Member Info for MattyBoy1965

Just waiting for some good news on my GGP holding within the next few weeks (re possible Newmont Deal) then planning to plough back the profits into FUM (to massively reduce my average SP). Huge potential over the long term (IMO) and looking forward to the envisaged bidding war once MED2002 finally gets to market. GLA

Recently sold 15,000 of my holding at a (large) loss and chucked it all in GGP. The way GGP is going at the moment I stand to make back every historical loss to date across my entire portfolio (just another 1.72p PS to go!) :-) Once achieved I'll be definitely buying back in at these prices to massively lower my average (well that's the plan anyway). Still totally convinced that this will pay out massively, eventually, but AIMO and hey WTFDIK!? GLA :-)

FUM were by far (and still are) my largest holding (and loss!) so let's hope so, although personally I am confident they will come good (really good!) in the end, it's just when? Not my worst though (AFPO anyone!?! :-( Although thankfully not any significant amount was lost there) Only 6 weeks to go (in theory, as Newmont's "first refusal" expires then) so hopefully some transformational news? I'm pinning my hopes on the fact that if reports are correct they are still in EG doing whatever they are doing, if there wasn't anything there they would have been long gone before the 6 months are up? But hey WTFDIK. GL :-)

Thanks captbonio. However I believe that even if Newmont don't want GGP (but if they do it will certainly be "happy days"), it still has good prospects for the future across its six properties. Just feel that results with FUM are still at least a year away (IMO) and that over this time (hopefully) I can recoup some of my losses on FUM quicker before getting back in before "she blows" and hopefully at a far lower average than my current 63.2p. :-( Also invested in URU so if Zorby comes through with the much rumoured possible Dividend, that too will go straight back in here also (especially at these prices). GL to you (and to everyone else invested in any of these shares) ALB :-)

Sold a third of my holding out (at a large loss I might add) to invest elsewhere (GGP - as with news due re Newmont a 2.35p increase in their current SP would recoup all losses incurred to date across the whole of my portfolio). Fully intend to buy back in here though with the profits (so as to greatly reduce my average) then just sit back and wait for the impending bidding war once MED 2002 finally gets to market. All IMO and GLA :-)

:-(

@ h45ky I know how you feel, but perhaps we shouldn't lose sight of why we are all still here. When MED2002 finally gets approved, and near to being launched commercially, this SP should be but a distant memory (albeit a bad one!). AIMO, and GLA :-)

@ Leveraged I bl**dy hope not! I'm averaged at 62.38p and currently nursing a 57.76% (nearly £18K) loss. The last thing I want is to be robbed of any considerable potential long term upside (just as I was with ESSAR Oil by those bar-steward Ruia Brothers!) :-(

Totally agreed diggit1gold. This is my largest holding (over 65% of my portfolio's total value) and I too am here for the long term and the potentially considerable (IMO) future pay day! My main concern at the moment is the risk of being robbed of any such upside in this share (IMO) once MED2002 gets to market, by a low ball T/O bid whilst SP is at this level. I personally haven't waited patiently for nearly 4 years now, only to be relieved of my holding before the tide is about to turn (and with a current average SP of 62.38p, probably at a loss!) (Anyone else remember Essar Energy? Initially floated at over £5 in 2010 only for holders to be forced to sell their shares 4 years later at a 17% "premuim" on the then 60p share price, when the company was taken back into private hands again by the Ruia Family - on the cheap, and robbing investors of any chance to recoup their losses) :-(

@ GCCRa I do hope not, as I need to be north of 62.38p just to break even!! Been invested here since March 2013, and I certainly haven't waited this long only to be robbed (of the huge potential upside (IMO) once MED2002 finally comes to market) by a low ball T/O bid! :-(

Just sent an email to No. 10 also! GLA

Not far behind you h45ky (as FUM is my largest holding) :-( Not giving up hope yet though that MED2002 will be a "company maker" and that a bidding war for a buy-out will follow. GLA

http://www.futuramedical.com/content/investors/videos.asp

I'm averaged at 62.38p now and I'm certainly not letting mine go willingly for anything that isn't substantially more than last Septembers jump to 0.96p! (Ideally waiting for the anticipated "bidding war" to start between Glaxo and Pfizer once MED2002 is proven to have passed all of the necessary trials / tests). (Just hoping we don't get shafted in the meantime by a cheap buyout offer! :-( ) GLA

Couldn't resist a (small) top up just to lower my overall average. (Could be the dumbest thing I've ever done, although hope not, but then only time will tell?) GLA

FCUK!!!!

Hopefully not before my various pension transfers into a SIPP have been completed, and I've managed to top up my current holding (considerably!) LOL. GLA (although I believe we're currently onto a winner so "luck" doesn't really come into it IMO)

Would have been nice, but the market is now closed and it's still at 54p! Heavily invested in FUM myself (my largest holding by far) and have no doubt though that this will come good (very good) over time, but it'll be a while yet IMO. GLA

Video Interview of James Barder discussing a 'critical step' in the development of MED2002. http://www.futuramedical.com/content/investors/videos.asp

Thanks StoneyD. I had already Googled it myself, but I wasn't sure as to how (or if) this would have any impact on the current share price.