Member Info for Kabaa

Made some money on this at 3p thanks to a tip.

TSI looking like a similar formation - could be next. Constant buys going through. Could be a triple digit day there.

This is why I was saying yesterday night, I am not that interested in the update Wednesday night.

There will always be these little shakeouts on the way and it wouldn't surprise me if people are buying on t10 before the results and will sell out on the results causing silly fluctuations like we have today.

The real money will be made over the coming weeks and months. It's undervalued and that's that.

Forget about today, this will be a lot higher next week than any price you see today.

Look at some of the clients Brandished have got.

The scope for growth here is off the clock and it is difficult to find a comparison.

This is at least 10m oz and so it will do 15p standing on it's head. I'm holding to see it it's more than that as it could be closer to 30m oz. Add in scally and you really have some very serious excitement.

I couldn't give a fig what they say in the update Wednesday and won't even stay up to read it. I know this is big and I know it's a highly valuable resource and it is grossly undervalued. We know as Paddy says that they are way ahead of anything we will see in the next report.

I do think it will take a few weeks and maybe months to get the sp to a more sensible level, as these things take a while to catch up as people can't believe their eyes at how much money they are making and can't help to take some off here and there. Better to hold and go and walk the dog instead and wait for the bigger bucks down the line. That's what Gervais and Callum and the clever long termers here are doing.

Put TSI on your watchlist if you want to see something that will do big % moves over the next week or 2.

I agree, in the last 10 years, all stocks I have ever bought have been recommended to me by a friend or a trusted poster who has a history of spotting undervalued stocks. Then I do my own research. I'm very good at telling who is good at this game and who is most certainly not!

The only thing that really irritates me is people like TomE who completely abuse this and post many many times, repeatedly ramping stocks that are mostly dogs and even using over 5 or 6 aliases to do that. He then reports people with all of these aliases and votes his own posts up. Rock was an absolute dog that any experienced investor would steer off the road to avoid but he must have promoted it over a hundred times.

The majority of people do not bother doing anything as reprehensible as this because there is no point anyway.

I've been watching this share for many years and started buying above 1p on the back of Haveiron results.
I've been reading the forums since they began and ggp is by far the best with many knowledgeable and skilled investors. Good to see a few of them are buying another stock I've recently been buying (TSI)

I do not think people understand how big this could get If NC do not buy us out - remember we only have 30% of Haveiron which could end up being worth many billions of pounds. We have 100% of scally which even if it is a third as big as Haveiron, will be worth more to us than Haiveron. That is worth taking into consideration.

A few other things I'd just like to clear up.
1. Newmont sniffing around Ernest Giles and walking years ago causing the sp to collapse is completely different to newcrest spending 10s of millions and pretty much telling us "This is going to get mined up, we're just baffled by how big this is and are working twice as fast on it than we expected!" - it has been considerably derisked.
2. Just because a share has gone up 10x, it doesn't mean it's expensive. Often it is the best time to buy, not sell. It is also often considerably derisked at this point.
3. Just because a share dips 50%, doesn't mean it won't go straight back up and considerably higher than the previous high than we saw before (like recently)

A lot of people are getting worried as there's clearly a lot of money on the table but don't let fear get the better of you.

I've seen many car crash stocks in my time and this is not one of them.

The real money has been made here by people buying and holding and being patient.
That will continue for a lot longer imo, at least 6 months and probably more.
If we do get a buyout by nc it will likely be at a big premium to whatever the market price is at the time, if nc do not buy us, we will make a hell of a lot more in the long run. That is why I'm not tempted to sell till way above 30-35p...

Also, with what is going on around the world now, I'd rather have GGP paper than cash in any bank anywhere, in any currency.

Chris Akers is very respected in aim. He's in TSI too which looks like big news is about to be released.
They have 2 ipos coming up in weshop and brandshield imminently. They own 10% and 20% there. Market cap only £7m. Could bag many times quickly.
Re. DL, I would ignore anything he says.

Yes asher7 and you will likely see this time next week will be above the recent high of 0.15. Plenty more buyers out there after the weekend is over...
This has got a lot further to go and will speed up early next week imo.

This will take off in a big way at one point. 30, 50, 100% up days today or next week imo.

Oldtimer - I agree, I it is also amusing ggp went down to about the same price as tsi recently (around 0.065 from memory) now it's 8 pence.
It's only a matter of time before this goes up a few bags too. Probably a bit early to say if it will be a bn dollar company but it's certainly going to be much bigger than what the current sp is suggesting.

