Member Info for sg0913

You're right ByeHi, it's manipulation at it's worst and I'll be left with the feeling that I'm 'giving them away' but as I say, how long do we wait for just a tiny piece of good news from the board. If I thought there was something around the corner it may be different but I just don't see it any more and I don't have the appetite to drop a few more £10's thousands in the vain hope that anything is going to change.

I've been in similar situations, but in those I either trusted the management, could see light at the end of the tunnel or knew it's was a value play...not here.

Ultimately it's my own fault for not doing the proper research and just latching on to what appeared to be a 'bargain'.....lesson learnt!

I have 10 days lined up in Iceland now for a bit of R&R, unless I return to an unexpected bounce that's me done.

Good luck to you and others who are prepared to sit this out but it's not for me....I'd rather stick it in a bond at 4.7%, no stress and a guaranteed return 😊

"McFadden joked about Labour MPs always asking 'who can we tax in order to pay benefits to others', files reveal"

.....and that is the Labour party in a nutshell; crucify the wealth creators and reward the feckless and lazy all for the purpose of winning votes.

Except at some point the business owners, entrepreneurs and high flyers will up and leave and there will be no-one left to milk.

This is why I'm starting to feel that the middle east debacle is just a side issue that no doubt Labour will blame for this countries woes, when in reality it will be them who are ultimately to blame for the where we are now and end up.

'if future sent RNS tomorrow saying they had a data licensing deal with a couple of AI platforms for 25m per annum, this is at £10'

Therein lies the problem, when was the last time we had anything approaching a positive update, we must now be talking years. At the moment everything we hear from the board seems to be an attempt to play for time in the hope that sentiment shifts, I don't believe there is any good news in the pipeline. I'd be grateful for anything at this moment in time that gave a glimmer of hope.

Sorry to labour these points, but as I have alluded to, this share has been brutal for me and something, apart from the dot com crash and the financial collapse of 2008 I've never experienced, certainly not as a 'one-off'. In both instances I, like others, refused to accept, what in hindsight was obvious, which I believe is happening here with FUTR.

Last thing I want to do is bail out now and accept the loss, but my head tells me that this will likely fall/drift for years and will eventually become an irrelevance and will be snapped up for a pittance and taken private.

A 10% drop in a day, with no apparent reason, says to me that this could just as easily fall to £2....what's going to stop it? it seems no-one with an ounce of sense wants to touch this company apart from some manipulative shorts.

I suspect I'll sell out my holding(25k) in the next 2 weeks and move on.....so good luck to those who are in for the long run because I reckon you're going to need it in spades.

with you on that jg.

i've never owned shares in a company like this. still sitting on a £50k loss which has pretty much wiped out profits this year from my other holdings.

every day/week/month you hope for some sort of progress and it just doesn't happen.

despite, on the face of it, the shares look cheap there comes a time when you maybe have to accept that they're not and your heart is ruling your head. if they were cheap someone would be buying a these prices! to think that 2 years ago these were over 1000p, 1 year ago 650-700p and yet this ****** is still in a job....utterly incredible.

i'm just hanging on now in the vain hope that either ying is sacked or the company is broken up and i can at least recover some of the losses but this looks less and less likely at the moment.

thoroughly ****ed off!!

....whilst FUTR tumbles 5% in rising markets....there's literally no end to the YIng sh*tshow.....though no doubt some will still be singing his praises!!

Huge manipulation at the moment.

Reported shorts dropped by around 2% yesterday....then we had those huge trades on Friday, over 5% of the company.

It really is just the plaything of MMS and Hedge Funds for now and will be until we either get a positive update or a show of confidence from the BOD with some in-house purchases.....Sadly I cannot see either happening for now.

Purely down to 2 strong and at the moment significant headwinds Hardup; Situation in the middle east and having no effective Govt. in place in the UK.

Who know with the middle east, everyday brings a different headline, tomorrow or the day after we could see the total opposite from today and the SP jumps 5%, it will be this way until a full ceasefire and the prospect of a lasting deal is announced, which, in theory, should give us at least a 10-15% rise.

The UK Govt. is another matter though. We're now faced with the prospect of 3-4 months of inertia whilst these clowns bicker over who should lead their party....not that it will change anything.....all the promises around change, growth and, in particular, stimulant to the housing market have been shown as a pack of lies. It's got to the stage where I cannot see any prospect of this improving any time soon.

