Member Info for TrekMadone

Cenkos note today. Hugely underestimating revs imo....

“Directa Plus has announced that it has received a €100k grant as part of the EU’s Horizon 2020 research and innovation programme. This is for a project to develop the G+® face-mask and G+® filtering system and is expected to be concluded in the next 8 months. The main technical targets of the projects are:
? To undertake the extensive testing and improvement needed to qualify and market G+ enhanced surgical masks (compliant to European Standard EN 14683).
? The development of new biodegradable G+® enhanced filters.
? Development of a sanification process for the face-mask using household items such
as an iron or a hairdryer.
Comment
Directa Plus’s Co-Mask and G+ filter were developed in 2020 near the start of the pandemic in Europe. Since the commercial launch in June 2020 Directa Plus has rapidly grown sales direct to consumers as well as the first corporate clients such as Lamborghini. The receipt of the grant demonstrates the value the EU sees in G+ enhanced masks and filters, which have been independently shown to have strong anti- viral properties (specifically with COVID-19) by a team at the Department of Neuroscience, Catholic University of Rome, operating in conjunction with the Gemelli Hospital in Rome. The grant funding for further technical development is therefore highly positive and could help unlock greater commercial successes where our forecasts assume just €0.7m in revenues from these revenue lines in 2021.”

Trek

I doubt it. I read the headlines and thought wow, then I saw it said €100,000 that’s hardly even pocket money. Still it’s pretty much on a par for the EU when the UK invests millions. I expect they’ll think that that is enough for first dibs!

Ok I’m being cynical but it’s still another endorsement.

Trek

From GSK RNS today.....they basically expect escape mutations, dilution of efficiency....

“The increase in emerging variants with the potential to reduce the efficacy of first generation COVID-19 vaccines requires acceleration of efforts to develop vaccines against new variants to keep one step ahead of the pandemic. These next generation COVID-19 vaccines may either be used to protect people who have not been vaccinated before, or to serve as boosters in the event that COVID-19 immunity gained from an initial vaccination reduces over time. In addition, the collaboration will assess the development of novel mRNA vaccines to protect against multiple respiratory viruses, including COVID-19.”

https://www.londonstockexchange.com/news-article/GSK/gsk-curevac-partner-on-new-mrna-covid-19-vaccines/14850584

Treatment Treatment Treatments!

Trek

“ The reporting threshold is 3% not as a couple of people stated 5%, unless in a takeover/M+A when the threshold is 1% increments starting at 1%. If anyone disagrees, I will stand corrected but please provide links....”

Here you go Star....

International TR1 notifications are 5% as opposed to 3%. They sign the x in the non uk issue box 1b on the TR1. LOAM are non uk issuer so 5% and also a 5day notice applies. It’s next trading day and 3% for UK issuers albeit it’s seldom contested if errant. I have taken it up with the MAR before, they’re a waste of space!

From FCA handbook....DTR 5.1.2 sub para 1

“(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R“

You can read the noticing rules on the same link.

https://www.handbook.fca.org.uk/handbook/DTR/5/

ATB

Trek

Shenyang don’t have a one year lock in. That lock in was from June 6th 2017 funding, see RNS...

‘Shenyang will have a 22.4% shareholding in ECR (Following of the issue of Placing Shares as defined below). The shares will be subject to a 12-month lock-up. ....’

They sold their stock to cover the warrants so are on a carry. The dilution also puts them at a less ‘concerning’ level. No board representatives and no arms length involvement.

If their motives are genuinely to support ECR with mining infrastructure and development on favourable terms without further shareholding’s then that’s fine. But I am always wary of anything Chinese in business. 7.4% I can live with and the £4m gives the team autonomy as well as their own rig, xrf, ops set up etc. That’s very important.

I prefer pen pals as opposed to them moving in.

Just my view.

Trek

“It’s incredible when you take something from nothing and find $8bn of gold sitting in the ground and you know that’s what we hope to do for ECR so that’s the type of ambitions we got ahead of us”

Trek

Bucket list 8mins.

https://www.malcysblog.com/2021/02/oil-stocks-bucket-list/

Trek

Update on NSFR and Basel 3.

This guy is v good.

https://youtu.be/O4DeNbm1BNU

Trek

Sold BIDS as now expecting faster cashburn and a placing there. Will look at em again later but at least I have 1m of the snake now and added to D4T4 and ONC.

