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Be interested in his response but under no illusions it will be vague enough to not tell us anything. One thing I will say is we need to get away with holding the 38p against SD. this share was artificially high based on out of control ramping and rumour based around scally and damned ignorance around fundamentals. the fact heddle was pulling out on way down was enough of a red flag many ignored (even those dumb enough such as me have an average of 28p and raised the concern at the time only to be convinced by others of my so called madness). He inherited what many thought was a mound of gold (excuse the pun) on top of a little turd, when in actual fact it was a mound of turd with a bit of gold on top. Now the turd is all but stripped away and we are where in reality where we should never have been far from in the first place.
Feel like someone has shoved somert where the sun don't shine with the share - beggars belief that it is back here. I recall all those folks who got hounded off the board for making predictions that were no where near as bad as this. Who would have thought 14 months on even they would have been viewed as rampers now lol. We need to catch a break and sharpish!
That's how this feels to me - 3 years left on the 10 year leases for Icewine and let down after letdown. Have always felt there is the gloss and the reality with this company. Fancy website with bold statements but still making shocking school boy errors with drilling set up 7 years on. People have taken big wages for 7 years and are exiting left before actually achieving anything that is viable. Hope this finally comes good for some folks cos those who have stuck deserve a medal in my opinion. GLA
I (balls deep and down btw) appreciate that others on here may have a different opinion and they SHOULD be heard. Yes, you will get the shorters and cretins but you can't tar everyone with the same brush... There are an equal proportion of LTH (and some prime rampers) whom i feel equally uncomfortable with their seemingly emotional attachment to the share and continuous conspiracy theories not one of which has seemingly come to pass to date... Im sticking with GGP but less echo chamber please...
Beginning to remind me of RR last year this share. Incredible fear put into people on boards from sorters and fake characters and the share walked right down whilst JPM are quietly working on an equity raise and readying clients to fill their boots (which they duly did).
I've got 66% of my worth in this share (which whilst not a lot at all) is still sizeable for me on a relative basis. One feels stupid for breaking rules of investing (don't invest what you cannot afford to loose and don't put too much in one thing) and where as one day i may have panicked here (as am probably now below my average) i have to say i genuinely am just totally calm about this share despite the continuous drops and instability. Sometimes you have to trust your gut as well as do your homework and my gut tells me all will come good here!
Now am i stupid being so heavy in one share YES I AM. Im about at my average
semi interesting piece on Simple Flying on O'Leary thoughts on Easyjet in the future https://simpleflying.com/ryanair-easyjet-true-lcc/?utm_source=pop
Was expecting some marketing/****ging off/positioning type bluster but actually it is a semi sensible set of observations.
interesting line: easyJet’s debt to equity ratio is1.45, Ryanair’s at 0.86