Member Info for Takayama

Jayblu48 - Hahaha! Great cut and paste!

Matt12345546253. What's your point? No one will read the link.

Valuation is tricky. But current trends: "Citron took to social media to say that Riot Blockchain stock should trade in line with its net asset value (NAV)"
ARB - 382M shares at £2 approx £764M valuation
It held 764 BTC at end of March @ approx £50k = £38Mill
ARB is on 20 PE at the moment. I'm a newbie so happy to be corrected.

Moog - If you sell to the MM at, say 185, the MM will always find someone who buys at 186. Thus the MM has made 1p from that share. The MM will set his bid (185) below what he reckons the ask (the price he sells at) will be (186). The spread reflects the risk and the liquidity of the share.

Calamari - I don't know about'most', but I can see that there are a fair few who don't really understand the data. Greed and gambling are always risky.
Tiger16 - I may be wrong. The honest truth is no one knows. Not even you. But experience (and a very wise investment sage) have taught me that the key rule is not to make money when dealing stocks but to MINIMISE YOUR LOSSES. Profit follows on automatically from that. It's a hard one to get frankly! That does mean it pays to jump out when there is a significant drop and jumping back in at a lower price if you are hell bent on holding the share.
What gets me are rampers leading the blind/inexperienced into losing money. That really gets my goat.

You can't. They've mis-read and misunderstood the data.

Best thing you can do is get out now and wait for the bottom to come. You can tell I'm not a holder but a vulture waiting on the wings (an experienced one at that) to jump in and grab a bargain, perhaps at 120 or below. What worries me is that I seem to be the only one. There seem to be lots of PIs trying to reassure themselves that all is well, many who don't seem to know how to read the data. I'm easy if I'm wrong and this bounces up today. Good for you and you're holding, and you do well and I do badly. I wish you all luck and I mean that sincerely.

Was Damocles a prophet? And if only he had tried to catch that falling sword!

Well, that'll be some bounce because the bid/ask is about to drop another 5p! And after that?

As a newbie here, grateful if you could point me in the direction of the data around shorters? I can't see any. People are mentioning shorters, but is this speculation or do you have access to data somewhere where these short positions have been published (in line with statutory guidelines etc)?

Nael - the trades are NOT reported as buys OR sells. This is trading basic 101. What you see is a guess by the bot that makes a call on whether the trade price is closer than the bid or offer price. It's an INDICATOR. That's all. Definitely NOT a report! On top of that, sometimes the trade is logged a little later than when it actually happened, so there is further distortion as the bid/offer shifts. If you're looking at the reds and blues as an indicator of whether more people are buying or selling, then you may need to do a bit of rethinking about your strategy.

I tend to find that appointments make little difference to SP unless it is some sort of 'superstar' being appointed, with a known record in the city. Today's sells really do defy logic and I missed the point about this being a short term 'trading shares' with traders trying to outsmart each other about calling the top and bottom. I was in KNB and CBX, both as a speculative punt. I remember doing more background work one night on, I think it was CBX's, proposed distribution channels and saw they amounted to something akin to a lock up in Wembley times two. FFWD's investments are so, so much better thought through than many punters' personal investments, and of course, valuation of assets is the issue here. But Berkshire Hathaway manage to do it, and for some reason, the ability to be recognised by markets eludes FFWD. I'd love to see FFWD transform get it's £50m valuation and wouldn't be surprised if we don't get a lot closer to it by the end of this year.

It's pretty tight up to 310! Phew! Glad I didn't get spooked post IPO! I'm guessing this is going to settle around 350 perhaps? Well, wishful thinking I guess as no one really knows, but the last few days have shown some pretty decent steady gains on quite low volumes.

I for one am a little surprised at the sells, retail or not! There is plenty going on, plenty in the pipeline, and within 2021!!! I really didn't expect even a tiny drop! Anyway, that's the markets for you! Completely illogical!

Suzy2 Re: "Takayama. I have thought that...that you have a better insight than I have. ;-)". Sadly you've missed the point (again) of what I wrote.

Suzy2 - I don't mean anything disrespectful about your age. The point is more that it's easy for Baylan to kick the ball down the line. I hope Treetop is correct - and frankly if I were in opposition, I'd make a meal of this too. But of course, I'd be making enemies along the way for precisely the reasons WIW gives. I really don't know the correct political response! No one does - it's a gamble either way as you'd be making enemies either way! Ironically, Kurt is in the unique position of being able to change this from a two way bet to a one way bet. Investment wise, I do think this is a great opportunity to top up (I did so quite recently). I'd say risk (of a decision not happening in the next 12 months) is at the lowest it's been for some years. And Suzy2, I'm afraid my statement is true! I've pretty good insight into what my personal view is! Better than you!

Well, if Baylan's intention (or that of his successor) is to wait until BEM folds, then the election date works well for him. Don't do anything until that date passes. I'm guessing there are a significant number of elderly shareholders, who with all respect to them, will one day pass away. We've waited 8 years, it may take another 8, or 18 even. The steady, non active shareholder base that Kurt enjoys will slowly whittle away as shareholders decide it'll never happen and sell up, or as their kids take their inheritance and wonder why on earth their parent had invested here in the first place? That's what a politician would be calculating if they were trying to procrastinate. Personally, I reckon this year is it. My fingers and toes are twitching and my abacus calculates that the chances of UNESCO getting involved in domestic politics is low. We'll see a decent SP spike after UNESCO come back with that answer (pre summer), and then we're going to get a decision in our favour (around Oct/Nov). Pressure has never been greater to make a decision. At least that's what my appendages are indicating.

Gotta say Buster, I enjoy your posts! You don't sell a Covid cure consisting of some red yarn and some divine cleansing oils btw? !!!!

Yes, WIW, I agree with you. It's got nothing to do with us on this bulletin board unfortunately! Nor has it much to do with Kurt. At the end of the day, Baylan can do what he wants. That where the power of decision lies. If he wants to approach UNESCO, no manner of strongly worded posts on this board, nor from Kurt, will change anything. If he wants to apply for an extension of the site, he can do so, regardless of whether it is 'right' to do so, regardless of his chances of succeeding. If only we could decide what happens!! Unfortunately we can't and neither do we have a crystal ball. Neither does right always prevail in the business world (possibly we'll see that here too). My personal view is it's worth mitigating risk when we have the opportunity to do so. Here, we've chosen not to do so. Ho hum. It's a political balancing act in the end - what's going to get Baylan and his government through the next elections? A mine/jobs etc or preservation of Sami heritage? Who was there first? Where's the future? It's also possible to see them as NOT mutually exclusive.

I agree with you guys that it wouldn't be in the national interest to deny the mine, to change the boundaries and so on. I too, can't believe that a licence won't be granted. But of course, I would say that because I'm a shareholder. I'm always a little bit paranoid about these things though, and seek to challenge my thinking as much as possible. This means I also always try to mitigate risk where I think it is possible to do so where it exists. I know that in that I'm different to Kurt. I've written to Kurt about this and I know he is annoyed with my questions in my email to him (as some of you here will appreciate) as he has decided not to respond. Perhaps a little too awkward? I dunno. I have to admit therefore that I'm here because of the asset rather than because of the CEO. Happy to disagree with others about Kurt. I respect your views. But here, for me, this is definitely a crossy finger and crossy toes investment. And only for the Kallak asset. Because it is huge and logic dictates we'll get it.