More than double that of other Housebuilders, difficult to see any logical reason. unless shorts having some fun.

Be amazed if it stays below 18.50 for long but a good time to add at this price.

'Basically it's impossible to know if this is a good sign or a negative one unless we have more information'

Fair point TP.

I was taken aback at the size of the trades and was looking for others thoughts on this, but of course without having all the info to hand it's difficult to have an informed view.

One thing, which you alluded to, for any sale to take place there needs to be that buyer, so on this basis there could possibly be a level of re-assurance around the fact that we had a buyer at 3.28 for this, which would indicate a strong support level perhaps(?)

5m shares dropped out of 91m, that is a huge sell off!

No idea who or why but very concerning nonetheless.

A massive short position taken out or an Institutional Investor finally had enough?.....either way, no idea what this means to Monday's opening but it doesn't look good.

I'm not your 'mate' poppet!!

Go and pick an argument somewhere else, I'm not interested in the views of some sad little liberal leftie.

This Government have introduced a series of measures that have killed off any meaningful growth and it's patently obvious that their priorities lay elsewhere; funding benefit culture, Net Zero and throwing £billions at illegal immigrants - FACT!

Thought we were in for along overdue SP re-rating today, disappointing to see it rapidly peter out.

Definitely would have expected a slightly more positive performance today, think we're yet to see a middle east bounce, probably as there are so many mixed signals.

It will happen , just a bit of patience required I believe. It may be tempered slightly though through the actions of this shambolic government whose primary focus at the moment is looking after themselves; the health of the economy is way down their list of priorities.....have to keep those benefits flowing and ensuring illegal immigrants are well looked after first!!

'Ten figure profit' Executioner?

You mean in excess of £1billion pounds? 😂😂

It was exactly that ByeHi, a short term trade, something I've done several times recently when the opportunity presents but I certainly don't have the confidence at the moment to keep any purchases for an extended period.

I maintain a large holding (deeply in the red) in the vain hope that the SP recovers, so if I can claw back some of the losses trading this then every little helps as they say.

That's a significant investment you have (Hopefully not all at fancy prices) and I wish you well.

Let's see where the next month/years takes us, believe me, I would love to be proved wrong about Future's longer term prospects.

That's fair enough ByeHi and that is your opinion, which I respect.

However as investors the bottom line will always be the SP, none of us invest for any other reason than to make money, we can all have differing views but our objectives are ultimately the same.

In this context the performance of Future has been appalling and frankly inexcusable; yes, any investment will have it's ups and down but this has just collapsed.

Until we see a SP that is in the £6 - £8 range then for longer term holders discussion around whether or not the boards actions will see a turnaround are, unfortunately, largely irrelevant.

'Just bombard them with emails, ask why are directors not buying shares'

Funny you should mention that JG, I just emailed them (Ying, Le-Bot and Bateson), for the umpteenth time. I also asked why they never extend the courtesy of replying....I find their attitude unbelievable, at the very least shareholders should be able to expect a response.

Sadly, I think you're correct and that I need to follow your example and literally write this company off , in the vain hope that the company is either broken up, taken over, or the entire board is replaced as this would seem to be the only way we will ever recover a fraction of our losses.

It leaves a sour taste though that each month these clowns receive a generous renumeration for in effect destroying the company.

....yet once again Future lags behind with another miserable performance (currently down around 2%) in a buoyant market.

How the entire BOD's have kept their jobs is a complete mystery, they refuse to invest their own money in a company they claim is 'undervalued' and appear to be happy picking up a salary whilst at the same time destroying the companies value.

I struggle to think of any company or indeed any business I have had investments in, or dealings with, where there appears to be absolutely no one accountable for what is a complete and utter sh*tshow.

Agree TP.

Which makes it even more frustrating that FUTR's SP remains so depressed.

Every ounce of logic says that the company is ridiculously undervalued but whilst parasitical hedge funds are able to act with impunity and literally dictate what the SP is we're stuck in this horrible situation that it makes no difference whatsoever as to what updates the board issues or how the FTSE performs.

Even today, when sentiment is so bullish in the market, what happens, FUTR falls; based on what...absolutely nothing of any material consequence just more blatant manipulation...It sucks!

Article from Oak Bloke on FUTR entitled: I ain't dead yet - the past isn't the FUTR

https://theoakbloke.substack.com

Fairly positive.