The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Guys. When Black Rock and other financial Titans get their ETF approved, the wall of money that will be invested in BTC will not initially be that significant ..initially; but a valuable lesson I have learned from investing is that if a government do not like a sector, be it tobacco or crypto, generally some other sector, you can be confident that sector will blossom..Typically in my view, the wealthier more prosperous investors with Black Rock and others will have learned about Crypto from their children or grandchildren and those investors will I believe invest in Crypto with Black Rock , not for themselves, but for their children and grandchildren, and if my view is correct, the first small wave will become a tsunami if other giants of the in the investment sector decide ' We have to invest in Crypto ETF or we will lose clients money'..FOMO with older investors in BTC ..via Black Rock sounds fanciful but get ready because it is coming. I know nothing about BTC other than what I have read but BTC is not just for the young but for everyone on the planet and its rise to a stupid level is coming, whether you believe it or not...Best. Lazy
Guys. I have been here since the early days, when I bought into ARB at a low of 39p, then 64p, and then sold at 200p and 237p...How clever I was?...but wait, I bought back in at 150p but I am not that clever, because if I was, I would not now have an average of 49p...Make no mistake, I bet for a living and understand risk. ARB may be a basket case but as BTC rises and more punters pile in here, I think, we can take a sizeable bet here, as it rises but remember as BTC rises, it's all about when the music stops, can you get out because at some point the exit door will be blocked.. Be careful, but enjoy the ride because massive profits are ahead of us before it all falls down..or not. Best. Lazy
BARNETPETER...I wondered where you had gone. ?. Good to know you are still alive. This will do what ARB did and what QBT is going to do, if the BOD story can be trusted. As the saying goes, in these crazy times, worth a few quid as the volume will do wonders and pull in the punters and send it in every direction. Best lazy
Just tried a dummy sell for 400,000 shares and I am being offered 8% more than current ask price. MM s want these shares despite the current reduction in price. Best. Lazy
Guys..We have had a good few days here and i know many will be unhappy of the recent pull back..We have all seen this so many times, with other shares but the fundamentals have not changed one bit. I bought more shares at 2.48 today and if the price falls again I will buy again because the long-term trend is only going to go one way...Panic amongst some and profit-taking amongst others has contributed to the recent fall, but if we all knew when we should sell, we would all be sitting on a beach somewhere in the shade drinking cool local beer. Trading is hard and most fail but there is always enough optimism in all of us to give it a go.>Long term, be confident, as all LTHs are here for the long term. I refer to the book by Phelps again 100-1 in The Stock Market; the approach by Phelps is easy to read but hard for the undisciplined to follow..For once in your life just try something different, as we are all intelligent but many lack emotional discipline. The fear of losing our stake money is greater than the satisfaction of holding out for profit..not for all companies but companies that just might have something truly significant to offer. Ask yourself this question. Do you believe QBT has something truly significant to offer the market ?. If your answer is no or not sure, move on. Best . Lazy
Hello Pas14. Thanks and what you wrote is correct.humans, all think they are smarter than they are but the smartest plan here is to decide your future path to profit and your planned profit-taking as the increases come your way, as they will here. I was in ARB from 33p to over £3, I sold all the way up and all the way down. we have seen nothing yet. lazy
Thank you mrhanji. Keep holding QBT. Lazy
JAMBONE. Brilliant post for new people. I like the short and the medium but like you, I am here for the long as it will be the long that makes us all Rich, very Rich. As you know, we have seen nothing yet, and the new fold coming to QBT, need to understand the significance of what you have written...Lazy
Guys. On a macro level, the UK economy is going to tank, if you do not understand why, then you need to research why this is. UK interest rates at current levels are going to break the UK economy, big style. However, BOE members have no idea what their actions are /have caused. .
Accordingly, the same is taking shape in Uncle Sams, and if you do not realise the rise in BTC is related to the fears over the US economy then IMO we are all wasting our time here..DO NOT believe a word I write but as we have seen in the last few days, the more we rise the more we will rise as punters are looking at QBT and BTC and thinking, what if QBT can make mining cheaper and more efficient. I was in ARB when it went to the moon and back. I believe the cost for mining one BTC is between US 13,000 to US 16,000..So at current levels, the profit each miner makes per BTC mined is increasing the levels of profitability for each miner to a very acceptable level. Therefore, who will be the first miner to say, we just have to give QBT software a go..I do not believe QBT will offer their software to all miners, just say 2 to 3 to begin with and then those 2 or 3 will go silent...at that point, it will be clear those 2 or 3 miners do have an advantage but it is unlikely we will hear about this until FG makes an announcement. My view is when this announcement comes, you better be ready because you will not be able to buy in but you will be able to sell.
