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I filtered the idiot as soon as I saw no value in his drivel. Best not to engage with these people.

Mks is waiting for evidence, nobody will buy on hope at the moment. I believe the strategy is a good one and MKs will be a different business in the next 12 months. HoF, Deb even John Lewis have shown the days of the department store are over.

Food is fixed with Ocada and a strong quality brand a winning combination. They need to dump furniture, over priced rubbish mostly and aim their clothes at clear demographics or dump them too. Next and Primark own that space at the moment.

A lot to do but this is a share to accumulate at these levels in my view

I do accept the board have made a hash of things in recent times and that the typical town high street is a relic waiting to die but the current strategy seems the right one for the right time. Sometimes unforeseen circumstances can be the stimulus needed.

Share price will stay sluggish until they can show improvement as nobody will be buying retailers on hope. That said, and the risks accepted, I believe the potential upside, as long as they do not mess it up, is huge. That is why I am buying on the dips but also limiting any ultimate holding to a maximum of 5% of my pension.

So, a USA based investor has now come out of the shadows and become a 5% plus shareholder. I believe the investment case is so strong here. Huge downside if the management get it wrong but US investors will ensure the board maximize value.

I own 25k shares at 97p average and will be adding on dips.

From stock market noise continues..

Although could not resist a couple of small top ups yesterday.

For what it is worth one of the paid investing services I subscribe to suggested going 75% in on a leveraged SP ETF last night. Think I will pass but the point is that generally the professional investors start buying when the majority of individual ones are heading for the hills.

Stay strong and ignore the horrible nasty masked trolls on here..

Totally agree with your synopsis @dagnamit.
They are putting all the pieces in place before going live.

I have just launched two new services into the UK that have been 12 months in the building, thankfully as the 100% shareholder I did not have to provide detail of the project timeline to anybody else but me.

https://www.energystorageexchange.org/projects

I would take £1 if offered today.... bird in the hand.. and have a party too!

Would like more obviously but I am sure £1 would allow many on here to retire very comfortably?

Got to agree with Pdub, who to be fair did take a lot of flack for defending his SP ratings. JM has never stuck stupid prices on this business only ones that should be achievable. What JM (or nobody else) does not know is if and when the company will deliver on its potential. BUT the point is, they have the potential to hit that price.

Last year was a unique year given the unexpected collapse in the price of V and the over expectations ramped up on here. Currently too many traders have a sub 20p anchor and are waiting to buy because of this view, hence the amount of stupid comments being made.

As such I remain very confident with my 2020 75p target price

Just typed and deleted a long note, instead I just recommended faramog’s post...

Okay, will leave you all in peace to discuss how great BMN is. I suppose it does no harm at all to tap away with these discussions as many will have no idea of the overall potential and how significantly undervalued their current assets are.

Have a good day all.

Mosaic and Nutrien can produce 35M tons and they are currently mothballing capacity!

There is currently a glut of phosphate from the 3 biggest producers in the world and the price is very depressed. I know, because I own shares in one of the biggest, Mosaic. Their production dwarfs anything BMN could produce and their cost of production is world beating. Mosaic is the largest finished phosphate and potash producer in the world, just ahead of Nutrien, then there are a few large ones around the world. Sirius is a minnow, a doubtful minnow at that. Lets stick to V and VRFBs...

A post yesterday which I believe Sanchez called out? A total disgrace and why I now hate the AIM market. This is strictly regulated by the LSE who obviously do not believe in morals or ethics!

I recall someone suggesting there was a large number of 'investors' waiting to jump in once the SP was pushed back down?

I wonder if this is the crew who stamped 18p all over this?

Really hope they end up paying 25p!

No James, it is not hard to research and select 20 or so investments, especially if you subscribe to other independent research. It is also not luck, I had no idea last year if BMN was going to double or go down 50%. If it had doubled I would have lost out you are correct.

Some numb nuts just follow the herd and hope it works out, others have a plan, not aimed at anybody in particular of course.

NOT FINANCIAL ADVICE - I have always made it clear that personally I would never hold more than 10% of my portfolio in any one single company share, regardless of how convinced I am of it. You just never know. With Aim shares I would also limit my holdings even further to say 4%. Would I borrow? Well I do use leveraged investments on occasion, FTSE 100 *2 etc. so I suppose I would be strictly lying if I said no. As mentioned below, as long as the loan repayments are simply a proxy for what you could normally afford to invest on a monthly basis then that is a personal choice.

I said the same thing last year and a number on here said I was wrong and should go all in - great 'advice'!

The unbridled ramping on this board does terrify me at times though - This is not a sure thing, it is very attractively priced investment with potentially huge upside - as Faramog says though, this is AIM, the most crooked market in the UK by far.

So just be sensible, invest what you can afford to lose and don't come back crying if it does not work out.

Portfolio management and risk management are personal things

I don’t think any regular viewer of this BB should be in any doubt that this business is so undervalued. Ignoring BE this is a 60p stock with a $45 normal V price on current production levels and, as JM confirms, 75p based on expected production. If we ever hit $100+ V again then closer to the £2 figures being mentioned this time last year.

JM does give BE a small current value but that future potential is potentially mind blowing. Remember Fortune said, only 12 months or so ago, that he believes BE could be worth 10 times the BM value. £20 seems an obscene and ludicrous figure to mention but when you look at the charts of other disruptive companies this level of growth is not ridiculous at all.

Not a prediction just my humble rambles. GLA and a prosperous 2020 to all BMN LONG holders.

A pretty active day for 31st? Someone seems keen to keep the SP mid price at 20p for the year end? Probably a £1 bet between 2 traders.. nothing to do with 2020 I suppose? Or preventing some bullish cross or other? Other theories welcome.

Hey ho, roll on 2020 when hopefully the nasties will move onto something new.

I remember someone telling me on a recent trip to Asia that the Chinese were continuing to stock pile iron ore during 2019 as they expected 2020 to be a boom year. Excellent share Sloppy.

Nobody saw or predicted the collapse in V prices in 2019 but in hindsight it was probably too high at the end of 2018. Irrational exuberance? Anyway, if it had settled at $45/50 then I guess the SP would have remained quite calm during 2019 instead of falling by 50% (or so). It is now clearly too low so a rebound in 2020 should be expected. The fall has created great trading conditions but not the best of conditions for LTHs (unless more top ups added).

The ‘professional investors’ spent all 2019 expecting a global recession and sat in cash whilst the smart money made 40% investing in China (the place that was supposed to be devastated by Mr Ts tariffs!). Be greedy when others are fearful and all that. Now the world realises 2020 will be a very good year (a very good year) especially as Mr T wants to be re-elected!

Back to BMN, I finish 2019 with a SP base cost slightly in profit but I have expectations for a good 2020, my SP prediction guess was added in a earlier post but I believe this could range from 50p to £1. I think 50p is baked in as long as V returns to $45/$50. The real exciting unknown being the emergence (finally) of BE.

People tend to underestimate the effects of new technology but overestimate how quickly it will take for it to reach dominance. Maybe 2020 will be the year of the emergence of BE? Last year Fortune predicted that BE would be potentially 10 times the size of BM and many on here predicted a £10 SP within 3/4 years and I still think that is a possibility..

Anyway, good luck and a prosperous 2020 to all BMN LONG investors.

RichKen you are becoming a repetitive bore.. I really think on this occasion you should have just kept your trap shut

@ Faramog, crack on!