Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Bhoddhisatva,scotia,Anonymous,Cornytiv34,Anonymous, for Donating to support the site

THIS is how you get rich!

Honest reporting on shorter-term trading activity and ideas
monabri
Lemon Half
Posts: 8370
Joined: January 7th, 2017, 9:56 am
Has thanked: 1535 times
Been thanked: 3411 times

THIS is how you get rich!

#27242

Postby monabri » January 29th, 2017, 6:26 pm


andyalan10
Lemon Pip
Posts: 92
Joined: November 4th, 2016, 9:49 am
Has thanked: 29 times
Been thanked: 49 times

Re: THIS is how you get rich!

#27335

Postby andyalan10 » January 30th, 2017, 1:08 am

Interesting article, despite it dating from late 2015.

Even more interesting is that after the article suggested a market cap of £220m was seriously toppy, the current market cap is £400m, with Geoff Wilding still owning 33%, or a stake worth £133m, from £90m 18 months ago.

Andy

runnygum
Lemon Pip
Posts: 78
Joined: November 4th, 2016, 9:35 pm
Has thanked: 14 times
Been thanked: 28 times

Re: THIS is how you get rich!

#27476

Postby runnygum » January 30th, 2017, 1:46 pm

Probably a reflection of technical buying more than sound research and "investment" planning.
Should be interesting to see what happens when the wheels fall off..

spiderbill
Lemon Slice
Posts: 537
Joined: November 4th, 2016, 9:12 am
Has thanked: 151 times
Been thanked: 182 times

Re: THIS is how you get rich!

#30655

Postby spiderbill » February 11th, 2017, 4:29 pm

Sounds a bit like the Man Utd takeover a few years ago - no-one could work out how that could be allowable either.

StepOne
Lemon Slice
Posts: 663
Joined: November 4th, 2016, 9:17 am
Has thanked: 194 times
Been thanked: 185 times

Re: THIS is how you get rich!

#234250

Postby StepOne » July 5th, 2019, 4:33 pm

andyalan10 wrote:Interesting article, despite it dating from late 2015.

Even more interesting is that after the article suggested a market cap of £220m was seriously toppy, the current market cap is £400m, with Geoff Wilding still owning 33%, or a stake worth £133m, from £90m 18 months ago.

Andy


Came across this old thread while looking at some other stuff and thought it was interesting to note that since the above, the market cap has been as high as £1billion, and still stands at £600m today, even after a serious 12 month drop.

StepOne

monabri
Lemon Half
Posts: 8370
Joined: January 7th, 2017, 9:56 am
Has thanked: 1535 times
Been thanked: 3411 times

Re: THIS is how you get rich!

#234274

Postby monabri » July 5th, 2019, 6:09 pm

Not a bad return on a £100k investment, Geoff!

Bouleversee
Lemon Quarter
Posts: 4652
Joined: November 8th, 2016, 5:01 pm
Has thanked: 1192 times
Been thanked: 902 times

Re: THIS is how you get rich!

#236232

Postby Bouleversee » July 12th, 2019, 3:45 pm

I have held VCP since before Wilding appeared on the scene and my original shares cost me nothing in view of the div. paid to enable him to collect a large stake; none paid since. I offloaded my original holding to 6 family members after the big drop as a takeover seems likely at some point, negating any AIM benefit and having read that AIM tax relief is likely to disappear anyway, and bought some more in my ISA. I would be interested to know what any of you think of their recent results as I become somewhat Dorisian when trying to analyse balance sheets. The directors paint a rosy picture but the market seems somewhat less enthusiastic.

GoSeigen
Lemon Quarter
Posts: 4336
Joined: November 8th, 2016, 11:14 pm
Has thanked: 1583 times
Been thanked: 1561 times

Re: THIS is how you get rich!

#236527

Postby GoSeigen » July 14th, 2019, 12:48 am

monabri wrote:Not a bad return on a £100k investment, Geoff!

Unfortunately Geoff didn't post his method and trades in real time, so it's a bit OT for this board, isn't it?

GS

monabri
Lemon Half
Posts: 8370
Joined: January 7th, 2017, 9:56 am
Has thanked: 1535 times
Been thanked: 3411 times

Re: THIS is how you get rich!

#236540

Postby monabri » July 14th, 2019, 8:24 am

GoSeigen wrote:
monabri wrote:Not a bad return on a £100k investment, Geoff!

Unfortunately Geoff didn't post his method and trades in real time, so it's a bit OT for this board, isn't it?



The original post (by myself) was from quite a long time ago and there was a link to an analysis of VCP ( link now defunct). The article wasn't about trading but on how one person saw an opportunity to personally benefit from a situation.

Basically, businessmen (opportunist) comes along to help a family run business at a board members request. The Vic was a family owned business poodling along going nowhere. Sone of the family wanted to get their hands on cash...especially the younger ones. Internal arguments followed by the strop resignation of the MD (who really cut his nose off to spite his face...not reported in the press). Businesman cuts deal with family....eventually ending up significantly profiting for a relatively small financial risk. Businessman goes on acquisition trail, buying up all relevant businesses..share price starts to defy gravity. Where will it all end up?

stressor
Posts: 21
Joined: December 15th, 2019, 10:30 am
Has thanked: 13 times
Been thanked: 5 times

Re: THIS is how you get rich!

#272639

Postby stressor » December 20th, 2019, 6:44 pm

any other links of a similar nature?

DenBrown
Posts: 3
Joined: June 28th, 2020, 3:47 pm

Re: THIS is how you get rich!

#322475

Postby DenBrown » June 29th, 2020, 9:48 am

Very interesting article, I would like more similar links


Return to “Trading my way to a million”

Who is online

Users browsing this forum: No registered users and 1 guest