Huge Stock Market Losses

Can we learn from others mistakes?

---
Bulletin Board Market chatter;

http://www.advfn.com/
http://www.lse.co.uk/

Friday 15 December 2023

Dividend Yielders

 


Tuesday 31 October 2023

Safestyle Double Glazing Windows - In Administration

 





https://news.sky.com/story/safestyle-around-680-workers-made-redundant-after-window-and-door-seller-falls-into-administration-12996605

 

Safestyle: Around 680 workers made redundant after window and door seller falls into administration

Thursday 4 August 2022

AMTD Digital - HKD

 




Friday 13 May 2022

Terra Luna - Blockchain halted

 


Note from the editor - please also take a look at Bitconnect on the internet - example documentary here. People lost fortunes in that crypto debacle. Some say this story is very similar to that of what happened to Bitconnect.

$80+ per token, last traded price on coingecko.com before the blockchain was halted - 

$0.00001328


‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight

Users of popular crypto forum fear they will become homeless after wipeout

https://www.independent.co.uk/tech/terra-luna-ust-crypto-price-crash-b2076655.html


---

Cat-Evening (reddit.com)

I lost over 450k usd, I cannot pay the bank. I will lose my home soon. 


No-Forever2056

Lost $15,000. I really believed in this project. So sad. 😓

Yup. Lost $15,000. I should’ve cashed put when it was $100 then I would have been at up $25,000. But I got greedy hoping to get more money so I can at least afford a downpayment for a house for my family.

I guess no house and savings then. 😓

Update: I already told my husband. He says he’s hoping it will recover. But if not, it is what it is. I’m just grateful I have a very understanding husband and adorable kids.

Hoping it will get better after this expensive lesson.


coolguy101624

Down $60k. 80% of my networth. I feel nothing.


aerosyne

50k gg

alessandro_oswald

50k gang here, 100% LUNA

aerosyne

Rip to us homie


Super_Samus_Aran

over the last 6 months? Nearly 200k


esrdin

Ditto


vonagon

Over $100k loss It hurts so bad Im done with crypto… Back to work Praying this somehow gets resolved


SnookShack

With just UST + LUNA - $270k in 2 days lol. Cut my losses when UST hit 0.80 but even then blegh.


thefakepaps  (GOOD NEWS)

I had some thousands on anchor. Withdrew all of it 2 weeks ago to buy furniture for my new apartment.

I was kissed by luck (and by my parents who forced to buy an apartment)

Thx Mom and Dad, love you


Clarneta

Initially invested 3k was profit in total 13k, all gone.

Edit: I’m 23 so this was a lot of money for me 😕


legendofnc

19 here, 15k$ liquidated instant, sucks man


StopCowsFromFighting

20k at ATH. Now left with 1k. It hurts a little for sure but my heart goes out to those who have lost everything.


Revircs

About 24k :,) was going to finaly be unstaked on Friday.


theshowerthought

about 40k


No-Forever2056

$16,000. Wish I could make it back


No-Forever2056

$15-$17k. Savings for a house downpayment


Iloveweed4201

97k


Doppelex

25k . I had 800k exposure, i just thought it’s not worth the stress and got out in time at first signs of depeg.


jkims15

$1.3M


snvll_st_claire

Im down 121.5k…


ArtichokeOk5022

231k. Can't afford my house or my car payments anymore. Took out a long of 100k for Luna too, bought at it'd absolute peak


CauliflowerOk3460

70K usd.


CantaloupePuzzled541

106k... about 95% of my deposit

Friday 6 May 2022

McColls - administrator appointed



(From lse.co.uk)

drizzy90 

20k for me. Ouch


chadvines

just lost £19.5k on McColls ....crazy weekFri 19:08

wiped out all of my £17.5k profits on VAST

net result out £2k....easy come easy go

next week is another week!


TheNavigator

RE: Shareholder action groupMon 15:09

I had £114K invested .. would be very grateful to join an action group!


SkyMonkey

RE: Shareholder action groupMon 13:41

I agree. The hysteria is silly. There were warnings beforehand that the company was likely going into administration. I lost £400, partly because I got wrapped up in a conversation with someone that was taking up too much of my time and I missed the chance to sell. I was going to at midday.

Its a small loss, but a loss all the same. Have to take it on the chin...

