Member Info for devonplay

"Bonkers", Dizzee style...
https://www.youtube.com/watch?v=ISy0Hl0SBfg
LOL

Another 2% on open......down, down, down.

Almost 4% down on the day. No great surprise.

I doubt it , I don't like setting auto-trades, so I'll be watching out for the sub 17p for HBR :) Good indicator of the next leg down.

As we race to close it looks like we might get that excitement after all. SGI & HBR both look to finish in the red. No great surprise there.

Here's the thing when you start to panic and want out of a stock...you spend a year telling everyone that Covid and young people will drive it's performance....and when it doesn't, you think up another fantastic reason why it will out perform, maybe Rolls Royce drivers, but it does beg the question: what's worse? Trying to delude other investrs or trying to delude yourself?
Self delusion is a serious risk for a private investors, right up until you've lost all the cash. Then it's the MM, the "City", Directors etc who are to blame...unless it's Big Mike Ashley at the helm, of course. He's a saviour. *cough, cough*
So until we see that "jam just round the corner" we have to agree, the only thing rocketing at the moment is almost everything else. And, Pearly prediction are always bullish, but their accuracy is as rare as hen's teeth.
;)

Well this is getting dull. Broad rally steams on, except for SGI & HBR.

Even ARB was up :)

"Blue everywhere, except here and Harbour, no great surprises."
Another day of the same....miserable when you miss out on a general rally, maybe even the bull market until 2023. That's possible.

Just when you thought it couldn't get any worse, sorry less worse, for SGI:
NFT Investments PLC
("NFT Investments" or the "Company")
IPO target doubled to £20m amid strong demand
NFT Investments, an investment company specializing in non-fungible tokens ("NFTs") , is pleased to announce that it has doubled the size of its initial public offering on the Aquis Stock Exchange Growth Market (Access segment) to £20m before expenses, a record amount to be raised on AQSE.
The increased fund-raising move is in response to strong investor interest in the Company's planned share placing and application to join AQSE later this month.
NFT Investments is being launched on AQSE by the co-founders of Argo Blockchain, a leading crypto miner valued at more than $1 billion, to invest in NFTs. Due to the strong demand, the Company now plans to issue 400 million new ordinary shares at 5p each to investors, twice the size of its initial goal. The placing is expected to value the Company at £35m on flotation.
A better capitalised, better connected and in-demand competitor. The market values is @ x3 SGI's.
Time to go private, de-list and save the costs?

Less busy? Maybe? ;)

Blue everywhere, except here and Harbour, no great surprises.

LOL...no surprise there. "Less Bad" is alway bullish.
Bad, just less bad. Why wouldn't you think was that bullish hahahaha

"I really did not think the update was that bad."

I believe the term you are looking for is "less bad".

You must brush up on your RNS speak if you think this one was "bit rambling and oddly worded". It looks like others understood it...... and marked the price down.
"debt is under control" LOL except they couldn't service it. Classic :)
The Management talks about having spent to push the company forward, but "we are yet to do so".
Pearls identifies a cash faucet that's delivered c£600,000 in the last 2 days! WOW...on the same day !!! :) LOL

"Devon, you are really commenting on the state of the general stamp collecting market"
I don't disagree with your view Carpe. What I was trying to explore if this single growth area is any less vulnerable to the long term direction of travel. Your comments confirms my view, as far I can see, and future performance is very much in the lap of the Gods. For the rational there's either a managed decline strategy that would benefit the creditors over the shareholders or a long term small niche player that might, in a half a dozen years time, produce regular returns down the road. The glory days are behind them and there's not much escaping the decades of decline in stamp collecting.

LOL "Tomatina festival in Valencia"

I was long the debt in PMO, and short the equity (in a notional sense).
I very rarely buy single shares these days, I prefer IT's & ETF's.
HBR's share price might yet recover, but I'm negative on the long term. My only "oil" play is via Enquest's PiKs. Why hold something the city, world and public hate unless it's bleeding from the eyes...it's still too frothy for me.

Yeah, you get the impression it's churning low value stock. I guess there's both your and Pearls observations about Ebay.
I guess that begets the question how relevant is SGI?
I suspect the comments about the publishing business tells us something. Where people think the relevance is.
My impression is the publishing business is very dependant on a small number of old times. The kind of dependence that's slowly shuffling towards an exit marked retirement and happy hunting ground in the sky. Interested in your comments on that point.

"It could be worse, you could be facing a sleepless night worrying over PMO. Quite a drop today, could be a blood bath from here."
Opened under 20p?