Member Info for Thronegames

It's interesting what you are all saying about the SP fall recently and there seems to be no appetite for this share at the moment. I have this theory that the SP may be related to proximity to dividend dates. What I mean is, the two annual dividends are paid within a four month period and then a dividend drought for the other 8 months (very approx - you get my drift). I was looking at 5-year chart but there were too many other market variables at work to make sense of whether the share price falls in the 'dividend drought' months. Something similar may be at work with IMB who pay dividends quarterly but the Dec and March dividends have been historically almost double those in the other two quarters; but then it is a bit early to draw that conclusion about the IMB share price which has been rising steadily over the last month. Is my hypothesis flawed? On reflection I would not call it a theory! Interested in your views about such a correlation. If there is a relationship between proximity of dividends and share price then the LGEN sp should begin to rise around Feb 2021? What to you think?

Lurking, I echo what's been said. Be careful. Thought I was clever topping up a bit at 2.07 and topped up again at 1.92 yesterday. No guarantee it won't go lower. The dividends are paid during a 4 month period from early to late summer so perhaps the next few months could see further slippage during the 8 month period where there is no dividend? I don't understand the fall from 2.30 either but if it's related to COVID it could fall further. Here's hoping Trump and Brexit will be gone by year end.

MrMagic that is a sweeping statement : "unless the authorities downgrade the virus to where it should be but that's not going to happen because of the wider agendas going on which are using the pandemic as their platform." Specifically what wider agendas are you referring to?

Beza, that rings true. Also the prospect for the pound looks dismal leading into hard Brexit. But then BP and Shell also benefit from weak pound and their shares have performed dismally over the same 5 day period; opposite direction to IMB, well - apart from today. So if it's FX, surely it would affect all potential beneficiaries equally, or close enough? My guess is that the pound will continue to fall and there will be some Brexit crisis that will push it real low. Then by the middle of November, sterling will start to soar as some genius thinks that Brexit may not be so bad after all. So interesting to graph GBP/ Euro alongside IMB, BP share prices?!!

Wondering why the 10% upswing in the last 5 days; there is something driving this that is not obvious to me - what news did I miss? Or is there some sudden consensus that this is not after all one of the dogs of the FTSE. I had bought in aaround 15.50 thinking it was too cheap to miss!

Yes small top up here at 1.23. SP fall doesn't make sense to me; I think it will be back at this morning's opening price by tomorrow. IMHO

You sure do know a lot about this company, DJryan. If only I had the motivation and time. Takes a lot of work to research one minnow. I'm also in SYME, EUA, ROCK and ARCM. Of course I'm in various Std Life funds and in a few Nasdaq stocks also. What about you? All your eggs in one basket, apart from the pub business? I've only moved into AIM stocks since my 'success' in EUA.

Notperfect, can you explain your rationale in the last sentence of your post? So yes, let's suppose that MM's are manipulating the SP, so on what basis do you see a move upwards?

zac, I omitted to mention that my investment in AIM stocks is the only thing that has rescued my pension fund to date. A few have performed as 'multi-baggers' over the last 6 months or so. Even in the last month one stock has doubled in value since I invested. I am not interested in promoting this here, though.

Well zac0_4 I thought I was being clever yesterday buying a small amount more of L&G at 207p and just look at what's happening to markets today. 2020 could end up looking like a W rather than a V. I've already moved today to take profits on some good performers so I have cash to buy later. Hopefully this is just a small correction. We discussed tracker and index funds before zac; did you not find that they dipped substantially in March with the market? When I look at all index and managed funds, the FTSE was about the worst performer of all and FAILED to recover much after the March debacle. I could not have been in a worse place than in UK stocks especially as GBP depreciated (I'm in Euro) - although most of that happened before March. Anyway, preparing to take a cold bath again over the next few months. Getting sick of it tbh, but I made my bed...

Joey I thought it wouldn't go below 8p lol. I'm holding the remainder of my shares for a few months at least. Best of luck whatever you decide to do.

Some people getting mugged for their shares; who on earth was willing to sell earlier at 7.65p? I've done my profit taking in the last week and I'm not budging on the remainder for the next few months at least. Chart has turned the corner and would not surprise me if it finishes in the blue today.

It's the only question I have left. Still a substantial holder here since last Nov. So I am familiar with the pirate ship banter and the pointless guessing games and all the bot-fly business. But who is Septic Lil? Also one question more; where is SpikeyJ?

Hi swest42. Difference I find on AIM is that value of investment can double in weeks or potentially in a few months or a year. Equally it can halve. Better than sitting around watching BP and Lloyds and the whole FTSE 100 slide. Like watching paint dry. I prefer to be at the races myself.

Well, I've just dipped my toes in; got charged 4.14p. Limited research but enough to see potential to make money here. I've top sliced in EUA and in HZM, Still holding both. My strategy is to take profits when something doubles in price. My trade was for 63,509 shares exactly. Not substantial. I'm cautious when it comes to AIM but I've had much more success than trading on the dismal FTSE or even on Nasdaq.

Naw busted. Top slice at 30p maybe. I think it has a lot of legs above that price. I've been here since last Nov. and two cuts because of past experience, but something tells me I was mistaken. Even at 30p I can't see myself selling out.

That's my dilemma. C. 6% yield is OK at this price. I also hold IMB (disastrous performance) and LGEN which has given me some capital appreciation. Both of these have higher yields. I have a sense that BP my have good upside but of course it's hard to read the bottom. Unfortunately I'm a 'fan' of BP as it has given me good returns since I bought as a contrarian move in 2015 and took some good profits by 2017 / 18. My only good returns recently have been on FAANG stocks but I came late to the party about 3 months ago. Also I have been very fortunate in a couple of AIM stocks. As regards main market FTSE 100, as I am in Ireland, I have suffered from about 7% fall in sterling in the last year and this could get worse as Bexit nears potentially nasty end-game. So I am considering increasing my BP holding. I won't buy more IMB and my holding in LGEN is already at my higher limit in terms of a balanced portfolio. It's great to read the posts here and to share ideas; my wife looks at me blankly when I talk about such things. She just tells me to stop looking at share prices and they will come good in the long term. Yeah right; whose long term? My 'long term' is about 5 years lol.

Not invested but reading comments. Can anyone give me a 'in a nutshell' investment case. And before you say it, yes - I will do my own research. But what better way than by asking smart people who have done their own research?!

Wasarunner, yes I take that one square on the chin! In a previous life I've had a bad experience on AIM so I have been 'trained' / conditioned to be cautious. But having researched this yes, I do believe it is going one way only and as such I retain a substantial holding with the difference that I don't feel the need to check the SP twice a day. I love Buffet's aphorism; "In the short term the market is a voting machine; in the long term it is a weighing machine." But it depends what he means by 'term'. I would add that in my experience, the short term market for a share can scare the crap out of you. However, I am now sitting on these shares for the long term and my bowels are in perfect order!

I now have my original investment back after selling a third of my holding at 7.3 a short while ago. Was holding for 7.6 but needed to get this off my mind. As it's AIM, I see it as a risky, volatile share. However to balance that out, I do see this as a great investment and I'm now holding the remainder longer term as a potential multi-bagger from here. So the MM's can no longer play with my fear / greed psychology. After EUA I didn't believe I could be so fortunate again; still holding at a reasonable level there too until sale agreed. Thanks to the EUA bb member who got me looking at this to begin with!