Member Info for Nige_W

Hi Oilhead
I've been saying that for ages, and also bdev markedly better value than tw. Been checking out rdw in detail and can't find anything wrong with them, other than old Chief has now gone.
BoL

Hi Owls and Davie
Some admin jobs are necessary, like your wife's job Davie, but if she can do that from home why wasn't she doing that before? Besides the waste of time commuting, the cost saving must be massive.
The vast majority of pointless managerial jobs are found in Govt, Local Authorities and anything they run. Could even get rid of gridlock, if they were allowed to keep on working from home, but much better to get rid of the pointless jobs.
Like more people work for MOD than are employed by RN and RAF.
Boris is already talking about moving Govt services to the Shires, and if those people could also work from home, it will make a huge difference regional demand for housing. Probably bad news for LSE Builders, (which I avoid).
Who knows where this is all going? This is more than a recession, cos we will not return to the previous normal. Still think it is not a disaster for Non LSE Builders, with about 6 months work left to complete.
BoL

Hi JBS
Things are definitely going to change, Offices not needed, High street finally killed off, so turned into housing. The big losers are landlords and local Govt via loss of rates (I think Business rates are far higher than Residential), which could dilute new house sales.
Still not too worried cos will only be temporary (but no idea how long it could last), cos most big builders will just stop building, cos they can afford to now (loads of cash) and wait for the situation to improve.
Don't know when it is best to get back into Builders, but I am sure they will do better than most other sectors. Sp's have increased by about 50% since low, but I am not convinced that improvement will continue.
So when in doubt do Nowt - not very helpful I'm afraid. Civils too risky for me.
BoL

Hi Ben
Why worry - you made a profit, tw will get back to pre CV high of 237, just a matter of time.
Hi Bamps
BofE forecasting mega recession and while I've always said this hardly affects builders, maybe this will. That infers leave builders until recovery next year.
BoL

Hi BtB
I think FSP was just a distraction, only value is it meant nano means business and Samsung will know the affect on them if Chinese get hold of IP. End of FSP cos of CV or IP worthless (it certainly would be if Samsung win the case), so how can you value nano?
I think Samsung Must settle with nano (or buy them) cos it could cost them a fortune (even if they are a big company). Up to 3 * damages claimed for wilful infringement + selling off illegally obtained IP + Rest of World cases, which ME inferred was on the way, and he seemed totally confident nano would win. So many $ Bns.
I think £500m very reasonable for an out of court settlement, which values nano Sp at 185.
Mrkt Cap (29 + settle 500) / shrs Iss 286 * 100.
Better for Samsung to buy nano - No IP issues left and none in the future, leave nano working in UK and sell off the bits they don't want. More expensive (maybe £2 Bn) but a lot less than Court settlements and they would get a fair amount back (by selling IR...), and hopefully nano not destroyed in the process.
Anyway, nano well prepared for battle, they have the specialist lawyers and TPF (third party financiers), so will cost them nothing other than Commission (a % of damages), if it gets that far, whether they go bust or not, and maybe judge would make all costs liable to Samsung.
When notice of action is served, I intend to buy more. 10p now and I guess settlement 185p, unless Samsung buy them.
BoL

Hi Bamps
I will invest in Builders again shortly (still hold base values). Topped up in ggp at 8.6, hopefully that will make a profit so I can go for builders again. In my system I have a special A/c for borrowed money. It must always be in profit else sell the lot.
It would all be a lot easier if settlement for nano and ggp bought out (or just Aus Ops), and I intend to sell out of ncyt fairly soon.
Builders about 50% up on low point, but still a long way to go.
Congrats on cerp, I watched video, only slight -ve was dev dependant on price of oil (> $35 I think).
BoL

Hi Bamps
Tw now almost 50% up on low point and pre CV 237, which they will get back to, as will all the HB's. I am close to rebuilding my float in them (but from borrowed money off HSBC).
Yet again you certainly got Cerp spot on, but I don't touch Oils. Not a good time for them.
I am about to top up in ggp yet again 84% up now even after 10 Top Ups. Borrowed from HSBC again, but as long as borrowed A/c in profit I will keep it going, if not sell all. Idea is get into something with potential, cos builders unpredictable at the moment (even if I think they are on an upward trend now).
Don't know what happened to our pervious conversation, maybe the thought police decided it was illegal, but I expect the system is broke again.
You asked about PBV? I think in minerals it could have a different meaning.
VBol and keep well - you are my hero.

