Member Info for ODONNELL

Looks like they are not showing "our opinion" any more, ah well back to Wetherspoons.

Forgot to enter opinion

That 242k trade could be a buy, if so there were more buys than sales, that is why the price only dropped a bit. 3 or 4 days of a lot more buys could see us regaining the .25p we lost.
Seriously though much more of a drop should see the buyers steam in and get us near the 9p mark again, when the sellers will appear. That after close buy is a sign they are looking again. It has to go to below 8.1 bid for us to buy again, very doubtful that will happen, unless LEAP turns out to be HOP instead.

If it is doing well and profits are increasing annually it would be ok to hold on to LEAP, problem for shareholders, especially long term who need some returns for their investment, we do not know how much LEAP is actually worth to SEED, so we are looking to sell something we do not know the value off. but think it is worth a lot, whatever that is.
If we continue to hold LEAP we do need to know what benefits it is giving SEED to attract more investors and push the SP up while it may stop those who are selling owing to lack of knowledge of SEED'S real value.
As we understand it LEAP has very few employees so, it is assumed only small accommodation is required keeping costs down. Not sure why we are not getting information on LEAPS financial position and what it is worth approximately.
Other ITs we hold, and it is a lot, publish daily or monthly net asset value of is holdings.

You are correct, about it being a poor return even if it does double. If we had not added to reduce our average we would not even break even after approaching our 6th year in it. As it stands we are showing around 10%. Many a time we thought lets get out with our profit.
It has been promises promises, one after another. We are still sticking it out, why when if we had put this money in to steady stocks and and ITs we hold we would have been around 40% up.
Leap was supposed to have been sorted in the 3rd qtr, think we must have mislaid what year!!!!!!!!!!!!
These 50k etc sales are probably people taking a small profit after 12 months, coming in at 5-6.25p

Just looked in as I have a few spare minutes and what do I see first of all, "criticism" of another poster, not nasty as we had in the past, but still it is there. Please, all of us let posters say what they think, in reason of course, and if we disagree just write what we think as an alternative to the post you did not agree with.
Scanned down what there is posted today and it looks like there is nothing of substance, not that there is any thing wrong with that. So we have added to it!!!!!!!!!!!!
Where were all those buyers when the share was trading at 6p and you all rightly said that every one should be filling their boots. For those that did they are showing between 30 and20% profit.
We did buy below 6p and up to 8p to bring our average down.
When and where we go is anyone's guess as over the last 6 years or so we have seen promise's and promises' from 50p down to the present guess from some of you of 24p. if it shot up to 30p we would sell some of our holding so that what was left cost us nothing. if it went to 24p and was stagnant we would probably sell some, to take a good profit, as taking profit is no sin. But like all trading thoughts change daily.
To be honest owing to lack of time we have not kept up with what SEED holds and its % of it, along with what they all do.
Premium bonds are giving a decent return again this month so will add the small amount needed to maximise all those holdings hat are not at their maximum allowed. If we had a market collapse the PB monies would be cashed in and invested in the market once the collapse had levelled off, not that we expect an imminent one.
But overall SEED does look good but we do need to dispose of LEAP and get on a level playing field with a very high return from LEAP. A float is what we would like as it is a bit more exciting.
Take care all as I now have to take the better half for more visits to the medics.

Looks like they cannot get enough shares from those who have either had enough or happy getting their money back, unless they have had a large purchase they have not yet published.

No one seems to mention our P/E which will only take just over two and a quarter years to cover the present share price.

Just so long as the NAV does not collapse, Not that we think it will, but have had so many disappointments with a share values collapsing for various reasons over 55 years. We did add more to our holding last week but we are now topping up the families Premium bonds to their limits as a back up!!!!!!!!!!!!!!! Not long ago people on here were talking about 50p + now we are down to 24p. A share is only worth what you can sell it for . Only invest what you can afford to loose is a true statement. Mind you we will be very happy if it does go to a 24p bid price and treble our investment
But as things stand it will be our last AIM stock we buy.
Lets all hope we have a celebration dinner in the near future.

The first four (now six) trades look like buys rather than "sales / unknow" as they are quoting 8.31p on a test sale of 9500, anything above that is a negotiated sale with IWEB.
This is happening quite a lot again as the MMs are quoting below the middle price for both sales and buys, making them all look like sales.

Do you always insult disabled people?
When you have to look after your wife 24 hours a day owing to her physical disabilities you try writing something in one go when you have to keep attending to her needs. I am by the way disabled also which does not help me.
Go and insult a disabled person in a busy street and see what the publics reaction is.
Wrong board ? seeing this is the only share we both discuss and post our thought on, that is why we enter it on this share board

We did not expect to be able, or want, to buy any SEED again, but it gave us the opportunity at the start of the week to even out all the families ISAs so that they all held the same amount of SEED in them. Simple as that. The total of the few hundred thousand that are held are far higher in value than we would usually have in one stock. The boss said she thought it was a good idea to level them out so I did it. Now I must go and feed, wash and change her in to her night clothes, then we can settle down and watch some old movies.
Some of you seem want to make something out of nothing.

