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Evening all
I’m guessing this question has been asked before but have Mr Fortune and/or Mr Nikomarov ever met Elon Musk. Given they are all South African (from Pretoria), of similar age, and involved in future/renewable technologies I just thought that perhaps they might have.
Regards
Bobby
My personal view as to why the Market Cap on BMN is currently at this ridiculously low level is simply this. Bankers, Intuitional Investors, Brokers, Fund Manager’s and even Private Investors are in the main basically stupid. Now while this may seem rather strong, let me elaborate somewhat. People often just adopt the view of another person or group. It’s their default setting. Let’s say there is a pile of Gold in the middle of the Room surrounded by Bankers. Now if none of the Bankers walks over and picks some up then none of the Bankers will.
This is the reason that once we get some initial Investment momentum this SP will really take off. All the usual suspects will pile in. This is a global phenomenon in Investing. Its always a few smart well-informed Investors (that’s you and me by the way) that make the large returns and why Colin from Milton Keynes with his nice safe mutual fund arrives way to late to the Party.
Regards
Bobby
These Clowns thats run the so called Alternative Investment Market are just complete 'D1cks'. Pardon the French but whats that over the last 2 days; a 7 % drop on a handful of trades. It's complete b0llocks! They distort perception to make money. I recently read Benjamin Franklin's Bio. While living in France in the late 1770's seeking funding and support to fight the evil English he was surrounded by so called supporters of the American revolution. Many of these gentlemen were of course spying for the British but in additional were heavily involved in buying long and short on the London Stock Exchange (Royal Exchange). So I guess this BS, has and will, always go on.
Regards
Bobby
All the pieces are in place with BMN. Strong cash flow with a strong sense of direction of where they are going. So it’s a waiting game. Our main issue is SA is seen as geo-undisable. I’m sure the sp would be 10 times higher if the whole Bushveld complex was in Essex. However of course the production costs would be ridiculous and the government here seems more unstable. It’s just the mindset of the masses.
Regards
Bobby
Hello gkb47
I personally take your thoughts into consideration. It's important that we don’t become a clone like group. Intellectual conformity was a pre-occupation of Greek culture. Groups of people that are individually intelligent but collectively - well stupid!
Take Alastair Denniston. He was one of the key players in cracking the Enigma Code. He realised the need to use cognitive diversity when recruiting people for his team. He didn’t just round up the best mathematicians. Anyone individual only has a subset of knowledge. What you need is multiple layers of insight.
It’s basically the root cause of 9/11. A bunch of white, middle class, American Guys, didn’t think that a bloke wearing rags and living in a cave posed any threat to them.
In relation to Bushy I consider that all comments are welcome provided their well intentioned and not on some shorting agenda.
Just my thoughts on a Saturday afternoon.
Regards
Bobby.
Hello Ophidian. Thank you very much for your Elliot Wave update. I'm a complete novice in this area but have spent some time trying to understand the various aspects. Generally speaking its my own feeling and professional experience that we are everyday surrounded by patterns that often we never see. In my own profession I often notice something is 'amiss' in the first few seconds I see it, hear it, or read it. It's not any kind of sixth sense of course but merely comes from years of experience. You often just notice when something does not 'fit the pattern'. I think it's called chunking. Clustering pieces of information together at a mere glance. It's when the cluster does not fit that zero's you in on a possible problem.
Anyway again thank you for the time and effort of your analysis.
Best regards
Bobby
What a load of Cobblers last night in Westminster. I may become a Liberal Democrat - heaven forbid. I'm off to the Cricket and the Politicians, Market Makers, and Shorter's can all get stuffed. Ben Stokes for Prime Minster!
Regards
Bobby
Why do some continue to judge BMN’s success to date and strategy going forward on SP. It’s the wrong metric. It’s a company making a huge weekly profits based on current Mcap, with no debt, and a great management team. They are building a company that will control both supply and demand. To be successful in anything in this life you have to ‘do the work’. And to get the work done takes time. From all information I’ve read that’s exactly what Mr Fortune and his team are doing - ‘the work’. And that’s the right metric to watch.
Regards
Bobby
Dear me - the Clown Bus just rolled into town.
Last year at this time I owned 617,000 shares in Bushveld. And as at close today I own 617,000 shares in Bushveld. The SP is of little interest. Thats where you Clowns are going wrong. Your looking at the wrong thing. Try understanding the story. Look at the management team and the fundamentals. Then actually buy a few shares and kick back. It’s called investing.
Cheers
Bobby