Member Info for Kabaa

If this goes much higher it will be making a complete trend reversal and 28p will be targeted (or whatever the high was)

They have £13m which is far more than the others and gives them a huge amount of money for marketing.

This is the most liquid cannabis stock and should really have the highest market cap considering the potential here.

I should add these people are also bitter they buckled and sold out on the drop, now watch it go back up and try to bring everyone else down with them.

I've been investing for many years and when there are huge amounts of derampers, the price always go up.

Sad fact is that they all want to buy in.

Do you think ostando is going to spend several days of his life talking down 1 stock that he bought in 10 days ago and sold 5 days later for no reason?

It's incredibly sad these people are too dim to realise they show their hands and the smart ones just get in and hold imo.

Great company, great project, great management, highly connected shareholders and famous.

To me this is a buy and hold on tight and enjoy the ride. Disappointing when it shows 10.5p to buy for 1 whole hour when you can't even get £1,000 worth there.

I've been trying to buy here for an hour.
Fake offer at 10.5p.

Very good write up by zak.

The growth potential of this is off the clock and with profit margins that high, not very far away in a super growth industry, this could demand some hefty valuations on them multiples.
10 bagger from the ipo price very achievable quickly and some.
If Beckham starts to promote the sports side of this, revenue could be 10x what was suggested n the article.
With Peter wall onside too from Argo blockchain really gives this a lot of credit.
I very much doubt we will be below 20p by April...

I see the ceo of Argo blockchain is also a non exec director at the newly listed, Beckham backed Cellular Goods £50m market cap.
Anyone also in that?
Sorry but quiet board over there and find this fact quite interesting...
(Yes I do hold some cbx)

Nothing was sold after the close. If it was it would be reported the next day.
What you are seeing is a 4.225m trade that was likely part of a transfer or rollover and from yesterday (hence the date 8th march)

This will likely open around 10.25 tomorrow amd trade from there unless we get an rns.

The product looks very promising.

It has backing of 13 million quid
Peter wall, chairman of argo
David Beckham

The cannabis industry is expected to be the faster growing industry in the UK in the next 2 year's.

And people boast about selling for 1 pence profit.

People like obstando trying to be clever on the internet and troll people never make any money.
It's pathetic we have them here but best to use the filter button

Peter wall is the non-exec chairman here.
He is also the CEO of Argo blockchain.
I suggest a few people look at the performance of Argo over the past few months.

Do you really think people like this and Beckham would have a connection to this company if it didn't have absolutely ginormous potential?

10-100 bagger potential here imo.

Market cap is too tiny for team involved here.

Any positive rns and this could go straight back into the 20s very quickly.

We've sold off from 28p.

This is one of 3 cannabis companies on the London stock exchange. Money will flow into this for years imo.

I'm not sure why people are surprised of a 9 to 10p move!

We were heavily oversold and there is massive underlying demand. We were never ever going to go anywhere near 5p. I don't think anyone ever believed that - just people wanting to scare others and buy in. Hence the massive spreading of misinformation on here.

Obstando -
So you have already bought into this and sold. But likey only got a 2% allocation.
Now you are here just to give advice?
You are worse than a bar drunk hovering behind the fruit machines at Wetherspoons, waiting for people to lose so you can put your money in after.

I think you may need to try and read the different pages of the website.
Read the profiles of the management if you can manage it.
Several links to Beckham there.

I'm sorry for you if you've sold out on the back of nonsense written on here but it won't help you to repeat it.

Just look at their website.

There are numerous links to Beckham.

The people on here writing drivel about this being a con or going to 1p are just hoping it goes down more so they can get a bargain.

Not gonna happen.

The large transactions at 9p look like rollovers or transfers to me, e.g. to a SIPP.

6,000 people bought in the ipo.

Most only got 2% of what they wanted.

Many more got nothing or just couldn't get in in time.

The fact that this is likely being watched by well over 10,000 investors GIVES it HUGE value.

I don't know where this will bottom out but I firmly believe this is not going to keep going down anywhere near 5p and will bounce strongly way above that.

This company raised the most out of all the new cannabis lse shares, was the most oversubscribed and most traded. It will be around for a while yet.

Plenty of upside here imo and plenty more interest to come....

(Please check facts etc.
Aimho)

Mgc pharma and cellular goods have been obliterated yet still double the ipo price.
Knb is holding up well considering...

The ukinvestor magazine article today seems to have thrown a wet blanket on this.

According to that article, they made £15,000 revenue in the first half of 2020?
That can't be true surely.