OmniChart

GBO spike501 27 Oct 2015

Re: Auditor appoinment JakNife,You're just referring to the criminal case that was thrown out - your original comment was that AA had successfully defended against all legal action, which isn't true as they settled numerous class actions.

GBO gallant02 27 Oct 2015

Re: fao Sasa Thanks Sasa, one has to try and find the funny side at times like this, proves one's insanity!I cling to the fact that "clean" Good Tech sold for $425m while honestly losing $100m pa. I admit it's wishful thinking but I maintain that we still don't know the scale of the problem so can maintain some hope, however small.I find constant listening to the below does help in circumstances such as this - I have selected it for play when people are leaving the crematorium after my funeral [link]

SNR Greyinvestor 27 Oct 2015

Margins Going through the half year results in detail, the loss of momentum does seem to be a margin effect. There is also quite a bit of CAPEX and increases in payables and receivables. It all adds up to a business that has been pushed as hard as it can be for now. The new CEO seems to be wanting to take on more debt and acquisitions, which feels dubious to me in the near term.I'd like to hear management say that they are going to settle down what they have, pay down debt so as to have water under the keel for the next acquisition, and get everything running well. There must be a bit of suspicion that this is a number of disparate businesses acting as a group. But the diversity does give scope for some winners to emerge.My sum of the parts valuation comes out at about £2.15 per share. So I don't think that todays price is too far out, but I don't think it's masively undervalued either. I'm still thinking........

GBO Bistable 27 Oct 2015

Re: Auditor appoinment as always Eagle I read with interest your many valuable posts. However, may I take you up on a point you raised that"If people like Paul Scott and a few others (inc me) could tell from a mile off that something bad was going on, why couldn't the auditors"I have gone back to June when the sp was 62p to find no comments by you apart from the last week during which time the sp has been sliding with lower highs and lows.However looking at recent posts by you I see you mention concerns you had 3 yrs ago at which time you contacted Costis with little result. So am I right you had concerns then and probably sold up and lost interest and hence little mention since until the last weekLike you and many others I am dumfounded that some tin pot American org [according to some] have uncovered all this as you did 3 yrs ago and yet neither auditors, Institutional investors with due diligence, house brokers or the many learned contributors here and on LSE were able to pick this up. This is truly scandalous that so many PI's who rely on the honesty of directors and the professionalism of auditors to deliver accurate trading reports will likely be losing thousands as the result of this fiasco. On this basis the credibility of AIM must be in jeopardy bearing in mind similar fiascos with QPP, RRL, RCG, BLNX. How on earth are we as simple PI's able to discriminate the scams from the true ethical growth companies. It seems we have to conduct our own private investigations on the BOD and in that regard I guess QPP now seems to have a chance.

UJO Joeby 27 Oct 2015

What's going on its very quiet

GBO JakNife 27 Oct 2015

Re: Auditor appoinment eagle51,"If people like Paul Scott and a few others (inc me) could tell from a mile off that something bad was going on, why couldn't the auditors, who had all the means to find out and check whatever they wanted."FWIW, likewise I noted the issues in various places myself and was happily short. But for every short there were many others who believed the explanations. Right up until Monday morning there were posters on ADVFN writing to the FT to complain about their "biased" article from last week. Forum bought heavily only a few weeks ago and apparently after having done extensive due diligence. To repeat: "pig and pork" is extremely difficult to detect, it involves deliberate concealment of the related parties. If you think that you would have been able to detect it then perhaps you should provide a training course for the industry?So once again: I very confidently predict that legal action against Grant Thornton will ultimately prove futile. Feel free to get in touch and congratulate me on my prediction in three/four years' time. In the meantime though, I will leave you to refresh your memory on what *actually* happened at AA.regards,JakNife

CHG lambrini girl 27 Oct 2015

Re: Afternoon all Lambrini Girl WRONG what do you think of Stobart?<<<I wouldnt be a seller just yet..and I wouldnt buy untill 80p..

CHG lambrini girl 27 Oct 2015

Re: Afternoon all Key question is LG, are your little BOTS (no rudeness implied here) telling us it's time to buy?<<<yes games..my sell targets become buys once hit..

