George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I am led to believe that may people taped the coronation including young people to watch later as well as those many at work serving you and me. Street parties covered the UK with children enjoying them, so do not tell me we do not need the Monarchy.
Royalty brings i so much need money in to the UK each year with, I am led to believe 10,000 Americans came over to see it and holiday here, which contributed a great deal to wards the cost. This cost which some moan about is not just for the event itself, all those military, police etc would have still received this money that is attributed to the event as their normal pay.
As for anti monarchists, whose use of language at times shows their mentality, what would they put in its place, a Trump type president who costs money with no returns? Do thousands go to the USA to see a president enrolled? You would be having two votes instead of just one for the parliament. At times these presidents are at war with their parliaments so nothing is achieved for the country. No we have the best system that has been devised so far, a
monarchy that attract visitors and brings money in daily to the UK. What else could you wish for? They even create news space and give us an interest. No I do not look at royal pictures of royal children etc but a lot do and they enjoy it, would they be looking and enjoying pictures of Trump etc. Why would we get rid of something the world envoys us for and is British.
Even in Scotland people loved the Coronation, (if my memory is correct history says our line of assertion started from a Scottish King when they united, but I stand correction on this. My dear late wife would have known.) These special occasions are done so well here, the world watches and try to imitate the the performances we put on.
The royalaty
When you are in your 80s premium bonds are worth holding as you cannot wait for stock to go back up and you get a regular income. For those younger buy £50 k and invest the rest in the market, but not when you are in your 80s. It makes sense.
a few purchases then the sellers return. Not really understanding why so many sellers at under 2p.
The truth be told is that NO ONE has faith in the BOD. Even though the NAV is around 7p, people fear it may half as it has almost done from the 13p NAV of a year or so back.
The portfolio could be ok, if it is allowed to develop, then sold at its value, instead of being sold way under price to "selective purchases" who then sell it on for a profit, leaving us with nothing, except the expenses of paying wages etc.
Why would anyone buy in to Seed with the current BOD at the helm?
I have decided against buying any more as things stand ,even though I did say I would add at under 2p a few weeks ago and will wait until it has dropped even more, I am sorry to say. So long as the NAV is stable.
Better off giving the family more premium bonds that tend to give me a monthly income with no risk.
It may be that those who bought in at under 2p have had a change of heart and are getting out. Is Ed selling as well?
Sorry to be so against Seed at the moment, but cannot see any headway at the moment. Perhaps things will change, perhaps!!!
Bluntly there is nothing new to say about Seed and until the BOD change, which is unlikely while getting a inflated monthly income from us. Unless a white knight takes a look and thinks there is value here and buys us at at 2.25p+
as I have said in a few in my posts of late, as the SP goes up sellers are there taking advantage of the rise, a few making a small profit whilst, it is my guess not a fact, others are just getting out with a loss, small for some, big for others, and the odd one just getting their money back. Just to get out and be damned with the stock is what a lot are thinking.
THERE IS NO POINT LOOKING FURTHER THAN THE BOD, for the reason this stock does not go up. I have not read, or have the time to read all the many posts, as a lot are repetitive of what others have said, I just repeat what I have said, many times.
Miracles may happen, even Wick won a Highland league game last weekend, proving miracles do happen and away from home.
There is no faith in SEED or its predecessor FFWD while we have the same BOD. YES the holdings look decent, YES the SP should be around 6p, NO to buying because investors, especially outsiders, are wary what the NAV will do in time to come, with the BOD looking like they are only interested in keeping Seed alive while they are getting an inflated amount of wages.
We may if the current trend persists get to 2-2.2p as a floor, but we may drop back to the 1.75 p range before we do this. There are more sales than buys, so how can it increase? Some buyers are coming in at 2p+ just in case they miss out. This has happened before then as the price goes up more and more sellers come back to push the SP down. Traders will take advantage of this, buying under 2p and selling at 2.2p. I may be wrong but buying over 2.1p will not give you much of a profit in the immediate future.
