Member Info for wyndrum

so, the day to day share price is important after all to some, going by the posts......

Morning Yanis,

"Ofcourse it wasn’t overly positive since there is no profit yet. They are still loosing money yes, they chose to be loosing, remember the 2021 investor webinar?"

Oh yes, I remember that very well.... that was also a very red flag. It was difficult for me to square that statement with a company that had never made money previously and that the market was keen to see if they had done it and apparenttly thay could bur decided not to....
Yeah... that didn't fly for me. I just didn't believe it. So that's why I came to the conclusion that they HAD to go into France while they had the money. It looked last ditch to me at the time.

But when you say "Anyway, hopefully for everybody’s sake,, this disappointment will change to delight by EVE finding a buyer willing to pay a good price. Is possible, fingers crossed."

I could not agree more.

I am sure it was Jack. Overheads had been reduced, sales were increasing, profit margins sustainable, even with discount. Basically it was on track. But the key there is "on track". It did not mean they were there yet, simply it was still progressing to plan.

I heard, " ...this is slow and we are still losing money..." So , to me it was not overly positive. Others here took a different view.

And to be fair, I think there is not enough consideration to the upset the Russian/Ukranian has caused companies incl EVE. (remember, forget the politics, but it was to be a 5 day war and most expected the Russians to walk in and it all be over very quickly so any spike would be very short lived.)

I Know Yanis, but I I don't know how else to try to get through to DGU after all these weeks and months. He admits to being a novice which is fine because we all were once but he seems reluctant to face the reality of his actions.

I doubt (without painstakingly going through every word CC has uttered), that there has been anything misleading. There was a time when she was optimistic, but otherwise I have never read anything which made me think anything was remotely nailed on.

I'm not sure aim is the jungle rather that it deals more with small companies with on the face of it, great potential. This attracts emotionally susceptible investors who think they will get rich quick and hear and read what they want. And as a result over extend themselves.

again, ok, but you all made it "about me". not me.

Ken, how is it about me when I send a link with regard to an area that AVCT are apparently working on which is also with a partner of AVCT?

well, ok, but wasn't it AS himself who said they were working on an Omicron LFT?

There has been no update to say AVCT are not doing that, so as far as I am aware that is still taking place. or did I miss something?

(Are we assuming that no news from AVCT means they have dropped it?)

I get accused at never attaching links so now I send one which i thought we had a tie-up with Moderna, and again I don't remember that being withdrawn officially via AVCT themselves so presume it was still there.

And in fact there have been sporadic posts from various posters saying that they still had hopes on the diagnostic/ testing arm of AVCT.

Hey ho.

https://www.dailymail.co.uk/health/article-11112637/UK-country-world-approve-Modernas-Omicron-specific-Covid-jab.html

In case any were clinging to a resurrection of the LFT. Moderna have produced a Vaccine to the Omicron Variant rather than a test.

"Should one sell in and buy what?"

I only just noticed that DGU.

This is not advice but an example of my thinking for a longer term hold as you were happy to hold EVE for some years.

WOSG: Its retail (which is bad right now) but they make profits, have very little debt, sell in-demand, luxury items so more or less recession proof, in a recovering market (lots of airport concessions) and a global expansion that has hardly started. The recent high was 1518p with a more recent low of 746p.

They look to have the potential to challenge the ATH in the next 12 months and go on from there if expansion and profits continue on their path and so far and there is no reason I can see why they wont. I think a divi cant be far off which in turn will fuel greater SP appreciation.

So I like a 5 year view on this one.

Maybe Jack, but I have to say I think there were some pretty obvious clues at the time in CC's pronouncements.

BE (not counting overheads), was just a spun way of saying still losing money. Never over egging the results (which at the time many here thought was refreshing), was in fact confirming progress was slow and small, which in turn would mean not much would need to happen to reverse all the progress.

And this was on the backdrop of having never made money and although I hark on about it now (and at the time I did too), was that it was not proven that there was a successful business model available for CC to copy or refer back to.

DGU, I don't think anyone here with their best intentions is going to change your mind.

Most of us have experienced before what for you seems your first time. Things go wrong.

As a result we are all trying to pass on tips to help you not make the same mistake again.

To be harsh:
No one told you or forced you to buy EVE stock. There were and are, 100's of other companies available for you to buy into instead of EVE.

You chose EVE out of Greed. You thought you would make more money in EVE's potential stock appreciation then other companies.

You were so greedy that you spent (or invested if it makes you feel better), so much, that a failure on this scale has hurt you emotionally and financially.

So, you over bought into a company that had never made a profit, had cash raises previously but was going to have one more go with limited (and £8m is very limited) funds when historically looking at their annual losses and cash burn.

I would hope you at least recognised how precarious and high risk the company was when you first bought.

