Member Info for pedro61

Rising oil prices is a definite fly in the ointment,when finances are very stretched. Inflation may go up,and interest rates stay comparatively elevated.also they will pay more for fuel ,this is definitely not welcome...

Much better to invest in cash generative producers than gold itself at these sort of valuations,which really on cash generation have yet to catch up.I think it wise to look at what happened in the last century when the U.S. decided on heavy tariffs,we got a huge depression,and the only asset to appreciate was gold,with gold miners the biggest appreciating asset of all....That is why in this world of big deficits this is an investment second to none right now...

Middle east situation could see this go higher,as energy costs could spiral from present lows....Risk to reward a great play at these levels....

I would never stay in a company that i was not passionate about,and i despised the management,what would be the point of that,with literally thousands of shares available,why not feel good about an investment?

That is fair comment,but, i can only say that I look at your comments and see very unfair criticism and a lack of looking afresh and objectively. If i felt the way you did and do then i would have sold a long time ago ,and invested the proceeds in a company that gave me good vibes and I felt passionate about,i do not see the point of staying in a share where you openly despise the management. I can only comment on what I see in your posts,If this is not the case then fair enough,other posters can judge what they think is fair and unfair comment...

Losses should be written off,as the future is what matters. If I get a stock that loses money I wipe the historical pain out of the equation and look at it from fresh eyes. If I am not happy I get out. If i am I stay positively invested,and if with those fresh eyes I like what I see,and think it undervalued,I buy more. Living in pain helps you in what way?.

I have sold more non gold stocks this morning to get more of this safe haven stock with huge potential at rock bottom valuation...I now have more shares than ever....world is not safe,but with gold rising this could be a little haven with a big payback...

I binned MCB too early but took a profit....You cannot always be right...but,a profit in the hand is worth....

No point if it is going to get cheaper...Remember firepower thinks less than 20p,and he is the Guru everybody respects....third lass passes in woodwork are not to be sniffed at anymore....Obviously a talented trader as well!

Rising oil price is very bad for this share...I will hold fire from hitting the buy button,as finances already very precarious....This could get much cheaper now...I am interested ,but, not yet...

I am following the Guru.... firepower!....The man in the "know" and the man with the "midas touch"...A genuine proffessional who pulls no punches in his quest for the truth...If he says 20p....then 20p it must be!

I remember you moaning at 3.25p only 18 months ago,and after a near doubling in s.p. you are still moaning....At what point do you start forgetting the painful past and start to think about the increasingly good prospects of a company entering a new phase,a phase of expansion and cash generation,and the phase that you have hopefully being looking forward to where you start to appreciate the company for its merits,or do you prefer to be mired in misery thinking about the past?

Selling out is happening,and will continue by the looks of it. The well respected market Guru firepower1 with a huge and devoted following in all the best circles of power and known for his excellence in correctly calling this s.p. has told us that this is going to 20p. I feel we should give him credit for so accurately predicting the s.p. with his vast knowledge of the markets,and feel we should take his projection of 20p ,or less,very seriously. Very seriously indeed,as the s.p. descends to those levels. I am hoping to buy in at 20p,so will avidly be watching the performance as it approaches the Market Gurus price objective....

Ironknut. Yes it is o.k. to be sorry you Invested if you are down. But being sorry does not mean you should not see positive news as positive,and it does not mean that you should fail to realise this is entering a phase where they are not cash hungry,but, hopefully more and more cash generative. Historical bias should not stop an investor in seeing things clearly and objectively,and all your posts ,without fail,just amount to moaning .....without any positive thought....and usually moaning just for the sake of it....All of which is terribly tiresome for those investing in something with a real future,and those living and thinking for the future,rather than a painful past....

Dropping by the day....When will it be time to take a punt? Is 20p actually on the catds now?...I am taking notice now...maybe not too long before the button to buy is pressed....20p and i am interested...

Do not get me started on your absolutely appalling record T4G/BFD...multiple ramping attempts and huge losses from a man with no credit left....I could rub your face in it but,choose to be better than that ,even though your bullying and lying behaviour shows no improvement,not even an ounce of contrition for those you mislead. I told you at 400p this would encounter big problems ,and gave you good reasons as to why.

Kamani is on borrowed time,his wasteful and borderline corrupt tenure is coming to an end. Falling sales,increasing losses and accessing capital at extortionate rates will see to it. Debenhams is a small ,but, growing part of the equation,but time is running out for that to have an impact,despite them and the shareholders banking on this small component. The battle ahead looks futile,as anybody with an ounce of sense can see the real situation now confronting the company. Mike looks to be the only credible game in town,as the alternative does not bare thinking about. Time is running out,and the road ahead is rocky and coming to a dead stop.

The company in deep trouble and now buying time with capital they are paying excessively for...They have no time....no credible plan....and the fact is Mike has cash...time and no doubt a credible plan...but...he will want to extract a big price for what he can offer...but better than Kamanis slow death of the company(it might not be that slow going forward it could just crash very quickly)....

Investors need to be realistic and face the facts. 1. The company is in serious trouble and losing money 2. They are losing market share..3 their reputation is in tatters. 3 they are on life support and accessing capital at excessive rates.4 The labels and any value are going down all the time. 5 The Kumanis are out for themselves and care nothing for shareholder interest 6. Mike will move ,but, only if the benefit is his and he is buying cheap. 7. This is a race against time for the company and the situation is dire.

The Kamanis will try to hold on and extract all,or as much as they can,of any value,much the same as they have always have very successfully done,all at the expense of the mug investors. They do view the shareholders as mugs...and the company as a personal vanity project and fiefdom to be raided for their benefit,in my opinion.