The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Oh dear oh dear.
A win for shareholders they say.
Co are listed on AIM to provide access to funding, withdraw the ability to fund and you hamstring the co and prevent them from accessing funding to keep the lights on.
Very messy.
What a silly thing to do. What’s next suspension and delist I wonder?
A win for shareholders indeed.
Haven’t you worked that out yet?
Keep up.
Side stepping the questions again.
As expected.
Slippery as a snake.
Not hit a nerve at all, nor is there any indication of that being the case, queer thing to suggest.
And you seem to be avoiding answering the simple questions posed to you?
Why don’t you tell everyone why you sold out previously whilst telling everyone on here it was a strong buy, before buying back in when you thought the price has bottomed out, only to find yourself underwater and averaging down YET AGAIN?
I mean why tell people it’s a strong buy whilst you are selling your shares?
Isn’t that a little disingenuous?
And as for my agenda, I’m not the one enticing punters to buy in now am I? Just stating the facts as they stand for all to digest, instead of the more colourful versions of events that seem to appear here regularly along with advice to buy stock.
That’s very fanciful, and also in breach of LSE T&C regarding disclosing personal information.
But I digress.
Why don’t you tell everyone why you sold out previously whilst telling everyone on here it was a strong buy, before buying back in when you thought the price has bottomed out, only to find yourself underwater and averaging down YET AGAIN?
I mean why tell people it’s a strong buy whilst you are selling your shares?
Isn’t that a little disingenuous?
Why are you addressing me as childman?
Because I don’t agree with your blinkered optimism?
Being invested and commuted you can’t take a step back and realise what others see when they look at this.
Can you even explain why you are invested, or justify the risk profile?
Wah wah wah.
Strange how people think the more they “research” and they more they accumulate and encourage others to buy, the more they will make when this comes good.
The flaw in that logic of course is that punters have no control over the company, or what the market values the shares at, so “research” becomes pretty irrelevant unless you are insider trading, as does the amount you own - which conversely may turn out to be only useful for a tax write off.
I would tread cautiously listening to the advice of anyone on one of these boards claiming to be heavily invested in a co, spending their time abusing anyone with valid concerns about the co, and instead forcing a “strong buy” rhetoric on anyone that will listen.
Wah wah wah.
How many times are we going to hear that?
Chadster you are not the first to have posted here with such enthusiasm and optimism, eventually that will pass and you will realise that you have backed a donkey.
Curious timing unless they know something..
Anyone that can do the math, can also see through all the dross.
This isn’t some diamond in the rough, it’s just rough.
Beware those LTH that are very keen to encourage others to buy - their stock.
You would think after 5 years of telling people this was going to moon that they would grasp that it isn’t. The market certainly doesnt think so, just another lifestyle co.
suckers
Don’t come crying when you get burnt, fair warning.
Yes you really are guessing.
#clueless
Poppy****
Hilarious!
15. Yet you failed to realise we are not idiots.
Response: We again you do not specify so difficult to respond, but will take it to mean you and YAKS. I have spoken many times with Yaks yourself to lesser extent I have not been that disrespectful to either of you or implied you are idiots again not my words or words I would choose to use of you and YAKI.
16. Re taking advice... Again not how I view things. I actually contacted him on your behalf not mine... Your your own we us free to do as the we chooses. Life is full of choices.
17. Yet my friend and i do view you as friend. We are not eejits
Response: Thank you my friend.
18. Stay tuned and try listen more is my advice. Sorry my friend think is you who is misunderstanding re the stay tuned and listen more.
10.You are no genius.
Response: No have never said I am... But in my book am a good investor/trader. A good investor should make 20% a year in my book a good trader should make 50%. Investing/trading and the confidence in my ability allowed me to quit the day job three years ago and since have returned 106%, 85%, this year so far 45% which I expect to be heavily weighted to Nov/Dec.
11. Ramble
Response: I do not regard my postings as ramblings far from it personal opinion funny how those we do not agree with ramblings those we do great opinion.
12.US not taking your advice. i was about to say you but see you say us, us is not specified so will skip that
13.Re your legal eagle. They are your words description that I would not use.
14.We failed to engage.
Response you say failed to engage or poor use of word who knows. I do not even know if you contacted him or not because you never directly responded to me whether you did or not. One would assume not
7. Why bother, why would you what is your point as you did for an age like we are invested you are not and so on.....
Response: Not sure what you are asking if not please clarify if want an answer from above can only guess at what you are meaning asking me. Am thinking you mean why bother communicate with them here... Because my initial reason for increasing my posting was more about this style of poster as i saw it and best way is to engage with... Have learnt a great deal and my initial intention was only to post in this manner for one year. I have would say another two months of learning and then back to my old style of posting or none at all will stay whilst still learning. We learn most from our mistakes and those with differing views to our own... You and Yaks were too aligned to me for me to learn much and not type of poster came here for initially, though can learn from everyone... Essentially I want to be a better trader and Lurks and Frank have made me soo...
