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Yanis, I make fairly quick decisions if and when I think events change.
I have been in and out of EVE for years (I even fluked a win when I bought in around 90p and got out at 100p plus if memory serves).
The EVE SP can and often does move by big margins and because I have my own personal history with this stock I stay in touch with it to see if I can benefit from it. I have traded it 3 or 4 times since the June for sale RNS for instance.
As a BB generally I have always found this to be a particularly friendly and courteous place to exchange different views.
Regarding shorting this (or any stock), I don't have that facility so have never done so and never will. This then probably leads onto , because you may think I do short the stock, that I have ulterior motives for my posts. All I can tell you is I don't.
I just concern myself with what I think is likely to happen that might affect the SP. I sincerely believe that nothing , absolutely nothing posted on these BB's affect the SP. I think it somewhere between hilarious and unbelievable, that anyone thinks us very small PI's move the SP with what we post here.
On that basis, I give honest views as to what i think may influence the SP as events unfold or my thought process takes me.
Again the fact that people come to incorrect conclusions about my intentions only confirms that incorrect assumptions are made on very little info and that these assumptions are often assumed only to bolster/confirm the view the poster already holds rather than read the content of what i post and maybe make them reconsider their original views.
For instance: Are the reasons you bought EVE in the first place still valid now? If not why do you still hold? Very basic obvious questions that I ask myself frequently on all of my portfolio to take stock of where I am at any given time.
Wyn, I have some time today as all of my stocks are stagnant.
To pass some time, since you are keen in poking other people’s thoughts to promote proper and successful decision making, I decided to poke yours. I hope you don’t mind.
To put a basis for my point I looked at your last month’s LSE posting history:
EVE…..…. 54
AVCT……. 31
HE1…….. 11
WOSG. ….9
AGL…….. 7
SN……… 2
GLEN…… 1
You have already made it clear that you are not holding EVE stock, the risk of holding EVE is unacceptable to you, yet the largest number of posts by far is on EVE, 47% of posts. The runner up is AVCT with 27% posts. WOSG which you promoted a few posts below only gets 8% of your posts.
Would you please explain your thought process that leads you to post considerably more posts on a stock that you don’t hold than those that you hold.
The obvious answer to this is that you are going short on EVE, this is what most people would think. Are they correct in thinking this? Would you please enlighten us.
Pingu "..but it’s a seriously tedious read for investors haha. Can anyone give us an idea of share price targets? Estimates timescales to an offer? What is plan b if no offer?"
I agree there is quite the element of tedium to the exchanges I get involved in, but todays problems investors have here with EVE will be resolved one way or the other over the coming weeks and months.
Plus most here will have a portfolio of other stocks too.
What is more important than the specific ups and downs of any particular stock is how we deal with those situations.
Thats why i try to probe other people idea and thoughts.
The process of how you pick stocks, the plan/methodology the individual uses, their actions when events don't pan out as expected, these are the crucial areas when looking at making money in the stock markets.
Its a game (like most), that is played between the ears.
I try to highlight the psychological aspects of the process that most get afflicted by in case they are not aware of it.
The assumptions made (usually baseless), simply to confirm a pov, that these BB, encourage by being for the most part echo chambers. These aspects usually, universally, damage the successful decision making process.
But yeah, it does get tedious....
No worries D-G; after CC & Co spending nearly 8.5 million in two years to leave only a few quid in the bank sure they will spend the rest of a boozy lunch and may as well just take the afternoon off! If the business had just closed with 8.5 million cash plus stock etc and they just took the last 2 years off would the situation be better or worse than now?
Last word. I win!
Wyndrum, lots of words being used between you and investinme but it’s a seriously tedious read for investors haha. Can anyone give us an idea of share price targets? Estimates timescales to an offer? What is plan b if no offer?
In terms of your q about the price being held down when buys are 2 to 1 I’d agree, that’s how I see it too. But I also saw us moved up by the same MMs the last few days on minimal buys. So I think the daily moves are just swings and roundabouts personally.
