Member Info for devonplay

"enormous liquidity"
- in a micro-cap stock with one holder having over 60% of the equity LOL Those damn manipulators hahahaha
I'm just surprised it's held up so well. I was expecting sub 2p again. Maybe soon.

" It is more or less impossible to buy shares in SGI without a sell coming through for a roughly similar amount."
- I've lost track about how many time I've mentioned liquidity. You've always disagreed....

Those 100,000 buys are really driving the price...................................down.

It's there.

Just checking myself.. According to Hargreaves 4th Interim was to be paid on 29 January.
On 14th January, via RNS:
This dividend will be payable on or around 29 January 2021 to holders of record 22 January 2021. The corresponding ex-dividend date will be 21 January 2021.
I haven't recorded it in my cash flow yet so I'll need to check my broker account. Will let you know if I haven't had it.
Lets us know if you have.

I hold gold bars as well. I made a habit of picking up 50gms bars when I visited London. Back in the day. Antique coins appeal, but not at this point. There's plenty of stuff I'm interested in before them. At the moment, I'm adding to my positions in alternative assets debt. I hold the silver rounds for the end of the world...and me of me situations. LOL
As you say, gold and and index linked products for inflation. I invest like I'm passing the asset on or creating a family office. So, with a generational view gold has a place.

I hold silver, but prefer bars over coins. I haven't done anything with them they are just in my store room. When I do buy "coins" it's usually in the form of rounds. I found it's the cheapest. I quite like Baird & Co. I think they are the largest refiner in the UK. I'm going to have a check and see how my holdings are going. From memory, post VAT, I hold rounds at an average of £17 - I think today they are around £24, pre VAT. Not bad, I've have them for estate planning more than anything else.

And the selling continues.

Series of 350,000 sales.......

No effect on the price?
- it's gone down today much more than the market!
well, except for PMO.....
To be a buyer there has to be a seller. Who's dumping all this stock? On such a regular basis!

1.4p....that's why I thought Carpe might be overly upbeat at 2.5p. Plenty of potential downside from here then.

I don't disagree with any of your comments.
Real investors, there's just so many better option out there. Why have something so illiquid, small etc if you are looking for a recovery play. When it's been possible to pick up discounted stock that comes with yield.
On a total return basis even some real dull stuff could have given you 20% this year without any sleepless nights.
That slow retreat, maybe even sub 2p?

"...….at some stage this will start affecting the price."

tumbleweed here as usual....not even a Pearly prediction to keep us amused :)

- I own a small amount of the debt.

Good update from Very Group in the last few days on Christmas/2020 sales: https://theverygroup.com/investor-relations/announcements/
https://theverygroup.com/wp-content/uploads/2021/01/Christmas-trading-update-FINAL.pdf
Strong retail sales growth, up 25.2% year-on-year over the seven week period
• Home and electrical were the standout categories, up 46.2% and 44.8% respectively
• Over 500,000 new customers, up 25.5% year-on-year
• 139m website visits, up 49.7% year-on-year, with 100% site resilience
• Sales via the Very mobile app up 33% year-on-year
• Retail sales for the Black Friday promotional period (6 November to 2 December) up 25.8% and
web traffic up 55% year-on-year, representing Very’s best ever Black Friday period
• 3.9m orders processed – peaking at 265 orders per minute – through the Group’s new highly
automated fulfilment centre, which launched in March 2020
• Delivered up to an industry-leading Christmas cut off time of 7pm on 22 December
• The Group was well prepared for Brexit and has seen no significant operational impact as a
result of the new UK-EU trading relationship
- not all retailers are the same, useful bench mark.

As an existing investor in Bagnall Energy I'm not sure how I feel about it.
I sort expected DORE would have some impact on the Bagnall, which they've funded by issuing debt with a very, very, very low LTV. I wouldn't be surprised now if there's no more debt issues. or very few going foward.
Overall, I still prefer debt over equity for this sectors, even better when it's secured or very low LTV.

Which company did you ten bag in?
It's a private company that raised cash on a peer-2-peer platform. Bought by the market leader.
with the right 'stimulus', so who knows what's possible here?
Sadly, if that happens I think it's going to be many years down the road.
ARB does demonstrate that a company's shares can go from 3p to 103p within a matter of weeks?
Maybe, but it's in a hot sector, where as stamps are anything but that.
- I've taken a position in RAVP recently. With the yield being c12% and the possibility of 30% capital return it's a good way to play oil and covid at the same time. With high quality real world assets. Certainly not one to bet the house on. Still, if things take time I'm still getting 11% income while I wait, and I come ahead of the ordinary shareholders if things go wrong, but of course it Russia.....and there's that Invesco holding. Looks even money, downside as big as the upside. Still, in a diversified portfolio it might just work out OK. My profit from today will be going into my pension, alongside the SEIS relief, the pension contribution tax relief compounds my return. I'll be going for UK, European and US smaller companies. I'll get the extra 25% that way ;) and the chance of a further double digit return on smaller companies if it all turn out OK!

I own the company debt, for equity holders a very nice rise in the share price. Decent report this morning.

Total return, including tax relief, x17

Morning to celebrate for me. First 10 bagger of the year. With luck, should have cleared funds later today.