You can update your tracker Caribbean!

Got a feeling it’s gonna be a good week!

Trek

Where does the techinvest come in?

I picked this one up by other means. Thanks.

Trek

Sorry $AMC, typo

Trek

“the wallstreetbets influencers on Reddit are going after silver from today...”

No they’re not. It’s fake news GME and ANC remain targets. The rest is ‘gang noise’ to detract from killing off Melvin Captal, Citon Capital and Citadel. Total hedge fund paper losses now stand at $20bn.

The real news is the yet unproven creation of phantom shares. On a recent run of trading discrepancies a list of companies had closure error rates of 300 to 2000 shares. The clearing anomaly for GME is over 1.3m! It’s an absolute extreme outlier and indicates that funds have created stock, allegedly, to close positions. Completely illegal.

The SEC are allowing the same institutions that caused the financial crisis to get away with it again! No fines for Robinhood for not having clearing liquidity (before the $1bn raise) and closing out retail investors.

Silver is completely different. Dodgecoin may be next in the crypto space but I’m with ST there stay well away from crypto now.

As for $GME, I like the stock. Diamond hands! Lol!

And for info whilst I view this ‘knowledge’ as lateral research as I have posted before. The day they put emojis on LSE is the day I’m off. I mean can you imagine Caribbean getting his hands on a load of rocket emojis! Lol!

Trek

Matml74,

Check out the LSE handbook it’s freely available and explains away some of the myths. Here’s one of the docs. Sad bloke like I am I prefer researching this abstract as opposed to indulging in the current ‘river island’ culture. But hey each to their own!

Here’s an example of MM schemes and how to create liquidity by using ALGO trades whic( is just one of many options.

Definition: market making incentive schemes that the Exchange is mandated to offer under Article 48(2)(b) of MiFID and Article 1 of Commission Delegated Regulation (EU) 2017/578

Page 58 covers it and also ALGO trades. Worth learning the offside rule before you play footy because you can be sure the MM knows all the rules!

https://docs.londonstockexchange.com/sites/default/files/documents/rules-lse.pdf

Funny thing is though for the most part the MM role works. Without them you’d have spreads on illiquid stocks of like 60%. But it’s more a point of celebrating what goes well and improving transparently what is not going well. That’s the bit PI’s aren’t allowed in on but mates are. So it’s rigged and in reality with simplicity it needn’t be.

Trek

Mr Big,

You can google and YouTube for detail.

But off the top. Basel 3 is a regulatory requirement that has had the can kicked down the road since like 2013! It is a legislative change that requires institutional investors to hold an 85% physical position for tier one assets from March 26 (check). So PM’s like gold and silver which are tier one will no longer be subjected to a haircut currently 50%!

Central banks will up-regulate debt using gold assets as the view is it will appreciate. You won’t be able to naked short. You will only be able to short pretty much what you hold!

Ergo short/leveraged positions are stuffed! Thing is though for silver there’s more leverage than physical... so you get the gist.

Buy PM’s, better still sniff out small cap gold miners with no debt in a safe juro with proven resources. My top pick is ECR, my high risk pick is Cobr. I am 100% right on both! Hubris, yolo! Whatever. They are bankers!

I held ARB from 4.3p. I know how to read this.

I won’t declare how much I made but Rioja and I are chilling and if it helps peeps all t(e better!

Usual caveats

Trek

Thank you doc,

Especially after a well I can’t say how much delicious Rioja!!

I just hope it helps folk understand what is going on and what potential left field threats there are.

The irony is it bodes well for ‘undervalued’ investments. There will be a massive fall out from this. I posted some stuff on the Cobr, bb, not a plug. It’s just that posts are lost on some BB’s so I only occasionally post on them now. Usually with weekend Rioja!

Anyways. You all get yourselves abreast of a new movement. Understand what it is. Gauge what the potential investment impact is on the status quo. How will it be absorbed by markets. You decide. And yes that is investment advice...

Sue me! Lol!

Trek

Great post Matml74,

I posted this on the Cobr BB, It’s completely OT but exemplifies what you are saying. I posted my take on the Reddit kick in the proverbials for hedge funds!

