RE: LTH frustration1 Feb 2021 18:27
LPD, i'm glad you're happy with your holding. It has the potential to be a lucrative investment & i will invest here myself when the company is seen to be addressing the issues it faces. At this current time i see it as an uninvestable proposition as the risk of failure is way too high. I don't think it is wise to use past performance as an indicator of future performance in the current climate. As an example, i'm invested in a company called Petrofac. This share was trading @£16 a few years ago; £4 a year ago & just over a £1 now. I'm not naive enough to think it will achieve any dizzy heights anytime soon but i see it as a wise investment nonetheless. I'm sure the same will apply to CF in the near future when the financial issues are addressed.
Moonpig is way overvalued in my view. I'm sure there'll be an initial euphoria around the float similar to Dr Martens. However my view is that both of those IPOs will end up as poor investments for those who partake! GL