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Because it seems to me the management are masters of value destruction and are running the business as a lifestyle business. They appear completely out of thier depth. Look at the history of failures of Loopup.
In addition I remember, but are unable to locate (hopefully someone else can, I think it was Directors Talk) an interview with the other CEO, where he explained both CEOs went to the same Uni, both setup their own businesses, both failed, then decided they must be a winning combination and to go into business together, initially to set up a caravan park, but then created Loopup. I appreciate this sounds like a story I've dreamt up, but life is sometimes stranger than fiction. I would argue that they are woefully out of their depth and that you are paying for thier fantasy.
Someone smokes big. Far too much by the looks of things
The awards are based upon an Average Share Price during the 30 days prior to the end of the Performance Period, not 3 days
Well done! I missed the last drop. Had eyed 740 as good support but didn't buy with my trading funds. Couldn't sell any of main holding so close to a potential windfall. Hope you had a good xmas and have a good year
I think it's mad only to have only a 1 year time horizon, but I don't know you, nor your position. Sure review your holding after a year but to scoff at someone for having a longer time horizon than yourself seems rather absurd. Even more so if you don't know them nor their position.
Jtd - you ask "so why not dig into research on the others and simply ignore this?"
Because I was a holder for short of a year despite intending to hold long-term. I believed that they couldn't fail, due to the increased WFH, despite thier considerable previous history of value destruction. I got out with a very small profit at 78p and have continued to pay close attention since, and will continue to so. Hoping this fares better than I fear for holders. GL
Bizarre that of all the 6 companies presenting, Loopup had the worst audio of all. Not the best of adverts when you sell yourself upon providing the best telecommunications infrastructure! Interested in others thoughts but there was nothing there to make me want to risk my capital with them again.
Can anyone advise on the tax situation with regard to dividends from THS with it being registered in Cyprus? I know holders of Atalaya mining have been stung and I'm not sure as to the reasoning or quantum, or if it is avoidable? TIA
Quite, I never thought we would drift this low, even despite previous experience. We are still someway from results so do have some concern it could drift lower. But at the same time, at this price the value looked too great not to take another small bite! Roll on next year
Shareholders are business owners and business owners have responsibilities. When shareholders have bought in they have bought the assets and the liabilities of the business in the hope of a positive return. Shareholders are very much responsible for the historic liabilities of Amigo. Why do you think historic holders sold out? If you bought in thinking the historic liabilities have nothing to do with you, than more fool you.
Luna recovery would have been more accurate I accept. The fact that the boat has now been transferred into the wife's name should however help. As should the experience of ex SBS members! Will Dubai accept this transfer of ownership and allow the boat to leave we'll have to wait and see.
Latest tweet translated reads:
I was disappointed by Judge Loretta Preska. After warning both parties in March that it would not tolerate further delays in the case for the expropriation of YPF, today it accepted the proposal of all parties to extend dates between 2 and 3 months. - Trial begins in April 2022.
STX is another Funky Finance tip following on from LIT which was posted as the 8 bagger. I was already in LIT and his presentation of the case was good and accurate. I've not looked into STX so can't comment but video is here:
https://www.youtube.com/watch?v=8ZqdKDZpUBs&ab_channel=FunkyFinance