Member Info for Nige_W

Besides Sweden:
https://www.msn.com/en-gb/news/world/coronavirus-south-africa-may-have-developed-degree-of-herd-immunity-against-covid-19-say-scientists/ar-BB1atPz5?ocid=msedgntp
BoL

Hi BtB
No. "it's his extensive and thorough research". Obviously you aren't paying attention either.
BoL

Hi noggers
Depressing times for sure and having been thru Baking Crisis, Brexit vote and Covid-19 I think things are going to get worse generally.
Alternative go for Aims that could benefit from Covid (like Pharmas) but I think fully (or more) valued now and with a vaccine due soon probably missed the boat.
Ggp about to produce an RNS on drilling results, probably tomorrow, which could push up price quite a lot.
Lockdown is producing more harm than good and needs to be stopped.
BoL

Why!

Hi SL
I suggest the reason for big rise and tiny volumes is most holders are reluctant to sell at this price, so only small numbers for sale, hence price goes up quickly. Could be a mini boom as people jump of the bandwagon, but no doubt they will all desert the sinking boat if the price falls back.
My original idea was the Sp might slowly drop to 5 (about New Year) before reviving pre Markman meeting. Revised that to a resistance level at 10 cos too many Long Termers won't sell, which I think is what is happening now.
Zahir expressed an opinion without any explanation, which is worthless.
BoL

Hi Wbernard

Of course you are correct - NHS is massively underfunded and has been since it was created, cos of centralisation. This is what creates the inefficiencies. More people work for MoD than in the RAF or RN, and will probably soon outnumber the Army. RN has more senior commanders than major ships, RAF ditto (than strike planes).
Yet we want this shower to Govern us (or parts of the UK - before Scotland, Wales and NI become independent, and rejoin EU). I say UDI for North of England and rejoin EU!

From my prev post it infers Brexit, Recession and Unemployment will have almost no affect on Builders - there will be some affect, but not much. Far more worried about Politics (return of Trump) and Inflation which could push up Interest rates. Years ago the currency was backed up by a holding of Gold, or Silver, even Copper cos the value of that would equal the amount of currency in circulation. This is no longer the case and as Countries print money people will realise it has little value, so pushing up the value of Base metals. Already JPM and another Bank have been prosecuted for artificially holding the price of Gold down - they are actually doing Govts a favour by maintaining their currencies. What happens when Govt Bond Holders pull out cos the currency is worthless?

For these reasons I expect a big hit to builders Sp's and why I am in Gold, cos even if Biden wins and no great inflation the market thinks the other factors will affect Builders far more than I do.

Apologies for the rant and BoL

Hi Trucky
Don't think NCM will buy GGP, cos just had a rights issue to buy another company. Much more worried about a Big player buying NCM and GGP (like Rio, who already have interests in the Paterson).
BoL

Still think it doesn't work - interesting to see if these stricter measures make any significant difference. WBernard said it was introduced to stop the NHS being overwhelmed which is a fair point, but whose fault is that?
We ought to study Sweden (including their NHS) cos since ours was created we have never produced enough Doctors and Nurses, yet more Chiefs than Injuns and incredibly inefficient. What is their cost per person compared to ours?

Also, I still think Govt action (stamp duty, H2B) makes almost no difference to Builders, nor Politics, Brexit, Recession and unemployment, as long as Interest rates remain low and Banks happy to lend. The Supply / Demand imbalance will remain for years.

BoL

Hi HonestT
The contract between NCM and GGP will be a complicated affair, depending on Price of Gold... actual amounts mined (as opposed to forecast by MRE)... and so should remain a source of income for a long time. Already GGP has more cash reserves than a Years liabilities, so excellent prospect for long term - before any cash from NCM.
It is in NCM's interests to keep GGP happy (when Scally on the way), so I don't expect any tricks from them over forthcoming contract. Only problem if T/O of NCM or GGP by a big player, otherwise I'm here long term.
BoL

Hi all
Just posted a message on Nano board explaining my ideas.
How long will it take for the market to realise housing is a safe haven in challenging times? That's why I still expect a big drop in Sp's even if unjustifiable.
BoL

Thanks to Morbox for timetable. I was under the impression that this was meant to be fast tracked!

