Member Info for Takayama

Approaching the 2020 July low now.

No. I’d say there is further to go. Down to 5p at least I reckon. I bet lonrne’s mum’s brokers have a deadline of before 31 December to meet. Even they are surprised at the lack of take up. There’ll be one final big dump driving to 4.7p or so…..
Gla

Forthewin - Yep, I know how you feel too. My average is around 9.5! I hope I get my money back. In reality, I am pretty sure I'm going to get my money back. So yes, others will profit from the low price. I wished I had held back so I could have done. But what can I say? That's the stock market for you? It isn't about rewarding loyal LTHs. It's about timing. Anyway, I'm guessing that thin volumes have pushed the price down and thin volumes will push it back up. So not many will profit from an upward surge. Also, we had an RNS announcing when Lorne's mum slipped below 3% so Longlad is also right - it MAY be someone else selling, but I bet the bulk is Lorne's mum. That's what the RNS suggests. 3% more to sell. The whole sector hasn't done well recently. I remember looking and looking at Amazon when it was stuck at 100USD thinking what was wrong? Why weren't people buying? And I steered clear. Woe befall me. Patience. The sector is generally at an infant stage now, but wait ten years, and you'll have a really crazy return. This is a sector specific fund now. It's about investing in the sector. It isn't about investing in a company that is making cuttting edge tech anymore. Did you catch the news in Germany last week? Lorne's mum is going to kick herself in a couple of years. In the meantime, I'm waiting for my other investments to give enough of a return so I can buy more here.
https://www.cnbc.com/2021/11/25/synbiotic-pops-after-new-government-pledges-to-legalize-cannabis.html

Good opportunities presenting themselves elsewhere, and I, as others, have been surprised by the solid response this morning. Just trying to work out what's behind it? The City AM story is good. The news out of South Africa is good. Mr Kit Malthouse defended the government's approach in the wake of Omicron emerging, telling Sky News it is "proportionate and precautionary". He said he has "great confidence" scientists will give us a clearer picture in the coming weeks. "We need a bit of time to make our view of what this virus is capable of," Mr Malthouse said. Asked if any further restrictions could be imposed, the minister said: "The prime minister is doing his best to help us live life as normal as possible." It all seems to suggest swings and roundabouts. The risk of selling now is perhaps greater than the risk of buying. Restrictions look pretty temporary. I bet the winter season is already booked. Will people cancel their flights? It may affect bookings for next year, or perhaps just delay them until the inevitable lifting of restrictions happens. People want to fly. People want to go on holiday. Perhaps this is just a blip. Let's hope so.

is an estate agent. She doesn't really care about the company. Lorne is out of it, so why not cash in? They're not going to hold for a variety of reasons, none of which relates to the value of the company. All of which to do with wanting to buy other stuff. That's what people do, irrational or not. Sometimes you just don't want to invest. The drop will continue until she's sold it all, and then we get a period of at least a couple of weeks of silence. Then there'll be an IPO, and then we'll LEAP. It's all part of the plan. Who cares if it goes below 5p? Better buying opportunity, right? We're sitting on what is becoming a mountain of value here.

I think I'd even be tempted to buy more of Yooma at this price if I were Ed. It looks a bit of a bargain basement steal.

Is this old news? Anyway, being listed is a real pain as you really are subject to retail vagaries. Such a pain, pain, pain as it doesn't really reflect the value of your company. Your company is left in the hands of the 'less well informed' to make a call about how much it really is worth. Far better to keep it off the markets and in private hands. Less time spent squabbling and trying to satisfy short term demands, and you can focus on the long term: https://www.proactiveinvestors.co.uk/companies/news/966891/yooma-wellness-says-retailer-asda-begins-stocking-17-cbd-products-supplied-by-uk-business-vitality-966891.html

Since 20 October, Rhonda will still need to have disposed of 6 million shares or so. I haven’t counted but I’d guess there’s 1/2 mill a week or so being disposed off. In a thin volume market, this can only send the SP one way…. .