I hope for someone to offer of a buy out or an equity stake but of course have no idea really what will happen. There is definite upside potential from here but also the risk of complete loss. So it’s a big call to make! 2.5% of my pension pot says they won’t sink!
You pays your money and takes your chance. For all this invested with much higher averages I hope beyond hope there’s a materially positive offer due or an action plan of sorts that can give EVE the chance to restructure and grow!
(I hit the send button a bit early... sorry..) the SP
As to why there is a 5.56% fall today. I don't know.
Logic says the MM's want to discourage any more sells as they have now enough/too much stock and by also lowering the buy price it will/may encourage new buyers to come in.
(I don't look for conspiracy or convoluted theories and unless I have some reason to think differently, use Occams Razor approach to events)
Personally I have found that level 2 data is unreliable in determining likely future SP movement, and as a result, because I can't use it to help me make money I ignore it.
If one is just looking at buys and sells (ala LSE) then its my understanding its based on an algo, which does not seem to be accurate (enough) in actually determining what is a buy and what is a sell.
Plus there are many after hour transactions and some are even reported the following day. So given the inaccuracy of knowing what amount buys and sells are even taking place it seems a pointless and fruitless task as to what info is displayed to be able to draw any meaningful, helpful info from it.
And finally in a more general sense, every buy has to have sell (and vice versa), So if someone for instance bought a million EVE shares, is that a sign of confidence? But what about the person who sold the million shares? is that a sign of bad things to come?
For all of the above I have never bothered giving any weight to that particular indicator. (I don't like Volume as a related indicator either, for many of the same reasons)
Wyndrum.. in the spirit of good faith .. perhaps you could offer your opinion and wealth of experience on why the share price at this precise moment is off 5.56% today when we have 2 buys to every sell almost exactly. It’s not a trick question…
There’s no immediate urgency to respond.. in your own time please.
#buy&hold in my opinion. Kindly DYOR.
Invest,
Assumption no 1: I am prickly (No, just a bit tired/frustrated with people jumping to incorrect conclusions as to my state of mind
Assumption no 2: That I don't want you to post. (I just asked for you to explain your thoughts/reasonings as to why you come to the conclusion you do against general market expectation.)
Assumption no 3: Clearly signs of a troubled childhood.... really?
Inaccuracy No 1: I wasn't pointing out anything about your character. I was simply trying to highlight how your posts come across when devoid of any context. thats all
Inaccuracy No2: "it’s been a genuine pleasure schooling you." you didn't and you haven't
Plus I am not sure what words I have twisted.
But I did ask you a question which you did not answer: "Its my belief that we may well witness a deluge of highly active buying over the coming hours and days .. #buy&hold. GLA"
That was nearly 3 weeks ago, what happened? what made you think in the "coming hours" there would be a deluge of buying activity? Why, having made that statement do you refuse to discuss it?
So, rather than have a pop at me, why can't we just discuss EVE and the basis of your views?
Wyndrum.. now who’s getting a little prickly then..
Thank you for pointing out my character flaws .. I really do appreciate it. And apologies in advance old chap if I continue to post on here .. if it makes you feel tired then go and have a little nap.
You are quite masterful (you think) at twisting words into your own version of events. I can’t see anything I’ve written that reflects either positively or negatively specific to the share price. Just a general observation of how you roll in my eyes.
And no we don’t know each other.. praise the lord.
Incidentally.. horse number 3 just won the race ..
As for you exposing peoples flawed logic .. I’m sure your harem of trusted followers are forming an orderly line as I type waiting in anticipation of your discoveries and opinions.
That’s all for today .. it’s been a genuine pleasure schooling you.
#buy&hold.. in my opinion. Kindly DYOR.
Ok, but I get a bit tired of this.
You have done this for a while so you know a share price movements is nothing to do with "positivity" or "negativity"
You also know that the SP only has a fleeting relationship with the company.
As for me being "negative"..... How has the SP price performed since IPO and over the last 6 months?
If I (or anyone), has a view that the SP is more likely to go down than up and it does, then how is that somehow negative in the sense that it is a bad thing to have posted?
