Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
After the west illegally invaded Iraq,Afghanistan and syria and in the process murdered millions of innocent civilians,we showed the world we are no better than russia so ĺets stop pretending that we are.lets just stick to matters of BOO rather than politics!
I am a shareholder like most people here and I agree that it's not nice seeing the sp fall the way it has over the last 2 weeks.but that is just short term,
I do love the way matt has the minerals to call out the corruption from the market.
He obviously sounds like a man who has no intention of being part of it ,and plans to take THG private.lets all hope for a decent price when he does.
Some "investors "are so short sighted.bickering over a penny either way ,should they buy now or wait another penny?
But when the good times come back and this smashes through 1 pound then 2,will it matter if you bought at 32,35 or 40p??.the old saying buy low and sell high seems hard for alot of people because of the fear and greed factor.now is the time to be greedy and not fearful .
Buy if your confident and if your not then either don't buy or sell up and move on.its straight forward.
Ed was chosen by lorne for a reason oldbutnotsowise.
That was to carry on this nepotism of helping buddies out,using our money.making us money is not even an afterthought.it was done with factom to the tune of 5mil when nobody else would touch it and then Ed carried on the tradition and lost us another 2.5mil on yooma..its a sad state of affairs here mate.
I agree with you trading.i am very upbeat on boohoo but I do think the good times are a good 18-months to 2 years away.but I am comfortable with that because it allows me to add at the these once in a decade low prices.we have 2 camps in here .if we are all invested but some are being downbeat and negative then you must be part of the shorting crew,otherwise why be negative on something you are invested in when you could just sell? Then of course that leads to all the petulant arguing we see on a regular basis.
The SP is being controlled at the moment and has been for a while.some get stressed ,while others see it as a golden opportunity. Nobody knows what our highs are going to be but personally I will be more than happy with 2 pound in 2 years,but I am happy to wait however long it takes and just keep building .
The slightest pathetic rise is always sold into because everyone expects it to go back down.
Shareholder value?🤣🤣
We used to have a NAV of around 9p.
Now we are at mighty 7p haha.
We have a CEO who has a history of not looking after shareholders so it's no surprise we cannot hold a rise.
Even when we got an OK return with emmac,the majority of money when on a venture his gnasher mate abony is involved in and we lost the lot!
All that matters to Ed and his leeching friends here at seed is that the leap money will pay their wages for the next 2 years.
If we made money here it would be a pure fluke.
The bottom is zero on any stock! There's the risk.
Personally,33-50p I think for boo in 2 years time will look like a steal and so will 420p for asos.
But we all have to be comfortable at what price we buy.looking at historical highs don't help either I guess.
Hi pipedreamer.
I've been in boohoo a couple of times over the last maybe 10 years (as I have asos )so always kept an eye on both of them .
For what it's worth, I bought back in around 33pish(not really hard to pick bottom on boo and asos)
Of course every stock has risks but I feel the rewards here far outweigh the risks .bigger picture is once consumer confidence returns then so will boo and asos sp.just got to be willing to wait until then,however long that may be? I have set myself a time frame of 18months to 2 years.
We all have a choice.buy now and wait and buy once the recovery has happened and pay 3x more? I just don't get if someone says I think this will go down to 14p why some would be annoyed?
Each to their own
Ha very true oldbutnowisa.
I do honestly believe that even this POS will go up to 5p eventually.
Nothing to do with Ed but because the general market has turned.
It's been a painful hold and I will still have a large loss at 5p but will have learned some valuable lessons.
Well that depends if you are a trader or an investor on whether you want to understand or not.
When the great Warren buffet or Peter lynch refuse to engage in conversation about what the market will do tomorrow then that is good enough for me.
In fact ,it was Warren buffet who once said that if you cannot cope with seeing your investment go down by 50% (on paper)then the market is not the place for you.its all about the next 18 month plus here and nearly all other investments my friend
I agree wolf ,I certainly wouldn't want to see a share buy-back here,rather the money thrown into expansion in US.
On the question that some investors ask about sp movement of tomorrow I do not understand?
It's irrelevant unless you are a trader.
I think the next few months will be choppy so as long as we all understand that then the long term prospects of us getting back to our glory days are certainly possible.its that what excites me.
Yea as well as bargains mate it's also a minefield!
I'm in large (for me)
In THG -I like the ceo .in boo and asos .gone mad on e-commerce ha.i guess we invest in the CEOs as much as anything ,so less said about Ed the better!
Have a good en mate.