The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Keeping an eye on SP as think at 25p the risk reward seems compelling. No news from SPIN or FED, is that good or bad. Anyway glh I may soon join you.
After spending a few weeks studying oil plays risk/reward, made a small investment here, looks very interesting as always quality of management is the decider. Think we haven't seen peak oil yet and with most of the producers trying to exit to polish up green credentials, outlook for oil price is going to be very rosy. I have a few more minors on my radar but would appreciate any suggestions.
there are no guarantees on AIM or small caps, but usually bad news is instant and devastating and doesn't normally get drip fed. I think there is a long way to go before we know exactly whats happening here, in the meantime just await news, either way it shouldn't be long now
I know that Thinksmart has an enormous value gap, I commented on it several times, but I got out early after announcement Tuesday as I'm a firm believer that if you are going to panic make sure you're first. GLH you obviously have a higher pain threshold than me, genuinely hope you all do well.
My main concern with crypto was Political, would the USA sit back and watch the dollar being replaced as the reserve currency. Secondry concern was the energy required to mine bitcoin, currently using the same energy as Switzerland and increasing. I know there are more green cryptos out there but bitcoin in its current guise can never overcome the low number of transactions per second. That's why I'm almost entirely cash and PMs at present. Think the imminent market correction will spook Crypto and PMs but Pms will come back stronger as March 2020. Was invested in mode and did well but writing on the wall in my opinion ditto Thinksmart. Anyway good luck with the day trading, I tried it but too much of a wuss.
Relax and wait for news, worrying about it changes nothing. If and when trading resumes only two questions :
Can the business model equate to free cash flow.
Is there a significant barrier to entry.
If the answer to both questions is yes then:
Whats the best bank account to park £10,000,000 while I await a market correction.
Sold last of ggp after 13% rise yesterday, nipped in and bought sve with proceeds nett 10% extra ggp. Surprised at the lag here, normally the proffessionals give little away but here! We are trading at about half NAV so potential upside is enormous. Think the big rise will come with Biden announcing restraints on Bitcoin due to the huge carbon footprint. Once the daddy crypto is finished the others will not be too far behind and then Gold and other PMs become king once more. Anyway enough day dreaming should see this rerate to low 30s shortly GLH. wonder sometimes if Im posting to myself, discuss.
Got out mid morning at 74p as the uncertainty will be a drag on these for some time, difficult to see how spontaneous purchases can be vetted in real time. May reconsider if and when they get to 38p
Intend to open a small position on Monday. My first oiler for 4 years, think the current green revolution has become a frenzy with sentiment totally outpacing reality and the lack of new discoveries will result in shortages later in the decade. Prices will fluctuate but trend upward. The vilification of the hydrocarbon industry will also mean few of the big names from raising their game. All in all looks very good for oil in medium term.
Mamas and Papas beware days after news highly unpredictable but very good for picking up shares cheap. Looks very much like Ggp in early days whereas they started below 0.3p we were at about 4p. Upside here immense and derisked. Chartist Alchemists have no Input here as market makers define liquidity and rises and falls not a herd of traders day jobbing. Gold looking good and maybe a few bitcoin holders will consolidate gains in the eternal element before governments bow to environmentalists disdain for cryptos carbon footprint. GameStop could be a turning point in the evolution of markets when turkeys were prevented from wishing for Christmas. Once the powers have used a superpower using it a second, third time becomes easier until it becomes the norm.
To double business in a year of plague and reorganisation at least proves that this is scalable to infinity, jury is still out as to whether they can make it profitable, if they can its a Unicorn, if not it will come out in a year or twos time. Meanwhile this is going to rocket, who knows if Redit get hold of it and we get shorters we may have a multi multi bagger. Anyway risk reward firmly on the reward side.
Ageing fleets imply those that have ability to expand will be able to dictate price. Shipping rates have increased hugely in recent months and will manifest themselves in increased profitability. Personally think Bms could be breaking all time highs within 9 months, we’ll see. Gla
Spent a week evaluating prospects and decided to buy in, risk reward seems good and time frame for significant news short. Hoping for copper and gold to cover all possibilities. Excellent jurisdiction so good results will be locked in. Happy to be here for exciting news.
Gone from the sunlit uplands to shade. better to appreciate the up days, and think there could be many, shortly, as Mr Nick Drake put it, "Bryter Later".
Bought in and then got out as I assessed the business model. No moat, reliant on a dubious store of wealth and increasingly falling foul of the ESG police. Short term who knows where hype may take this, medium to long term its tulips.
Buying Thinksmart is equivalent to buying Afterpay for a 50% discount. The market often throws up anomalies like this, the market being efficient in the long term always address these anomalies so expect TSL to track Afterpay and to mend the gap. Another issue that could increase TSLs price is increasing sales when people return to more normal spending patterns, think this at the moment is a free bet.