Member Info for devonplay

Nervous week ahead for HBR'ers. Decisive move down this week could bring 240 into play over the summer.
To think, some were pumping 800p target by now...who could that of been LOL ;)

This is enought to make Jim Jones spit out his Kool-aid.
Guiana stamp for the Guyanese!
SAY NO: Mr Colonial Overlords
Let's get #guianastampforguyanese trending on Reddit/Twitter and Facebook now! ;)

The writer of this article said it was like "looking at the Mona Lisa" Oh dear...some people.
Mona Lisa, only if she was wearing the Emperor's New Clothes! ;)

World's Most Valuable Postage Stamp Falls Short
"Murky in hue and scribbled upon by a colonial postal worker and former owners, the stamp disappointed some visitors to the museum when it was displayed there a few years ago. "I would say a common reaction was – 'this doesn't look right,'"
Quite the bargain.

1960's floated price fell below floatation
1970's bought by Letraset, never made money from it and the Chairman later said "significantly over paid for it"
1980's Letraset dumped it as they said they were "fatally weakened by it's loss making Stanley Gibbons subsidiary"
1990's bew owner reduced value to £4m after a series of profit warning and listed on AIM
2000's we know the recent history, fall from 240p
2017 enters administration
2021 borrows stock and commits to give major creditor 50% of any profit...defers payment on debt schedule/unable to meet obligation
2021 (mid year) the Co-operative Republic of Guyana news web site,Stabroak News, recommends a an "unprepossessing scrap of octagonal paper" to it's readers. 22% of who are unemployed. The country is ranked to have the highest suicide rate in the world (WHO 2014 Global Health Report)

It's a tough call....do we go with Reuters, who think it's a wrong'en or Stabroak news...that famous financial news website from the the Co-operative Republic of Guyana?
LOL it's a tough call hahahahaha
Guyana...GDP of US4 billion, inflation of 12% and unemployment of 22%
Talk about scraping the barrel ;)

"2.5p underpins the sp."
Hi CD, I'm not so sure about that. As a percentage of their (vehicle's) portfolios SGI has been a falling. That's not because they've been selling, as far as I can tell, just their other investments have performed better...SGI has simply got left behind. I can't imagine them wanting to take a larger percentage of the equity, that'd run the risk of having to take it private, and they appear to be more interested in leveraging their secured debt position.. So who would want to support it if the figures are as bad as expected? Private investors? They haven't shown any great interest so far? Trade buyers? Not with a debt stranglehold in place. So I think the support for the share price is quite limited. The only support I can imagine is lack of interest from those with big loss hang over positions. That why I think there's no line in the sand. If the figures are as bad as expected, then it's only those who see blood in the water, so a price below what Phoenix stepped in with. It's going to be interesting.There's very little margin for error. I think they whole NFT thing is a distraction and designed the benefit their other business. It's the final stripping of an asset....before they chalk it up to experience. Turn around is like that, a bit like start-up investing, it's a numbers game. You accept, and expect, failures along the way....

"everup do you really think it could go that low?"

It's possible 1.8-2.2p if the results are as bad as expected.

It looks like another bad day for SGI is developing. People getting out before being crushed by the upcoming release of results.
Buckle up for more turbulence!
Meanwhile, every day HBR looks more likely to reach 16p (old money).

I've held, and do hold, LIV1 & 2, so added this to my watchlists for the obvious reasons.
Prospectus says they aren't planning to provide any dividend yield. I don't expect anything in the short term, but will keep an eye on if for a future alternative to the ORB listed vehicles.
They listed at last ;)

Another awful day here and HBR, any more tips Pearls? :)
I need another a short! LOL

"some good lots on sale today and tomorrow, many bids coming in."
So good it's knocked 5% off the share price ;)

I amazed how strong HBR is, still expecting under 16p (old money)before long.

Short term speculation pushed the price up above 3p. Reality, and volume, has now struck . They've seen the NFT idea is a busted flush so doing the logical thing. Weakness should push the price down towards the results and the capitulation on the release. If the results are as expected, sub 2p is in play.

....sea of red.

"folk who never worked out a decent exit strategy and are now stuck in the stock for much longer than they intended"
Comedy classic. You sure you aren't just saying these thing to make me laugh :)
I can't think who this makes me think of...hahahah

2 years nonsense! They've been around for 4 decades. At points had greater cash than their market cap and a double digit yield. Record himself was big wheel at the BofE. The UBS involvment is potentially a massive opportunity to delevop a mutli-currency ESG fund. The business without UBS is already profiltable and they have fairly developed moat. It's a collaboration with UBS, so they get access to UBS client base. Record have 40yrs experience, and unlike SGI, they have not had any period of financial bankrucpty. Personally, I'd take 13% yield for any number of years from a company with a solid balance sheet.
What you don't understand is the differnce between value and cheap. They are often cheap for a reason.
A substainable currency strategy is very much on script, unlike owning a oiler ;)
2 years LOL really, you need to rethink your strategy for investing in dogs stocks like SGI if you think 2 years is a short time.
If you had bough at the botton of the cycle you would have locked in a 13% yield..add that to x3 cap gain...that's an interesting company.
SGI in 2 years time...well.

LOL, nothing like it. Healthy balance sheet, sales growth and substantial AUM. Large involvement in employee shareholding and pays a dividend. Has diffeent could it be from SGI HAHAHAH

REC continues it's upward march with with closer partnerships with UBS. I'm not a buyer myself at this price, but I wouldn't be surprised if it moved up another 30% over the next 12 months. I locked in with a double digit yield and what I perceived to be a hedge against general market activity. Interesting times.

"HBR is a disaster waiting to happen for hapless private investors, might be worth a re-look under 16p. Even then it's doubtful.
With the world looking to accelerate the move to post internal combustion, 2025, then these type of assets are only worth looking at if you own the secured and discounted debt or when they have blood dripping from every orifice. At the moment, HBR is being being held up by the hapless...I might have trade if I see blood. Until then, it's not worth bothering or holding."

- it gets closer everyday!