The one big hope is that the NAV remains around 7p+ and sales from the portfolio at under their value do not let it drop.
If the price drops to 1.75 p which In my humble opinion is the lowest it will go, unless the NAV falls, I may just buy a few thousand more at under 2p. investing my returns from the families premium bonds, which disappointed this month with wins of only £200.
Since Christmas I have been extremely unwell with this virus that is prevalent around here but am now 85% recovered, which may be a disappointment to some!!!!!!! I keep entering two s and one p, then have to correct it, when will I learn?
Cat has cost me £680 the last week, so investments in vets may be a good thing. It is not an age thing, just a me thing.
Enjoyed our Easter services at church, but today off to another funeral at church.
At least the Blues look like they will not be fighting relegation at the end of the season.
I had just quickly looked through many posts and noticed this about Friday without realising your meanings to it.
Will watch sport over weekend but doubt the Blues (not the pensioners) will be on except for 15 highlights. Church will take up part of , Thur, Fri, Sat and Sun. It is EASTER after all.
But good to see you all not being nasty to each other. must check the 8 apple pies I am baking take care all
Your little compliment made me giggle. It is not that I am cleverer than most and get it right more than others which is your statement, not mine. In fact most on here are far in advance of me with research, knowledge etc. I just look at things from a neutral point of view and use my 80 years of experience and my many past errors to sum things up.
I am surprised that people are selling in the 1.7p range, but it only indicates just how little faith there is in SEED.
Chrishutch is correct in buying when others are selling, however whilst I do this, it is in sectors that are out of favour that I buy, not a falling stone. There have been shares that have lost a lot that I have bought and some paid off but others did not. Seed may be one of these. Just how much money have people lost in FFWD / SEED?
My philosophy is buy when the MARKET is low, not buying a dying share, which you do not get many of. SEED though does fall in to this category. To be fair SEED could be a very very good investment and its portfolio could increase in value, just worried that expenses outflow NAV gains, especially with high wages and a nice gravy train for some. Of course the market lacks any faith at all in the BOD, with Leap being the last straw, a grossly over estimated value which ended with them hardly getting their money back. I did have concerns and if memory is correct I did point my opinion out that although Leap was gaining sales there was no sign of a decent profit, regardless of what the knowledgeable people say about long term profits. If they were selling a lot more games etc why was there no profit. Either their returns were minimal, which is why people bought LEAP for their gaming site or money was going amiss. Whatever it proved a disaster for SEED investors who were mislead right down the garden path and in to the river, where their money floated away from them and down to the sea never to be recouped.
Are some of these sales BOD or just those cutting their losses?
If you have a few spare pennies you are willing to risk, then SEED may and only may give you a good profit in the long term, but it is also possible that you can sit and watch it drop further and buy at a much lower price, only time will tell. At 3-4p folk said it was a good buy but it has halved, it only has to drop 0.8p to half again. If it does the unimaginable and you can buy for under a 1p and so long as things are the same it will be a good buy, perhaps. For me my spare pennies are going in to the premium bonds for the family, where we might just get a big bonus, but, one may say, a small monthly return is better than a regular monthly loss on SEED.
To be honest it needs a white knight to come to its rescue
can they say the 635k trade @ 182p is unknown when well below the mid range of 180 and 200. You just have to calculate yourself which are sales and which are buys. Sales unfortunately are still outperforming the buys, did think the sales had stopped at 185p and we would not get more until 195-205 range. Just shows how much faith people have in this I.T. Whilst agreeing it does look cheap, you can not rule out the NAV continuing to drop as money is used to pay wages etc.
Had laptop troubles this morning. I had windows update itself, when it asked me to do it now or at night, i selected at night, but when it reopened all my documents and pictures were gone, lucky I back up daily on to an external disc. Still not sure what happened or where they had gone. The document explorer was a different lay out as well.
Well back to making the apple pies.