Member Info for Takayama

Thanks for your responses. Dag - Fair point! Fatman - We'll never really know the answer to that until the end, but yes, you could be right. I'm hoping I'm right, which is why I'm still invested. Good luck guys.

CEOs are free to speculate. You're a fool if you believe them. I'm rather surprised at what you say ODonnell, because if you've had any time in the market at all, you'll have learnt your lesson and shouldn't be surprised as you claim to be. Are you really in your eighties, saying something like that? Ed is not the first small cap CEO to over egg his company. That's generally the downfall of small caps like this. I'm sure you all remember the CEO of KNB when the SP was bouncing up to 50p that he said he thought 60p was reasonable! And of course it isn't!! So pity those poor inexperienced punters who put store against such idle chatter. It means nothing at all. You need to look at the books, look at the NAV, and look at the facts on the table at the moment rather than listen to speculation about what the CEO thinks it's all worth. Whilst I'm sympathetic to those who've lost money here, I have to admit that I think you've only got yourselves to blame. Never, ever believe a CEO when he starts to spout about what he/she thinks the company is worth. If anything, let others buy in, and then sell on the back of the tide of positive sentiment, and wait until the gain wisps away. Personally, I'd still look at the NAV, and recognise that SEED is nothing more than on the edge of sensible investment. If you want a lower risk investment, go to IAG or somewhere like that. The opportunity with SEED is that it doesn't just double in a year, but more. That's why it invests in companies like Juvenescence, or LGP. You only need one or two to really take off. And careful hands. Let's face it, we're still well positioned in those areas with some decent investments, and like it or not, the SP won't reflect that this month.

Eric - I'm a little busy today, so apologies for wading in with a very brief 'my tuppence 'orth'. What could Budge have done or do, you asked? There are plenty of small specialist companies out there that specialise in exactly this sort of thing. Budge is out of his depth - not meant in a bad way, but he's a geologist and this is a political issue. And it's political Sami against the mainstream. So it's that that needs resolution. As a shareholder, you can tell Budge this. Blind support for your leader brings disaster for all. A leader needs to listen and also needs to understand the wider picture. That's where he's failed. His judgement of what BEM is, and of just sitting and waiting because BEM is a mining/exploratory company is not enough in today's world. He's a fine miner/explorer I'm sure, but politically, he's at the bottom of the class. Someone will resolve this (because it is resolvable), but it won't be Budge with the attitude he's shown. That's why I bailed out. Anyway, I hope I'm wrong for the sake of the holders here.

Hey Duds! Hahaha! No I’m not like Doggo. I was just quoting Warren Buffett. I’d say there is value here. You may catch a cheaper price later for this share , or you may not. The point is that when others are fearful, it’s a good time to buy. Fear is irrational and let’s face it, th SP at the moment is irrational in that it doesn’t reflect the value of the asset by a long long way.

Hey Kingsley. I can’t disagree that Ed messed up by hinting in that way. He isn’t the first small cap CEO unable to keep it in his trousers and he won’t be the last. It’s a poor characteristic of ambitious CEOs that they talk outside like that. I’ve no idea why he looks at this board and really he shouldn’t. He should have more important things to don with his time than try to please whoever may be moaning on social media. But ultimately, while he hasn’t ‘delivered’ I wouldn’t say that there is any reason to sell at the moment unless you’re trading and reckon you’ll be able to buy back at ‘the bottom’. There is going to be news (inevitably, I bought in because I like the risk reward ratio here) and when it comes, personally I’d rather just be riding the wave than desperately running along the beach trying to catch up with it. Buy when others sell….. . But then I’m not a day trader……

I know how you feel. Yet at the same time I have to remind myself what is going on: (a) the dropping share price isn't a reflection on performance of the company. In fact, little has changed. It isn't, say, a graphene innovator about to hit us all with a capital raise because it hasn't found the markets (b) the dropping share price isn't a reflection on the investments the company has made to a large extent - there are always going to be non-performers/duds and so on, but essentially, the value of the assets is there and you'd get a decent amount of money back if the company liquidated tomorrow (c) the company won't go bust. (d) there are always dips - all this means is you hold on for longer (e) this looks more like a buying opportunity than a selling opportunity. THERE IS NOTHING FUNDAMENTALLY DIFFERENT ABOUT THE COMPANY COMPARED TO TWO YEARS AGO OR EVEN MORE except for sentiment. And sentiment will turn. I can't predict how but it will. The most obvious signpost is Germany and the internal cannabis market there.

Eric - Stock trading is rough, full stop. Wherever you are, it's ultimately a gamble. It's only money in the end. Not worth worrying about too much. Kurt is trying hard and we all think we could do better (well, a lot of us do!), but ultimately, it's not our business. It's his. It'll of course be a relief when something positive happens, but you can say that about at least a thousand companies out there and for the corresponding investors in those companies. One day, something will happen here and everyone invested will smile. Those that aren't (for example, myself) will be kicking themselves.

