Member Info for ShaunBTM

Morning Bonker,

I have a website up and running but in truth I have no ambition to start selling via the website, working as a secondary dealer the stock is never in long enough to justify it (unless I built a team). You would be shocked but I can do 50k a month in sales via social media without the website/physical presence/advertisement etc etc

in terms of HUM, I dont think its a dead share, I do think there will be a share price rise in the mid term - Will I be buying more - Nah Ive hit my limit on this company!

Just added shy of 305k shares from my DLG position I sold down.

Brings me down 12.2p a share. If I am wrong its going to be a painful life kicking event haha but I have a feeling this can at least get back to 20p if gold goes back into the spotlight regardless of Mr Betts being not so god at his job.

I will add as I am a professional coin dealer by trade. In terms of sovereigns it really depends what they are. As a dealer I pay spot which is about 346 ish at current prices but 335 is in the bounds of respectability when going to trade. If there is anything nice in terms of condition or something that is rare you will get more money. :)

As for HUM its been the gift that keeps giving ha, Im down maybe 80% but was happy to ride or die when I bought.

I think it was the choice of name that threw me more than anything, its just very meh.

Saying that does it matter if they make all the right moves - probably not.

I do have an open question if anyone has the answer it would be most appreciated. On the new website, it has no mention of the hummingbird royalty in Africa. Did the company divest this and I missed it?

Bit perplexed by the name change, not sure it adds value and tbh it sounds like a penny stock. Hardly what we need as shareholders!

fat fingers. I was reference the uncrossing trade of £4M and not the measly sum of £4 haha

I have a sneaky suspicion that was a buy

From my perspective, I dont feel its as bad it looks. I run both a sole trader business and a limited company, covid was a bumper year for a lot of reasons and it would be unfair to expect same levels of profits. I deal with alot of entrepreneurs and businesses for my line of work and margins have been squeezed for most businesses, its all a cycle and it takes to to re-adjust. Direct Line has a lot of very quality brands and people either need to have insurance by law or don't skimp on it in bad times, so its just a case of improving the margin rather than worrying about huge losses of customers (or at least how I see it). I think this is a share to tuck away, I think the dividend will be maintained whilst it re-adjusts. Ive put my money where my mouth is and backed it with 20k if I am wrong sometimes thats how the cookie crumbles..

9631 shares* fat fingers clearly

I bought another 5k yesterday to completely fill my 20k ISA Limit. I was going to hold powder dry but I was convinced the market had overdone it and got trigger finger. Happy with my 9361 shares and Ill revisit it next April to see if I want to build a bigger stake with my fresh ISA allocation.

Ive just bought another 7.5k, Bringing me up to 7237 shares. If Im frank it doesnt bother me if the share price drops lower I am in it for the Divi, Im very fortunate I dont need to access the money for at least 3 years and if they slash the divi in half Id happily take a 5.5% divi on a solid company. Ive kept 5k powder dry for my ISA incase it drops, if it doesnt drop and the divi holds then Im happy to hold knowing if I build more of a stake I have a solid income moving forward. Not an expert make of that what you will - I am a gold/silver coin dealer by trade and usually buy into mining stock when it permits :)

I dont usually buy insurance, but I chucked £7.5k at this a few days ago at £2 a share. As long as they can maintain the dividend - seems like a no brainer.

I'm still here, I check the chat boards most days I just feel like I have nothing to add to the discussion. I am still holding and have been adding here and there.

Im not sure about the US mint but I wouldn't be shocked, its a bit out my remit as I deal in the secondary coin market rather than buying from supply. :)

Isnt it great that gold is flying not I have a vested interest or anything :D

I agree but Im getting long in the tooth these days. Ive seen it all haha

@Bonkers, I must admit I follow this board daily but I feel I have nothing to offer apart from my insights as a coin dealer. For me its a play on whether you think gold will have its time in the sun. Then all the mining companies will do well, I just think HUM has the most potential. There is no point in me speculating either way, I buy I hold and one day I hope to make a tidy profit, if it goes to 0 so be it.

To add, check out the 1/4 2022 sovereign. A little know fact the 2012 1/4 bullion sovereign had a mintage of 170 ish (yes you read that right) The fair value is most likely around 175 to 200 for that coin. I have a sneaky suspicion it will be very overlooked this year. I will be taking a position of 10 to 20 myself :)

@bonkers
I always say to people go fractional. But the reality is it all depends how you wish to sell.
If you sell peer to peer its premium in premium out. If you know you will sell to a dealer then its ounces all the way. If I could make a suggestion as a full time dealer. If you are going to hold a few years, I would buy the bullion 2022 sovereign personally I dont think you can go wrong on it as its going for bullion prices but in a few years it will sell for semi numi prices (*as long as they dont mint them to kingdom come)

I wont get involved with the price action - its goes up and down but correlates with money supply.

@Bonker
Ive raided ATS a few times, they are a top bunch of people. I also would vouch for Atkinsons, Paul and the team are a truly top team.

@Agropersons
Can you point me in the direction where the intention was dividends. This is a question I have been pondering but wasn't aware that there was intention to have a dividend.

Thanks in advance.