Member Info for lemmink

Bought 2.5k @ £1.34 ish - holding 72.5k

Having watched the website video thing all the way through once just now and thoroughly understood it all imperfectly i feel inclined to guess that the balance sheet has further to contract but probably to no lower than a book value per share of £2.50 before starting to expand again. I have not done any calculations, not even simple fag packet calcs.

Head going back in sand - any chance of this thing trading at half net book value? — £1.60

Bought 2.5k @ a little under £1.87 ... holding 5k

ugly looking NAV £3.20 down by £1.20 in 6 months --- hopefully something positive lurks in the complexity somewhere ...

Didn’t notice it until a few hours ago - they seem willing to sell in the £1.40 region.

Bought 4k @ £1.353 ish ... holding 70k — a little bit nervous

Hi,
No insights other than publicly available.
Possibly a bit gambly

Bought 6k @ £1.35 ish ... holding 66k — felt obliged to show a bit of faith on a down day

:-(

Bought 10k @ just under £1.46 ... holding 60k — reckless?

Sold 5k @ £1.34 ish ... holding 50k ... is it a premature rise?

Thanks for your post - I think it will still be quite difficult to form firm conclusions after the results, but once there out of the way the fear should subside a bit. - I would hope barring strongly negative surprises that the share price will form a floor post results of £1.40 possibly £1.50 and then seek to test Woodford and prudentials resilience with exploratory moves to £2.00

Bought 8k @ just over £1.16 - holding 55k - short positions nudging down a little - one gone below the 0.5% level (squarepoint)

Hi UPshunt,
Sadly not - I was in from somewhat earlier than 63p - I think overall my position is close to break even but slightly under water.

Bought 3k @ a little under £1.17 - holding 47k

Bought 4k @ just under £1.17 — holding 44k — didn’t know about the construction sector data 5 month decline thing - thanks

Bought 2k - holding 40k - can’t remember what I paid — £1.18 ish? - prefer them a little more pricey tbh

Sold 2.5k at £1.99 ish - holding 2.5k

Not sure what to expect or hope for - something easy to understand and believe that makes the probability of survival look higher than that of non survival would probably be good enough for the current share price?