Member Info for oldandtired

Well, at least this explains the recent weakness in the share price. When many private investors get wind of a placing, they automatically assume that it's bad for the share price and sell.

Pennydealer, did you actually read my last post? There is just no talking to someone who is absolutely determined to see nothing good in a company. I see no point in talking to you ever again about Gunsynd.

Pennydealer, you have missed my point completely. Even at the lower ukog share price, gun's share price would have to be three times higher just to correspond with ukog's valuation of HHDL. It is totally irrelevant if the market is not confident of success at HHDL; this should apply to both companies equally. This is a classic valuation anomaly which always disappears in the long term.

Pennydealer, I don't understand this statement from you "look at UKOG SP and they are the biggest holder in HHDL so nothing to get excited about there". Ukog's market cap is £107m whilst gun's market cap is £1.8m. Gun has 1/25th of the shares in HHDL that ukog owns. This means that on a pro rata basis, gun's shareholding in HHDL is worth £4.3m which is way above gun's entire market cap. There is clearly a huge disconnect in valuation here. I realise that ukog has other assets but gun has too. It is also blatantly obvious that most of ukog's current valuation comes from its holding in HHDL.

As I have said before, you are shooting yourself in the foot with your behaviour on this board. That is assuming that you are actually a shareholder here which seems rather doubtful given your views.

Pennydealer, since private investors read this board and new private investors will be required to push up the share price of Gunsynd, it would be surprising if the views of other investors had no effect at all on their actions.

Pennydealer, the share price would be more likely to head north if you would stop posting your relentlessly negative views. You are shooting yourself in the foot.

Gunsynd appears to be the only holder of hhdl which is not participating in the Horse Hill party. I presume that most people don't realise that Gun holds any hhdl shares.j

There is a good post on advfn today about mtu (reproduced below).

The company is taking no steps whatsoever to address the huge discount (over 21% today) at which mtu trades. This is the biggest discount in the smaller companies sector. The discounts of other smaller companies have fallen significantly over the last 18 months but mtu's discount has stayed stubbornly high. Mtu's nav has actually outperformed the sector over the last year.
The company has a number of options to reduce the discount:
1. Convert to a unit trust or oeic.
2. A tender offer to buy back some shares at say a 5% discount to nav. This will increase the nav for the remaining shares and allow investors to get out at a decent price.
3. Announce that they will set a maxiumum target for the discount of say 10% by buying shares in the market and cancelling them. This will also increase the nav for the remaining shares.
If you think the company will take any of these steps, the shares are a raging buy. The shares are probably a buy anyway if the discount shrinks close to the average for smaller company investment trusts. This might actually happen anyway because of reversion to the mean.

Unfortunately, I think the business plan for n4p is busted. Most people invested here for the drug reformulation idea, not for nuvec. I think the share price will follow the same path as imm. After imm's trial failed, there was a big drop followed by a small bounce over the next few days.Then the share price started to slide down steadily; I think the same thing will happen here.

Stevenmidd, I am very impressed by the depth of analysis in your post which has all the integrity of a drive-by shooting.

Jackie, on 22/3/18, you accused me of being a liar when I said that I was buying shares in mrs. In fact, I bought a substantial number of shares that day. I have added more since. You obviously have some sort of issue with mrs and will say absolutely anything. I suspect that you did not know that your previous posts could be checked.

Jackie, I have trawled through all of your posts and you certainly do not say anything about a bookbuild before it actually happened. You are clearly a liar.

Once the closed period is over, I would expect ffwd to buy back some shares at this level. There could be a pretty sharp rally from this point.

I know that Ukog's stake in hhdl is 25 times larger than Gunsynd's. Ukog's new market with the new shares is £128m. It is pretty obvious that most of Ukog's value is now attributed to hhdl. In addition of course, Gunsynd has other investments. Gunsynd's share price is now clearly far too low.

Correction: the current value of the HHDL holding is now over £5m based on Ukog's new market cap with its additional shares. This is 2.5 times Gun's current market cap.

If commercial quantities of oil flows are confirmed, Gun's holding in HHDL will be worth much more than £4m. The current value of the holding is already over £4m (based on Ukog's share price) before its commerciality has been proven.

Tymers, your post demonstrates that you cannot count.

I think the problem here is that virtually nobody knows that Gunsynd owns 2% of HHDL. You can see that in the number of share trades today. It is now blatantly obvious that the HHDL holding is now worth considerably more than Gunsynd's entire market cap.

Just yours, Pennydealer.