Member Info for WolfofWarks

'By proper investors im assuming you mean investors that bought and held through the bad times to benefit from the good times?

As I pointed out before both amazon and tesla nearly folded.

The point is that where the sp is has no bearing on whether management care about shareholders.'

Proper was a poor choice of word - typed it in a rush on my way out the door. I mean the long term investors have have held throughout. Those buying Tesla when it had a PE OF 1250 were asking for a pasting.

It's quite a simple view to believe management don't care about their shareholders in my opinion. Maybe in a small cap lifestyle company or those with particularly cut throat or ruthless owners.

SCB zoom out on the graphs.

I repeat the proper investors have been very handsomely rewarded.

The point is SCB that those who have been invested long term have been very handsomely rewarded.

It always amazes me how spectacularly you consistently miss the point.

'I can’t see Bezos, Musk and that Facebook creature caring about their shareholders either. I get the feeling they see most humanity as just a commodity.'

I think the returns they have got for their shareholders say otherwise :)

At the last update they laid the path for disappointment and we haven’t had any upwards guidance so I’m assuming we are going to get the drop that was predicted. Then it all becomes about the margin.

It would depend surely how many devices each customer has, if the customers downloaded onto a phone and a tablet then the 19m, although it might seem high, could be doable.

To understand how Rolls Royce could/would recover one only had to understand their ‘flying hours’ business model.

The gamble was whether business travel would/could retain as folk where always going to go back on holiday.

‘Wolf I do find your posts interesting. As a very novice investor I would agree that buying in on a dip is a good way to increase ones exposure to a more profitable investment. However how do you differentiate between a dip and something more serious. What indicators are you looking for? Looking forward to your opinions’

This is where fundamentals come into play and under standing what a company does, what its strategy is and where it is placed within its market.

So if you look at BH, the UK and ROW could have some recovery but they are already in a reasonably dominant position in a saturated market. However the US could be a complete game changer and they only need a smallish penetration due to the size of the US market to pile gross profit on.

‘ Of course the risk with averaging down is that it is too much like chasing losses in gambling and it might be better to just stop and think whether you were really right to think it was cheap in the first place and also be wary of becoming overexposed in one stock through stubbornness or addiction.’

Aye this is more what I was getting at. Buying the dip makes perfect sense but folk who continually buy down on a stock that has little or questionable prospects is more what I was getting act. Think of the folk who where buying CINE all the way to its dimise. I noticed yesterday that HE1 is now completely decimated.

I’ve got shares like Tesla, Apple and Glencore where I buy some every year and they have been my strongest and most stable investments because over the longer term something disastrous whether have to happen for me to now make a loss on them.

I've always seen little sense in averaging down. It's very high risk and a bit of a fools errand. It's much safer to average up although it takes a lot more patience and a much longer time horizon.

Disi - Yes but in those accounts there is no statutory auditor as no one will take the job and the audit that was carried out by KPF does not meet the definition of a statutory audit.

When and by whom? I get Rasp as that is a separate public company in its own right but there has only been two RNS this year from Evraz and nothing on North America.

Evraz - stop misleading people. You have no idea how any of the businesses are doing as no one will audit the accounts. The last that was head from the company they were having immense problems due to the sanctions.

They've had control for a long while, hence the Ousting of Bob Hope and domination of the AGM process and subsequent votes. Rembering that two of the founding shareholders are basically impotent due to their past transgressions.

That's from 2008.

'they work together, some spreading misinformation to try and spook investors it’s criminal, like inside trading!'

Is there actually anything to this though other than it being a conspiracy?

2% off break even

The problem with that pipedreamer is we have had false starts several times now when the tide was supposedly turning. The Uk economic data wasn’t great yesterday but may well have been driven by bad weather. But this is exactly what the rate rises are intended to achieve - the suppression of economic activity in order to bring inflation down.

That’s a generous use of the word elections …

Revb’s troubles predate BH’s involvement. It did allow a bargain entry point.