Gifting shares to grandchildren

MikeInWimbledon

MB Enthusiast
Joined
Nov 8, 2014
Messages
4,866
Car
W212 E500, previously C216, S212 E500, W211 E500 5.5, W221 S500, S211 E500, SL350, SL500, S500, E55
As I said You sold in April at £19 or £20 before the shares halved in value.

Yet at the beginning of April you said you were proud to be still holding at £20.

Do you have any explanation as to why Boom has halved in value these last three months?

Boom isn't, by any stretch of the imagination a NASDAQ stock, But then the NASDAQ is only down 20% since mid-April.
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
Purchased today after the rns when it was +15%, Sae

1657205426636.png
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
Purchased Tekmar this morning after digesting the rns.
 

DrNick

Active Member
Joined
Nov 25, 2003
Messages
941
You do like your basket cases! Never mind, if you get your timing right then there is money to be made on these penny shares, and if you bought before it rose 90+% this morning then well done. Are you going to jump ship now?
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
You do like your basket cases! Never mind, if you get your timing right then there is money to be made on these penny shares, and if you bought before it rose 90+% this morning then well done. Are you going to jump ship now?
Will sell today yes

#TGP March results they had cash of £5.1m. The market cap today is £7m with a £20m+ order book and add to that today's 'significant contract' win. Raised in March at 45p. Now at 12p, It's either an absolute steal or an absolute steal. 350% rise back to 45p placing price
🤔
 

DrNick

Active Member
Joined
Nov 25, 2003
Messages
941
But how quickly are they burning cash and when do these orders actually start generating money? £5M cash to service £20M+ orders doesn't sound like much to me. Sounds like another one thats going to have to raise some more cash soon.
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
Who cares when it's +154% within a few hours....
 

DrNick

Active Member
Joined
Nov 25, 2003
Messages
941
True, but you don't want to be holding the baby when the cash runs out!
 

DrNick

Active Member
Joined
Nov 25, 2003
Messages
941
Audioboom plummeting. Any thought on that? Could be the profit warning and the very high cash burn rate? That’s the problem when real money is involved-there’s something to hang a valuation on that’s not just smoke and mirrors.
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
Audioboom plummeting. Any thought on that? Could be the profit warning and the very high cash burn rate? That’s the problem when real money is involved-there’s something to hang a valuation on that’s not just smoke and mirrors.
Purchased in the high £6's.
 

DrNick

Active Member
Joined
Nov 25, 2003
Messages
941
Can't help feeling you are suspiciously good at calling the top and bottom of the market...

In my experience, day traders have a very selective memory.
 

pmcgsmurf

MB Enthusiast
SUPPORTER
Joined
Feb 22, 2010
Messages
5,379
Location
Stirling, Scotland
Car
E55 AMG W211, E250 Sport W212, (and some Imps)
Can't help feeling you are suspiciously good at calling the top and bottom of the market...

In my experience, day traders have a very selective memory.

Especially when the story does not follow!

"Bought at £12", has since halved but sold at £18/19, does not add up. I smell something.....

Oh and would not be happy selling at even £20.
 

Skd884

MB Enthusiast
Joined
Sep 13, 2017
Messages
1,890
Car
A handful of Amg v8s.
Especially when the story does not follow!

"Bought at £12", has since halved but sold at £18/19, does not add up. I smell something.....

Oh and would not be happy selling at even £20.
Happy to show you the sale in my account if we ever meet.

Out of Boom yday, will keep a eye on it for re entry.
 

Users who are viewing this thread

Top Bottom