Member Info for Nige_W

Hi Bamps
The results looked good to me so surprised Sp down. Maybe buy on rumour sell on the news. Obviously more gold discovered, if 1000 ozs before, now 1500 ozs Sp should increase 50%. Maybe that's too simplistic.
With possible recession on the way think it is a good idea to get out of banks.
BoL

PS
Man or Mouse. Having a minor party in my locked down house. Ggp was 66% of my Port with 136% profit. My brother will probably tell me to sell the lot again and take profits, like yesterday. Could well be some profit taking soon, cos investors here are momentum players.
Easy, just note the high, watch for the low and buy more.
I would like to get to Tom's situation to decrease cost to nil by selling in value the same as total cost. Doesn't work like that on SS's using Lifo, but if cost was £10k and I sold £10k, remaining shares cost is nil.
Using that method I need to sell all but 36% of shares. Hopefully that situation will improve later, but don't know what I would invest in, so probably won't do anything and have a good long sleep in.
Plan at the moment is do nothing until next year but BoJo just announced economy could be back on track by 2023! Only place to be is gold!

Hi enteleon
If CFQD's added on to end of rods no doubt they are produced before being stuck on. To me this implies they are still using nano's seeding process, so shouldn't matter if QLED, QNED or anything else. All getting too Hi Tech for me.
Anyway, looking good for ggp tomorrow, 136% up there as opposed to loss of 37% on nano (av price 27.8). Profit on ggp more than double loss on nano, so very happy.
BoL

Hi OWLS
Ncm drilling report out now - everyone on ggp board seem very happy, talk of Sp 25.
Glanced at report but doesn't mean much to me. Confirmed bigger than they thought, just have to wait and see what happens tomorrow.
BoL

Hi Tom
Just had a look for Harry, by going to thread view. From Ben but still don't know who Harry is, and took ages to get back to normal view.
Just has to remain a mystery.
BoL

Hi Ddubya
Think you are probably right (long haul). I would just like it to be settled asap to free up resources - very happy with 181 (still a 10 bagger).
Bol

Hi Nano
This is a US Court, very different from S Korea Court. Fast tracked cos Samsung has to submit their defence before 1st Sep, who do they appeal to? and non payment will be regarded as contempt. Then ban on Sales probable.
Samsung knows all this so will try to settle.
Question is will ME hold out for justice £5Bn or let it got to Court, or settle for £500m/£1Bn cos more than enough.
BoL

Hi Dubya
Still don't think it will get to court - just too risky for Samsung.
This means it all depends on what ME will settle for. I think £500m is more than enough for nano to survive very successfully which is Sp 181. Sure ME could get £1Bn, Sp 345 very nice, while £3Bn, Sp 1000.
If it goes to court damages will be far more than this. Precedents and Protocols will not stop the Court throwing the book at Samsun cos US fed up with companies stealing their IP.
As far as I know nano seeding process for making CFQD's, is unique, and it doesn't matter if it is on film, wafer cornet or whatever, so shouldn't matter if QLED, QNED...
BoL

Hi Owls
Welcome to the wonderful world of Aims. Like you I avoided them for ages, but decided desperate situations require desperate actions. I couldn't see my HB's making any money until next year and saw Bamps and Tom making a fortune on ggp, so eventually joined them. Now ggp 64% port, nano 33%, HB's 7%, Cash -4%.
4% borrowed off HSBC (max 50% of Trade Port) at a very low interest rate, and all automatic - no questions asked. Not an issue, I made more out of ggp today than that 4%.
Only 117% up on ggp and I imagine you are a lot more than 120% up now since recent increase.
Definitely more fun, but would be happy to be able to return to slow, steady, boring times before all the disasters. Think I will still have a flutter on Aims though.
BoL

Hi Maninpimk
Sold some shares yesterday in ISA to buy nano and ggp. Checked today and it had cleared so bought nano and ggp.
Ggp flying now cos of price of gold and NCM drilling results due on Thurs. Very fortunate to get in at 12.345, now 13.7. My policy is to hold £2 value in ggp for every £1 in nano cos nano much riskier.
I think ggp will fly for next few months until ncm buy them out or at least Aus Ops, so a good hedge for nano.
BoL

Hi TMT
Psn MrktCap 8093, Bdev 5441 ie Psn far bigger. Bdev reported Net cash, Psn cash, (Comparable ?) but agree bdev decrease > Psn. Bwy might have net debt but obviously have Cash in the Bank, or simply taking numbers from results does not mean you can simply compare them. Basically I think none of the big 5 going out of business. I used to get all these numbers from Company Refs. The important one is Gearing (not in results).
Still think Psn Per too high even if more secure.
BoL

Ps
Incidentally both my Buys today went thru as Sells even though I set a limit price. Really not worth watching the Trades.
BoL