8.I think none of us are happy here.
Response, Then why post as if are?
9.Difference is that you might struggle to understand iamthebest is you are no genius.
Response iamthebest is a profile name. I remember when I joined ADV over a decade ago was via phone and they asked me my profile name I wanted, def not genius I could not think of one... Makes me laugh many think I am making personal statement am I that good lol... No was actually based on a character I was fond of he had downs syndrome and was no longer. I was part of group we were camping he used to awake like clockwork 3am every night and if you were awake you would hear 1,2,3 I am the best then he would go back to sleep it was kinda infectious and it popped into my head. That was that it was my profile name. He was the inspiration of the profile name.
It was no summary, more a snippet and balance is not necessarily right and was not thinking of balance when posted is more like blog as thoughts arise and then adjust, but will read with interest your responses. Guess there is chance of more balance as been both sides of fence and also from looking on far at the fence.
1. We sometimes come across as current investors.
Response: for sure it is obvious for various reasons.
2.Like you did
Response: Yes for sure I would have come across like someone invested I declared as such and was supportive of the company and Louis.
3.When you were actually invested or had skin in the game
Response: Actually two different things to my mind I was invested in support of Kibo and Louis for a shorter time than I had skin in the game. They lost my support with the Director loan notes and for many other reasons too many to list in context of this response.
4.and say niggled with extreme like WTF non holding alter view say Frankie and Benny...
Response: Yes we shared that Guitars as investors and skin in the game :-) Then we shared both having skin in the game but you still invested in support of kibo, louis, but me not. Then we shared nothing in that respect you still invested and skin in the game and me neither. Am not sure if I said to you but I certainly said to Yaks when still invested I just can not support these guys anymore they have proven JAX05, lurker and Frankandbeans right and I listed multiple reasons to him for that opinion of why I could not support Kibo anymore whilst current Directors remained. But the above has many, many lessons. It is kinda a policy of mine that once I lose faith in management from an investment perspective that is me done with company until management changes. That has not changed so I am done with Kibo. Similar situation Blue Star though we over changed their decision and they did right thing I still sold...
I think where we have been different all along is the level of skin in the game, that option of selling is not open to TR1 at present for various reasons like it was to me. I also think more of Yaks than you in the selling respect. Strong buy great, fight your corner.:-)
5.Who now seem PMSL like your best buddies.
Response It is a bit more complex than that. No your the closest I have to a buddy in the Kibo room, lol. I have never spoken to either outside of this room.
6. Hate to share yet likely the same...
Response: No not one and the same.
The ride down South has lasted since October 2016, 6 years. 9p to current 0.18p for Kibo and shareholders at that time. But more important during that time were the losses in the profit/loss account since then and failure to deliver at operational level on the projects in meaningful manner from then with little to show in my book but losses over that time and shareholder wipe out what is it 95% plus for anyone who invested then at top.
Probably going to be very messy for holders, has been very messy to date for sure.
Much more prudent to watch oncoming train crash.? hmmm kibo hit the buffers long ago, has been like a multiple train crash as one unsuspecting investor after another got on board and hit buffers with Kibo.
More prudent to watch from sidelines. Yes during this time for sure unless were lucky enough to bid up on one of the spikes as a trading punt and exit knowing the risks as a trader. I initially thought you to be JAX05 but you are not, yet Guitars gives you credit for watching this slow motion train crash from sidelines for six years if that is indeed the case and you have posted as such during this long period about Kibo oubliette,well done and you have been proven. If not bit late to party to help most who invested ie price was already 0.22 damage done, though guess better late than never and think you do good job here balancing the approaching 8000 posts and who knows are you predicting another 90% loss if so will watch with interest in future to see how pans out. Another decade of Louis.? ... I see this company as indefenceable and as such I will say I got Kibo and Louis wrong after I arrived 2020@0.20p and also after which for me was proven with Director loan notes, clarke, Bordersley but mainly Blyvoor. Not Blyvoor and Not Blyvoor as a project was aware of the problems that came with in terms of location etc, but not enough due diligence like Louis in respect of the exact nature of agreement je had with them.. My speaking to Blyvoor came too late for my KAT investment though did stop further losses and allowed me to invest those monies in better management and prospects.... I think one has to admit when they got wrong and is good learning experience Kibo/kat. Also Lurker got Kibo right with this thread so well done to him and over a 5 year period from 2017