Member Info for lignumvitae

Stock is still being dumped. Buying is being met with selling. We have the contrary position where good news produces a drop in the SP. Reason being that the demand creates an opportunity for weak holders to sell. So my advice is that when these sellers dump their stock just be a responsible citizen & pick up the litter, dust it down, keep it safely & its day will come. This stock is likely selling on a single figure forward rating - has cash in the bank & is growing strongly. The CEO has learnt from past missteps & is providing solid stewardship & PI's should recognise that. Potentially a multibagger.

The loose fruit is now being shaken from the tree. The remaining fruit can be left to ripen

I can only believe that the reason for this stock not to have moved strongly higher this morning is the deep depression that markets have fallen into. Personally, and i stress that this is a PERSONAL choice, i have added to my holding.

Today's results - both the figures & the confidence expressed for the future represent a coming of age for this young company. Expect a significant re-rating commencing today. As a holder i will not be selling into the rise but holding for what i believe will be a very profitable future indeed.

In these uncertain times the market is unable or unwilling to see the wood for the trees. A solid & profitable business with considerably reduced debt levels is emerging.

It shouldn't have come as a surprise that Savannah was running low on cash - you only have to go back to the last results announcement & consider the work programme and project forward. This is why the SP has been trending down and the only surprise therefore is the level of discount required to get the placing away. But i acknowledge that currently we are not in normal times. Nonetheless i am confident that at these levels the long term holders will be well rewarded.

Welcome to reality. As a small resource company we are at the mercy of the capital markets. BUT: We ended last week capitalised at some £30m - we now have an extra £5m cash & factoring in te new shares the revised cap is some £26m. So, is it a buy - i say yes although recognise that bitter PI's will hold this down for now. On a wider front i think that Oman & Mozambique should be spun out & separately financed. This would be good for company [1[ Lithium etc & company [2] Copper & mineral sands & therefore good for those PI's that choose to stick around.

Amidst all of the "Doom & Gloom" about Intu it continues to sign up quality tenants. Takeover potential has inspired the current upwards move but this is in itself inspired by overlooked fundamentals.

CEO says that they are "hitting the ground running" ahead of regulatory changes. Unfortunately lots of shareholders are running as well - as far from this stock as they can get.

Payback times for new investments exceptional. Payback for PI's indicated by the 16p option exercise price. The clear conclusion is "Stay aboard"

So what is 25% of Zama worth? My gut feeling is $500m. So, potentially net debt comes down to around $1500m in the near term. There is a clear ratchet effect with PMO - as debt reduces market cap for the ord shares increases. We could be getting close to an inflexion point where the market fundamentally reappraises PMO.

The share price of Safestore has risen some 1200% from a low of 50p in Nov 2008 to now. It has all the hallmarks of an exceptional business one might say. BUT: Buy today's Daily Telegraph & isolate the MONEY section & turn to Page 4 & read the account of their business practices applicable to long-term users of their service - practices that could be said to amount to exploitation of the elderly & vulnerable. Just makes you wonder whether other dirty little business practices are there waiting to be unearthed. Certainly, on this evidence, i would not consider this company as a safe store for my own investment cash.

Trading halt but why ?

Yet another director's buy. They all speak to us if we care to listen.

The shifting of the global currencies tectonic plates point to significant tremors ahead. Bitcoin will be the chief beneficiary of these realignments so do not despair. Keep the faith. Strengthen positions.

I weighed myself last night & was 0.3935 meaning that i had put some weight on. Hoorah! I am hopeful of putting on a little more weight today.

And for those who bet against me don't forget that if you chop a worm in two then he just regenerates. Then you have two worms. Perhaps it is the worms that will inherit the earth?

Thursday 15 August: Some have gone short on me because i was a bit sickly. But i am taking the medicine & already starting to recover. I know it will take some time but i am optimistic.

I suspect that the shorts are now feeling slightly queasy. This worm has turned.

My canary has escaped again and flown into the mine. I can hear it singing, "cheap, cheap, cheap"