Member Info for DillyD

Just had this through email from BSFA. What does this mean for holders? Issued on the day of the auction?

Thanks

Can someone advise the positive response to Peers Hardy. From what I have researched they seem to be big in retail but a lot of it is low end, Argos etc. I have been a watch fanatic for 30 years and Peers Hardy isnt a big deal for me when it comes to watches.

Dont want to be negative, Im in this for £40k! Im hoping the CEO of Peers Hardy himself is the bonus here. Because high end leather goods dont seem to be a fit for Next and Argos.

Thanks

There is something about this that really has me interested. Ive dropped another £5k in at 2p. No more spare cash so now is just a waiting game. When the leather takes off and funding comes in, commercial leather sales itself will then fund the other facets to BSF. The odd thing here seems to be several very exciting facets to the company that can all be emerging at the same time. It means the company doesnt have all its eggs in one basket but if they do all take off together it might get a bit silly.

Can someone briefly explain to me how you are buying and selling this stock when the spread is so wide.

Person in the thread below saying hes sold at 3.25p and bought back in at 2.4p.

I am not a professional trader 'obviously' and buy BSF through HL. Typically though the spread is 0.5p to 0.75p. So this kills buying and selling for me at very small profits. I would need jumps of 2p ish at the moment before its even possible for me to sell.

Thanks

If your having a bad share day at any point you can have a giggle at my expense. I was sitting in bed this morning on the HL app considering dropping another 10k and hit deal instead of quote and ended up buying in at 3.6p which was way higher than I wanted! Lesson learned!

I agree. But they pulled out of the funding themselves because they know they can get better terms because of the position they are now in. With all the facets to this company funding will be easy. Valuation and what terms to accept is the tricky part.

I see the online charts have been amended to remove the ten fold error. So unless being at 40p a few weeks back it is now correctly showing as having been at 4p.

This might have a significant impact.

Is it possible BSF Enterprise have backed out of the financial backing because they know early April the Trex launch Is going to be a big deal. They have asked for better terms on the £15 million deal and been told no. So they think we're in a better position now so we will go elsewhere for funding.

This can't stay at such a low price and they have years and years of research and IP to not be a big deal in today's times.

Do I drop another grand in to help recuperate my initial 20k that's the question. Decisions Decisions.

If the market cap is £100k. Why does another business not buy the lot and all the IP along with it?

I'll make you feel better. I put 20k in this a couple of years back.

A market cap of £100k!

What's going on with this!

On its arse and all the charts are wrong showing its been over 30p in the past. Is this all just to do with the war or something else going on?

Thanks

My feelings exactly. If an investment company is pumping 15 million into it then id suggest they have some faith and I'm pretty sure they will have done a damb site more research than I do when I dabble!

I've topped up £1500. The scary thing buying nearly the same amount of units I did when I've paid £18k in the past.

It's not good news for those already in but they must have decent plans if they need 15 million! You can probably tell I'm pretty good at this share thing!

One issue is people have bought into this in the past from 1p to 20p and everything in between so everytime it sees a rise its going to see a settle as those take profit. A really proper big commercial deal however could wipe all that small scale stuff out in a heart beat and provide a stable price that reflects the capability this company has.

Whats with the negativity. New chairman can come in and take this places. We have all moaned to date it isnt happening so surely a change at the Helme can only be good.

Would 3p be good? I need more like 13p to break even!

Che Connon was presenting at the Freiberg leather conference yesterday. It's a funny one this one. I bought in originally at 18p. Have since bought in at 3p. I'm thinking this can go back to break even point for me which is now around 12p. Then I think there's potentially 5 to 10 times your stake to be made here easily. I'm really surprised this isn't getting gobbled up at these silly low prices.

i phoned and asked fidelity about this and was told they would only do it if there was enough interest. so i've dropped the 5k i was going to put into this elsewhere in my isa. i'm ****ed off if i've been given the wrong info!