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more likely a symptom of the wider market sell off
good advice... i sold a share once on the recommendation of my broker as it had been stagnant for quite a while. ended up 10 bagging !! so called experts can shove it up their you know whats!
Hopefully this will put Zaim on the radar of more investors.
Ive been here long enough to not be overly optimistic on timescales... lets look at the wording from the April 9th RNS...
"We are pleased to update that the asset management company is currently in the process of reviewing a block of 100 life settlements, these assets were sourced by Alpha Growth and will be managed by Alpha going forward. Once this review completes it will further add to our AUM and revenue. The Company expects to make a further update regarding this before the end of April."
The last line is key...So GS "expects" to make a "further update" - hes not saying its even going to be concluded. Lets just see what happens next few days. I hope its is concluded this week, but any LTH will know where im coming from.
plenty of time to get back in jgj99 - imo this is only just getting going.
Splendid piece of analysis there Giles. This next piece of news, as you say, should be transformative. The beauty is, none of the good news is priced in, algw has always been in my opinion valued by the market to fail, I mean with all the potential the Mcap was £3m when I first got on board! . I think that has changed since the northstar acquisition and we, hopefully, will now see more positive share price reactions to the progress updates as and when they arrive.
Tiggs, did you notice the trades for £9999 last week. About 16 of them in total. Some big shapes changing hands here. When it’s all done it’s going to shoot up.
I’ve only been here a few months too. Also find it very quiet in here and advfn. A few loyal followers it seems on Twitter. I like finding this kind of stock though, so under the radar,. Guaranteed when the herd arrives on some breakthrough news it should go ballistic.
That was a delayed trade from Friday. Been a lot of very large trades, buys as well as sells over past few weeks. This is poised to go a lot higher in my opinion. Everything is pointing to it. FD recently bought a shed load, 1.3m if I remember correctly, the business is becoming more profitable, reducing costs, mobile app release imminent, broker target of 11.6p ... no way I’d be selling any right now. DYOR
Totally agree with you on this raaydaar - I’d be thoroughly disappointed with 10p.
*on... damn corrective text!!!
One of the best rns they’ve ever released. We are now cooking in gas guys
Zaim Credit Systems
@ZaimCreditSyst
·
14m
#ZAIM Following a strong end to 2020, with unprecedented growth for the Company,
@optivalondon
ascribes a target price of 11.6p to Zaim, for an implied target valuation of £50.7m.
In response to Rambo. So true! Anyone not familiar with Jason Sutherland go check out his credentials
tree shake over - up we go
I’ve just written 3p, 4p and 5p on 3 separate ping pong balls and fired them out of my Mrs hairdryer. The 3p landed in the bin, the 4p bounced into the ensuite and ended up in the toilet and guess what? The 5p ends up sat on the bedside table right next to my wallet/. 5p in the next two weeks!!!
global pandemic hasnt helped
its always been $100m from day one
I’d say so, looks promising
Yep sure will Steve. Good luck all holders.