Member Info for mishmos

Ludicrous faith placed in this share over the past 20 months where valuations simply don't add up. Sure this is suffering from this current upheaval but strip out covid affect and this seems to be getting to fair value.
If normality ever returns I wonder what the smt holdings will really look like.

I wonder if any directors are buying to take advantage of this dip.

It's the fund managers. It's Read. It's the market oversold (yeah, right). It's because I bought too many at a higher price. It's because it is Friday. It's because it should have been priced in. It's because i have allegedly made money before. It's all the regurgitation of some technical b/s. It's because of the algorithms.It's because it must have reached the bottom. It's because next week will see me get my buy in at 190 back. Blah,blah,blah..............
It might be because you are greedy and easily led mugs.
Whatever it is it won't be affected by anything on here and that's a fact. The Lloyd's mindless nonsense is beginning to look quite reasoned in comparison.

Ok. See where you are basing your optimism.
I always wonder that despite huge potential on the assumption that certain events and patterns do actually materialise then what pricing will that be at even at the most optimistic uptake.
No one in India or further East will stump up £300-£600.

So it isn't still loss making despite 45% increase in business old chap.
I guess that the same old story applies to those that want to take from the rns and reports what they do.

Am I missing something or is yourgene lost making despite an increase in business by 45%.
I read about India and Asia generally as a huge market for the tests, but at what return. The average Indian couldn’t afford to get the brochures never mind the test unless priced very, very differently to Europe and US and Asia so called middle classes really earn what part-time minimum wage UK workers earn.
Why isn’t this just another jam tomorrow huge potential but never realised returns firm.

Have to agree about the unimpressive holdings. My concern all along has been the cult of smith on the back of his fundsmith performance which is yet to be tested in a declining market. If all of this talk about curve yields does actually come to anything then we should see the results within 2 years apparently. Maybe this is one i may not actually buy into now.

If the NAV is ignored and possible shenanigans of those who can help drive the share price wouldn't a more than moderate decline below IPO suggest that the Woodford factor (cult of personality rather than realistic holders) is in play. I read many posts across numerous forums when Woodford launched and far too many treated Woodford's trust as a dead certainty rather than a brand new venture with all the attached risk and many then turned on him when the share price didn't behave as his funds did in the good old days.
I suppose also there is a part of me that thinks that if a buy and hold approach is adopted rather than active management then surely it is akin to a tracker with a basket of shares but maybe should have lower charges.
I appreciate the "buy and hold" of Smith is very different to the Woodford trust.
Still not too long to wait to discover the holdings and I am looking for a possible buy in point when the share price settles.It will be interesting to see the share price in 3 years.

Not sure it is unique, but certainly given the complexity (unnecessarily so) of doing business and holding back the tide of law suits it should not be short of customers.
My concern is buy in point as I am guessing that between company declarations there is little in the way of news to move this share upwards and it might drift further south.
I made the mistake of not holding (but dipping in and out) Burford Capital at around 220 not realising the appetite for suing coprorations was such huge and profitable business.
Still, I'll see if this goes to 350/340 before buying in as although I avoid shares with this wide a spread normally I think you are right,but becuase it is one to buy and hold for a number of years.

I'm inclined to agree about the profit taking as it is very tempting if you got the £10 ipo price.
I bailed on woodford with around 20% profit and wish I could have gotten more at ipo,but I never believed woodford would hold above ipo price as felt most bought in on his reputation rather than the gamble that appears to be most of his investments,which is a shame.
I am sure it is a safe bet that most investors bought in due to his fundsmith success and I'll also bet that many will feel disappointed if they start making comparisons over the next 2/3 years as the investment environment seems to be less upward and more sideways currently,but of course no investments have been disclosed as yet only hints in the factsheet.
Personally, I want to buy in and hope it does provide stable returns.

Any thoughts given the current spread on this share. I was considering buying some for my SIPP and the current sp and initial trading figures all seem decent with no apparent huge overheads for the business. Bit like Burford Capital which has rocketed on the back of funding law suits rather than legal services.
How much exposure will Keystone have across the multitude of sectors its provides legal services to in a downturn though.
I regretted not holding in my SIPP Burford but rather trading it in 2017 mostly.

I wonder if now that it is finding its true value or what the investors are willing to consider its value there will be more profit takers in case it heads too far south.
I guess that if there are similarities between woodford and this share it will show within the next 3-6 months.
Like woodford, I'm going to say that it will take a drop below ipo price to find out who is really looking at this over 5 years or maybe longer.
Interesting to see where the money is going especially after the fact sheet hints.

Hi jackdawsson, i hadn't realised that i would provoke such a reaction from "danielh" the keyboard warrior.LoL.
I have been a bit naughty really as I have tried to use a few recent posts about my time in the forces to help pokerchips and danileh find a backbone and give me the benefit of their bravery to my face. Well, they say a coward dies a thousand deaths or in their cases keyboard strokes.
Sadly, the internet has bred and encouraged cowards and they always have an excuse as to why they must remain hidden aside from the obvious real one which is fear.
Still, my time is probably up on the vod forum as I'm not much for long term pointless posts with gutless posters with too many excuses,but will miss the more mature and reasoned posters.
Still staying out of vod for now though.
Good luck with the ETF's and vod.

