Member Info for oldandtired

I've bought back in. The shares appear to be holding steady now and the upside looks tremendous. The results are three weeks away so there's not long to wait to see if my decision is right.

I was wondering why the share price rose yesterday. On paper, the company looks an attractive buy, so why is the share price continuing to fall? It's very hard to buy a share which behaves like a falling knife.

It looks as if I sold just in time.

I see that the price stabilisation buying is continuing at a rapid pace. I am getting concerned that when the price stabilisation buying ends that the share price could fall badly. The selling must be pretty intense that the constant buying from the price stabilisation plan is needed just to hold the share price. I am beginning to wonder if somebody knows something about this company that I don't know. For this reason, I think that I will cut my exposure here, possibly to nothing. In my experience, the private investor is always the last to know if something bad is happening.

The trading update was reassuring and I have been adding to my position. I expect the interim results in September to be good. I think that this is a window of opportunity to buy before the results.

That makes the fall in the share price even more surprising. Sometimes the stock market behaves irrationally.

After reading the prospectus, I thought the company looked very good value at the launch price. I didn't participate in the ipo because I couldn't find any independent commentary on the company. I was surprised that the price fell after the ipo. I think the ipo happened at a bad time for the stock market. I reread the prospectus in its entirety and I cannot find any obvious problems with the finances. The prospects for this company look very promising because it is increasing market share in a growing market. I think that a trading update for the first half of the year can't be too far away and I will see if my prediction for the earnings this year are too optimistic or too conservative.

I've decided to take the plunge and buy. It looks as if the company is trading at between 10 and 15 times earnings for this year. This looks good value for a company which is growing this quickly.

Techguru didn't actually say that the share price would be 5p in the next month. He said that this was his target share price. Well, my target is to be a billionaire next year which has about the same likelihood of this share being 5p in a month.

Does anybody have any broker analysis of this company? It looks like an interesting company but I cannot find any intelligent commentary on it.

2 more director buys today totalling 250,000 shares.

I think that people are not differentiating between private equity trusts which specialise in venture capital and trusts which concentrate on profitable private companies. I can understand the venture capital trusts going to large discounts but trusts like Oakley should not be treated in the same fashion. This has created a buying opportunity for Oakley given its record over the last few years.

What's happening today with the relentless selling? Is there even more bad news incoming?

"For retail investors who won’t likely have access to private companies SEED becomes one of very few options with a lot of success in the space so it could work well for us."
Is this meant as a joke? There are plenty of quoted private equity investment trusts with a good long term record with good management. Seed does not have a lot of success in this space and it has appalling management.

Some tech shares had a plausible story to tell. Cannabis shares don't. Anybody can start up a cannabis company. It requires no talent or expertise at all, just a few gullible investors who can be fleeced. Just look at the management of some of the cannabis companies which have been floated on the stock market. Every spiv and crook who sees a chance for a fast buck has tried launching a cannabis company. Of course, the more cannabis growers there are, the more the price of cannabis will fall which makes it virtually impossible for cannabis companies to make money. Cannabis is merely a commodity which anybody can grow.

Why would there be a cannabis bull run next year? It looks at least as likely that cannabis shares will fall further since so few of them are profitable.

Ed's been saying this for three years. Nobody believes him any longer.

If Ed thinks that Seed is a buy at this price, why hasn't he bought any shares? The obvious conclusion is that he thinks Seed isn't a buy at this price.

Doggo, it sounds as if you are trying to create a spike to sell into. Do you think it will work?

With the latest disposal, the new nav is 594p. The discount is now sitting at 39%. With net cash as part of the nav, surely this discount is ridiculously high.