I will admit I could be wrong but logic dictates that when a company has a game-changing formula, all and sundry are dubious because we as humans and by nature skeptical, all capable of making good, bad or stupid decisions and the majority will take their profit too early..
Book overview. In 100 to 1 in the Stock Market, Thomas Phelps discloses the secrets and strategies to increasing your wealth one hundredfold through buy-and-hold investing.
I urge you to read this book, as Phelps wrote the book about an investor who made mind-boggling profits in the 1920's...You think you are clever now, you have seen nothing yet.
QBT, is not for the faint-hearted but I am old enough to understand, what we have before us here, you do not need to be a brain surgeon to work out for yourself; before you, you probably have an opportunity to achieve a once-in-alife time return with QBT.....Sometimes in life the information before you does appear too good to be true..Do not listen to the trolls, the soothsayers, just think about the science. If QBT can for example, save a miner 10% on the costs for each BTC they mine, you work out for yourself the Net Profit QBT will make.....I wish you all every success but the rise today of 42% should be evidence enough that something both speculative and significant is taking place at the same time...If we get another 3 days of plus 20% increases, you better be ready for the explosion that will follow, as once the crowd comes on board. We have seen nothing yet in my view. Lazy
We will be able to judge more about the strength of QBT, LTH, and the competing trolls on Monday. Whilst I have not posted for a long time, that is only because so much of what is published here is utter xxxx. Once we get the crowd chasing the next rise, and with a RNS stating we have teamed up with just one miner, all of us LTH will be rewarded with what I believe will be life-changing sums of money. Despite the rise in recent days we still have not seen anything spectacular because we have been here before.By Wednesday and provided there has been no spectacular pull back it may be time to sell your laggards and invest more here. as for price targets, the market itself only knows. Lazy
Qbt is in my view going to go the same as ARB in Jan 21, be ready for the rise when it comes because we have seen nothing set. We are up strong on a down day, when the crowd comes in next week, this will fly, but do not forget to take your profits on the way up. The movement today shows traders are in and out. Have a good weekend. Lazy. PS I have been here a long time a very long time.
Bitcoinbull...I enjoy reading your posts but I suspect most of the audience here is probably considerably younger than me and you.
Everyone should study carefully what you have written, as I believe your insightful comments are better and probably more accurate than most give you credit for.. I have been in QBT for some time and with RKBeekeeper, and yourself much can be learned from your postings.
Personally, as I have the grey hairs, have been in banking, and lived through many recessions, the financial system we have at the moment is totally broken, and as each day passes the central banks will wake up and realise they are in the shxt...and will have no other choice but to reduce interest rates faster than the falling rate of inflation, as anyone with a brain can see that within 6 months, the worry will not be inflation but deflation and all the greedy bankers will be running for support from the central bankers as depositors try to take their money out of their bank accounts and look for a safer more secure home...BTC, QBT hopefully will directly or indirectly be that home as that day approaches we all have time to work out very soon QBT will have more cash in its bank account than its market cap..and then the market will really take note, as at present I believe the market doe snot believe FG will receive the funds owed to us via Clear Leisure. Keep up your excellent posting, as it is educational I am sure for many less experienced investors on here. Lazy
DSFLAT..Your Y tube video with Mark Yusko was simply outstanding.If you are into ARB or QBT, YOU HAVE TO WATCH THIS VIDEO.. It will alter you and the way you think. Do It NOW. Thsnks DSFLAT. Thank you . Lazy
GREAT Post Bitcoinbull..Many more readers need to understand how the problem matures when USA treasuries, fall at a time of raising interest rates. Shows Powell of THE Fed is stupid now if he increases rates further. Lazy
Excellent Peter..Well Done.I think there is no smoke without fire and someone is getting the kindling together before lighting their fire..this should be an overseas hit but BOD do not have the experience of overseas and they need a fluent language speaker in Spanish and English, as Hindmarsh & Co can only write a few words in English as evidenced by their RNS statements .Lazy
Barnetpeter has tipped this to his tenants' on Job seekers..they are buying for all their worth, which is FA, or the directors won some money on the GG's and are playing it up here, as Mark Slater is fed up off looking and explaining the losses here to his well heeled investors..There is no Zulu Principle with the BOD of BOTB
