Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
For crying out loud.. for the last time, imo the company has changed the name to early.. if we had no tangible news till around the court case, then we should of changed the name next Tuesday for example, instead it’s created uncertainty.. 3-4 weeks is a long time with out news.
This is my opinion, which I’m entitled to. I still have 2.2 million shares, not sold one share, fact!
I’ve arranged down as much as I feel comfortable with until we get some news.. I’m not trying to in cheaper, I’m certainly going to short my own Stock! Incidentally I’ve never shortened a stock in my life, I don’t believe in it., the clues in my name.. the silence has been damaging, fact! In the meantime we are in lap of Bitcoin.
There was massive buzz around this company, which I’m sure has great potential, but the momentum has been squashed by the company because of radio silence since the name change.
Regards
BP
This is a QUANTUM COMPUTING CO - If still unsure read the title of the company and read the NEW website.
‘Quantum Blockchain Tech”
Devil is in the detail
Does anyone here know if the CEO is waiting to update us after the court case results?
He must be confident of getting some cash and it would make perfect sense to have all that money before updating the market.
No response yet from email.
Gents,
Not shared this before, but may explain what I have been reading into past few weeks.
Will explain why QUANTUM is far superior to CRYPTO mining and why I have been adding under 2p.
Why QUANTUM stocks will leap frog the CRYPTO mining stocks, when the MM’s/ market latches on.
The paper was written by the TOP 4 Consultancy - Delloitte US
Article was shared by a source, but is available online.
Quantum computers and the Bitcoin blockchain
An analysis of the impact quantum computers might have on the Bitcoin blockchain
One of the most well-known applications of quantum computers is breaking the mathematical difficulty underlying most of currently used cryptography. Since Google announced that it achieved quantum supremacy there has been an increasing number of articles on the web predicting the demise of currently used cryptography in general, and Bitcoin in particular. The goal of this article is to present a balanced view regarding the risks that quantum computers pose to Bitcoin.
It will answer the many questions some may have:))
https://www2.deloitte.com/nl/nl/pages/innovatie/artikelen/quantum-computers-and-the-bitcoin-blockchain.html
Enjoy...
My average when we hit 4p was around 1.8p, i didn't sell and i don't think a lot of others did either.
Instead we probably topped up, i've already said I did.
But a lack of news and progress has tempered enthusiasm and surely FG knows that his investors need to and should be informed of their investment and faith.
Please don't perceive posts as negative as they aren't rubbishing the company.
They are simply asking "what are we doing?" and as has been said before, not through social media but through the official RNS route. I don't know how much that costs but i've invested in you, invest in me please.
Hype on social media may drive the price up short term but it's official news that will keep it up and take it higher long term.
Patience is easier when you know what's going on, when you can see whats's happening.
At this moment in time, i know nothing concrete of how we are moving forward.
Okay some of you have got a reply from FG via email and are happy with it but what about the rest of us?
Positives and negatives both are of equal value and must be heard to see the whole picture ... and just to be clear, this post isn't negative, it's crying out to be informed ... anyone should be able to appreciate that, FG certainly needs to.
Yeah and I'm still keeping the faith :-)
@figtreeharry. Thankyou for your measured reply. The truth is I wouldn't be honest if I didn't say what I actually thought about this company, and I also wouldn't be honest to not say that I have been trading it, albeit in small amounts. The two positions are not incompatible. In fact that is the very nature of investing in these markets as it is often what you can 'collectively' get enough people to believe rather than any real relevance to the truth. RKB has always known that (swelling the herd etc). I genuinely don't want anyone to lose money on this or any other investment, I just sometimes get to the point of reading so may posts that are (to my mind) so disconnected from any reality that I have to post what I think, regardless of whether I happen to be holding at the time or not.
I could make the case (with the same information that others can freely view on companies house etc) that this is a company one should avoid at all costs, such as the auditors report on the latest set of Brainspark associates accounts ( for example). I could argue you have been fed false information for years(by those acting entirely in their own interests). But all the information is out their for you to make your own minds up.
So from me I can say that IMHO all litigation/court cases etc on completion (eventually) will effectively cancel out a portion of the current and historical debt, but no more (and that's a best case scenario) and the £1m or so raise by the JS investment will effectively allow FG to spend a few years in his garden shed fiddling with some old ZX Spectrums whilst dreaming of ballerinas and being an F1 star.
Final note, before I zzz...
The MMAker confusion (possibly wider market) that it is still a 100% minor/ crypto stock (follow BTC movement)
This confusion has served as a gift for the wise and knowledable investor past week or so. Because it is not.
Once this is finally understood and the wider PI market suddenly latches on to the difference between QUANTUM AI v CRYPTO
QBT valuation will shoot up.
Watch.....:)
Good points Tri and HappyMike.
I’m comfortable with my current decisions here and will add as/ when capital becomes available under 2p.
