Member Info for sasa43

Hi Geng and a Happy New Year to you & yours and all on here...
My T/A skills are next to zilch I have to admit but I freely acknowledge that many pros are mindful of it for timing / inflection points, etc., so your cautionary comments are useful / duly noted.

As I said in my reply endorsing Rover's response to Mr Flibbles request for an additional Nickel play to consider alongside AMC, I do regard HZM as being the best stock I've come across to augment his exposure in the nickel space right now for the brief reasons I outlined.

Whether HZM's current price is an ideal entry point, from a T/A perspective, I don't know but if they announce the details of their funding package shortly (it's somewhat overdue, if anything) the current price should be rapidly left behind.

Ergo, apart from the possible T/A 'risk' that you cite, HZM shs look very good value here to me - just my take, anyway... ATB - sasa.

Endorse Rover's suggestion of HZM as an additional Nickel play on AIM, Mr Flibbles, fwiw...

Horizonte's Brazilian assets are significantly larger than AMUR's and they're close to concluding their funding plans, so a good play to run alongside this one - both very cheap, imv.

Whilst I don't normally cross comment on other stocks on a dedicated bb, you did ask and, yes, I'm in both, of course - sasa.

Hi Org - if SNG receives an offer they consider to be worth considering, the Bod will RNS that development and offer their opinion on it to shareholders (often dismissing it as undervaluing the business at the first attempt) and the sp rises instantaneously on that news as to the possible outcome.

If an offer price is mentioned, the sp will reflect that and somewhat more if a counter bid is considered likely - if a deal is agreed, the Bod will then pass their recommendation on to shareholders via an RNS and the sp will probably settle down around the agreed price level after a vote in support by shareholders or otherwise.

If the Bod cannot recommend the deal but the offeror wants to go over their heads / directly to us shareholders, it's what's known as going 'hostile', sometimes offering a bit more to entice shareholders to accept it - the sp will reflect that and the likely outcome, too.

Only if you agree to the offer terms and it succeeds ultimately, will your shs be acquired by the offeror - otherwise, you're free to sell them in the mkt at any time in the usual way - that's the gist of it all, anyway - sasa.

Hi Tattyhead - I think the latest fund raise was for £87m gross - net £80m after expenses to add to whatever they had left in the bank from the previous one - sasa.

Quite right, Jack - "If you can't stand the heat, get out of the kitchen', as the saying goes... sasa.

That's right, BarryBP - they omitted to mention the recent fund raise of a net £80m odd on top - sloppy journalism again, as has already been mentioned - sasa.

Dogberry - it's pointless comparing Nickel with Gold - no metal pays income until it's mined and sold and the producers of the stuff can then pay some income to their shareholders.

Gold's 'allure', as you put it, is unique, in that peeps flock to it as a safe haven when mkts fall / inflation is rife / the US$ weak etc., for a variety of economic reasons, too, not least all the QE we're seeing right now - call it a 'funk hole' for scared money, if you like but it's an immutable unit of exchange recognised as such the world over and has been so for over 6,000 years, at least...

Ni, like all base metals, have various industrial uses and demand for them is subject to economic cycles; we seem to be entering another potential commodities boom now with Nickel being in the vanguard of the EV revolution / battery storage / clean grid requirements, etc., gathering pace...

Perhaps compare AU with AG which is a 50 / 50 industrial / precious metal much sought after, too, or better yet, NI with CU on industrial demand prospects but do compare 'apples with apples', at least - sasa.

Which might explain why we've seen no material tracker / fund buying of PUR yet.

From Monday onwards, however, I'd expect demand for this new constituent of the $GDXJ to manifest itself in order for them to be able to mirror its 1st Qtr performance - sasa.

Echo that view, Ghia - my view entirely, fwiw... sasa.

Yep, echo Tim's comments there, Ranger - hope all turns out well for you and your family very soon - sasa.

Upomega - I don't want to have a spat with you over Christmas, especially but I fail to see where you're coming from, tbh...

You say that you got into this some ten years ago like me, around 30p or so, as I did - since then the sp has quadrupled so over ten years that return is pretty impressive, yet you say 'that's not very good for those buying in then'! That's certainly better than many others' price performance and noticeably superior to the indices over that time frame. N.B, the eps have gone from negative to 24p ps since then and it's now paying a 3p dividend to boot (8 x covered so ample room for an increase on that next time)...

