Member Info for MutleyDoSomething

Have any of you read this? I read something similar recently, but this goes into a lot more detail. It would be interesting to hear your thoughts.

https://theoregongroup.substack.com/p/why-gold-will-surpass-30000-in-the-5e7

I would rather this share be under the fly by night private investors radar. Getting too many on board can cause too much volatility in the share price. Also I would rather the company got on with business than releasing RNS’s too often, although in YU’s case I believe 3 monthly trading updates would help build confidence with investors. I believe they are still affected by bad reputation caused by the previous CFO. If they continue with their performance of the last couple of years, full confidence will return. I see that a move to the Main Market is a must, for this they have to show more accounting control which again builds confidence. One might suspect they have something to hide if they do not make this move. As with any business I would rather see them pay down debt than carry out share buybacks, it puts the company on a stronger footing and survive any tougher times ahead. We as investors should benefit from an increased share price and larger dividends when prudent to do so.

Now £18.20 to sell. Ripe for a takeover?

Everything I am invested in is going up!

AT. Result are due in May. It looks like the SP has started its rise towards results day. In November they announced are ahead of expectations. YU. and AT. are my best investments ever.

I am not familiar with POG, what is that?

1802 to sell.

If the past few day are anything to go by it will be above £18 by the end of the day.

What a fantastic few days! It’s nice when you have to keep amending stop losses upwards.

As well as YU. and AT. Gold seems to be rising nicely lately. It’s been hovering just below £1700 per ounce for a while. It broke through £1700 last night. I chose the right moment to put another £10K into SGLP.

I was split between putting it into YU. and Gold. I already have too many eggs in YU. So I chose Gold.

I was holding my breath this morning when the price was rising for it to just fizzle out. As we are half a year away from H1 results we really need some positive RNS’s to set this alight again.

YU. Was my most profitable share, but that crown has been taken by AT. +54% in approximately 5 months I have held them. I averaged up so could have been more if I had bought more initially.

These are followed by Amazon, Nvidia and YU at around 30% each.

Looking at the current 12 month chart the share price didn’t pick up until June 2023 after the 30th May trading update. I guess we can expect the same to happen this year.

They gave a statement in November about the acquisition of ACE Winches and a generalisation saying H2 will be ahead of expectations. What they have not done is release what the unaudited full year results are. This they did last year by January 16th. Why no results yet?

What does it say?

The trading update should have been released by now, why the delay?

Tempted to buy more, but I am already top heavy in this share. The potential is huge but what are the risks? I have been burned on AIM in the past. I guess that’s why I was hopeful of a trading update this week.

The Interim Results in 2022 followed a trading update only 2 weeks afterwards. They could do similar. A trading update show even more progress than the interim results might show.

It’s there in black and white 13th September 2022. Care to look again?

No, just going on the date from last year.

Fingers crossed for a very positive trading update tomorrow.