy back in can do so while the price is on the backfoot.
You clowns seen unaware of what’s coming. I’ll be picking your stock up at a fraction of current value. The further into 3p this goes the more you will panic.
Jk
Recessions are a necessary evil, cleansing the system of zombie companies.
1973, 1980, 1987, 1997, 2007…..its been an exaggerated timeframe without a significant downturn due to central bank intervention, their will be a time that markets will have to pay the piper. Stocks have been on a ten year bender, a return to the mean will be painful. Ed has had plenty of time to sort leap, it hasn’t been done. He will blame macro conditions.
I think as little of ed, as he thinks of his shareholders….and thats saying something!
Mat. Do they know it’s others AJ Bell also.
This morning I was presented with a problem which wasn't my making. Instead of *****ing about it. I called the CEO of one of the companies and got him to contact the right people at Hargreaves who then contacted myself to discuss it. All parties were apologetic and have promised to progress it. I’ll post an update if they contact me before the market. Have a rest with the slating guys its really boring.
If youre here you may as well be cordial.
Your thousands should help you buy . Oh wait most platforms not letting you buy .
Recession would top this off, but what difference does another 50% drop make . Next year not looking good you are right longlad . He needs to get it done this year . 4 months left . Then 2023 and more excuses .
Crikey gents
‘ Loving the negative sentiment. Keep this up over the weekend and into next week.’
Its amazing how a handful of negative posts on a bb are detracting from all the excellent moves our world class management are doing.
Wonder how Ed’s grooming of alfresco is going, so he can slither out the side door.
If the sp stays on its current trajectory, looks like 3p by about mid May…providing the upcoming recession doesn’t decimate markets by then.
Lol. Doggo. Open your purse and buy some. We all know you’re deep in the doo do here. You still seem to be the only one thinking that Seed are doing a good job even though over the years the NAV hasn’t gone anywhere. Open that lil puckered purse hole and buy some Seed. If you think Leap is a £200m company dive right in here. Ohh. But you also thought Vemo would be the best investment here even though everyone knew it was a sack of Shyte even back then.
i think your sat in something else and it isn't cash :-( you could have a side line going for yourself here, bag it up for your mates garden sure he will take it off your hands, and I'm sure there will be plenty more especially if it reaches your target price, you will be wallowing in the brown stuff from both ends lol.
Loving the negative sentiment. Keep this up over the weekend and into next week.
Sat in cash and loving to see this. Might even see sub penny entry.
Overall message: selling IMO is either people that need the cash right now, or are either too short-sighted or impatient to see it through.
Nobody new comes along here, but if Leap delivers they'll find their way and we can be early.
You're not wrong JK, Yooma is a disaster, but this is an investment portfolio not just Yooma. LGP has really only just lagged the rest of the market and Eurox has been a delight. CLNs ticking over and always a chance Juv performs. Not mentioning Leap there which even if cashed in at the NAV gives the company the market cap right now in cash. Leap is growing exponentially from even 6 months back.
There's been a lot of with hindsight unwarranted optimism from Ed + the bulls here but Leap is a potentially great business. A potentially great business that Seed + Yariv own over 50% of and will want to get paid well. Ed also needs cash to take the fund the way he wants to go. Overall though like I said below, not much needs to go right from these levels.
Plenty of past negatives, and still present ones. Future has to be good from 4p though.
Midas,
Any thoughts on the round sales lately.
Ed has destroyed his credibility with his missed timelines.
Tbh I thought it was still meant to be on for this year as he stated ‘definitely this year’, that was only about ten weeks ago.
@national-lottery how about youse help us fund this charity case on the job training scheme
Yooma isn’t finished yet it’s still worth slightly more than £100k on the bid. Only a few million down on what’s been invested into it in its different forms. I’m sure it will come good one day……Don’t forget Ed’s famous “ Leap will be sorted by Q3 2021…Q4 2021 Q1 2022 etc. “ Oh no not that famous quote the other one “ I wouldn’t sell Seed for £50 million” PMSL. Lol.. Like I said then, of course it’s just small talk- maybe even being sarcastic !
Look at Yooma samval, people believe management can do the damage . I still remember some saying how it’s the best, posting all articles . How it’s bought xyz companies . Revenue of 5 million
He will send all the share holders a personal signed picture which we can put up in our houses . The statue comment killed me .