Member Info for Unimaginative

notrader - I had forgotten about that notrader, thank you. It used to only apply to uk investment managers, EEA investment managers and some US. I'm not too sure whether that has since been changed.

Hydrogen you’re missing my point. I’m merely taking the facts not the speculation. I disputed someone stating something as fact. That is it. When it’s widely established the facts and people stop talking nonsense on regulations and passing them off on fact I may enter the speculation conversations as they’re all together different conversations

Yes 100% rubbish until someone takes the time to find me the regulation that applies to it. Funny how in the year of having this discussion on telegram I’ve provided quotes from all the guidance and regulations and nobody has once provided otherwise. I will stand corrected if it can be found, I’ve searched high and low.

Sorry - Ignore my last post. I've actually worded that really poorly trying to over emphasise my point, ignore the example as it's tosh but the first paragraph is more or less accurate

Archways - Hearsay mate, not to knock your source but it's absolute rubbish. We aren't in the EU. GGP are the issuer, all laws, rules and regulations are our markets not anyone else's. It's clear as day in the guidelines.

Also, think about it logically, if I was some far away mini country I'd just set up some nonsense laws in my own country to take advantage of other countries markets.. That's how illogical it.

I absolutely love this side of the markets, the knowledge of the companies are less my forte but reading up, researching and learning about the markets, how they work and how they fail absolutely fascinates me and I often end up down rabbit holes.

Canary3 - You haven't provided any evidence to support what you've said. You've provided speculation that someone did it. Seriously, you're passing things off as fact without any evidence, I'm not disputing things do from time to time happen, there is evidence of it, it's a lot rarer than you think. It's even rarer when it's a company such as NCM building a stake in an attempt for a takeover, it would provide GGP too much leverage to fight such a takeover as they'd have it investigated. Either way, the point is the regulation don't permit it. That is a fact, so it's a myth that they're allowed which was what my post said last night.

Hydro - Beetham can say what he want. Till he explains to you how so it can be evidenced I'll take it with a pinch of salt, bearing in mind we know the guy likes to lie. As for the missing c 8%, that is correct, but nothing under 4m is on there. nothing from any of the MM's has to be on there up to (I believe 10% but very unlikely for any of them to be carrying that, it's much lower) but all these figures add up, bloomberg doesn't actually carry all holders, it's not 100% accurate which is why traders use that amongst other sources for holding information.. In relation to it being slow, well it's not slow, it officially updates twice per month as per the manual that is available on the bloomberg site.

Strudel - Nail on the head! I'm only ever arguing about facts. The fact is anything purchased in GGP must be declared after 3% and 1% thereafter because we are uk issuer. I haven't got into "opinion" of whether someone is doing something dodgy. I'm quite simply pointing out that what someone said is a myth, you are not able to buy a share a day and you don't have to declare, it's a tired old myth. Thank you for your post Strudel!

Jersey, my city bank trader friend says it can and does happen all the time.

With Bloomberg though, it’s quite easy to figure out by adding up all the holdings. You’ll never see more than a small amount missing which can make sense for under 4m holdings, market maker holdings etc etc. certainly not enough to warrant a substantial stake

That’s an exception to the rule. That is not a rule.

I have not for one second claimed rules aren’t broken but it’s rare and it’s quite often explainable.

I believe van ecks delay for us was due to the change over of reporting system due to brexit, never got confirmation from the fca on that but I’m almost certain.

Can I just say upon reading your example you’ve provided no evidence of a reason why you think he didn’t observe the rules apart from speculation as per usual.

If you can find me a rule that stipulates what you’re saying to be correct I’ll dof my cap. I can find a rule that proves what I’m saying though…

Starbright - that’s factually incorrect. All oversees purchasers are governed by the market of the issuer and not the market they are on. What you’re referring to is the regulation for when the issuer is a foreign company that’s trading on our exchange.

GGP are the issuer.

If newcrest were building a stake they would have to follow the same fca regulation of 3% and 1% after that to be reported the next day.

Happy to quote the regulation if really needed but it’s easy to look up yourself. The confusion for people seems to be around the term issuer but on the fca website there is a definition link and it’s quite clear. Ncm aren’t the issuer GGP are and therefore anyone purchase has to follow the 3% rule regardless of where they are from. It has to be that way otherwise they’d be at an advantage to anyone uk based.

To be fair I have been accused of being a paid person, absolutely ludicrous but people love conspiracies on here.

I wonder if anyone on here is happy to admit they’ve shorted stocks in the past or even currently.. I certainly know of one on here that has done so in the past.

I’m not willing to sign the petition as to be frank I don’t know the ins and outs of shorting enough to have a reasoned opinion and I’m not about to follow the crowd just because it’s damaging a share I’m in. I prefer to fully understand it first. That’s not to say i disagree or agree. Just too busy to read up on it and really understand it at the moment.

They don't like when you ask about director buys. Seen the question pop up and be deleted several times from different people.

I really like this guy. That is all.

I heard it that time. :D

That article was really insightful paddy, we hadn’t heard about that recruitment process or much about it so it was really interesting. I got a better feel for Shaun in that article and I am very confident in him

Cheers Dip, Paddy, Womo. Al reasoned posts.

I’ve just read back to 2018 rns and naturally it’s not comparable but I do feel that it’s massively positive and the point of it being done in 12 months when they had 24 is really positive, they must have a real belief there is more to find and want to as quick as possible.

I like to be reasoned in my thinking and it’s hard to do that with such Uber excitement and such Uber negativity. My geology understanding is weak so it’s hard not to get swept up in others emotions.

Anyway; that’s me done for the day, way too busy at work to be on here.

Ttfn

So to me, and this is gonna sound negative but it’s not, it’s my way of deducing facts from those more knowledgable than me, the results sound mediocre in the sense they aren’t anything special but it does indicate a greater potential with more exploration (which I guess is what stage 2 is)?

There wasn’t much excitement in the tone of shauns remarks but written word is often underplayed.

Could be a while before we get excited by Juri but it’s highly prospected.

That’s my take, happy to be told I’m wrong.

Also, adds weight that even if this isn’t the hit that we hope for the region still has a huge change of having another huge hit somewhere as there is quite clearly gold everywhere

That was a fantastic little read, bit more of an insight into Shaun and his thinking. I enjoyed that. Also gave me a bit of extra confidence.

100% agree StarBright. Knowlege of geology isn't knowledge of markets, finances or anything of the sort. That's why people should work together instead of being in one camp or the other and/or certain people should stick in their lanes instead of spouting nonsense about the markets when they're wrong (such as buy a share a day to keep the TR1 away). I wouldn't dream of commenting on the geology stuff, it's way beyond me but I do enjoy reading what others write and I do attempt* to understand what they're saying.

*attempt means struggle like hell

You're not wrong about the board TomE, I rarely check when at work and the last few days when I have checked in if I were naïve I'd be believing that there was some concrete truth in Shaun Day being a Newcrest mole out to get us and that the board are just preparing for a low offer which they'll encourage us to take. Where in reality that speculation has been born out of absolutely zero, in fact the opposite of the comments Shaun has actually made.