Member Info for faramog

formatting on my phone all over.. cant make sense of what it is saying .... a brief text appreciated anyone

based on what @Larky ?

yes LG ... I did rather assume Michael Kirkwood would be a key to this but so far ziltch !

slight blue week.... followed by a red week

rinse & repeat

That, BrightonPier, is the best question of the day ... I wish I had an answer !

down to 23.00 now !

never IPOd .. well I agree but not for those reasons. From the initial founders perspective it was a chance to cash in and secure a large wedge.

But the advisors who came to their ridiculous valuation (same as at Aston Martin).

The big long drop looks terrible, but the general business model has not really altered - does well in boom time, more default in downturn. But unlike Ratesetter (and to a lesser extent Zopa), it has no real reserve fund to smooth the investor returns

Not a good read .. but nothing we did not already know. SA has essentially been below investment grade for years.

The war between Ramaphosa's reforms and the corrupt marxists continues !

well done .. you win a cookie

like Red should have done with all their fund raises instead of paying their CEO a ftse350 salary

nothing to push beyond 30p eh ..... you mean like the historic long investor tools of Fundaments & Time.

Buffet did say the stock market is the most efficient tool.to remove wealth from the impatient and give it to the patient (or words to that effect)
Long & Strong..... and a balance of views !

Just saw your tweet @Paludina ... fantastic ... so since 30th June around $8M is deliveries ... Just think.. if the average price had been $45+ !

No Pdub ... my point is not there are calculations, but there is not the depth of real-world applications data to back it up.

And besides ... even if Bushveld had data, that is not the same as Sanchez or anyone else second guessing it.

Why is this point so difficult ?

Easy to think that just like Aston Martin, it was floated at too high a value (probably true), but the real problem is that the length of time to sell reflects a big drop in inward lend-investors ... the only explanation I can see.

Now that does spell trouble, but even with high default rates, many of the loans will fully repay, so although if I cannot sell I am looking at a loss over the next 3 or 4 years, I don't expect it all to go.

Any other thoughts ?

Yes Sanchez .. there is some data (not yet substantively born out in market sales), but I know of no data for a LCOS impact using leasing .. yet.

What exactly are we disagreeing about .. sentiment.. feeling something 'should be' .. or actual fact ... al I am saying is there is currently limited actual factual in-market data .. unless you have some

yes Sanchez .. but you stated it was the sweet spot. What I point out, is there is no data one way or another right now to agree or disagree - we just don't know

Until some real leasing examples come out I am not sure we can say that Sanchez... whole point of Leasing is that higher pricing can be absorbed and amortised. $45 is a nice number if we are already doing a lot of leasing, but right now would be nice to be a bit more.

15p Wessymy ... get back on yer meds immediately

I hope you are not suggesting I know them Alfa !!

well down to 23.5 now... so the scrotes trying it on again