The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
Who’s buying on this spread?!
Hargreaves Lansdown
Where can I buy wsl?
I tried earlier on my current platform it couldn't find anything, many thanks people.
https://www.ft.com/content/235b431c-bf4d-4baf-b84a-ff8ab5f45761
Morning Hobione,
Sent on the 31st July, nothing as yet however should anything come through I will keep you posted.
Best
J
I’m holding. Patience is the key here. Has anyone emailed the company to ask them to release details on the holding? Either way I’m sure we’ll find out soon enough. Gla.
Wait and see. Mid Sept deadline. However, imagine MS will be in discussions about buying more than the US arm of tiktoc. There are other apps there that have data security issues, so I am expecting package deal on several apps, including tiktoc. We invested $1m may 2019. Tiktoc gone expo since then. Lets say our investment is now worth £2m times 30 minimum for deal, and divide by two for safety are we are not buying Bytedance out.......MCAP £30M.....vis X7 where we are at just now. Six week investment! DYOR.
Post rec
Can sell for 2p....I did said it was' right ...
Hey Mananan,
Invested last week, research was enough for me on the investment in Bytedance, has to be worth something if the sale goes through, surely?
I could be wrong, I also stated it was high risk and all information posted was from either media reports (with links) or from the RNS.
Who knows what the future holds.
ATB
Gone quiet now. Who paid 10p. Few days ago now you can sell at 3p
Well not we'll. Thing not things.
Atb
Totally agree jpsherwin. I'm not entering an ego contest. As you say it's all about sharing views and it's all personal opinion. Where we'll reasoned its important that be able to shares views. Ultimately investing is a personal things based on own outlook after research. Atb.
This is what the boards are for, let's not drag it down. All research is subjective, this company interests me and I personally see value in investing but it doesn't come without risk, that goes for any share.
GL both of you
Correct I'm not invested, but I was open to it. Just sharing is all. I'm not a serial deramper with any motives. All the best to you. I hope all do well. Regards
Interesting to consider Fukurokuju79's interest in posting. He's obviously not invested.
That's my point value up 20-30% since worldsec invested 1 million but the market cap up many hundred percents. This shares has risen way way way more thanthe underlying value in the investment. Other than bytedance the annual accounts and report basically rules out any expectations on any other investments due too covid.
In regards to your other point the seven billion is relative peanuts if you invested in earlier raises but they invested in the most recent round. When TikTok already was valued almost where it is now.
Facts are there and I hope you all do well but doesn't stack up to me and I suspect as many will lose money as have gained money here. Time will tell. GL all.
Apologies here is the link:
https://seekingalpha.com/news/3598746-microsoft-confirms-effort-to-buy-tiktok-nadella-trump-discuss-deal
Microsoft (NASDAQ:MSFT) says it is committed to try to buy TikTok's U.S. operations, after CEO Satya Nadella discussed a potential deal during a phone call today with Pres. Trump.
Following the conversation, the company issued a blog post saying it would move quickly to pursue discussions with TikTok parent ByteDance (BDNCE), aiming to complete negotiations by Sept. 15.
"Microsoft fully appreciates the importance of addressing the President’s concerns," the company said. "It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury."
Microsoft said TikTok operations under its ownership would build on the popular user experience while adding privacy and security protections.
The proposed transaction has gained the blessing of top Trump administration officials, including Treasury Secretary Mnuchin, as well as several Republican lawmakers, after the president's Friday night comments that he preferred a TikTok ban in the U.S. instead of a sale took all sides by surprise.
Bytedance valued circa $80B to $100B. The $7B raise you refer to is relative peanuts. Not withstanding, the only way to calculate what our interest is now worth is the multiples paid to buy as the premium and Microsoft will pay handsomely as they will also be interested in maintaining a relationship with Bytedance incase other apps have to be sold.
Just out of interest, and given you have said WSL is "way over valued"....where do you get your figures from.....as there is none out there that I can find. Bytedance is private limited co
Bytedance valued circa $80B to $100B. The $7B raise you refer to is relative peanuts. Not withstanding, the only way to calculate what our interest is now worth is the multiples paid to buy as the premium and Microsoft will pay handsomely as they will also be interested in maintaining a relationship with Bytedance incase other apps have to be sold.
https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html
I had a look as this as was curious but....
While TikTok have become a more popular platform recently if you compare valuation estimates of bytedance they've not grown significantly in value since worldsec invested.
Furthermore, and more importantly in some respects, is that if you look into it the 1 million investment made by worldsec in 2019 was part of over a billion dollar raise by bytedance.
It was also bytedances latest round of funding ofbwhich they've had seven rounds and in total they've raised over 7 billion dollars since 2012.
So imo based on this worldsecs position in TikTok will be very very small as the raises are always more dilutive and the funds raised have been for incredible amounts. Worldsecs investment wouldn't have grown as significantly as the rise here so far. That said well done to those in at a penny.
Valued way too high now imo bit momentum may push it up.
Bytedance has tiktok amongst others, valuation of said investment?
Hold on to your hats, we are moving