Good Afternoon -12 Mar 2020 12:31
Good afternoon everyone. I hope you are all keeping well, just back from the Thursday full English breakfast with old colleagues, a weekly treat and where we catch up and discuss over copious tea and coffee the latest news in the papers, we are known colloquially by the proprietor, as the Thursday Boys and have a table in the corner of the dining room for a very reasonable £9 per head, inclusive of unlimited liquid refills, unfortunately, they are already experiencing guest cancellations for bookings as is to be expected I suppose with the coronavirus outbreak, but I do feel sorry for them as they are a lovely husband and wife team who run this 4 stars 12 room guest house superbly.
Yes, our recently departed multi ID poster went into a meltdown again, he just seems to blow a fuse and that is that, most sad.
You all know the plus points of this company and why we all invested in its stock, nothing material has changed on those good points, the company is still going and working away hard in the background, the company is not suspended from working as normal, only the trading in its stock on the AIM platform is suspended, so as several of us have previously stated if anything material was to change within the company it would have to issue an RNS stating what has changed as they are the rules, I see some here are not convinced or sure of a perfect outcome here and yes nothing can be guaranteed in life but for me, this comes a close 2nd as the known downsides are minuscule compared to the huge upside, and if no deal we mine it ourselves, the good old win/win scenario.. Back to the waiting game, remember you have invested very wisely here and have a very experienced board of directors and advisors to help this company along the way.
I do feel the D/J will open lower and the sell off will continue, unfortunately, there are too many negatives in the market at play and no stock is immune to the forces at play, as they say, it will recover, just that with all the world in the same boat it may take a while, everywhere you look there appears to be bad news around the corner, even lookers, the car dealership has postponed its annual results over "potentially fraudulent transactions" analysts citing it looked like a case of "hands in the cookie jar", this is happening all too often nowadays and big companies seem to be the worst and have no clue where the cash is going to, enough of the doom and gloom from me, good luck everyone. ATB
Ian
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