A few weeks ago I had sidelined capital to buy at 2.9p, seeing it had touched 4p. So of course happy as Harry, I mean Larry..
@Trioodman. No its not just you I don't get it either, unless it is a deliberate ploy as part of a shorting strategy.
Either way I think the simplest and possibly most effective answer is to do the sane as you would on Google to rebuild rep. Which is ignore the negative posts, and repeat post all the positive and well constructed arguments
Entering into a dialogue can quickly end up helping the shorter, or negative poster, especially for those investors who are easily put off by discord.
I would suggest not repeating anything negative, even if you are trying to counter an argument.
All the best
Because we didn’t expect to wait this long after changing the name for updates... unfortunately it creates negativity and uncertainty... before you know it 50% is taken off your investment as people start moving on..simples
What baffles me, is why people remain invested in a company that they have such strong, negative feelings about. Surely if you're able to leave the table and have your chip stack intact, isn't it better to find an investment that you're happier with and doesn't give you bad vibes or angst?
Everyone is entitled to an opinion and to voice it, but I just don't understand the logic.
Or is it just me?
LtdAxis,
To clarify, so you are not fully invested at current 1.7p?
Other than £1.4k, which I just noted sorry.
You wrote:
The reality is this is a multi faceted farce of a company , mired in debt and historical litigation that has ( in my view) shamelessly jumped on the crypto bandwagon to try and engineer an escape route from its historical legacies .
If anyone has the patience to take a step back and objectively look at what actually makes up this rather shambolic group of companies at no. 22 then you might well think twice . In fact you wouldn’t need to think it’s that obvious.
FACT: No company (this small) would ever walk away from a potential $20m payout.
FACT:
CEO’s / CHAIRMAN background is in ‘Quantum/ physics” - someone clarify?
The pandemic:
How long has the global pandemic been going? 18 months (since end of Dec 2019)
Did it affect corporates and businesses, travel companies, tourism, manufacturing, construction, real estate? Yes
Did global businesses go bankrupt? Yes
Have companies diversifed since? Yes simply to survive.
Have businesses reinvented themselves? Yes, many forced to - Times have changed.
You also wrote:
But of course none of that really matters on AIM because as long as a bubble of expectation is created then the price will rise and then fall for no other reason than change in sentiment, often based on spurious facts or false hopes.
For that reason it’s fun to trade but I think the amount of twaddle peddled about this company is laughable. It’s a sham through and through. Btw I have about 85k shares &1.7p average .
...FACTS:
Sorry to break your arguement down without fully understanding the global pandemic, which region/ countries were highly affected, how all businesses have had to re-think the future, accept major delay’s in all court cases, ( incl: cancer cases, operations etc are all delayed)
The QBT court hearing is in ITALY where the covid pandemic was gruesome and deadly, the Italian Govt closed the country down incl local jurisdictions. I stand by this, as a 9 week delay and the 18months of the virus has had an effect on many companies to resolve issues. The LSE is full of compnaies who have had court cases moved, change of business.
Easy to pass judgement without clear FACTS. Evrything has happened for a reason beyond their control.
Good luck with your investment.
FTH
Completely agree.
Spot on. We just have to hope that there are more people like us out there who have money to burn on highly speculative blah blah blah. I still haven’t had a response from FG to my last mail and my fear is that this just turns into an academic R&D escapade for him which let’s face it burns cash and doesn’t generate revenue. It’s a little like supporting my football team who now play in league one, each week we wait for a great performance and each week it’s same old same old. The only difference being I will always support my football team but not FG if he doesn’t soon respect us shareholders and deliver some concrete news.
Hi Ltd, of course you are right when you say "The problem here is that investors have nothing concrete to buy into "
Which is some thing that does urgently need to be addressed .
However that does not takeaway from the fact, that we are on the cusp of so many potential revolutionary developments in biosciences, quantum physics and computing, plus of course AI.
And who is to say that FG ,who has an excellent background in these area , with longstanding relationships with some of the worlds best academics, is not the man to capitalise on some of these opportunities.
Personaly I am happy to stake now nearly £50k at just over an average cost of 2p, on the belief that he can do this.
But of course I fully accept your thoughts are at this stage just as valid as mine. We shall have to see who ends up closer to the eventual outcome :-)
Thanks Mike,
I had to convince myself first and this is the real deal.
I don’t dabble in crypto nor alts. So not affected by price fluctuations etc.
I had switched to US quantum computing stocks over the past 10 days on alert and what they are working on. Research is important here.
I checked our own QBT website today and resonated to me the strategic similarities, can conclude SCHAIF made a valid strong point, moreover the Quantum stocks are all BLUE ++++ past few days across the pond, ducking the trend where crypto’s are dilly dallying with Tesla divorce. Once the market realises this incl the MMS, they will suddenly switch their stance.
