Member Info for TalygarnTom

The funny thing is I originally named my research "The Boy Who Cried ASOS" obviously after The Boy Who Cried Wolf. The moral being that he cried out so many times that the time he was right, and there really was a wolf, nobody was listening.

I'll tell you what I think. I think he could be very wrong on this one. Just like he was wrong when he said he was going to "back the truck up" on Revolution Bars not so long ago - anyone remember that one? Just like he was wrong on Mysale, Cloudcall, N Brown. You see some of us remember to keep a regular track of his "winners". I don't have a problem with him having an opinion and he follows an investing style which works for him, it limits his losses, and that is fine.Yes, he doesn't have to be rude but honestly it makes no difference to me. I've sent my notes to some very credible reporters and asked them to watch the story unfold from here. I've worked in some of these emerging economies and things don't always run in a straight line but I know what powerful people like Biyani can do for a small business like Koovs and I can't see very much downside from this point if you invest for the medium term.

New fashion brand "Cover Story" by Future Lifestyle Fashions expected to generate £10m per year and growing at 100% per annum. Would look like a prime candidate to be added to #koov website. #teamkoovs

https://www.coverstory.co.in/lookbook-5/

A CAT IN A CAGE BECOMES A LION (Indian Proverb)
As India's largest fashion retailer buy a stake in Koovs Plc is now the right time to invest. #teamkoovs

http://www.evernote.com/l/AB5dMSAkscBMfbsdGzF38A19W9AtEkJwbuo/

Sosander is massively overpriced at 24 x sales and Koovs slightly underpriced at 3 x sales.

Consider Boohoo is priced at 4 x sales and ASOS at 2.4 x sales just to put it into perspective.

Long story short - Morgan Stanley put out a report that indicated that it was possible that future lithium capacity & prices were overestimated. Finance for junior lithium projects became more difficult and costly to secure and as a result of these knock on effects Bacanora was forced to cancel their recent placing for $100m, presumably because the cost of the deal was not acceptable to either them or the other key shareholders like Hanwa. Give that other parts of the finance secured so far from the likes of SGRF is reliant upon them securing the entire $450m there are obviously some concerns as to whether a) they will secure the remaining finance and b) if they do, what the overall cost of that finance will be. The frustrating thing for Bacanora is that they now have the go ahead to start the project once the financing is complete but there is a possibility that failure to secure the finance in the immediate future will lead to a costly delay. It is important to note that these issues are affecting the entire lithium industry not just Bacanora.

Excellent commentary guys. Be mindful of the big player in the game. Pavlidis recently acquired Stone Works Holdings Cooperatief majority holder of Mermeren Kombinat. I'm pretty sure that this is what Stone Alliance has one eye on.Very early days.
https://www.youtube.com/watch?v=Fihtz4RyhVQ

https://twitter.com/hydrofinity/status/1018913892595130368

There seems to be a lot of people on LinkedIn that are employed by RM2. You can always call or e-mail Kevin Mazula.

https://www.linkedin.com/company/rm2-s-a-/

https://www.linkedin.com/in/kevinmazula/

Link here: https://www.quadrisefuels.com/sites/default/files/2018-08/QFI%20August%20Conference%20Call%20Recording_1.mp3

Interesting reply from Mr Neill Ricketts this morning in response to a question on Twitter.
https://twitter.com/IWestbrook5/status/1023860471865196544

Coincidence?

Here's an interesting one. On the day Future Lifestyle Fashions announced the Koovs deal it's share price and market cap rose by more than the entire market cap of Koovs. What do the Indian traders in India know about this Indian company that we don't?

I beg to differ. "Discussions progress with Maersk relating to the Royalty Agreement in the context of recent market developments." Surprise, surprise.

“The global economy likely faces an economic crash of horrible proportions in 2020, not for want of a nail but want of low-sulfur diesel fuel,” writes renowned energy analyst Phil Verleger in a note this month titled “$200 Crude, the Economic Crisis of 2020, and Policies to Prevent Catastrophe”.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/QFI/13733425.html

Thanks guys. Yes, I was aware of both of these, what I was thinking was why don't they have a mirror site in the UK and compete directly with Boohoo/ASOS.

Has anyone ever come across a reason why Koovs don't sell in the UK? Is there some contractual agreement between Lord Alli and ASOS for example.

If BCN can put this finance in place at a reasonable price they could be in a superb position in 3 years time as demand for Lithium picks up.

Here is a better link: https://www.evernote.com/shard/s30/sh/dfe7552e-170f-419a-b0d6-bcf4952e6318/b3ad5ce562e0f9f8

https://www.bloomberg.com/news/articles/2018-07-02/lithium-s-top-challenge-is-finding-funds-not-the-battery-metal

Thanks to the posters below for the comments.

I looked at this more closely and have a better understanding of the issues surrounding the recent placing. Basically, Morgan Stanley produced a controversial forecast with regards to future lithium demand and the respective pricing and this caused some institutional investors to re-work their own forecasts.There is a widely held view that there is something of political game going as everyone positions themselves in the development of the lithium story.

This is the brief article from City AM covering the basics.
http://www.cityam.com/281270/lithium-prices-going-drop-45-per-cent-2021-morgan-stanley

I then decided to compare this with the world renowned expert on Lithium Joe Lowry who you can follow on twitter here: https://twitter.com/globallithium

It doesn't sound as though he is at all convinced by the forecasts put forward by Morgan Stanley and feels that it may be part of a wider game to drive down asset prices to gain a better entry point for their larger investors, hence the reason why Peter Secker is not at all happy. Joe produced a podcast in which he expresses his opinion on iTunes here: https://itunes.apple.com/gb/podcast/global-lithium-podcast/id1316155766?mt=2
He covers it in the episode "The good, the beard & the ugly" and it starts from around 7m30s in.

His name is Andrew Hugh John MUIR. From what I can see he also used to be involved, many years ago, with THE CENTRAL EUROPEAN GROWTH FUND PLC. before he was involved with JPMORGAN CAZENOVE. His DOB is 08/43.
I note also that a company called Agra Marble was formed in 2015 by a Scott Andrew MUIR & Fiona Rachel MUIR. These two facts me be unrelated but the coincidence is notable.