Member Info for Pickuzawinnah

Yes, I think Starbright might have chosen the wrong week to give up sniffing glue. Lol. But I think they make a fair point about silver and UFO.
WHen you look at the profile of the company and its current activities, silver is dwarfed by iron. A year or so ago it was being touted as the best micro silver player to watch out for (etc) and San Celso will certainly contribute. But the main silver-related point for me here is the Tailings which should fund activity through 2021, reducing or potentially eliminating the need for any placings. Which, should really offer reassurance to investors.
Tailings to fund 2021. JV on the iron to fund 2022. And, of course, we don't know where UFO might strike next. Permission in Greenland ? Acquisition of a new site ?

Haha. Yes, best done in Kindle than on Google images.

And just to expand on Clintek's post . . . I wouldn't rush to state that "Vaccines killing the virus". It's certainly appearing to have a drastic effect on transmission. WHich is great because A/ it reduces the threat and the impact on NHS, B/ it means the NHS can shift back to providing health services for all other diseases, and C/ the fewer people infected, the lower chance of dangerous mutations. But the common thinking amongst health experts is that it's going to be endemic - it'll be here to stay but we'll manage it with annual boosters and gradually just accept it as a risk for octegenarians.

Sorry to be boring, but let's keep discussion grounded in dull old reality.

Also, it would be amazing if the SP doubled by end of April. THere wouldn't be many people happier about that than me. But I think we'll wait a while longer. More likely late summer, imo. But then I didn't think it'd reach 40p until early April.

Sorry - long, boring post. I bet the traders didn't even make it through the second sentence.

Onwards and certainly upwards.

Sometimes a share is complicated and full of ifs and whys and do-you-mind-if-I-don'ts.
But this time latpulldown has had it absolutely spot on for weeks, and it's simple: buy, hold, enjoy.
I've been in since last autumn when the board was like a ghost town, but based my purchase on simple commercial reasoning:
1. INTU (major competitor) has gone, but Gov't does not want to the negative PR associated with letting the high street wither completely - therefore likely to offer financial support or make allowances in budget.
2. HMSO has been hammered but raised enough cash to see it through 2021
3. Post-vaccine, there's going to be a LOT of pent-up demand for the shopping experience - online is convenient but dull, people have grown accustomed to face-masks and steriliser, etc.
4. There's a chance for HMSO to renew its strategy in a post-pandemic world - which it appears to be doing (Debenhams sites).

That all still holds true. The NAV is worth 82p (min, according to latpulldown). Morgan Stanley have built up a significant stake - when they sold today it was a fraction - and other IIs are likely to join as we approach full reopening.

Today the SP dropped a chunk. Fantastic buying opportunity for people who arrived late in the day.
Nothing complicated about this one. Buy in. Hold for a few months.

@ximtwo - if you really are a novice at this then can I offer this advice ? Buy a book.
"The Naked Trader" is an excellent starter in terms of getting to grips with all the basics. It's less than £10, and will probably save you a hell of a lot more than it costs. It's accessible to a new investor, contains a lot of solid advice, and explains much of the jargon.

Market makers drop the share price to encourage some people to sell. This means they can acquire shares at (say) 39p, which they can later sell at a higher value or to accumulate for a large client. It often means the price drops around 5-10% which unsettles some, or crosses others' stop-losses (triggering an automatic sell) which can bring the price down a little further.

You'll often see people on the board here advising to hold, and that's simply because the more people that sell in a panic, the further the price drops which affects everyone. but, worse, when it bounces back up, it becomes very difficult to buy back in and so you can find yourself nursing a painful loss and unable to benefit from the bounce back up.

With AIM it's a nightmare. On FTSE I gather it's less common. I haven't yet read this morning's posts, but I interpret today's correction as a bit of profit taking. Last couple of days has been a bit full-on. Still plenty of good stuff ahead here.

Similar story, mainstreet. They clearly have an effective drug. They've clearance to sell in various territories. The recent cash-raise has clobbered the SP - which is very unfortunate for LTHs, and I've been there a few times myself - but left them cash rich to fuel expanded sales activity. Of course there's always risk, but it looks like there are many positives. I'm in at 39p and currently planning to hold for the rest of this year.