Hi dduya
I always thought your idea on nano was -ve, but you seem to becoming more +ve now, and even mentioned £500m damages with a contract in settlement. Really don't think Samsung can let this go to Court, cos the setup nano has is pretty untouchable (so Samsung will lose) and that would be very expensive for them.
Nano (in my opinion) could hold out for $1bn at least and, according to my calcs that makes a Sp of almost 270. £500 m will do quite nicely = 175 Sp and then remain independent. The settlement from the court will be far more than that based on 3* (cos wilful) and £15 to $1,000 per tv, so I expect a quick settlement.
Samsung not worried about reputation (can't get much worse), but they can't win this so they must cut losses. I hope nano would be quite happy with £500m + contract, and ME will settle on that. Can you imagine how he has been pulling his hair out over this, just hope he doesn't get too vengeful.
BoL

Hi Muffster
Great opportunity with Builders, I have avoided Aims, but doing very nicely out of ggp and ncyt recently, tw was 237 before CV, now 150, no doubt they will get back to 237+, but don't know how long that will take. Low point for tw 03/04/20 Sp 102, so already almost 50% up on that.
Very tempted to use some credit from HSBC to invest in Builders soon and also ggp and ncyt. Think ggp the best bet at the moment cos Sp dipped due to invest on rumour, sell on news, standard momentum traders point of view.
Aims are very risky, ncyt will drop in price as soon as CV over, but I think ggp will be bought out for at least double the price.
Have a look at nano, just sent a message there which explains my view on them. I think a (potentially) great recovery stock. but Dyor.
I don't like exciting times, prefer slow steady builders and intend to get back there when we get over CV.
BoL

Hi ddubya
Think it's in best interests of Samsung and nano for a quick out of court settlement. No doubt both in communication (via Mintz) and damages will have to be huge compared to nano Mrkt Cap (just short of £30m now), I guess minimum of £300m, which should increase Sp by a factor of 10 (less expenses for Mintz and financer).
Don't know anything about company law, but imagine receiving stolen goods (or IP, let alone giving it away to Hansol and or Chinese) will probably be worse for Samsung than simply stealing it.
Simple idea is that if Samsung Tv's use nano CFQD's they are guilty, cos they have no patent (regardless of collaboration), and, if they gave that know how away to a new supplier, that is a second offence ie 3* for orig offence + maybe same again for 2nd offence. Samsung cannot let this happen.
Looks like new contracts possibly on the way, so nano could maybe wait for the Court case without going broke, and even if they go broke IP will be up for sale anyway, but since finance will shortly exist for the Court case and experts (Mintz) already in place, it will happen whatever.
Worst possible case, nano goes bust, but court case still goes ahead. The Liquidators have to pay off Tax, Vat first then Banks and any other debts, the remainder is paid to share holders (less Liquidators fees). Should leave plenty, however you look at it.
BoL

Hi Muffster
Never had that problem but ggp an Aim, which I think means it does not use the Sets system (computerised, denoted by type A - Automatic transaction). Sets should always go thru almost instantly. About time ggp joined the main market, Cap almost £300m now.
I would look at London stock exchange if I wanted to check a price, cos everyone else just copies their numbers.
BoL

Hi richbexx
I use HSBC which I think are great (and allow you to borrow up to 50% Trade Port to invest at very low interest rates).
Only issue I have is Bed and Isa, which I would like to do and tried last year but failed. Think I read on this board that Barclays do it, and if they can I'm sure HSBC will also.
Bed and Isa is when you sell X no shares = £20k in Trade a/c, and Buy back those shares in Isa at about the same time and price. Can anyone help?
BoL

