The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
smartpunter - your lone(ly) voice wittering on about about the dfs and bfs was drowned out long ago by m&g when they first invested. they have subsequently put more cash in and have publicly backed the company for the next 2 years. i suppose they did that based on something on the back of a *** packet?
speaking of on the back of a *** packet, your simple maths tells you that the company has 2 months left. i take it you will be removing yourself from this chat board on 5th august if the company are still trading at that point?
SmartPunter - here are a handful of statements written by Theorist on this chat board. You will note on every count he was wrong. There are plenty more;
31 Mar 2023 17:08 I would expect the company to collapse into administration this weekend.
2 Apr 2023 14:17 If, come tomorrow, the Board has been unable to secure a lifeline they have to call in the administrators. They are insolvent, they cannot meet their debts as they fall due.
11 Apr 2023 13:05 I cannot see the company going beyond Friday without either announcing finance or administration.
16 Apr 2023 21:30 My money would be that tomorrow is the day, finance or administration
24 Apr 2023 09:00 My guess time is up
Anyone offering an update on funding outside of a company RNS is guessing or has inside information. The next time I personally expect to hear anything from the company is the date of the General Meeting on 8th June. What that looks like is anyone's guess.
For the first time that I am aware of Theorist has had one of my posts removed. The post referenced a downramping operation that was confirmed 2 years ago by a disgruntled employee called Phoebus. She went public and explained that a team of operatives were paid to target certain equities with the sole intention of encouraging retail investors to sell, thereby dropping the share price. One of the operatives went by the name of Fireant and once outed he deleted his account. Very soon after Theorist opened his account and he has systematically and almost exclusively downramped Pensana ever since.
Make of that what you will.
Interesting call that Tony, given Russia, China, Turkey and India continue to diversify away from the dollar. Not saying you are wrong but anyone that confidently predicts which way the gold price is going to go is a brave man.
Fulmar - the only person responsible for this game of silly buggers is DumbPunter. If RBW have any sense they'll contact him and tell him to stop. Equally, if you have any sense you will contact RBW to request they get in touch with him to tell him to stop.
There are 250 annoyed, motivated and knowledgeable PRE shareholders on a T3l3gram group that would like nothing more than to give him a bloody nose. If the only way to make him stop is to populate this chatboard then there is nothing I or anyone else can do to prevent it. The genie is very firmly out of the bottle.
As I say, the ball is in his court.
Fulmar29 - your problem lies exclusively at the feet of SmartPunter. He has continually downramped Pensana for 2 years for no apparent reason. He is not a shareholder of Pensana but he continually spreads FUD about them. You will probably find that if he desists with his FUD on Pensana you won't need your idle threats.
If he continues it is highly probable more disgruntled and knowledgeable PRE investors will join in the RBW chat to communicate (correct and true) information that may not be helpful to the share price of RBW.
The ball is in the court of your fellow shareholder, SmartPunter (or his previous pseudonym DumbPunter).
SP - if you don't know what it means, 1. you should not be commenting on an investor chat board, 2. your credibility has taken a further tumble (if that's actually possible), and 3. there is an invention called Google that you might want to take a look at.
To illustrate my point, please see below a timeline outlining Theorist's recent posts on LSE regarding Pensana.
31 Mar 2023 17:08 I would expect the company to collapse into administration this weekend.
2 Apr 2023 14:17 If, come tomorrow, the Board has been unable to secure a lifeline they have to call in the administrators. They are insolvent, they cannot meet their debts as they fall due.
11 Apr 2023 13:05 I cannot see the company going beyond Friday without either announcing finance or administration.
16 Apr 2023 21:30 My money would be that tomorrow is the day, finance or administration
24 Apr 2023 09:00 My guess time is up
Then, on 28 April 2023, Pensana released an RNS announcing M&G and ASWF are investing $10m and "remain strongly supportive of the Company and its business plan and have each requested and been granted the right to participate in any future equity or other fund raising undertaken by the Company on a pro rata basis for the next two years".
You decide who the comedian is reader. Do not trust a word Theorist writes.
To the unititiated, do not listen to a word this poster writes. He has been proven to lie through his teeth on a regular basis to encourage retail investors to sell their shares. The personal brand of fear, uncertainty and doubt he peddles is quite effective until you realise his game.
He continually and incorrectly predicts negative outcomes in relation to companies connected to Paul Atherley. He makes it look like it is a personal vendetta but in fact he has a team that are paid to attack UK's leading prospects in critical minerals.
This was posted on LSE in 2021 by a poster called Phoebus. Fireant was a very active downramper of PRE at the time. Shortly after the post, Fireant deleted his account and then guess who sprung up - yes, our friend Theorist.
"To all genuine investors, I lost my job today in a pay dispute so this is my payback for how I’ve been treated by my employer. I work(ed) for a hedge fund in the City. There’s a team of 4 of us who sit across one desk in a serviced office. Our job is to hit this board daily with FUD posts to mislead investors and influence them to sell their shares. Depending on experience we get a base salary plus bonus for every % milestone that comes off the share price We have multiple accounts/identities split into 4 categories of characters we’ve created: 1. The blatant negative shorter who’s aim is to create negative subject headings and get them pushed to the top of the chat. 2 & 3. The wingmen who back up no.1 by being negative on the stock but with more substance around why. 4. The concerned holder who sways from being positive about the share to win trust before then losing faith and encouraging others to do the same. Some of our aliases include: 1. Mister beck, Dr Long 2. 3. Phoebus (myself), jaffas, pearls, 4. Gatti, Muscles12, saby16, atrades, fudegrella30, fireant We did laugh when genuine holders agreed with some of our posts and got bonused on confirmed sell ups such as Xenor and Matt007. I’m not proud of what I’ve done but willing to blow the whistle to not harm any more people financially. I would encourage all of you to screenshot this post in case they report it and get it taken down but I will try on multiple threads so that it stays here longer. I am sorry."
Wouldn't it be a crying shame if your investment in RBW went t*ts up because you spent so much time downramping PRE at the expense of the time you could have spent doing further research into RBW.
It would be a shame if I believed for one second you're invested in RBW.
Eloro - so you've read the wording in the RNS which will have been signed off by M&G and the FSDEA but you choose to ignore it, preferring to attempt to spread discontent.
You are making yourself look pretty foolish and you'll continue to do so. Pensana will get the funding required and you and your paid downramping pals with move on eventually.
RandomPunter - Enlighten me. Why would you read a 150 page annual report for a company you have no shares in and no financial interest in?
And to anyone reading this - have you or anyone you have ever met, read a 150 page annual report on a company you/they have zero financial interest in? Unless of course it is your job!