Member Info for Takayama

I note the Juvenescence IPO is expected Mar 21-Sept 21. We have 128k shares. The company is valued approx $500m with funding of $162M according to craft.co. That suggests the current NAV of £2.3M will bring approx £7m to SEED with the IPO. I'm guessing there must be someone smarter than me here with a more appropriate view of SEED's actual current NAV than myself. Any takers?

ODONNELL - There won't be the same incentive to buy at 17p as it was at 8.5p either. I'd highly recommend listening to MAT78's post of the Ed McDermott interview on "12 Days of Christmas". There's still time to buy back in tomorrow buddy!

ODONNELL. - I think you may be in a minority of profit takers. You've often declared you'd be selling at this point for no reason other than it is slightly higher than what you bought at. Most are buying, and with good reason. With the large seller now out of the way, and LEAP news on the horizon, the upside is definitely looking much more attractive than the down side, even in the short term. The price the large seller had driven it to was ridiculously low and it remains very low even without LEAP IPO. There's therefore little reason to sell at this point. SEED remains a better bet than most (if not all) out there. Sometimes holding is a better strategy than taking profit. It's the time vs prospects/sentiment equation. You've gone for the front end of that equation (holding for longer increases risk of loss of profit) and I'd venture, have miscalculated the other end. Good luck buddy nevertheless.

goonertone7 - I stand corrected. It's the association with cannabis. I recall this when I was trading other cannabis stocks (KNB,CBX etc - though I vaguely recall that when challenged, those platforms buckled quickly and rescinded their 'filter' for those particular stocks). Thanks. I use AJ Bell execution only. No problems there.

Or you could give IG a call. It isn't a complex instrument, so there is obviously a glitch somewhere. It's a straightforward tradable AIM share. Can't get more liquid than that.

It is a strong start, isn't it - and with good reason. We're going to see many things come together by year end. One thing for certain, volume is tiny suggesting that MMs have been perhaps caught a little short - perhaps not spotting the depletion of the remaining 3% of Rhonda's shareholding. There really doesn't seem to be much stock around now, so given the positive outlook for SEED, it's only likely to continue going up. One large buy and the MMs will be banking a loss on this one I'm guessing. It's going to be carnage (in the sense of the price rocketing up) should the LEAP IPO be announced soon.

So just to make sure that Dougie999 gets the point of the post: if more bookmakers are interested in sports games, then there is more demand for the products that Leap produces. The article is about the deregulation of online gambling in the US, and the increase in demand for the products that Leap produces.

It's going to see a nice steady rise back to NAV at the very least. That's around another 50%. Then there's the LEAP and other IPOs. We're going to see a £50M company - that's triple today's valuation using LSE's valuation tools. Relatively speaking, for that sort of return, this is the lowest risk investment I've seen out here. It would be interesting to hear any other views, dissenting or otherwise. Always interested in challenge and ideas of 'better opportunities elsewhere'. I can't see any, reflecting not only on actual returns, but also factoring in risk and likely volatility factors.

ODonnell. I have to admit I’m a little surprised at your last post focussing on the near term? Are you seriously suggesting that should drive an investment at this point? We all know that SEED’s going to be involved in at least one IPO in the next twelve months, so surely that’s the first horizon? It’s as definite signal of a serious return as anyone could get! A man of your experience and distinction really should know better than get involved in marginal day trading, especially here! Don’t ignore the obvious signals!

There'll be a whole lot of new people scanning this board now the SP is in the leaderboard, and they're wondering whether to invest - or they have just invested and wondering to hold. I'd suggest the first thing is to look at the NAV, look at the SP, look at expected events over the next twelve months. Consider very carefully that the company now is very different to the company 24 mths ago and the mistakes before. It is now focussed on becoming a vehicle for early value investments in what is set to become a very large market. Previously it was all over the place with no real definition (all well documented), so no wonder it continued to tank. It has focus now and it has a talented team of experts driving it. The past share price, and so the views of many (self-defined) LTHs, may be related to their previous experience with this company. It's not my experience at all as I bought in around 10 months ago. Look to now and the future. Ignore your own judgement at your peril. Seek the views of others, but don't necessarily follow them. Make your own mind up.

Bilbo - out of curiosity, what are your 15 and what’s your formula?

Oh please could someone direct me to Quint on Twitter? I promise I won’t buy on a stranger’s advice!!But it sounds hilarious! Pretty Please! I’m bored!!! thanks in advance!

You'll all know this anyway, but it is significant for 'sentiment' around SEED if nothing else:https://www.independent.co.uk/news/world/europe/cannabis-weed-approval-parliament-malta-b1975989.html

I'm intrigued by Yooma's price on CNX - 10% of what it was earlier this year. It's cash generating, really really well placed in the CBD world, so it looks really cheap. Given the imminent influx of funds to SEED from the sale etc of LEAP, what's the betting we end up with a sizeable holding of Yooma? It's ridiculously cheap, right?

Anything under 440p is a steal.

Is there any indication that ITM will be involved in this? The reason I'm asking is because there is a very similar project in Mauritania, though for 15gw:
https://www.lse.co.uk/rns/CHAR/green-hydrogen-project-zkzh6rwyz2nljko.html

Toneman - would you mind elaborating? A one day drop on Thursday with a trading update? Why would the news not be pleasant? The drop seems mildly cyclical and mild in itself. Hardly noticeable in fact? I can only imagine a trading update outside of the quarterly updates would be disastrous or significantly better than expected - but having just announced a giga factory, a successful capital raise and a large contract, that 'feels' pretty unlikely? Always interested in others' views though. In a way, speculating about outcomes from COP26, if anything, I'd expect everyone to be rushing in with orders Thanks in advance.

I call it spot on! Can’t believe I actually got my timing right! That’s the second time this year! Last time was great too. Anyway, I see an exciting future ahead. The next three months certainly! Thanks to all for either excellent informative posts or entertaining posts. Btw, I can’t find Quint on Twitter…. ?

Hi O’Donnell. The volumes pushing us down have been tiny. It really won’t take much to push us back up. The MM s are a nervous of any buying - market size is limited to £7k, suggesting any buy larger than that would push the price up. Theyve no idea where demand will go. So yes, some may sell when we get back up over 7p, but what I can see is screaming value. And enough trickle of news to suggest this market will only go one way. So as an investment trust, the strategy of this one is sound. Buy low, sell high. Buy when others are selling. . There isn’t anything wrong with SEED, fundamentals are all pointing in the right direction. I get everyone is pi””Ed off here, but my money is that the SP will overshoot NAV next year. I’ve been wrong in the past, but it feels I may be right here. It isn’t emotion.

I bought another £7k worth today. I've still got some funds elsewhere ready to put in here should it go lower. If it does go lower, then I suspect it won't really drop below 4.5p. That's only 0.9p below what I paid today.. I hope it all pulls together. It was the 300k trade today which made me suspicious. It feels like we may be towards the end of the persistent selling. And it really does feel that's the only thing dragging this down. If I were Ed, I'd have a word with his mate Lorne and just ask him to sell it all in one lump. Ed's confident of course because when Leap does IPO, then we'll be quids in.