Member Info for Warno01

Arrived in my IG account this morning but not in my DeGiro account yet.

Don't think Simon Thompson has any fault. Price has collapsed due to value of tech/fintech companies. If anyone had followed his first tips then they would be have had 3 baggers. I was 147% up on my holding at one point. Sold half and I am down 10% on the remainer. Bad decision making by me as an investor and thinking that buy now pay later firms would grow further before the Ukraine situation. Question is whether to invest proceeds into Block. In the current climate, I'm planning to hold the cash.

Does it not depend on whether the financing comes from outside of Nigeria or not? Financing doesnt have to be derived from Nigeria does it ?

Can anyone advise if there is a recording from the global retail shareholder call on Thursday?
Thanks if you can share any link

I'm not really interested in the dividend not for 4-5 years since I think it could be invested elsewhere for better returns.
My read is that with $10m to share amongst 1.3bn share, it's about $0.007 per share (less than a 1 cent per share). Have I got that right?
Suffice to say, it makes little difference, when I'd much rather see the funds go into the wider business value and get that market cap up to $1bn+

Has anyone been able to see the content of this article on #BOOM in today's Telegraph? https://www.telegraph.co.uk/business/2022/06/02/insider-buying-may-sign-good-things-come/

I don't have a subscription so keen to see if this provides any insight beyond what we know already from various RNS

Agreed. The wider issue is that this share is stagnant. Need a perspective on sales growth, product development and more.
Since the share placing (with Primary Bid), this has been a very poor performer and the news flow has rarely featured material change to create momentum.
I am currently holding this only with a view to selling when there is some sort of recovery. However I can't see this getting close to 30p for a long time, let alone 40p

The whole market is down since end July 2021, with tech and pharma being smashed. All mining/resource small caps have been hit a long way too. Everyone has taken a beating and small caps are no different. The Board has advised us on priorities and key projects. It's a big drain on any company providing more than 6 monthly updates unless there's specific news. The news will come with the financial reports. I don't see that the Board owes us anything other than the reports they've provided. We know the new project is coming on stream, Zambia developing and Cyprus is looking promising. What more do you want?

https://twitter.com/SebastianMaril/status/1486274986910359556

Tom W recommendation is not a good thing based on his track record in the last few years

So glad to see smart comments on not wanting dividends. Any such talk is nonsensical. MTR is small and investing for big returns and growth. This is an investment to get return through significant share price growth - which of course hasn't happened yet other than last year's spike. Any cash needs to be invested into growth opportunities and making it sustainable. That's where the investment return comes from. A 3 or 4% dividend will be neglible, make no difference and will take away investing into growth. A couple of comments saying that dividends are returns where the company cannot grow much or quickly are exactly true. Any investor expecting a dividend from a small and still young company needs to re-inform themselves. Dividend from a utility, Unilever, Coke, etc is expected for good reason. Excuse the rant but nonsensical comments suggest that those investing shouldn't be risking their money at all

TM - thanks for sharing our thinking. My average is 11.23p including topping up my holding by 10% at 22p suspension was raised (couldn't believe you could get it for sub 35p post suspension - but what do i know). I think the story is very strong - risk factor of Africa is moderately high. All Finncap targets seem to be a lot higher than they every reach in 1-2 year time frame, but either way I see a 60-75p range as very viable in the calendar year and more with Niger.

The one thing I've noticed is that it is AK and noone else and agree that it's all about him. Not in a Stelios/Branson way where it's about a personality, but where we don't see anyone else to understand expertise, 2nd in command, voices on the Board, etc. That's my primary concern too because whether or not you see AK's public appearances as good, bad or indifferent, it's only him that appears. Yes, as CEO that's expected but I couldn't tell you if anyone else actually exists at SAVE. The size of the operations warrants exposure of other senior management for both messaging, familiarity and risk management. I'm still confident and happy in the situation, and your post prompted me to concur.

All agreed TT, the issue is that they do have a following and a shorting impact.
I think their work is very poor, hence my post. I don't agree with what they say at all. Bad day on the markets all round due to tech sell off and inflationary concerns/interest rate/debt concerns.

The message has blanked out S H A R E P R O P H E T S

I have to say I sold out due to a limit reached this morning. It's great to see but I've been waiting a long time for news. I've taken a 35% return after 18 months so I'm happy. I do see further upside and a push towards 60p, however be aware that ************* have just post an article saying the 40m contract is not all it's cracked up to be. I think ************* talk nonsense and are a shorting factory. It will have a short term impact. Will be watching the price, however I think 44-45pm is a fair price to buy back in at. If more news comes along then good luck to all and it's one I'll be watching. With their new product being launched too, there's plenty of potential. It's always been the case or realising and executing against it. Congrats to those who have held since pre 30p days.

"It's the whole of twitter" citing one tweet. Ridiculous.

Well so far, so nowhere near what I thought. Surprised that it's at 22.5p. I thought 35p-37p on relist, certainly be end of day.
The company has more than doubled in size and looking at the enterprise values, Free Cash Flow before opportunity for agreements and more contracts I thought it would be much higher than 22.5p. Regardless, I'm in for the long haul and maybe the NY half day is a pause before much more next week. Good luck to all and happy new year. Whatever the price, there's a definite 3-4 bagger from these levels in the next 12-18 months. Currently a 2.5 bagger for me anyway.

I've filtered you Duster because you have no substance to any of your posts. If you were to talk about geographic risk, development risk, cultural integration, increasing costs, key financials, you might make a "point" stick. But it's predictably negative.
I can deal with negative and will often challenge other's optimism based on facts, reports, trends. Why don't you just say you're selling when relisting has occurred and you don't need to post anymore. Mentally you'll be free and ready to address another stock.

This should open at a very healthy premium to the raising price. The company has grown since suspension, placing is at a discount and oversubscribed, company value has grown hugely. It may not be at 40p, but anything under 25p would be very disappointing. I believe it could open at 75%-100% up and feel it could be a crazy day even with low volume. Could see price settling at 35-37p range. (But WTFDIK!)

Absolutely agree with Tunisia - far more stable. Don't know enough about ENI yet however have seen it's been up for sale for 6 months. Other than scale, I don't see if there are any synergies to take on the Tunisia assets.