Member Info for Fatman83

We can only guess what the 2.5mil is going to be used for but I imagine a good chunk of it will be used when one of our investees next has a raise.

Avextra had one in October 22 which we participated in and then another in March 23 which we didn't participate in,reducing our stake to 6.6% .if avextra are going to raise again soon ,then I would love for us to participate and maybe increase our stake to at least 8%.

If that is true oke,then that is even better my friend,I am happy to be corrected😊

With America being our biggest overseas customer,I am very excited (as I am sure all of us are) to see our new American distribution centre up and running.cutting delivery times from 8 days to 3! I think this will be a master stroke .it's an old cliche but people will look back in 12-18months and regret not loading up here.

I know it's abit easier said than done and does take strength of your convictions ,but as we know,fortune favours the brave!

Into childish bickering.any investors looking to invest would look at this board and run a mile.

If someone says 14p(as daft as it sounds)so what?

If you believe then place your bets and stops stressing!!!

32-34p seems like our floor but anything upto 50p will be cheap as chips when looking back in 18months time.the YTD price rise for THG is misleading it says something like 120% but last early August it was 70p so its on a nice rice but not 120%yet(but I'm sure it will do)

Hopefully we are on our run now .People just need to chill out here.bickering over he said she said.

Some can argue and say the past is the past,he said 50mil MC and ipo and both never happened so let's move on.fine,I get that.

But he has mentioned 50mil MC again in the last 2 months.so he has to be held accountable on his words.like what investment do we possibly have that he thinks takes us to that 50mil? He mentions we have a buyback option,is he implementing now ? I doubt it.he just says things he thinks investors want to hear.whats he doing with the 2.5mil ?everything seems at an all time low but nothing .your ipo comment last night phoenix creased me buddy,lornes mother needs new dusters .we may laugh but who knows with Ed?

Actually okehurst, even though alot of people are saying thg is up 120% YTD it isn't exactly true .yes it is recovering but last July early August the sp wasn't far off what it is now from memory(I am a holder in boo and thg)

Its just that thg recovery started a couple of months ago from lows of the 50s.but who knows,maybe boos has started now? Both battered fallen angels but both will recover.just maybe not at the exact same time.im fine with that.

Well said phoenix. Echo my thoughts exactly. Of course I want this to do well,we all do.i just don't believe ed cares about retail investors. He was lucky enough to buy at 2.5p because he obviously knew there was going to be no leap ipo so he cannot lose . I've got almost 1.5mil of these and I am embarrassed to say at what price my average is.i genuinely believed in leap,I just didn't account for Ed having no integrity. I genuinely thought he wouldn't screw us over after his mate lorne did with moon active.how wrong I was. Midas back in the day was calling out the rampers .turns out him and barwick were right.at least both laid their cards on the table and didn't come on here and try and deceive investors,i respect that.lowest of the low people who do that.we just gotta hope Ed has turned over a new leaf and starts working for us instead of himself and his crooked friends.

When making an investment hedge, all we have is to judge a CEO past record not what they say they are going to do. it's about what they have done that matters,which is why most of us criticise him.his lies with leap, long term investors are not simply going to forget so easy.he also sold a % of portage in the past and didn't even bother telling us!! It's not about talking this down my friend ,Ed has done the damage here himself.now it's up to him to pull a rabbit out the hat.its very hard to trust someone who lied for so long about an ipo that was obviously never going to happen.alfredo hasn't even bought in to show him any support.

I like LGP and avextra but it remains doubtful we will fully benefit.i mean ,even if Ed sold one of them at a good price,would he waste our money on a friend's failed venture like he did do with YOOMA?

You can never say the worst is behind us with Ed in charge!

The man who for almost the last 2 years talks about our market being 50mil.

I mean sure when leap was around he knew we assumed the 50mil MC would be because leap would have a decent IPO.

