Breezy, if you're out there, what live streams are you commenting on at the moment? I'm in with JLP and UBI at the moment and glad to say in profit on both. I'm looking to buy into Alkane and also Premier Oil this month starting with a grand on each. Let me know where you're posting and we can keep in touch. All the best and hope life is treating you well. Cheers, idg69
Good afternoon Breezy, Hope you had a good Easter Bank holiday and the sun was shining in your part of the world. I've got 2 grands worth of JLP at 1.5p and 2 grands worth of Ubisense at 98p. They are both long term plays so I'm not watching daily fluctuations. I'm also watching Alkane and Premier Oil. I'm going to put a couple of grand in each over the next month or so. I'm trying to stick to the principle of no more than 2-3k in any one stock across a portfolio of up to 15 stocks over the next 2-3 years. I will then shuffle funds around to suit. I'm not going all out on one stock ever again, I can't afford to. All the best matey, idg69
Morning Breezy, Are you still watching Jubilee Platinum? They are making some solid progress and could be turning a corner. A good RNS yesterday and some positive sentiment in the trade press. Might be one to put in the bottom drawer for a year or three. They made some bad decisions last year getting involved with Darwin, which they got burnt on, but quickly realised the error of their ways and got out. I've got a couple of grand in here and might be tempted to top up a little more. I'm also stilling watching Alkane, but the energy sector is also out of favour at the moment. Cheers idg69
Morning Breezy, I'm further north in Harrogate so won't be making the trip. My workload is picking up considerably which is needed to replenish the coffers and must focus on projects that offer some financial payback and not on those that won't. Whilst I admire what the action group are trying to achieve and I really wish them all the luck in the world, it's a David and Goliath task. I suspect all the valuable assets will have been ring fenced in legal jargonise and will get sold for a pound to some close friend of the boards. Have a great weekend. idg69
Cheers Waddid, I was always a realist when it came to BHR and I knew the risks going into this share. I have moved on now and will rebuild my portfolio and spread my risk across many stocks in differing sectors. I'm confident I'll make up my heavy losses but accept it may take 3 to 5 years of careful investing to do so. Mclhrn - with reference to the trains and the sublease, I suspect this was only covering our leasing costs and wasn't bringing in any profit. RK would have had his back against the wall on negotiating any profit out of that deal I suspect. Good luck to all BHR holders in any new ventures you pursue and I include yourself yoyo in that - no malice my friend, what is done is done - onwards and upwards I say. All the best idg69
Yoyo - I'm certainly not celebrating losing £30k and 3 years of hard earned savings. As I've said many times before, nobody wanted this company to succeed more than myself, but reality has to kick in at some point - this company was going down the tubes and going sooner rather than later has saved naive fools like me from pumping more funds to keep Karstel and his cronies in jobs. I don't want to get in to any bickering about BHR as it's not worth it. I have taken my medicine, accept that I made a blunder and will move on. Good luck in any future investments. all the best idg69
Yoyo, you are misinformed, misguided or both my friend. There was going to be dilution on a biblical proportion with the placing only open to institutional investors with nothing for private investors. RK threw the smallest of bones after the notification to say a further placing would be open to private investors, but let's be realistic, you would have had to be brain dead to even think about taking them up on that offer. This company was on it's death bed 12-18 months ago but we were lied to by the BoD and kept pumping our money in with nothing more than blind faith that it would come good. Karstel would have bought shares if he'd had any confidence that this could be turned around. Investing in a company where the CEO doesn't hold a single share is a warning in itself - we should have all taken that as a warning sign!
Cheers Breezy, I'll give it a look over and see what comes back. This time next year we'll be millionaires! Where have I heard that before? All the best idg69
Morning Breezy, been reading up on Alkane (and also Egdon Resources) they look like a good little company for future growth. Self funding, profitable and carbon positive - they are on next months list for a punt of £500 - £1000. My plan is to keep my exposure in any one company limited to no more than 2 to 3k and we'll see if this strategy is more successful. Can't really be any worse than my past efforts.
Yoyo - I understand your frustration, but Breezy is spot on. A yes vote would have diluted private investors to oblivion and only kept the company going another 6 months at best. The only people to have benefited would be the directors who could draw their salaries a little longer. I've lost over £30k on this puppy and close to £45k in total so few people wanted this to succeed more than myself and Breezy. BHR would have need massive cash injections on top of the dilution and still weren't forecast to ship coal until quarter 3 of 2016 - they would never have got there. A sad state of affairs I know, but the NO vote was the right thing to do. Equate it to putting a lame dog to sleep!