Member Info for longtimeinvestor

Iman

''Evolution Energy Minerals''

the new addition to the portfolio that gamblers in met1 would have to pay 4.6p for Met1's 1.75p investment.

Must add it to the list

'' IG GROUP''

I am an IG Group shareholder but that should have read 3I Group

Monday morning blues

And there are a number of IT's that have unlisted investments.

Also my investment fund IG GROUP's main asset is unlisted, but they own most of it

Is trading at about a 160% premium to tnav of it's portfolio (still mainly cash)

VCT's where you can get tax relief as an initial investor can trade at large discounts

SEIS for startups can also get tax reliefs/benefits but most fail.

Met1 have not invested in any start ups

onb

you are digging yourself into a hole

Is trading at about a 160% premium to tnav of it's portfolio (still mainly cash)

VCT's where you can get tax relief as an initial investor can trade at large discounts

SEIS for startups can also get tax reliefs/benefits but most fail.

Met1 have not invested in any start ups

onb

you are digging yourself into a hole

Stated investment portfolio -

Black Schist Project

CleanTech Lithium

Fulcrum Metals

Lillefjellklumpen Project

Lions Bay Capital

Radium Mountain Project

Red Basin Project

Squaw Creek Project

Swales Project

Uravan Belt Project

Vanadium King Project

Wedding Bell Project

Met1 is investing in other companies with the aim to make money from them, so can quite easily be informally called 'Met1 gamblers investment trust' by me. The purely met1 element of 'assets' may end up be a tiny part of the whole, with further expansion of the portfolio.

Met1 is investing in other companies with the aim to make money from them, so can quite easily be informally called 'Met1 gamblers investment trust' by me. The purely met1 element of 'assets' may end up be a tiny part of the whole, with further expansion of the portfolio.

Onb

''Now this increasingly looks like an embryo Venture Capital or SEIS fund ''

obviously utter nonsense - you have a lot to learn

Onb

I am afraid you have backed yourself in a corner with nowhere to go. You are at the end of the road.

Onb

''Sorry if you're slightly inferior to my IQ is not able to keep up. It is exactly the point I was making,.''

Very strange comment - my IQ is in top 0.5% of population

'' unable to understand the eternal market drivers: "Fear and Greed"!!''

very strange comment - I had noticed that Met1 went to 55p driven by .....

= I understood that greed had taken place - it should not have needed spelling out to even someone with an average IQ

Onb

'' unable to understand the eternal market drivers: "Fear and Greed"!!''

very strange comment - I had noticed that Met1 went to 55p driven by .....

Onb

you are clutching at straws

1.75p is not worth 4.6p in my view

Onb

you are clutching at straws

1.75p is not worth 4.6p in my view

''SEIS investments''

normally unlisted seedlings where tax breaks are given to investors

As I said the largest VCT trades at a massive discount.

Met1 gamblers average paper losses are massive - even a price at a 160% premium doesn't even begin to cut much into the average loss.

''SEIS investments''

normally unlisted seedlings where tax breaks are given to investors

As I said the largest VCT trades at a massive discount.

Met1 gamblers average paper losses are massive - even a price at a 160% premium doesn't even begin to cut much into the average loss.

Btw the largest VCT trades at a massive discount

Onb

''You suggested early on this was some sort of speculative investment trust and implied (but then denied) it should therefore be valued at a discount to NAV like BRWMT.''

Incorrect - for about the thirteenth time - the share price will be at whatever the gamblers decide to exchange with each other at. Met1 consists of a portfolio, that is simply a fact. The price is at a very large premium that is simply a fact .

There are good reasons why an investment trust would trade at at premium.

I hold HFEL which most of the time trades at a tiny premium - this is due to having a high dividend yield that has consistently increased over the years.

I hold 3I Group which trades at a big premium - this is due to a record of the underlying portfolio showing big increases in valuation over the years. I bought 3I group at 188p per share

''how do you think it should be valued? ''

it should be valued at the valuation of the portfolio plus or minus a percentage difference that gamblers wish to exchange shares with each other at. Met1 have stated the cost of it's gambles for portfolio constituents over the last several months.

''but do have asset value calculations based on how they are spending their money. Is there an argument MET1 should enjoy similar treatment?''

I personally would not want to pay a premium for a stock that has no revenue and no profits.

.

Currently trading at a 160% premium to tnav