Good to see some greatland faces here. When the price of that was down close to 1p I thought this is the smartest forum i've read with a lot of professional investors.
It comforts me to see a few longtermers in that who have made a lot of money now taking a look at Brandshield.

That is quite an impressive performance.

I think I'm going to start building a position here.

It looks like this may do very well in the coming years. Anything that can grow in this current environment gets my attention. Clearly this should have not been sold off with other stocks recently. Ipo will get significant interest when it happens and a much wider pool of investors.

I've had this on my watchlist for a long time but not been in it for a while as you couldn't buy a decent amount. I believe it is very undervalued though.
Tempted to buy in soon as more liquidity has arrived.
Any reason for the recent interest here? I haven't seen any updates.

I don't think he's telling fibs this time fellas.
I believe there is real speculation going on here of a takeout by many and it's not just on forums and Twitter.
You can bet with Mr B's holding, he has direct line with Gervais and Callum and probably 1 or 2 other big holders, who between them hold only around 10%.
Each one of them are about to get the biggest pay day of their lives and are wide open to get taken out at a fraction of what they could if they vote no to a takeover or get the share price up to a more reasonable level.
Most of the share register is held by little guys that would jump out of their seats to take 10-15p.
If NC makes a bid for say 15p, the m&a firms will take the price bid straight to 13p and the little guys will bottle it and sell for their 100% profit because that's all they understand and holders will end up with 15p while funds are happy with their 2p spread.
We absolutely do not want this to happen.

Long termers are starting to realise how valuable this really is as in recent weeks and don't want to get turned over for a fraction of its real value.

If enough of the small holders realise they DO NOT want a takeover by NC and simply hold and reject any Newcrest bid, we can tell them to come back in 6 months when they've raised a lot more than £500m.
If not we will retain 100% of scally ourselves and fund the entire drilling there with our own equity.
Hav is likely going to turn out to be one of the biggest gold finds in recent history, at a time when gold is in play. I for one hope we do not get taken out any time soon.

As much as I agree with many posters below about Beetham, it does not mean he's not dead right about this.

There's been speculation for several weeks of an imminent NC takeover. Many big players will have been buying stock, potentially over different accounts to simply accept anything NC offers as it will likely be a big premium to any share price. That way they are in and out quickly with a huge premium. They don't care about the long term value of the company and are happy with a big 1 month profit without lots of swings and risk.

Gold is likely going to go through the roof as governments around the world are getting into unplayable debts without printing like never before.

NC need this because of telfer.

Haveiron gets bigger by the month and is now getting close to scally which makes the value of that go from close to zero to astronomical figures. The reason for this is because ggp are in a way stronger position now than when they sold 70% of haveiron to NC. If they were to do a deal on scally and the other licenses, it would be many, many multiples better than what they got for Haveiron. They could even afford to pay for drilling themselves these days in cash + potentially a little equity would do no harm with a 300mn+ market cap.

Haveiron has been significantly derisked in recent weeks.

All of this together makes previous forecasts of 10p a joke and the value could well be 10x that and still be cheap.

Many longtermers here deserve a much higher and fairer value for sticking with this and it would be a real shame to get taken out for 15p when we find out a year later scally was extremely valuable and haiveron was 20m oz+ and gold is $2,500.

I am not selling a single share until I see well above 40p...

People touting $200 an oz are also going off old figures of when gold was at 1200/oz. The margins are way higher now.

With the risk of sounding rude, I think it would be incredibly amateur to sell any shares in this very unique situation over the next 1-8 weeks.

Exactly. I am surprised last night's news in the US of planning to end lockdown and finding a drug that significantly helps coronovirus patients has not affected SAGA today. But agree it'll rally at one point soon.

This has come off sharply from £1.20 this time last year and is now trading on a p/e of little over 1!

For an ex ftse 250 company this is absurd with a brand name like saga. I believe this is an obvious 10 bag in the next year or 2.

https://www.telegraph.co.uk/travel/news/cruise-bookings-surge-despite-coronavirus/

If this is true then Saga should really be recovering much of the recent down move. Massively oversold imo.

Nice recovery. Well done to those who cleaned up here. Saga plc will be next imo. It's about to have a big move/recovery.

Well that is a new low in the aim market. A phone number listed on their website isn't even for their 'business' Lol. You couldn't make it up.

I suppose they just assume no one will ever want to call them because they do next to nothing other than take salary.

Reminds me of the boiler room stocks in the 90's.