Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We’ll see – I still have faith (maybe delusional!) – As predicted, it flat lined into the new tax year as the TMT lot continue with their reshuffle – Dowgate flogging as U.S. company, Gunn buying and the rest of us watching and holding as bystanders.
Absolutely right that the news flow is crap and could go either way.
Its what they have been doing (if anything) over the last few months is what will count – No news maybe good as all going to plan and I’m hoping we will be pleasantly surprised?
For us oldies we can play the 1974 song by 10 cc – ‘the wall street shuffle ‘whilst watching and waiting!! 😊
Theboyg,
You may be right, but nothing in this world comes easy.
If you want big returns, you must take big risks…trust your gut feeling I suppose or leave the funds in a deposit account where it is safe. But don’t risk what you can’t afford to lose – a good spread in other words.
In any case, I do enjoy trading – have done for decades – used to think I was doing well in the 80’s with all the privatisations and used to be excited about making £200 a deal - I used to apply in all my families name and others in shares like TSB!!
Deals just got bigger and bigger over the decades!
This one could go bust or a takeover bid…who knows – we shall see, but don’t give me any of that ‘I told you so’ stick if it does go belly up!
One top tip for the youngsters – don’t stare at the screen all day and react to every little movement – go away and do something else!!
Theboyg,
Sorry about delay in response. I’ve had a plumber in most of the day replacing radiators and sorting the main drain! – shares not high on agenda!
As expected, I think a short-term over reaction and I see it as an opportunity to buy more and reduce my average still further.
Time for a cool head – it does help having a brain tumour, no pituitary gland therefore body not producing adrenaline or testosterone!! The world could end, and I still wouldn’t raise an eyebrow!!
No TEK shares held by me now, but I did very well indeed out of those! (until I realised, they seem to think the shareholders are invested for the good of mankind, rather than a cash return on their investment, so I legged it at 30p, cost just under 5p!) – I’m hoping that Bell is different and understand investors are looking for a return – albeit a bit of a wait – could be wrong!!
My policy over the decades is buy, when everybody else is selling (as generally the market has already priced in the bad news) – all that people do is to crystalise their losses – having said that, there has been one or two occasions where I made a huge loss but can often offset them for CGT tax against profits in another company.
Anyway, just helped myself to another 230K shares to round total holding in this company up.
Humm – This news was semi expected with the months of silence and explains the drop to below 20p over the last few months as people in the know, made their move, and took a short-term profit.
The debate is how much this news is already priced in as most of us were expecting the worst as the months passed by.
Again, technically they should have kept ALL shareholders advised over the past number of months throughout and a bit naughty.
How much the market reacts in the short term will be interesting, but at least we have official confirmation of time scales which sometimes helps! The next few days will be interesting.
I notice another 100k shares were hoovered up at 19.5p on Friday, in the usual buying pattern as before, but still no RNS re crossing of the 1% barrier re major shareholders.
Maybe, one of the TMT lot have formed a new limited company, say in their partners name as shareholder/director – thus could buy another 4.92m shares (3%) without having to report via RNS?
Or maybe its just my imagination / conspiracy theory due to lack of information, coming forward.
I can’t believe nothing is happening with £5m in their back pocket – time will tell, but when is anybody’s guess when...hopefully in the next month or two!
Theboyg – oh ye of little faith!
Ever the optimist…not!!
I think they made good progress prior to the £5m fund raise, and hopefully things will start to move in the right direction quicker over the coming months.
But you are right, why they must behave like the ‘Secret Squirrel Club’ is anybody’s guess!
It doesn’t help their cause, and they should keep all shareholders advised of progress…not sure if it is on purpose or simply naivety!
Who knows as it only a matter of weeks. There seems to be some reshuffling among the TMT lot. At a guess, some are staying around and increasing their holding at the right price as they can see the longer-term potential, others legging it, taking a quick small profit and no doubt moving on to the next project as that’s their strategy.
I suspect over the coming weeks, this will continue, price flat lining as other holders get fed up (or maybe using this loss to offset other profits before the EOY) sell and this surplus hoovered up at the right price!
I’m just surprised that we haven’t had more RNS’s as the 3%+ Major Shareholders lot re reporting they have crossed either way each %, which makes me doubt my assumption!
Who knows, its only my guess, but even I’m starting to question my guesses!
