Member Info for MarkLong

Problem is, Boris sold Brexit as the UK getting control of our borders. If he then gives the EU unrestricted fishing rights in UK waters, how is that fulfilling that promise?

The pre suspension speculation price was higher that the, the deal is done, we own a gold mine, price.
So asking people to be patient is rubbish. Too many people have hyped this deal up, making stupid claims of big profits. The reality is, this is a speculative share, it's a gamble. IF, IF they hit gold, it will fly. IF....

I've sold half my shares, that way I can win both ways, if the price plummets due to a no deal brexit or some other announcement I can buy back. If it rises great i'm still in the money.

So no retirement yet??? Seems like munchlet was getting a bit carried away with things....

Am i right in saying this share price is worth 10% of the pre takeover share?

For old times sake and the idiots we have had to put up with.... I reckon it's be 10.5p by the end of the week....

DYOR about DYOR about all the DYOR people who like to put DYOR at the end of every DYOR comment. I think you will find they are idiots.

The best way to view the bank shares is as a long term investment rather than a short term money spinner. Whilst we are not yet receiving the dividends, we will get them. They are not lost. The banks will come out of this in much better shape than the SP suggests. So buy at these low prices and wait a year. You'll be glad you did.

Yipee, just broken through 27p....

If we look at where we are, inflated pandemic, doomed brexit, then sure the LLOY SP will take a hit. BUT for it to reach 15p it would mean the world has pretty much ended. AND unless aliens land and have decided we make a nice lunch or worthy slaves, then based on pure probabilities the SP won't drop much below current levels. So to say 15p, is just nuts and as daft as saying Boris Johnson might join the communist party. Yes he might but in reality....

Seriously saying 15p for lloyds really does make you sound like an imbecile.

I agree, the LLOY SP is way under. Even if you look at the base value of the groups assets its worth 60p, never mind the brands or anything else. It also has the best liquidity of any of the banks. They have 12 Billion in reserve. Tell you what, when they are allowed to pay dividends again, we should be in for a good pay day.

The current share price in Lloyds is really under where it should be. Back in 2008 when it had to be bailed out it was at this level. Since then it's financial position is many times stronger, also these covid business loans are guaranteed by the Government, so no loss there. Most other significant loans are also guaranteed by a third party or assets, so no real loss would be had there. All in all if people really thought about it, The bank is not in such a perilous position as the current share price suggests. The real reason for the depressed price is perception. And that perception is based on fluid factors that in many cases is wrong and will not materialise.

Unfortunately, I’ve spent up on Lloyds, my average price is 31p and I have total faith in the not too distant future people will be kicking themselves for not buying at theses really low levels. My advice, buy now and shut your eyes for a few months. When you open them you’ll be much richer.

What news?

See today's RNS, clients are cancelling their contracts. It looks like a client is paying £150k per year. This seems ridiculously expensive, looking at the market other leading solution are available at less than 10% of those costs. I really can not see how this company can turn things around without changing their pricing model.

PLC's are a vehicle to get crowd funding. The funders are the shareholders. Mark Greenwood could easily get his money back many times over if they can sell a target mine has having mass potential and asking everyone to help fund the exploration. If the exploration finds nothing they can ask for more money. Whilst the shareholders are funding this, The board would be receiving a handsome salary. If they strike gold everyone wins big time. If they don't you lose, everything. Investors in RLD have been here before with the previous mine. I think this will be much of the same, lots of hype. Lots of cash injections, miserable outcome. But that's the gamble. It could go the other way. BUT ask yourself this. With gold at such a high market value at the moment. If there was a real likelihood of find a good seam of the yellow metal, don't you think someone would already be looking or people with much deeper pockets would be in the running to buy it.... From the way this has gone and the lack of shareholder information that has come out over the past few months, I really don't have much faith in this team. I actually wouldn't be shocked if someone was placed to hype this up and get everyone worked up about the RTO. Time will tell.

In a nutshell RLD are negotiating a purchase to get the mining rights to a gold mine. Once and if this has been done the share will unfreeze and the company will more than likely perform a rights issue, to raise more money to fund the exploration. So the gold mine is RLD getting the shareholders to give them more money in the hope they might hit it lucky and find the yellow metal. If not it's the same story as "Capricorn Sapphire".

Forget MMs crying in their beer, I had a stop loss set up to sell at .20, and it triggered today. really annoying,

Interestingly this morning based on the chatter i thought i would gamble £1k on this. So via Lloyds Halifax share dealing service purchased £1k including fees. This is my purchase
26-Jun-20 10:52:27 0.2499 396,959 Sell* 0.24 0.26 992.00
it wasn't a sell it was a buy.

Like i said yesterday when i sold up, as soon as i'm out it will fly. I should charge companies a fee for me to not buy their stock. Anyway is this buying spree speculation or people in the know who have been given the nod?