I added today prior close, UK is always behind the US, and this is no exception, happy to share any info as I research, however Schaif is spot on here.
This stock should be up going forward in leaps and bounds with or without crypto distraction. Different beef
Quantum QUANTUM quantum QUATUM = Super fast calculations, mathematics and physics.
This is the future and where quantum and AI (5g even) is all about. Super-Fast computer processing. And in demand globally.
The QBT website is very clear on the quantum aspect and if anyone needs anymore convincing, click on the new website.
I am following the US quantum stocks daily, as this is my gauge now, and they are rocketing, not crypto. Although I watch crypto for the sake of it.
For me, this is now the time to build/ accumulate whatever you might call it. I have been clear. Sub 2p was God sent. Never expected this opportunity.
MM’s have failed to pick up on this blip, by following the BTC movement - faux pas?
The problem here is that investors have nothing concrete to buy into . A stand alone new company with the specific aims of getting into quantum computing and all its associated spin off avenues would be fair enough , although one would still like a bit of detail on the direction before deciding to invest .
The reality is this is a multi faceted farce of a company , mired in debt and historical litigation that has ( in my view) shamelessly jumped on the crypto bandwagon to try and engineer an escape route from its historical legacies .
If anyone has the patience to take a step back and objectively look at what actually makes up this rather shambolic group of companies at no. 22 then you might well think twice . In fact you wouldn’t need to think it’s that obvious .
But of course none of that really matters on AIM because as long as a bubble of expectation is created then the price will rise and then fall for no other reason than change in sentiment, often based on spurious facts or false hopes.
For that reason it’s fun to trade but I think the amount of twaddle peddled about this company is laughable. It’s a sham through and through .
Btw I have about 85k shares &1.7p average .
And what will a 220 mil mkt cap put QBT share price at? Nice...
Quantum computing — or the use of quantum mechanics to create a genre of next-generation quantum computers with nearly unlimited compute power — has long been a concept stuck in the theory phase.
But quantum computing is starting to grow up. Recent breakthroughs in this emerging field — such as Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) claiming to achieve quantum supremacy in late 2019 — have laid the foundation for the quantum computing space to go from theory, to reality, over the next several years. This transition will spark huge growth in the global quantum computing market.
The investment implication?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
It’s time to buy quantum computing stocks.
At scale, quantum computing will disrupt nearly every industry in the world, ranging from finance, to biotechnology, to cybersecurity, and everything in between.
It will improve the way medicines are developed by simulating molecular processes. It will reduce energy loss in batteries through optimized routing and design, thereby allowing for the creation of things like hyper-efficient electric car batteries. In finance, it will speed up and optimize portfolio optimization, risk modeling and derivatives creation. In cybersecurity, it will disrupt the way we think about encryption. It will create superior weather forecasting models, unlock advancements in autonomous vehicle technology and help humans fight climate change.
I’m not kidding when I say quantum computing will change everything
@figtreeharry . Thank goodness for your post, as I think there has been a lot of ambiguity re the direction QBT uk is going in.
Hence this recurring miss-understanding that QBT is a crypto/mining stock, which I think is worrying potential or current investors and draging the price down.
FG has repeatedly emphasised the focus on monetising advances in advanced computing and mathematics some of whose aplications would be the creation of faster, more efficient and less resource intensive systems powering blockchains, such as Proof of Transaction. Which would indeed make some crypto currencies based on these developments more attractive to investors.
But crucially would have far wider aplications than simply mining coins.
Researching the stock closely across the pond, gives me confidence:
‘Quantum Computing Inc. (QCI) is focused on developing novel applications and solutions utilizing quantum and quantum-ready computing techniques to solve difficult problems in various industries. The company is leveraging its team of experts in finance, computing, security, mathematics and physics to develop commercial applications for industries and government agencies that will need quantum computing power to solve their most challenging problems. For more information about QCI, visit www.quantumcomputinginc.com”
Currently up from 4p > 7.7p + 77% past 2 days
Today 7.7p+ 55%
Mcap =$220m
Not much difference to what Some expect QBT to follow.
Similiar business
QUBT +49%....
Ignore Crypto BTC movement for a moment, quantum US is breaking the trend...
Up 48% today alone.
Today in the UK.
Have to be a tad bonkers to sell at 1.65p. (Unless of course you need the funds badly. And I get that).
There is so much company business update to be shared and revealed to the market.
A buy at this level?
With Risk v Reward applied - yes imho
The rise back up would be rapid when it’s decided by MM’s, have to be close now along with larger sideline BUYERS piling into QBT. Volume would increase 3 fold.
Ignore the current market trend and go with your instinct (buy / hold onto what you can afford safely)
Buy when others fear. Ask how far QBT quantum tech could go from here.
And wait...
5-10p is foreseeable from 2p.
Patience is being applied, brighter days are ahead of us.
(Always my own personal opinion always)