AlphaCentauri
12 Jul 2017
Re: 50% up on 2.1p a share cash bid "We believe that this offer suitable shafts the shareholders of the company in the time honoured manner of the AIM market. We are sure you will all be pleased to accept it". BOHICA.
GENG
12 Jul 2017
Re: 50% up on 2.1p a share cash bid Cleverly pitched at the top of the downward channel - or coincidence?There is some serious manipulation going on with fake news - wouldn't surprise me if the offer gets withdrawn or rejected to push the price lower - just like the previous lots of news
HPC Follower
12 Jul 2017
50% up on 2.1p a share cash bid Where are the PIs here... has nobody noticed?Good offer or opportunist - ASA is potentially worth a lot more in my view.
AlphaCentauri
04 Jul 2017
Re: Results should!! be due soon Well, the results did come out and not a lot happenned. They seem to have made a profit on the selling of a "non core asset". Maybe trading assets is the way forward as the core business does not seem up to much.
Mara Gorsuch
23 Jun 2017
Results should!! be due soon Going by last years dates, Bindura full year results should be out next Friday, the groups yearly results should then follow around the 21st July.I sold out completely mid April at 0.185 and now I'm just waiting for the results to appear, I don't think they will be that impressive especially for Bindura so hopefully I can get back in at around the 0.130 or less mark.
GENG
24 Apr 2017
Geng:ASA (from FRR Thread) Hi PJ Continued from the FRR Thread - answer below"Hi Geng, Why would the chart predict the events at ASA ? Even if it could.....would it be useful. You are trapped in a mind-set. ASA has been perfectly up-trending since last January.....the chart looks text-book. The correction from October 2016 (2.8p) which finished a few days ago is a perfect correction contained within parallel lines. It couldn't be any more perfect. A fantastic place to buy....I wish I'd spotted the stock.Charts aren't about 'news'. They are about 'price' ......and 'Time'These are the only two things listed on the axes of a chart.Thanks for mentioning this because it is more fantastic proof that 'events' don't alter a chart path in the slightest. If you are being fooled by the 'volatility' .......you need to look wider than just the immediate action.......ie, broaden you view of how the various legs of a chart fit together at larger timeframes. Some charts are very volatile.....you need to look beyond day to day movements.ASA looks spot on........any ideas what's likely next ? PJ"Hi PJ, Ok 'predict' is the wrong word but you keep saying that the news follows the chart. My point is that in the recent ASA crash the chart followed the News.Also your comment: "'events' don't alter a chart path in the slightest" This is a time relative statement. Mid term well it clearly did with ASA - it was on a 'text book" upward trend. The news caused it to drop out of that trend.Shorter term (since Oct 2016) you could argue its been in a downward trend since the beginning of October and the SP bounced off of thisHowever Long term it is still in an upward trend with the bottom around 0.65Shown on enclosed chart:-[link] does it go from now - well needs to break above 2.15 - or its back down below 1p or possibly to around 0.65cheersGeng
onedb1
22 Apr 2017
Re: As if by Magic the holding RNS appears No magic Geng but do know what you are saying .I loved this stock back when we had that cup and handle back last year June July if I recall well .This responds well to basic patterns . I entered way sub 1p and played with it thus week too.Been discussing the play here more on Twitter than this thread, it's on my active list .
GENG
21 Apr 2017
As if by Magic the holding RNS appears I guess the only regret he will have is having paid 2p for a large amount of his holding!Surprised he only managed to grab another 1%I guess he's not expecting anything bad to come out
AlphaCentauri
20 Apr 2017
Re: Orchestration This is a classic example of how the AIM market works.
Hunter63
20 Apr 2017
Orchestration Someone's definitely hoovering up all the small panic sells. Just a thought
GENG
20 Apr 2017
Re: Stuck at 2p Lets see if there is a holding increase in the next few days - if so then this is bordering on criminal!The last two days have been a good trade on the bounce but if it falls back today then forget the 'news' side of things I think the SP may get as low as 0.6p before it recovers.Sorry you are correct re my maths - its 3x - not 4xDid make quite a bit back on the bounce but sold them this AM
AlphaCentauri
19 Apr 2017
Re: Stuck at 2p <<I think this has got a lot further to fall so have dumped most of my holding manage 1.15 for most. Annoying really but not too upset as that's still almost 4x my original purchase. >>I somehow doubt your arithmetic but regardless of that somebody has made a lot of money out of yesterday's tree shake.
GENG
18 Apr 2017
Re: Stuck at 2p Not Stuck anymore - DOH!Wonder if David Li has sold - or been buying more.I think this has got a lot further to fall so have dumped most of my holding manage 1.15 for most. Annoying really but not too upset as that's still almost 4x my original purchase.
AlphaCentauri
18 Apr 2017
Unsubstantiated My A**e!! All looks to be good fun here with Chinese and African clash of dodgy business practices! I think Mr Li may well be having a word with his Triad chums in HK to get this sorted out in an approprite manner. Great start to the week......
GENG
28 Mar 2017
Re: Stuck at 2p Looking like it on the body of the candlesticks - just need a trade above 2.2 to do the tops and we're on our way. Not really sure how far it will go but somewhere in the 4p region would be good.
