Member Info for barnetpeter

When the mkt turns nasty, it can really turn nasty. Investors look at stocks hitting lows and think they cannot go lower....but they do. Boo has collapsed in price and those that thought £2 was a steal are nearly 50 % down. BOTB was called a superstar stock .....it has gone from well over £30 to just £6 in just months. ARB was the most traded stock of last year according to many brokers with huge daily volume but now looks ouch as losses pile up for many. Meanwhile TSL hits new 52 week lows...

The 52 week low is 65o and I think we will be there if this breaks below 80p. Arb is very volatile and i wanted the company to sell some of its bitcoin at above 60 plus. The situation is now very dodgy imo. The price went up 100 times and now it is sliding down the mountain. Plenty of money was made on the way up so most long termers will be fine but of course those who bought in the various placings are getting caned now. Arb has always been a long term buy but I fear we have plenty to give back before we reach the lows. The market gives and the market takes.

We all have our opinion but the fact is the price is falling sharply. Block could easily halve as bitcoin falls away. The reality is that TSL is now over 60 per cent down in over a month and those that bought at up to 110p weeks ago can sell at 48 pence. It looked good value at 80,70,60 and now below 50p. Will we see below 40 and then 30? No idea

Had to pay over 3.50 today. Thought it was going lower but small buying. Will soar at some stage this year

What you are missing? The mkt has lost confidence in the BoD and now worries about whether share holders will be stitched up and end up with something like 30p. The rest of the money being kept in the company which then delists. The directors then increase their remuneration etc. the mkt is looking at the rns in early December that suggested the fall to 80p was overdone when it is now 52p. The expected pay out was over 110p minimum. No explanation why the directors agreed to a cut price deal or whether they have been offered a new position in the buyer. No clarity as to whether the directors will vote themselves a substantial cash bonus and so on. So the mkt is nervy and is not impressed. Buyers, even at 50 pence, could end up with significant losses. Directors of a company that will soon be gone or delisted …..esp where they intend to retire….can lose interest in shareholders. Not saying this will happen at all of course but it will not be the first time by a long shot and they will be nothing whatsoever you can do. An accountant/ solicitor will sign off the deal as reasonable and you will get what you are given. I saw this as being very low risk but now? The risk is much higher and all these discounts being mentioned are just guesses in a situation where we all think the deal done was not great. The current price looks cheap if the directors can still be trusted.

No. I set up a thread on afn many years ago on Holders. This is a multi year breakout. Always paid out a divi and often very volatile with hopeless spread. I have had a policy of adding a few below 50 pence when the spread narrowed. Performance has been up and down….always saw this as a takeover target as it is really too small and the directors too old to continue but it has never happened. Low amount of free stock and they do not place much if at all. Would I add at this level? No but maybe that takeover or sale of the business is finally going to happen. Holders has been a very decent multi year hold with the divi but also rather boring. In the same timescale many racy companies have gone bust but this is still going and looking like a pleasant start to 2022. My target is 150p to sell a few and I reckon I will get it.

My 15 year old is spending her Xmas vouchers tonight on shein this year. Cheap, fast and new products daily. Shein has a poor reputation according to the press for ripping off designs, making staff work 75 hour weeks and so on. I suspect it has looking at companies like Boo and learnt from them. No doubt it is taking a lot of business. How will boo be affected? No idea….maybe less than the mkt thinks.

Sold quite a bit of my holding at higher prices and plenty of selling going on albeit fairly small. Will Web fall below 3p? About 2.70p....? About 10m mkt cap...... watching patiently as want to buy back

To end the year. Dreadful. Nothing much done apart from a lot of cash.

Hit a 52 week low this week. I follow this as I have been in and out for years now. Is it cheap? Not sure. A regular seller who may have plenty of info. Too many placings too. But it must be worth a punt at this level so I am back in. The mkt won’t take much stock and I wonder about a placing in the 60’s but hey ho. A price in the 70’s is fair enough; let’s hope for a better 2022.

Surprised….the share price has nearly halved in a month. Who was not reassured by the 7th December rns? Here we at 58p…

A major investment bank cut its view on Block drastically yesterday citing a likely fall in US consumer spending. The company is still valued at over 70 billion dollars so a lot is expected. So I think some of you are being too optimistic. You are ignoring costs and fees and currency too. I will keep what stock I have and watch but I freely admit I had hopes of double this price. IC has got this badly wrong and

No…because Block could easily fall sharply in price. It is seen by a number of analysts as being overpriced and in too many businesses. So the current price of TSL reflects that. Already hit 58p today and I see further falls simply because unless you are bullish on Block there is nothing here. I presume the company will sell Block in time and return the cash less tax. We all bought because we saw 125 to 150p not 65p per share. There will be some costs involved in selling up so how much will be returned? Maybe not as much as we think….unless Block has a big rally of course

Price fall continues. The price is way below where it was on the 7th December when they issued that strange rns and unless you are bullish on square, nothing much left here as a reason to buy. Any issues with square will be reflected here. Cannot help feeling well let down with this bizarre deal after IC kept ramping. Could have been worse I guess as I cashed in enough here at much higher prices; kept missing the price to buy back in which was lucky but I had a lot of trust in this management which now seems misplaced.

Terrible deal for shareholders. We were told by IC that a price of 160 was realistic not 60. I think 50p is now possible in these thin mkts. The TSl has been very bullish and even said recently they knew no reason for the recent fall in a recent rns. That led to a lot of buying in the 90p level. I do not know why they did that if they were going to accept this offer. I am sure they could have got more

About 0.72p to buy close. My guess is lower.....0.6 in the weak low vol mkts next week or in January. Good price to buy then although I would not discount 0.4/5 in these thin mkts if we see a forced seller etc.

Selling I guess. Admit I would like to add in the low 70's. Might get it next week in think mkts.

650K sell at 86p at the end .....I suspect that is a short position. I reckon someone with big pockets is looking for 60p or something. I am a buyer but i do not discount lower esp next week in thin margets

Me too. Paid below 88p. Danger this will continue the fall and no idea where this will end!

97p now....needs to close at that 100p level or next week could be very grim for holders. Those that rushed in yesterday at 120p or so are already 25% down. Buying on a dire RNS is rarely a good idea