Member Info for Pickuzawinnah

"12-24 months from now, that’s where the yachts and holiday villas are." - really made me laugh. Not in derision, but in agreement.

I think I made a similar point a few weeks ago. just checked back on Chris2 and saw late Nov he was criticising Max111 for ramping. The SP was 1.25. Four days later it was at 2.35 - a near 100% increase. (Cue Chris2 pointing out today's SP as "proof" he was right). But, yeah, why this obsession with UFO while RMS - where you actually have money - is showing similar volatility ?

Thanks latpulldown (your name suggests a huge, hulking dude). The PM today does make it seem sooner than they had been communicating for the last week or so. So maybe you're right, and I hope you are. The point I'm making is whether the priority four cohorts will have received both jabs. Roughly speaking (there are variations and I can't be bothered spending 20 minutes sourcing the precise details), the first job gives around protection to about 60-70% of recipients, but the second one is the one that does the trick above 90%. And would that take longer than February to administer ?
I genuinely don't know, so I am just asking - no agenda. If it IS 8th March or thereabouts it'd be great.

At the risk of dampening the positive spirit - let's be clear, that's 4 cohorts of the most vulnerable receiving their FIRST dose, isn't it ? Still tremendous progress and an important step in the right direction. We've got to be looking at May/June as roughly when the most significant retail restrictions will ease. Possibly earlier.

I never thought I'd be considering increasing my holding in BMN because once in the region of mid 20s, I just didn't think it would be in the teens again. It's like suddenly finding three Cadbury chocolate fingers in what you'd thought was an empty pack. Rude not to dive in !

Yes. Let's look at Woolworth's, Blockbuster, BHS, Toys R Us. All gone LONG before Covid. All been replaced.
Even in 2019, there was Jessops, Mothercare, Thomas Cook, and Patisserie Valerie.
Churn is in the nature of retail. In many cases these business failed to innovate, carried too much debt, and were simply overtaken by fresher competitors. I remember similar doom around the credit crunch.
Without a doubt the pandemic has added an incredible burden in the sector, otherwise the SP here would be in the 80-100 bracket now. You may be right and see the SP at 15p Gusto, but I very much doubt it (I have been known to be wrong, of course !). The fundamentals are certainly strong enough here for Hammersons to ride out the storm, so concerns about liquidity are hugely inappropriate.
I'd predict we'll see the SP sway between 19-26 for a couple of months, maybe dinking lower or higher briefly. So there may be profits for traders for a couple of months, but one day soon there will be a sustained take-off as social commerce returns.
All IMO. Usual caveats.

A sign of how fed up we're all getting: S1mms was careful to confirm the year on his prediction.

Great post, Boyzer1969 (at 10:47). I made the rare decision to recommend UFO to a friend on exactly the basis you describe. Put your money in, ignore the ups and downs in Jan/Feb because it's like horses shifting around on the starting line. The flag will go down in a few months. THEN you can check the price.
UFO is my largest holding, averaged at 1.2. Today it's my worst performer. But I'm confident that won't be the case in the summer.

But isn't this one of UFO's key points from an investor's point of view ? Diversified across three projects. It only needs one of them to propel the price significantly. Two out of three would be incredible.
Oil_Beast - love your jokey ramp of 10p by March. If you'd added "2022" then maybe you'd be right.

Just out of interest (oh god - what response am I inviting ?!!), why would people filter someone for holding/communicating a contrary view ? I've been tempted to filter complete idiots before - the kind who aggressively argue or post unsubstantiated opinion as fact (ramping OR deramping) like "Company's going nowhere" (but usually not spelled so well). But I've never actually filtered them because they might one day post something really helpful.

Just skimming through "whatamess"s posts this evening I can see there's at least information and evidence to back his position. I don't WANT to agree with his hopes because I'd be on a 30% loss until the SP recovered. But if there's genuine insight to benefit investors then wouldn't filtering be like closing one eye in a fight ?

Hey Morgan22 - mind the rather startling post-headline, eh !
You're in at 24 and seen 10% drop. A further 20% drop would take it to its lowest ever level (16p late Sept in the wake of Intu). Now, in the real world, the vaccine is rolling out. I am a very long way from being an expert but if it does drop further then I really wouldn't worry (up to a point). You will almost certainly be in profit depending on the timescales. Headlines about ASOS buying Arcadia suggests there's plenty of life yet in retail - in particular the big retail experience.

I think you'd originally asked what the chances were of an increase to the 30-40p range and at this point in January there's much crystal ball gazing going on but I'd target July/Aug for that price. "Always in motion the future is" said Yoda. Shortly before adding "But if Hammerson can remain funded and continues to see rental income along similar lines to H2 2020, then we might see 50+ by year end". All IMO of course.

at something like 1.3 a few months ago convinced it was about to fly.
Held for a few months watching it dwindle.
Eventually sold for something like 1p. And a few weeks later it rocketed. That'll learn me ! :-)
I hope everyone else here has been served well by the rise. Patience is the virtue.

And you won't be alone, dadean !
I managed to somehow snag HMSO when it hit 16p (one of those rare moments when you DO actually hit the bottom price). A couple of weeks ago I'd thought we'd see a retrace to 21. I'm now thinking we may dink into the 19s. Maybe even the 18s. but what a chance to top up ! We've already seen the appetite for a sustained push to 28 or thereabouts. Fully expect we'll see that and more. And with a longer time frame a LOT more.

Yes, exactly DGR. I'd assumed a flood of speculators but glad not to see it because I think they'd sell out next fortnight because they cannot wait until end of Feb.

Being honest, I had thought today's RNS would be the starting pistol. It's a very very good update, confirming we're fully funded, with progress on several fronts and suggesting other significant opportunities.
Assuming BB is not overselling (and under-delivering), I'd expected to see the flood of buyers arrive and the price rocket. I'm actually glad it hasn't. A steadier rise is always more healthy. but I've made a note in the diary to make sure any top ups are made before mid Feb. Because "Results from sampling are expected in late February 2021".

That's going to be the first step on a ladder for 2021.

Hindsight would be ideal. Still, if you're happy to ride it out for a couple of months the bounces become irrelevant. :-)

You may be right, sharepricer. But as risk switches to results with a couple of RNSs on commercial progress in Feb and March, I think more investors will be comfortable joining in and we'll see 3s by Easter. Just depends on the balance in appetite between taking profit or holding for bigger gains.

@ibroxonia - if this gets to 1p I'll buy a hat and eat it. Simply some volatility as people take profit. I'll admit I am surprised at the size of today's drop - especially when Joe Biden has just rejoined the Paris Accord and made clear statements about driving green energy - albeit USA is a (currently) small market for EQT. But we'll be back up to the high 2s soon - maybe this week - and then into 3s.

I think it's just frustration. Many on LSE are looking at rapid day/week volatility to make trades. BMN is a great prospect and really ought to be trading at a higher price but it's a slower mover and I think that's contrary to some people's expectations.
Others may be frustrated but I am happy to stay invested throughout 2021 because I believe we'll be much higher in a few months.

Hey, Eeyore.
It's probably the right move to just sit on it for a while. Probably.
I've picked my fair share of dogs, but this one just doesn't feel like one of them. Between the iron and silver there's two reasons why this could be a money-spinner in 2021. if they're both positive this could be extraordinary. (again: "could be").
It'll be like flying through a storm; you just need to be prepared for turbulence but confident you'll get where you need to be and try not to bail out too early. (and for the purpose of analogy, I don't think we're in a 737-Max).