Member Info for AIMing_high

Very true Linton. Plus it’s not uncommon to have a little consolidation time after such a sustained run up in share price

If it’s gone to another ii I guess we’ll get a holdings RNS as they’ll have more than 3%

Ozzie: “So my read is simply that with the recent SP rise, they had the opportunity to realise capital from an inherited stock and redeploy it in line with their stated strategy. No big issue at all as I see it.”

You’re looking at capital the wrong way. Brokers and banks regulated by the FCA and PRA have to hold capital against their balance sheet assets in the event of default. It’s not a case of selling shares at a higher price and receiving more capital, it’s a case of having to hold capital against those shares as they’re relatively risky (vs government bonds). So by reducing the size of the broking book they have to hold less capital against it.

I very much suspect that the shares were held in the wealth arm and so were held as investments and no capital would need to be held against them

Shift away from equities towards wealth management....surely the WSG shares were held in the wealth management arm, not the trading portion of the business. When Cannocord took over HH they merged the wealth management businesses. So to me their move away from broking is something of a red herring.

Either way, who cares? They’ve sold down and should have no more information than the Pis on this BB

They could have sold for any number of reasons, some of which have been stated already. Profit is not one of them. That’s now how institutional investors think. What matter she is the future, not the past. Yes they want to make a profit, but it’s today’s value vs future expectations, not a case of selling profitable positions.

I can see it both ways. A negative in that they’re bailing, a positive in that the share price has done what it has even with them selling. I did wonder who was selling, nice to know now.

If they have a new PM, or a new CIO who doesn’t know / like the name then they may have just been shipped out since the recent performance was strong. Could be that the holding was too large post the share price rise (that would involve them having added recently and I can’t be bothered to check).

All I’m saying is that there are numberous reasons, but what matters to me is that they have sold a gob load and the share price has held up beautifully.

I predicted a down day or two this week, maybe another small red tomorrow in time for a final top up before news and another on news?? Wishful thinking for perfection, but I’m happy for news to drop any time and my 7 year journey can start to bear fruit.

Ps. I was massively confident post the AGM and started adding. Then the Friday RNS came which surprised me given that everything it stated I assumed was already known (but it had the desired effect either way). Then the market took off, KSA happened and the new strategic JV.....but for me the most positive thing that’s happened since the AGM was the second proactive video. The smirks, the confidence...this is clearly a man desperate to blab but remaining tight lipped. I often feel that you get way more from looking management in the eye than you do reading RNSs or sell side notes...or even talking to analysts. What I got from a PF was confidence. So I’ve added and keep doing so.

I do find the “interviewer” hilarious. He’s a: S h 1 t and 2: looks like a school boy who lost a hair bet.

Not as exciting as the two double bed camper! Sadly my old man sold his one of those last year...just as I found a decent use for it!!

My personal take is that this has to drop back a little early next week. Not becuase it’s overvalued, just becuase of the run up we’ve had over the past few weeks. If that happens I may add a tiny bit more but want to be ready for the Ghana details confirmation to try to add a little more (at a much higher price I appreciate). For that I might even take a little leverage.

Did anyone notice a bit of ramping by DHC today? I’m sure he didn’t as he’s convinced he doesn’t do it....needs a mirror I feel.

I suspect PF will flog the company as an end game. I can see it hitting a pound, but I have a sad feeling that we’ll be taken out before we got to 2. All a fair way off given the lack of actual contracts....but a decent Africa and Ghana could see £1, Then a few KSA and another one or two from the new strategic partnership could result in some serious prices....just fear as a relatively old man he’ll sell up before then and we’ll get a 25% premium to a company valued around £1.50

Sorry, up 200%

Up nearly 300% in 3 weeks in mental in my book

I feel bad that you think I bully you. I apologise. I should have stopped when everyone else got to the end of their tether with you. I’ll be good for a while

I think we both know that’s hugely optimistic.

Very eloquently put Smithers.

This isn’t all I do....I have a young family and plenty of friends. All that I love and enjoy spending time with. I have a successful career which I am good enough at that I can spare a few mins a day to do some PA investing and chatting on this little board. I’m currently on holiday and since it’s a fairly relaxed beach based one I have a fair amount of spare time. Given that WSG’s share price is going mental I am checking in a fair amount.

I don’t try to wind you up because I dislike you. I try to wind you up becuase you post unsubstantiated ramps that can only possibly be designed to suck in new investors and try to ramp up the price. this share doesn’t need it so give it a break. Your motives are painfully clear and you’re starting to annoy other genuine posters too.

On an unrelated note....I see that a number of us have topped up in the past few weeks. Who on Earth is selling? I get that a few people are finally I profit and want out, but it seems a little odd to me as there are a number of us adding many many shares

Appologies Dream, I feel it’s my fault. I keep poking the bear and he clearly has no self control in resisting my taunting. I’ll leave him alone for a while and maybe there will be space for genuine posts to be read.

I can’t promise I won’t succumb to temptation later. ;-)

We agree on something Invest.....That was a good post by H&N. And do you know why? It was informative, factual, opinion was clearly signed as such and it wasn’t part of an endless stream of ramping.

Those new to this share should take note: don’t be put off by Invest and DHC’s incessant ramping. This is a share with genuine potential and the likes of H&N post with thought and realism. Buy in on some research and hope of real upside....not becuase of some rampy posters with posting diarrhoea.

Ian it’s highly dependent upon the specific mandates of the funds. They’d tend to struggle with the liquidity sub £50m I’d have thought. Some microcap funds may already be in but the larger the market cap, the more funds there will be as potential investors.
Plus, once there’s an established revenue stream and Forecastable profitability then it’s much easier to put forward an argument to buy in when it comes to the investment committee

Ian. I was indeed here for the run up to 90p. I’m very proud to say that I didn’t sell a share and watched go all the way down to sub 6p in 2016 :-(

The day the contract is signed I don’t think I’ll even check in on the bored. It’s going to be unreadable....maybe I’ll drop in for a quick boom....there will be an amazing number of people who got in or topped up just before the news dropped. It’s amazing how good people are at investing with hindsight!!

I think I just pick on Invest because I defended him before he invested and people were calling him a deramper. I thought he was just being cautious. Now it turns out he’s DHC on steroids....just more succinct, less useful and not mentioning that it’s in his opinion ;-).

Off to the beach, Devon is lovely right now. Good luck all

I’m excited too, but please don’t give us a running commentary of every move in price.

And it’s “today’s”

You’ve seen me as a way to get in with Tosh I assume ;-)

I’m actually hugely bullish on this share.....just like to call out rampers so I come across quite negative. You and eye see things more similarly than you think. You lucky devil.

MOS you do sound a little worse at WSG than me, but I’ve had a few absolute horrors on AIM that either went under or so deep in the red that I’ll never make a positive return.

The reason that WSG could way more than compensate for all those losses is that it has a few lottery tickets (like so many AIM companies.....Ghana, Africa MoU, Iran, KSA) But it also has an underlying business that is now offering some genuine value. Unlikely the pharmas or oilys it’s not a binary bet here. That’s why I’ve felt (relatively) comfortable adding and adding and adding to this little pup. If Ghana failed then any of the others I mentioned could save us still.

Here’s hoping my 7 year wait is nearly over (not that I’m selling out...I’ll take profits but I like this plucky little company too much to cut her totally adrift (not a good investing strategy!!)