Member Info for sheffieldowls

Retired Banker

Thank you for this information I found it very interesting not least the Florida and American wife connection. I say that because my long term partner Cathy was an American but she died five years ago from her covid vaccination it caused a blood clot that went to her heart. I lived with her for a number of months each year in Bradenton Florida and she would visit the UK for the summer. I now spend a lot of time near Fort Myers in Florida. Where do you live in Florida please may I ask you?

Sadly I sold all my Ramsdens shares in my ISA which was over 2% of the company to purchase shares in Sylvania Platinum. I did a similar trade a year or so before when I sold a significant holding of H&T to buy once again Sylvania Platinum shares. My obsession with Sylvania Platinum has cost me a lot of money if I had not done those trades I would have loadsoflolly now. I own just over 1% of Ramsdens outside my ISA hence my comment about paying lots of capital gains tax. If a shareholder owns over 1% of a company that is subject to a takeover approach the shareholder has to inform the stock exchange of your holding. Peter Kenyon kindly reminded me of that fact yesterday afternoon.

The take out price is not enough when the issue of capital gains tax is considered I am surprised that I have not seen that in any of the postings.

Hi Retired Banker thank you for your interesting posting it is appreciated. The first point I will make is its far from certain that the takeover of Ramsdens will go ahead it appears that on the boards more shareholders are against it than for it because of the price offered. I am kicking myself because until ten months ago I had a stake of over 3% in Ramsdens and I sold a significant number of shares in order to build up a stake in Sylvania Platinum. However I still own well over 1% of Ramsdens Holdings and I intend to vote against the takeover. I will have a look at Serabi if I am honest I have never heard of the company just like I had never heard of Altyngold until you posted about the company. I purchased a few more shares this morning at nine pounds and twenty eight pence taking my holding to one hundred and fifty thousand shares at an average price paid of around ten pounds thirty pence so I am making a loss at present but I expect the situation will change before the end of the year. I decided to invest in that company because of your postings about it and you seemed to know what you are talking about. What field of banking do you come from please may I ask you?

Bangrak

Thank you for your thoughts about this matter. I now have a sizeable holding in both Altyngold and Sylvania Platinum. I built up my holding in Altyngold after reading postings about the company from both you and Retired Banker. I currently have a six figure loss in Altyngold but I expect that to change over the coming months especially after reading your recent comment.

Bangrak

I have to ask you what is your best guess for the year end price of Altyngold shares?

Retired Banker Thank you for your view regarding this company. I have a target of having a holding of one hundred thousand shares in this company I have over eighty thousand shares at the present time so I am getting near to reaching my target. Its my third largest holding now after Sylvania Platinum and Ramsdens Holdings.

I am wondering if Bangrak and Retired Banker have any concerns I say that because their positive postings was the reason why I bacame a shareholder in Altyngold. Thanks for your input Dofmeister.

I would advise shareholders to read a posting that was made yesterday on the ADVFN board relating to matters that in my opinion should be of concern to shareholders of Altyngold. What thoughts do other shareholders have about this disclosure please may I ask other posters on this board

Velo

Thank you for your thoughts regarding ALTN and SLP I am pleased with what you told me as only yesterday I sold some shares in SLP to buy more shares in ALTN. I only wish I had done it the previous day as ALTN went up significantly yesterday as you will know of course.

Thank you for your interesting posting Equanimity I will have a look at this company with a view to purchasing a few shares in it.

Hi Velo

Thanks for your thoughts they are much appreciated by myself.

I have a shareholding in Sylvania Platinum and Altyngold so I have an investment in platinum and gold so to speak. However I have no investment in any company involved with silver please may I ask if anybody has any suggesting of a mining company in that field.

I have shares in Sylvania Platinum and Altyngold so I have an investment in platinum and gold but I have nothing invested in a company that is mining silver has anybody any suggestions for a company involved in silver. Any suggestions would be much appreciated by myself.

Bangrak

Thanks once again for your thoughts re both SLP and ALTN. Are you saying that in your opinion that at their current prices you see ALTN as better value than SLP? I wonder if retired banker also sees it that way I suspect that he may do so.

Bangrak

You said it was worth 110p a share a few weeks ago do you still see that as being a fair valuation for Sylvania Platinum please may I ask you? Altyngold is not doing too well is it where do you see that going over the next few months?

MarginMiner I understand what you are saying about the company having a share buy back operation but it is a tax efficient way of returning money to shareholders. I would be interested to know if the company would ever consider this matter and are asked about this at the AGM. I have just looked at KEN I found it very interesting and informative. I find the daily share price movements to be quite unusual with quite significant differences between the daily high and lows.

Please will a shareholder who posts on these boards ask the company at the AGM if they would ever consider a share buy back program as a way of returning cash to shareholders?

Thank you Retired Banker and Daisan for your views. Retired Banker I have followed your advice and have purchased twenty thousand shares in the company. Sadly I did not buy these shares years ago because many people like you have made great profits. I found it interesting that my stockbroker had never even heard of the company. I appreciate your advice and guidence and am confident that in due course I will make a substantial profit. Just like you I have shares in Sylvania Platinum as well as Altyngold but our holdings are reversed in that my holding in Sylvania Platinum is many times the value of my holding in Altyngold while for you its the other way around.

Retired Banker

Please may I ask you why the share price has not moved in the way that you predicted to around 1500p . I think that the recent results were encouraging but the share price has hardly moved at all.