Member Info for contrarian123

getting very close to my target of 198p. Sub £2 as I said last Tuesday

Pokerchips, I see you are trawling through my posts like a man/woman possessed with finding something to attack me. Well Centrica is a recovery play for me and my nice low average will double next year. GSK I don't think so. However since you have nothing better to do than to look through my posts you may also find posts in some good quality growth companies. Keep on looking it looks like you have nothing better to do. Apart from wishful thinking of course for GSK reaching new heights. This dog as I have been saying is not going anywhere especially with the glorified marketing executive at the helm. I am not sentimentally attached to any company why should I give a toss about GSK or any other company for that matter. I only care for growth and if a dividend comes along even better.

no way 1495 - More like 1460 and a steady decline thereafter. Let's not kid ourselves most are lured in for the divi which we know will be cut, Emma Walmsley is still at the helm and this is a FTSE 100 company - not much going for it. I wouldn't be surprised if we see mid 13's by end of the month

and with a small profit. This dog has not much left in the tank. Especially with Emma Walmsley at the helm. FTSE 100 is generally a mugs game. Concentrating on FTSE 250 and some quality AIM companies for growth

Well this share has been pumped by many gurus on twitter and the internet and results are not as stellar as one may think. The 5% day traders with the focus of an amoeba are dumping today. I have to. If you can't beat them join them. I will await until it is sub 2 pounds.

Why hasn't the dividend been declared yet. They should have done so by now

Perhaps I am cautious but I tend not to believe people that have recently joined boards and twitter pumping a particular share. Because what else could I assume you are doing by referring to putting proceeds of your house sales and borrowing money to buy stock in HZM. Even the directors do not have so much skin in the game! The obvious alternative would be to think that you are a a fool. But 99.9% you are not.
I hope the less aware take notice and not read everything at face value.

Hopefully there's a takeover on the cards for this one. Why not?

Should be a vote of confidence in this suffering fund

No one is looking

Elliot are bound to show their hand very soon. They have a plan before they bought GSK. I hope they will do something to shake thing up quickly. The plan from the marketing executive and the rest of the BoD is to essentially load up the consumer business with debt and overspend on vaccines. Useless management throwing money down the drain to cover up their incompetence and see their jobs.

Hence why it has been drifting to 65p.

Was a you hit the nail on the head - Psychology

I managed to read the tweet of Mr C as he calls himself on twitter using an alternate account I have since he has me blocked on my main account, most likely because I have said something negative about HZM on twitter and he doesn't take criticism very well (usual types living in echo chambers).
So basically he says that HZM is seriously undervalued since market cap is at 5% of NPV. The implication of course is that it is a bargain at these prices (he actually says "ridiculously cheap").

He also contradicts himself by presenting a slide that says junior resource companies are expected to trade at 35% of NAV if
A. The project economics are top quality
B. The Capex is much lower than NAV
C. The management team are credible
D. Strong shareholders have joined the register

Surely one of A, B, C, D is probably not quite right for Horizonte according to his axiom since HZM is definitely not trading anywhere near 35% discount to NPV

I did exactly the same Rogue and reduced my position for a small profit too. I now have an average of 11.9 pounds and will probably re-enter if and when the price is slowly walked down over the summer but definitely under 12 pounds. Nothing in the presentation excited me. It's all in Elliot's court now. Main thing for me is to get rid of the marketing executive CEO.

Good to hear the marketing executive mentioning the word "shareholder" for a change. I counted 4 times so far.
It took Elliot management taking a position and pressuring her to start thinking that she is working for shareholders...

https://www.bloomberg.com/news/articles/2021-06-17/goldman-sachs-reported-to-u-k-regulator-over-spanish-fx-trades?srnd=premium-europe
I wonder whether our Russian undercover friend could do the honours and submit his research on GS activities. I nominate Nige as witness for the prosecution :)

Commodities are down. Waiting for a 530p entry

Or unless you know you can re-enter at a better price and deploy capital in the interim to work for you. There seems to be so much hopium breathed in on this board it is unbelievable. Theories upon theories paralysis by too much analysis. The market will walk HZM down whilst waiting on news. The choice one should be looking at is this and it is very simple.
Put the shares in a drawer and come back to it sometime during Q3 (who knows when...) or
Sell now deploy capital elsewhere and come back, if you believe that HZM is a great opportunity later when the price inevitably drifts downwards on no news or irrelevant/vague news.

By great opportunity I mean for the PI because for Institutions it is a given it is.

Which of the amateurs in fool wrote this piece? I agree with the British Aerospace recommendation and I am a holder but ITV having a dividend yield of 3.whatever%. Sloppy research. No dividend here. Extolling the virtues of HUB but failing to mention that the more the HUB strengthens it may be to the detriment of Britbox. Sloppy as usual from the Fool