Member Info for Globex

All looks very promising lads.

Big month ahead for Q1s, then I reckon maybe more importantly the reports for May, opportunity for market to truly scrutinize where the chips have landed for everyone in first full month post-halving. So if Mara are starting to fire on all cylinders again now could be ideal timing.

@01234 you seem pretty rattled with these posts and I now realise why, looks like you've bag held this all the way down from 30p+ 😁 In fact it was probably my shares you bought mug. What are you down now, must be 70%? You should carry on holding those shares tightly 🤡

I was going to ask if that 50% sale is legit, pretty crazy. They seem to have a scorched earth approach to acquisitions, killed matchesfashion after only a few months too.

As much as a couple of posters here would like it if only ramping was allowed, there are no rules that say you should be bullish about a stock at all times, imagine how boring that would be anyway. Zero requirements to own a stock to post about it either.

So far from thinking you have the right to insult someone personally because you disagree with their view of a company, or thinking you can tell someone to leave, you might as well suck it up.

That was sold to Frasers, so Hut branding out of date now, could be they haven't yet bothered updating the footer

👍😁 S4 might have its challenges but compared to Mad Moulding Sorrell's in a different league!

One thing I do respect about Sorrell is you will never hear him blame the LSE. It's not that he won't try to pin external factors as the reason for the company's underperformance - on that front he's said plenty on global politics and economics.

But he'll never try to use the City as a punchbag - and rightly so, he knows better than anyone how much the City rewarded WPP, and that it was his choice to list here after all.

It's quite a strange thing to do, categorize advice he perceived as bad by a specific percentage - a high one at that. He did the same thing with his fast money rant, there 35% of shareholders were bad. Implies a narrow way of looking at certain things. The yes men surrounding him, and appointing relatively inexperienced staff to more senior positions feed into that, and add to perception is does not like to be challenged because he must be right.

Sainsbury's have been buying freeholds, not selling them. Last year they paid £431m to Supermarket Income Reit for full ownership of 21 stores.

Still I don't think it'll be acquired any time soon. Morrisons buyout being at the top of the market and losing market share soon after will be a bit of a cautionary tale for others. Likely supermarkets out of play for a long while yet. In the meantime, bearing in mind it's a boring consumer staple in a sector renowned for small margins, it's still a perfectly fine business.

Btw I'm not suggesting you should buy it (or anyone else), you never quite know with Corz and it doesn't get the same surges as others, but I do like an underdog

As of March they're down to 26.85 j/t - currently deploying S21s will pull that down further. Presumably they'll be ditching the regular S19s now halving's happened too. They will never be the most efficient miner because of over-expansion in last bull - but then they're not valued in the billions either. When economics improve at least machines are always readily available, whereas MW pretty finite, and they own more of that than anyone.

The bankruptcy came about as they borrowed an enormous amount in the heady 2021 days when lenders would throw cash at absolutely anything while fed rate was near zero. Old management presumably thought btc would go up forever, but by December 2022 when btc dropped below $16k, there was no way they could continue to service that debt.

Nothing more sinister than that really, but that baggage has probably fed into market perception and held it back, because compared to peers it's priced at rock bottom. The good news post-emergence they have new management and despite the financial woes they've been consistently top tier operationally, maybe the best imo - helps that they own all their own infrastructure.

That's excellent cheers 👍 Looks like they've finally addressed the value destruction, sets a high bar for rivals now. Best part: "there is no need for us to raise additional capital to achieve our objective"

Ben Harrington publishes a lot of fake M&A news so him following a fantasist fits, City AM editor now has to tow the party line so will have ears to the ground for people that say nice things relating to THG

Could be time to bin the cost per coin metric. Fine for our own calcs but I'm suspicious of any company using it, given total leeway about what they can exclude. Galaxy is the worst I've seen for this but Argo close second for publishing the number without disclosing what they were leaving out.

Companies that make reoccurring losses tend to get punished in the US too. With a market cap this low it wouldn't enter any meaningful indexes, and as a very small fish in a big pond, I'm not sure any analysts would bother covering it. Particularly in the case of small to mid caps I don't think moving to the US is necessarily the silver bullet it's becoming seen as across these boards.

US GDP growth slower than expected

Yeah Q1s will be deceptively flattering for everyone, tipping point only really kicking in now. Once May monthly reports start coming through could be start of some carnage. Banking on Mara having their sht together by then, other big names should be fine too, but for a lot of smaller players it feels like a rugpull is getting going now.

To add to miner woes fees cratering won't help anyone, oh well that reprieve was fun while it lasted, back to btc price hopium instead.

The $18m quoted falls due between now and June 25, rather than this year, not that that makes everything hunky dory - far from it!

I see they've finally had to mention the Emergent write off, hidden pretty deep into the results considering the company raised money from shareholders for this.

More weirdness with altcoin reporting, like-for-like looks very different as they've grouped most of them together now including NFTs. Given a value of $500k+ which is a lot of shtcoins to hold for a company that has material uncertainty over it's ability to continue. And how can 31.7k USDC be worth $55k? Are auditors asleep?