If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Wise words Columbo - I was only 2.5p away from my initial sell target of 50p this time last year but it just failed to hit it and now we see ourselves at half that. it is a bummer as was so close lol however as said yesterday am target driven so sleep well each night and live stress free believing my investment is sound. Obviously all of us want solg to achieve profit sooner rather than later :-)
Q - this is why my stake is quite substantial as like you am a huge believe in solg however because of my age (50) and my employment status (retired), am happy to stick to my humble plan lol. I genuinely wish you see your 250p and if I was still working. I'd be revising my target. Do you see us being bought out before then though as my feelings is a sale between 100p-150p
Q - I will wet myself if we hit 250p :-) Think I will be long out before that figure as my personal sell targets are set with the initial tranche to sold at 50p and subsequent tranches at 25p increments. I saw the same thing happen at BLNX with the share receiving so much hype before stagnating and people leaving and becoming negative however those of us who have did our research and believed, stayed the course and made very solid profit. IMHO solg is a repeat and will reap dividends for us who stay the course.......
Hi unic - we are the fortunate ones :-) I honestly believe that for those out there currently sitting on a paper loss (probably no more than a 45 buy in), their patience and belief in solg will be rewarded before Christmas IMHO. I really feel for any who are time pressured and trust they see profit before having to sell. I absolutely agree with you about the next six months being interesting and hopefully exciting.......
Just curious with reading the posts from various posters about how many of us are time driven or target driven investors? If you are target driven like myself, we generally have the luxury of being patient and genuinely stress free while we wait for our picks to hit their set targets. Being time driven is more high risk and stressful, especially if you are using funds which are needed by a specific date which means your original stake may need to be sold at a loss. I know each of us invest because we want to create an additional income stream and also probably because of the adrenaline rush it provides seeing our original stake make money, however this makes it even more important to do your own research, read and educate yourselves about how to spot a top prospect, have your pragmatic set sell target as this prevents greed, maybe even have a stop loss set in place to minimize your losses, always be up to date with any relevant news, and most importantly only invest the amount you can honestly afford to be without. It always sucks losing money (I know that feeling a few times lol) but lets face it with the aim market we can make serious coin quickly or lose it equally quickly or be trapped while the company just stagnates below our purchase price. If you genuinely cannot afford to lose please do not invest as it is simply not worth the worry or heart ache. Not trying to be patronizing or condescending.......
Sonofkal - appreciate the question: I honestly am the wrong person to ask because of my holdings, while not at the same level as Qalibashi (awesome stake Q) I still hold seven figures so it is all relative and to me the 130,000 is not representative of a big sale although I completely understand that it is for many of my fellow shareholders. I know one thing though and this is not necessarily directed at you.......I have had children die in my arms and believe me life is too short and precious to waste time and energy on anything that continually creates unnecessary angst within us so if anybody is a holder of solg (I am assuming you it was due to your own research beforehand), trust your initial fact finding that made you buy as it is my humble opinion nothing has changed to cause doubt BUT if you truly believe this is now not the positive prospect it was originally then sell and find another sound stock with the prospects you are searching for. Being negative and still being part of something you have the free will not to is just genuinely incomprehensible to me. If you are locked in because you bought in the 30s or 40s, I sympathize with the mixed bag of emotions which especially less experienced investors struggle to compartmentalize, however from personal experience I have had this happen many times (an example being BLNX) and I continually review the future of the company, sell if my faith has changed, hold if it has not, and even sometimes buy on the downward spiral because it is a genuine opportunity to make more money. Years ago BLNX went from 50p+ to low teen figures to triple figures after a relatively long stagnate period and because I did not allow my emotions to dictate my cognitive process, I made six figures profit which was worth the wait :-) Other shares I have lost money because of accepting my losses however that allowed me the opportunity to find my next 'profit partner' company. I am not a deramper as just post am selling because of my own research and accept my loss but good fortune to those that remain. I honestly believe that SOLG is another BLNX so will remain in until my targets which have been posted previously by myself have been hit. All apologies for the long post however some of us need gentle reminding about the art of investing AND displacing common courtesy. I am at a loss why so many actually answer the meaningless and demeaning posts - I just ignore as they have absolutely no impact whatsoever :-) Finally always continue to research and if you finacially can stay the faith if you fail to uncover reasons to sell, share Investing (especially AIM) is not for the faint of heart but if you can keep your head.......then you will be a man (disappointment to see so many boys posting). ENJOY THE RUGBY TODAY :-)
jamesdean - appreciate the heads up over at solg.......will look at the company over weekend and if positive as you say then will buy Monday :-)
While I stay away from being part of the tit for tat posts......I must admit to laughing out loud at the earthling's riposte of 'plonker platoon' - not at who it is directed at but just because it was british satire at it's brilliant funny best :-)
Grimbergen - I used to thing and feel the same as you UNTIL 1999 Wolrd Cup Semi Final & 2007 World Cup Quarter Final.......my pair dropped to my knees and and only recovered after 2011 & 2015!!!! They still shake in their sack every time we play the French :-(
Forgive me all for introducing a non solg topic but the sun is shining and it's Friday :-) My tips for tomorrows four big internationals: All Blacks v France - ALL BLACKS (Loyal to my team but we have lots of players injured so my head actually says France); Australia v Ireland - IRELAND (Being a kiwi, I only ever support two teams NZ & anybody playing against Australia!); South Africa v England - SOUTH AFRICA (Hard call as any team can win but have to go for the home team advantage plus hard to support an aussie coach lol); Argentina v Wales - WALES (another too hard to say match as love the argies passion however have a lot of respect for Gatland).
Sonofkal - I recently read that us 'general public' only own approx 1%. The remainder is split between 'individual insiders' 'private companies' 'public companies' and 'institutions'. I hazard a guess that the slow trading days are because only us general public are being active, someone more knowledgeable than me may be able to confirm that it can be seen as a good sign as the big boys are not selling but retaining their shares because of their belief in SOLG.
thomas - AIM stocks are always an educated guess (key word being educated not a punt lol). Dreams are key to creating goals and striving to be successful (which is a different definition for each of us), without dreams so many inventions we take for granted will not have been invented and our real world will look the less for it. I hope to never stop dreaming and maintaining the mini peter pan inside me :-)
mog999 - agree with your post, at the start of this year my timeline to see 50p was August and take over by NYE so will be the first to admit my timing is probably off (still time to prove me right lol) but company prospects are solid and chance of mutual agreeable takeover still strong before 2020 IMHO.......