Cyprus-Forum.com

by **miltiades** » Sat Nov 17, 2018 2:29 pm

Ripple XRP now just over 0.48347 $
Should have bought more at 0.44 $ Still.I mustn't be greedy? Cyprusgrumma ...might get upset. I will sit on this until at least end of the year
There again? Tactics may change subject to unwarranted comments.
Speculative trading is not not exciting, also risky, but invigoratingly pleasant.

by **cyprusgrump** » Sat Nov 17, 2018 2:32 pm

miltiades wrote:not exciting, also risky, but invigoratingly pleasant.

Like Preparation H? :lol:

by **Paphitis** » Sat Nov 17, 2018 4:21 pm

Pyrpolizer wrote:
miltiades wrote:Guys, you all appear to be experts in trading, speculative trading is what I do, at 72 I don't have the time to invest. On October 31st, I bought Tomtom at 7.22 euros, I sold on Nov. 16th, made 617 euros. This a good profit in a tiny period. Why did I sell, simple, Im a speculator, the moment the goal posts change my instinct tells me to sell. The goal posts did change following the statement by the CEO
He and his 3 brothers own 44%, all four over 60 yo. They still wNt to sell, did you know they actually wanted 20 euros per share? No takers for now. I will watch still and will buy again. Unlikely that I shall be able to buy under 7.60. Will go in at 7.60.
Watch this share .

Not surprising!
When I was dealing seriously with this nonsense (what an oxymoron huh?) I pretty soon realized that not even one share anywhere in the world was under valued. They were all pumped up and up and on top of everything included the value of expected profits for at least the next decade.
Taking as an example this TomTom share , did you by any chance get to know what was the nominal value of the shares you bought for 7.22?
I won't be surprised to hear it was only say 50 cents.
Dividends are paid on the nominal value. E.g a 5% dividend on these shares would not be 5% of 7.22 but 5% on 50 cents, in other words peanuts.

The Cyprus Stock market is of course a joke but at least we got to learn things from scratch. It's a small place, we know people, and we know how an owner of a company can suck your money for nothing.
I know people who could very easily enter the CSE but they didn't. I will never forget someone who answering my question as to why he won't telling me: "Why should I? To steal money from my friends?"
What I cannot digest is how a businessman like you "invests" his money in the stock market.
Invest in your own company for CS. Assuming you have enough potential to expand, the minimum you would get from your own investment in your own company is 30%/year.

Tom Tom Market Capitalisation (based on its current share price) = 2.114 Billion

https://ycharts.com/companies/TMOAY/market_cap

It’s profit in the last quarter was 17.2 million. It’s net cash position is 172 million

It’s total 3/4 net profit is 60.4 million. Therefore total profit for the year should be about 80 million.

It pays a yearly dividend of 0.35 per share = just under 5%. That is it’s anticipated net yield per share (dividend)

So the shares are not over priced.

https://corporate.tomtom.com/news-relea ... 18-results

by **Paphitis** » Sat Nov 17, 2018 4:26 pm

miltiades wrote:Ripple XRP now just over 0.48347 $
Should have bought more at 0.44 $ Still.I mustn't be greedy? Cyprusgrumma ...might get upset. I will sit on this until at least end of the year
There again? Tactics may change subject to unwarranted comments.
Speculative trading is not not exciting, also risky, but invigoratingly pleasant.

You do understand you are already up but just under 10% already?

In other words you have done better here than with Tom Tom and in less time.

by **Get Real!** » Sat Nov 17, 2018 4:44 pm

Milti just sent me this cryptic telegram…

I-can’t-speak-now-STOP-I’m broke-STOP-It’s-just-me-and-my-dentures-and-in-my-underwear-STOP-please-help!-STOP-with-a-dollar-STOP

by **miltiades** » Sat Nov 17, 2018 4:46 pm

Paphitis wrote:
miltiades wrote:Ripple XRP now just over 0.48347 $
Should have bought more at 0.44 $ Still.I mustn't be greedy? Cyprusgrumma ...might get upset. I will sit on this until at least end of the year
There again? Tactics may change subject to unwarranted comments.
Speculative trading is not not exciting, also risky, but invigoratingly pleasant.

You do understand you are already up but just under 10% already?

In other words you have done better here than with Tom Tom and in less time.

Up around 400$ at 0.48.
I watch the price 3 times daily. This CC doesn't tend to rise or fall dramatically.
Im confidentit will soon touch 0.50 on its way to 1$.

by **Paphitis** » Sat Nov 17, 2018 4:49 pm

miltiades wrote:
Paphitis wrote:
miltiades wrote:Ripple XRP now just over 0.48347 $
Should have bought more at 0.44 $ Still.I mustn't be greedy? Cyprusgrumma ...might get upset. I will sit on this until at least end of the year
There again? Tactics may change subject to unwarranted comments.
Speculative trading is not not exciting, also risky, but invigoratingly pleasant.

You do understand you are already up but just under 10% already?

In other words you have done better here than with Tom Tom and in less time.

Up around 400$ at 0.48.
I watch the price 3 times daily. This CC doesn't tend to rise or fall dramatically.
Im confidentit will soon touch 0.50 on its way to 1$.