Well, In for a Penny, Death or Glory and all that for me – or as Corporal Jones would say, ‘ don’t panic Mr Mannering’
As its Sunday morning, just a bit off fun - www.youtube.com/watch?v=WcZe2jJdgcU
Theboyg,
Re your comment ‘the slide was orchestrated to get the better buy in?’ – if that’s the case, lets hope some of these clever financial new guys stick around!
Whilst we have the brilliant boffin inventor types with us, we need the new guys with financial expertise to get the product manufactured and out there – and perhaps the tie up with Sunset Healthcare is some of their doing?
I’m surprised more holding RNS’s haven’t appeared – someone sold 518k & 2x 157k yesterday, but didn’t seem to affect the price – maybe on today’s opening, if not someone is hoovering them up?
Some of the larger buys Friday & Monday were down to me – with the increase in share capital, allowed me to buy more, average down and still stay below the 3% RNS reporting level – as I said before, must stay below this just in case my health goes down hill and someone else has to step in.
Anyway, on a more important, very worrying level, the matter occupying most of my mind - some animal decided to dig holes on the new grass seeded area, despite the kitchen foil flapping in the wind – stomped down, but annoying!!
Theboyg - Rain stopped play!
You do know that March is the earliest you should sow grass seed!
I know, because I read a box yesterday and decided to spread it in any case due to the mild weather - If I knew you had spread some, I would have left it another month - No doubt it will be like Belluscura, next week it will be like the coming of the second ice age!!
You see, its not just useful share tips, you can learn on this site!!
Theboyg - This site seems to be becoming a little unreliable lately so I could switch, but would miss all you lovely people, especially the northerners - I’m surprised you haven’t used the phrase ‘ there’s trouble up mill’ yet!! :)
Anyway, more gardening to do, so will check in later!!
Theboyg - You are right... we do need some actual numbers!!
'Belluscura's direct to consumer sales force and website, which has seen strong growth in sales and gross margins since its launch last year.' To me, it sounds like a few more than 1-2 sales, but where are the actual numbers? It does sound like they have been busy over the past few months, but need to keep the market informed!
Not sure why the RNS is not yet showing on here
https://ir.belluscura.com/
1600 healthcare businesses - who knows their total number clients all together!
Sunset Healthcare has a network of sales representatives extending across the US and in 150 countries around the globe.
Come on - even you must have a little optimism now?
Https://sunsethcs.com/about-us/ Looks promising
Theboyg – do I detect a smidge of optimism?
Mind you, price dropped a little, despite large buys – no doubt TEK flogging off again – I guess we will find out when they cross the 7% holding – as I said 24/1 they need to sell 1 m to do this – wouldn’t be surprised if RNS issued latter today or tomorrow, but just a guess!
Agree, we could certainly do with an update.
I notice another two large purchases 2 x 150k yesterday, which didn’t seem to affect the price – Can only assume any selling around this figure is being hoovered up by a large buyer – not sure if it TEK again selling as they can sell 1m shares (.73%) from last RNS, before another RNS re holding would need to be issued.
Time will tell!
Re late RNS – Buyer 457,000 & 100,000
MR JOHN HUMPHREY GUNN is a Venture Capitalist from Kidlington Oxfordshire. This person was born in January 1942, which was over 82 years ago. MR JOHN HUMPHREY GUNN is British and resident in United Kingdom. This company officer is, or was, associated with at least 67 company roles.
Gives me faith that a guy who has this much experience is buying, increasing holding to 2.99%
Yes, I know its early – gusts of 40+ mph woke me up!!!
Hum, go out for a walk and this happens – there are plus and minus points I suppose.
Minus
As I said before, the ‘irrevocable’ agreement between the parties in the RNS was simply not true and certainly misled me.
I suspect the constant selling of round amounts over the last few months was down to TMT? – drive the price down and then renegotiate – clever I suppose?
Plus
Hopefully, things will start to move forward, and the price recover from now (assuming these terms are set in stone), but we thought that before – I guess TMT could have another go at driving the price down even further, but they do risk somebody else stepping in on such a good product!
Nothing like a bit of certainty re way forward to settle the price and considering this announcement, the price hasn’t dropped too far – although it was already well down.
Hopefully, they can get on with the actual business and fulfil these orders!
Time will tell, but at least there is some credible way forward!