Still expect an out of Court settlement before Markman hearing 26/03/21, where I expect Mintz to ask for an embargo on Samsung QLed tv's in US. This alone should mean Samsung will need to settle with Nanoco. Mintz will also pursue the maker of Nano Dots to get production stopped, then Samsung has no source of dots for future research.
Is the claim that patents passed by US patent Office (lawmakers) are wrong? Or defence based on joint collaboration (when they pulled out after finding all the Tech they needed, before copying it). Or just a smoke screen.
Then the question becomes amount of damages. My best guess is between £500m to £5Bn. Might be peanuts to Samsung. but £500m means Sp 163.4 (500 / 306m shares) for the Cash alone ie more than 16* current price.
Now assuming the settlement includes a contract, I expect a 20% premium should be added to Sp = 196.1 and assuming Nanoco worth an absolute Min of £100m Sp becomes 235.3 or around 25* current Sp.
Incidentally, if settlement £5Bn the Sp becomes exactly 2000, given 20% for contract and £100m IP, or more than 200* cur Sp. Don't need many of them to be able to retire!

I expect Nano Sp will slowly drop until next year, cos I don't expect much good news until then - who would make a contract with Nanoco when they can use Samsung's supplier at maybe half the price? Maybe a bit of support from individuals (Griffiths). Just have to wait and see, but I intend to sell 100k shares in Greatland when they can buy 600k in Nanoco, probably early next year. Greatland now 22.9 and should improve a lot by end of year (Havieron MRE and buyout by NCM).
It will be good to take some profit on ggp cos decreases my av price (now 6.3).

BoL to Long Term inmates

Poor poor fallenpoppadom, only been here for 2 months, and got some serious abuse.
Hope he learns a lesson from this.

If there is one. Judge could decide nanoco's patents are invalid (case dismissed) or valid. Since no other defence guilty as charged. Both cases no trial required.
But if it goes to court there is no way proceedings can last 2 years. The 4 year case mentioned was Apple v ? with loads of counter claims (East Texas?). This case has no such issues - the defence have made their case and cannot add to it, so what have the solicitors to discuss?
The point of this court is it fast tracks its hearings.
BoL

Hi botbot
Does it really matter?
Either sp rockets, it tanks or not. If rocket everyone happy, if tanks buy more else sit on hands.
Still think Samsung needs to settle but could be too late. From memory pretrial schedule includes checking patents which Samsung claim are invalid, their only defence, so if not invalid they are guilty as charged and no need for trial.
The Stats quoted did not apply to east Texas Court which is completely different from any other, with much bigger teeth.
BoL

Ps
Sorry fot 2 messages, Damned Samsung playing up

Hi TMT
Not sure if no deal will be good for the country, but agree it won't affect builders much. The thing is the market does think it will have a big affect on builders and they set the prices. Then there is Covid-19, rising unemployment and recession.
No Medals for holding and I think ggp about to takeoff - enables you to buy back more psn.
Getting a new Dell pc on Monday and if i can get my old Dell repaired, I won't replace Samsung laptop.
Really appreciate you posts on ggp and VBoL

Hi TMT
Nos sure if no deal will be good for the country, but agree it won't affect builders much. The thing is the market does think it will have a big affect on builders and they set the prices. Then there is Covid-19, rising unemployment and recession.
No

Hi TmT
Hope I am wrong.
Traditionally a bad time for Builders from now til Xmas, not that that matters now.
When all current issues are over i expect builders to become about 2.5 * current Sp's, but could drop by up to 50% before that. Meantime very happy sticking with ggp and nano (hopefully a settlement soon).
Main Pc broke so trying to reload factory settings. Using a very old Samsung (spit!) laptop now.
BoL

Hi TMT
I read your post on ggp - perfect timing!
Builders done well this week, but I still think a big drop on the way. Don't know when the low point will be nor how low it will be.
Have a great weekend and BoL

Hi Terrence
I apologise for talking about ggp again here but ggp board is becoming impossible. I think to compare other builders performance with tw is reasonable and even builders suppliers and merchants, but agree ggp is a bit off piste, but quite a few tw holders now also ggp holders.
Hi Bamps
Tremendous support for you on ggp board. Some time ago somebody suggested we start a new board for genuine ggp supporters on this site, and how to regulate it. Think that would be too difficult but already GGPHelp system exists with articles from many members here. Don't know who set it up - could have been Paddy. Shouldn't be too difficult to set up a chat board there.
BoL