Gunsynd Share Discussion Threads

[apfindley] 20/12/2020 09:25

Be wary. The serial pumpers lenigas and afzal are now trying their luck here. Do they ever stay with one stock for more than a week before the next company they choose for a placing pump.?

[johncasey] 19/12/2020 18:47

ukog will come good in 2021...patience

[bobby.ifa] 19/12/2020 18:04

Look at UKOG now, not the best comparison.

[lottsgold] 19/12/2020 15:40

Great thanks Scotty really helpful.

[johncasey] 19/12/2020 13:43

all the ingredients are there...resource bull run,investors with nothing to spend their money on but trade,internet making it easy for folk to buy creating a tsunami effect,social media going crazy for RINCON...WATCH AND LEARN!

[johncasey] 19/12/2020 13:41

or maybe it will do a poseidon and rocket 100x...stranger things have happened

[johncasey] 19/12/2020 13:39

I CAN SEE GUN HITTING 10P BY THURSDAY especially now lenigas is ramping it...just like UKOG did

[johncasey] 19/12/2020 13:34

lenigas frothing come monday morning/sunday evening


David Lenigas
@DavidLenigas
·
21h
Going to be one hell of an interesting week next week for
@WishboneGoldplc
#WSBN and
@GunsyndPlc
#GUN I reckon. I’ve also stuck in a good sized buy order for Rincon when it lists on the ASX for Monday. And of course Rock-On the amazing and unstoppable
@GreatlandGold
#GGP.

[scotty666] 18/12/2020 22:45

I posted it a while back, in total it was £2.7M on Oct 5th and they raised £1.1M cash since then so around £3.8M now. Around £0.7M is Rincon so cash and other assets represent £3M

I will update my list of investment and values this weekend and post it here if it helps

[lottsgold] 18/12/2020 20:12

Has anyone tried to hazard a guess at the value of the other investments?

[scotty666] 18/12/2020 20:12

Yes agreed that is what I said.

The share price / Mkt cap however does have the allowance for growth as it is forward looking hence the premium to NAV - that’s why we all piled in <1p knowing Rincon was moving to IPO. I expect that premium to close a decent amount as Rincon share price increases and NAV with it

[festario] 18/12/2020 18:22

Yes Scotty, but the current NAV makes no allowance for growth.Rincon, Eagle Mining and the Shinju company are all in exciting growth phases, and that is starting to filter through to the GUN valuation.

[scotty666] 18/12/2020 17:27

Actually >800%

[scotty666] 18/12/2020 17:23

Festario

Even considering all investment’s the mkt cap is over x2 NAV. If Rincon increases 500% then NAV will be a little closer

That is not to say the gap in mkt cap v NAV will not continue of course

Good weekend

[johncasey] 18/12/2020 17:21

i thought this was john gunn's company...apologies if mistaken

[whattheduce] 18/12/2020 16:17

All aboard, all aboard, this train is about to leave the station....

[festario] 18/12/2020 16:11

Eh? Are you ignoring all the other companies that GUN has holdings in? Did you not read the RNS with the investee company updates from 2 days ago?

[qs99] 18/12/2020 15:58

How can people here justify the near £10m market cap on a 16.5% holding of a company not listed yet, but lets say gets off to a good run and gets to say first day dealings of £30m at a push.....(i make that number up).....GUN holding is then worth say £5m.....leaving rest valued at £5m as well

All the hype is the IPO in my view, and until it lists, we don't know what it could be worth, but having done very well on GUN over last month or so, I am out for time being as I can't see how GUN should sit at a premium over its holding in its investee company...

DYOR and good weekends all
QS99

[whattheduce] 18/12/2020 15:48

Oct requires 75% shareholder approval to delist.

I am having a close look at the proposal, there might be a win win there either way. Certainly being lined up for something.

[geko5trade] 18/12/2020 15:42

I think Casey is talking rubbish re GUN. There's no similarity to Octagonal as far as I can see. In the case of Octagonal there was a clause that allowed the company to be taken private without, I think, any protection for shareholders. Looking at the shareholdings there doesn't look anything irregular with GUN.