GBO JakNife 27 Oct 2015

Re: Auditor appoinment eagle51,I'm not sure where you're coming from. I'm afraid that your attempted correction of my comments re AA is factually incorrect. Here's the Wiki if you want to refresh your memory:[link] in particular:"............ The verdict was subsequently overturned by the Supreme Court of the United States. The damage to its reputation, however, has prevented it from returning as a viable business, though it still nominally exists."warmest regards,JakNife

BP 1Derrick 27 Oct 2015

BP Q3-2015 Profit Slumps 40% "BP reported a 40% YoY fall in Q3-2015 underlying replacement cost (RC) profit to $1.82 billion, hurt by reduced profits from upstream operations." More on [link]

GBO sasa43 27 Oct 2015

Re: fao Sasa Whilst I generally agree your points, gallant, my reaction to this sort of revelation, though, is that initial salvage hopes all too often prove illusory, especially where determined deception is shown to have been going on for quite a while and that's my fear here.I particularly agree with eagle's disdain over EBITDA usage where it is claimed that better growth progression can be gauged in lieu of the now deemed 'old fashioned' p/e, as it can too readily be abused to hide numerous shortcomings.As limited as the earnings multiple is, perhaps, in gauging eps progression, it does display, nevertheless, that which could be genuinely available for distribution by way of dividends should such be intended by the BoD at any point.Your last sentence made me laugh, I must say, which was a welcome respite from all the current gloom....sasa.

ULT wulwirth 27 Oct 2015

Re: silent plot Data gone, bod happy with board death.....advfn premium boards will continue' while new company formation continues, off back of pi's dosh.... Put it another way, JS return to profit convinced pi's to invest more, false delist threat killed the sp..... Bod used the money to stretch it out this year, until their final plot action, this month...

INTQ nk1999 27 Oct 2015

Re: Statement from company RNS out now. Many thanks bradders: ========== ========== "INTERNETQ27 Oct 2015 14:19:57InternetQ plc27 October 2015 For immediate releaseINTERNETQ PLC('InternetQ', the 'Group' or the 'Company')Statement regarding share price movementInternetQ plc (LSE-AIM: INTQ), a leading provider of mobile marketing and digital entertainment solutions for mobile network operators and brands, notes the recent share price movement and the Board would like to advise the market that it is not aware of any undisclosed reason for this decline.Trading remains in line with guidance as outlined in the interim results announced on 30 September 2015 and the Group is on track to achieve FY2015 market expectations. InternetQ is committed to its vision to lead and grow in the fast-paced technology space by seizing the opportunities ahead.ENDS"

MIRL zombynation 27 Oct 2015

Remove current BOD MORE Minera IRL (MIRL LN) SUSPENDED – VOTE FOR EGM resolution to replace directors of Minera IRL• It is rare that as analyst we offer advice on the voting of EGM resolutions. It is even rarer that we should offer this advice so publicly.• We have considered statements made by the company Minera IRL (London) and Minera IRL SA (Peru) a subsidiary of Minera IRL in London. • Minera IRL SA (Peru) are proposing to replace the board of Minera IRL (London) with a set of new directors – we agree with their strategy and with believe this is in shareholders’ best interests.• A former ceo, Daryl Hodges, was recently ousted in a shareholder vote – we believe shareholders cast their votes correctly in this move.• Minera IRL (London) are trying to sack Diego Benavides, a founder of the company alongside the late Courtney Chamberlain.• The board are going through a legal process in Peru to sack Mr Benavides on undisclosed evidence from a ‘whistle-blowers’ hotline in Peru – we believe this is the wrong thing to do as we see Diego Benavides as a dedicated, loyal and critically important character in the running of the mining operation in Peru and important in terms of community relations.• We see the Corihuarmi gold mine and Ollachea gold project as valuable assets which the company should maintain and progress. • We do not see the actions of the Minera IRL (London) board as indicating the best strategy for building shareholder value.• We suspect the board may be happy to allow the default and closure of the Corihuarmi gold mine and the potential sale of the Ollachea gold project which we do not see as being in shareholders’ best interests. • We view the posting of the ‘Notice of EGM and Posting of Circular’ in an RNS on Friday afternoon in the UK at 2.30pm as designed for investors to miss this announcement.• We see the holding of the EGM in Toronto as being contrary to the interests of many UK based shareholders who might wish the EGM to take place in London.• Votes must be cast and received by Computershare in Jersey by 24 November for UK shareholders.• Minera IRL (London) has published information in Friday’s circular in an attempt to discredit Mr Lema and Mr Jorge Ramos who are proposed as directors of Minera IRL (London) board.Conclusion: We believe Minera IRL shareholders should support Diego Benavides and the new proposed directors in the EGM vote to reconstitute the board.

ALK dabba 27 Oct 2015

Re: R.I.P. Alkane Energy Couldn't agree more, the state of energy supply, the SP and profits were only going one way. Will be interesting if BB are also eyeing up Egdon? Any thoughts ? Last day of trading likely to be tomorrow, so any counter offer unlikely now.