Member Info for wyndrum

Hurst as posted more on this BB than me in the last month and riply more than twice as much...
You know just so we can be truthful about clogging up the BB.

Wow... you (both) really are quite pathetic. Still long as you're happy I spose.

Yeah right.....I'm intolerable.. ha ha....

I said previously that I thought 490p was a support.

I go buy end of day closes. I see 506p as a target with (as and when that goes), 541p as the next target.

From my POV I am happy to hold for the long term (2 years plus) taking the divis and buying (when funds allow) on what I think are significant support levels. I have no idea what price this will rise to but I like this stock as the trading arm can counteract the cyclical nature of miners generally.

And you do?

All that has happened over the last month with pretty much a non stop daily briefing on all the positive buys and related (I use that word advisedly) on takeovers, seminars, meeting and conferences is that the SP has made lower highs until it has bobbled about at this now a relatively low price.

Still at least it does not clog up the board

Yes, but what does that mean? Are you going to hang on until 450p? if so great but why post for other ideas? No one knows where this will fall to, so what can you gain from that?

And if you don't know at what price you will buy and don't have a target of when to sell or a timescale then its a pretty rocky plan and no wonder you are asking for others thoughts.

I understand a few % here on a short trade is significant if you want to get in and out, but if you want to hold for another 3-24 months then its a different set of criteria.

I just don't know what you want, sorry

"And what's this all got to do with avacta???"

You could say that about Hurst posts......

Ade, what return are you looking for over what time scale? (eg 5% over 2 weeks, type of thing)

I will persist then:

How can I have a go at management when I don't know the conditions, budgets and circumstances they have been dealing with? If they are so desperately inept, why did you buy into EVE in the first place. (Or was it they were very good then, but now have become useless?)

Yes I have made two lots of 40% gains recently on this stock (although gave some back when tried to get a bit more out).

So are you going to criticise m for making money in a falling stock?

Buying a mattress company is not going to get you the Nobel peace prize for humanity!!! ha ha (that was funny).
Tell me: What merit is there in being a long term holder in itself? (as opposed to a short term holder). And (and please answer this: What constitutes long term?, 3 months, 6 months, 1 year, 5 years? When does short become long?

Time and time again you post niave statements displaying an alarming lack of understanding of both the market and business generally.

And lastly ...Look at the "market": they pretty much got it right on this stock, and they usually do, not always, but mostly.

If the SP falls and you think it should go up, what do you know that the market does not?

And take emotion out of the equation. What you feel has no bearing about the outcome. As you have constantly proved here.

Because DGU, it won't make any difference.

I have said this before. PI's don't have any influence on the companies they buy into.

You are (as you have found out) completely at their behest on their commercial decisions. We are not consulted (nor should we be). People buy shares in a company because they think the SP will rise.

When it does the opposite then it should immediately make the PI look very closely at every aspect of the stock.

Have trading conditions changed? Have there been key Board Changes? Has there been an increase in spending? Is there new competition? Has there been a change in the product line up. Are costs increasing? Does what the BoD say reflect reality or is it BS?

These are just a few things a PI should be asking themselves pretty regularly on every stock they own.

And no PI should invest more than they can comfortably lose and should have a diverse portfolio in case something doers go wrong due to an unforseen event. (And this was not unforseen.)

Risk should be taken into account too of course.

And at the begining before purchase, a time scale for the PI's expected return should have been pencilled in along with expected returns. (if you don't have a clue how much you might make by when then you really should not be doing this.)

Anyway, if you still won't accept your own failings in this exercise you are unlikely to learn much from it.

DGU: "How utterly convenient for management the FSP is - as the rules suggest they don’t need to tell us anything during this process and I’m guessing that includes right up to the company going bankrupt!
Absolutely disgraceful management by CC, TP and Co."

And what exactly do you want them to say?

"We have 2 weeks trading left and no offers yet" ?

SP collapses to almost zero... panic selling and then the next day a bidder turns up? SP rockets. What would you think about the BoD.

You need to get over this and dare I say it... Grow up and learn from this experience not so much financially, but if you are cut our to run your own portfolio.

I know this is harsh and you seem to be decent person, but if this does go tits up then this BB will cease to be and the various posters will drift off and mistakes might be repeated without some hard truths being aired.

Sorry Holy I read as the opposite. Last hurrah, basically getting dressed up for a last dance on the titanic knowing it was sinking and accepting your fete.

well, its a close at 36.5p which has been recently (and even a bit longer) a bit of a celling.

It opens the way to the 40p recent(ish) all time high target but that was very much a spike so I am not putting much (if any weight on it. I only mention it if other chartists are tuning in and see it as significant. (just my opinion obviously).

It gets pretty choppy in the 45-50p range but I see 50p as the next target and would expect a move into the mid 40's quite soon as the its more likely than not that the break above 36p may well release a bit of energy.(imo, dyor etc)

Hurst you do realise you can just "reply" to a post rather than starting yet another new thread called "Trading"?

And what if I may ask, is a "printed sale"?

TIA

Sharebel I have just got some at 104.9

Quite PJ, and was basically the question I was asking under the "is this a dumb question" thread a couple of weeks ago.

Apart from bitl as I recall, who said it was not dumb but naive, was met with general abuse form the same posters that are quite sympathetic to the query you raise.

Funny old world.

its inching up and itching to, have another go at 36p......

I think it will all depend on the SP reacts running up to the deadline. If it stay around 5.3p then its a good deal to buy at 5p.

The more people who take up their offer will likely push the SP up further. So you get a bit of virtuous circle.

The bull case is that this gives (and I know we have been here before), the company financial headroom for new income to come in and to sustain it until profitability arrives.

If you don't think that is going to happen then sell, but if you do think it will, then this is quite the bargain ....

There can't be many sellers left though now which in simplistic terms usually means that with no sellers, the SP can only go one way.....

You pays yer money..... (imo, dyor)

yes, its a difficult one at these levels with the pros and cons.

It just seems to me if you buy the company now as PLC going concern, then you inherit all the costs.

Currently the company has not managed to run at a profit and in these very difficult times that has been exacerbated with higher costs, lower margins and with reduced sales as well. That environment is likely to continue and maybe worsen over the next 6-12 months?

So the new owners would have to be able to pay for the business (currently valued at £1.5m at what, 3 times this price,?so getting on for £5m, to be losing £5m plus per annum before cost cutting?

So cost cutting: no need for the present BoD, but what about office space? what about staff? If you don't need the BoD and you don't need the staff and offices then what are you getting for your money?

The name/brand? (which you can get from admin and the bidding war if there is one, will be behind closed doors now, so no fear of the SP spiking and rising to a level where it is no longer viable for the bid.

It just feels too late to me. I would have thought a bid would have come in prior to the RNS in June (we learnt that there was interest then). . Then, when you make it public (June RNS), that it is for sale, it would have already brought out a bidder by now, who perhaps had not initially thought about buying EVE.

Its so late now (ie any day literally that it could go into receivership), that by launching a bid would just keep the business going with then presumably debt being taken on to continue trading while the bid goes through, making it a worse proposition for the eventual new owner.

I am just surmising and obviously could be completely wrong but I genuinely struggle to find compelling reasons for a bid to come in now.

fwiw Ade, I try not to get into the rabbit hole of market manipulation.

There is a support at 490p. Will it go lower? who knows. But at some stage you have to pull the trigger.

It depends on what returns you are expecting and over what timescale that might determine your risk appetite?