Member Info for TheThinker

"To shift sausage rolls is the company's goals ."

Sorry @norrab1. Typo. Good Luck with your investments.

I take your point @narrab1. Alternative view is that people doing overtime or second job to meet the inflationary demand will grab convenience food as they don't have the time or energy to make their own. Watch Dominos and Just Eat too. Maybe..

I am also invested in MAFL. They are invested in FRES. This is what they have to say about FRES from MAFL's annual report of June 2021.
"Fresnillo Plc: Fresnillo is a £6.7B Mexican mining company listed in London (as well as on Mexican and US stock exchanges) and is the largest silver producer in the world. Fresnillo trades at 14.5x p/e and offers a 2.65% yield. We acquired our shares after an earnings disappointment and have added to our investment since 30 June 2021. The Juanicipio Mine, of which Fresnillo owns 56%, is entering into production in Q4 2021. We believe that Fresnillo is undervalued and will benefit from the completion of Juanicipio which should lead to a revaluation of its shares." Revaluation maybe on the cards.

"Less than twenty seven, makes Greggs a buyer's heaven"

Shorters are trying to squeeze us out..

9 Feb 2022. Full Year results for 2021.

Back in at 572p. I expect this to go back to previous trading levels in short term. IMO Pile in while BME is at this price. Good Luck

Probably a 6p investor seeing this going nowhere, cashing in and putting their money into something that gives them a chance of a bit of profit in their lifetime.

The sell off undoubtably triggered some auto stops. It might drop again on Friday based on the director selling significant holding. The 300p prediction was made prior to this and has to be dismissed now IMHO. It could be director expectation of staff and shipping costs weighing this down. I'm watching this closely now for the right entry point on JD. I expect this to do well in the long run but there might be a shake out coming. Good Luck Everyone.

Must be a sweaty day for the shorters..Sweaty and brown..

Yo hammer don't hurt em'..

Brel, I remember the Indium announcement. It seemed that MAFL had struck it lucky and that the company share price would grow as Indium production commenced. At the same time I researched and saw an interview with the CEO which gave me more confidence that this was on the cusp of exploding. But here we are years later actually at a lower share price than back then and as you correctly note mention of Indium consigned to history. What next, harvesting 4-leaved clovers, magic beans or perhaps even unobtainium? Will no doubt increase NAV with no increase in sp and no RNS.

Poor shorters...

Thanks Brel.

And another 4.5% down today. Fantastic divergence between the so called 'value' and the share price here. Even better when you look at the 10% spread. The MA-FLy trap is a small seamingly innocuous grey plant. It will hypnotise and entice the unwary with promises of future growth. However this stock is like the jaws of the venus fly trap. Once you are invested there is no escape. You writhe as the MA-FLy trap dissolves your investment slowly whilst you watch helpless. Meanwhile the MA-FLy trap evloves into a true penny stock, virtually worthless with no hope of ever becoming anything greater...

I should add that the cladding manufacturer will have submitted a fire compliance report. Who reviewed it? Who approved it? Was the correct level of dillegence applied? Was it washed over and signed off? The root cause lies somewhere here IMHO.

Agree @tomjones2. The root cause and hence liability lies with the manufacturer of exterior cladding materials and their compliance (or not) with the relevant fire specifications to enable certification of it. Builders would not be permitted to use non-compliant materials and any attempt by them to do this which later resulted in loss of life or property from fire would invalidate their indemnities and leave them bankrupt. The standards are there to protect everyone. I am surprised that Mr.Gove has not reflected this more strongly in his statement. I hope that his statement has not been biased by the fact that it is easier to go after domestic developers rather than the cladding firms, some of whom are international and whose products are being used in their own countries where building standards are dubious, which would lead to questions being asked there.

Hi Tom. Do you still have your ITV shares? Excuse me if I am teaching grandma..I don't know what level you bought in at but you could hold and average down on the dips until you are in profit. Shares very rarely follow a solely downwards path. Eventually you will be in profit when you sell on the peaks. Good Luck.

I read Carolyn Mccall's bio on Wiki and she seems to have a decent track record in previous roles. Now that we seem to be emerging from Covid it will be interesting to see where this goes. I bought in Dec 2019 at 153p with a small holding. This is a sleeper for me so I am prepared to hold until it I'm back in profit. Good Luck Everyone.