Member Info for Morpheus8

I’m surprised you have shown your face after your disgusting behaviour last week. Then you come back with even more of your nonsense. You have been wrong here for many many years. Never once getting it right, yet always thinking you knew it all. I thought even you would have the decency to crawl back under your rock, best you just leave this chat site.

Where did the posts go. Doggo trying to cover his disgusting threats. An absolute disgrace of a man.

Sentiment has to be the biggest factor contributing to its terrible performance. It is very rare that you get a chance to buy a portfolio of shares at such a huge discount. It's heading toward a share price of 1/4 of its NAV. After years of disastrous investment choices and similar management performance it's hard to see how this can be turned around. There are a couple of decent holdings and a soon to be cash sum available to invest, Ed could quite possibly turn this around and increase the NAV to a point that more investors would be encouraged to buy. At the moment investors still selling at this level for a loss have to be the impatient, those in need, or maybe just a better investment has appeared for them. Until Ed can show he can make some wise decisions unlike the previous BOD, then this will languish for a long time yet, barely getting into the range of its NAV. Now Ed has bought in with a reasonable sized investment, things could start to turn around, as he disposes of the legacy investments and invests in his own choices ( and his own interests ), add a bit of PR and anyone buying at such a huge discounted level at this price now will have an investment with very limited downside (almost none if you don't need your money in the short term) with the potential of multiplying your investment many times ( over 3x just to reach NAV ) IMO an excellent risk / reward. Ed just needs to push on and make up for its disastrous past.

Well that was its last day of trading on Aim. There was plenty of notice given so whoever wanted in or out had their chance to decide. A couple of years down the line and it could be sold privately or maybe even end up listed once again. As long as you have the patience, being unlisted doesn’t change it a great deal. At this valuation or £1m it’s relatively cheap looking at the current revenues and contracts.

The market cap of £1m does seem incredibly cheap. Although the unlisted shares will be not as liquid as being listed on Aim they could still be a decent investment relative to their earnings /
prospects etc. Do any LTH’s intend to keep or add to their holdings ?

I’ve never agreed with these subscription services. I’ve had a closer look and the returns are not that good when you weed through the figures. Still showing a profit for their portfolio, not bad in this climate, though not enough to tempt me to subscribe.

HotStockRockets. It’s a paid subscription service, which is something I’ve never really agreed with. I saw it listed as a sell on another site and had a look as I’m invested in Seed. They do look as though they have a good record for results, maybe a subscriber might be able to give more information on this.

I think a fair amount of the selling these last few weeks could have been down to a share tipster who has been quite successful in the past, giving Seed a sell rating. They had it down as a buy rating several months previously, then they sold their holding in Seed at a huge loss and recommended those that were still holding to do the same. Not subscribed to the tipster but it’s tips have done quite well in the past.

The first payment for Leap should arrive in the next couple of months. Prices are all at rock bottom for listed and unlisted equities, giving it a good starting point for the less than favourable return from Leap. There are certain conditions to receiving the second payment, quite common in these type of deals. I would like to think the conditions would work both ways ie. If Leap continues to gain traction and gains many more deals or branches out into other profitable areas, that Seed would be compensated with an increased valuation. This doesn’t appear to be the case here. The buyer seems to have this deal in a win / win situation. If after 12 months they have increased Leap’s profits, or other possible yardsticks then they will pay the agreed £5m and will have an absolute bargain, if not they maybe get it even cheaper! The buyer with the upper hand knowing Seed were very short on funds. Looks like a very poor deal that has been agreed for Leap, though having money while the markets are down could provide a boost later down the line after buying at lows.