Member Info for MrBrian28

Yes, me too. That 260,000 sell this morning was mine.
GLA

ACTrader I’ve not had a response to anything sent to info@Blu star email. The out of office I did get came from alex.bowker@growthworks.ca, so maybe you’ll have more luck with that

PS - If you can't buy on HL I wonder if it will be possible to sell?

I emailed BLU on 14th July to ask if they had any idea when SatoshiPay might be revalued. I got an out of office reply from Alex Bowker, but nothing since that.
I emailed again last week - but no reply as yet. I'm rapidly losing confidence in this company.

And he’s started selling in the same pattern!

Thanks for sharing that, it's a positive article. Final paragraph from the pdf:

"Taking all the risk factors into account, and applying a small-cap liquidity discount, a fair
valuation of 70p a share is a reasonable 12-month target to value the equity at £131mn. If the
target price is achieved, Totally would be valued on enterprise valuation to Ebitda multiples of
13.7 (2022/3) and 10.5 (2023/24), and forward cash-adjusted PE ratios of 20.3 (2022/23) and
14. There is scope for earnings upgrades if the cash pile is used sensibly, too.
From a technical perspective, a close above April’s intraday high of 49.2p would be a major bull
chart signal to open up the possibility of a share price rally to the autumn 2017 high around
60p. Beyond that the January 2016 high of 83p is the next technical target. The catalyst for a
chart break-out above the April 2022 high could be the forthcoming trading update at the
annual meeting on 5 September 2022. Given the fundamentals supporting demand for Totally’s
services, the news is likely to be very positive and well received by the market. Buy."

Great stuff, ta

Very interesting, thanks for sharing.
Where's it from & do you have a link?

. . . . . And it's also important to be aware of 'the sunk cost fallacy':

"There's a natural human tendency to want to overreach, put in more money than you can afford, and go for a huge payout. This trait tends to become magnified in the face of losses. This is referred to as the "sunk cost fallacy"—the belief that you've invested too much to walk away. Rather than selling in the face of losses, someone might hold on to a stock that's underperforming or, worse, buy more."

https://www.thebalance.com/the-most-important-rule-of-investing-357325

The standard warning with investing is "The past performance of any investment is not necessarily a guide to future performance"
The 103% rise is in the past - more crucial are the next few weeks.
From the May RNS:
“The complexity of the task makes predicting the timeframe for publishing new results and operational updates difficult. We have over 20 world-class experts working in our R&D team to achieve these results. We will endeavour to communicate more frequently with our shareholders. We strongly believe that our efforts are taking QBT into a new direction of Bitcoin mining and ask for shareholders’ patience until these efforts are rewarded by success.”

FG has not communicated since then, so we all wait for the RNS of boom or bust!

I wonder if people have sold BLU to buy GILD?

The City Spy has tweeted this about the Barclay's report:
"Talking to a Senior Analyst from a respected investment bank. They politely summarised today's #Barclays note on #THG #TheHutGroup as "Highly Curious".

If you click the ‘THG short positions’ icon above, then click Marshall Wace you can see all their short positions. They are 0.69% short in THG, reduced by .10% on 14th July - let’s hope all the shorters get burned very soon ….

I looked at it as an unexpected chance to pick up a few more at 44p - they can't stay at this price for much longer...

I hadn't heard about possible bids but it doesn't surprise me. The Spire Healthcare & the Smith & Nephew boards often discuss bids and the sector is very attractive to US companies given the current exchange rates. I hope bids don't come here - this is a little gem!

Yes Suthy, vague statements are typical from FG: just like "live experimental mining". Hope he gives a lot more clarity in the next RNS
GLA

@icouldntcomment. Yes, that's my concern - what would prevent MM offering to take private at less than £1 a share?

There's a thread yesterday at 13.19 where someone asked the question and received a reply from IR:
"An email I received this morning from PR
—————
‘’Once the transaction has been agreed an RNS will be released.

The company is aware of the date.

Kind regards
Christian’’

I take that to indicate the shares haven't been repurchased yet

Posted by Saintsmith on the Novacyt board - some of these definitely apply to THG

https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired

Agree it's the likely outcome. That AGM non-event tells me that there is no interest in keeping it public. I've topped up and am relaxed about any outcome