Member Info for Saluc

@tomorrowtoday, the share price has fallen since June 2021 you didn’t need a crystal ball to predict that it would continue dropping yet you still invested. Name me a graphite mining company on TGR’s scale that is doing well in the market, could it be that this is industry wide depression or are they all corrupt and out to get the shareholders?

So the company is pulling the wool over investors eyes, including Barclays, HSBC and the Royal bank of Canada to name a few??

https://simplywall.st/stocks/gb/materials/lse-tgr/tirupati-graphite-shares/ownership

Still averaging down personally, can’t believe I’m getting in under 7p. If I were to listen to the likes of tomorrowtoday I would be selling, wouldn’t surprise me if they are the ones mopping up the big buys today after reaching a satisfactory price

Interesting to see top 25 shareholders as of 1st sept 2023 including Barclays who had or has over 1.7 million shares -https://simplywall.st/stocks/gb/materials/lse-tgr/tirupati-graphite-shares/ownership

Maybe poor governance but very unlikely illegal or ulterior motives with such established institutes invested in my opinion.

A lot of people talking out of their pocket in my opinion. Compare the company in 2021 when the share price was £1.45 to today around 8p, a stronger position now imho with a lot of growth between then and now. A lot of speculative and emotional opinions on here instead of taking the time to read through the numbers, the company needs to be in a stronger position to be able to capitalise on the forthcoming graphite shortage and that requires reinvestment.

Yes I actually agree with you on this, what is your take on why there was a 721K buy and then sell?

1,637,257 volume traded yesterday

I believe money is going where it should be, back into the company. Managements big selling point is that they are targeting 8% supply, we are no where near there yet but as everyone can see in the audited yearly statement, assets have grown substantially year on year.

In my opinion that is what we want, not only are we producing and selling, we are growing with tight budget constraints. Remember the company could have just as easily sold off assets (which they said is a option) instead of diluting shares, timing wise it felt it should of been done earlier as a few others have mentioned but definitely the better option imho.

My average is at 16.9p, I’ve been stung like most on this forum but still averaging down. Do I believe management have contributed to TGR’s downward spiral, yes I do. I believe their lack of communication and overpromising has had an effect on trust. Rightly so but do I believe they have been acting unlawfully, absolutely not otherwise I would cut my losses and move on. I think you need to take into account the bigger picture, the industry as a whole. Look at Syrah share price a year ago today compared to what it is now, to be getting into TGR at todays current price could be a bargain.

More scaremongering.. without fully going into your post as they are pretty hard to follow. In what world would a group of serious investors aiming to open a lawsuit use a “no win no fee” lawyer? Perhaps too much day time tv for you and your not so vocal followers.

I might add, you seem disgruntled that management are no longer replying to you emails, personally I am relieved as I believe engaging with you would be a complete waste of their valuable time.

What makes you say that?

If this bloke gets replies he doesn’t like he deletes the post and reposts it the next day, take everything he says with a grain of salt.

I don’t think anyone expected this company to be an overnight success but yes the steady downward spiral has been difficult to stomach at times, personally I am working my average down as I do have faith in the company and Mr Poddar.

There are genuine criticisms that hopefully the board do address - communication to investors and keeping targets realistic being my key issues. IMHO a lot of the criticism on this forum is bizarre, the attacks on Mr Poddar for being a successful businessman I find laughable. We are well aware he is not only involved in this company, as I understand TGR benefits from him being in the position he is.

@tomorrowtoday, are you here constantly bashing TGR and the Poddar’s out of the goodness of your heart, putting off prospective investors. Or are you trying your best to devalue the stock so you can get in a little cheaper? Either way it’s exhausting to see everyday.