Tmt Investments Share Discussion Threads

[ntv] 27/9/2005 18:19

anyone heard whats happening here?

[ntv] 20/8/2005 20:50

about time

[cambium] 13/3/2005 22:27

Chris is busy next week with Coliseum, dont expect anything too soon NTV

[ntv] 13/3/2005 21:50

wonder when something will happen here

[ntv] 04/3/2005 13:17

got a few of these, looks an interesting cash shell

[cambium] 19/2/2005 10:23

come on Chris

[cambium] 04/11/2004 21:06

Do we see a link with IPV..........mmmmmmmmmmmmm...........

[cambium] 12/8/2004 11:25

waiting.....

[cambium] 21/7/2004 17:50

not yet, watch this space

[techwreck] 20/7/2004 15:47

Knowing how Mr Akers operates, I expect this one to start moving in the next couple of weeks following some deals being done. Anyone have any interesting info on tmt?

[cambium] 19/7/2004 09:49

THis will ptrobably dropa little first

[cambium] 18/7/2004 21:46

Newly listed TMT is headed by our friend Mr Akers, watch this one fly

[mr ashley james] 28/2/2002 06:06

Veneto,

With proceeds from January sales of US$145,437,998 I would have thought he could buy severall homes, that is not quite the point, the issue is, although I expect some kind of dead cat bounce on TMT yet again, I do not think it will be long lived, nor that the trend will reverse as I am sure all of us hoped.

I am certainly a miserable old git, but the stockmarket has taught me that even minor optimism is a bad and often completely unrealistic position to hold!

Best regards

Cheerful Ashley

[veneto] 28/2/2002 06:01

What percentage of his holding has he sold?



I think the answer is tiny.


He has to pay for his new 100 million dollar home and I am sure he is not the mortgage type.


Cheer up you miserable old Git

[mr ashley james] 28/2/2002 03:31

Veneto,

If Bill Gates is selling Microsoft shares, ie reducing his TMT exposure, should we follow Bill or listen to you?


25-Jan-02 GATES, WILLIAM H III
Chairman of the Board,Officer, Director and Beneficial Officer 250,003
MSFT Sold at $64.00 -- $64.70/Share.
Proceeds of $16,085,984.
25-Jan-02 GATES, WILLIAM H III
Chairman of the Board 250,000
MSFT Proposed Sale (Form 144).
Estimated proceeds of $16,100,000.
24-Jan-02 GATES, WILLIAM H III
Chairman of the Board,Officer, Director and Beneficial Officer 1,750,000
MSFT Sold at $64.18 -- $65.10/Share.
Proceeds of $113,252,014.

Best regards

Ashley

[bigt20] 27/2/2002 12:48

And if we look over the long term like 70 years we will see that the DOW has gone from 1000 ish at the end of 1933 to over 9000+ today.

[mr ashley james] 26/2/2002 20:41

Veneto,

Gosh who rattled your cage, you have not gone long TMT's have you?

Ever heard of sector rotation?

Best regards

Ashley

[veneto] 26/2/2002 20:38

Those charts are rubbish and you know it.
They are massaged to try and make some sort of highly dubious claims.


They did the same thing in the 1987 crash and look what happened afterwards.



Go put your anorak on and tell us all about the Great Western Train schedule!

[mr ashley james] 26/2/2002 20:34

The Barrel Boy,

Well it made me drop my zimmerframe anyway!

Veneto,

Oi you leave us anorak clad enthusiasts alone, I have just logged the Gomshall flyer after three hours waiting in the pouring rain!

Cheers

Ashley

[veneto] 26/2/2002 20:33

God you really are boring AJ


Dont you have anything better to do like Trainspotting?

[thebarrelboy] 26/2/2002 20:32

Designed to frighten the elderly and infirm??

[mr ashley james] 26/2/2002 19:48

Another excellent article by Adam Hamilton on Zealllc:-



Trading the NASDAQ Bust

Adam Hamilton

February 22, 2002

3731
As the NASDAQ continues its plunge towards fundamental reality, trading opportunities still abound for prudent contrarian speculators. We examine the NASDAQ scene.

