Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whether you like it or not and whether a consolidation makes things easier or not you cannot get away from the fact that it is seen as an aesthetic change deliberately done to give a false sense of value. It may be dressed up as being easier to trade and with Solo's sp dropping like it did before it did become a necessity but if it became a necessity again it would be bad news - they might do it particularly as the trading name sounds like it is going to be different but a SECOND consolidation would not be my choice.
However the big question is not the offer price or whether there is a consolidation the big question is WHEN? Everything else only makes a difference WHEN it happens. Before you know it we will be waiting for this just like we are waiting for everything else.
THE most important thing is ultimately WHEN this share, in whatever form it takes, is back on the market.
What if the opening share price is NOT BEFORE 31/12/2019? Then all your predictions are meaningless. I mean in Solo terms that is a bat on an eyelid away!
It is all about timing. I still hold to my long term prediction but recent events have blown the timing out of the water and I most certainly still hold to my short term prediction of a spike which is why I am posting now as a shareholder again! Yes I called it after three years of being continuously right with a dropping sp and I backed it up with my cash! Funnily when I commented on my beginning to form an opinion about how much it would spike i had people accusing me of unprincipled ramping even though a spike is just that it goes up and then down! Now everyone is at it.
Offer price - I will go for 3.2p
Share Price after - a continuation of a spike but to what I am not certain and not sure but over 4p
Long term - It may be difficult to keep track of everything but for pre existing shares I still think this will eventually drop back to 1.25 area but that may be much much further off now. The timings are what the bod can actually control if they want to keep slowing things down. The timing is as it always has been here the problem. Please someone be ready to sedate fjones.
I take it you have held for about that long then caddy? Unfortunately the two things which people will talk about here will be "when" and "how much". Which is only to be expected I suppose but not really too clever. Most people seem obsessed with "how much" but for me the "when" is most troubling. A market is simply that and when shares are suspended for too long then I get concerned. The sooner all this is sorted and back on the market in whatever form the better for me. I am sure others will not concur. What I am most concerned about is the suspension dragging on and on.
Arielarrow just what was your due diligence then? I really would love to know the efforts you put in!
Message to zebbo. If what you are saying is correct why the hell would I be saying that Solo is Still not a long term hold? It makes no sense unless I am simply stating my belief! This will spike!
My opinion on the list is still the same Chesh. I have already won the first prediction which was what will the sp get to BEFORE the end of the year and mine was the first to be met. When it changed to AT the end of the year my prediction changed slightly but not that much. Even though I think this will spike and maybe very soon I still hold for the end of the year although I hold I may well be out on that one by a few weeks now.
Oh and Babelfish66 my mind HAS already gone to what the spike will make. If you think about it that is consistent with what I have said in that I can see a spike - that means something that goes up and then comes back down! A ramper would be calling this rising. I am saying it might (might) spike it is very different. But we'll see - I do not WANT a spike as a holder I want the sp to rise but I believe it will spike. The true rampers on here will say "why on earth are you saying that" because it is not the best ramping message. It is still a positive one though and my honest opinion. It appears that such a things as an honest opinion has no place on this forum! I have actually been told that in many different ways on here.
Oh and Babelfish66. I doubt I will be doing any ramping as I have no taste for it or, compared to many on here, ability. I will say things as I see them and my guess is that if that agrees with your own position you will label it as ramping and if not you'll call me a troll! I seem to have been called both on here - even at the same time!
If you care to read my posts you will see that my they have always been and remain consistent.
To reiterate I believe there are fundamental issues at Solo which mean that the absence of any kind of speculation spike will result in a long drawn out stagnation and slow drop. I first said this 3 years ago (check if you can - I have no idea if it is possible to check back that far). In this I have been proved correct each and every month and have faced constant abuse on here for speaking my mind. I have, however, always said that Solo LTH's only hope was a speculation spike which has, of course, happened with Solo more than once before. As I have tried to explain I believe the conditions are now right that such a spike may happen and have observed indications that it may well have already started. Why I should always be castigated for saying things how they are particularly when history as shown it was an accurate description I simply do not know.
AlfieNoodle - good idea! I have just filtered them both and hey presto the forum has just got a lot more truthful and a lot less incomprehensible in two clicks of the old filter! You tell me which filter has had which effect!
