Penny-pinching or personal?12 Apr 2025 19:53
nick, good draw for ****nal , i see. well done!
anyway, with an average now below 1p, i am more than happy with my holding here. however, i have averaged down not to make a quick few quid, unlike yourself, but to hold for what i believe could be life-changing money. does mrs s know you are about to sell last week’s val buys for £300 profit because, like the gunners, you have no stamina? jimmy choo shoes have far more class than primark.
ok, thanks. can you now pass over to porky, please…
sorry porky, you are commenting as if your opinion matters. you are a failed investor, having a history of disasters and have ramped both 4d and harland & wolff into oblivion and currently doing a pretty good job with genedrive. for some obscure reason you consider yourself qualified to pass judgement on companies you aren’t invested in. good entertainment value though.
before self-congratulating on calling val placings, i remind you that for many of your 6000 odd val posts you have been posting “the end is nigh”, yet here we are, still trading while your other investments are awaiting a court winding-up date.
to be fair, you aren’t alone. “it’s dead, jim” darth (fum) and ratcliffewriter (sclp) also consider themselves in a position to comment despite the pathetic performance of their own investments. fortunately, with spare cash to invest, ratcliffewriter can afford to buy more andrex i.e. scancell shares. while on the loo, he can contemplate his own losses. i acknowledge and pass on my commiserations!
others, i have sympathy for; grainger having mistimed his investment, is bitter towards val, blaming the company for his own decision to invest at that time. unfortunately, he needs to man-up. forget that fallacy about time in the market. with the aim, timing is everything.
many significant val investors regret buying in too early. an embryonic aim company can have unbelievable, life-changing potential if timed right. get it wrong and it is a sponsorship arrangement. want examples, ok: eno capital, £84m mkt cap on joining sold for more than £1b, asos joined aim at £14m to later be valued at £4b, botb increased 7130%, ggp 6300% and eua 3650%. acceptable gains i’m sure you will agree. however, time it wrong!!! were these crap companies? no, on the contrary. potential goldmines, but only if you bought in at the right time.
like a few others, i believe now is a good time to be in val but that is for others to decide as they have to live with the consequences. dyor. any date on the 4d or harland windings-up yet porky?
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