Member Info for Hexam

"Bobby Boy , Aimlow et al ... are manipulative and unpleasant pple ... clear as day ! Effectively they want to see plle lose money ... Jam / suthy ? addi ... want to see ppple make money !!"

Seriously? That just shows the hypocrisy of your argument.

There are two sides trying to make money. Those who invest long and those who short (or traders buying and selling and doing both). So those only saying positive things to try to push the price up and those only saying negative things to try to pull the price down are just trying to do the same thing - see people on THEIR side WIN money and the people on the OTHER side LOSE money. To me one side is no better than the other if they only act that way but are just as bad as each other.

The board would be a much better place if people simply gave their view regardless of their own position, the reasons for it and then for it to be debated. Instead this board is just drowned out with the them and us mentality of the opposing fan clubs.

I've explained that before Phil. It's because personally I think rampers are much more dangerous to other peoples' wallets than the trolls. Also I simply see more that is 'wrong' in what the rampers say than the trolls. Just my view.

"If they Merge ….. surely a value of both combined would reach in the region of over £1 per share?"

Why? If it was a merging of equals (have similar mcaps) then would be around 10 BOO shares for each ASOS share i.e. we would get 1 Newco share for each 10 BOO shares we hold and ASOS holders would get around 1 Newco share for each ASOS share they hold. Some (like me) are in both so we'd get 2 shares. Sp would be around £3+ or 30p+ depending on whether they did this or instead did it by BOO holders being given 1 NewCo share and ASOS holders 10 NewCo shares for each one given up. Amounts to the same thing but in a different way.

The value for each is of us would be the same as it is now UNLESS the new company is seen better than the sum of the parts which with synergies, increased buying power etc. should hopefully be the case but it's unlikely to immediately more than double the value of our holding if that's what you are implying with the £1 share price?

Personally I can't see a merger happening anyway but just my view - something else perhaps - but not a merger.

"The likes of Jam , Suthy , Addison and a few others here, only include facts in their posts"

Sorry - nearly choked when I read that. Have no problem with over-enthusiasm but too often it crosses the line in my view and becomes every bit as mendacious and manipulative as the things they so quickly accuse others of. (I exclude Addison in that as he tends to be more thoughtful but still don't usually read them as personally find them too self-indulgent).

Hope you're not including me in that Garwood? I'm invested here and not trying to manipulate anybody. We all invest to make money but some of us don't fall in love with our investment and are also sensible enough not only to listen to both 'sides' but actually WANT to listen to both sides as how else can you continue to evaluate an investment unless you seek out both the potentially good and the bad about it - whether that is from your own research or the views of others?

Some people undoubtedly do have an agenda but that could be said equally of the extreme rampers (trying to push the price up for their own gain) or some of the so-called 'trolls' (trying to pull the price down for their own gain). Both trying to manipulate but only their side is 'acceptable' in doing so.

I know legs and you've summed them up pretty well. I let most of the (repeated) ramblings roll on by, there are so many of them, but once in a while I think it's worth making a stand (or maybe my patience simply runs out). Guess I should filter them but they do at least talk about QBT (unlike some) even if it tends to be the same thing over and over again.

I can't understand why some people get so precious about their investment as if they are defending their own child? Jambone and a few others here are firmly in that boat and anybody saying anything at all untoward is treated to the same troll/agenda/idiot etc. labelling, condescension and abuse.

Just keep digging Jambone, just keep digging. Not sure on what planet you can call Method A and B, as they are listed on the website, 'products' but if it make you happy to call them that then knock yourself out. Trying to force it down other people's throats though is not a good look - just like you seem to try to do with everything else. Simply getting tiresome.

Well, we have a theoretical 'hammer' anyway :-)

Yes, Reardon. Something could be on the cards which is why I'm not selling despite the bad vibes from not issuing TUs. It could simply be though that they are both experiencing the same headwinds dragging them down and come to the same conclusion about a TU but just seems a bit odd they arrived at the same decision despite previously issuing poor updates before.

As it is though we are all in the dark and left to speculate. Doesn't help but adds to the 'fun' I suppose!

That may or may not be but that doesn't change the fact that no products are mentioned on the website which is what you said.

He raises a good point though. There are no products that I can see that are mentioned on the website. Just methods A and B that could potentially be translated into actual products. At the moment though nothing is listed that can actually be sold (yet). This doesn't stop a deal being done of course if a miner has faith in such a product being developed or if they are further down the line with a product than the website suggests.

Sounds great. What's the growth and margin assumptions underlying this number? Time period and discount rate used? Is the starting point before or after the last drop in guidance?

It's also AN intrinsic value not THE intrinsic value. There is no such thing as a single, agreed intrinsic value as everybody will have a different view of the assumptions, and possibly the method too. Perhaps this is an average of such views? In any case it's just a guesstimate like any financial projection.

Some context and detail would be useful.

“I also come back to the fact that, if the results were so bad, they would have to communicate as it would be SP affecting.”

Not sure that’s quite the case as would have thought they could just wait until pre-close - especially if they still think there’s a chance it could turnaround.

My average is 50p so not too bad and much easier to walk away from than if it was £1 or more.

In the meantime we’re all just reduced to guessing.

I agree Bfd it is a baffling decision especially as the current guidance is already lower than the original guidance. As you say, even if there is no bad news many will just assume that there is with the silence. I would consider just cutting my losses as the sp is likely, at best, to be treading water now for months and probably longer with little to encourage optimism in FY figures when they eventually do arrive. HOWEVER, given that it appears such an oddly negative move then just perhaps there is a reason that has nothing to do with trading? It would be galling to sell-up only for the next day a bid of 60p or whatever to be announced!

Trouble is every day is a slow news day.

“.... something of a contradiction there Hexam ? You're here invested in a BTC related product , yet my miniscule profit from investing in BTC ... is err ... gambling ..... are you not doing the self same thing , with your investment in a BTC related share!?”

Yes. I’m doing the self same thing.

“BTC has more real world uses than gold IMO ! Even more so now !”

I presume you’re just being deliberately silly with statement? And what you described is simply spending your gambling profits.

This board really is just becoming a parody of itself. In the meantime the wait for real news drags on.

The latest video just helps fuel the scepticism I'm afraid.

Forget this manipulation nonsense. You don’t get ‘progression’ on what is effectively a binary bet. Any meaningful positive news and the share price will rocket upwards. No news and it will tend to drift downwards as more boredom and scepticism seep in.

It’s not that hard to understand really and no conspiracy theories are required.

It's up to me who I 'pull-up'. I think I'm a little like 'Phil' in that I prefer balanced debate (and by balance I don't mean 'attacking' both sides equally). Where I feel we differ is that I find the rampers much more nauseating whereas Phil finds the trolls much more nauseating. Just personal preference - and before you ask why, I've explained that several times too already.