Member Info for deepjoy

This rise is almost a scary as the falls..... whatever the reasons behind it. I hope people aren't been set up for another harsh investment lesson - chasing previous losses by buying back in on the rise... GLA

When the BOD of directors as a total come to 3% of the holdings and a person called NS another 3% there isn't much skin in the game here and these people appear to be simply salaried managers.... lesson for me there ...

I never filtered anyone before today and now that's two ….. I like it, feels good when you get the chance. Vin why not consign the div to the bin also !! :)

blue atm ??

Andy...look in all seriousness I think most people here are really as p%s*ed off as you!

I know I am but a stark choice now presents.. we either look to the long term and calculate the potential % gains from all the revised calculations or sell at a loss which in my case is not huge but significant. I appreciate your concerns and I share some of them but the investment case; might not be stellar, remains compelling albeit with some risk mitigation taking out the % potential rewards.

The BOD may have to shoulder a large proportion of the blame for the way things have been handled over the last week or so but, in my view at least they have acted in a far better way than a host of the others would have done on the FT...

I am trying to stay positive and on a lighter note the only concern I now have is wondering where Chesh has gone? if he has bailed that would be serious if only for humour of his sign offs..... #whereschesh

regards all

perhaps he has opened a short ……..might as well see to profit from his anger

that my care home fees sorted for 30yrs then :)

Myosotis - your a legend and fair play to you for continually plugging the dour sentiment with project facts...…

Respect

yep... but the positive on that is the more room there is for a significant % re-rate upward in due course.... I have emptied my broker account on this one and will have to check behind the couch for money to pay my quarterly fees now … that's the only factual bad news of today.

if only to inject some humour.... for what its worth the only people selling at the moment are those whom I suspect are selling at a loss whilst wishing they could have bought in at these prices...the irony of that perspective!! :)

The only reason that this would go lower in the short term is sentiment and on that point I am Myo…. I look at my exposure level with this share and to be frank it is horrendous... I then ask myself where else would I invest the capital that doesn't carry inherent risk and on that point I rule out the FT100 (given trade tensions and currency speculation) and I look at the FT250 and what do I also see risk.... forget cash I think unless I want to line the pockets of others.

So, I revisit my choice to invest in SXX and note that nothing has really changed with the investment case, I may not get rich but get rich shares are very, very, few and far between. So even with the levels of exposure, I cannot bring myself to sell on sentiment, simply because it makes no sense to do so when short term SP fluctuations would inform the decision making process.... I am still very optimistic on this company and revisiting fears on what may come to pass from a negative perspective is as equally destructive and being over optimistic. This SP is not going to recover quickly in my view, any further torps etc, are pretty much now priced in. Until the dilution issue is resolved I am pretty much going to sit on my hands while others look for exit points....rightly or wrongly I think the dilution risk is now priced in as well so selling at this point would make no sense on the basis of perhaps a 10% downside risk. JMHO GLA

its not just SXX , every single share I own is in the red or suspended and going to be well in the RED...…

Could be worse, I woke up this morning and still have my health (for now). No wonder i never went into a career in finance, that said i may have got paid more in share options etc for getting it consistently wrong!!

glass half full even thou it more than half empty!! have a great weekend all i am off to the pub!

Milo, I pretty much came to the conclusions, and after a long despondent walk my perspective is significantly less clouded...what is certain I that the likely return is better than cash in any event and the divi when it does come will be progressively attractive on top..

Well said... me to :)

eurofox…..I admit in hindsight topping up massively at 24p yesterday was a mistake on my part.....I am now over-exposed and whilst just about comfortable with it at the moment; do see such positioning as fraying the old nerves which ever way this goes over the next few weeks...
I should have given much more thought how to react to things yesterday but that is perhaps common to many others as well. Still have faith but disappointed in my own response.... hey ho live and learn and all that ...

I think sadly we are now in a position where there is a changing of the guard... PI's may be averaging down but I suspect that the majority will be looking to jump ship asap if it rises given the change in perception on this share...likewise traders will be on these movements ….. been here before and it's a long slog back especially given the outstanding bonds and current levels of shorts.... patience me thinks....

downbutnotout - thanks but I have never sold SXX to date and even used up my contingency funds for more shares earlier this week, hence having to sell out of other companies to find the cash to buy more this morning.. I like the BOD and actually see the biggest risk to this project as being anything happening to the CEO, who in my opinion at least, is a top bloke!! GLA

sorry I should have been more clear - I sold ONLY my others share in other companies not SXX to buy more on top of my original holding so underwater for a while I suspect but at the same time happy as one can be I suppose.... It may drift lower I suspect but either way I cant see this going below 23 again..... JMHO

Well I admit I did panic sell at a small loss...… BUT sold most of the other shares in my portfolio to manage to get more in here for 24-25p range .....never did I curse the broker platform more then waiting for the other sales to clear...… still down but my average is 4 p less so whether I like it or not this company is 68% of my portfolio …….stupid or brilliant at least I made a decision and see what happens over the next two years...GLA

Well for what its worth LTHs will no doubt appreciate the fact that the risk / reward journey on this investment was never going to be a breeze......
Whether it is insider trading or not is not something that I have control over but faced with the choice of selling or not I am opting to stay put and remain realistic on the propects of the company....even a 50% dilution over time, still represents an attractive long term investment, maybe while some of us sit on undoubted paper losses today we would perhaps remember that point. I expect to be in the red significantly for the third time in three years with this share but history tells me that months down the line it goes blue once more.....regards to all