Monday 21 March 2022

Volatile Markets - $3bn Loss on Commodities

 Trafigura is said to be in talks with Blackstone for an up to $3-billion funding deal, after the trading group faced multibillion-dollar margin calls last week, according to Bloomberg. 

https://oilprice.com/Energy/Energy-General/The-Market-Is-Untradable-Oil-Traders-Grapple-With-Extreme-Volatility.html

Big Trader loss, exits bank

 

Morgan Stanley Trader Exits After Racking Up Millions in Losses

  • Hamza El Hassani left bank after dividend trades went awry
  • Russia’s invasion of Ukraine has rocked financial markets
Morgan Stanley trader is leaving the firm after racking up tens of millions of dollars in losses as a bout of market turmoil makes and breaks trading books across Wall Street.

https://www.bloomberg.com/news/articles/2022-03-11/trading-losses-at-morgan-stanley-said-to-prompt-a-sudden-exit

Thursday 10 March 2022

Nickel Short Squeeze. $8 billion losses

 https://www.wsj.com/articles/chinese-nickel-giant-tsingshan-faces-8-billion-trading-loss-as-ukraine-war-upends-market-11646765353

Chinese Nickel Giant Tsingshan Faces $8 Billion Trading Loss as Ukraine War Upends Market




EVR - suspended. Not suspended in the first round of stocks affected by sanctions.

 



stewar0610 Mar '22 - 10:59 - 2859 of 2948  (From ADVFN)

Just tried to sell.

Message came back as "this stock has been suspended"


Racctastic (From Lse)

Posts: 19

Price: 82.52

RE: whyFri 14:37

My own, non expert understanding of this is that we're seeing some populist kneejerk politics driven by xenophobic hate. Right now Russia is the big bad, and by extension the government will go after anything that looks or smells Russian, to please what they perceive to be the majority of the population. The fact that Evraz makes steel and Chelsea play football no longer matters. I think the board saw this and saw that getting some Russian sounding names out of the way would look good, so that's what they've done. They can't do anything about RA but if they put in a bunch of new people, preferably with very British sounding names, and wearing Ukraine flag pin badges for good measure, it will take the eye of Sauron off Evraz, which is good for us all. I think we're seeing politics here, not business, and it annoys me, but that's my observation so far.


Thursday 3 March 2022

More Russian stocks suspended in London

 




https://www.cnbc.com/2022/03/03/russian-billionaires-lose-over-80-billion-in-wealth.html

Russian billionaires lose $80 billion in wealth

Russia’s top billionaires have lost more than $80 billion in wealth in recent weeks, with more to come as sanctions and seizures start to bite.

The economic turmoil surrounding President Vladimir Putin’s invasion of Ukraine has erased about a third of the wealth of Russia’s 20 richest billionaires in recent weeks, according to the Bloomberg Billionaires Index.

https://www.theguardian.com/business/2022/mar/03/london-stock-exchange-suspends-trading-in-27-firms-with-strong-links-to-russia

London Stock Exchange suspends trading in 27 firms with strong links to Russia


Russian firms suspended from the LSE

EN+
Novolipetsk Steel
Gazprom
Gazprom Neft
Lukoil
Norilsk Nickel
Taftneft
Polyus
Severstal
Rosneft
Sberbank
VK
Ros Agro
Surgutneftegas
TCS Group
Rosseti
PhosAgro
RusHydro
Magnitogorsk Iron and Steel Works
Novatek
Fix Price Group
Global Ports Investment
Globaltrans Investment
HMS Hydraulic Machines & Systems Group
Lenta International
Medical Group
X5 Retail
VTB


Wednesday 2 March 2022

Russian, Ukrainin Stocks Listed In London









Evraz, Polymetal International, Jp Morgan Russian Securities, Petropavlovsk, Eurasia Mining, Ferrexpo, Enwell, 


 

Tuesday 1 March 2022

McColls

 


loganair26 Feb '22 - 20:46 - 3612 of 3648

Just think, in October 2017, McColl's then chairman sold his circa 10% stake at all time high share price of 295p. I wonder if he knew back then that going forward McColl's were going to be in trouble?

Tuesday 22 February 2022

SNG - "binary bets" come with risk

 


Northern6622 Feb '22 - 13:43 - 21958 of 21965 FROM ADVFN

0  1 0

How many on here are actually that badly hurt? It was a risk from day one. I lost 51k and am still holding. Anyone else like to share? Might make me feel better

Thursday 20 January 2022

Darktrace

 

fuji996 Dec '21 - 09:56 - 1753 of 1978 FROM ADVFN

0  3 0

This is the most illogical action I have seen from DARK. For a company that issued 699 million shares what a few million buy back will change to the dilution ? Instead of saving money and rather use it for R & D, they freeze it for no benefit whatsoever. It is like a drop in the ocean. This is the first time I am not happy with what they are doing. Now let's assume they start running out of money, are they going to ask the market for more money by issuing more shares ? If it is the case what's the point of buying back shares and wasting £30 million in the first place ? Really puzzled.

