I agree with your comment about conservative holders being...

First 8 Last

Share
Profile

Follow
jazir1979

931 Posts.

61

07/03/17

15:54

Post #: 23160098
Share

Originally posted by threebeez ↑

The NTA of regular companies/LIC's is an important measure to determine share price potential/direction.
Other balance sheet measures also help determine the fundamental health of a company.

Here we have an unconventional company with a diverse base and asset accretion methods. From LIC to venture capitalist to hedge/derivatives trader, listed and unlisted vehicles.
Conventional fundamental measures do not do the company justice and the share price is largely reliant on sentiment - the emotional scary bit - in the periods between major milestones.

The latest definitive audited report has frightened the conservative shareholders and emboldened others to take advantage of their panic.

In time, I expect the SP will rise to be closer to the estimated NTA as it has been over the last 6 months. Certainly, after the IPO the fundamentals will be seen for more accurate share pricing.

Although I see good growth over time from an investor viewpoint - I can see the SP having significant corrections through such NTA issues, dividend/share dispersal's and possible future options issues. This will also attract attention from traders, shorter's and dividend scalpers.
i.e. what you see now will repeat time and again.
So now is the first clean-out of the unsure, conservative, and unimpressed and the start of the serious investors and/or traders that will move forward with the company.

I have been cynical in the past, but since the announcement of the potential dividend last year, have acquired some shares and as the potential become more apparent, regard the company as invest grade that suits my diversification interests.

My only issue at present is the cheerleaders in the forum that are either trying to pull Stuart's strings or he is pulling theirs. The issue of phone calls and emails between them is disturbing. To have detailed pre-announcements of pre-announcements (wrong this time) can only feed negative sentiment.

If I see the tail actually wagging the dog, then I'll go with the rest.

.

Expand

I agree with your comment about conservative holders being scared away and others taking advantage (I'm still thrilled to have topped up at $1.43 last week).

But I think you're being a bit rough about emails, etc. Anyone can contact the company and ask questions. If I asked when the next NTA announcement is due and they said they were planning on releasing it Monday but actually did it on the Tuesday, who cares? It really doesn't matter. The official announcement isn't due until the 14th anyway.

HML Price at posting: $1.52 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

The winners & losers on market if negative gearing were gone

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

There are more pages in this discussion • 23 more messages in this thread...

First 8 Last

Add HML (ASX) to my watchlist

I agree with your comment about conservative holders being...

Top Stories

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

KalGold rolls out detailed aeromagnetic survey across Pinjin project

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Featured News