As for me thriving on having the last word, well, I see these BB's as a forum for discussion so you naturally have an amount of to and fro.
I, for better or worse, will outline my thinking and respond to others views to either dig a bit deeper into their thought process to see if I can learn something, or potentially expose their flawed logic.
Normally I "have the last word" because the poster refuses to answer a query I have.
You are typical.
You post your opinion with no reasoning.
It is like a stranger (which you are) coming up to me at a race meet and saying horse no. 3 will win the 2:30.
So what? I would not bet on that, and if it happened to you you would not either.
But if you said you think Horse no.3 will win because the trainer has only one horse in the meet, the jockey is a very good one, the ground suits the horse, it prefers left hand bends and its last 3 races show its coming into form, then I might give it some more consideration.
But you don't do that do you. You avoid any explanation of your pronouncements.
But as you say, do what you like but by your tone and lack of any supporting thought or links, I have no idea why you think anybody would listen to your views, and if you think that too, then why bother posting at all?
Wyndrum. I only get a “little prickly” as you described it when someone misquotes me or puts words into my mouth.
Like you, I have read through all of your previous posts on this chat board and others.
What you choose to say or do is up to you.
Likewise what I choose to say or do is entirely up to me. Words alone are meaningless. Life is a program of action.
I could sit here and pick apart a deluge of your posts and outcomes .. frankly I don’t have the time or the inclination.
What I can say is you do seem to thrive on having the last word, belittling people and generally being somewhat of an irritant in my opinion. Clearly signs of a troubled childhood.
I wish you no harm .. however we are singing from entirely different hymn sheets.
Negativity breeds negativity. That’s not my style..
Have a good afternoon.
Invest, rather than get what seems a little prickly about some responses, perhaps you could just include your thoughts and reasoning as to why you come to the conclusions you do?
I'm not trying to be confrontational but by going stratight to the conclusion without any explanation it is hard to put into any sort of context what and why you are posting:
For instance you said on the 28th of July: "Its my belief that we may well witness a deluge of highly active buying over the coming hours and days .. #buy&hold. GLA"
That was weeks ago. so what happened? As I say I am not trying to be confrontational or argumentative, just that showing your workings would I think be helpful to most here.
Jackbal…Unless I’m blind (no disrespect to any blind person) I can’t see anything in my comment that says “know”. You have inserted that not me. Furthermore I haven’t claimed anything… Do yourself a favour please … don’t try and misquote or contort anything I’ve posted below. Thank you.
If you claim to “know” something surely that’s fact and not opinion…
Buys v sales as at the time of this posting are almost 2 to 1 yet the price is being subdued…please give that some thought.
#buy&hold… my opinion and my actions.
No, i’m Alan Rosenthal!
Morning Stxx/ Ping…
“I’m Alan Rosenthal!” (As in “I’m Spartacus!” :))
Have a good day! #buy&hold
Ronnie's brother, I told you! ha
But seriously, no one with 1% holding 'averages down'. Averaging down is a mugs game. Invest with conviction and if you believe some sort of success is around the corner.
Ronnie's bro sees success topping up as he is.
I think EVE has a reasonable future. Its a gut feel, brand, product etc. Expenditure just needs managing properly!
DGU- IMO, I think the management has done a good job considering the situation. They have increased sales despite reducing marketing costs significantly YoY. Marketing is much more effective than before. They are heading in the right direction except I think the major problem is more of a macroeconomic and competitive landscape driving discounting and also inflation headwinds which reduces margins. I do think they need to rethink Amazon and try to partner more with retail to increase sales. GLA, IMO.
Holdings RNS out.
DGU, you do realise costs have increased?
Sales only dropped 15% compared to last year ( which was record year) but up 7% on 2 years ago.
So where all the bank cash gone? ( Shareholders cash btw).
I assumed they earmarked capital for marketing purposes based on predicted sales
Then the sales dropped
Thus resulting in marketing overspend
This chasing of growth is an expensive business.
Should EVE not have ring fenced capital and only spent what was at most coming in?