Thinksmart Share Discussion Threads

[dave4545] 19/5/2022 16:23

Block doing well again over 87

Current value of Block is £43 mil, add on 4-5 mil cash = £48 mil

TSL Market cap £25 mil

That is some difference still, can see why plenty are nibbling in a market where there's none, it's very good value

[portugull] 19/5/2022 07:48

Thank you bwm2.

[bwm2] 19/5/2022 04:15

its on the website

[coyy] 18/5/2022 16:46

In my Diary I have a note that BLOCK are holding an Investor Day today.

Does anyone have any news on this event?

[dave4545] 18/5/2022 15:10

Block 88 now

Managed to get 25k at 24.1p just now, massive difference. I mean I should be able to sell them easily for 28p+ considering they are worth with cash nearer 45p now

Punters seem to be asleep to all this, nobody seems to care

[dave4545] 17/5/2022 21:02

Block still at 85 which is good, could have easy drifted back to the low 70's

[dave4545] 13/5/2022 21:06

Solid Block held all it's gains.

Closed at 84

Value is £42.5 mil, add on say £4 mil cash minimum as well you have £46.5 mil NAV

Market cap £26 mil

Huge difference, even too much considering there's always a gap.

Should trade at 28-30p Monday

[albert arthur] 13/5/2022 15:35

Thanks, my algo flagged it as having oversold RSI, and larger upwards targets to the EMAs.. looks very interesting... think I'm going to ride the weekend out..

[dave4545] 13/5/2022 15:29

AA

I trade TSL I never invest in it.

It's been a brilliant stock for me trading wise, many times you can catch the mm's asleep to the rises and drops in Block on the Nasdaq

Right now their stake is worth well over £40 mil, add the cash and it's still trading at a substantial discount but it always does sadly but there is room for something inbetween currently if Block holds it's gains, the risk is at 4.30pm onwards it's out of your control as we shut as you well know. Block could spike to 100 or drop back to 70 in this volatile market

[dave4545] 13/5/2022 14:48

84 now for Block

Seriously behind for TSL so lots to catch up on

[albert arthur] 13/5/2022 12:45

How long you been in Dave? It's well oversold on RSI... SQ revving up pre-market... over 80 now..

[dave4545] 13/5/2022 09:26

Some people yesterday really did panic sell, that 50k at 19p was crazy and there was plenty others who sold size around 19.5-20p

[dave4545] 12/5/2022 21:29

76 close.

Equals 38.5 mil valuation + say £4-5 mil of cash so say £43 mil NAV

Market cap £23.7

Always trades well below due to Block volatility but the gap at the moment is quite big given both the drops in Block and TSL.

[mjneish] 12/5/2022 16:56

I tried to add today but couldn't get the transaction through on SETSqx. Really annoying, and not the first time that it's happened.

[dave4545] 12/5/2022 16:21

249k buy at 22.5p when it was 21p bid somebody sees value

[dave4545] 12/5/2022 16:05

77 now huge reversal

[dave4545] 12/5/2022 14:39

65.5 dropping sharply

At this price everything is worth around 38p so it's still a bit crazy the price is 20p here and dropping still

[dave4545] 12/5/2022 12:22

69 yes.

Could not resist 21p though. I mean that is a huge difference from 25p yesterday and even if they sold all their shares today for 69 it would still be not far off doubled the value of the current price.

[mjneish] 12/5/2022 12:19

Down another 3.5% pre-market at the moment.

[dave4545] 11/5/2022 21:39

71-72 close, brutal

So what is the value now, it's obviously still above the 25p close but of course we know they always trade at a decent discount.

Think all in with cash it's worth around £38-40 mil v £25 mil market cap

So I might be buying on any decent weakness in the morning

[mjneish] 11/5/2022 21:15

I can't understand why people continue to hold after the valuation has become absurd.

15.6% down today, who'd have thought.

[dave4545] 11/5/2022 14:36

Square/Block under 80

There is a lot of panic selling atm in the Nasdaq and crypto stocks everything is basically tanking but everything had stupid crazy valuations to start with

[dave4545] 11/5/2022 11:48

Square is steady at 86

TSL is under 25p to buy that is almost a full reversal from the super run it had from 2020 20p to 100p+