News I saw this morning. On its own it might not mean bonanza time for EQT and its shareholders, but indicative of the continuing trend as investment funds switch to green tech:
https://inews.co.uk/inews-lifestyle/money/nest-pensions-plan-invest-clean-energy-infrastructure-next-decade-904091
In case the link doesn't work - the gist fo the article is that one of the UK's largest pension funds is investing 1.4Bn in renewable and green energy - including biomass, solar, and wind. HSBC roundly criticised for its very long timescales for continuing investment in coal fuelled power generation. The macro forces are in our favour.

been posted a million times but to save you trawling back, it's the 29th March.
And it's the preliminary hearing where they set dates for the actual hearing. Could be settled before, but I'd imagine both sets of lawyers are making a strong case to their clients for proceeding (in their own best interests, of course).
I've wondered if there's a further option where both parties sign to a joint licence agreement in the North American Territories, enabling both to proceed together, with minimal cost and disruption.

This is what DG12 posted three days ago at 14:25 with the SP at 1.45: "90 day future moving average 2.987p"
Today's a tree shake or a profit take. Either way, imagine you could roll back time to last summer and buy the shares on (say) July 10th. They'd fallen on the news of Ares (anagram for something there, btw) by about 30% to .48p.
Definite hold here.

Any clues as to what's behind this ? I posted the other day that as soon as VAL dips to the high teens it comes roaring back. But are we anticipating an update on 201 or 301 ? Or just the 1-month since director purchase ? (I say "just". Last August the director purchase at 8p precipitated a rise to the 50s - ahhh happy times).

Awesome - thanks for the heads-up sanlorenzo. Might catch you on another board.

Fair point. I was referring to the first one a few months ago. But yes, I see your point about dilution.

And the scrip has turned out to be a win/win. Great to see a positive market response. Next month should be good as more join the party. Have a good weekend all. Hey, only four weeks til the shops open.

Couple of thoughts.
Wents reminds me of my ex father-in-law. He was just so negative all the time. Didn't matter what you asked him or what news you offered, he'd find the complaint. When we had a baby, we showed him and said "This is your grandson" and he replied "Oh. Yes. Lovely . . . Have I told you about my irritable bowel syndrome ?" True story.
Secondly, if the share price is up at any time in the next few days (which it has been 9 times in the last 22 days), wents - do you think you can start a thread with the day's increase in the title ?
Thirdly - I stated earlier, news is expected (as opposed to a complete bolt from the blue) so MMs have plenty of time to figure out the tree shake in the lead up. So my advice to holders would be: don't set a stop loss.
And finally, I know it's been said before but if EUA finally reaches its conclusion, holders might throw another log on the UFO fire (amongst other stocks, of course) further fuelling the SP.

Have a good weekend ahead folks.

Note to self. This is the third time in the last few months where the SP has dropped under 20 for a couple of days and then bounced. Last time that bounce was 30%+ but short-lived. If there's a next time then, trader or investor, it's a no-brainer to top up.

Yep - if there are no surprises tomorrow then the results are in line with recent update = confidence that the board is on track and forecasts/predictions are valid. If there's a nasty surprise then it's a different picture. The next significant event will be UK shops opening (remember HMSO has ops overseas) in April. Feeling good here.

Did they really reduce their holding two days ago ? Someone's going to be in detention writing "I must not sell too early" a hundred times. Just pleased to see it's not our friend CB !
Anyway, it might be time to dust off that list of EoY SP predictions. Only joking. But definitely love to see it republished in November for fun.

Rhodium's a critical element in reducing emissions, isn't it ? So if solar power relies on silver, the same may follow. Maybe not to that extent, though !
Just a thought, but as we anticipate news, might the MMs play silly beggars with the price to capture a few soft holders at low prices before it rises ? (making the assumption of a rise). If so, we might all do well to mind short term volatility . I've noticed the bid gets shifted in .05 increments showing a more dramatic change as it fluctuates in this 1.0 - 1.1 holding corridor. Just a thought.

Now I don't want to be accused of ramping. But has anyone else noticed that Chris2 hasn't posted since Tuesday. And St Tropez dropped a copy/paste into the UFO board ? Could this be a precedent indicator of SP movement ? Lol.

More seriously, UFO tweet is a very welcome signal. And if we're already 10% under analyst's hyper-negative valuation, then anything over 5MT and 50% will be very welcome.