Best Of The Best

 

n0rbie20 Jan '22 - 11:08 - 2212 of 2214  FROM ADVFN

0  1 0

M*** S****** 9% stake bought off the directors @ £24/share for £20.5M. Now worth £3M. Ouch!

The Hut Group

 

bldm19 Jan '22 - 18:44 - 8823 of 8903 FROM ADVFN

0  0 0

Bookbroker I agree. I said the same last week. They need to start making money. They need this for 2 reasons. First, the environment in which we are and have been going into does not tolerate growth loss making companies. Second, at the moment, they are losing money per share and the market is not convinced they have IP that is hard to reproduce and hence valuable. There is nothing ingenious about ingenuity despite the name. So you have a retailer who is losing money. Great. I like their growth but revenue in retail is nothing. You can grow an unprofitable retail company very, very quickly. The trick is making profit. Let me give you an analogy. You can grow a financial company very quickly - just start lending money. In no time you'll have a massive book with low quality. Retail is similar - you can grow your revenue very easily, the trick is to grow profitably.

THG at the moment is a bit of a mess. They sell makeup, they sell nutrition, they claim they've got a tech company. At the same time, they've acquired all kinds of random companies along the way - for example they own preloved.co.uk - I'll be surprised if anyone here's heard of this one let alone used it. Understandably, they look like a ball of sellotape that has picked up all kinds of crap along the way and MM is now repackaging the crap and trying to sell it as something useful. Best way out of here in my opinion is for them to reorient the business for profit. Growth does not matter here. We need to see profits.

Deliveroo

 

imastu pidgitaswell20 Jan '22 - 11:08 - 572 of 574 From ADVFN

I'm spending around a minute a month on this, just checking the price on occasion - its business model is hopeless.

All it can do is build turnover ("Gross Profit" - arf...) and losses, as it is fundamentally flawed until it can charge a step-change increase for what it does - and I mean 3-4 times as much. And of course if it does that, the customers will melt away.

There is no 'volume-scaling' to this if every single transaction makes losses - there is no contribution to central overhead. More turnover = higher losses.

That is the outlook - there is nothing else to analyse.

Can you not see that?

Think about it - before you bandy about terms like 'clueless' and 'moronic'. And maybe look in the mirror.

ODX - "Could not sell one test in a 1 in 100 year Global Pandemic"

 



CaptainSwag From LSE.co.uk

Price: 13.875

RE: C***** K*** Wed 18:27

"Did he leave because there is no near term Good news coming ? Or has he left the Good news for incoming guy to start with ?"

I suspect c***** did not have a clue of what was going on in his factory let alone when he is going to get an approval. my suspicion is that the board looked at the SP and realised that it was either him or the whole bunch. C***** was called in , mumbled something unintelligible about not wanting to be a scapegoat and then said clear out your desk - BJ is waiting for you in the car park. last we will ever see or hear of him i hope.

---

ItIsWhatItIs99

Price: 13.875

RE: "There is NO short term need to raise capital"Wed 20:09

"Wrong, millions who want to travel especially on cruise ships"

Desperation. Name 1 cruise company ODX has partnered with..........

Forgive the pun, but ODX and all its clowns onboard have missed the boat on every single opportunity. Every major company who needs a LFT has a partner already in place with an approved product. ODX has 1 contract with DAM and that will go nowhere near to stopping ODX losing money hand over fist.

Monday 20 September 2021

Evergiven now the Chinese EverGrande

Too big to turn. Too big to fail?


Remember those huge ghost cities that popped up all over China, even as far back as 2010? They were "investments" that never paid an income, and were people's pensions. People relied soled on capital growth.

Now the plates have stopped spinning. Evergrande has a bong payment due this Thursday. They is speculation that it will default.

The ticker symbol is 3333.HK. The Chinese are highly superstitious with numbers. 3 being "birth".




https://www.youtube.com/watch?v=FTVxMyGBW48

^ People have invested all their savings and borrowed also. Some have lost millions.


Wednesday 7 October 2020

Rolls Royce - needs to raise £3bn to shore up finances

 SimonGn6 Oct '20 - 23:21 - 5551 of 5556

I've got some serious thinking to do in the next couple of weeks . . . my pension is in RR. not a company pension but a SIPP I have invested myself and is currently in RR.


