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Fund Manager Chris Bailey talks about an opportunist 2017 for investors

Member Info for masterblaster

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Member Since: Tue, 24th Mar 2009

Number of Share Chat Posts (all time): 574
Number of Share Chat Posts (last 30 days): 20

Last Posted: Tue 07:26

Post Distribution over the last 30 days

Tue 07:26

They will be driving this down again today. No news on orders, no good news whatsoever, if they had any half decent need it would be out to push up the SP.
Tue 01:27

The first opportunity I get to oust KH I will be taking it. Enough is enough !
Mon 22:18

We all need to do something ! And soon, or KH and his merry men will have milked this company dry. I'm not after any cash return. I'm just sick of KH stealing our money. How many more years can we let this continue !!!!
We need change and now before it's too late.
Mon 13:42

Investor Ben Turney has set up a campaign targeting Bowleven (BLVN). This is what he has to say about it: “At 24p, Bowleven's market cap is £77million (c.$96million). On 31 October 2016 Bowleven's cash balance was $99million. The company retains a 20% interest in the Etinde gas field, Cameroon. Under the terms of the Etinde farm-out, Bowleven is free carried for two appraisal wells (worth up to $40million) and is due a $25million cash payment on Final Investment Decision for the project. Redcentric campaign: Bowleven has traded at a reasonable discount to its cash value and much deeper discount to its fundamental value for most of the last two years, since the Etinde farm-out was agreed. Over the last 2 financial years Bowleven's board has failed to deliver anything which has generated additional value for shareholders, but has taken out or accrued over $5.7million in fees.” This is totally unacceptable according to Ben Turney. A web site has been set up for holders—see: Editor’s Comment: one only has to look at the past financial track record of this company to see that shareholders have been poorly served over the years. Perhaps another case where a “shareholder committee” would be a good idea?
10 Jan '17

We won't have a company left if KH isn't replaced.
10 Jan '17

Personally I would back Tourney. If he can make changes for the better. As we've all seen KH is just p155ing our money away, and I've had enough of it.
9 Jan '17

Beta ! Haha a very unfortunate term to use !!!
Would that be beta as in betamax !!? Brilliant, VHS won. Hahaha
8 Jan '17

Who wrote that **** ! Golf keystone good balance sheet !!! It's up to its neck in debt, or it was the last I know.
8 Jan '17
Tracker finger ring.

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