Incredibly, as we rapidly approach the two-year anniversary of both the spectacular NASDAQ mania blow-off top of March 2000 and the ensuing brutal bear market in the once universally-loved index, the vast majority of investors still don’t seem to comprehend what is transpiring before their very eyes.



While Wall Street shamelessly throws out innocuous sounding tripe like “normal inventory correction” or “mild recession” to placate the increasingly nervous mainstream investing masses, an extraordinary and exceedingly rare bust after a mega-bubble in the NASDAQ is relentlessly evolving.



Way back near the top in March 2000 the NASDAQ composite index commanded an enormous market-capitalization of $6,236b across 4,785 companies. By December 2001 the NASDAQ’s market capitalization had plummeted dramatically to only $2,817b comprised of 4,052 companies. Long-suffering NASDAQ investors, as a pathetic group, had lost an astounding $3,419b or 55% of their total NASDAQ wealth by the end of 2001! This gargantuan number is extremely difficult to comprehend, but it can be put into some perspective by realizing that the entire M2 money supply of the United States of America only crossed $3,419b for the first time in history a mere decade ago in April 1992! Losing $3,419b is an unbelievable and unparalleled feat of folly!



In addition to witnessing trillions of dollars of dreams mercilessly vaporized, the brutalized NASDAQ faithful watched in horror as 15% of the companies listed on the high-flying index either careened into bankruptcy or were unceremoniously delisted. With about 1 in 6 NASDAQ-listed companies suddenly going MIA or AWOL since March 2000, it is amazing that the swarming hordes of NASDAQ investors today are not more than a little bit worried about the loose standards of the NASDAQ for listing companies.



While the NASDAQ composite index lists and takes on increasing amounts of cold water, the current state of affairs in the market-darling NASDAQ 100, the mega-cap “blue-chipR21; NASDAQ stocks, is utterly appalling. Although the NASDAQ 100 only contains 100 companies, a mere 2.5% of all the corporations listed on the NASDAQ, these mammoths comprise about two-thirds of the total market capitalization of the entire NASDAQ composite index. For the most part, when people talk about NASDAQ investing today, they are discussing placing capital at risk in the elite NASDAQ 100 stocks.



At the end of January 2002, only a few short weeks ago, fully 47 of the NASDAQ 100 companies were operating at losses, a staggering percentage. Of the 53 remaining companies that actually had some earnings, even if only pro-forma flights of fancy, fully half, 26 of the elite NASDAQ 100 members, had stellar price-earnings ratios exceeding a mind-boggling 50 times earnings!



Excluding the 47 losers and not deducting their losses from total earnings, the NASDAQ 100 had an unbelievable market-capitalization weighted-average price earnings ratio of 65.6 at the end of January! While the number has exceeded 100.0 as recently as July 2000, it still remains vastly overvalued. Fair value for a growth-stock casino like the NASDAQ is probably between 13x-20x earnings, nowhere near the current 66x level. Yet the NASDAQ is still shamelessly hyped to investors like there is no tomorrow!



From any conceivable way that one objectively dissects and examines the NASDAQ, from all possible rational perspectives, it remains enormously overvalued in fundamental terms and ripe for continuing slides. The fact to marvel at, however, is not that the NASDAQ remains so grossly overvalued even almost two years into the bust, but the frightening realization that NASDAQ investors are still blinded by the strong delusions perpetuated by the mainstream financial media that all is well and a major NASDAQ rally lurks right around the corner.



After almost two years of abundant opportunities to dig into the NASDAQ, study it in historical and fundamental context, and make prudent decisions to evacuate capital to protect from the evolving NASDAQ bust, sadly very few investors have really taken the time to do their own homework. Most current NASDAQ investors are apparently quite content to throw their scarce and hard-earned capital to the wolves. Since they have forsaken so many abundant opportunities to sell in the vain hope that they can wait until the fabled next mighty rally to “break-even and sell”, it is almost as if NASDAQ investors want to lose money.



