Member Info for Silverfoil13

Apologies did not finish above 8p but a good consolidation around this price level.

Likely to finish just above 8p which confirms and consolidates current position before fresh “new” news takes it up another step

Lots of buying at around 7.5p not surprising as longer term that represents great value compared with the highs of last few weeks. Market reaction as expected because of no fresh good news and a little bit of negative news with slight delay on 1801.

Be surprised if this pushes the price up as not much that we don’t already know. Possibly further drift down but impossible to predict and happy to be proved wrong!! Still think the HNWI investors will know things we don’t.

Perfectly balanced analysis from RMM thank you. To adapt another favourite quote from that French bloke .. the reading of all good posts is like conversation with the finest of men!

Interesting extrapolation CornishTrig only problem is that regular news is needed to trigger and achieve the increases before the inevitable drop backs. That’s what we’ve had May to August.

It’s the usual short term drop back before next piece of news
2.98 to 2.50 in May
7.49 to 5.75 in June
7.55 to 6.65 in July
9.15 to 8.26 in August
Hopefully we’ll see a drop back from 12.25 to 11.25 in September and from 16.50 to 15.20 in October etc …

Anyone care to hazard a guess on the next big bit of news?
Another HNWI
Agile announcement
1801 licencing agreement
1802 licencing agreement
737 progress
Take over
Joint venture?!!

Ah Gleneagles .. views to die for! A truly wonderful place to stay and play golf! Great place for the 28p party!!

As mentioned previously my way of striking a balance between upside potential and downside risk is a staggered sell plan. Selling 20% of the declining balance of shares at each 50% increase in price. So let’s say a million shares held at 8p; sell 200,000 at 12p; then sell 160,000 at 18p; then sell 128,000 at 27p etc .. etc for me this means cashing in a reasonable profit at each milestone whilst always having some left for the more optimistic future valuations. Any one can vary these percentages based on their risk tolerance.

RMM I agree an offer of 28p in the near future would be very tempting. For me that would represent a 30 x gain on cost and a 120 x gain on where it was 18 months ago and 28p would provide serious life enhancing money! Of course 50p plus would be fantastic but there is no certainty in any share like this so it is a question of a balanced approach and not being too greedy. I do sense a slightly more cautionary tone evolving on this board over last couple of weeks even from the more learned and knowledgable posters.

If SAR proves to be the success we all hope it will be I am looking at fresh options for investment and wonder if there are tip sheets and newsletters people can recommend?
I have used in the past
Momentum Investor
Small Company Sharewatch
Salty Dog Investor (funds only)
Investment Trust Newsletter
Investing For Growth(Jim and Mark Slater)
Just wonder if there are other newsletters worth looking at?
Thanks

Probably build a property portfolio in Liverpool where the yields are around 10% with 2.5 million but I would have to keep back half a million as fun money .. at 66 you have to enjoy every year that’s left. There are around 130 “3 star” Michelin restaurants around the world so one of those a month would see me out!!

Hi Bigtimer .. I agree I touched on the psychology of following these types of share a couple of weeks ago and it is kind of hypnotic. At least at Xmas as a 10 year old you had an idea of what you might get if you wrote to Father Christmas. This is more uncertain although reading the board it does sometimes have the feel that we kind of know what we might get .. which of course is dangerous because nothing is a dead cert! I keep looking at RKH my currently dead in the water oil share who are sweating on a legal decision that could cause a big spike and GFM a lovely mining company operating in China whose share price has fallen far too far given the reserves and licences it is sitting on.

5 years is certainly worth a claim as a LTH and you were probably in at around 1p. Some may claim 10 years to qualify back to March 4th 2011 when positive news about SAR broke re cancer treatments. I bought in that morning (at around 1p) before it shot up from well under 1p to around 4p intra day high .. if my memory serves me correctly!

Good to have bit of idle banter while we wait? On a serious note the share price movement does seem a bit contrary given buys v sells!

AndyM .. oh crikey you’re not Prince Andrew going up to Balmoral with Fergie to sort things out with the Queen are you? If so could you confirm if you or one of your family is indeed the HNWI?

I’m sure there is strong interest from outside U.K. just wondered as the subscription amounts of 1 million neatly fit one of the EIS criteria that it might have been a consideration for a U.K. HNWI investor.

Just had a thought .. maybe the HNWIs are benefitting from EIS relief on their subscriptions hence the investments of 1 million at a time? This tax relief can seriously reduce the cost and risk on investments.

The baton across the back of the head .. not just on topless teenagers in Monaco but the chosen tactic of French and Italian police against English football fans abroad for decades!!