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That's music to my ears Stebo.
We're so used to seeing this share go in only one direction that a few days of red is always more depressing than it need be.
I'd rather we weren't 5p off in our starting position but I'd really like to see this north of 45p after the anticipated good Scally news drops.
I know we can't expect the 10/15/20% monthly increases to carry on, as our MC grows and we become more de-risked the increases will reduce in size. To see this hit 60p by late summer/fall would be most satisfactory (& achievable) in my opinion.
Adz
Hey Bebeto that's sort of my point.
Every day is as good as another that's why I'd rather not hear the line "Just had to top up TODAY" as if this is a special opportunity. Of course we are all buying & selling every day but we don't have to announce it to all and sundry. It is a vastly overused statement and consequently loses all value & impact. I'm just tired of hearing it. Maybe it's just me??
I don't think we're disagreeing.
I wish people wouldn't say "Just had to top up today" implying that today provides a particularly good point to purchase.
We heard it yesterday at a higher rate, and the day before when it was higher still. We'll have it again on Monday regardless of whether it's up or further down. We have it prob 3 or 4 times every day whatever the price is.
And yes I know it's a market and prices fluctuate, that's sort of my point.
Before news is often the time to take the plunge (or a further plunge) assuming one believes it to be good news in the offing and we're all here to buy (& sell at some point). We're all waiting, (some have been for 3 weeks), and it could be another 7 days before we hear anything so it's wearing to constantly hear that now is the moment to buy. What I will say is that imo this is definitely not the time to SELL
I'm just so bored with the trite "Just had to top up" line.
Rant over.
I wish though that the price would stabilise. I was hoping for a nice bounce when Scally news drops (which I did want to be delayed to the NY) but if we drop much further then that bounce will only take us back up to where we were a week ago before news.
Adz
Aah. Sorry Kempey, my bad.
That's the trouble with skulking at the back of class and not following what's being written on the board. Doh!
They say, good things come to those who wait so we all need to be a little more patient. The tension is mounting though.
Adz
Hi Naph.
I can't see it being Shaun making the announcement as he's not slated to start with us till March and they sure as hell aren't going to wait that long!
I said before that I wanted news to be held over until the New Year (didn't want news dropped in the dead lead-up time to Xmas week or between Xmas & NY). That's the best time to make an impact. So I'm perfectly chilled and hoping that we'll be given the news in the next 10 days.
I agree though that it's very possible that things (good things) are happening in the background.
Adz
Bang on Tom.
I think it would be beneficial to the SP if we could start 2021 with a splurge of good news, which we're all expecting Scally results to provide. I'd rather this than have them released whilst everyone has zoned out for Xmas.
We've still got some momentum, the wave effect didn't materialise and the prospects are good (see what I did there) for a great start to 2021
Merry Xmas all
36.5p would see my (averaged out) holding double.
55p would see it treble
£1 would be transformational.
[I started buying at 12.5p, having been tipped it by a friend at 2p. Hey ho. But I've still got a lot to smile about].
Let's hope for a blue run to Xmas.
Adz
I'm not a big player here like seemingly so many on this BB but everything is relative.
Totally agree with waiting to see how things pan out.
My reason for suggesting a flat horse is that this sphere presents the next sales opportunity (in the spring, the breeze ups). I do like the jumps and buying an ex flat horse at the H-I-T sales does make a lot of sense but those sales have been & gone and the next opportunity won't be till the autumn. I wouldn't be looking to purchase from a stable's currently 'available' stock at this stage and bear in mind 40% of the NH season has already gone. So I had an eye on the calendar when making my suggestions.
I'd certainly consider joining a syndicate in a 'GGP' horse if there was sufficient interest.
Anyhow the land of nod beckons, tomorrow could be a BIG day!
GLA
Hi Dillon.
Yeah happy to explain. MPR are a syndication company whose business is marketing horses to
individuals who would like to have a share in a horse; the individuals not able to put a party of 10 or 12 together themselves. If you're already able to put a party together yourselves then MPR's raison d'etre becomes redundant.
