Gold or Silver
25 Mar 2015
Strong Interest Continues here .Let`s hope it continues .Good luck all & sundry
midcapper
05 Mar 2015
Re: Of No Interest Thanks for that detailed reply. It's appreciated, and validates my own thoughts.
okgetreal
05 Mar 2015
Re: Of No Interest I guess there were a couple of reasons. The recent results dropped the price increasing my losses making it more painful to sell. On reviewing the results, whilst disappointing after evaluating the performance and underlying income along with the client base I decided that the business is going cheap at £3m. I've been here before with Newmark Security, I accumulated 4m shares, buying 1% of that business when it was only worth £3m. Today it is worth £11m. So I took a fresh look at today's price, a good product, good clients, reasonable income stream, growth cost base (which could be trimmed to deliver high profit) and I decided that it is now too cheap. Having made lots of money elsewhere and being mainly blue chip invested adding 40,000 shares for £16k-£18k, with a possibility of a £10m valuation in the next 2-3 years (I don't think it will go bust, it has to be worth more in a sale and in had positive income) seemed to be a reasonable investment opportunity.
midcapper
05 Mar 2015
Re: Of No Interest Mm... So you've decided not to dump, and instead are now approaching a personal RNS level of investment. I'm still holding at a substantial paper loss, but still hopeful that I'll see a profit, at a much lower level.Would be useful to hear why you changed your mind.
okgetreal
04 Mar 2015
Re: Of No Interest Indeed very strange. I've had purchase orders set at 40p and 42p in the last few weeks and struggled to fill them even though the price has been at those points. I have managed to pick 40,000 previously and now hold 65,000 shares. Nearly at 1% of the company.
Gold or Silver
03 Mar 2015
Of No Interest Interesting trading occurring .Good luck all & Sundry
