Member Info for smilingassassin

same i made a few hardcore errors , worst being BT , nearly got amputated with that share , i still regard myself as a novice but assess the share and weigh up pro’s and cons
timing is key and i seem to have 70/30failure rate to buy on the lows …….

@pander i hear u and think balanced views are good , reading all the chat anyone would think it’s a done deal , i hope ???? it is true and an RNS does make it way out eventually but at the moment it a rumour and should be treated as such , wasn’t so long ago before results we were hoping for £3 ? so here’s to wishful thinking and hoping / fingers crossed for the rumour to crystallise into fact and follow thru ….

I have my doubts it will " soar " these buy outs funds need to extract value, so they will hardly pay RRP, I looked at Morrisons as an example which was taken over 2021 initial offer was 30% over the share price and finally settled after a bidding war to 60 % from the start , rudimentry logic but poss worth £2-£2.25 currently ?

Ironically the rumour will help push this higher which in turn will command a higher " buy out " value, I hope it does as I have 497321 shares at an average of £1.90, Also with the large holding held by few MM etc how much influence do the small PI have ? 75% approval for any takeover to be agreed, if the big investors i.e. soft bank can pick what they want and MM gets what he want at the lowest prices then there surely is a vested interest to buy low as poss ?

Questions to ask how long have the meetings gone on for ? weeks mths ? how close are they ( if its true) for any meaningful next steps

defo ! my average is £1.90 now and down 6 figures , timing is key and i called it wrong on this one, but as u correctly point out , only play with money you are prepared to lose !

Listened to the whole call and the Q and A

I believe there are things happening behind the scenes, Poss SoftBank taking a larger stake and going private, ironically the lowest the SP the more attractive it looks for them

Going forward markets hate lack of clarity so they need to

1. Announce New Chair
2. Confirm strategy for spin off if at all for the brands
3. Softbank clarity
4. Spell out the value of Ingenuity

The SoftBank Question was defo interrupted and dodged by MM which makes me think there are defo talks of some sort are happening
Goldman sachs were defo confused what Ingenuity actually does .....

not sure why you invested in shares ? did it remotely occur to you values can go down ? stick to savings to the money under your mattress stop whining ford

wow some of the language is fruity , if u r not happy then sell or better still don't buy shares !

If u can't stand the heat get out of the kitchen ( Dick Jones from OCP said this )

I echo the same, i have over invested,called it wrong but not gonna cry about it as made other calculated bets that have pulled off and some that haven't I have got 6 figures + in this one average is £1.94ish now , done well in IAG, Barc & Lloy though so can't cry in my bowl of coco pops . Will evaluate as it goes on GLA

It's defo taken my breath away ........ lets hope today brings it back

If this goes private at current levels a lot of us will be in the red, and can't see this bouncing 20/30% if a private offer comes in , so am hoping at current levels no going private option comes in !

a firm believer of this stock, short term might be bumpy but long term a great future .... pandemic has changed habits , if wilkos a basic chain is investing £ online and closing bricks and morter shops that is an indicator of what is to come , personally i can see Dark Kitchens springing up and even fast food shops closing down , have an non descript industrial unit in an industrial estate where the food is delivered by uber eats ( my bro is based in Dubai and this has happened a lot ) all online and delivered , so the landscape is changing.......

i have invested in from £2.40 and then really heavily from £1.94-£1.99 , his GQ interview made me think defo private if he could, seen his interviews and seems to talk sense, some shares I sold out spot on others too early, but will stick with this one, I think the trading update will be proof read to death after the presentation which prompted the sp fall. I hope they spell out exactly how much value ingenuity really is, as the big boys seemed to have got lost in translation hence the steep decline, earnings versus forward value seemed to be divorced from reality when you look at certain shares, i'm hoping for a good update , soothing noises for the ii with corporate governance , maybe a new appointment notification ? all the best for next week

Its ironic that Boo are regarded in a negative light by ii , but profit is profit and I can see reinvesting back in again, Businesses all round the world in some form take advantage of others, iPhones, tyres, Manufacturing , electronics etc etc some get found out others just hide behind robust paperwork systems which are box tickers to say we done our due diligence ! I have a lot of shares in Boo from £1.80 right down to £1.00 and believe the shares will recover, for a myriad of reasons, Kamani love them or loathe them they got this far, and they aren't going anywhere !

.. Reading between the lines, if the share price stays depressed in early part of next year this is defo going private , Matt has mentioned this in Gq back in nov and it has surfaced its head again, The shares floated at £5.00 and they have the opportunity to buy it back for under half price even with a buyers premium offer I have £110k in this average is £1.93 and was looking at a sell target price for me at £3.50 but time will tell ....... Asos results out In Jan so will be interesting to see what happens, I have shares In Boo as well so will impact all 3

476.30 ex divi hopefully being bought back by rmg now !!

Am i right in saying this will drop to say £5.06 to £4.75 ? tomorrow ( 5%) when it goes ex divi

feel this will go up in increments up to ex divi defo i think £5.40 dropping to £5.10 ex divi poss back to £5.35 by end dec
my timing has never been great in selling at the right time ! always sold too early !

look like southerns is really at it with his ramping, so glad i have blocked him , just lines of green !! even though there is diet lockdown occurring i feel we have hit the bottom now , xmas parties are still dead but can only see upside in the next quarter, due to lack of competition on the high street , 5 years ago bricks and mortar v now is a different environment when is the next trading update, nothing on their website ?

If this share goes private how does this work ?

do u get above market ? or is it a bidding process ?

lol, collected divi already , but it seems to hover between 153-158 and thats it ! not sure why it is so unloved tbh , baffles me