faridameen - you can't expect a share like BHR to suddenly explode from the day you bought in. It doesn't happen that way. BHR is a very high risk share for you to have put your money into. Apart from the money coming in from the sub lease (which will be going straight back out to the train owners) BHR have no revenue stream for at least another 12 months. You need to know what you're buying into and have done your homework. You are in choppy waters my friend, you either get used to it or get out and go buy Lloyds shares. I'm not being arsey with you but you're in the AIM market and not the FTSE 100. all the best idg69
gapup - still on edge! I've been on the edge since the 27th Aug 2013! It's not good for the blood pressure or the hair colour - I looked like Alvin Stardust this time last year, I look more like Alistair Darling now and growing greyer by the day!
morning matey - hope all is well in your camp and you're feeling a little more positive about BHR.
Morning all, good to see a little more conversation going on this board. Faridameen you will need to be patient my friend, you have bought in at an enviable price and position, but it may dip a little before it moves north. Don't expect this to have meteoric day rises as it's not capable of doing that. I am a graphic designer who dabbles in the markets (not very succesfully though as I don't head my own advice). As I said yesterday I have £31k tied up in this outfit so I am desperate to see the company succeed, but it has a long way to go and further dilution is most certainly on the cards as gapup previously said, we still have a £17m shortfall after the debt facility for £20m is secured. As I said previously you need to do your homework on BHR and be fully au fait with the pitfalls as well as the potential. Happy trading my friend and good luck. I'd trade my average for yours any day of the week.
Welcome aboard. I wouldn't be nervous with 2.5m at this price. If it's any consolation I paid just shy of £15,000 for my 1st tranche of 500,000 BHR shares and my 3m have cost me just shy of £31,000 in total. Trust me when I say I am the nervous one!
BHR is not a London Mining (famous last words) somebody out there knows something for this level of trading 3 days on the bounce. People are obviously taking their positions before the dancing starts. The next trigger from .2 can only be the debt facility news.
faridameen - No problem at all. Happy to offer my take on things. Do bare in mind though that I started this journey at 2.8p in Aug 13 (now averaged down to 1.03p) so I have a different view to anyone starting out now at .18p. Anyone buying in under .2p should make some good money in the short to medium term if the debt facility news comes through. It could double in a day on that news alone, though where it will be long term is anyones guess. Good luck with whatever you decide to do.
faridameen - I cannot stress enough with BHR that you need to do your homework and fully understand the position BHR are in right now. Massive risk V moderate gain. This is not going to do a London Mining and shoot up to 3, 4 or 5 pence. I'd like to think it would with the money I've got sunk into this but the reality is it won't. The BoD have consistently delivered late and have run this share price into the ground with massive dilution over the last 12-18 months with a load more dilution to come and that's even if/when the SDF is scured and signed of for the 20m they need for the washplant upgrade. They need another 17m on top of that for operational/infrastructure requirements. Tread carefully, do your research, don't believe what the BoD say and don't put in more than you are prepared to lose. Advice over and out! If you do join this merry band, don't expect plain sailing.
Hi Breezy, in terms of that golden rule - you and me both. All my life I have been so cautious when it comes to finance, I have no idea what made may plump for this turkey and why I have stood by and put more in to average down I don't know. All I can hope for his that we pull through and see our money back. Having suffered the way we have over the last 12-14 months I'd be happy to get back to even stevens and leg it with my capital itact. If/when this does head north it will be difficult to hold back from jumping ship and then not realising any profit for our troubles -though it would be nice to have that option to worry about. When I bought in at 2.8p that equated to a market cap of around 30m. With the dilution we have had since then 30m equates to only .84p - That is some watering down. Good luck.
faridameen 14
8 What is going on with Beacon? Where would you like to start?