Hi Paddy..I have sat behind my screen for a long time but you, Hydrogen, (please tell us where we can read his posts0 Bamps and Jerry . Mushroomkid et al are all still here..However, todays RNS is not released today as a random event. The guys were appointed today but SD is a business and professional businessman and I would bet any money you like SD was aware of a bid coming for Newcrest. This is not coincidental IMO and the GGP BOD is preparing for a bid, has prepared for a bid, and now has a BOD up to negotiating at any level with any world-class operator.. Bring it on because....whilst there is some degree of uncertainty, one thing is certain, any bank in AUs will know all about todays new appointments and will be happy to work with them and SD , because of their collective experience.. This is going to get exciting, perhaps nail-biting but for me, it is going to allow all us LTH money. That is the reason why we are here is it not and our GGP shares will not be valued at 8p or so for much longer.. Lazypunter
POP31...I am always interested to read what you and RetiredBanker write.. I agree with your logic about TGA, as it also does my head in but I have 2 reasons to share my view with you.
The first is experience; and that logic, common sense, and sanity have totally gone from the market at present. Far too many investors, in my view, cannot recognise the value in a share even when it stares them in the face like a punch. I fear this is because those same investors cannot comprehend the scale of the cash generation of Thungela.
Of course, we all know the rail issues, discounts, fluctuating coal prices, the war in Ukraine etc but EPs, PE Ratios, and FCF, mean nothing to those who buy purely on price. You, Retired Banker, and others do not care about the price today or tomorrow because we got in when it was 300p or less...My average is 355p but originally I was in at under 300p, but sold and soon bought back in when I realised where this share is going.
The share is just under 20% of my portfolio and under normal circumstances, I would have sold some, but when the dividend is only going to grow, I see no sense in selling as to me, sooner or later some but not all of the market and investor community is going to wake up to what is going on here. I am prepared to wait.
however, the other reason is South Africa itself. I have a very good friend, a South African. I suggested he put £5000 into TGA and he laughed at me, telling me, I did not know what was going on in South Africa and in his view the whole country is uninvestable...He is not laughing now, as if he had invested he would be holding nearly £200,000 of shares paying a 20% dividend...He recently returned from SA and told me the country is a basket case..his view I fear is widespread and until the wider investor community realise that despite the problems in SA, TGA even with one arm behind its back can still make mountains of cash. In my view, the exclusion of Russian coal is not a situation likely to be reversed any time soon, and as we approach winter in the Northern Hemisphere, even anti-coal countries will, like the UK, be burning coal and TGA will be ready to supply that coal...What is the market expecting?. That is impossible to answer but when the amount of cash generated gets close to levels that are abnormal in a share, you fear something is certain to upset the applecart.. That may happen but as today's RNS shows TGA , is going to be awash with cash and future dividends, even at current operations handicapped by poor rail performance by TRANS, are going to be generous.. However, I think, we may see future falls as the market is petrified of interest rate rises on the way, inflation and other factors beyond our control...but in my view, central bankers are too late. they would need to increase interest rates to 10% or more to bring inflation under control and even at 5% they will bankrupt the economies they predict can survive higher interest rates. Coal Is King and long live the
Has anyone received their dividend through HL?.and are they proposing of sending out a R189 as they have told me they are not but I do not believe them.,
GUYS, Of course, we would all like the price of TGA to continue rising but O2 is needed to get us the next leg up plus, with our wonderful dividend due in May, it's another opportunity to get more shares at these much reduced prices. This is a big long term hold for me, as no way is the Russians are going to stop this war anytime soon. As for their oil, gas and coal, they will not have a market as they would like for a very long time in the future. We will all have pain but nothing like the pain Russia has inflicted upon themselves. IMO, they will become a pariah like N Korea for a very long time.I feel for the russiam people but as for TGA, do not worry about the short term,, this is a share for years to come, whatever the green lobby tell you. Who would have thought KING COAL would get back on its throne in 2020'2. BEST