Surprised jaja, I'm completely confused. No logic whatsoever for why this is pulling back - apart from the continual dilution month after month and the poor quality newsflow. This company needs a big institutional investor on board to show the wider market this company is going somewhere.
No conceivable reason at all why JLP should be falling back with the groundwork done over the last 12 months. This stock should be on a steady climb. The poor news flow and constant dilution does nothing to instill confidence in new or institutional investors to come on board.
Hi Breezy, they say you should never look back at past investments but I did yesterday. In Jan 2011 I bought 24,000 Taylor Wimpey Shares at 34p (£8160) If I had done absolutely diddly squat and just left them untouched I would have over £48,000 in capital today and would have had 13 dividend payments totalling well over £7k. Can't tell you how sick that makes me feel today scrapping about trying to re-coup my CPP and BHR losses. I'm not prepared to go chasing rainbows elsewhere as that got me into trouble in the first place. I'm going to buy another grands worth of AFC if they fall to 10p. Other than that I'm just watching from the sidelines now. Good to hear from you, keep in touch and all the best.
Hi Breezy, welcome back and hope you had a good holiday. Not much to say really with JLP just very disappointing that after all that wait for the mining license absolutely zero value has been placed on getting it. The continuing dilution just kills any real momentum before it gets underway. Like yourself, I'm OK to just sit this one out for another year or 3. Looks like SXX are having a little run of it over the last month or so - that must be encouraging for you. RKH and AFC seem to be flatlining like JLP so my portfolio is limping along but that's all. I'm up overall but would like to see some ground made this year on recouping my overall losses. All the very best. idg69
Looks like we are going to flat line at 5-5.5p for a while now as we did at 3-3.5p during 2015-2016. Would love to see this do a SOLG over the next 12 to 18 months but not convinced it will. We can live in hope cant we?
Some interesting posts in ii today - JLP have made remarkable progress on the ground over the last 18 months but they desperately need someone back office to do all the detail figures and reporting stuff. Also someone other than CB & LC front of house to communicate to the markets. If they want to be a mid cap company they need to start behaving like one and reporting accurately and in a timely fashion to the markets. Every RNS raises more questions than they answer. Institutional investors won't look at JLP whilst their administration is so poor.
Let's see where this finishes the week before we get giddy. Looks like a a very positive RNS but as always with JLP it raises as many questions as it answers. Happy to see this one tick up consistently over the next 1-2 years if at all possible. I've been here 2 years now and happy to sit it out another 2 if necessary. Anyone who bought in the last 3 years and held tight has to happy and rightly rewarded for their patience.
Hi jaja, AFC has a lot of potential over the coming years if they can commercialise the product. It has some serious financial backers behind it (I wish JLP did) and it's in the clean energy sector which makes me feel all polar bear friendly. It's been as high as 58p back in 2015 and rose from 8p very quickly - sentiment could change quickly on this one. I also have some RKH but would like to offload those around 30p if I can.
Hi Breezy, Just dipped my toe back in with AFC at 12p. Bought 20,000 this time for the same money I got 10,000 for last time round. Cantor have a 68p target on this one for what it's worth. That's me done now for this years ISA, nothing left in the pot. Good luck my friend.
Staggered to think that JLP is only up just over half a pence after the granting of the mining license and all the recent positive news flow we have had. Other stocks have gone on to sky rocket after such news releases but not poor old Jubilee. I can only think some solid financials will demonstrate JLP have turned a corner and that might trigger a sustained rise. Would be nice to have a couple of decent institutional investors on board too instead of just private investors - that would give a clear signal to people out there. In the meantime I'll just have to sit tight.