Member Info for samval2403

AM90,

I've been saying you're right for a while now but I think we have to accept on a high, varied and frankly hard to predict inflationary environment this project is no certainty. Market has told us it's not interested in it. If Claude can't get a fairly paltry £3m for a project that's already £25-30m deep and found gold the whole way the market is telling us it's not getting mined in this environment. Bottom drawer for now for those still in.

0 seems most likely possiblity now bankrupty

Didn't even see anyone on X comment either. Couple of chartists had stuff to say but that's it.

Looks like Ed has plans to pitch at an event, maybe a better move to get a new crowd in. The crowd didn't look too big from the photos posted.

It was something that he mentioned on the call, I've had a look at the event and it doesn't seem to be something on the agenda.

Ahhh well, event sold out it seems. It should be the easiest pitch in the world for new people, We've got £6.5m in cash and equivalents, £7m in investments and you can buy today at £5m market cap.

I think there could be more interest in the companies that are supposedly going to be there to pitch Seed for investment. Perhaps there are 8 to 10 that go and they all look really professional, and have good looking growth strategies. The cash is worth so much of the portfolio that the next investment should be the most exciting thing Seed have for a few years now with the market conditions they buy it in.

In all seriousness is there anyone on the board planning on attending the event that can provide us a summary of what they think's good, what they think's bad the next day? I'd have gone but travel and accommodations aint cheap from the north.

Maybe oftm you could not antagonise posters before they've said anything and they might not have anything bad to say???

Results and the commentary are a nice reiteration of why Seed could be a good investment. Having £2m in Avextra that confidently is still worth that much, £7 mil in cash, equivalents and shares already bought back gets you 4.3p (top of my head) and the rest of the portfolio free at today's price. I stopped keeping track of the buyback, but I think it's been done at a discount to cash overall.

The cash will be invested in things that mostly we can't buy, in a market where the right side of the opportunity now is going to be with the buyer. If the share price doesn't improve perhaps the Matador's idea around closing the fund might just well come to fruition next year.

Gl all

LGP drop makes selling most of Eurox look smarter every day

Michu, I made a mistake here. You were right. I was wrong. Screw the asset.

I think between this and the other AIM pooper I'm in I'm gonna go main market blue chips from here. I'll hold these sadly, as others said £5 an ounce has to be a good bet but I said variations of this when Bill lied to us .

Buyback about 25% done

2.4m they already held Tak

https://www.lse.co.uk/rns/SEED/transaction-in-own-shares-tvr-2ku27sha4zzwgmk.html

He asked someone who also doesn't post on the message boards to post on the message board. Lol

Watched the first couple of minutes today and I'm not exactly sure what he's going to manage to talk about for an hour and a half. I'll watch over the weekend and hope for some good insight.

Wow, how bad is this interview?!

Cannabis is about 25% of the fund now Mat. Avextra being a leading light of it as one of the companies that has a good shot at making it because of their medicinal approach. LGP and NL together aren't as big a pieces of the pie. The cash is the biggest piece, and that's unspent. The cash that is being spent today and in the near term future is being used to buy shares back at less than the cash value of this business.

Yeah I thought it'd hold at 3.5p to 4p range due to that being the proposed buyback average for the full 21.5m. I didn't think people would let them go for less and that'd mean this pushed on as the buyback got closer to it's target. Still c17.5m shares to buy yet. Long way to go for the buyback, but one more lesson from Seed Innovations and the stock market.

Ed going in investing chatrooms, and letting the traders front run this buyback is a little irksome in a way now. Hope to feel differently in the new year.

Back under cash and equivalents. Like Tak said this is actually going well for the fund. They are managing to buy the stock now at a price where they're just getting rid of shares in issue with cash and what's left of the portfolio companies we've all got a bigger piece of.

Simultaneously this is probably the most disappointing drop in the share price I've experienced here.

Looks like they picked up 100k shares tops today if that was Shard with the buy practically on the bell. They're well ahead of schedule and under budget on the buyback, they're gonna slow it down and try and pick more of them up around these prices. Bore the traders out

I doubt it's anything more sinister than the typical by the rumour sell the news type thing Reefles. Blows my mind why anybody would be selling at these prices, maybe the brokers are just doing a good job buying back and not letting it rip

I think the investing genius was right, this kicks on to 5-6p as the buyback finishes. That's where it should be pre next investment for me

Riverboat sounds like a cool dream Reefles. I like it. I'm cheering you on for that! We both need Seed to give us that right price to leave it, 8p sounds good. Will need something to get us excited about before we see it

The point you make Reefles about the shareholders being stiffed over on the NL IPO do kind of prove the point that having cash right now has the potential to be brilliant for Seed. They're having to raise cash at quite a lot less than the last valuation that they had, there are going to be other companies out there doing the same thing.

Seed have; even excluding the buyback money, something like 40% of the NAV in cash. It's shopping basket time, my anticipation levels are pretty high right now... Of course maybe I'm just being prepped for the next disappointment but £6m is probably buying them today what £14m bought them just a year ago.

I've seen nothing but stories of sorrow in markets right now. Seed themselves with Leap, SWB and now NL where they're taking bun business deals or onerous debt and equity terms to keep going. Having 40% of the NAV to be able to get some of these deals themselves; for us, feels like something to be excited about.