TomE, look, thanks, but i wasn't seeking sympathy it was an innocent remark to jackdawsson as he was away from t=his desk and i was off to hospital with my trouble and strife.
Good luck to you as (sorry danielh i didn''t ask your permission first before posting) it is difficult but sounds very positive for you.
Still, i do take the danileh's point, rude and cowardly as it was.

danielh, I hadn't realised that you had felt so threatened by my post to jackdawsson. Actually i wasn't seeking nor expecting any sympathy and of course you could ignore me. As for hero, far from it. Your interpretation not mine.
But I'll make my point again about the fact that you,assuming you are one poster, will run off at the mouth as a brave keyboard warrior yet wouldn't do it face to face. We do both know that. Maybe knowing you are a coward is part of your problem.
You're here to hide behind anonymity and run your mouth as a keyboard hero. My point to jackdawsson was that real men don't hide and don't threaten people. Still, if you ever read my post properly you might get the point.
As for posts all about the subject. Well, you might be the only one then, but you aren't are you.
In truth, it doesn't seem to be working out on this forum as I keep leaving the door open for you brave souls to run your mouths to my face but as yet there is always an excuse. The bane of the internet i guess; cowards.
Be frank if you knew anymore than you did last week you would be in your villa in the South of France and not on here.
I've met plenty of palm pilots in my time and you are just another one.

Hi jackdawsson, sorry, might have inadvertently misled as we trained amongst others the paras to jump out of C-130's or "fat alberts " as some called them.back then. I was an instructor and the fitness for us "young guns" was off the scale. Hard pressed to jump off the ladder now.LoL! Getting the fellas qualified so they could get their "wings". Good days. Very different today.
A friend of mine was advised to put his pension into a Vanguard ETF and he did remarkably well,but this was some years back,but he was delighted with the performance.
I have to take my wife for more radiotherapy this afternoon and am glad that I have not made any recent entries and have to use my phone to keep monitoring.
I'm sure like others who keep dummy portfolios, I'll look at Vanguard and keep my powder dry until early 2019 at least.
Well, I hope you have more success again as I know that many seem to be waiting for the big push here but it is always good to see someone make money as it is a healthy boost for others including myself.

jackdawsson, I've probably done the tit for tat to death now and as for those threatening violence they are as bad as the keyboard warriors who snipe from obscurity. As I said I have no problem with anyone being pompous and rude but do it as a man as if down the pub. In my experience those who threaten rarely do anything.
I was stationed at the No1 parachute school and we trained all of the services. Discipline was never a problem during training hours,but the same reason that most of the men coming through were ideal for combat was also the same reason a very few went wild in the NAAFI of an evening and were returned to unit. Essentially we failed them for reasons of discipline. The ones who couldn't control themselves weren't the ones to worry about they were obvious. It was the focused ones who you knew were ideal for the job in real life scenarios.
Yes, far worse sites than this one and the downbeat tone may well lift with the sp rise.
To be honest not sure what I'm getting out of this except seemed some decent types here and even though I am all in cash currently I would lie if i said I wasn't tempted if it holds up.
Well, it is good that some are making money currently.
I've had some success on AIM with Burford Capital. Boohoo has become too erratic but was good to me last year. I nearly fell for the Quiz hype though on the back of Boohoo's returns.
My fear with vod is that if i buy in approaching the divi and assume it does indeed keep a steady rise how much will it drop back ex-divi and then how long before I can get my capital out without giving up the divi to do so. As I type it appears the gains are reversing and I know it is only just past the official open,but if I'm concerned as someone just looking what are those who are in deep thinking. Still it did rise yesterday and it isn't even 08:30 yet.
Well, I hope you get gains on 350. Never tried EFT's. The ones I had looked at previously seemed at too high a buy in point. Any guidance?

Pokerchips, I don't know you but do know your attitude. If I did know you we know that your tone would be different. Like I said, I made my point,but assume that anytime you wish to prove me wrong just let me know. As for easing up with it all, sure lead the way.

pokerchips, have I touched a nerve? I was making a point and it was directed at you but it took you long enough to decide to see if there was enough support I guess.
I never mentioned a tsunami just pompous and rude and you appeared eventually. LIke I said you'd never dare speak in person like that and we both know it.

jackdawsson, well in all honesty i did call the fella out for regurgitating articles as well as making out that he was some investment guru aside from the id thing. LoL! I came unstuck because I made a challenge that the people running the show were also posters who also contributed articles. A few others sort of cottoned on to the scam but would not be as critical. The fact it mace no difference to my shares as I was equally as bad without the forum sort of says it all.LoL.
I also have form at the FT. Challenging a staffer who was posting comments as a civilian in support of a now former journalist in the run up to the sale of the FT to the Japanese. The whole tone of the paper changed with an obvious tilt for journalists making a play to keep their jobs. The cheek of it was that on R4 a few years later they were interviewed and admitted as much!!!
My wife said I think i am the equaliser but she said more like the liquidiser!
Yes, the scaremongering or attempts are mostly I assume water off a ducks back for most except i guess when you feel vulnerable which no one should take any pleasure in.
However it is far from a bear pit on here,but the I.P. address check would be great unless maybe vpn can obscure it.
I did use my full name on the few sites until i realised i was virtually the only one.
Well, the sp certainly is looking much better.