Member Info for devonplay

2nd day SGI has appeared in my top loser. That's a bad omen, if that happens again then the quoted price usually follows it down. It's not science, but just a pattern I've seen most of the last 12 months.

Flagged up today on my scanner, another leg down over the next few days? Wouldn't be surprised. It's flagging it up for me suggesting that. It's not clear cut, but if we get a few days of it showing, then I'd be more confident about calling the down leg closer to 2p.

10% not a bad start.
Now I wish I'd dug deeper.

Yes all received.

"We'll have our day in due course"
Yep, that's why I said check back in 2023 "check again in 2023......see if it's alive and kicking. ;)"
Pearls, please and try and keep up.
You do seem to be taking my attempt at a consensus on board. Good start to your star year of daftness. LOL

"Don't be daft!"
LOL
Lovely rally ...everywhere else.....SGI..sellers in control again.

"Their paying down bonds while owing 1 billion in redress ??? This is surely a red flag for the fca ??? Why do bonds take priority??"
Because it's Senior Secured debt that ranks at the head of the cap table. The question is: what it the Boards idea or the bond holders.. Senior debt gets a call on the assets and cash flow ahead of equity holders, they need to be serviced before shareholders get a look in.
Who's idea this was makes for an interesting question about the the future.

I'm sort of sorry to see these go, I hold the 7.625% 2024, so now I'm looking at working out my average and cap gain.
Onward and upward. Not sure what it will mean for equity holder, I remain in 2 minds over that question.

"Don't be daft!"
"I think this share is going to be one of the stars of 2022 and am expecting the shares to be a top performer this year"
In an attempt to find a consensus:
"I think Pearls is going to be one of the stars of 2022 and am expecting the daft(ness) to be top performing this year"
- never say I don't try.
Happy New Year!
As far as SGI, check again in 2023......see if it's alive and kicking. ;)

0 buyers, not even our bull willing jump in.
If we've reached the bottom why no buyers?
You would think our bull would be jumping in with both galoshes. Must be the worst signal in the world, a bull that's not willing to average down a deeply loss making position.
One small slip and it's into the deep dark abyss.
The bottom of the ocean is a very dark lonely place, so lonely you'll never spot a buyer. Don't get pulled down by the vortex of someone else losses.
Best avoided.

Calling the bottom, well SGI is a bum share, so we can agree on that.
No buyers again today, just sellers.

"As Devon points out, turnarounds take time. "
Yep, good that you have seen the light, could be worth a punt in 2024.
I still have a target of 1.80-2.2, not that far off...

"2.3p is an all time low correct?"
No, it's been lower.

I still think we could go below 2p.......bit surprised the bull isn't buying, perhaps it was different kind of bull all along ;)

Don't I haven't warmed them ;)
2.3, I don't think that's the bottom. I think we yet might see below 2p.

Pearls, you made all kinds of forecasts DURING covid. Have you forgotten?

Certainly know one is buying the shares LOL
Let's hope they are, they need to to make up the £20m of sales you were forecasting for 20/21.......hahaha
Next year, next yea....your starting to understand turnarounds take years and years....maybe worth looking back in in 2024.

I thought I was going to be able to make a note in my diary, a buy had appeared, but no as usual...its another seller.

Still no buyers, the Directors don't want the stock, even our "bull" is shunning it......what a disaster!
Just think all those forecast of 00's % of increase in value LOL and it's sunk.

Testing 2.5
If that breaks, 1.8-2.2 on the books, if we don't see any buys soon that will be a whole week of nothing but sellers as far as I can see.
Even the "bull" doesn't appear to be willing to buy......speaks volumes.