Member Info for gonsan

Hold Fast Idg!

We have been walking this path many years. Keep the faith, don't give up.

We will be rewarded.

Big Money raise by Tropic

https://tropic.bio/series-c-raise/

I have no clue how will this affect our position in the company and how will it affect the SP (if at all) but it is good news.

I bought more to take my stash up to 300K shares. And to put my wallet where my mouth is.

I really hope that CFG is not the exit, I really do.

CFG is going to be a cracker of a company. I hope ANIC does not sell any CFG shares ever.

Does he know something about the plans for the rest of the shares after redemption? Ha, ha, rhetorical question. I wonder why he bought it!

Hi Sam, I don't want to pollute this very focussed chat with discussing other shares. But as you asked about CLI, if invest the proceeds from the redemtion into it is to average down, as I think it is undervalued. But who knows it really is a gamble. The "thesis" for PHP (Sick people in abundance) THRL (old people population growing) and SREI (high quality, efficient buildings) are for me much more clear (and indeed doing well for me, the opposite of CLI)

Although possibly and probably I will use a significant part of the proceeds for MSTR.

Im with HL as well. Waiting, but they will come eventually. I am not planning to sell the remaining ones (even if just as curiosity) so ok.

Moneys will go to either Oil and Gas (BP because of yield and opportunity), Top up one of my REITS (THRL, SREI, PHP or CLI) or to buy Strategy not that BTC is cheap (not willing to enter a discussion about BTC, to each their own)

It looks to me like that. And the share price has not moved at all. Even when the redemption is supposed to be almost 10% than current price (but much lower than supposed NAV).

Not sure what to make out of it.

I can not wait to know what will be the proposed compulsory purchase price. I received a message from my broker that i would need to submite my vote for the proposal by end of business tomorrow.

Any guesses to keep the excitement up?

Hi Mike, Sam,

If i was to summarize what you think: 45% of our shares could be bought at at 10-12% premium vs. today. Then most likely the share price would remain as today. So probably best sell after the 45% have been bought? Or I am making a lot of assumptions about your comments?

Nice to read you all again. i did the same, kept reinvesting apart from the last divi. I am even with an average of 65. But if i consider that i started investing here in may 2023, compared to a mere money market fund I am at least at10% lost cost of opportunity. Not to talk about a simple S&P500 or FTSE100 tracker.

I really don't know what to make out of the announcement, not only because I don't know at what price will they value the shares. But because I dont have clear if they plan to continue to run a shipping company.

What I know, particularly after living the utterly disgraceful DGI9 situation, the recent shenanigans with HICL, losing in NESF a 33% (mind you, including dividend reinvestments) and seeing other horror stories where I luckily I did not put my money on is... I will no longer invest in "investments companies" in the UK. They are all schemes for the investment managers to make loads of money with someone else's money. And deliver subpar when not catastrophic results.

Sam, I have THRL, decent outfit sticking to what they know and with an endless supply of customers... they and SREI have been my best investments in this space. Still... a tracker would have worked much better and less time wasted.

Other option that I should have followed is to buy stock of companies whose products I really really like and use a lot. It would have been tremendous. But I chose the dividend route on what I thought were rational investments.

Rant over.

Dont know where we are, but I believe. And I have added some modest 13K shares today. First time since last year.

19.19, so you all feel better and like winners!

I should have added when low but I thought I had enough. I am sure I will be well into the green in due time.

Believe

I love this share. Nobody really pays much attention to it, at least on forums and comments. But the company keeps doing what is supposed to do, sticking to a clear strategy. Again, the demand for what they offer is not going to go down! Consistent and high divis, and now a nice capital appreciation.

Chill out crew. When we starting buying back in 2021 we knew it was a 10 years bet. Things are moving, macro does not help, but science continues accelerating, and luckily it looks faster than the cash we have left.

I am quite relaxed, even when I am nurturing a very important paper loss of 65%.

It is going to be ok. We are backing the right science, and although some of our companies died and might die, some are getting stronger and stronger by the day.

Patience

Years ago a poster named Quetta warned us against PFC. Many took him for a deranged or estranged fired ex PFC worker holding a grudge.

He got tired of warning us and people ignoring him and at some point disappeared.

Apologies Quetta. You were prescient, you warned us. We did not listen.

I wish I had, but I got myself carried on by the rampers.

I repent and had paid my price. Forgive me

I dont want an offer. i want to mantain a very healthy divi and a good company with a good product, and luckily without ever a lack of customers.

Well.. only 61% down now... and I still have 6 years vs my original 10 years wait plan! We will see 1GBP. It is going to happen. Patience

What did you see in the chart that made you think you have to sell?. Just curious to see if I learn something

I like StopAA proposal. Clean meat. A stake and territory to claim all right

As opossed to cruel, feaces and antibiotics laden industrial mince and chicken.

Lets ruffle some feathers, pun intended.