joke RNS zero return on investment here during last 12 months. S&P global mining index up 37%.....say no more
wonder how the investment in DCP went oh yes worthless..... 22 for 22 failures , that takes some skill to pick all the dogs and put them in one basket
Re: £40k a year for baxter to do w... And it's only a proportion of his fees!
Re: £40k a year for baxter to do what ... one4all, Pity he didn't know the ex-PM (name forgotten thankfully) as he could have got a Knighthood! or perhaps he can't cut hair.But at least shares are being taken rather than cash and Bruce is doing the same wrt the loan.The large miners have had a good year (2016) sooner or later the money will trickle down the market to the tiddlers, it's only a matter of time.
£40k a year for baxter to do what exactly? no activity , overseeing £800k of assets. really. £40k...thats more than some doctors FFS. I manage my own pension which has higher asset value than this .. laptop , kitchen table thats all that is needed,,,oh and about 3 hours a week.. unless you want to lose 85% of investors money then you will need a lot longer than that to study things so badly that 23 out of 23 investments you make lose money.. now that is some achievement.
so the latest investment in Diamond Corp bought for £25k is now worth approximately £8500.. another 66% loss on investment..or put another way it needs to go uo 300% just to break even..0 for 23
Re: 'strengthened' their board well the bar aint very high here is it, zero for 22 so far here
Re: 'strengthened' their board Doesnt mean she can't make good investment decisions though.
'strengthened' their board Gemma Cryan, have you read her CV, hasnt had a proper job for 4 years, why does an investing company of £1mill need more board members. who in the company is she related to.JOKE appointment
Changes Ariana have put out a very positive statement and the gold price has broken $1300 for the first time for two years, which should help Kefi also. Ariana shares up 8.5% today. Oracle shares are well up, so it looks as if the next revaluation of Starvest shares should be upward.The 34% discount to the last net asset value per share is looking excessive.Omar
Re: Explain your Sell rec with facts One4all er... over priced... built on a foundation of sand and mismanagement
Explain your Sell rec with facts One4all One4all do you really believe this is not worth 2.25p?Do you really believe this is a sell at 2p?Please explain why?Please use information pertinent to this investment vehicle and the companies in which it is invested as of May 2016. We all know there were sector wide commodity falls 2014/15 i.e. Glencore, BHP Billiton etc and small explorers were disproportionately affected. but we are investing now.ps: Also try and move on from mentioning overheads (as we not only know your view on that subject already) as to date it has not seemed to have any affect on the sp.
Re: When is a sell really a buy? well we shall see which one is at 2p by year end MXO or SVE.. I know who my money is on
When is a sell really a buy? Very simply when One4all is involved. Fresh from his recent disastrous 'Buy' recommendation at MX oil - which has tanked 32% since he proclaimed 'buy' - oil flowing hurry hurry! - One4all continues his useless and clueless campaign of disinformation and disruption here. if you can see a trend emerging then you're right: when One4all says 'sell' start to buy. And when he says buy - do your own research. He may not be doing his own obviously flawed research but be copying something written by someone credible.Worse still he doesn't take advice: both Omarinvestor and myself said buy here at 1.40/1.60p and in my last post I said 'Sell' MX oil - or rather wait for 0.65 before considering.I would advise you to avoid the empty noise of One4all and do your own research. Current operating fees here are high relative to returns but if they lead to improvement in ROI over and above the sectors averages going forward then soon they will not be an issue.This relies on continuing progress at Kefi, Ariana, Red Rock, Alba and Oracle and I for one think we will get it.
Re: Omarinvestor put this 'One' straight ple... looking at the accounts, fund value £1.2mill costs to 'run' trhe fund are about £140k, so 12% effectivly management fee. best to eiher buy the stocks directlly yourself or use a regulated proper fund management compny who charge between 2 and 5 percent.this is too embarrassing now