Member Info for EyeGuy

Yep. I noticed that. On HIVE website it says 30th May.
One of those is wrong

Yep. SP here surely has to move up. Priced at circa cash value which surely doesn’t take into account any earnings at all. Market should wake up imo

I added yesterday. Not a lot but it all
Adds up

https://mobile.twitter.com/MisterPositive_

I had the same and I think it’s the same bloke impersonating me and on advfn
What an idiot

You have an twitter imposter claiming it’s you on your lse account.
He’s blocked me but I would recommend trying to get that clown removed somehow.
He’s claiming he is you pal

Mister positive- is that you on Twitter messaging me? If not you have an imposter

The ADVFN poster is nothing to do with me

Yep. Been stalked again on twitter.
Been contacted out of the blue and have been told “don’t contact me again”
Lmao. I can smell the boiler room lol

that's not me on ADVFN. Its an imposter. I haven't sold a bean.

He is a sad ****. He set up the account to warn others about my share tips. Like BLOE from 2.6p. Terrible call that one. And BCN from 13p. Another bad call. And ARB from 4.2p.
See what I mean. I will never say I call everything correct but I do just fine.

Looking good. I think we will be in double digits this week. BTC up circa 50% since the operational update on May 7th.
We should do well here

Lovely! Live BTC price $8023. Big blue day ahead imo

Bitcoin over $8000 now. Up 10.54% on the day

Xataxx- I maintain too that this sp is unsustainable if the bod produce from May 127 BTC per month.
They should be approaching 200 BTC by year end with the new machines.
And at this BTC then imo they would clear possibly £800k per month which is circa £10 mill per year if those BTC were sold.
And a company with £16 mill cash plus hive shares plus 400 BTC cannot be worth £20 mill mcap.
It must go much higher imo. This is the inception point now. From where a company which last week had no direction now has a clear direction and a likely very profitable business. Plus the cash to do it. Plus the tie in with the worlds largest crypto mining company.
I cannot think of any downside here unless BTC tanks but personally can’t see it.

Bitcoin flying. Approaching $8000. Lovely

The share price is purely determined by supply and demand. If there are sells at this level then then sp cannot rise until they have stopped. Other option is possibly a big buy order in so mms won’t release until clear

Good post and that shows how undervalued ARB is compared to HIVE- by a favour of 3-4.
But key point is here if a company has £16 million cash, 400 BTC plus hive shares in the swap, there is no way the whole company can remain valued at this level if they are mining 190 BTC per month.
At today’s prices that is over £1.1 million per month revenue. Possible £700k profit per month.
The earnings and future earnings of this business take up about 0p on this mcap.
I can’t for the life of me think how that is sustainable. Growth companies like this can start off on p/e of 10
Could well be looking at over £100 mill mcap this year if BTC holds or goes up

. The Company has previously announced the purchase of 1000 Z11 mining rigs which are in production as of 2 May 2019 and 1000 S17 mining rigs which will all be in production in July 2019. The Company is pleased to announce that an additional 783 S17 mining rigs have been purchased for a total consideration of US$1.5m. These new S17's will be in production in early Q3 to meet the significant demand the Company foresees from the partnership announced today.

BTC recovered somewhat and now at $7500 ish. I maintain that at this mcap, no earnings at all are priced in as the mcap is taken care of by BTC on the balance sheet, HIVE shares and cash.
Should still be making circa £450k per month from now if they can mine circa 130 BTC, but would expect that to increase now

Agree that 11.6p fair value is based on BTC possibly $3500 ish. With BTC at today’s price I make it £450k ish profit cleared per month (based on mining 127 bitcoin) and the costs fixed to what has been reported.
But they will be mining more based on the hive tie in and also purchase of new machines.
As I said if you take off cash, hive shares and the 400 BTC they have , the whole business is valued at about £0.
£500k per month profit should be valuing this company at about £80 million at today’s BTC price if you add on the cash imo.

Should be a cracking day tomorrow. 500k share sale holding this back. So even up 25% with that being worked.
That’s why the spread was wide too. Looking good