Hi Bamps
$1000 per tv profit for Samsung from Michael Edelman (nano CEO) resulting in 14m * 1000 = $14 Bn. These were originally the top of their range. Now something in the order of 26m Tv's produced + wilful = * 3, + RoW = * 2 = $156 Bn.
Not even an East Texas Court will set damages that high ($78 Bn), but whatever the amount it will be far cheaper for Samsung to settle out of Court.
Also having trouble with my Samsung Tv, but entirely my own fault - never got round to ordering new (free) Tivo box, so down to 3 channels.
Money in Isa so topped up ggp and nano today - ggp av now 6.3.
BoL

Hi TMT
It doesn't matter how the current mess affects PER, almost impossible to calc what they should be at the moment. The point is psn over 33% more than bwy, which I don't think is justifiable.
I agree cash is very important in hard times as proven by (comparative) excellent performance of psn and bwy during the banking crisis. Now they all have plenty of cash, so not as important as it was. Perhaps net gearing a better measure (current liabilities - current assets). Think you will find bdev has most cash now.
Think tw has the biggest land bank (particularly after rights issue) and agree that is another advantage.
End of day I don't think psn Per should be around 33% higher than the rest.
BoL

Hi Skeletor
Forgot to say, Best of luck with your interviews and hope you get a proper job soon.

Latest Post on nano board from BtB:
"From the other board:
www.pressreader.com/uk/the-mail-on-sunday/20200719/283832920803133
I think $200m-$1bn is very conservative, but I won't keep harping on about this!
This is a very good time to be a Nanoco holder, we could see a big uptick in the share price once this gets around.
My sell order for my large holding of over 300k is set for £1, but wait 2 years and the share price could be double that.
We shall see! :)"

Either an out of Court settlement will be made before 1st Sep or the case goes to Court. Out of Court as I said I expect £500m to £1Bn damages + Contract. My numbers before were based simply on increased value of nano due to increased cash, ignoring value of the contract.
If it goes to Court I expect damages to be many times that. Ceo of nano is claiming $14Bn damages (based on 14m Samsung Tv's sold with profit of $1000 each, but more like 26M Tv's sold now, so I don't think Samsung can let this go to Court.
Settle for £1Bn cos far cheaper than the carefully picked US Court (East Texas) who will Hammer Samsung. Not even a long Court case cos East Texas insists the accused submit their defense before the case is heard, so judged on their submission - if they don't they are in contempt and automatically found guilty of willful infringement (3 * damages) + Costs.
Samsung don't make Cadmium free Nano Dots, one of their suppliers does, but that is no different from receiving stolen goods, particularly when Samsung provided the Tech to the manufacturer!

Think when all this is sorted, I can probably retire again (unemployable anyway - think it was BtB who first said that).
Have a look at Nano Board.

VBoL

Hi Bamps
First invested in ggp 06/08/19 at 1.8. After many top ups av now 6.0 before last top up Tue or Wed. Certainly saved my Port, now almost back to Pre Covid high.
Thanks again and I will have a look at Jubilee Metals and the others you mentioned.
BoL

Hi Skeletor
Some accident with sng!
Like to think I have the same sort of accident with nano as a recovery stock. Due to Sp plummeting from 36 to 9.46 18/06/19, I never had a chance to bail out, so am holding far more than I ever intended to, but IP case against Samsung looking solid and damages could be massive (£500m to £1Bn). Cur Sp 17.6 and I calc £500m Sp 182, £1Bn, Sp 345.
Dyor etc, recovery stocks Very Risky, but possibly one helluva return.
BoL

Congrats Skeletor
Not in any covid stocks now - just sold out of my last one ncyt.
Don't know why I rejected sng and odx but never held either of them.
Big day for ggp is Thursday (drilling results).
BoL

Hi Bamps
I have heard the Germans add sugar to the wine (cos not enough sugar in the grape), and this is why you can always rely on German wines to have about the same sweetness. They have been criticised for this but imagine Champagne the same (cos so close).
Topped up ggp and nano today, need to wait til Wed for cash to clear before topping up in Isa.
BoL

Hi Paddy and Matty
If ggp were to pay a divi it decreases their profits and so their ability to increase earnings, so I think it is counter-productive, or if a 10% divi decreases growth by 10%, you are losing out.
This year 10% divi, 30% growth decreased to 20%.
Next year 10% divi, growth based on 120% not 130%.
So I don't want a Divi. I can always cash in a few shares for a new car or whatever. Obviously an over simplification, but ggp hardly ever seems to process the gold they discover but maybe building up towards that.
I don't believe their success is due to luck and think they could use the money saved better than giving some to us. NCM interesting from this point of view - gold production decreasing so need more resources, but already had a rights issue to buy companies / resources, so could be reluctant to buy ggp Aus assets, but that is in their backyard with the processing facilities there, so I think they will buy , obviously depending on price which should be a big boost for ggp Sp.
BoL