Member Info for Funki

I just dont see this SP recovering while there are an increasing amount of Institutions (who know more than us) continuing to short this stock. There are currently 9 (nine) institutions with open short positions totalling nearly 7% of the total equity. Until this figure drops significantly I expect further drops into the mid/low sixties. I’ll buy when the shorters close.

Hmmm. . . . 9 institutions shorting well north of 5% of the issued equity disagree with you! You know - those people who tend to have access to far more detailed info than us normal folk.

Oh, and don’t forget the 6 (six) institutions that are currently shorting this stock!!

Just click the fundementals and see the profit dwindling over the last 4 years. 2022 they made £800M, 2023 £450M+, 2024 £330M and 2025 £176M. Add to that slashing the dividend, add to that property market conditions, throw in a bit of geo-political turmoil, and I think I’ll wait until 75p to buy in. Only a week or so ago I was called out for suggesting waiting for 90p!!

You’re absolutely right Denby. I did make a small profit (circa 7-8%) when I bought in at 98p. I will go again around the 90p mark which is what i think the institutional are waiting for.. Well spotted by the way😁

5 institutional short positions on this stock tells you all you need to know. Retail investors are buying because they think they’re getting in close to the bottom of the market - the big boy institutions know there’s a lot further to fall at Taylor Wimpey.

I am thinking of opening a position here, as yes, the price compared to PE ratio seems skewed. However, the dividend offers little protection, and the fact there are six open short positions totalling 3.74% to the total market cap, held by significant institutions who for sure know a lot more than I do is a major red flag. As much as my heart is saying buy the dip, my head is saying stay well clear until some of those short positions are closed or significantly reduced.

Parking £10-£20k here for a while and getting circa 9.7% divi seems reasonable to me. Actually think market conditions and outlook will improve from this point onwards. Either way i reckon a 10-15% return here either by divi or growth is pretty much nailed on within the next 6-9 months.

We’ll see Sharezy. We’ll see.

Thanks for your concern OfficeManager👍. I’m pretty good actually, flitting around from one golf holiday to another, chasing the sunshine. This ADAMS fellow however, gets my goat. He does the same thing wherever he operates, rinse and repeat, and it’s always, always, always the PI’s that get shafted. This time will be no different.

. . . .out of the Harry Adams playbook. String you all along - and when things get to the pinch point, radio silence. I do expect an RNS within the next 72 hrs starting something like “Due to unforeseen” or “Final snags causing longer than expected delays” and then ending with “we look forward to updating shareholders in due course”. And with that, the share price rise, which by the way has been based solely on fresh air and no solid facts, will collapse. THIS WILL NEVER GET OFF THE GROUND.

You know I’m right, you’re just struggling to come to terms with that fact. Never mind, but don’t say you weren’t given ample warning! Harry Adams isn’t going to deliver for you - at these levels you may well want to just put in a little “short contract” as insurance. That seed of doubt in your head will soon germinate into full blown panic to get your money the hell out of there. Just my opinion, and this is what these forums are for. . . . .

In 4 YEARS you’ll still be having the same conversation. This is never getting off the ground!!

This is never getting off the ground. You happy clappers are gonna get rinsed like never before. Harry Adam’s is a career snake oil merchant, and what in heavens name makes any of you think that this leopard is gonna change his spots. While the sp has gone up a bit, I’d say its a good time to take what you’ve got and place it elsewhere - dont say you weren’t warned.

THIS WILL NEVER GET OFF THE GROUND. Think this is the last fund raise? - Don’t kid yourselves any more than you’ve already done. Such a flaky RNS and typical of Harry. Next will come “Unexpected delays”, then “Increased costs”. Then comes the “Financial restructuring”. Mark my words - this is the Harry Adams playbook being acted upon word for word. Run to hills while you’ve still got a bit of cash to realise. THIS WILL NEVER GET OFF THE GROUND.

The Kefi story has been around for years, and so has Harry ADAMS and his book of tricks. Easy to get sucked in to the excitement of making a quick buck or two, but that’s not going to happen. Even with such (apparently) wonderful recent RNS’s the share price is barely 0.2p higher than its historic lows. HA has no credibility in the market, and every savvy investor knows it and stays well clear of him. Perhaps the happy clapper, buck chasers here should heed this word of warning?

This was from HA himself in Feb

"At the same time, with the gold price firming, the potential net present value (NPV) of Tulu Kapi per KEFI share on issue now stands at 15 pence per share at the current gold price of US$2,800/oz."

Yeah right. . . . Just wait until Harry ADAMS dilutes this target all the way to 1.5p price target citing requirement of substantial funds required for future exploration costs and purchasing of licenses and land rights. You guys will never see the money, and THIS WILL NEVER GET OFF THE GROUND.

- AND NOT ONE SIGNATURE!

-Oh Yeah, the market reaction isn’t what you expected, is it.

-Wake up, smell the coffee, the closest you’ll get to 5p is exactly where you are now, about a tenth of that, once you’re all diluted to high heaven. Read the funding table, shareholder will get nothing. The II’s will get the gold preference linked shares. YOU”VE GOT NOTHING. You’ve just facilitated Harry Game for his own ends.

Ooh, look at me - I’m Harry ADAMS with lots of people saying nice things to me so I can say nice things to you. And look at all these lovely pieces of paper, loads of them from zillions of committees, banks, govt authorities, commercial partners etc, etc, etc. and Oh yeah, just one small detail - I haven’t got a single signature on any of them! And by the way, the company is actually totally skint.

THIS WILL NEVER GET OFF THE GROUND.

. . . .some of you are starting to agree with me - THIS WILL NEVER GET OFF THE GROUND!