Member Info for blitzed

@HH - Sadly, having owned a number of Samsung products in the past and been witness to some of their maneuvers, it's likely that they won't care in the slightest and will be more likely to be abrasive with you than conciliatory.

The Recommend button allows you to say you agree with a post without needing to make a separate post to say it.

Or if the "?" is referring to the question - you called Bass myopic earlier today, so I asked what that was based on.

There's a Recommend button for that IT. Did you see my earlier question to you?

@IT

My apologies, I wasn't necessarily insinuating that you'd made those £1-2 claims but you did say yesterday that you thought this board knew something the markets didn't. I'm not sure how that looks today.

Nevertheless, if you think Bass' view is myopic can you please explain why and what it's based on?

@IT

If you're going to say things like that, can you at least back it up with why? Following previous posts on this board, there were wild claims of £1-2 per share. We aren't seeing that today and real people's money is being affected here. We need to keep cool heads but also be realistic and base things on the best evidence we have - not wild hopes.

I see three possible scenarios here:

1) The share price *is* undervalued because those on here know it's a bargain and the market doesn't. People on here just know better than the markets do.
2 )The share price *is* undervalued because there's still a risk involved as to whether Nano will actually get a decent settlement. The market is holding off, just in case.
3) The share price is *not* undervalued because it's already baked in the fact that Nano will get a settlement.

Am I correct in that most people (including some louder voices) are sure it's #1?

So the answer is obviously "no" ;)

Why don't you just share some wisdom and insight instead of sarcasm? There's no obvious need to be quite so relentlessly defensive here, even if some of your earlier posts have since been removed.

What's that 100p based on though? Personal preference, gut feeling etc.?

Not trying to be challenging here. Just trying to keep everything realistic, lest anyone get carried away (by which I mostly mean me).

*sat next to!

Thanks to everyone who responded and helped me catch up. It feels like we've been waiting forever.

Believe it or not, knowledge of this share came to me from having set next to a gentleman on a flight to San Francisco. While I'm far from having invested my life's savings in it, it's been a rough past six months for me - and so a win here would really be quite wonderful. I'm sure others are in the same position and so my thoughts are with you too.

After all this time, are the best sell positions likely to be 1) if Samsung offer to settle ahead of or during the trial and 2) if Samsung lose the case (regardless of whether they appeal or not, as mentioned earlier)?

Hello all. A lot of activity recently! I've read back a ways and can't seem to find the answer to this, so please forgive me for asking - is it nearly time? Are we almost at the major outcome we've all been waiting for or have I misread and misunderstood?

*what is /hopefully/ an imminent court action in our favour

"South Korea’s prime minister Han Duck-soo announced he would recommend a pardon for Samsung vice chairman and heir Lee Jae-yong during a parliamentary session on Wednesday. The comments were made as Lee is on parole. He was released from jail in August of last year after serving time for bribery and embezzlement charges stemming from an incident that involved former president Park Geun-hye in 2017."

https://www.theregister.com/2022/07/28/samsung_boss_likely_to_be/

Hopefully this isn't going to get the negative reaction I might expect, but you may want to think a little broader with this BBD - one article from a niche self-confessed fan website, likely translated into English and potentially losing context from its original wording, is not going to be reflective of all Koreans' views on this dispute.

(And by "Koreans," I'm also assuming you mean *South* Koreans, since Samsung is a South Korean company, and therefore can't offer any insight into the view of North Koreans on this living under the DPRK either.. Not that I expect them to have one, but hopefully you see my point).

@xbb2008

Hindsight is a wonderful thing, and the true scourge of investing in the stock market. Don't be so hard on yourself!

I too would like the calculation for the £2 a share price.

Materially 8-13p doesn't sound like much.. but a rise from 28p to 40p is a 43% increase. Show me where you can guarantee that kind of increase and I'll throw all my money in now!

Either way, I'm just trying to say that if these figures aren't based on anything other than hope, just be aware that they could be enough to tip people over the edge in buying more shares. Whether you realise it or not, everything we read on here is influencing us one way or another. We all want a good outcome but that isn't going to come from optimistic speculation.

"this will make great gains now expect 35- 40 by July"

It's pretty irresponsible to be making claims like this unless you have proof. Past performance is no guarantee of future performance.

Some people, rightly or wrongly, will trust this and may invest their hard-earned money off the back of it. Let's look after each other here whenever we can.

I've been in this same situation a few years ago with a share that was absolutely a punt based on a court decision. On the one hand, yes it's annoying to me too when people are making up numbers based on little more than hope. On the other, let's keep it all polite as possible when that happens - there's enough friction and suffering in the world as it is, without us adding to it in our privleged positions of safety on a share trading board. Best of luck to all of us!