Member Info for triumph1

As someone put it nicely the other day, we are in gap territory. Nothing to weigh anchor at, and boy doesn't shell have the perfect storm putting wind in her sails. Higher to go methinks, I won't be walking the plank yet.

The last rise was based on nothing, purely on data already known. The difference being the figures were more publicised which garnered more awareness in the company, ultimately for those to be locked into a story they never fully understood. The reality of the rise was it was based on nothing new.

Now we are back to the starting point, is anyone really surprised? The directors failed to capitalise on momentum simply because there is nothing noteworthy to report to sustain it. The same reason for the lack of communication; there is nothing to communicate.

The company had a great head start. They capitalised well and had fun. Now the general lack of inexperience regarding high growth phases of companies partly due to the way in which covid fell in their lap(right place at the right time meaning they haven't had to work hard to become market leader as they were one step ahead from the beginning) has allowed much more aggressive competitors to catch up and overtake. Admittedly they have been a little unlucky with the contract spat, but they have been sluggish in the ever changing regulatory environment, and for a growth company why on earth are they sitting on cash piles like this? Collecting interest in their savings account? Where is this lft? Where are the plans to move away from covid related products? They need to grow some b411s, spend that money before inflation gets at it and create some ruddy growth AWAY FROM COVID. The excuse about "waiting for the right investment" is blasphemy in growth companies, R&D and innovators. The lack of aggressiveness in diagnostics markets away from covid must be discussed by SH at the next agm. They are acting like ruddy Roche. They need to get down and dirty, roll up their sleeves and get a piece of the growing diagnostics pie.

Talk about easy come, easy go.

However, you all know I like to look on the bright side. The spike in SP shows many are still watching this company, and remain interested if/when the right sort of news comes along. Will it? That's the million dollar question

Textbook breakout move. Soon as that very tough resistance cracked, this was always going to gap up in style.

Afterburners warming up now for a break above 16.

We will be waiting a long while before we hear answers to our questioning from the MDZ mouthpiece happydays judging by recent commentary. I think he/she must be stuck in some warped dream where MDZ is like the most valueable company in the world, and just blurts out random non sensical dribble from his dream world about MDZ from land cuckoo. Perhaps happydays is from a parallel universe where MDZ are amazing haha.....meanwhile, back in this universe.....

The only multi bags that would be seen here are slumped over the directors shoulders....that's if they actually had anything in those bags. I strongly suspect the next multibags will be filled with confetti for the 0.01p party and some silly string to keep the MDZ mouthpiece puppet happydays dancing

Lol okay not so happydays, don't blow a gasket. It's okay to admit that you don't have a clue about the questions put to you.

I take your response as "sorry triumph, I don't have a clue because I am just a trader that got caught on a spike and desperately ramping to try and salvage some of the loss made in this dog"

Well happydays, understood loud and clear and thankyou for your honesty. Glad we cleared that one up haha.

When shell finally breaks this very tough resistance, she will blow the lights out.

Brent providing a good tailwind. Could tomorrow be the day we finally crack it and turn this resistance into support? Brace yourselves folks.....

Meanwhile, back on planet MDZ.........(Que tumbleweed)

Answer the questions that are MDZ SPECIFIC happydays, not unspecific waffle about the industry as a whole in which MDZ are not even classified as pond scum as this is far too complex a life form. I would say amoeba, but this organism has one cell too much for MDZ to be classified as in the vast ocean of digital marketing/media content industry.

Lets begin with points around this ridiculous £2.7m goodwill ticking timebomb....then shift over to the mystery (or not so mystery) CCCAL and then for desserts, lets discuss the CLN beneficiaries and cash in the bank (or lack of).

MDZ and profit are not natural bed partners, so this one we can leave for another day....a day that probably doesn't exist.

$200m is the tip of the iceberg regarding HSBC exposure to evergrande. What will be more telling (or frightening) is the exposure to HSBC via mortgages lent to residents in evergrande properties which will undoubtedly be staring down the barrel of huge negative equity if evergrande blow up and conduct distressed fire sales of buildings not yet sold off.

Banks that continued to lend to this company despite the ridiculous debt pile deserve to be wiped out.

1) full intraday reversal off lows. CHECK
2) immediate follow through with 5+% rally.

Signals any trader worth his metal knows to get back in. At worst, could be a retest of 3k to form a double bottom, but looking like 3k is the bottom. Final tranche at 29.98 so happy with that

Agreed. Beyond any rational reasoning this sell off. But then again it's typical behaviour of stock markets. We always see extremities at both ends of the spectrum, so seen it all before.

Just thank your lucky stars and if funds permit, dip your toes in. P/e of 17 for a solid double digit growth company....sounds odd when you say it.

Hard to even see why such hate the market has for asos which seem to be bearing the brunt of this sell-off.

Break that 1500 then we are in business. Been a sticking point since covid began.

Absolutely no love for this share. I thought boohoo was hated, but even boohoo getting some love today.

