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Most of us will agree with nearly everything you say there mat,this so called fund has been ran shambolicaly.
Although it should not take luck now to return investors at least a 3x or 4x return in the current climate with majority of sp prices at recession levels.if Ed cannot turn our 5mil into 20mil then the writing is on the wall and he needs to give up being called a fund manager!
He also needs to stop this nepotism of investing in mates failing companies ,constantly watching our money go to zero .
I watched it all(I know i am a sad man)
There was nothing new in it ,Ed just explains that the buyback supports the sp.i found it laughable though that he talks about some things being taken out of context.in the past, as we know, he compared leap to 100mil companies a couple of times and then mentioned an MC of 50mil when he knew that the only near term investment we had was leap.with hindsight he was obviously talking like that so lornes mother could get out at the best price possible.yes it's all in the past now but Ed cannot get away with tricks like that again.we are all suspicious of anything he says now.
He also talks about tiktok style short investment videos to get the word out?
We want substance here ,he needs to understand that.a big winner here is the only thing that is going to move our sp.also again he reminded us how lucky we should be because he could get a much better paid job elsewhere for alot less hassle so we should basically all be greatfull we have him🤣he does have a sense of humour does Ed I give him that.we need substance not BS .we need a long overdue big winner Ed.
I have to assume all the batching and moaning posts are from teenagers?
If any of you are adults in their late 20s then you all need to take a look in the mirror.
The constant petulant posts are embarrassing .just block whoever winds you all up for the sake of the board and your own sanity!
Yes let's pretend America didn't illegally invade Iraq,Afghanistan and sryia and kill millions of innocent civilians and in the process created isis,talking of destabilising the world!
Back to THG.
I can see us now making a steady climb past 1 pound now as the action hots up.
Cheers for the link longlad.so the buyback is starting next week,eds gonna buy up to 6p so we hopefully should see a nice sp increase over the next month ,originally I wasn't happy with us selling a portion of avextra but we have 7mil In cash and that is massive for a tiny outfit like ours.if we do fall into a recession then I guess cash is king.made me laugh when Ed said he may not be the best investor 😁.he has learned it seems and was reluctant to talk about 50mil MC when it was brought up.he seems very positive about juvenescence and CFG .overall he seemed upbeat and we do have the money if the economy gets worse so that gives peace of mind.
I disagree.
In this instance I think the buyback is the right thing to do at the right time.it returns back something to holders and helps to close the gap on NAV.
It's not like Ed has a great record investing our money, it's patchy at best.
We also have millions to invest .
Short term it will take us from 4-5p .
It also gives people a chance who wanna get out to get out.i understand some saying they don't agree In general but I think this is the right thing to do considering we are at such a discount to NAV.
Carnt blame people for selling ,especially if they bought in the 2s..(if My average wasn't so high I would do the same)unfortunately as anyone knows who's been here for a while knows.
The rises last days ,while the falls go on for years....
Yea j2300 my average is nearer to yours than 5p but if by some miracle it gets to 5p quickly because of the share buyback then there are enough beaten down stocks out there at the moment to make that money back..I would genuinely hope for all holders that this can reach its heyday of 30p in the future.good luck all of us anyway as you say buddy.
It is a relief to see this pos eventually move in the right direction.it looks like a ɓuyback is in play which I would support 100% For a number of reasons.for 1 if Ed believes our nav is truly undervalued then it is a way of closing the gap.also it allows people who wanna get out to do so .let's be real here,Ed hasn't been great with our money.i would be much happier with a buyback than him wasting the money on some friends venture again!
It fine for those who have only been here 6-12 months ,they have no experience of what goes on here.lets see where the buyback takes us ,then its time to bail .
Personally I hope for 5p to jump.still pathetic but let's see.
Cracking news?this is what the rampers said when moon active was sold for 500k,then for our same stake to be worth 50mil a short while later.
This is ffwd/seed doing what it does best.. cutting the flowers and watering the weeds !
Remember when we had an independant review that valued leap at 23mil yet it was sold for 14 mil and Ed still had the audacity to tell us what a great deal it was?
The idea behind this so called fund we was told was that we may have some investments that turn out to be duds but the winners will make it up.
But for years that has just not been the case and reason we are where we are.we sold moon for 500k and a short while later our stake was worth 50mil.
We gave 5mil to factom when nobody else would and not surprising we lost that.
We have lost another 2.5mil on yooma.as well as all the other money this expert board have lost.
So where is this one big investment these morons talk about that will catapult our sp?
At the moment we have a long history of the big winners being sold on the cheap to benefit the few while us retail investors get sweet FA.unless this changes then we should expect more of the same.
Looks like alfredo is being groomed to take over here eventually.
Now he's on the board let's see what shares if any he buys?
Boy racer is completely out of his depth here.
At first glance after seeing 88 posts I got a little excited thinking maybe we have some decent posts instead of the usual arguments? I was wrong.
We cannot expect big moves in our sp until the macro economics improve!
It's going to take a while.take advantage of this once in a decade opportunity to add,this is how money is made.