Member Info for uncleal

Thanks Guys, Saw the spike on Tuesday and after reading all of your current blogs , decided to go in. 42% up in 48 hours.
Thanks. Hope you all do well. Feel sorry for the 9p sellers.

Dummy sale 40.77

Last year I lost faith in the business model. Even though the NAV showed a massive increase the only recognizable investment inducement would be an annual increase in profits which we can only get if the company liquidates some of the assets. However the business model is to reinvest thus showing a non profit. I have no doubt that the team when deciding on an investment, do their due dilligence and come up with some good investment ideas, so much so that I sold half my holding in Cadence and invested in EMH, Auroch, Hastings technical metals and BCN. With the exception of EMH it has proved to be a good decision. I would have invested in Macarthur Mins but could not get IG to recognize the company. Now that Macarthur are seeking a ASX quote i will invest there in due course. Unfortunately for me I still am sitting on a major (for me) holding in KDNC and am nursing a major loss. I have averaged all the way down. Would I go there again? I don't know. DYOR.

As well as holding KDNC I am also invested in BCN, EMH and Auroch mins and Hastings Technology metals. EMH and BCN have enjoyed a great recovery and the last two are showing me a profit of 36% and 26% respectively. I have no idea what price Cadence paid but surely these rises should be reflected in the price.

Some big numbers going through but mostly shown as sales. A dummy Purchase showed a price of 0.917 so most of the big trades are buys. Onward and upwards.

Antelope I manage three Junior ISAs for my grandchildren. Each have a portfolio of Fundsmith equity and other unit trusts which has given them over 60% increases. they have several years to go before they reach 18 so I am hoping they will each have a substantial sum by then. The only fly in the ointment was a small speculation in KDNC and UKOG both of which show a percentage massive loss. Too late to sell them now so I'll keep them in their portfolios. Had i used the same investment strategy for myself instead of chasing big dreams I would be far better off. I retired in 2006 and as a hobby started investing. I turned 25k into 75 k in two years but never sold before the 2008 crash. Sentiment gets in the way of sensible investing. How many times do we say "can't sell at these levels" only to find that we can now only dream of those levels ?

Mr Cautious. I too took the view that investing directly into KDNC holdings would give rise to greater success. Many moons ago i sold half my REM and bought BCN . That worked really well but I failed to capitalise on the 155 high but I am confident we will see that again. I also sold another tranch of KDNC and bought Auroch (via IG) and EMH both doing well. The logistics of investing in Macarthur Mins proved difficult. I still hold KDNC as they do have substantial potential unlisted assets which i think the Board should concentrate on but if each switch of assets to another produces no discernible profits I query whether the share price will ever show investor value.

There may not be a corresponding bargain whether it be buy or sell. MMs can find themselves stuck with stock they would rather not have on their books so they reduce the spot to encourage buyers. Alternatively if they are getting short of stock in a rising market they have to pay up for it unless it is their intention to hold a position. My 100k top up this morning first thing at 90.24 is shown as a sell. Based upon that I suspect that more than half the deals today were buys.

Eeyore Eeyore. ! I thought I had leaned my lesson but sometimes you just get sucked in with the excitement of it all.
No worry you haven't lost a bean until you sell.

Mkx007. Why change the habit of an investment lifetime? ha ha ! However had a good year so far. Bought BCN at 19.5p WKT-asx at 10cents. so I can afford to wait it out. Bread upon the waters.

Hi guys I am new to this board having never heard of Redx before today's massive rise. I don't usually jump in on a spike but in my view the downside risk is minimal whilst the upside opportunity is endless. Here's hoping . I like medically associated investments as they are usually well run and financed. I congratulate the long termers. I have another similar investment in an Oz company Invion. They are working on a system for early cancer detection.

KDNC directors with huge egg on their face? Trouble is i am in them as well and sitting on a substantial loss

Always kept the faith even in the bad times. Doubled my holding at 17.25p and 21.25p. Very happy now

I bought into KDNC way back because of it's major holding in BCN. Now they report that their holding is down to 1.7%. Does anybody know what KDNC paid for their original holding and what they sold them at ? BCN hit 155p at one stage and I don't remember any announcements about a reduced holding at that time? 2 years ago i sold half my holding in KDNC and bought BCM as i wanted to be a direct stockholder. Glad I did as my interest in BCM now would be minimal. Recently I sold a chunk of KDNC and invested in EMH, and Auroch for the same reasons.

28 bid. 10 p below my average. Here is hoping!

How many times has a delay in progress seen advantageous arrangement partners pull out? Tessla, for instance. Take off partners need assurances provided by positive action. We are getting to the point where car and battery manufacturers will be scrambling to secure deals but BCN's track record is not good. I sincerely hope that the board get their fingers out so that the promised financial backing doesn't disappear also.

Last month I decided to sell half my holding in KNDC and reinvest in companies that KNDC are involved with. I now have shares in Auroch Minerals, BCN and EMH. Have just topped up on EMH as I believe of all the holdings, that will
show a profit first. My reasoning is that I have lost confidence in the KDNC SP ever reaching the all time high of 2p. Yes I was holding then and didn't sell. Doh! £ signs going through my eyeballs.

In days of yore the LSE had a two week accounting procedure. This enabled an investor to buy on the Monday and hold the stock for two weeks without any money changing hands but if after the two weeks there is insufficient movement in the stock you can do a "Bed and Breakfast" which takes the transaction into the next accounting period (New time) I used to do put throughs when i was a LSE Dealer. No risk to the Jobber (MM) he just made two entries and took a very small turn. How they do it now electronically I have no idea but you have to make sure that you have enough cash on the account as your broker/platform will sell your shares to cover their fees.

I keep topping up to lower my average but but the SP always manages to drop further. Where is the bottom?

9.54 and twelve seconds 0.15 1million buy

9.54 and 29 seconds 0.1535 sale .

Makes no sense!