Member Info for jollyspeculator

excellent update...but still a fair amount of execution risk ...no better than a hold at these multiples imv ..dyor

to earn 2.5% in short time isn't so bad?

hold 4k shares at v low average now

still feeling confident?

it's not

yep

bonkers prediction...at least as likely to fall back to support @4-5p imv esp given huge director sell in Dec and pricey multiples ...DYOR, and don't get suckered by glib target sp from folk who boast (elsewhere) of needing no knowledge of the business (and rns)

???

yep..looks ugly lol

unjustified rise imv

ha ha...mine's the gold bar

u r wise young bird...delightfully deliciously cynical/tongue in cheek/nuanced ...yep, difficult to see a drunk reforming without external prompting...if debt so plentiful and cheap governments are going to carry on carrying on (like the hoi polloi ten years ago lol)...BUT perhaps lenders bailing out US/UK governments (like the Chinese) will start to demand higher returns on their dosh?

well, main market equities are v largely priced off bond yields atm imv..the current era of free money has boosted large caps around the developed world (increasing their earnings thru cheap debt, their ratings thru low discount rate and markets thru government propping up of macro environment)...if the Fed losses cred, bond prices collapse...THEN all these boosters go into reverse and asset are properly priced for risk (hopefully with an overshot a la 1974 lol)

why will it survive? or at least without huge debt/equity deal that wipes out current value for equity?

shareminator may have a point in his comp between here and NBI...if so, u cd take a look at nbi as "substitute play" ..I'm happy on sidelines for now

for t/o by private capital (not industry player who could shave costs) seems ok to me ...good return on yr top up!!

not doing that well with st trading game here or elsewhere (but that largely reflects strong performance of the core pf and fewer retraces in sp strength than I expected)...so my equity pf enjoying a cracking Q2 (beating "benchmarks" like the AIM index or AIM100 by a country mile)..BUT still jolly cautious about asset prices in general (so large cash reserves..cash for the crash) ...hope all well with you ..btw IERE looks troubling imv cos my rough rule of thumb is discount the unleveraged assets by 20-30%...and that wipes out equity...look at LAND and BLND at least on long term perspective...also the realisation by IERE seem to support scepticism about the NAV...not advice of course...gl

why undervalued?...EV/EBIT is c9 which looks fair/tad pricey...better value elsewhere..with companies at EV/EBIT in 5-7 range imv ...DYOR, all

agree with you, worth waiting imv

prediction