Member Info for TheBeerStalker

Not tried the gold - but I agree Hobgoblin is a top beer at such a great price thatI don’t feel compelled to seek a shareholders discount at the till.

@Jusername
Welcome on board.
Yeap took up option at £1.00.
There is no glass ceiling on this share, based on pre-COVID pricing. I have no idea how far it will go, but I don’t need to sell, so I’m just going to hold on and enjoy. I think it has massive potential. Best of luck.

Happy to have reinvested this AM, with CINE now no longer ‘the one that got away’ from my recovery fund. Here for the long term this time, through thick and thin. I’m perhaps not the most popular poster on here, for losing faith last year, and daring to question the hardcore as to whether CINE would make it in those dark hours, but I’m thick skinned and can live with that.

If it drops further, I feel compelled to top up. IMHO it will come back, as the issues are of corporate governance, which can and are being addressed. If I have to wait a while for it to recover and push on, that’s fine - there’s no rush. Biggest current losing share I hold is CEY, and I’m relaxed in the expectation that it will turn the corner in the months to come. I have the same sentiment with Petrofac. Absolutely no plans to sell and none envisaged.

When MS tell the market they are downgrading, that is a trigger to me to look seriously at topping up. Remember something similar happening with CINE last autumn, compressing the SP, and guess what, 2 - 3 weeks later it was followed by a huge buy.

TBH I’d be OK in terms of trading if it went back to 20’s, as I’d seriously load up. It’s proved what it can do in the last few weeks when there is positive sentiment. The 3rd wave in Europe is a worry, and that could weigh heavily on this share at points over the next 2 - 3 weeks. Let’s see how it pans out....

The vulture jumps on board - i.e. I bought in this AM. Companies like this don’t just sit back and watch their share price get hammered. The bad news is out there, the panic selling has taken place. The reparations begin. Certainly felt like an asymmetric opportunity to me...but I might be proven wrong.

@CDSI my average price is similar to yours, and I am option 3; not looking to sell at a loss. I have averaged down from my 164 entry. As and when (not if and when IMHO) it rises above my average, I might reduce and divest my holdings, if there is something that catches my attention then, but if in the meantime it dips below 100, I’m topping up and averaging down further.

Good to see it recover most of Friday’s heavy losses in a single session today, attributed to Norwegian tapping up investors on Friday, which didn’t make a lot of sense to me at the time (a couple of percent yes, but circa 13% - was very puzzling).

I do feel this share has the potential to do very well moving forward. There are some great deals for them on new sites, and it seems they are well positioned and minded to acquire in good locations. I’m on board for the long run.

@Toxicfrog
I agree, would like to see more posts on it, as it’s an interesting share. I have a feeling it has a lot more in the tank yet in terms of SP growth. It’s a long term hold for me, hoping that later this year it will push beyond its pre-COVID levels.

I don’t buy into all the current negativity about gold being an outdated commodity of little worth; an analogue investment in a digital world. So institutional investors are dumping it; probably the same ones that dumped CCL, SGC, FGR, NEX, IAG etc when they took a pounding due to COVID-19. I hoovered up those up shares when there was similar negativity about them - thanks guys, happy with how they’re doing now. I sense the same Ill-considered short term sentiment around gold now. CEY will have positive news on restabilising Sukari in the months ahead. Gold won’t keep falling in value. It has been around for centuries as a store of worth, and CEY will recover from these dark days. I topped up on Monday at 102. Just my opinion of course....

Got through the budget today unscathed, and good to see signs of positive momentum. Hopefully onwards and upwards now.

Livepari4
You ask why a share like this could double, thus taking it beyond pre-pandemic levels. I’m not saying SGC will, but I think some recovery shares will, where the companies emerge from the pandemic in good health, as they will be the ones in their sectors that can push on, increase market share and revenues, thus giving them enhanced future prospects.

I plan to stick in SGC long term, so I guess I’ll find out. I wouldn’t be astonished if it did move beyond £1.50 though.

Just going to hang in here long term and see where it goes - entered last year at 833, when people thought I’d lost my marbles investing in this, at a time when others were dumping, and saying cruising is not going to be on the agenda for a very long time.

Tough day today, would like to have topped up at this price, but couldn’t justify doing so financially, in the bigger picture on the day. Hopefully, better times around the corner...

There will be some profit taking as SP rises, but I see this as a long-term hold. Feel sorry for some who through the towel in a few months back, in the dark days of sub £10.00, when the idea of cruising in the foreseeable future seemed like a ludicrous suggestion.

Hmm...well I took the plunge and jumped back on board today - it felt like the right time to give it a second chance.. I’m hoping it’s in oversold territory, and I can enjoy the ride this time around; albeit, I expect I’ll need to have some patience, but there should be capital growth in the months ahead.

I’ve been patiently waiting for this SP to recover for some months now, whilst it has lagged behind most of my other holdings. In recent days it has at last done so, and whilst I think it may take several months longer than I initially hoped to get to when I first bought in, I think it will do, and am glad to be on the journey, although it went through some frustrating periods along the way.

Hope you guys are right; you are echoing my sentiment; I’ve invested a fair bit on this share, and it feels cheap at this price - hopefully it will edge upwards moving forwards