OD- I'd suggest that you are much better in SEED than in Premium Bonds. The excitement level is higher here than Premium Bonds and if you have a spare £50k from selling your Premium Bonds, that would give a welcome bolster to the optimism surrounding SEED.

This article from 'Deutsche Welle', the German State owned broadcaster, puts cannabis legalisation as the SECOND priority for Germany in 2023. Perhaps there is bandwidth for cannabis . . . . . ?

I love it when I'm expecting the worst and then proved wrong! Upwards and onwards!

We'll see how the war in Ukraine goes - that's eating up a lot of Germany's EU bandwidth. But once Germany sorts out what appears to be just a process issue (given willingness seems to be there), then the rest of Europe will likely tumble soon after. Meanwhile KNB, CBX and MGC all seem to be perking up. But it is all about Ukraine for SEED at the moment as far as I can see. This is an interesting article, a little old at one week, but a quick read: https://www.euronews.com/my-europe/2023/01/27/in-the-weeds-germanys-plan-to-legalise-cannabis-in-2024-likely-delayed

Good to see O Donnell has finally off-loaded from here. Not sure how many he off-loaded, but with any luck , the tiny volume of selling recently was his selling. Separately, KNB has gone up sharply this morning. Just wondering if anything is up? Anyone heard anything?

Slightly worried that everyone has been banned and even OD is getting his posts deleted. I’ll soon need to actually work if I’ve got a wfh day rather than enjoy the discussions here. Come back all! All is forgiven! It was the best board on LSE, for laughs sure, but also for some great research. Two posts a day ain’t enough!

Quite interesting trades today. Small slices of £5k a pop. Someone nervous about the price getting bumped up too quickly? Someone building a position? Last week looked like a tree shake from where I'm sitting. Hope it was.
It'd be good to see Alfredo put some cash in. I wonder what's holding him, Lance and Luke back too?
The CFG story is good, but we've got such a tiny position, it won't be game changing even if it does take off.
GLA

To be honest, I'm rather disappointed that so many posts have gone missing. (a) why did someone squeal? (b) aren't we real men that can take it? (c) what retribution is in store once the squealer is found? This is one of the best boards on LSE for banter, second only to the office and provides an excellent substitute when I wfh. THAT'S MY STAPLER YOU @%&*<$%**! And finally, let's make sure we don't let our wrists slip when we contract the word 'have' after 'should'. It's "Should've", not "Should'of". That sound after 'should' is a contraction of the word 'have'. I know you know that and are brilliant in so many ways, but to be one step closer to God, you just need to get that right. And you all have my utmost respect. Love ya guys. See you down the pub at 4pm.

I wouldn't get too dispirited if you don't get a better day today. The view to take may be around 12 months and work within that. When it does go up, it'll pop and you'll be glad you didn't do anything. The fundamentals remain promising here, not only with NAV but what's happening on the wider Cannabis front. There is movement in one direction only (towards the market exploding), and it's only a question of how fast now. Alberto Pascual is an interesting guy on Twitter to follow, if you're not already. He provides both the good and the bad on this front. My money is a shift in Germany first (before the US) and that'll provide the shift in sentiment which will create the significant bump up and restoration of sentiment in SEED's board.

But there's always the counter sentiment (this time in Germany):
https://www.zdf.de/nachrichten/politik/gruene-beschleunigung-legalisierung-cannabis-100.html

There is a lot about timing of news/announcements/IPOs etc. Putting out an RNS at 4pm on a Wednesday is going to have less impact than putting it out at 7am on a Thursday. Best time for positive news to come out is 7am on a Monday or Tuesday. Plenty of space for the market to run with it for the week ahead. Still, we'll see the impact in slower time as the news sinks in via various routes.

Directors' buys bring attract plenty of publicity as various mags list them, and that spurs pieces on whether the shares pose good value. The low SP here is a good story for us from that perspective - there wasn't anything fundamentally wrong with the company, and we all knew NAV was/is around 3x from here. So my guess is that we'll hit 5p pretty soon as plenty of punters want to get in as close to the bottom rung as possible.

NovumBoy - You're right. I never have rushed to your defence. My post an hour or so ago wasn't really to defend anyone else here. It was more about how you're presenting yourself - and to offer a word of help to you. It's more because while you are trying to lay into someone, you are just opening yourself up to more abuse. I don't know you. But you come across as someone who has a brain who doesn't do themselves justice. It's a shame. Beating people up on social media is a bit of an art Novumboy. You really don't do it well at all. You'd do best to stay away from that sort of behaviour. You're just going to get bullied more. I'm offering that as a caring fellow poster, somewhat worried about you. Which is odd, as you're a complete stranger. But your post was a bit sad. And I'm not part of any group btw. So don't think that this is someone trying to kick you while you're down. And keep posting - but not those sort of posts. I enjoy your other posts - even the ones about when you meet various board members.