The snake is Cobra Gold, the uncertainty is gold. Diamond hands is a term from PI’s on the r/wallstreetbets bb for a strong holder.

“For those wondering what is going on. Basically citadel shorted GameStop, a video games store, with a street presence, due to covid etc. It puts jobs at risk and the intention was to shaft PI’s. Sound familiar. Basically you got the same institutions that caused the financial crash at it again!

The thing is just via an investor BB, r/wallstreetbets (WSB) a new phenomenon evolved ‘crowd investing’. Over 3k PI’s bought GameStop shares buying against the short. Why? Because a few of them are ex Wall Street or smart cookies that posted the data showing the shorts were leveraged beyond 100% of the companies shares! Now they know at some point the short has to be closed. It was an ideal opportunity for PI’s to kick back!

They made the buys via Robinhood. An online/mobile app of ‘dubious reputation’ allegedly!

Now the way trades go is Robinhood take the trades then bundle and place them so they are cleared en masse. This makes it cheap and their advertising pulls peeps in with low cost trades making investing akin to a video game! But what happened was they got hit with more than could be cleared coz thanks to the WSB bb and the stock on loan the stock just isnt there!! Lol!

So they, Robinhood are now in breach of contract for taking buys for stock that physically doesn't exist! The clearing house then says it’s your bad!

Meanwhile the shorters are like wtf! you aren’t meant to buy a short you are supposed to sell and now we can’t close out. So the sock goes up 700%!

Then a few weak hands sell a few shorts close and it goes down 300%. Then it goes back up 400% as WSB buy again! This time with more stronger investors and even celebs joining in. So Robinhood stopped trading supported by the regulator!

They, PI’s have now raised a class action against the institutions for denying an orderly market, backed by several senators. It’s like it’s ok for a hedge funds to short. They then get a multi million $ bonus for destroying people’s lives but if a PI does it the regulator shuts them down!

Robinhood have now had to raise $1bn to cover bets. The hedge funds have already lost $5bn on two stocks $GME and $AMC.

The markets are now shtIng themselves because they don’t, can’t, deal with an attack on decades of theft and cheating! The hubris is so embedded they are stuck. Who’s next! Exposed!

This has done more in 1 week to address the Machiavellian behaviours of our financial institutions than decades of our impotent collusive regulators. Not allegedly, I have first hand experience!!!

So peeps wonder why it’s worth going off piste and wtf has this got to do with the snake?

Well where does money go in uncertain

Totally agree Ferrari,

I only post a few snippets of research here now. Funny thing is 4 of my posts have been removed! Shows it’s a winner!

All the DD is done, I am on gosh a 2.5 free carry. CBA to work out. Hold for gold now. Buy on the dips and let it ride.

Diamond hands on the home straight!

Trek

Are PM’s set for ‘normality’ as Basel 3 date approaches in March. No haircut for tier 1 assets and leverage will need to be covered by a min of 85% of tier 1 liquid assets.

I have posted links here before. Re: ‘The Market’; well gold junkies are expecting a boost as shorts close out. On reflection I expect a more orderly rerate as it’s no longer a surprise. Am I being presumptuous as some are still unaware of Basel 3, but imo they will be informed before March! It’s how it works!

FWIW my view is the rerate will lag waiting for the economics of supply and demand to kick in. Stand off!

Anyone remember Y2K; well I worked the whole weekend F-M 24/7 waiting for Armageddon! I briefly got paid ‘David Beckham wages’ on a protractive double, quadruple time multiplier for what turned out to be a just in case attendance scenario! All I did was run basic diagnostics after basic diagnostics over and over but the Co’s risk was many many millions!

I wouldn’t be surprised if Basel 3 turns out to bethe same damp squib even if one argues the POG is hiding behind dollar strength. But paradoxically that’s the point; USD is more of a ‘tallest dwarf ’ amongst fiat currencies. When you ‘remove’ or regulate the hedging where is that money going to go. Sit and depreciate or migrate to a physical asset? ‘Rhetorical!’ Lol!

When you move into a ‘covid’ negative interest rate phase where bank depositors accept a loss for safety what is the inflation ‘proof’ alternative?

Think about it; another rhetorical question. It should be one of the reasons for investing here. The other 70% is the company. Why only 70%? I have lived through the cycle before and 70% is v generous! If the macro situation changes then ‘all’ metrics go out the window and this even though a pick of picks will suffer or flourish accordingly!!

