Member Info for contrarian123

Bwana I have worked in more than 20 big engineering projects in IT - stop being a smart ar.. Always the last 20% takes more time than planned. I have also overseen 3 renovation projects - same thing - I have also studied lots of project work in many fields. These are averages not saying it will happen here but experience says it more than likely does

My experience in projects is that the last 20% takes way more than originally planned. So 60-65% completion and budget tracking so closely gives me reason to believe that they will need another fundraise. Not going to do a deep dive in their reports which in many cases will hide the detail (usual tactic), but instead will let my experience guide me.

There is no fear yet by any measure technical or emotive.

Just as I thought, no HZM bull in sight today apart from an aspiring TAer. Funny how they all bring their calculators out when the price is rising or chopping about but go into hiding when it falls. Isn't it so pickled peck dear?

I have no interest in shorting HZM - There is no joy in short selling stocks like these - There is plenty of joy buying when fear sets in.

Bottom fishing on AIM stocks is a recipe to get burned badly

Ha ha - Desperate attempts at TA - You may see a small technical bounce but seasoned TA'ers know that what is oversold can stay as such for extended periods of time. This is by no means of an indication that sellers are exhausted. Please study harder. You need other things in your favour especially with stocks with such low volume and float as this. G good try though

So no-one has a view as to whether a further fund raise will be required. I am betting personally on the big powers that own this and Jeremy works for, that they will push him to get another fund raise as a safety net. Opinions to the contrary are welcome. Let's see what the dreamers think

Yes of course there is always something to blame - denial delusion then comes grief. All part of the stages of failure

Nice bullish close to my first target mentioned below at 114p. We have had a close above the declining trend line since Apr 23. If the action continues next target 152p

Meanwhile, in the space of a month (24/07) 20% down on the share price. Someone with a 100K investment (incl. profits) is now looking at 80K. Hope some of you got out at the top

Genuine question. I don't have time to read the drivel in their statements nor will I ever do. But I read price action and it seems to me that the market is thinking another fund raise is on the cards. The usual will happen the PI;s are going to be disappointed, the long termers will be speculating as to whether they will be allowed to participate. In the end some kind of breadcrumbs will be thrown at the PI and well you know the rest when a fund raise happens in an AIM company in the wider macro economic context we are in.

So will the powers that be demand an additional safety net via means of a fund raise? Questions questions questions

3 years and more now all I see ids the usual people coming on this board to support a dream they were sold and bought. 3 years where they are desperately trying to ramp it up so that they can exit with a decent profit for their stubbornness. Keep dreaming

A cash raise is yes highly probable. Why do you think they upgraded brokers to Barclays? Masters at that sort of thing

Exactly with a nearly 20p spread there is no way any PI with their head screwed on will get into this. Had a buy order for 4.83, trading view showed that it had dropped to 460p but my order never filled. Absolutely ridiculous.

Ant1986 - I am getting so bored hearing all this type of jam tomorrow for 3 years here from the deluded hopefuls. Honestly either most of you have amnesia or some deep denial issues

HZM TornandTony - "Uncertain if it's a haven" please give us more of this hopium and copium you live on. There is no AIM company that is a safe haven. You are probably addressing the naive. Timing is everything in these types of stocks. When you see them closing under an 8 or 9 day EMA sell them before your capital gets eroded. Timber today again.

My prediction will proven right again as per usual. It get very boring after a while.

If you believe you could sell now and buy back in later. No advice DYOR IMV and all the other usual cover you behind nonsense

Define short term - With HZM the price is ranging since Dec last year. You had 3 opportunities nearly 3 months apart to sell the spikes. Prior to that from Apr 22 to Nov 22 it was in a downward spiral. From Feb 21 to Nov 22 it is on a downward trajectory. The buy and hold strategy may work for big companies (although not much anymore). There has been a paradigm shift - buy and hold does not work anymore. Only short term trades do. HZM is desperately trying to escape a downward trend line since Feb 2021 - nearly 2 years now. It had a couple of fake outs out of that in APR and Jul. and now it is heading to another bottom. China is not doing well and unless you believe that they will introduce some kind of stimulus the future does not look very bright

I see you are new here evident by the fact you mention 1000's% profit. There was a split a few months ago. Anyone that bought in the 1-4p region is effectively as if they had bought in the 20-80p. so we are not talking 1000's but a decent profit. But the thought this would have been 10 pounds by now.

This board is not the only fountain of knowledge