Member Info for mrcautious

The capital intensity strategy of the sniveler that used to run this co has really come home to roost. Was he so dumb that he thought bank rates would be sub-subterranean forever ! We do breed some terrible businessmen in the UK !

Huge number of settled trades well after hours - looks good for the morning...

EV - I do a 200+ mile journey about every 3 weeks so not a flash in the pan ! Next time you are in the motorway services have a look at the price of EV electricity -- not a pretty story and not far off buying a tank of petrol. If the furthest I normally went was say Bristol then an EV may have suited me but for now I regularly go to W London, SW Birmingham and SW wales so some heavy mileages in a day, and an EV may make the day just too long.....

Oh and I forgot to say that towing anything other than a tea bag with an EV really puts most of them into tilt mode. My advice is think carefully before buying an EV 'bargain' and believing the stated range !

@EV Bull - Actually looking at my own car which now has 23K miles on it and comparing it to exact replacements in age, I was amazed to see that my car has depreciated only about £7k as I bought well and bought nearly new ! Whilst you are technically correct that the journey is do-able on the charging of EV's, but why would I want to hang around for an extra couple of hours buying vastly expensive coffee and food ! EV's have become cheaper because the insurance on them has sky-rocketed if you havent noticed. Cars and car dealing are something I am quite knowledgeable about and on this occasion a cigar really is a cigar - to para-phrase Sigmund Freud. I may yet get an EV but as yet in my opinion they are not good enough and very expensive if you want a nice one.

I just want my old ROSE shares to rise to the point where they would buy a pub-meal !

Totally my view also. I spent £48K on a car 2 years ago and did look at EV's. But I have done several journeys that whilst possible in an EV would have been hours longer, eg Devon to Gatwick & back and Devon to Heathrow & back. What the EV people dont tell you is they state range, but its in ideal conditions and NOT at usual UK motorway speeds. But I do think that in a couple of years present EV's will look obsolete. My view is 'never be an early adopter of tech'.

Never get into AIM shares this deep !! They are designer dog-dirt for the most part and should only be a 'fun' part of a portfolio !

This is why II's (apart from the dodgy ones) dont invest in these types of shares and the cash has to come from Joe Bloggs SIPP. There are no real accounts to look at whats really going on is a closely guarded secret right up to their regulatory obligations and it usually jam tomorrow or jam in the next decade !

I have tried to average down on this for years and are still well underwater - but hey whats good enough for Nick Leeson is good enough for me ! This share has thorns all over it....

Used to hold this about 5 years ago and sold at a small loss. The performance since is a bit alpine really isnt it. The £2.4m tiny MCAP may make it ripe for a buy out I think...

Uncleal - The flaw in your plan was assuming Morzaria and his crew are actually intelligent and experienced businesspeople I think ! Other than that I see your logic...

Yeah 2024 could be good or 2025 or 2026 -- you get the gist !

If your de-ramping theory were true, wouldnt there be a gentle up-tick of people starting to load up ? Im no de-ramper I'm just struggling to see the former quality in this share now. De-rampers are the new names that start to post suddenly usually in a crew of 2 or 3 all agreeing with one another !

I have to admit although I am not inoculated with the BS vaccine like JIMB, I do think the Chinese are smart and their government will talk some sense into the Mexican govt !

So when do we get rich then boys ?

I sold a block of my holding a couple of weeks ago to cries of 'mad to sell this near to DFS' But the main market share I bought is 15% up and this has gone down another couple of percent. Lets remember I have been in this many years and remember 85p+ but its on the road to nowhere it seems ?

Seckers thinking (if true) could be why he did the low ball cut and run deal he did do...

No wonder people are worried about AI !

This has just been traded to feck. 10+ years in this share I have seen this to many times to mention, in fact its amazing after all this time the traders havent moved on !