MPR run their syndicates for themselves as much as their owners, it's their business afterall. Access to visit the horse in its stable will be restricted to only a couple of times a year. It's a business first and foremost.
Better to choose a trainer yourself & employ a bloodstock agent (although the trainer can provide this service) to assist in finding the right horse. Breeze ups are generally sold within the £20k-£150k range but my advice would be to look to spend between £50k & £100k (depending on the number of syndicate members we could put together).
I've owned shares in many horses over the years, some with friends, some with syndication companies. I've had success, I've had dusters. It's been variable as one must expect. In all honesty the fun has varied too depending on the ownership experience.
@ Novtrad, this would be for the purposes of fun. The chances of making money out of owning a racehorse are small (not impossible, but certainly it's not likely!) It's about having a bit of craic with like minded individuals. A healthy horse who's able to run half a dozen times or so and hopefully be in the shake up in a few of those races would make for enormous fun.
Middlehamparkracing is certainly not right for the question being posed.
Firstly one needs to establish just how many people on this BB would be interested in getting involved.
Then, the decision would be over the sticks or on the flat. Timing wise, the flat would probably make more sense - perhaps sourcing a 2yr old from the breeze ups in Mar/Apr?
It's not diffocult to set up a partnership/syndicate agreement, we can do it ourselves or employ an agent for an annual fee.
A trainer (and/or bloodstock agent) would source the horse as per our specifications: filly or colt; sprinter, miler or stayer, BUDGET.
Potential purchase costs would be in the order of £50k/£100k with training fees of £25k/£28k p/a. Add on a management fee of c £6k and all us sorted.
I'd have thought the obvious name to be Havieron, which is available!
Perhaps we might have 10, 12 or 20 people interested, these being typical partnership/syndicate sizes.
So an up-front cost of between £5k & £10k perhaps with another £2k or £3k p/a should give us every chance of having a bit of fun.
Adz
Hey Bancal.
I didn't think I'd find anyone else who'd been involved in Xcite. Yes that was a roller-coaster of a ride. I think it hit a peak of 432 before tumbling all the way back. I can't remember what I bought in at (£3k), I think it was 32p. I sold in 2 tranches, and made diddly squat out of it, but at least avoided a loss!
Do u remember how the board used to get excited about the booking of helicopters out to the rig, and chart the movements of platforms/submersibles around the globe. Going on 10 years ago now but it feels like a lifetime.
I was alerted to it originally by an article in the Mail on Sunday, but it's all a very hazy now.
Why the nasty vitriol BTB?
I've asked an honest question. Maybe it seems a stupid one to you but it was posed in good faith.
Is it because I'm new? I've asked 2 questions now and have been pretty rudely responded too each time.
I've not been rude to anyone, nor spouted nonsense. I've just asked a question?
I won't post any more and leave you all in peace as clearly the members of this club aren't too welcoming to newcomers!
Hi all.
On reading all the posts regarding Berenberg I went to search for the note and came across the note issued by Primorus on Oct 1st relating to the sale of GGP stock. Why did they only got 14.8p for their shares? Was the price pre-agreed quite some time earlier? I'm sure this would all have been explained at the time but I was away for a week and missed the coverage.
It didn't seem to spook the price at all which shows the strength behind this share.
Having bought in again early last week, based on the expectation of great news to come in the next 10 weeks, the brokers note this morning has been a real downer.
I'm used to reading all the ramping & de-ramping posts that invariably a board attracts but they do so muck about with one's equilibrium. One moment one's full of confidence, the next a few seeds of doubt are sown.
Paddy says sit on those hands. And of course that's the thing to do.
But I'd wager it's all a darn sight easier on the BP when one's got in at 2p than when one's average is more like 15p
Keep posting Paddy & Hydrogen (& others - you know who you are) because you do reassure many of us on this board.