Irrespective of speculation, fundamentals remain solid. Stake building in tranches is always the winning strategy in times like this. Top up in small amounts, and separate the tranches depending on volatility. I have made my own algorithm for this, which spits out that top ups for this particular share should be made 6.85% apart and growing wider by the day. The way this is dropping, that sounds about right to me.

This puts my next tranche at 2970 or there abouts. Might put in the order at 3000 though given the technical significance of this number.

Indeed. Been on and off for a good 5 years too. We know the PFS is a market mover, for the good or for the bad.

Selling this close to the phase change from explorer to potential producer given the time it has taken so far vs another 3 months for the PFS is crazy if you ask me.

I'll leave those who wish to try their luck to get on with it. I would be sick if I sold and missed out on any significant rise off the back of the PFS after 5 years of waiting. Been there, done that and don't want another t-shirt.

Nearly back to where it started. Shame management couldn't add fuel to the momentum a couple of weeks back.

Patience of a Saint required with this company

Canetoad its no secret the underperformance of UK growth companies that are comparable in all but one thing...the location that they are listed. The retail investor has vastly more influence than they did even 10 years ago and the difference in culture between retail investors from different countries goes a long way to explaining this. That's why they all flock to the NASDAQ, and the average US retail investor doesn't invest in UK companies. After all, why would they? Whether the valuations US retail give certain stocks is not really the question; the question is for a given growth rate, and forward PEG why is their such a huge difference in valuation based on what appears solely on the location of the listing?

I believe a big part of this lies in culture. In 2007, the US chose to buy their way out of the hole they got themselves in and expand their balance sheets, spending $2 to make $1 or growth at any cost. We decided to save and go into austerity to reduce our balance sheets which completely stifled growth as porsche said. Was it the right decision? The last 10 years would suggest not but am not one bit surprised the British took this choice. Is the US system sustainable? Looks like for now no one gives a t0ss about the massive debt loads there but how long can it go on for?

As the old adage goes, value will out. When (or if) the whole thing does collapse, ftse100 companies that generate cash as opposed to us companies that generate future promises of cash will look a whole lot more attractive.

However as things stand, over in the US, the promise of $1 tomorrow is worth more than $1 today. You can almost hear the british investor saying in the background "$1 tomorrow? I'd rather have the $1 today thankyou very much!". ASOS is now valued at below a US value stock despite its continuing double digit growth. That's completely unjust.

Ftse100 is rubbish, yes. But it's much deeper than that. Ftse100 is jammed with value stocks which have been out of vogue since the 2007 crash where interest rates never recovered. Calling ftse100 stocks rubbish is like calling value stocks rubbish....no arguement there. Ftse market participants only know value stocks and don't have a scooby doo about how to value such growth stocks. You tarnish all companies on the UK markets with the same paintbrush so it is traders like you Porsche that make the UK markets dogcr4p.

If asos were on the US markets, you can be assured that the valuation would be at least double. UK markets specialise in value, not growth and never will be despite the noise from government wanting to attract growth companies to the markets. Why on earth would any young growth company want to list on the ftse 100 when they get trashed whereas their counterparts across the pond with lower revenues command an order of magnitude greater valuation?

It's all about market participant mentality, or market culture if you like. UK culture towards growth stocks is cr4p because they simply don't understand them. This will take an entirely new generation to overcome.

Another tranche at 3192 for me. Times like this are the most profitable for those with level heads.

Let the panick continue. I'll be happy to relieve you of your shares at sub £30 ;)

Whats happened today other than jpm taking 200p off target price. Mcap rapidly approaching boohoo's. Couldn't resist a small purchase, unfortunately at 3589 so not the best of the day by a long shot but just a small amount with plenty of scope for further purchases should asos continue to tank for very little reason.

Here's hoping things will settle over the weekend and reset next week.

Fair enough 4kandles. I knew you probably didn't invest in the likes of MDZ as you certainly don't seem the type to invest in such an outfit, but regardless of whether you did or didn't, you can clearly see the company for exactly what it is today despite others who are a bit slower and haven't quite cottoned on yet and still clinging onto the hope that MDZ will make a profit. In reality, MDZ would be better off using what little cash they have left and buying euromillions tickets and hoping to win the jackpot because let's face it, they have more chance of this happening than making money in their current state.

To be fair that isn't really giving you much credit as anyone with sawdust for brains can see MDZ for what they are.

Stop at line 5 happydays. The rest of what you wrote is bullocks.

Ever heard of the saying "fool me once shame on you, fool me twice, shame on me"? 4kandles may have been fooled previously but saw his error and ran for the hills. Anyone who ran for the hills years ago are the ones laughing now.

How many times have you been fooled by MDZ happy days? I think we will need to come up with a new saying for you as you have been fooled quite a few more times than two.ll Mabye "fool me a million times, I should really retire from investing as I am too gullible and a bit slow upstairs"?