FF23 - Given your other posts today, I'm guessing your question was around strategy. So was mine, and I'm guessing that when the webcast recording becomes available, I'll spot that my question on strategy also wasn't answered. I'm a lot less sympathetic to Mr Budge. I think he's avoiding the heavy lifting. Trying to answer difficult questions helps others identify holes. I have to admit that I'm not surprised the general conclusion is nothing was achieved.

am not bothered at all by this dip. I’m fact, I welcome it as it will present an excellent buying opportunity. I just hope I time it correctly, waiting, waiting and then jumping in. I do see further red. Lorne’s mum’s broker offloaded some more today, of course with the instruction to wait for the rise, but presumably with a certain number/value to sell each week. She’s not going to wait. The question is, what’s going to come first? Leap news, or the end of her holding? Can I wait? Anyway, GLA and congrats on keeping this an entertaining board.

What's the reason for the constant sells then? We all know she's selling, and had 3% left to sell after the RNS. There are pretty consistent large sells totalling around £20k a week and have been even pre-RNS. We know she intends to dispose of it all also. News is good for this company, so I'm interested in other reasoning.

until that seller has disposed all of their shares. And it is a drip, drip feed. It would be so useful to get somewhere/someone to just place Abony's remaining shares so we can start seeing a proper market again. Do we guesstimate it at around £20k a week disposed? That's another two months of this drip feed (given what's gone before). That's going to be January, right? Postcard length answers welcome. I've some other companies I had been watching (not least EML as we all have but also CHAR and VLS), and have mis timed where I thought the uptick would come first. Snore and self flagellation.

Lloyds - There are some good boards on this site, but I agree the IAG board has descended into one dominated by social chatter, apparently from the unemployed with no real world friends and no other social outlet. I look and hope occasionally for interesting points being made or colourful insights (thanks for those when they appear), but alas, it's dominated by people with fragile egos who get ruffled easily by strangers' comments, and waste our space with idle personal point scoring. GLA. The only way is up.

Options are an incentive to employees (directors) for working in the company. They are promised a certain number of shares at a certain price at, say the start of the year. And they are told they can buy these shares at a time later in the future. The incentive is to work hard so the share price goes up. If it does go up, then they bag a bargain. So they paid £70 000 for over a million quids worth of shares. It also keeps the salary bill down for the company. It should make every share worth marginally less, but in reality, the share price moves for other reasons.

I think someone pointed out that Rhonda Abony, still had lots of shares to dispose of AFTER the RNS announcing the dip below 3%. I'm guessing this is what we are seeing. As many know, there is no reason for this drop beyond retail. In a way, the delay in LEAP is fine as the longer it is delayed, the less shares are being sold by Abony profiting from the gain. Let's stay cool dudes. And of course, wonderful top up angle. It isn't years of disappointment. It's a buying opportunity.

Someone asked what will happen when pent up demand passes? It's an easy answer. We revert back to normal profit levels. There is some point in the current strategy - use the pent up demand to maximise profit and that will eat away at the debt. So will normal profit levels of course, but obviously not as quickly. That's the great thing about pent up demand.

Interesting pointer to what the future holds. New collaboration announced today:
https://www.reactionengines.co.uk/news/news/press-release-joining-forces-deliver-world-leading-decarbonisation-technology

Some good comments and useful observations. Nothing spectacular in these results either way, but whatever happens today/next few days, the direction of travel has been defined: "In Q3, our operating cash flow was positive for the first time since the start of the pandemic and our liquidity is higher than ever, reaching €12.1 billion on a pro forma basis at the end of October.' Traders will have their fun, but ultimately it will be the investors that win.

LordChaos - I'd still suggest he goes for a job in Lidl. He'll make more money that way.

To make it worthwhile to be day trading IAG today, let's say you want to get more than working a full day stacking shelves at Lidl. That means you need to have been playing with at the very least £8k. Given the risk involved, that's a bit of a bad calculation. Everyone has got a different risk appetite, but it's a damn sight easier, less stressful, and less risky getting a job at Lidl than playing with 8k here - and you get the same return. If you are playing with more than 8k, okay, you are getting slightly more, but then I'd be questioning why you have so much money to play with and your choice is either shelf stacking at Lidl or playing here? Surely you can do better?