Good afternoon Wolly, nice to see you stalking me again. Unless you know something the rest of us don't, there has been nothing new today to warrant a 15% rise so if we go another couple of weeks with nothing new I don't think anyone should be surprised at all at a return to the 30p region we've been stuck at for the last few weeks.
Don't get me wrong, I'm not complaining at the rise as it puts me in to a small profit but for anyone already holding and waiting for the sale there is no difference between 30p, 35p or even 45p because we're all waiting for much higher.
A huge amount of trades on this share today. I don't know what a normal day looks like but over 900 today seems like quite a busy day although a lot seem to be sells this afternoon.
My question is though, in the unlikely event that a leak has occured how far and wide could the information possibly get before an official announcement was made. Surely only very few people would be privvy to leaked info and be in a position to act on it.
Personally I think this rise is FOMO which may or may not last. If the sale announcement doesn't come before xmas we could be back to the 30p mark again.
Don't worry about whether other people are making or losing money. Just concentrate on your own investments and try and make your own money.
DavidLaw, thank you for your post. That explains things perfectly. I wish everyone on LSE was as helpful.
Poncho, I have noticed that pretty much every part of the LSE forums is full of people being abused for even the slighest shred of negativity. My post wasn't intended to be negative and I'm certainly not scared by this investment, I was merely trying to be honest about my lack of understanding.
I fully expect to make a profit on this investment, I expect it to be a fairly large profit but I'm pretty sure those people that have lost a lot of money on their investments elsewhere have gone in to it thinking the same thing.
Even the most ambitious of forecasts for SupplyMe won't make me a millionaire but I'm very happy to wait and hold for as long as it takes to give the company the chance it needs to meet its potential.
Thanks for the link to the interview, I'll give it a watch.
Badmonkey, why do you think I should sell up? I said I am looking to be in this for 2 to 3 years. Do you see this as a much longer term investment? I don't see anything I said as showing I don't have patience. I still own shares I bought in the 90s.
I don't mind putting my hand up and admitting I don't understand SupplyMe. I invested here on the recommendation of a very good friend who is invested much heavier than I am. I've known and trusted him for over 30 years so I've taken a punt. I tried doing a little research when I invested but the terminology went right over my head. I've spent 40 years in the printing industry so I know nothing of FinTech.
Today's RNS has confirmed how little I know. I read it and got confused but generally saw it as a positive update but have seen the price drop a little so far today.
I know this is a very new company and I see this as a 2 or 3 year hold so maybe over that time I'll come to understand the company a little bit more. Are there any nice people able to explain in very layman's terms what was in today's RNS that the market saw as a negative?
I don't use twitter so I've never heard of this woman before but I've just had a read of what she's been saying and her word of caution makes sense to anyone rational enough up listen.
All she's saying is to be careful if you've invested everything in EUA. A sale is not guaranteed so you've got to be fairly brave to invest all you've got on this one.
If you're brave then it's fine
If you're 100% confident of a sale it's fine
If you can afford to lose what you've invested its fine
But if you're all in and can't afford to lose, please recognise your taking a gamble that may be likely to pay off but certainly not guaranteed. If you don't like that or prefer to disagree, feel free to scroll past.
My mistake, it's actually the pre-show that they are streaming for free. I have no interest in watching the faux-fight so I didn't look in to it too deeply.
I originally bought in to this a couple of months ago at 0.45p but doubled my holding this week at 0.35p then was very pleasantly surprised by an unexpected rise on Friday. I'm not sure what caused it but fingers crossed this has bottomed out and it's on the up from here.
There's definitely no FOBI from me.
Edit: That last message should have said "$50 in the US" obviously. Not the UK. Hate that you can't edit posts on here.
I'm really confused about this fight. In the UK the fight is being shown on BT Sport for £20 and I've seen mention of it being $50 to watch in the UK but if you watch on Triller or on Fite.tv it's free. So why are people paying for it if it can easily be watched for free.
I'm not sure exactly how much exposure Triller are really getting from this. I'd be a lot more excited if Triller had the exclusive rights to really grow their exposure.
You certainly won't get an update from 7digital about how many bikes Apex have sold. I doubt it will even be a specific line item when the accounts are issued. We'll only see an update if there is a material change to the contract such as an extension or termination.
Edit to my previous post: according to the 2016 financial results there were about 160m shares in issue in 2016 so at 15p that gives an mcap of about £24m which is less than the current company valuation of £29m. The recent spike up to 4.8p would have valued the company at £130m so that kind of level is certainly achievable again.
Mr Green, 10p would value the company at £270m
I'd be interested to see how that compares to early 2016 when there were far fewer shares in issue but the share price peaked at 15p. Does anyone know how you'd find out how many shares were in at issue in Feb 2016 or what the mcap was at the time?
Awesome, the full-year results for 2019 were released on 29th September 2020 along with the interim half year 2020 results. What makes you think that the full 2020 results will be issued on 31st Dec? That's a totally unreasonable expectation. Even if they were really quick (which they're not) to issue results it would be a few weeks in to 2021.
The very best I am hoping for is an RNS to confirm profitability has been reached even if they don't include any firm numbers with it.
As for the original question, my personal target is 10p which I'd like to see by the end of 2022 but with some big news it come come a lot sooner although without the big news it may never come.
How many NN board meetings are we going to get excited over before we realise they are a company that has a lot of meetings that never mention EUA?
IKN, we'll have to agree to disagree. I think Paul does engage. He's only been in charge for circa 18 months and had a lot to deal with but now things are starting to level out a bit he's doing engagement sessions.
Remember they're still only a relatively small company so there won't be updates every week or even every month.
Maid, I appreciate 7Dig has a lot to gain from Triller growing but can you explain how this fight is specifically good for 7Dig? It increases the exposure of Triller but I don't see how "7Digital will play a big part in this fight".
Does it really matter whether it's going up or down at the moment? Whichever way it goes we're stuck within 10% of 30p and have been for several weeks. When the big RNS drops it won't matter whether we're at 27p or 33p, we won't be staying there.