Taking the options would cost me £18k and I would have to put that into my SIPP to take the options, it would then be locked in so borrowing the money is not an option and I don't have £18k let alone £18k to add to my SIPP.


Hindsight is easy . . . I am where I am sitting on a paper loss of £92k


I need to see if trading my Rights is possible from my SIPP, somehow I doubt it, if not I will need to get out and take my loss, at the most opportune time that I can find.

Monday 13 July 2020

KOOV - Delisted

Kong1 Premium Member

Hi Pthc

Not sure Putney lad would want to liase with me considering I was critical of his thoughts, which proved right in the end but I still lost £13k


Not herd of forsure but the last time I logged on was a few months ago and they were going to the city police I think.


At the end of the day, it seems what Koovs did was legal, but whether they mislead any shareholders is something different.

I remember a RNS saying they had 3 months money left in November. I’d made my mind up I was going to sell just before Xmas if no news, but as we all know, Koovs did the dirty only a few weeks after their RNS.

To me that was wrong and I’ve lost my money because they did something different to their RNS, which is misleading to me !!

Tuesday 14 January 2020

SXX - Sirius Minerals (Pending Take Over)

kenmitch 8 Jan '20 - 18:10 - 46524
It’s very sad for the many locals who were persuaded to invest far more than they could afford to lose, but many are blaming the wrong people. It’s not ********* who should be taking all the stick. He tried so hard to deliver what will still be a superb project for the area, and that project is now well advanced. His mistake was in the way he expected to be able to finance it. That’s what went so wrong, and shareholders have paid the price.

But most of the blame should go to brokers who got it so wrong (e.g Shore and their 82p price target)and columns like Midas in Mail on Sunday. People who know so little about investing will have trusted these people and assumed they were more clued up than they were. Unfortunately some setting broker price targets are incompetent as are those who hyped the share price here.

********
who banned posters he disagreed with is a classic idiot example. ADVFN has far too many posters like him.

The FACTS were always clear. A very ambitious and very expensive project and with NO revenues and NO profits for many years. It’s sales and cash flow and profits that do the trick for the shares we invest in. Those basics did not apply to Sirius, so it should have been pointed out to inexperienced investors that Sirius was only worth a small investment.

There WERE very good profits available when the share soared far too high. IF ONLY IF ONLY locals had had that pointed out, instead of brokers and other commentators and clueless posters here persuading them the Sirius share price would go higher still.

It’s such a shame that so many have been so badly misled.
---

Livelovetravel
Posts: 2
Price: 5.34
RE: General consensusThu 15:47
Is there next to 0% chance that the price will return to the 20p on average I paid for my shares? Currently on a L of £5k... finding it difficult to keep up with everything going on.
---

Harryoffdock
Posts: 730
Price: 5.415
RE: The slow drift down from the 'potential' offer price has begun.Thu 13:33
I have sold today n lost 85grand not trying to influence anyone it's your choice but now it's a case of do I risk waiting for a penny or two more or a penny or two less per share I lost roughly 85% my whole pension pot nearly took 40 years to save there were the chance the lot would go so sold get a couple of hols out of remainder pay a few bills then see what benefits I can claim.

Harryoffdock
Posts: 730
Price: 5.48
RE: I'm out.Thu 12:33
Sold this morning 5 years wasted and 85grand lost,have to pass the money pit on a regular basis makes me feel sick now hope c.f. has smile on his face.

Harryoffdock
Posts: 730
Price: 5.50
RE: TwitterThu 10:15
Sellers same boat mate wife bad with rheumatoid asked her what she thought.told me to sell the lot have done just now lost 85grand no way to recoup am retired fell for the cf ramping circus,think it is out of order tho to threaten we may get less if we don't sell prob the only thing he truthful about over last 18 months,still feel theres something dodgy here but what other options do we have well and truly led up the garden path n shafted up the back end.
---

KB321
Posts: 6
Price: 5.43
Re SiriusThu 13:22
Apologies if I've missed something in the earlier threads, but does any buyout need to be approved by a certain % of shareholders or do they have enough of a majority to do this without us? Has it definitely been confirmed that shareholders will be bought out and not given any shares? Where were the investors on the conference call, questions asked seemed to be from "family and friends"

30k invested and currently looking at a 20k loss, but hoping a
---

POSTI
Posts: 203
Price: 5.33
RE: I'm out.Thu 13:57
Just sold close to 1.7 million shares , took a hit of approx 32k , my last buy at 2.93 of 650k helped to nurse the loss by 17k or else it would have been close to 50k . Need a breather before I try to recoup my loss
Gla
---

