The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm giving off negative vibes mads, even the missus says that, but.....million ounces....gold price at a high.....all the other mineral Shi te that 'we' have.... Its gotta be worth multiples of current price. Plus....huddlemuddleshuddlestone keeps forking out when asked. Why would he do that? It's the lack of investor relations that really piises me off. Come Mr P.....ffs ....we are wearisome. Give us a blóody spark.....is there anybody out there.......? 2005 I've had these!
3.5 million or so sold in 3 days. Prob bought on the run up the other week. Could it just be a t10? I dunno. There is no engagement whatsoever with long suffering shareholders. Modern companies hold webinars....nothing sensitive comes out of them but at least shareholders feel their company is doing something on their behalf. What do we get?....some boffin only 360 page load of sh it and kcuf all else.
Hacked off with it.
Anyone got any positive vibes before I chuck the towel in?
Hypermarlin.
This poster provides an explanation.
https://uk.advfn.com/cmn/fbb/thread.php3?id=46011501&from=11674#firstpost
I'm repeating this because I like it. Please skip it if you don't like it. I'm feeling very positive with a can of beer in the sunshine....
This is from the poster on advfn. I don't know him from Adam and was skeptical myself. But the CEO said YES when asked by the lady asking questions about sequoia.
I guess its about individuals interpretation and doing your own research.
From johnnyb....
Ok. Please let me clarify. I apologise if this comes across as patronising to any reader, I would just like this to be clear to everyone.
- Geography: In the USA, for Tech investments, think West Coast (California) as VC territory, think East Coast (NYC) as Institutional Money and Equity Markets.
- Tech startups are predominantly funded out of the West Coast, with the ambition of being publicly listed on the East Coast.
- Sequoia Capital is a VC (Venture Capital) only fund legal structure. It cannot invest directly in publicly traded companies.
- A VC’s aim is to invest rounds of capital into a startup until it is mature enough to be IPO’d or Sold to a Corporate.
- Sequoia Fund is the other end of the spectrum. It is a long only, public equity fund. In this case, run by some of the most respected fund managers in the USA on the Berkshire Hathaway model (not surprising as Warren Buffet, Charlie Munger and Bill Ruane are old friends and co-investors. Greg Alexander has been mentored by these boys as the heir to the throne).
The two holding structures (each structure has multiple funds within, so it’s a bit misleading to say ‘this fund’ or ‘that fund’) have a long history in tech investment, with many of the startups identified and grown by Sequoia Capital, finding their way into Sequoia Fund, amongst others.
In the case of Avacta, investment can only be made via Sequoia Fund. However, the sources of capital that invest into both of these structure and the people who manage them are the same.
The US tech investment ecosystem is very incestious, especially at the top end of the market where the Whales live...and Sequoia Capital and Fund are two of the oldest, biggest and most respected.
If one chooses to believe these structures and managers do not collaborate, then one chooses not to recognise how the US tech investment community operates. This ‘old school network’ is how they rarely lose.
I see nothing but positives for Avacta. Good luck.
It's funny really that every Sunday the bb's have a smattering of trolls....almost physcholgical warfare. Trying to make people fret. More chilled than I have been for a while now the US investor has showed their credentials. It's not some ****ty find that jumps in and out. The negativity is like any other unsubstantiated social media bollo x ...no substance. Looking forward to next week.
Greg Alexander doesn't seem to have nerves. The fund were looking at this for 9 months to a year. So pre covid. No doubt done a lot more detailed research and gained a lot more info than any of us on here. Yet they were still willing to pay 1.20 when it was 20p or so a few months ago.
That fund settles my nerves regardless of short term fluctuations.
Sparta i don't mind an alternate view. Far from it. . but that is a very specific question....CEO asked a question directly from shareholders regarding is it the sequoia that invests in Apple and Google.....he replies quite clearly....YES.. I see no ambiguity 9n the question or the answer. If he lied he would go to jail.
So.....
CEO asked a question directly from shareholders regarding is it the sequoia that invests in Apple and Google.....he replies quite clearly....YES.
He talks about 100's of millions of test strips ...per month!
He talks about currently putting in place the MANY manufacturing partnerS!
Am I missing something? More than happy to be proved incorrect.