Member Info for Bablake

Slipz, even when this falls to 290 i will not buy because it will just keep dropping.
Anyway, I have made my point, hopefully those who can afford to exit, will do so.
Those who can't, I wish you well.

Slipperz
will never ever get to 600

Business model?
How many do they have?
Cheap and cheerful in every respect, mid range but old hat, nearly respectful but never really respected.
Fail on every level

Slippery probably bought in between 80 or 90 pence.
Take your profit because it's going to go down from now on, and I think you know that anyway?

Slippery, you know everything about Boohoo, don't you?
That's why you've been clinging on for so long!
You're kidding yourself...

Mool, with respect, by your comments you know nothing about accounting

Give me solid info about why this SP is going to go north, over the last year it has gone south!
Please don't tell me about anything to do with ESG.
To begin with this was a great business model, cheap materials, cheap manufacturing, cheap everything.
Times up guys... Directors (the family) have made millions. If it all collapses tomorrow, will they be bothered?

HarChris... well done, there's always one who will jump on the obvious!
How do I court controversy and engage?
No counter though I see?

PP1...
Absolute tosh.
ESG... Boo have capitalised on the very opposite of any ESG markers... that's their business model.
Stop trying to convince holders that things will get better!
Look at the facts... directors make millions for themselves and the share holders continue to make Jack ****. In fact the majority of share holders have been watching their investment capitulate.
If you want to make statements like that then at least back it up with some facts.
Here's a fact, Boo directors will continue to make millions for another few years even though the SP will continually fall.
Another fact, their accounting methods are, as the market would say, unique!
Why, because they have the accountant of accountants... one very very clever guy!
If anyone wants to go head to head with that, then do some research and find facts to counter my argument. If you're not prepared to do that then don't waste your time pontificating to me, or anyone else for that matter!
If you're in profit I suggest you get out now, if you're on a small loss likewise, if you're on a substantial loss then I'm afraid that's a call I can't offer opinion on, but good luck!

OnlyGrowthStocks... You say "Who are they? We only have to review the buys v sells to understand the demand has for most part dried up. No big buyers I've read that somewhere? It's just the way it is until we have enough confirmed for the institutional investors to take notice. A year or two that's all"

Au contraire!!

Demand has not dried up, if that were the case we would be looking at ridiculous spreads. Sells are flying through and why do you think that is?

Merc, de risks GGP from what. Shaun isn't here to tread water just because he has a rubber ring to help keep afloat.

Nap... it's not going to pop and we all should know that.
It will be a rough rollercoaster for at least 3 months but will come good.

Nap... I agree, it is a great investment.

TMT... multi asset multi billion company... maybe Hav will do that then?

Forgot to mention in relation to...
"I note the options given to Callum and Gervaise in September of 2019... 18million each (half at 2.5p and the other half at 3p)
At the time the SP was 1.8p"
And boy did the SP rocket soon after!!
Smart move by those who authorised the options? Of course it was!
Pull up the old RNS and you'll see what I mean. Gervaise is very astute when it comes to finance...
I think I know why he recently sold off a big chunk of his holdings, but I couldn't possibly state that here.
Nothing underhand I'm sure, and nothing to do with this July!
Pause, TER-143D... If you know, you know! Don't ask.

SB draws attention to Newcrest , we at GGP benefit in part from that. I believe that in time Havieron will be a behemoth but as far as GGP are concerned Havieron alone is not going to be the making of GGP.
This quote from a speech that President Roosevelt delivered at the Sorbonne in April 1910 conjured up an image of Shaun Day for me...
"It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; at the best, knows, in the end, triumph of high achievement, and, who, at the worst, if he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat"

In a few years, all can judge how Shaun fared during his time "in the arena"
I note the options given to Callum and Gervaise in September of 2019... 18million each (half at 2.5p and the other half at 3p)
At the time the SP was 1.8p
Rough calculations meant that the SP for the first tranche had to increase by roughly 40%, the second tranche by roughly 65%.
Comparing that to Shaun's options for 5million at an exercise price of 25p and taking into consideration the actual SP at that time, the percentage of increase is relatively very small.
Now I'm no master when it comes to weighing up the ins and outs of figures but it would seem to me that GGP for whatever reason (and I suspect they know the reason! and in time we will too!) expected the SP to drop for some time and it would take great efforts on Shaun's part to turn things around.
I'm not saying we're going to subject to a barrage of great news throughout the next few months only to be told that in order to progress further we need to look at refinancing... track records reveal a lot!
I'm confident and happy long term with Shaun!

Tymers, I agree.
I just hope those who have recently joined in don't get their fingers burnt all because they listened to LTH's, most of whom were lucky enough to enjoy the rise with GGP and consider themselves pro's!

Great post Texlax,, a few good points in there, very good points!
Personally I reckon we will see MRE of 6-10m oz. I think some are getting carried away - drilling has been upped considerably but as confident as GGP and NCM are they can only report on actuals.
As for the SP... — I believe there are a couple of Mutuals who have for some time needed to decrease their holding before reporting date, (due to their own funds regulations) and as we all know, they are not going to do it in the open market for obvious reasons.
I also believe they have not approached brokers to break the sales up over time with multiple exchanges so as to minimize the market impact. I think the brokers have said let's cut to the chase, lets get the deal done, and bought all the shares. These brokers are big and they can afford to sell them off later. Obviously it's too risky to pay the average SP price of the day as they need to sell the shares themselves over an extended period, and events beyond their control could cause the price to fall. The brokers have offered to buy the shares from the Mutuals at a per-share price tied to a fraction under the VWAP over some future period. All the brokers need to do now is sell those shares over the next few months in a way that exactly matches the VWAP, If they can beat the VWAP, all the better. Problem is, I believe we have brokers representing institutions wanting to buy considerable amounts, and they are using the exact opposite tactic... thus, the SP will be relatively rigid until the buying brokers convince their institutional buyers to step back so to speak and up their limit. When that happens and other institutions feel like they will miss the train, boat, plane.... the SP will rocket and I mean rocket. In 12 months time I guess, yes guess, 50 - 60p. 12 months after that (if we are not subject to buyout) £1.20 - £1.30 if not more (like to be conservative) I'm currently 23% down but not in the slightest bit bothered.
If I bought a Sovereign ten years ago as an investment for the future, would I be continually checking it's value... no, it's a safe long term investment!
Apologies for the waffle, just sipping some McCracken (the cheaper one)
GLA

Bottle, for your efforts you stand head and shoulders above the very very few who try to knock you. And by very very few I mean 1 maybe 2 losers.
I appreciate your efforts mate!

Good stuff Hydro.
I suppose in this day and age we should expect to hear from the balaclava clad crew.
Some great effort put in by some posters on here... we all know who they are.
Would these disrupters stand face to face and spout their bile? Me thinks not!