Gunsynd Share Discussion Threads

[scotty666] 16/10/2017 09:05

Knowing, maybe sellers as there was some liquidity after results, until news on Oyster where we now have well over >1M invested we will probably trade sideways at best.

[knowing] 13/10/2017 13:13

The only explanation which I have for these sells is a large sell order was placed some weeks ago and has not yet completed.

[scotty666] 13/10/2017 09:44

After reading again in some detail am good with the results and NAV per share (listed only or otherwise). Clearly Oyster listing will be a significant catalyst for upside as it is our largest investment + expected fees + discounted warrants will be in the money if it does ok.

As far as the AGM resolutions I am voting against resolution 4 & 5. I do understand every company needs to have the option to issue shares (its the point of public listing right) but the authority is too high after the amount placed this year & discount to NAV too high.

[scotty666] 12/10/2017 20:57

Appears they will expand the model outside of natural resources also:

”Accordingly, going forward and in line with our investment policy, we will also look at sectors other than natural resources where we are able to invest in a manner that provides not only potential for very high risk-adjusted rewards but also affords Gunsynd the opportunity to help the investee company maximise its return to shareholders.”

[seagullsslimjim] 12/10/2017 16:49

Agree scotty - prudent balance between salary and options

[scotty666] 12/10/2017 16:21

Directors only paid 26k shown in the accounts !!! I think that justifies the options being reduced and more realistic at 0.5p.

[gantenbrink] 12/10/2017 16:10

Very pleased with those results.

Quite a turnaround and an exciting future ahead.

[seagullsslimjim] 12/10/2017 16:02

Most wont see these results until after the market closes and so tomorrow bodes well.

£3.2 m in assets and yet a market of circa £1.6m

That gap should narrow and then the NAV will increase more with the imminent Oyster Listing.

Patience repaid to current holders and newbies still have time to get on board

[scotty666] 12/10/2017 15:52

Under the radar Knowing, releasing results at the start of the day tomorrow would probably have got more attention but whatever, at the end of the day results speak for themselves. No update on oyster IPO but it has to be pretty soon, perhaps November lets see.

[knowing] 12/10/2017 15:39

Ridiculous this is still valued at £1.4M

[scotty666] 12/10/2017 15:30

Impressive results to say the least, hats off to Hamish he has turned this around. Generating huge gains in profit and asset value v market cap.

[knowing] 12/10/2017 15:22

£492K Profit

The Company made a profit for the year of £492,000 (2016: loss of £564,000) after taxation. This profit originated from realised gains on disposals of its listed investments of £408,000 along with market value revaluation gains of £417,000 (2016: losses £54,000). The Company had net assets of £3,266,000 (2016: £1,307,000) including cash balances of £372,000 (2016: £358,000) at 31 July 2017

Outlook

Whilst unfortunately not yet reflected in the share price Gunsynd is in a far better shape than it was this time last year. This, however, is merely the start. We intend to be very active in the next twelve months.

The Board would like to take this opportunity to thank our shareholders for their continued support and I look forward to reporting further progress over the next period and beyond

[seagullsslimjim] 11/10/2017 12:03

Tyra - just one seller and certainly that would be a loss

Patience as the NAV is way way above where we are currently.

Sounds like a scratched record i know but the investments re the NAV are there for all and sundry to review

[ravin146] 11/10/2017 09:57

Scotty thanks

[tyranosaurus] 10/10/2017 17:50

This will not go anywhere while there are still sellers around willing to get 0.032p for 50m shares.
It`s highly unlikely that they made a profit.

[ravin146] 10/10/2017 17:02

Scotty are you invested in ZEN?And also is it possible to update the header with my summary?

[ravin146] 10/10/2017 16:35

Would gun invest more in UOG?Or do what they did with zen?

[scotty666] 10/10/2017 16:23

They were selling ZEN from Feb - Jun, I think they got 13p for the first tranche from memory so did pretty well. They helped fund ZEN to listing hence sold down soon after at close to 100% gain, pretty decent in my book for a short termist :)

No idea if they still have any left, will find our on the next update I guess.

[ravin146] 10/10/2017 15:00

Well I believe GUN sold from 5-6% to now near 1% and the selling wasn't helping.GUN can do what it wants but it seemed they were short-termist.Each to their own, don't hold here, imo don't believe in multi oil investment companies. Rather invest in a fund.

[tyranosaurus] 10/10/2017 13:39

Why were posters here hoping they had got out of Zenith ?

[ravin146] 10/10/2017 08:30

Great news at ZEN today, a momentum of good news recently adding to bopd and revenue.Gla

[firw00d] 09/10/2017 16:25

Chadders no problem buddy but don't take my word for it, it's just the figure i had in my head and is quite possibly way off the mark,
GL Buddy

[ravin146] 09/10/2017 16:07

Lol...stigologist if you are worried about paying the bills....you really need to stay away from the stock market!Put your pennies in a piggy bank.Rofl

[the stigologist] 09/10/2017 14:28

'fascinating' doesn't pay the bills