Reading books on historical boom-bubble-burst-bust episodes is incredibly interesting and educational, but there is nothing quite like living through and witnessing a once-in-three-generation speculative mania in equities with one’s own eyes. The NASDAQ boom-bubble-burst-bust has been extraordinary in scope and magnitude, endlessly fascinating, scary at times, and always entertaining. We are now blessed with the rare opportunity to witness in realtime the subtle shift in general NASDAQ investor psychology from naked greed to cold, dark fear.



While investor greed and fear are not easily empirically quantifiable, anomalous boom-bubble-burst-bust equity-index levels are certainly a reasonable proxy for these tricky emotions perpetually warring in the hearts of every single market participant. Nowhere is this more evident than in classic boom-bubble-burst-bust graphs. Our now familiar comparison between NASDAQ 2000 and the infamous DJIA 1929 episode that I have been discussing in these Zeal essays for most of the NASDAQ bear market continues to look eerily accurate.



Here is the latest iteration of our notorious graph first-published on August 25, 2000 when the NASDAQ composite closed at the lofty-height of 4043, far above current levels. This graph is very simple and both axes are zero-scaled to eliminate distortions. NASDAQ closing data up to February 20th, 2002 is included. The spectacular NASDAQ top on March 10, 2000 is matched with the lofty DJIA top on September 3, 1929 and the daily closes of both famous bubble markets are plotted-out from there in a straight-up one-to-one fashion. While the match is not exact, the overall rhyme and echoes of the historical 1929 bust in the current NASDAQ 2000 bust are absolutely uncanny!



Even though this simple comparison would never be shown on a hype-network like CNBC in a million years, it has helped thousands and thousands of investors understand the sheer magnitude of the NASDAQ bust early and evacuate the imploding market in order to preserve their scarce capital through the excruciating NASDAQ bust.



Typically the financial networks, in their endless quest to help Wall Street deceive and delude investors into thinking that everyday is a great time to buy and that no one should ever sell, emphasize just the latest little NASDAQ rally from the post 9/11 lows rather than showing investors the strategic big picture. Before the NASDAQ bust runs its full course, the legal firestorm that will eventually rage around the Wall Street hypesters for only reporting one side of the markets, the perma-bullish view, will be extraordinary.



Even without the benefit of the crucial valuation data discussed above, any NASDAQ chart since late 1998 should strike utter terror into the hearts of NASDAQ investors. The evolving bust, as is quite evident above, has comfortably taken residence in a very distinct and unambiguous downtrend. The two dotted-red arrows above mark the support and resistance lines for this trend pipe.



When the NASDAQ first plunged through the top of this new trend channel in early January 2001, Alan Greenspan launched the Fed’s frantic assault on savers. The doomed index rallied for less than a month after the first emergency surprise inter-meeting interest-rate cut by the Fed and then fell off a cliff again as more and more investors realized something was very wrong in NASDAQ-land. After a near freefall into April 2001, the index dead-cat-bounced for another month and then began slowly bleeding throughout last summer.



Soon after the embattled NASDAQ started to nose-over and fail in late August, the malevolent Mohammedans made their fiery veto of Washington’s interventionist foreign policy on September 11th, creating a great excuse for another steep sell-off in the NASDAQ which was arrested in late September. Since its recent September lows, the NASDAQ has once again bounced nicely but repeatedly failed to break the top of its downtrend channel in December 2001 and January 2002. Like a prehistoric insect trapped in amber, the NASDAQ has been locked in this ugly downtrend for more than a year.



How on earth can any honest investor or speculator on the planet possibly look at a NASDAQ chart of the last three years and give it a bullish interpretation? That defies logic! A boom led to a speculative-mania bubble, which is crystal-clear and undeniable on the chart. That mighty bubble imploded under its own weight in a catastrophic burst (crash), which is also readily apparent on the chart. Since the burst, the NASDAQ has been death-spiraling in a steep bust phase that has annihilated enormous amounts of investors’ scarce capital.



It is absolutely crucial to note that since the burst there has not been a single major rally that has lifted the NASDAQ composite index up to an interim high that was higher than a previous interim high!



While the overall strategic perspective on the NASDAQ bust is certainly provocative and should be downright terrifying for anyone still playing the fool’s game of being long the NASDAQ for more than a month or so at a time, the current tactical situation in the evolving bust appears to offer some wonderful trading opportunities for speculators.