Member Info for Scoutt

Expect major shakedown on Wall Street today with good Friday and bank holiday Monday and a massive recent rise, things should start heading south anytime now and accelerate on New York opening. Ggp in decent position as gold is pretty much immune, in the coming days take a look at Starvest and Primerous as both have significant holdings in ggp but price does not even reflect their ggp holding with everything else in for free. Both have painful spreads at moment but in the downturn spreads could fall to single digits and present a buying opportunity. Good way of owning ggp but with a bit of insurance, as always don’t take my word do your own research.

This at the moment is joined at the hip with ggp, keep an eye on ggp news later this month, if there are step outs at haverarion and better still open in any direction, ggp and Starvest will fly, the good thing with Starvest is you get a bit of insurance, not totally dependant on ggp. keep the faith this really has to be worth 10 p in anyone’s books.

As always, events dear boy, Palm just announced corvid shut down until further notice so spend the time to evaluate and get back in at a later date. I am there for the turnaround, just hope NC do not shut down drilling as this would put pressure on share price.

Unless the BOD have filled their boots there is bound to be value here. Never sure with an unknown management but prepared to give them the benefit O T D. Be interesting to see how this develops, nothing much to see here until news. I would be interested to know if any followers have any detailed knowledge.

USA needs urgently to upgrade 4g and install 5g as many areas in painfully slow areas, can see Fed Wireless stepping up and providing solutions quickly and cost effectively. Only a matter of time before the value of Fed Wireless sinks in to the internet providers and it gets snapped up for a multi bagging amount to ALMs share price now, that then leaves the other odds and sods.. By the way the really big elephant in the portfolio is Spin Memory, as this is a game changer on a scale that ARM were a few years ago. Do not sell at these levels, Fed Wireless will be bought out and you wouldn’t want to be out when that happens.

Bought in as a play on Ggp up 13% today, numbers seem incredibly cheap 85 million ggp shares valued at 4 million plus, as well as all the other stuff, and Starvest market capitalisation 2 million. Could someone please explain the discrepancy? Candy and babies come to mind.

Should have also mentioned Primerous as well as Starvest for the same reasons, but in my opinion not such a lucrative buy. Prim will make a lot of money for you but not quite as aligned to ggp share price as Starvest. Again as always don’t take my word for it

Starvest hold 85 million shares valued at about 4 million as well as many other profitable investments in other Gold miners, current capitalisation is about 2 million. No brainier buy some, it is a bit difficult to build a holding I have gone for several £2000 trades and the spread is a bit painful usually about 10% but if you are prepared to wait this is money for nothing and the chips are free. The last time ggp were about 5p Starvest were about 8p so a lot of catching up to do..As always don’t take my word for it DYOR

FT this morning states banks are undercapitalised so expect another bailout, as always they are not a part of the solution but part of the problem. This has obvious implications on price of gold, if crisis of 2008 is anything to go by gold will be $2500 -$3000 by the time we start getting gold out of the ground. By the time we are at peak production gold will have doubled and the profits up by a factor of 10. So hold for gold, if you do require cash for whatever the reason borrow at rock bottom prices but keep hold of this share with white knuckles, opportunities like this don’t come often.

Just topped up in Starvest they hold 85 million ggp as well as much more , all for a capitalisation oh £3 million. Seems a geared play on ggp with extras thrown in for free. Check it out but as always don’t take my word on anything DYOR

Read in FT fund managers desperate for quick fix to ameliorate losses on their holdings, one method is small cap with potential where taking a holding of say 3% will materially affect price and the funds NAV. A lot of funds are precluded from trading on AIM but some are. Seem to recall A Mr Woodford using such techniques to offset the basket of duck eggs he held in his “portfolio”. With Ggp you get relatively little % downside v massive % upside, if I were running a fund that’s down 50% plus I know what my next trade would be.

Wether or not anything comes of the Corvid 19 testing is very much a long shot gamble as every other pharma research group is also searching for the holy grail. There is a lot of value here as evidenced by the purchase of shares at 26p by members of board. Was here months ago at 35p but exited on rights issue not offered to PI’s, anyway at 15p couldn’t resist and got back in, hoping for 30p shorty term.

Thinking of applying for a £250k loan along with her indoors, we each employ the other as consultants, incidentally on a £250k salary at a year contract and promptly file for insolvency. Are the Banks open today?

Tighter than of late, not expecting news for a while but when it comes it will be way too late to do anything except curse that you didn’t buy while you could. Still waiting for gold to make a show roll on $2000 that should gee things up around here.

Never listen to Goldman on anything, but do what they are doing, gold down again. Long term gold must break $2000. But short term it could be in for a rough ride. Very worrying about Ggp stopping developments, how long before NC do the same, there could be pressure on share price until we are in more certain times. I am holding for gold but will not be considering topping up it gets to 3p.

Could be painful today but looking at topping up at 3.5p if it falls that far. Havarion is the main event the rest icing on a very profitable cake, see the delays for what they are, the main thing for me is NC is still beavering away. Did anyone else note “we have earned 40% already” implying to me, that they will eventually want to earn the full 100%. Wishful thinking on a bad day.

Worst thing at the moment must be to have a lot of debt, even worse unserviceable debt. Once the proportion of hedged sales are complete they are either going to sell at market making a loss of 40$ a barrel or hedge at close to zero, meanwhile debt is rising and debt to equity is rising even faster. Do companies like Shell have Covenants? They could of course try selling parts of company into the global firestorm, good luck with that. No the easiest and least painful way to try to get a handle on debt, will be a cancelling or major reduction in dividend, just what our beleaguered Investment industry don’t want, some of whom may reduce holdings. Any major selling in this market will on bad days exacerbate falls, I can see this going to 600 fair value, 400p on a bad day. Sobering thought is that all oil majors are in the same holed boat.

Financial Times this am says that Saudis and Moscow staged this price collapse as a strategy from game theory, forcing small and “expensive” producers to the wall and breaking the the American shale producers at the same time. Question I have is not if the dividend is cancelled but when and for how long. Expect this to tank over next couple of weeks. Storage facilities are nearing maximum level and once full, crude oil becomes a toxic waste product that you will have to pay to get rid of. Not my words (except the last bit), but the FT no less. Get out now and stay out.

Most gold miners down this morning despite spot price being static. Ggp seems to be bucking trend - news afoot?.. Long term I am very confident in gold, this is going to be the bear market from hell and the only positive is going to be gold. My advice for what it’s worth, hold for gold, add on any dips below 3.5p and don’t be tempted by cheap stocks particularly oil.

Financial Times this am says that Saudis and Moscow staged this price collapse as a strategy from game theory, forcing small and “expensive” producers to the wall and breaking the the American shale producers at the same time. Question I have is not if the dividend is cancelled but when and for how long. Expect this to tank over next couple of weeks. Storage facilities are nearing maximum level and once full, crude oil becomes a toxic waste product that you will have to pay to get rid of. Not my words (except the last bit), but the FT no less. Get out now and stay out.