Member Info for oldandtired

It's amazing what a change in sentiment can do to the share price of a company. Once sentiment turns here (and it will), it's surprising how fast a share can rise.

Aim_higher, If I change my mind about an investment, I always sell immediately. It doesn't matter if it is at a loss or not. That is the approach all top investors recommend that you follow.

Aim_higher, your reply makes no sense. If you really believe what you said about Factom, you would sell all of your Factom coins immediately.

Aim_higher, if what you say is true, why do you hold any Factom coins at all?

Shaun, do you have a link for that ipo news? I can't seem to find it on Fastbase's website.

Pennydealer, who said that mms read these boards? I know that private investors do and if they decide to sell because of negative sentiment, the share price will drop.

I think that all of the comment on Fastbase has diverted attention from the value of Gun's actual investments.

Horse Hill is the jewel in the crown for Ukog and most people think that their other assets are not worth very much.

There is an enormous value discrepancy in Gunsynd's share price. Gun has 4% of the amount of HHDL that Ukog has and Ukog has a market cap of £65m. 4% of £65m exceeds Gun's market cap of £1.6m by a large margin. This actually implies a negative value for all of Gun's other investments.

WHY IS YOUR POST IN CAPITAL LETTERS? IS THE SHIFT KEY BROKEN ON YOUR KEYBOARD?

To explain further, Ukog has less than 3 times the percentage of HHDL than Alba but more than 7 times the market cap. This means that if Ukog ten bags on Horse Hill, then Alba will 25 bag.

Billybill, your post makes no sense. Ukog's market cap is 7 times greater than Alba's. This means that Alba is a much better value play on Horse Hill than Ukog.

https://www.prnewswire.com/news-releases/pennsylvanias-private-college-association-recognizes-income-share-agreements-as-innovative-solution-for-paying-for-college-300668393.html?tc=eml_cleartime

Optimist, your estimate on the value of Horse Hill could be very conservative. If the oilfield is as big as some people are suggesting, multiple oil wells would probably be drilled into the field. Gun's share of the oil could easily be worth multiples of the current market cap.

The administrative expenses alone are over 6 million dollars a year. For what? At this rate, it won't take long for all the cash to be extracted from this company. I presume that it will then be quietly closed down or the directors take it private for a nominal sum.

I agree, Optimist. Why don't we ban all mention of Fastbase for a week. We can then discuss Gunsynd's actual investments.

New Scientist's circulation is 125k. There is no way that it has 3 million weekly readers. The daily/weekly readership figures that are claimed by newspapers and magazines are always gross exaggerations to attract advertisers.

I didn't mean to depress anybody. I just posted my honest opinion. The problem is that most people have got used to reading articles free on the internet and I just don't think many of them want to pay anything at all for an article.

I sold my small holding here today because I no longer believe that Satoshipay will get the millions of users required for it to make a significant profit. The 10% cut that Satoshipay will get on nano-payments will require at least a billion transactions a year before any significant money can be made. I just cannot see that happening any longer. If it looked as if it might happen, the bigger payment transfer companies will set up their own businesses and crush Satoshipay. The poor reaction of the share price since the last rns leads me to think that other investors have come to the same conclusion and just want out. They are just waiting for more liquidity in the shares so that they can sell more.

Pennydealer, you keep posting that the share price is down. Virtually every time that I have checked, the share price hasn't moved. Why do you keep doing that?