Member Info for Voiceofreason

You could not be more wrong, mate. I was first in in 2009 buying at about 7p and rode the wave of the 2010 rally. Also in again in 2012 for the Abramovich-driven rise and back for another bite of the cherry a few months later. Made significant profit on all occasions and, importantly, I sold took that profit rather than get greedy.

No one is ever gutted after selling at a profit.

Hydro-Jen is correct they are worth what people are prepared to pay, and the MMs set their spreads based on that alone. They don’t do some sort of continuous company value evaluation.

Simple supply and demand.

Another feature I remember from being invested in the past is that there’d always be large trades late reported after about 5pm.

I don’t know if this happened in the 2021 rally, but it certainly did in previous price spikes during the 10-11 year period before

Positive news, and obviously good that the price is rising steadily. There doesn’t seem to have been a massive amount of activity in terms of trades though - not like I remember from RNS days of yore, anyway. Have noticed one trade worth £22K go through, but mostly still in the hundreds of pounds or 1-2K region.

Feel like we need more volume.

To be fair, CN HAS been invested in AFC and been active on here (and other forums) for years - since 2009 as far as I know - just under different guises.

I’m prepared to believe his claims that he owns several hundred thousand AFC shares, and in those 17 years he’d have seen them rise up to be as valuable as 70-80p a share at times (including as long ago as 2010), only to return to flounder in the 10-20p range.

If you were to see such a fluctuation of your on-paper net worth without having taken any profits then it’s understandable that he always comes across as so angry and agressive to anyone that suggests that it’s not a certainty that AFC share value will rise.

Patience is all well and good, but if an AFC share holder had sold a chunk at the 2010 peak, he/she could’ve invested that profit into a passive all-world ETF and see that value treble. Even if you’d cashed in and done the same at the peak only 5 years ago your money in such a fund would’ve increased by 60-70% by now.

Sending enquiries to someone that doesn’t even work for AFC? Must be serious.

Thanks. With regard to this 3-6 month timescale, I think that most sane people will also accept that the 6 month part should not be taken literally, in the same sense that if someone says ‘I’ll be there in a minute’ you assume the figurative meaning!

That’d obviously be good, but what’s behind this prediction?

Looks like we’re opening down this morning though 😕

🤣 and to think this guy was calling me a moron earlier today for suggesting price rises were never a certainty.

Hargreaves Lansdown hold 10K worth on my behalf, amongst many others, I’m sure!

Trotter, Mr Mercedes, whatever you want us to refer to you as. Your angry-man posting style is a give away.

I’m not the one that’s held hundreds of thousands of AFC shares and watched them rise up to 70-80p telling everyone not to sell before seeing them slide back 10p, but yeh, I’m the moron that’s actually taken profit in the past from actually selling AFC rather than falling in love with the share.

Don’t call me a moron, Trotter. You’ve been calling this as a £1+ share for 20 years.

If the share price was very likely to be 17p then this would’ve already been priced in and the share price WOULD be near enough 17p.

Probably people that bought a couple of weeks ago for

Always good to have a strategy and be disciplined about it. I like to set targets and sell a percentage of my holdings as the value increases. It’s nice to keep a vested interest if the share goes up further, but it’s also nice to have taken some firm profits as well.

100% this. I’ve been in and out of this share for over 16 years and have ridden a few of the exciting peaks over that time. Every time the share price has retreated there is someone blaming it on MMs - often a mythical ‘tree shake’.

A share is worth what the market decides what it is worth. MMs aren’t going to intentionally lower the price or hold it back.

I think it’s human nature to want to blame someone else for a poor investment decision, such as falling in love with an equity and holding for too long.

If a director's wife has put a significant chunk of money into the company, then surely that rules out any significant news, in the short term at least? Making such a purchase in the knowledge that an announcement is imminent would be asking for trouble as far as insider trading is concerned, wouldn't it?

Why does Ade and Constructive News post under different usernames, sometimes even conversing with themselves?

It’s not like it’s hard to spot. Same style of posting and mid-use of apostrophes, and usually same substance.

The excitement when you see tha RNS notification followed by reading that it is nothing more than a further dilution of shares, albeit a relatively insignificant number. It’s like when watching football and your striker gets put through for a one-on-one with the keeper and puts his shot out for a throw in.

Can’t see how this will affect the price in either direction.