RE: What the hell.......11 Oct 2019 08:35
Weaverslane. I’m in contact with several retail shareholders that hold >300k, myself included. Including holdings over 1m. Most are a bit irritated by the SP, but all are very relaxed by the business growth and opportunity. Are we all stupid? Time will tell.
The reality of a risk/reward investment is that you take your position based on probability. Is the product of quality, is there demand that’s growing, is it sustainable, are there barriers to entry, and is it profitable? For me - and what I hear from others - these are all an emphatic yes. Until each point is proven beyond doubt, people like major boy will sow seeds on points of doubt to unsettle nervous holders. Why somebody would waste their time making negative comments on a share they don’t hold is beyond me, but people all have different agendas. Lower entry points, short positions, historic grudges. Who’s knows.
The only thing to prove for me is that revenue can sustain operations and future growth. We are told this is the case, and even that from Q2 we are profitable, and operating inline with a circa £7m turnover and £500k net profit forecast, heavily weighted in H2. But this is not yet printed in formal accounts, so it gives doubt. But probability suggests that unless the company is giving misleading statements it will happen. Personally I think they’ll exceed these numbers, but let’s see.
The one think I keep going back to is the punters love our products/exhibits. 10s of thousands are attracted by them and many take to social media to express how impressed they are. This is why we continue to grow. So long as the numbers add up, the SP will eventually follow. As buffet said. The stock market is a short term voting machine and a long term weighing machine. It just needs patience.
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