theprior
27 May 2018
Re: Tough game/immoral system Nb, maybe 40 for you!
theprior
27 May 2018
Re: Tough game/immoral system “If you invest in speculative companies such as this (companies that have never generated revenue...)RNS 18/04/18Repeat 20 Times until you learn it by heart, nb!!TP
Hallowed
26 May 2018
Re: Tough game/immoral system Numberbiter, I agree of course with your basic reasoning that if one invests in profitable companies and an expanding bottom line one should see a rising SP and benefit assuming one takes profit along the way but that does not mean to say the market is not rigged - it is IMO. There are opportunities to make money but it is simply becoming ever more difficult for the LT holder because of so many different factors - cycles, dishonesty, laws and regulations that appear to be there for our benefit but work against us providing a non-transparent and uneven playing field and generally understanding that professional traders operate very differently to the PI's who are far too conditioned by mainstream media.Each to his own, good luck.
numberbiter
26 May 2018
Re: Tough game/immoral system Hallowed,Private investors can certainly make money; the market is not rigged. The secret is to invest in companies that
1) Still has a positive Balance Sheet (assets exceeds liabilities) when intangible are ignored.(2) Makes a profit and generates cash.(3) Cash inflow from operating activities exceeds net profit.If you invest in speculative companies such as this (companies that have never generated revenue, let alone made a profit) you can expect to lose money unless you are very lucky.If you look at my posting (Melrose, on May 6) or Paddy Power earlier, I suggested that Paddy Power was a good bet at £68.5 per share (the closing price on May 4). The closing price last Friday was £90.80.Invest in profitable and cash generating companies and you will make money in the long term. If you invest in speculative companies like this, you would be better off buying lottery tickets - as this is gambling rather than investing,
Hallowed
25 May 2018
Tough game/immoral system Placing with II at mate's rates (20% discount to recent SP levels) and combined with today's 15% dilution shows disappointment for existing holders (but if can hold, will do OK over coming weeks if PI's learn to take profits). I know many have yet to awaken to this but the game of trading/investing is rigged which is why most PI's will never make money long term (I learned the hard way):- No placing at a premium to II means directors are far from independent (only in law but not in practice) - They can't disclose the identity of II and yet we, the masses, are required by a new EU directive to give consent to every Bank, company, school, institution etc to allow them to use our personal data (essentially us giving up our legal rights to our own privacy). Hmm.... (Btw, I have declined to give this consent).- No indication by management of possible raise during recent meeting with PI's (and yet 'negotions' must have been taking place to set up today's raise), so hardly transparency at work - for the few, yes, for the many, no.- Companies no longer 'allowed' to do rights issues as opposed to share dilutions (as in the past these often benefited PI's).Combine the above with blatant SP manipulations as and when required by the powers, shows this game has become ever more difficult for the PI. Ever more reason for those of us who still have a conscience to help each other out on these boards.
Hallowed
25 May 2018
Re: RNS Placing @ 12p The 15% dilution disappointing for existing shareholders but if can hold we should be higher soon enough.
theprior
25 May 2018
Re: Placing Looks like there’s lots of interest in jumping on the bandwagon at around 12.3p which is as near to the placing price as you’re going to get I think.Still p’d off about not being invited to the party though!TP
Ripley94
25 May 2018
Re: RNS Placing @ 12p Got to be active on AIM .
theprior
25 May 2018
Re: Sp Now we have a dip!TP
theprior
25 May 2018
Placing At 12p! Disappointed that this supposedly pi facing company has chosen to raise money in a private placing and not to invite pis to partake.Still. The immediate drop to the placing price could be viewed as a buying opportunity, wth the money going to the seller as opposed to the company’s coffers....shame on you Fiona !TP
numberbiter
24 May 2018
Re: Sp How about 3% then?
theprior
24 May 2018
Re: Sp Funny how some shares seem to go down as well as up, hadn’t noticed that before. They say “buy on dips” but I don’t think 0.67% counts as a dip.TP
numberbiter
24 May 2018
Re: Sp TP, have you noticed the price is falling again?
theprior
24 May 2018
Re: Sp RNS 18/04/18Not very often your right nb, but you’re wrong again.Better luck with your reading this time. 
)TP
numberbiter
23 May 2018
Re: Sp I have read all the reports coming out of the company since the 2017 figures (no revenue) were released on 16 April 2018. Not one report says the company is in production to produce a visible revenue stream. What they have said is that in one of the wells they are drilling they have discovered gas. Well, they haven't worked out yet how to get this gas out, nor who they plan to sell it to. So a 'visible revenue stream' is possible, but it is a long way off. I doubt the company will have any revenue in the year ended December 31 2018.Anyway don't let me stop any of you dreaming on. For that is what you are doing - dreaming. All I have ever said is that share is a gamble. But Longshot's do sometimes win, so you just might. It is just that I prefer backing the 'Frenkel's of this world; known form with a chance of further improvement. When, if ever, Echo Energy is 'placed' (showing signs of basic improvement) I might start to get interested. It is a basic rule of betting on horses; 'don't bet on a maiden unless you know something'. I am afraid Echo Energy is a highly tried maiden.
