Lol easy princess, you're giving yourself hope |
Mellon like many long term holders has been in from the start of FFWD and as a result is sitting on a large loss. I suppose we should draw some comfort from the fact he is averaging down. It is not much of a risk as if the company was liquidated he would multibag on the price he is now paying. |
Mellon again. Why do I suspect he wants to influence where the cash pile is spent, ie on some of his many pet projects. |
Suck it up princess, they are never going to dissolve this cash cow |
I just noticed that PANR closed this week at 50p. Ed invested £250000 in these at 17p and bragged about how well he had done selling at 22.9p with a profit of £87000. If he had not sold until Friday the profit would have been just under £500000 on a close to 200% gain. The guy is not justifing his salary and this company should sell all its assets and return the money to shareholders as a matter of urgency. |
Suck it up princess, they are never winding up this cash cow you mug. |
PANR Number 2 on the Leaderboard Up 15% at 45p so now 100% higher than the price Ed sold for. They really are not very good at investing and I absolutely agree, as I have said previously the only responsible course of action based on the track record of the Directors is to wind it up and return the money to shareholders. |
Got to laugh at the management. They still highlight how clever they were with the Pantheon (PANR) trade resulting in a 35% (mighty 87k) profit, from buying in at 17p and selling at 22.91p. Pat on the back lads.PANR currently trading at c. 39.5pIf they did what they generally do, i.e. Sweet FA they could be sitting on a profit of 330k+ c 130%.They are not very good at this investment malarkey. Further proof is the NAV deteriorating year on year, which is generally fictitious anyway. Time to wind this up & give what little is clawed back to shareholders. |
"I would like to extend my thanks to our team and shareholders for their unwavering support"
Give me my cash back, you cabbage. |
You still hanging on to this Burton? It’s a disaster. Has been from start to finish. For those that don’t know TMS is burtons company. |
10 Stocks to follow in 2025https://x.com/tmsreach/status/1871447243376713747?s=46&t=z43m4_7LgUJ7F0f0suJ-OQ |
Problem is until they admit its goosed and time to give up they will just keep collecting wages and screw over shareholders ,hence the price will continue to drop . Surprised it's gone lower the amount of selling there is |
Lol what a dogs dinner |
I have said it more than once and agree with Jaylett just wind it up and return our cash or what’s left of it. They are unable to deal with the massive discount to NAV and the share buyback had no effect so the only responsible course of action is to get rid of the Directors and wind it up. That will by no means give this long term holder his money back but I will get multiples of the current share price Ed of course is doing well with his salary but also when he finally bought some shares he paid 2p and not to long after that we had a 1p per share dividend so now he only paid 1p. If we have another 1p dividend Ed will essentially have his shares for free. |
Wages bill for the Board of Directors at SEED:
Ed McDermott (CEO & Executive Director): 161,000
Lance De Jersey (Finance Director & Executive Director): 106,000
Alfredo Pascual (Executive Director): 46,000
Ian Burns (Non-Executive Chairman): 36,000
Luke Cairns (Non-Executive Director): 36,000
This brings the total annual wages bill for the Board of Directors to 385,000.
That 87k gain will fund the BOD salaries for about 11 weeks. |
The biggest highlight they have to talk about from six months of 'work' is a paltry £87k gain on a trade that any PI could have done. In the meantime they continue to sit on our money and do absolutely nothing with it, other than pay their own salaries.
Just wind it up and return the cash please. |
Still not looking good big seller dunping and every day seems to be sells and no buyers . Expect to see it drip to 1.2p soon if it continues |
Lgp falling again . I agree it looks good but when you sift a bit deeper there are also reasons why it's valued at cash or below .
Someone has been selling this consistently for a while now not sure wether it's just churn or something else . Watching for now |
I'm not vouching for management, just when all the stakes, good and bad are added to the cash, it looks relatively interesting. And they have some history of returning money to holders through both buy backs an spcials. |
Lgp dropping in value again though . They don't have a great track record here and have to pay wages so cash will drop |
Cash well in excess of the market cap. |
Surprised this isn't falling further as it's been mostly sells day after day here |
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