The important thing to note here is that the sp has risen and then NOT dropped back down instantly. You may say that it is "bleeding obvious" this is good news but in Solo's case it is significantly good because it is exceptional over the last few years! I mean it has simply not happened! This share price will simmer until people looking for a quick 10% are finally sold up (maybe they are already) and then this may begin to properly boil. I still think that there are issues with Solo being a gravy train - I certainly have not changed my mind on that - but as I have also said for years this could spike and the indicators, timing and history suggest this could be the start of that spike! In short the conditions for breaking out seem more than plausible at the moment than at any time in the last what? Three years? My mind is already beginning to consider how much this will spike rather than if it will. The last thing you want to do if this does rocket is get off way too soon.
Fjones40 good evening. I am sure your heart is pure, your posts however do oftem read like an unedited "stream of consciousness" which does on occasion makes you seem raving! Pause reflect then maybe press send. If this does spike (and I believe it has a very good chance now) we don't want you needing sedatives.
It is not a question of being nice or nasty fjones. I say things as I genuinely see them. The nasty/niceness is in the eye of the beholder usually dependent on whether you perceive it to be a help or hindrance to their own position. I see a distinct possibility of a speculation bubble but I also hold with every comment i have ever made here. I also have always said I keep an eye here even even when not a shareholder - something which is to be encouraged in a "normal" investment vehicle.
fjones40 - I am sure you mean well but I have to reiterate what I and others said a while back I find your posts sometimes incomprehensible! This is genuinely not a nasty dig it is just the plain honest truth sorry.
BigD - My comments for three years have been consistent and I have the same opinion right now as I have ever had. I simply think this thing might be ready to pop - anyone wanting to look at my comments will see that I have always said that could happen. That does not mean that Solo has been anything (and continues to be anything) other than a gravy train for years. I have essentially had a bet on it popping rather than an investment for years to come. Hence my opinion probably still grates on many.
My unpopularity on here is that I have described what is going on here in terms that reflect the truth and have been shown in the long run to be correct and that those terms may be seen to be putting people off buying. That I think this is about to pop is my opinion given recent changes in market perception. If you ask what I think of the long term chances my opinion may still upset you all.
There is a chance this may spike. The fact that the recent rise was significant and has not been followed by an immediate complete drop back is both noteworthy and in recent years exceptional. My two assertions for the best part of the last three years is that this sp will stagnate or slowly drop but that a speculation spike is still possible - just as has happened twice before. I still hold to BOTH of these opinions, however as I said two days ago a speculation spike may well be due here and given just how Solo can spike it certainly justifies close inspection. The time and the market/share price seems to be starting to bubble. If people can hold their nerve and not look to make a quick 10% it may boil.
I have backed up this feeling by actually buying some shares. (SHOCK HORROR!! AND IN CAPITALS) At the moment I am a shareholder and I am looking at sitting on my hands if this does begin to move. It is however nothing like the size of my previous investment here.
By the way I only post under this name! I have, sad to say, had to say this many times on here to very annoying people who seem to like to lie.
Trrime why do you lie? Why have you always lied? Why are your lies always the same?
For a countless time... I work for no broker. I only post here using this name. I do not know anyone who posts here regardless of their opinions. I have not communicated with anyone on here except via this forum. I have many posts here which are consistent and which can be backed up with rational argument unlike the unprincipled ramping of some. I encourage anyone to look back on my posts unlike many on here. I also asked a perfectly reasonable question and apologise if anyone thought it aggressive but having re-read it I don't see that it was. In addition the response from the original poster was perfectly polite and acceptable so I don't know why you had to chime in with your normal sh*t.
So what is this "research" you have done robjprofit?
At this rate Fellwanderer you'll be lucky to get a couple of potted plants and a bag of gravel.
Hardly squirming as I was the first to get to the correct prediction of what was actually asked for! I still think this will be sub 1.25p come the end of the year but there may well be a spike between now and then.
By the way my prediction was sub 1.25p not sub 1p as I explained.
Also the original prediction was at any time "before" the end of the year not "at" the end of the year and as such I had already achieved that as the sp did go sub 1.25p! Not that I am too concerned by this but if you want to keep putting me down on your list it might as well be for what it was originally asked for.