Member Info for cindercone

I do see the logic Pdub. It's just that if he couldn't predict the drop, why should we believe he can predict a rise? If he couldn't foresee a commodity price dropping off a cliff, I have to suspend judgment on Mr Perles analysis. However, I hope he is correct and the V price begins to rise next month.

Talking of suspensions. I had a perfectly good explanation for the alternative account, which only had a few posts, and has subsequently been deleted. I find it quite bizarre that anyone would want me banned or would report me for publicly admitting to having two accounts, but there you go.

Thanks to my associate for his previous support.

If he's such an expert why didn't he predict the drop?

@Pdub. Before you block me for the 50th time, I think you'll find his targets were stupidly low and therefore effortlessly superseded. He was upgrading the target within weeks of each other; in other words merely following the SP not predicting where it would travel based on sound analysis. Amidst that, I'm sure we can all remember some of his amateur reporting errors.

Now Meyer's gone stupidly high. His 87p target is quite old now, and for that reason alone, redundant. It was also well before the V price crash, so why didn't he factor that into the SP? You could say, well why didn't anyone predict it, but that's his job is it not? If a broker cannot identify risks that may cause an SP to halve or drop to a quarter of their target, they're not much of a broker. Either that, or they're withholding information, which makes their analysis of no use to anyone.

Why would anyone pay attention to Mr Meyer, considering every price target he's ever given has been proved completely wrong? I wouldn't use him as justification for a future SP, or any broker for that matter. I used to work closely with brokers, writing up their company reports. Long-term, the majority were wrong - often completely wrong. Let's just say, if their salary was performance related, i.e. based on the accuracy of their research, most of them would be out of a job.

It's s shady business. A lot of backhanders are involved and brokers are only told what the company wants them to hear. They can analyse the accounts, but do you think a company will divulge bad news to their broker that might impact an SP negatively? Look at all the fraudulent companies on AIM that go bust, why wasn't anybody warned? Either the broker was complicit or didn't have a clue.

That's not to say BMN's SP will not hit the targets specified - a stopped clock is right twice a day, but I don't trust SP Angel's analysis based on past performance and wouldn't buy a share based on a broker target.

As fatbanker suggested before the whole thread was torn down. It's really quite simple, ignore those who wish to mislead investors. If you want to report them, fine, but anything else is doing their bidding for them. They're not interested in the truth - that's not their motivation, so there's no point responding with truth, let alone insults, as it only encourages them to maintain discourse.

I'm surprised anyone should query what is so obviously the correct way to deal with these individuals.

There are still some valid contributions, but they're becoming increasingly few and far between. I fear those with the most balance will get fed up and stop using this forum as means to impart genuine knowledge.

They do seem to like me. Certainly no need for them to sniff round my backside everytime I post anything, unlike your good self.

What makes you think LSE admin are going to ingratiate your views when you're slagging them off all the time? Would you let people come into your house and verbally abuse you? From where I'm sitting, admin do a pretty good job of deleting troublemakers' posts, but if LSE is to be impartial, Knuttie's persistent foul language clearly warrants a ban.

Besides that, what makes you think LSE cares if you have a one day sabbatical? lol They're probably delighted not to have you wasting their time with banning requests. As I have said for months, why don't you just ignore those that come on here playing their silly shorting games instead of pouring fuel on the fire? Some of you are seriously losing the plot.

On a happier note, nice to see the SP climb in last few days :-)

@Petefal

While I entirely agree with your sentiment, MMs need sellers and there's clearly plenty of LTHs selling. Many of the people you're preaching to are no doubt the very same people enabling the MM's to trash the SP.

Clearly, some of them got their hands severely burnt after the announcement of Vanchem and they're forcing the SP down to fully reclaim the situation, and you wouldn't bet against them achieving it either. This is a problem BMN will have to live with for as long as its holders are dominated by PIs rather than institutions.

IMO, despite the rosy outlook, South Africa is an obstacle to investment so the markets will want some pretty firm figures established before IIs jump on board. In that respect, BMN probably have to go above and beyond your typical AIM company.

I'm also a little mystified as to the reason behind the V price drop and lack of recovery. 'Stockpiling' seems an unconvincing answer, after all, we're in May now. Of course, this will benefit the VRFB business, but I would assume the sweet spot is still significantly north of here.

As for all the arguing with so-called 'trolls' - it's boring and a complete turn off. Do you really think you're going to achieve anything by engaging with these individuals? You're simply undermining your own argument by displaying insecurity, which in turn creates nervousness and does their bidding for them. They've definitely got the upper hand round here.

Personally, as a long-term holder that has no intention to sell, I couldn't give a fig. The truth will out and the SP will fully reflect that in good time. No company is going to stay undervalued forever while spectacularly overperforming - that goes against all human instinct. Greed is greed, after all. Everyone will want their piece of the pie in good time and Vanchem proves the company is on track to deliver a pie of Desperate Dan proportions.

Great to see FM on Bloomberg. Hard for him to respond to specific questions while promoting the company under such time constraints, but it's positive that Bloomberg felt he was the man to talk to when it comes to both the political situation in SA + commodities/VRFBs.

This type of publicity will only lead to further opportunities to more widely acknowledge BMN's business model.

@Amxdd

As a LTH of BMN, may I apologise for the unjustified bullying you have faced on here. Unfortunately, the forum has become overrun by arrogant hypocrites who think they know everything.

They too have no doubt lost a bundle on share trading in the past - and probably at a much older age then you.
If you were as foolish as they're making out, you wouldn't be invested in BMN.

@RickKen

A quick reminder of my initial post: "If everything pans out as hoped, which is looking increasingly likely by the day following another masterful acquisition by FM, BMN's long-term future and, by association the SP, is secure."

@Canute40 "The lack of dividend announcements was in the realisation that any prior consideration to pay a dividend would, rightly, need to be deferred to help finance this deal."

In which case, why announce there would be a dividend statement in the first place? That indicates to me that the company were told ahead of time about the acceptance of the 'impending' Mokopane license and therefore decided to move on Vanchem. As you state, this then required the deferment of the dividend statement.

Thank you BBN, your analysis is peerless. Congrats to all genuine long-term holders that had the billy big balls to hold!

IMO, delays in comms are more likely to do with recent new appointments than cryonism. Besides, how do you suggest BMN deliberately suppresses the SP? By crashing the V price? Deliberately making sure production is down? Meddling with the accounts to show we're not making $2m a week? Prior to the announcement of a JSE listing, none of these seem particularly likely to me.

lol

Beautifully put BBN. If you're panicking, you either invested without having a full understanding of the long-term pathway to growth or you've been foolish enough to trade the share and shafted by those in control of (i.e. not you).

Don't mean to disbelieve, but every week, on three or four occasions at least, you claim to have bought £50k more shares. Without wanting to pry into your finances, either you've sold a boatload in order to buy or now own such a substantially amount of the company, nobody else could sell enough to move the price down substantially.

There are exceptions, obviously, but I think it's time to separate market actions and perceived SP underperformance. It is what it is and that argument leads nowhere. It's only a disadvantage if you're trading the stock. If not and you're long, surely it's an opportunity?

BBN continues to post common sense, the board continues to ignore and focus on short-term pricing, making for almost pointless reading on a daily basis. "Give us some news Mojapelo!", they say aggressively. What news? That he got a new jumper for his birthday? He'll talk when there's something to say that adds perceived value.

Despite the SP growth in recent years, the business is still early stage. Growth takes time and money - everything appears to be on course as far as I'm concerned. V prices have added a layer of realism that was sorely unexpected amidst the mindless positivity.

Feels like they're winning to me, unfortunately.