But now he sold us down the river with that one ,on what basis does he still talk about our MC being 50mil? It's like he just throws the figure out there based on nothing,thinking we are all stupid.we have nothing to get us anywhere near a 50mil mc and he knows it.saying them things when our present MC is 4mil.

If that was the case then all is greedy friends would pile in here.

The fact is ,not one of his friends is touching this with a bargepole.why not if they could x10 their return according to Ed?

Of course all the LTs know why because Ed is a bs merchant.VC returns my backside.our ed cracks me up.

Made me smile that barwick.it reminded me of the old adage"never a truer word spoken in jest".

I carnt believe we haven't touched 5p today after them belting RNS's?

Not miles above NAV ,maybe only 20 premium to NAV but I get your point.you are right ,we are at a massive discount to NAV at the moment.

I was talking more of believing anything Ed says as the truth.like most of the time he's always on the inside!

Eds history here says he's always massively off on his estimations .I would caution anyone to take what he says with a massive pinch of salt.if he wants investors to sit up and take notice of what he says then he needs to start delivering on some of the things he says!

Remember when Ed did a podcast where he mentions lornes mother selling (she started offloading around 10-11pish) well we was at 9p when he did this podcast and he was kinda saying she was mad selling at that point with the leap ipo imminent?

In reality the stone-faced bs merchant knew exactly why she was selling because she had been told there was never going to be an ipo.

Just like the 50mil MC predictions 20months ago,he still has the audacity to repeat that fantastical number recently?!?!

On what basis does he say these things on?thin air that's what.his predictions are so far off the mark that in my view it's just to string retail investors along.they say follow the money and none of his friends want to invest here.

But even a broken clock is right twice a day so maybe one day he may get a prediction right🤣

Morning longlad .I wouldn't pin my hopes on this holding a rise,of course I would love to be wrong.

Ed hasn't told us the grand plan on what he intends to spend our 2.5mil on,surely he's not stupid enough to throw it on another mates venture ??

I personally believe our nice steady rice is down to our up coming results in September.too many moving parts /people involved in an MBO to be kept quite .one whisper of it and we would see a spike in sp,but as everyone can see we are just having a nice steady climb ,which I would much prefer because that would be based on our growth.an MBO would be the end for us retail investors.I wanna be here for the long haul.

Warren buffet once said you only have about 20 great investments your whole life.i strongly believe THG is one of them.

Weather wasn't great so most of us was on our phones or computers probably more than we would have been.

But the exuberance is to be expected in stocks with the potential that THG has.

You do not have go be a current holder of stock to comment on their boards,I'm sure you are aware of that.

Leapords do not change spots .he was the same at Breamore resources 12-15years ago as he is today.he will issue shares like confetti while not buying any himself ,while picking up a very large salary.how can he be in it with investors when he's hardly invested himself?

That's what Leon does best just issuing shares.

I remember the days when jlp had 250mil shares!

It's always jam tomorrow with Leon.

I remember being invested in Breamore resources many moons ago when this charlatan was CEO.then in jlp for a while because of the buyout.

So I check in from time to time .I see the man has less than 800k shares himself? I had more than that and my salary is an average 45k a year.

How are shareholders happy with that??

I have no respect for the man but I wish all holders of jlp the best of luck.

A few weeks ago a poster said their target price was 5p within the month(we was 2p at the time)

To which I dismissed the idea.

But if we hit 5p say within 3months I would happily come on here and say they was almost right.

I would also bury my pride and sell at a rather large loss,in the knowledge that there are some great bargains out there right now.

Our sp is not totally down to Ed I agree,the canabis space has been decimated recently,but like all cyclic stocks it will come round again.

I have just found it unacceptable that our NAV has been around 7p for the last 7 years! Also the leap debacle lives long in the memory.

But avextra alone is worth our current sp,probably 3p now and the rest is free so very minimum risk to people investing now.far more upside than down now.

Anyway I don't want to talk this down while we are actually going up for a change .