Reckon those 8.65 are in fact buys

LTH know we only BUY, which we did last at the start of the week, when the bid price dropped below our average buying price, over the years something often comes and spoils good days for SEED, that is what we were saying.

What is the betting there is a big sale after 4pm to spoil it? the SP was a bit of a pleasant surprise when I just glanced at it.

Just looked in, failed to understand what Barclays are on about as we have a number of ISAs in the family with SEED in them all and it is the majority of the holding in the ISAs. We trade with Halifax's IWEB paying £5 per deal. and have just bought some more SEED in ISAs. We read of some in the past saying they were unable to get a quote from their dealer for FFWD, as it was, while at the same time we were getting quotes for FFWD with no problem. Answer to this is change dealers
We appreciate that the NAV / SP has not always been like this, as Doggo pointed out correctly (unusual for us to read many posts but those of doggo are usually readable). We were just indicating the difference if it kept its spread and the NAV went to 24p, did not mention that if got to £1 the SP would be 70p. But of course this is all generalising and if/when SEED gets to 24p there should be more interest in it , with a lot more trades (hopefully). There are ITs (we hold some) that only have a couple of trades a day as well as a bigger discount and spread than SEED. One advantage to this is that you greatly benefit from the dividends that are paid. A lot of ITs trade at around a 10% discount, but again we have seen larger discounts when trading was slow (A good time to buy). On a very few occasions an IT trades at a premium, LTI being a prime example as there was a lot of interest in it, (not sure at the moment though) We only hold a small amount owing to the cost of the shares which are £1500.00p each. A premium is usually only there because the displayed NAV is below its actually value as the NAV is only updated occasionally and/or there is a LOT of trading in the stock, one of SEEDs problems being very few trades in it, which keeps the spread wide.
Again we do ask all of you to stick to the subject matter and not criticising other posters. Every one has the right to their own opinion , if you disagree just write your opinion on that subject, without being rude to some one.
reefles original post needed reading a couple of times, which we did after reading reefles had been criticised, but I did follow his meaning eventually and followed he wanted it low to be able to buy more cheaply, perhaps if he said retained a large discount if it went up others would have understood.

But will the spread between NAV and SP still be the same?
The present spread would see the SP at around 17p with a 24p NAV.

While we appreciate what you are trying to say, they are going to show excitement about their new game supplier, they are not going to indicate anything else.
Congratulations on showing that link by the way Doggo.
It can only be good for SEED, which we automatically write and show on our records and never think of writing their old name. This is a change for us as we usually take ages too get to use a firms new name etc.
Could we really see NAV between 25 and 35 pence?
Just added more to some of our ISA's for the family as we could buy just below our average and even out the holdings for all of them.
Do wish that someone would come in with a buyout bid for LEAP, high or low, as it would give us clear guidance to Leaps value, rather than all the guess work that you all have to try and calculate.
Now in our sixth year of holding Seed we do have the patience to wait a few more months to see some action which we think will be October time when everyone is back at their work from their Holidays. That statement should see Leap action in a few weeks!!!!!!!!!!!!!!!!!!!

It has been posted before we checked or completed it. that is because my fingers are not good owing to arthritis, sorry about that. Keep cash for these opportunities. We use premium bonds, only allowed £50k each but it is safe and you may win a big prize. We have only won one big prize but get a number of £25 and £50 ones each month along with the odd £100.
So spread your investments do not put all your money in to one basket. Buy when the blood is running in the gutter and all are selling. Sell when the market is high and every one is buying, before it falls back. Have said this many a time and it proves correct.
Take care all, beware of those who are "ultra clever" in their minds and think they know it all.

Just sat down to do families business accounts and looked at SEEDs trades which surprised me then noticed Cielo had posted a link so looked at it as Cielo appears to select ones worth looking at and not time wasters.
Listening to EdMac he appears to be doing more or less what we have told every one to do over the 55 years or so we have traded. So stick with him.
Love crashes as they can make you money by buying in at the bottom. All the big crashes have given people massive profit opportunities , using sector crashes gives you the same chance of making money. Some individual crashes also can give you a decent return, IE: a firm drops from 100p to 20p. buy in short term and u will usually see it rise to 30p get out with 50% profit before it drops back again. Of course individual crashes are not so guaranteed to make you money as whole market or sector crashes. No point wasting hours searching for a gem that will shoot up, because in the end you finish up backing the wrong one. ITs that are well below NAV are well worth going in to for the longer term, One of those at the moment is an IT called SEED. ITs that specialise in special sectors or regions that drop or are out of favour, go in to it. Nothing is certain so spread your investments. Realised spending hours researching companies was a waste of time. When it looks to good to be true it usually is as some one has fiddled the accounts and it collapses.
Just look at the charts for the couple of years maximum to see if further investigation is worth while. Keep cas for opportunites