Then you say, 'if we'd bought in around 6p we'd have done much better, post the BKR deal some two years ago' - of course we would have done had we known that that was to happen but we're not clairvoyant, otherwise there wouldn't be a mkt in shs at all.

Not so good a price performance since that deal, I agree but that's very selective over the decade involved here and who knows, they could well be trying to do another such acquisition right now; they're still on the lookout for another astute purchase, as we know but only at the right price.

As for 'going private if existing holders find it insulting that other investors feel unhappy with the shareholders' returns of late', you've lost me there completely, I'm afraid - they're much more likely to seek promotion to the main mkt which is their stated ambition at some point and that can only boost the sp if and when that's announced, probably after the next big deal...

Anyway, let's just leave it there; you carry on moaning and I'll remain content, pending the many upcoming developments that we're all aware of - sasa.

Wasn't going to bother today but thought that I'd just check in to see if I'd missed anything useful - clearly not.
Upomega, you continue to lament almost everything this Co has achieved in recent years and insist somehow that they recompense you for the sp not performing as best as you'd hoped.

Just remember that the BoD run the business, not the stock mkt's reaction to their achievements - a credible CAGR for shareholders' benefit is their goal and they've certainly achieved that over the past decade that I've been invested here with a fourfold increase in the sp reflecting it.

You say that you've been involved here for that long, too, so how come you've not seen the same return? Unless, of course, you've been caught on the wrong side of the fence too often in trading it, in which case it would be your fault, again not the Board's responsibility - sasa.

Yep, you, too, NewK and all on here and elsewhere - sasa.

Quite so, Maverick - I don't think upomega will ever be happy investing in shs unless they perform exceptionally well in the short term to mollify his impatience.

Find me a better stock than this in the O&G sector for value and I'll seriously consider it. Meanwhile, the stats and the potential here rule in my book - sasa.

on here, dickupham, Mommur & RELLIM, I have to say and I echo their take on things right now and am happy to join 'em, fwiw...

Now's not the time to lose heart, just because the sp languishes for a variety of reasons - it rarely reflects current worth and certainly not the potential here, given all the benefits to accrue as things stand, never mind any opportunistic deal SQZ might yet announce to our advantage.

A friend asked me the other day why Serica seemed to have lost it's mojo? I replied that it hadn't - 'the yield is going up after all; don't forget' - he seemed satisfied upon that reminder but my wit, alas, clearly passed him by!

That joke aside, I think there's a good chance of a decent divd hike next time, given the 8 x eps cover we already have and even a modest improvement in the net distributable at the Y/E should facilitate that prospect quite easily - maybe an annual distribution of, say, 5p ps?

That would be a good sop for us patient LTHs at this level, would it not? Although SQZ's not an income stock, per se, a reliable 5% yield in this income starved environment would be quite something to augment our appeal on top of all the other plus points we have upcoming, imv.

Just sayin'... sasa.

Just seen your post, Bladerunner and echo all the good wishes for you on here - sasa.

Hi Henners - quite agree with that differentiation betwixt SNG and the appearance of many other 'newbies' in the bio space of late...

Another important distinction is the therapy that Synairgen's been finessing for years now, rather than a test kit or vaccine, the latter being what the mkt is obsessed about, albeit understandably so...

Every efficacious effort, from whatever direction, to thwart / identify or kill this thing is to be applauded.

RM and his team's efforts now appear to be on the cusp of paying off handsomely in resisting covid's worst onslaughts upon us which is quite ironic really and very timely, given that Interferon B's main target was primarily to alleviate COPD - it's now a twin - barrelled therapy ('two birds with one stone') and he's confident that 'our time has come' as he stated recently.

Let's hope he's right as they certainly deserve to be after all this time - sasa.

Hi Trek - Yes, I'd agree that todays sp weakness is probably strategic to accommodate the forthcoming Junior gold fund / tracker buyers, now that PUR's in the $GDXJ, as they have to ensure their proper weightings in it, henceforth - sasa.

Thanks for that, taxon - don't forget the AG, as well...

I see that in yesterday's Sunday Times, business section, they listed the 5 top picks for 2021 by major Instos and POLY was in the top spot - doesn't surprise me really but it's nice to see they were their No1 choice, nevertheless... sasa.

Thanks for digging that out, flex; I thought it was pretty early next year, i.e (Q1)...

Hopefully, Serica's already applied for another extension to get the 'ball rolling' again as Joe Biden will be in office next month and he's not too fond of us Brits - sasa.