Member Info for Gettingthere67

I thought people on here might find this new article of interest:

https://www.theguardian.com/business/2022/aug/30/raising-money-is-difficult-british-startups-finding-it-harder-to-access-funding

I bought some shares just now (having recently sold my holding at about 420).

Is now a good time to buy some more GROW shares?

Berenburg Bank in July said it was 'too cheap'; it is now quite a bit cheaper than then...

(I was sceptical when someone sad recently that the sp could fall to 350 - in fact its is nearly there now.)

It should have read: No sp gains in 5 years...

I have noticed that the sp was at this same level about five years ago - 370 in early November 2017...

So an investor then in Draper Esprit has made no gains in all that time!

Is Molten Ventures really worth no more than it was five years ago?!

Since you posted the sp is up 16.00 - and the US CPI report is out.

So presumably that's a good sign.

https://www.sharecast.com/news/broker-recommendations/berenberg-reiterates-buy-rating-on-molten-ventures--10144164.html

Twice recently I bought a share-holding in GROW - planning to keep for the long-term - but each time sold the share-holding soon after (as I became concerned each time about the general macro-economic climate).

I know people have criticised me for 'selling every five minutes' (!) - but I do not regret those two sales (as the sp has plummeted a lot since each time I made each sale).

Now reading what Berenburg says about GROW, I am tempted to buy another share-holding Might it possibly now be a good long-term prospect? (I ask somewhat rhetorically...)

"Wish they would buy a buy a few of their own shares. How can they justify ever buying future funding rounds of their portfolio shares at these levels and not jump at the chance of buying their own shares at such a large discount?"

Hope management takes notice!

Why has this sp fallen by almost 10% in just two days?

Am glad I bought some new shares on Friday!

Very good points!

I do hope the management of GROW will read your message, and consider addressing the important points you make in no 3).

I bought some more shares just now.

I had just a few shares left - had sold the rest at a somewhat higher price recently.

The fact is I still want to retain a fair investment in GROW for the long-term...

I've given up trying to time the market,

The new MV report says, ' NAV per share (unaudited) is expected to be not less than 929p (31 March 2021: 743p).'

Can someone please explain to me why the current sp (707) is so far below the potential NAV per share of 929?

https://www.sharecast.com/news/broker-recommendations/jefferies-upgrades-molten-ventures-to-buy--9373798.html

https://www.fool.co.uk/2022/02/09/2-no-brainer-ftse-250-stocks-to-buy-now/

Thanks for your responses!
All interesting food for thought.

... though as Steph on here says, maybe it's better to 'batten down the hatches'... or is there a buying opportunity here long-term?!

I sold all my MV shares on Friday morning - since when the sp has dropped a fair bit.
But I do believe in this company and its long-term approach. Do people think I should maybe buy back some of my shares now (at a lower price than late last week) or should I wait a bit? Any thoughts. Thanks