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I sold a six figure stake here (at a profit) a few months ago. Will buy back when the sp falls. Per HL, divi @ 8.26%, 12 month performance @ minus 8.67% My SIPP cash @ 4.5%. Buy low and sell higher. Ignore the divi. Just my humble opinion so please carry out your own due diligence.
I was fairly sure I would not add to my holding. However, the price is looking attractive. Also, Warren Finegold recently bought c£45.000 @ 225 and Karen Bamber bought c£28,000 @ 231. If the price recovered to these levels then the profit would be worthwhile. They must have seen good reason to buy? I will see what tomorrow brings but I am tempted. Of course, do your own due diligence.
Many quotes endure over time despite being of little value because they sound good and, more importantly, make those who regurgitate it feel good. How can you evaluate a value if you do not know the price? Nonetheless, I do hope you are right about Ceres, I would like to recoup the price I paid.
The sp is down 63% over 2 years, down 88% over 3 years and down 80.73% over all time. I respect all enthusiasm for the the future potential here. However, of now, this is a triumph of hope over experience. I sincerely wish hope wins and I can recoup some of my gamble. No regrets because when you gamble you expect the outcome may be different to expectation. I will not cash in and may buy some more if I partake of too much wine at lunchtime. Please do your own research. Thank you.
I think we need to realise this was never an investment but merely a gamble. I too am so out of pocket but can accept this because I took a punt in the hope of making a fantastic return. It might yet work out. The sooner people realise that they were gambling the easier the (current) losses will be tolerated.
Good afternoon Savvy. I enjoy reading your posts. They do not influence my decisions, and rightly so. I recall you posting in May 2023 that the price (324) is a gift horse and yes it is horribly frustrating to see £300k wiped from my paper value. I also recall you posting that you would not sell until the sp attains some astronomical (in my opinion) value. Assuming you have not sold anything here, your paper losses must be eyewatering? Whilst I have a modest five figure holding in Ceres this represents less than 3% of my Sipp portfolio so I sleep well at night. I have to say that if you did not bail out and maintained your obvious faith in Ceres then you deserve your millions should Ceres prosper in the manner you expect. Unfortunately, I am not so brave. I sincerely hope your bravery is rewarded. Please, everyone, do your own due diligence.
Ceres was, and remains, just a gamble. Some will win, some will lose. I could take my money and depart out of pocket. However, I will keep what remains of my original stake on the table with a further gamble that I may eventually get my money back, or turn a profit. Goodness alone knows just how lucky I will have to become to achieve that? Apologies for my simplistic approach to Ceres. Please do your own due diligence.
I welcome the recent increase but the fact remains I am still way out of pocket here. According to HL, the share is down 47% over one year, 70% over two years and 86% over three years. It will take one heck of a continuous rally for me to break even, let alone show a profit. I will consider myself extremely fortunate to break even within the next two years. I am not at all optimistic this will happen. I sincerely hope I am wrong. Please do your own due diligence.
I do not know a great deal about hydrogen. My modest five figure holding seemed a reasonable gamble at the time given the hype about the future of hydrogen power. I will not complain (too much) about losing quite a large % because, in reality, gambling can lose you money. I am sure those who are far more knowledgeable about the potential for hydrogen will disagree about this being a gamble and I sincerely hope they are correct. However, it occurs to me that in order for most gamblers/investors here to recoup anything like the money staked Ceres will need to go on an almighty trailblaze. I will stay the course and patiently await the blaze to begin. Kindly do your own due diligence please.
Prion25 Thankyou. Yes, of course. I invested (not quite the correct word) into both on the premise that hydrogen power would be successful. I have not a great deal of exposure here so I am not too concerned about the eventual outcomes. However, it does occur to me that if money was to be made here then that was in the past and not the future? Maybe, hydrogen is becoming old technology? Due to paper losses, I will retain my holdings on the basis that something might happen. To all, please do your own due diligence.
You may care to consider the situation in China regarding pneumonia in children (and teachers) Early days of course, but I am now even more relaxed about cashing out of my equity investments (apart from Ceres and ITM, which I have written off) The return on cash is acceptable and I will return to equity investing when I feel the time is more opportune. In my humble opinion, there is too much happening that could negatively affect the markets. I am most probably wrong so please do your own due diligence prior to taking any decisions. Obviously, I hope I am wrong about Ceres and ITM.