Couple of things to recognise4 May 2024 13:32
And, in spite of what negative criticisms of my post will no doubt generate, here they are:
expectations are very high that results will show significant positive revenue and profit. prople may say they have a timeline that stretches into 2030 but everyone who's been buying this year (including me!) are buying for a rise, either in expectations into the results or the results.
it's just very noticeable that, even with placings, there have been no ii TR1s nor BoD buys over the past year. There have been ample periods when, presumably, an order could have been filled, very obviously when Raphael sold off his stake. I doubt anyone can explain why not, other than saying 'they already have pots of cash, why would they want to make more?' you could make your own mind up about that logic.
most pi's here aren't holding umpteen millions of shares but, from the many, many posts written, it's obvious that the posters who purport to never trade but just endlessly buy also say they bought on the low so are at least double bagged at the moment. it's an evniable positon to be in, if true and , if true, even i would be happy to ramp away as my cushion of profit insulates me from any potential.
talk of stablecoin seems to just drift endlessly on never-ending 'news' that the world are all into stablecoins. so... is GST the only company pushing a stablecoin and waiting on FCA approval? (i actually don't have a comprehensive answer to that but... i doubt it).
will FCA EasySend approval come very soon? Will news arrive on Tuesday? more likely than stablecoin news. What will it do for the sp, when it does come? Spike, probably, as we've seen several times already. IS there any reason for them not approving it? doubt it...
Will a new acquisition send the sp higher? well, when Semnet proposal was rns'd it did, but the sp was trashed at the time. but it went from 0.7 > 1.5. where is it now? 1p. so, not quite the rerate that is constantly mentioned.
all rises and falls have to be in context to where they were. look at SAR and it triple bagged from a placing that murdered the sp at the time. it went from 55p (from a good average of 100p) down to 10p. it nows stands at 25p. does that make it a good buy now???
this sp has been at an average of 1p for years, now. so, is it due a major rerate 'imminently'? god knows. if the results show major revenue increase... but everyone keeps saying that the numbers are suspect so... cointoss.
what IS hilarious is how many times 'certain people' post how they made 20% in seconds somewhere else but still bang on about a share that's currently sliding. by my reckoning, said people have made 2million% in a couple of days on those alt. investments... so what's the big deal here?
it is, in the end, no more or less a nailed on guarantee than almost any other AIM share (and, before anyone bangs on about it being 'main market', has anyone ever paid stamp duty on their buy... EVER???)