Member Info for lordloadsoflolly

NewboF - yes that question crossed my mind too.

If you can measure the percentage of one gas, how come you can't with another?

MasksNewNorm - I imagine there will be shorters out there. As there are for most - if not all - shares.

I'm not one of them, whatever you & your fellow conspiracy theorists may think.

However, as the share price stands today, I'd say the shorters can sleep fairly comfortably in their houses still. Might even be able to buy another one in some cases.

MasksNewNorm - nope.

You still make no sense. For the reasons I've already spelt out.

Newuncle - No.

Why, are you?

MasksNewNorm - you say "Prior to the RNS today the market (was) flapping and pricing to fail. Well then we get the RNS this morning proving the negative theories came from panicky .. sheep".

How then is one to explain the fact that yesterday and for most of last week, Hex's share price was HIGHER than now?

Newuncle - what utter twaddle.

To enlighten you, it IS possible to be a shareholder and a realist.

Ihavenoclue - I'd like to thank you for crediting me with the power to move share prices.

Sadly, in over 30 years of investing I've never displayed such a gift, but credit where it's not due.

Rathunter - well, doh!

Yes, as you say, you'll either go into the wirelines with no shows or multi shows of gas.

And the share price will plummet or soar accordingly.

So why make out today's RNS is "great news". It's certainly not bad news, nor is it great. Great news has positive impact on a share price. Hex is currently trading DOWN.

Fortnefvrsbrve - I'd agree with that.

So far so good. Indeed, better on budget & timelines than original guidance.

But the proof of the pudding is yet to come. Which is why the share price hasn't reacted with anything like the same exuberance as some posters on here.

Rathunter - I'm not in the least embarrassed thanks. Nor do I have any reason to be.

Of course "All drills are inconclusive until wire line and EWT's". Indeed, that's the precise point I've been making.

Today's RNS is inconclusive. Despite some initially posting on here that it was "great news".

As for large sellers, there've been several 25,000 & 50,000 share trades going through on Hex each & every day, well before today. And if you - or others - think sellers pay little attention to RNSs, that's your prerogative. But I somehow doubt you're right when the potential sums involved are so much larger than average.

Ihavenoclue - if you actually bothered reading my posts - rather than just instantly going off on one - you'd see I haven't said I dislike this morning's RNS or that it's bad news.

I've simply pointed out that it's inconclusive. Which is why the share price has neither dived nor raced ahead this morning.

You may prefer to blame the relatively flat share price on large sellers. However, even assuming they currently exist & are active, large sellers do tend to read RNS's. And if they decide the news is inconclusive & that they'd therefore rather crystallise a profit now than wait for the next update, that's up to them.

NewboF - to answer your question, today's RNS sheds little extra light on whether the EWT results will be positive or negative.

Which is why the SP remains rangebound at roughly the same level as before.

Had the news been conclusively good or bad, we'd have seen a far greater SP adjustment.

Newuncle - I am already a holder and have no intention of adding or selling at this stage.

I'm just going to see how things pan out with my existing stake.

As if the market would price in the comments of a single poster on a bulletin board. I mean, really!

Rathunter, newuncle and ihavenoclue - the fact the price has been so volatile reflects this morning's RNS.

I never said it contained bad news. Just that it's inconclusive, which is why investors have struggled to interpret it one way or t'other. Like I said, the so-called large sellers (be they imaginary or real) have been talked about for weeks. Why would they have been especially out in force this morning when the price was lower than in previous days?

And you have the gall to accuse me of spouting nonsense.

Oldapache & ihavenoclue - it's not a question of whether I understand the RNS.

I am simply stating what the current market consensus is.

You may not like it, but the share price is there in black & white when you look to place a trade. This has little to do with the real/imaginary seller people have been moaning about for weeks.

If the news was unequivocally positive, the SP wouldn't be where it is this morning. The fact ihavenoclue resorts to bad language rather than valid arguments & facts to refute my post tells you all you need to know.

I posted pre-opening this morning that today's RNS muddied the waters, containing some positives but also sewing a few seeds of doubt.

So far the market reaction seems to back up my view, with the SP first rising, then falling, now fairly level.

Perhaps those claiming the RNS is wholly positive/great news would care to explain why the market disagrees for now. And don't just blame the MMs or naive PIs, as that won't wash.

Fact is, the latest news has asked as many new questions as it answered old. Which is why the SP is currently all over the place.

Is this 100% great news?

There are positive elements, but to me it muddies the waters slightly, as to what gases they think they may have discovered & the relative proportions between them.

Whilst the hydrogen discoveries (if confirmed) would be valuable in their own right, I assume nothing like the price He would command.

Moderna's 30% or so fall over the past year will be having a greater impact, as it's a larger holding.

That said, other top holdings including Nvidia, ASML, Amazon & Mercadolibre have all done well YTD.

SMT must have reduced on Nvidia quite substantially, as it "only" represents 6.8% of the portfolio as of 31 July 2024. Pretty recently, it was closer to 9% - & Nvidia's share price has increased significantly since then. So it looks like they've potentially halved or thereabouts in recent months.

Whilst the timing for this reduction doesn't look great right now, I'm personally glad they've reduced exposure there. Despite AI being seen as the next big thing at the moment, I sense a sector bubble waiting to burst there. Not because it won't have huge impact. But because valuations remain unrealistically ahead of themselves.

PDD Holdings represented c. 3.5% of SMT's total portfolio at 31 July 2024.

So a 30% fall in PDD would "only" lead to SMT falling about 1%.

Who knows?

Problem is, investors understandably read things into radio silence, given that Hex had previously been communicating so frequently.

And when Bo says there'll be an update within a couple of days, then there isn't, people rightly or wrongly suspect the worst.