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Member Info for Alocasia

Member Since: Wed, 6th Jul 2011

Number of Share Chat Posts (all time): 5,264
Number of Share Chat Posts (last 30 days): 0

Last Posted: 1 May '15

1 May '15

I have submitted some myself and been met my by incompetence and indifference. There needs to be a big shake up in that regard but doubt it will happen during our investment lifetimes.

1 May '15

One of the current BOD's better RNS's but still need to get funding approved and get back trading. Then we can start crossing our fingers that this lot aren't going to shaft us the way all previous BOD's here have.

Many years ago when I first started investing on AIM I did it on the assumption that I could trust info contained in an RNS to be accurate since it was meant to be an official document supposedly regulated by the financial authorities. I believed that if the BOD told me that Trinidad was bursting to give me oil and a Texan asset was worth x it simply had to be true. I have since learned that AIM is corrupt as hell and the authorities are either toothless or don't give a sh*t. A lot of RNS's are nothing more than a wish list of what investors want to hear.

Not saying this one is but two more weeks should tell us where this is heading. It's been a long wait, so the outcome had better be worthy of our tolerance. Abrahams have, in my opinion, carefully manoeuvred this since they first set up their company specifically to invest in this nose-diving company. It will be a pleasant surprise to find out if their wish list is aligned with PI's' long enough to get us out of this intact. How long that is is anyone's guess.

GLA and have a good bank holiday weekend.
1 May '15

Not sure why anyone would want to buy the assets of a waterpark off CLP unless they also owned the business. You couldn't remove them off-site and they'd just continue to depreciate, so what would be the value? Maybe Villa wanted the assets because he has more faith in them than the business. Wonder if the assets include the land. If so, Villa may want to mortgage it. Pity he did not see fit to explain the reasoning behind his change in investment strategy. That man always seems to have something to hide. What became of the Bibop and Geosim assets? Well at least CLP is back trading so the dream of a Villa miracle goes on. Have a good bank holiday all.
1 May '15

It's 10th June and nothing happens to your shares as such. You still own them but would have to trade them on ASX.
1 May '15

Okay didn't realise they were being that specific. They seemed to imply the only reason they couldn't give the info in a Q&A was because the Nomad told them it had to be in an official RNS. We have just had an official RNS that included a section entitled "Operations - Trinidad". Not sure why it couldn't be included there. It seemed a good enough opportunity to me.

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