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‘ strategy b is a time thing. you get the money on the 13th may’
Dags, if you lodge a 100 pound note in a bank, and you return at a later date to withdraw a 100 pound note……it more than likely wont be the exact same 100 pound note that you originally lodged…..if you get my drift
Strategy a. Continue to hold post dividend and hope the sp climbs back up after the inevitable 1p fall. Keeping the 1p dividend in the bank.
Strategy b. Continue to hold post dividend, recycle the dividend into seed stock on the drop
Strategy c. Sell it all tomorrow on any strength, walk away and use the cash to pay for psychiatric treatment after years of ffwd/seed torment
Strategy d. Sell post ex-d date, hoping that the market is sympathetic to seed and trusts ed has turned a corner and will keep shareholders’ interests in mind and the drop won’t be the full 1p, staying instead closer to NAV
I have been drifting between b and a….strategy b will probably win out
There is a share going ex-d tomorrow, maybe not the best example though!!
https://www.dividenddata.co.uk/
As of Friday’s close, the market values seed at a market cap of £3.22 million POST next week’s 1p special dividend. That’s £780k below the remaining cash balance and values the ‘assets’ at zero.
On paper you can buy at 2.6p receive a 38% dividend and be left with the above 👆.
It will be an interesting week, will long term sufferers take what’s left off the table? Will investors average down? Will there be massive buying? Will there be a massive ex-d dump?
Even if the sp went to 10p before ex-div date, that would still be a 10% return, 20% @ 5p etc etc.
Obviously the sp will shed 1p on ex-div so it is up to Ed to maintain some momentum so the sp finds a solid base. Ideally not too far from NAV
icb888
agreed. shame there can’t be a criteria for dividing a special dividend amongst shareholders in proportion to the amount of pain/stress they’ve incurred over the many years of ******ology by management…..but thats not how markets work, and those buying today will benefit equally as those of us who were taken in by the lies and incompetence.
getting ahead of ourselves a little, god only knows what ed & co have got in store for us….judging by the record - nothing good!
Except it reads more like:
We are delighted to announce that our incoming balance is now valued at £Nill.
This now provides seed with a unique opportunity to explore a plethora of avenues of obtaining finance that would only be available to our BoD due to their experience and expertise.
On behalf of the BoD and all shareholders I would like to thank ed and alfresco for navigating the fund through these difficult times.
RNS release time 1400
Morning fatman,
No harm in an early start!!
Ed wouldn’t have the brains to run a Ponzi scheme….i think what we have here is something far more simple…..shareholders’ money providing exit liquidity for lorne & co…..in my opinion its just a simple ‘transfer mechanism’…..I could have inserted a four letter word beginning with s and ending with m…..but i wouldn’t want to offend anyone with such tabloid-like writing :)
Dagenham
I agree with all you said.
Ed cant see he is doing anything wrong, ed and alfresco can blame the markets, blame Ukraine war, blame Israel, blame trump or biden, they wont take responsibility for their incompetence.
They’ll continue to take their inflated salaries but with their limited intellect they will think themselves hard done by as they will be looking at other bosses like Jamie dimon’s salary!
Ed will think, if you don't like the way i am running seed…then sell! Which would be the juvenile attitude I’d expect from him. He should, as been suggested, pause salaries until such a time that they do something right, ed you’ve had enough of us for the destruction you have caused.
See George Roach at it again over at Prem, but the volume is there….he sells a story!
Ed sits back gobbles the cash every month, bleeds is dry and creates zero.
This is simply boring, there is nothing to get excited about. It’s been years they have proven what they can and cannot do.
Hoping isn’t an investment strategy, and that’s what we are doing here simply hoping that we can get out!
On receipt on the leap money, Ed’s text message to alfresco will probably read: that’s us set for another few years matey
Fatman
Indeed, another investment down the pan…the accountant will have an easy time doing the books! Its torture, years of this zhit!
Re leap 2nd payment…
@edmcdermott12
There is no reason for any delay and no issues are expected with receiving payment
08/04/2024
Kingsley
If I were running an aim company, in these current markets where companies are accepting harsh conditions during capital raises, i’d be shouting it from the rooftops that we had such a strong balance sheet.
If this 2nd payment from leap is proven to be yet another rouse, then that’s it, it will be curtains as no one will invest in seed at any price. The weakness in the sp could well be the market sniffs it out already.
@ed why don’t you put out a tweet suggesting all is in order, if you don’t we will get bartered this month as time ticks down to yet another colossal feck up…..I’d imagine you knew about this for a long time 🐍
Hi Dagenham
‘ Where is this 2.4 million from leap.’
It’s very difficult to trust ed due to his previous lies, I have had some uneasy thoughts lately that something (yet again) is not right.
The split payment for leap never jelled with me, sale of the asset, should have been done and dusted.
Ed posting his weekly 2 minute vids on twitter is all he is useful for.
Absolute 🤡
Why would he liquidate?
You got to remember why companies list on the stock market in the first place?…..To raise cash!
So whenever Ed’s paymasters instruct him to direct cash into one of their ventures seed is the vessel through which cash can be raised.
But Ed is so useless, that he has fecked up the chance of seed be able to regularly raise cash for his clients as any raise now will be a one and done, the markets have been rattled by raises in He1, boil, avct and next roq to name a few, there is no appetite for proven ‘gentlemen’ like ed.
Are we not due a 2nd instalment from leap in April? Or had that happened already? If it is due , why isn’t numbnuts communicating it to the market, or has that been screwed up as well.
Expect the worst from Ed, that way he won’t disappoint!
Reefles
As my tabloid style writing is beneath you, I suggest you scroll through some the tweets of this scholar, I have randomly selected just one, I hope he meets your standards, your grace
https://x.com/edmcdermott12/status/1511707889194438656?s=46&t=iahakT7lQFUXUOGuXsuDhQ