Mr.dt
Posts: 1,195
Price: 5.51
I'm out.Thu 12:23
I have decided not to wait any longer as I have concluded in my head that even if this does get a higher offer,...say 6.5p it may add what? Another £900 to what I can get now? What's the point and what's the point too in waiting and watching this possibly go to the wall? This whole thing is a mess.....far, far, far from what I ever thought it could be. My money is going under my bed, away from any of those money men who will keep on stealing the dreams away from the small man. It was my dream to make just enough to pay my house off earlier, so I didn't have to keep battering my body into old age working so physically for a living. I don't think that's being too greedy. I've lost £7000, less in value than when I lost my mother and alot less than some of you here. Anyway, I wish everyone well, a good life and health and good luck if you continue to invest. It's been emotional ; )
---

AlanG
Posts: 3,163
Price: 5.505
SharesThu 11:49
The BOD have never been forward at keeping us up to date I.e news on shaft depth and progress and again we are being kept in the dark and presented with a take it or leave it offer of 5.5p this on a mine that has already had £1.5 billion invested on it now for sale for £385 million bargain of the centuary .
Special offer price 20p followed not so long ago with a very special offer of 15p we have been Truley put away .
The BOD have not fully explained the situation is this the only offer ? Are there any other parties interested ? So much for CF stating share holder values were at the core of his values so I am pleased my £55,000 loss has helped AA to a bargain nice work Chris and thanks for keeping all the Investors in the loop !!!
---

Spenny71
Posts: 4
Price: 5.50
Recent eventsThu 09:52
I've been here since April last year and have a 50% loss on £43k invested. My choice my fault.
Sad to see where we are. I've sold half and now pure gambling the other in hope of a better offer. Sad also that its looking like this chatrooms days are numbered. So just incase we all disappear can I just say thanks to all genuine contributors for the last 9 months Fred, Chesh, Myo to name but a few. You've been a constant source of advice (for and against) and the time you and others have logged has been huge.
Good luck to everyone left manning their foxhole lets hope there are some random late bids !
All the best fellow Sirius loons
---

The-Lockie
Posts: 1,139
Price: 5.50
AIM for you !Thu 09:28
Had a very small holding here and came out with £17 profit (3 beers then ). Sorry for those who will lose loads. Got my portfolio back to a very healthy amount ( FTSE 100 stock mainly) but I was one of those unfortunate one that lost a shed load ( circa £50K ) in XCITE Energy. Although I dabble with a couple of AIM listed companies ( MATD) I now tend to play it a lot more safely. Good Luck to you all .
---

Shonen
Posts: 314
Price: 5.51
RE: Sold outThu 08:46
Just sold the last of my shares, total loss in Sirius is now about £16,000, I have been buying and selling them for a couple of years . I will never invest in an AIM company ever again, Lloyds Bank is my main holding now, at least they pay decent dividends and the PPI fiasco is just about over.
---

DarrylJ
Posts: 1,367
Price: 5.55
RE: ?Thu 08:04
Compass, I thought you sold yesterday?

I plan on selling mine today now, 10k loss which I'm happier with than if I had sold at 3.5p then I am done with the casino other than BMN



FLYB - Flyb shares cancelled

europa7931 Jul '19 - 23:30 - 10866 of 10873
Well, not being in the best of health myself, would it be too much to ask for my 76k 'investment' in FLYB back because that 'stuff' sure meant a lot to me!! Also, it would definitely make a 'positive difference' to me. Thanks so much.

Sunday 22 September 2019

TCG - Thomas Cook needs to raise £200m



oilisgold22 Sep '19 - 13:00 - 20587 of 20616
Its tough guys but remember life has to go on. Few months ago if you remember i was mentally destroyed by this share and took a decision to bail out at a huge loss. First few weeks were very tough and my health started to go down hill. But remember all its just money and life has to go on. Take it as a learning experience for those of you that are young.

RBonnier22 Sep '19 - 23:23 - 20725 of 20749
Just a £2k punt on Friday morning looks like its lost thats gambling im afraid has its downside take the hit move on to the next bet.Nothing serious obviously sorry for anyone with large amounts of money invested.

ICAC23 Sep '19 - 04:53 - 20736 of 20750
This is what you get having CEOs getting paid millions for not making the company a single penny profits. Bailout would only fill those BODs more millions while creditors are not confident that things can be turned around.

R.I.P my £25,000


Tuesday 30 April 2019

CRND - suspended and delisted

.. same here , approx 290k shares.
Bought them at around 15p in 2015 :-(

Source: LSE