Hi Troubles
I am sure you are correct, filing the IP infringements is completely different from serving it, so now Samsung has 45 days to reply. Gives nano the possibility for getting a sponsor to finance the action. Don't know if Mintz will finance it themselves (no win no fee), but since they were employed, the action could have been served straight away, if they were self financing.
When I saw the RNS I thought Sp would plummet, but it had very little affect (unlike ggp where excellent test results drove Sp lower - funny old world).
Then I thought nothing much has really changed - Samsung never needed to say anything until action in progress, but will need to make a statement soon and / or settle out of court.
At least it clarifies things. FSP a red herring cos if nano win the case, damages will be massive, then no need for sale. 14m tv's sold with nano dots worth $10 to 20 per tv = $140m to $280m and up to 3* damages cos wilful breach. By far the best solution for Samsung is a private settlement, which would have to include a contract with nano for supply of all future CFQD's tv's made by Samsung.
Also, how can anyone know the value of nano until IP rights resolved, 1 of the 2 or more companys in the FSP was no doubt Samsung, who would be delaying things as much as possible.
So I remain hopeful, but at least things are moving now.
BoL

Hi Tom
I think results not out to Thurs 9-00 PM then no doubt a RNS from ggp Friday morning.
BoL

Hi Hawi
Interim Results almost a month late (9th April last year), which I suspect is due to them waiting for some news on samsung case or FSP. Might well be no news on Samsung if they have no requirement to say anything before 14th May.
Don't believe they would be "Pleased" to announce if no news on either.
I remain hopeful and we will find out soon ($1Bn settlement with samsung? Cur MktCap £29Mn equates to over 250 per share). I think Samsung must still be in FSP to prevent it concluding before a private deal.
I will hold anyway and maybe if no news (assuming sp then drops) might buy more. Made a good bit on ggp and ncyt. Keep an eye on ggp sp Friday!
BoL

Hi TMT
Just sent this on tw board:
Just read a post from Tiggerman 11:49 today on page 8 of ggp board at the moment.
"It is repeatedly stated that this is the largest gold find in the last 100 years, that it is bigger than Kalgoorlie, and he has not heard a negative word spoken."
& "Roll on Thursday - 10-00 PM."
This is no ramp cos he states his excellent sources.
That should make Mrs TMT very happy!
BoL

Hi TMT and Owls
Hope they go well for you. Good time to get in just before results of new tests (later this week I think). Of course they could be poor, but I doubt it. I topped up again today (8 top ups between trade and Isa) and still 82% up, so not even bovvered if they go down a little. There are many reasons why their partner (newcrest) will take them over within 6 months, which is why I expect the price to double at least.
Also I topped up ncyt which were up a little today (Covid19 test kits) but only 33% up there!
BoL

Hi willow
Sounds like you are a day trader - nothing wrong with that particularly cos Sp is so volatile now.
My idea is pre CV tw was 237 and worth that now, just a matter of time before it gets back there, and could be the case they will dip again. HB's going back to work soon and as results are published showing CV has had almost had no affect on accounts, they might not dip again. I'm quite happy to sit on my existing holdings.
BoL

Hi TMT
I am retired so have plenty of time to spend on my shares / system. Hence my Base value and Float system.
So I am still invested in 5 Builders, but just Base values (original purchases) so all in profit except tw.
Lost money on selling float, but made a good bit on ggp in particular.
My point is that even if you are very busy, it doesn't take much time to optimise your system towards a shorter term plan and disasters will always happen, so need to be flexible.
From psn RNS not many cancellations, tw also reported few cancellations and both reported sales still going thru almost unaffected, to my great surprise. I thought cancellations and decreased sales were the two main issues HB's faced but even if high cancellations and low sales, since they had a backlog of about 6 months work, it wouldn't matter much as things return to normal.
Yet again HB's proving to be more resilient than anyone gives them credit for - particularly the Market.

Ggp is not a long term investment for me cos will probably be bought out by Newcrest in next 6 months (for at least double current price). That is just one Deal, and I am thinking of topping up again cos very close to 100% up there (even after topping up many times). ISA 198% up, original buy at 1.801p and 3 top ups, Trade 59% up, original buy 4.2p and 4 top ups.
I don't like investing in Aims either but this is a winner!
Keep well and BoL

Cannot believe the Sp. The market must believe nano action against Samsung will fail, nano IP worthless, so nobody wants to buy them (even though talks still ongoing with 2 or more companies), and the free production facility will not produce anything. They don't need to borrow anything (before Xmas, by which time Samsung and FSP will be settled), so cannot dilute the Sp, even if they wanted to. That is in nobody's interests.
People complain about the lack of news, but FSP and Samsung case are both being run by other companies, so any statements from nano, will have to be approved by them.
Very tempted to average down again.