BOWOOD
23 Apr 2016
Re: M/C At the moment I am trying to find a good reason not to top up enough to bring my average cost within reasonable reach of the current sp - and I cannot. The product is good but I fear the management may not have been up to it. However when you get a new and substantial investor paying 6p a share only a couple of months or so ago, and taking a major board position there is every reason to beleive they do not want to lose money. The results are now a little later than last year and it may well be that we can expect some fundamental changes to be on there way as far as growth is concerned. Perhaps less growth and consolidation and development of what they already have on offer. With the sp at about 1.75 to buy a bit of contra thinking may be timely as I see this as a weak bust situation or a possible four times your money job over the next six months. Buy from frightened men!
theprior
22 Apr 2016
Re: M/C Absolutely agree Bo. But there were some significant sells at the end of the session today. People are just losing interest and apathy has well and truly set in.At risk of being repetitive, it's the lack of any operational updates that is dragging us down. Surely in 5 months something newsworthy has happened ??The company have a unique and valuable offering. But we need to know where we are in respect of the plans for the summer season. For instance, the news about the IOM council.TP
BOWOOD
22 Apr 2016
M/C The market cap is about in line with the amount raised earlier this year making what was there before effectively worth little or nothing. I cannot believe that to be the case and feel that the market has got the sp wrong. Selling is not heavy yet the sp has continued to fall.
sinking ship southward
19 Apr 2016
Council Approval [link]
theprior
09 Apr 2016
Re: Oversold Yes, I posted on 11 Feb "over the edge" when, for no apparent reason, the price plummeted from 5 to 2p, having been around 10 just a few months earlier.I wonder if something happened which then caused certain directors to walk on 26 Feb. maybe a boardroom spat ? Certainly somebody knows.....they sold and the sp dropped as a result ("they" could be singular or plural !)This is why I keep moaning about the lack of news. We own the company and should be told. Perhaps even in a letter to shareholders as opposed to an RNS.Either way, the negative sentiment which is depressing the sp needs to be reversed. This can only be done by the company, the way it conducts it's business and the newsflow emanating from them.I again urge the board to embrace some dissemination of information and investor relations strategy which is informative and positive.Regards, TP
BOWOOD
09 Apr 2016
Re: Oversold That's right. The only subsequent news was the fund raising in January at 6p to raise £5m. Now with a market cap of about £7.5m the SP suggests it has been well oversold. The lack of news can often cause the SP to drift on small selling but I cannot beleive there would have been any selling from the placees. The forthcoming annual figures together with a positive outlook for the coming season could see a return to the 6p level.
theprior
08 Apr 2016
Re: Oversold Unless I'm not seeing it correctly, the last Operational Update was 5 November .... 5 Months ago. Has there been one since ?TP
BOWOOD
08 Apr 2016
Re: Oversold Agree, news on the event programme for the coming season would help and should make positive reading. The cash is in place to ensure the business can be further progressed. I think the results are due soon and although there has been a trading update the figures and an outlook forecast would be helpful. I think the concept is excellent for events, social needs and major construction sites. But the market wants to be able to believe in the product and the potential, and once that is achieved the sp progress should be positive.
theprior
08 Apr 2016
Re: Oversold Fully agree BO, but I'm pretty sure part of the problem here is the lack of operational news. Here we are, at the beginning of the events season, and we have been told nothing of the work being done over the winter to prepare for this season. Nor have we any idea of any new events being planned.I too am underwater, I don't suppose many aren't, and agree we need a change of sentiment. This will only come if we have transparency. And News !!Regards, TP
BOWOOD
07 Apr 2016
Oversold I am underwater here but I do feel ZZZ are either oversold or are simply out of favour and are marked down with each sale. The last fund raise was at 6p well below the then market price and they would now need to double to get back to that level. The business is highly operationally geared and once the increase in accommodation becomes revenue earning the fixed costs will be washed over and eps should begin to climb rapidly. I think they are due for a bounce and feel at 3p they are worthy of a top up
theprior
04 Apr 2016
20/11/2015 Last news about the product !Really not good enough. That's getting on for 5 months with the most significant news a board resignation.Someone posted that the thicker was the coolest.It's not cool, it's sleepy, which is what the current board appear to be in their persistent ignorance.TP
theprior
09 Mar 2016
Re: News of large approval/order.... I wonder f that's the reason for the recent jump in the sp.But it's still got a long way to go to make up ground lost over the last few weeks !!TP
leperky
09 Mar 2016
News of large approval/order.... .....this courtesy of simmons on LSE....[link]
theprior
26 Feb 2016
Directors walking Even the directors have had enough. Two gone in one day, including the chairman. Coupled with the plunging share price, this cannot be good.If only the directors who are left would tell us what's going on !!TP
theprior
11 Feb 2016
Over the edge Of a cliff today for no apparent reason (apart from lots of people selling shares ! )Anybody got any ideas ?Or is there an RNS coming tomorrow telling we're going bust ????TP
