Member Info for SpadesAspade

Sageman, who’s stressing ? certainly not me. I’ve been invested here since 2019, with an initial purchase of £300k at an average of 2.25p.

Tax efficiency you say, well all mine are in equal pots between my Sipp and two S&S ISA’s.

Added £40k per year into the ISA’s as cash so as to not have over £85k sat in bank accounts just in case the unthinkable ever happened.

Since last year when we did the deal at 4.7p, I bought a lot more shares. Now I just sit back and watch GGP grow.

For now I’m as excited as one can be, watching how things progress, and I won’t be selling any anytime soon.

Diversification you say, well not for me, no more chasing rainbows, I found one, and that’s enough for me, and it’s true what they say, there are crocks of gold awaiting those that find them early.

I know back in 2019 you would have never recommend GGP to anyone, and probably still don’t, and that’s why imo IFA’s aren’t for everyone. Some of us like to play our own tunes, and trust my own judgement rather than someone sat in an office looking at the safest fund in which to invest, which to my misfortune, has never worked out well when I’ve trusted them.

I’m sorry if you don’t agree, but just telling you as I see it. Personally I don’t trust any of the investment companies out there, because there is absolutely no way of knowing if what your provider says is the truth. How does someone know if the fund say grows say 15%, that it actually is 15% and not 30% ? They invest in so many companies, in different sectors, day in day out. How can one prove what they say is true ? You can’t !

Where’s there’s money there’s fraud, the more money, the bigger the fraud. If you want to trust em, that’s upto you, but I’m afraid it’s a Big fat NO from me.

I think GGP SP reaching £4 may well coincide with POG reaching $4k dollars.

But moving the needle forward to GGP SP attaining £6, I just can’t see the POG attaining $6k in the same timeframe, that’s why I personally think it’s more prudent to hold GGP, before divesting into physical.

I’d be interested to hear your views Speedy.

ATB

So in your opinion Speedy, is it better to hold GGP or physical gold at this precise time.

In the medium term I can quite easily see GGP shares bagging from here, whereas even though I see gold rising steadily, I can’t see it bagging as quickly. So if folks here were interested in buying the physical stuff, would they not be better waiting until GGP has at least one bagged before thinking of purchasing GOLD.

Hey Doozer, it’s B’bye by the way 🤭

Thank feck it’s Fredday !

Just need Freddie to follow suit now !

So then Doubting Tom, all that pontificating and time it took you just for a £50 position.

Well don’t spend your massive gains all at once will ya !

The pressure being applied here, is like two continents being pushed towards each other. But eventually something has got to give, and when it does it’ll be more than a few fireworks 🧨 it’ll be like New Year’s Eve on Sydney Harbour.

I see opening price on ASX has been set at $7.244 which coincides with AIM closing price of £3.55

🤔🤔🤔

Haha just realised what I just wrote 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

My hands have been sprayed with a Teflon coating, no way am I letting mine slip through my fingers, not a chance !

No way will the shorts drop this by a quid. They will only be able to hold it or a slight drop at best. It was the Macquarie hatchet job that caused panic last time, until folk sussed out exactly what their game was. Now even they are predicting a higher SP.

“Once bitten, twice shy” they say, and for very good reason.

Anyone with a modicum of sense could see what they were up to, and it seems to have had the desired effect. Now just a few weeks later the SP is £2 higher, and a lot of shares transferred from London to Sydney. Job done as far as Macquarie are concerned, and some investors here now kicking themselves after believing the BS. Just forget about third party statements, all the information you need to know and trust is on the GGP website.

Yes I agree, it’s best to just move on and look forward to tonight’s opening on the ASX.

Onwards & upwards one hopes.

He quite clearly stated 316k UT

It’s not difficult is it 87,964 x £3.60 = £316,670

Mountain out of a molehill springs to mind. What’s not to be happy about, we were at 5pps not so very long ago, now we’re at 18pps (£3.60)

Some of you need to give your backsides a kick 🤦🏻‍♂️

Until they start jailing these feckers, nothing will change.

You can get two years imprisonment for embezzleing a few thousand from your local club, but a slap on the wrist for corruption on a large scale. Just where is the justice when it comes to the financial services industry’s indiscretions 🤷🏻‍♂️🤦🏻‍♂️

Looks like we’re opening down again at A$7.00 Aussie dollars, down 12 cents from close.

Looks like the shorts are determined to keep this as low as possible, for as long as possible, for what reason we can only speculate.

Are they acting on behalf of someone still building a position or are they trying to make money themselves ? Who knows, but it means nothing in the scheme of things, especially when you think that all these funds who have just bought in have paid more to buy a slice of the cake than the majority who read this BB.

Good things come to those that wait, and it’s now down to how patient one can be.

More, Mary Hinge & Betty Swollocks me thinks, for those of you who remember the late great Two Ronnie’s

Not really, apart from the board’s resident numpty wanting to hijack everyone else’s posts 🤷🏻‍♂️

Freddie, I haven’t made £10M you fool, I said that’s my exit figure, but again you just like to keep poking the bear 🐻.

You are just a complete numpty when it comes to investing, and that’s why you’re very easily tempted to invest on a whim, hoping that one of your punts come good.

Yes you can make a few nickels & dimes on the likes of GEO & WSBN, but you won’t make the big bucks until they prove something up. They may not, and just watch how savage the market will be if that happens.

GEO are already down around 35% from their high, so I’m hoping you acted and took your own advice and took some money off the table.

What you fail miserably at, is realising that not all investors take a punt on nothing but wishful thinking. Some only invest once a company makes a discovery, and then go in BIG ! That’s the formula to making fantastic ROI, not investing blindfolded, which is what you advocate.

Like I said Freda, you will never make life changing investments, because your mind is still that of a novice, who believes that because he’s had a couple of investments that’s earned himself a few grand, he knows everything, when in fact he knows Jack, he just got lucky.

I’m quite happy and content being me, and I’m also very content if GGP only rises 10% per annum, because that’s still a helluva return each year for very little stress, and all tax free to boot.

Anyway I hope your investments pay off for you, I really do, but don’t expect me to be taking any of your investment advice, because I’m managing very well doing it my way, so you go ahead and criticise all you want, because it’s like water off a ducks back, it will not dampen my enthusiasm for sensible investment strategies.

Now run along and go and have another whinge at what SD is doing wrong.

🤡🤡🤡🤡🤡

Fat fingers sorry £3.42