Phillip Reid
08 Dec 2017
Re: Phillip, Re: Will Dec 8th meeting actual... PEI did think that there must be some good explanation. Thanks.
PIE-EATER
08 Dec 2017
Phillip, Re: Will Dec 8th meeting actually go ahe... Just checked...it was the morning of the 24th when ALL family holdings were sold.Like you, it will necessitate a major ethical shift in the company for me to contemplate having anything further to do with them, but I will continue to watch and try to learnPEhoping no typo errors in here......
PIE-EATER
07 Dec 2017
Re: Will Dec 8th meeting actually go ahe... Quite simply a typo..... "have" should have been had. i was rushing as I had a couple of unexpected problems land just before heading off to Belgium and they had taken a while to sort.I SOLD my comparatively small holding when I said earlier that week (not checking as only got back a couple of hours ago after an 11 hour journey) and have a current holding of NONEPE
Phillip Reid
05 Dec 2017
Re: Will Dec 8th meeting actually go ahe... oilovlam''I don't think this is a safe bet. As a shareholder I feel duped. ''I totally agree with that sentiment, I thought this would be one of the few AIM stocks to be really rewarding to shareholders, however it wasn't a major part of my portfolio. I took the hit and wouldn't trust them with my money again (unless they could come up with a good ethical reason for previous behaviour).Regards
oilovlam
05 Dec 2017
Re: Will Dec 8th meeting actually go ahe... '' the comparatively small holding I have''.========== ========== ========== ========== =====PR, to be fair he might be in the league of Warren Buffet.....in which a couple hundred thou is peanuts.But Accrol looks to be on shaky ground.....you just have to look at the RNS with all the caveats. Although it was good to see the SP rise.....I don't think this is a safe bet. As a shareholder I feel duped.
Phillip Reid
04 Dec 2017
Re: Will Dec 8th meeting actually go ahe... PIE-EATERWith respect, regardless of where the SP is going now, a week last Saturday, you were recommending 'SELL' to readers on here. Last Friday (the last post on here as I write) you said '' the comparatively small holding I have''. I wonder how you can reconcile the two positions.Regards
PIE-EATER
01 Dec 2017
Re: Will Dec 8th meeting actually go ahe... NC,None of us like losing.......and in many ways that is a good sign as it forces us to dig deeper and deeper in our research. Ultimately, none of us know the "unknown unknowns"....ie those things which come "left field" as the yanks say. While my pride is hurt with ACRL, I am not beating myself up too much over it because of the diversification, the comparatively small holding I have and also a couple of things came out to force suspension within just a couple (or perhaps 4 ) weeks of a broadly reassuring company update....unknown unknownsGLAPE
nutty cracker
01 Dec 2017
Re: Will Dec 8th meeting actually go ahe... Thanks for the pointers PE.I see my timing to sell was as misguided as my decision to ever invest in ACRL.I have had a good run with DTG and GLE. So your swings and roundabouts comment doesmake sense.I will check out your suggestions, but like everyone I do not like losing.The majority of my investments are in the FTSE 350 and All Share, boring I know, but most are well researched.Wish me luck.NC
PIE-EATER
30 Nov 2017
Re: ST&AIM Precisely Richygm....I could have added GTLY, NICL etc to the list given. This is only really an option because we amalgamate all family accounts when it comes to asset allocation and so "she who must? be obeyed" and I split AIM holdings and also because we don't pay a fortune for trades (under £6).Even then, we tend to err towards the "safer" or should I say less blue sky and totally speculative holdings. AIM can reward you, but you definitely have to be prepared to have your pride hurt.....this is my second one this year after FLOW. Fortunately some of the others have done a more than steady job.GLAPE
Richygm
30 Nov 2017
ST&AIM I read ST's original piece on this stock, because I always read his column, but I didn't buy in because I've been out of AIM stocks for some years having lost too much on the ones I invested in. I think the only "safe" way to invest in this kind of stock is to have a basket of them, putting a small amount into each. Having just a few, opens you up to the possibility that you'll be hit hard when the occasional one plunges, and leaving you will some difficulty in getting your money back, or making a good return, with the few that do well.
PIE-EATER
29 Nov 2017
Re: Will Dec 8th meeting actually go ahe... Nutty,AIM goes through cycles,just like all other markets.....one of the key differences is that you can make (or lose) far more far quicker on AIM. However, it is possible to find steady eddies which over time are unglamorous but dependable, and many offer the possibility of BPR. Unfortunately, I thought ACRL might slip into that group.....oh how wrong! Fortunately, I tend to only nibble on AIM until I REALLY get to know and feel the company (current examples within family accounts include YNGA, JHD, TFW, SMS, GBG, JIM not likely to be Bpr, TEF, WJG, ZYT) and am prepared to accept the volatility. Consequently ACRL has probably dented my pride more severely than my account balance.Now may be a good time to sit on the sidelines and just watch AIM and target companies to get more of a feel how they react to whatever news flow there is.(and also watch developments here) That is certainly what I am currently doing and just letting all divis accumulate until I am clear what I hope to do. There is no point in me rushing in only to regret later.GLAPE
nutty cracker
29 Nov 2017
Re: Will Dec 8th meeting actually go ahead Sold out today and took a big hit. I thought that once the dust settled they would start to climbYou make a good point PE. If anyone out there would like to send me £1000 I would willingly give them £700 back.I am not having a good time on AIM. and seriously considering keeping my distance. I was sitting pretty on a nice 34% profit on WGB a couple of weeks ago. Look at them now. Similar scenario. I am keeping WGB (for now)Like many posts I feel duped by the upbeat report, only to shafted a few weeks later by both companies.I sincerely wish all holders good luck..
cosmos
27 Nov 2017
I suspect (hope) what will happen is that a placing will get done but just at 35p instead of 50p. This obviously means more dilution for existing shareholders. But at this point the aim must surely be just to get the raising done irrespective of the dilution. X% or Y% of nothing is still nothing. A raising seems to be the only way to steady the ship in the ST and give the company (and all stakeholders) a fighting chance. Sadly I think the idea that the brothers or the LLP take a hit is fantasy. I have to say what I find most troubling about this saga is the brothers' refusal to put money to work in the latest RNS. I strongly feel that this more than anything spooked the market and undermined the 50p placing in the first place. Which in turn undermined the value of the brothers' residual stake. The message seems to be loud and clear - we are not throwing money into a lost cause. I am no Corbyn supporter but frankly this total disregard for stakeholders (and I'm thinking above of all about employees) is shocking. In summary whilst I echo the sentiment of deep disgust with owners / management, let's hope that they can get this placing away...
PIE-EATER
27 Nov 2017
Will Dec 8th meeting actually go ahead Given the accelerating fall since the return from suspension, I have my doubts that the meeting on Dec 8th will go ahead.Why would any shareholder vote to give away 30% immediately (as things stand)? My gut instinct is that there will be some re-negotiation of terms and possibly the 3 brothers and the LLP will have to take more of a hit (as I personally believe they should as they managed to get out to a large extent at the IPO) ...........perhaps by having to subscribe for a substantial quantity themselves.This really isn't a pretty situation and I am glad to be watching from the sidelines. I feel sorry for the small PIs and "honest" managers who are still holding and now almost at the mercy of fortune. The reason why I am still on here is becausea) I feel a bit duped by the company (and that P's me off)b) I want to see how things developc) I want to learn from those developments to see if there are more lessons I can learn for the future...... I was stung and only able to get out c 40pGL to any remaining small PIsPE
PIE-EATER
27 Nov 2017
Re: Placing That was the question I posed last Thursday just before 9am.This isn't getting better for anyone still holding