Investors that are here are probably...
#HNW, seed, warrants etc
#Wealthy investors for the long game.
# Punters sniffing a bargain, Trek et most!
# institutional investors! Very low!
# Traders long/short very few,

The world gold production demographic shows OUNCES/INDIVIDUAL produced in the world and it’s at the lowest level ever & falling off a cliff! We are not finding enough gold to meet demand let alone future population growth!

Now is the time for the fleet of foot ‘smart patient PI’ to pick their winners. The biggest winners are small cap PM mining stocks in SAFE juro’s that are lightly leveraged with upside on a JORC compliant resource.

We gotta view ourselves as ‘fortunate’. If one has a bit of cash, can read a balance sheet, have a macro view, can sniff out headwinds and opportunities and a little nouse about where to put one’s hard earned. There are very few institutions that can compete with the likes of PI’s with the wherewithal to sniff out a bargain and have the patience to pound average their investments. Well probably none! Imo the advantage here is all ours!

Trek

Sorry LSE sensors the word. R e t a r d.

On the second link type in R E T A R D where the asterisk is. It’s worth the laugh!

For those wondering what is going on. Basically citadel shorted GameStop, a video games store, with a street presence, due to covid etc. It puts jobs at risk and the intention was to shaft PI’s. Sound familiar. Basically you got the same institutions that caused the financial crash at it again!

The thing is just via an investor BB, r/wallstreetbets (WSB) a new phenomenon evolved ‘crowd investing’. Over 3k PI’s bought GameStop shares buying against the short. Why? Because a few of them are ex Wall Street or smart cookies that posted the data showing the shorts were leveraged beyond 100% of the companies shares! Now they know at some point the short has to be closed. It was an ideal opportunity for PI’s to kick back!

They made the buys via Robinhood. An online/mobile app of ‘dubious reputation’ allegedly!

Now the way trades go is Robinhood take the trades then bundle and place them so they are cleared en masse. This makes it cheap and their advertising pulls peeps in with low cost trades making investing akin to a video game! But what happened was they got hit with more than could be cleared coz thanks to the WSB bb and the stock on loan the stock just isnt there!! Lol!

So they, Robinhood are now in breach of contract for taking buys for stock that physically doesn't exist! The clearing house then says it’s your bad!

Meanwhile the shorters are like wtf! you aren’t meant to buy a short you are supposed to sell and now we can’t close out. So the sock goes up 700%!

Then a few weak hands sell a few shorts close and it goes down 300%. Then it goes back up 400% as WSB buy again! This time with more stronger investors and even celebs joining in. So Robinhood stopped trading supported by the regulator!

They, PI’s have now raised a class action against the institutions for denying an orderly market, backed by several senators. It’s like it’s ok for a hedge funds to short. They then get a multi million $ bonus for destroying people’s lives but if a PI does it the regulator shuts them down!

Robinhood have now had to raise $1bn to cover bets. The hedge funds have already lost $5bn on two stocks $GME and $AMC.

The markets are now shtIng themselves because they don’t, can’t, deal with an attack on decades of theft and cheating! The hubris is so embedded they are stuck. Who’s next! Exposed!

This has done more in 1 week to address the Machiavellian behaviours of our financial institutions than decades of our impotent collusive regulators. Not allegedly, I have first hand experience!!!

So peeps wonder why it’s worth going off piste and wtf has this got to do with the snake?

Well where does money go in uncertainty!

Diamond hands!

Trek

Lol guys,

Love this BB, gosh, whoops that’s a dating site!

Ah ! ST, I have ventured over to the dark side! Gonna Hodl my snake shares for now though! Sold my crypto on the 38 spike! Lol!

Glad that the BB ventures ashore. Joking aside as you both intimate you gotta have an ear to this stuff. There is no point at any age well pretty much trying to exist in a bubble when investing.

Anyways i’ll leave you with a couple of gifs from the WSB page (wallstreetbets) coz they appealed to my weird humour!

Enjoy fellow apes!

Diamond Hands!

https://www.reddit.com/r/wallstreetbets/comments/l7g3y6/our_darkest_hour/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

https://www.reddit.com/r/wallstreetbets/comments/l7jgk3/they_underestimated_how_******ed_we_are/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Trek