Stop harking on to what was said by the BoD. I have explained why they have to accentuate the positive and downplay the negative, they are forced to do that, they have no choice. And that goes for every single BoD in every company reporting. Learn to read through RNS and reports.

And the big one. Don't spend (or invest), more money than you can comfortably afford to lose.

If you had a total investment here of £100 would you care that you may have lost 80% of of it?

You would still presumably be a bit peeved that you got it wrong, but you could objectively stand back and see where it went wrong and what criteria you use to pick stocks and can be improved.

All of your angst here is of your own making.

Stop trying to justify your mistakes on the perceived errors of the EVE BoD. You actually have no idea how hard they have worked or how well run they have actually been and that it could have just been rotten luck that there was an explosion of costs at just the wrong time. Who knows? Or maybe they are just crap, but you bought into them, they did not ask you to, so which ever way you look at it, ITS YOUR FAULT

DGU, this is bit of a hobby horse for me and as its a Sunday...: "Gosh I’m definitely not a gambler."

It gets a bit picky as to how you define words but here's my take (and I actually think its important.)

A gamble is a bet on an unknown outcome often backed with money. I think EVERY share buy falls into that category.

The best you can say its an "educated guess", but there are plenty of "professional" gamblers that have a methodology to reduce risk while still taking the bet and I think its fair to say we would all, still, consider them to be gamblers.

So why when we buy shares do we recoil (is that too strong word? I don't think for some it is), when "accused" of being a gambler rather than an "investor"?

I think basically being a "gambler" for many is not a positive character trait. it suggests perhaps a dilitory , get rich quick, slightly dodgy, mixing with maybe not so nice people etc etc.

But being an "Investor" is much more acceptable and we know this because historically, rich well to do types from banking and the City, also gambled and pimped their services out to other middle and upper class people with the carrot of getting rich on the stock market but invented the term investing to separate them from their socially poorer cousins and give a much more respectable veneer to the same process.
In other words you think your peers will think better of you as an "Investor" rather than a "Gambler"

So why is it important? In my view mis-labeling yourself as an investor artificially and psychology lessons the risk from the activity for the individual.

It makes it psychologically easier to distance ones self from the outcomes if they go against you. Which in turn can mean the individual does not learn anything very much or useful when these mistakes or losses are made. And therefore repeat themselves more frequently then they might.

Now plenty of posters will bridle against this (and fair enough its just my point of view), but for me as a test, if you substitute the word "Spent/Spend for "invested/investment", in any context the meaning seems to be the same.

So in my world I can invest in EVE but I am gambling on the outcome.

there is a fair amount of energy building into the chart right now. I imaging Tuesdays results will be the catalyst for the explosion. (Hopefully upwards)

If it is upwards then I see 1020p-1030p the potential target due to the restrained day movement over the last few trading sessions.

I thought we were supposed to be going in the other direction....?

RD: I like WOSG

or perhaps there is not any useful mileage in the indicators you are using?

(Just saying in the most non- disruptive or non- abusive way possible to squash any misunderstanding from the outset.)

MB, I think the difference here in terms of the risk that you outline is is the international brands they sell. These watches are for sale in just about every city in the world.

So the product will and does sell in europe for instance. Its just will they go into a WOSG store to buy it.

I can't see a particular reason why they wouldn't.

had another go at 885p intra day.

Fingers crossed tomorrow it goes through.

"Anyway, thanks for the good thread (until the disruptive sealion popped by)"

If you go back to see who took the thread away it was ripley.... (Quelle suprise...)

One day the penny will drop who are the disruptive noises on this BB

DTW,

The flaw in your reasoning is that you assume your opinions are facts.

So when you state:

"It has been discussed ad infinitum and anyone with a modicum of intellect (unfortunately that rules you out Wyn) knows the opportunity here and that the disconnect between said opportunity and the SP is entirely down to the lack of understanding within the AIM and broader investment community.

You simply have no knowledge either anecdotal or factual that is the case. You post the above with no caveat, you state it as a fact.

What if you are wrong?

What if the SP is stagnant for other reasons?

I don't mind you think I am of poor intellect but why then was it me (as you refer to me), that i realised that the LFT was likely to go nowhere?

I refer back to previous SP only to highlight that the valuable research has been going on ad-infinitum as you say and yet has produced no discernible gain.

And although my intellect is less than yours, I though the whole point about buying a stock was to sell it later at a profit.

I have managed to do this on many many occasions over the last 2 years with this stock.

I think this stock has wonderful potential for financial gain, but also that it is very high risk. I don't believe the posters left on this BB pay any attention to that risk other than some small lip service.

My view is that if you can the thrash out the downside and expose the risks collectively, then there is a chance that, if those downsides can be calibrated reasonably, it can lead to better decision making , whether to buy sell or hold and in what relationship to the rest of the individual's portfolio.