Think about CQCL and Intelicrypt for a second. Intelicrypt own Convertible Pref Shares in CQCL which one could arguably say is worth more than the £200k invested, call it £500k as this was before CQCL raised $50m from the Chilean Investor. (google investor). Seeing as GOS is in a high growth market with Cornerstone Governmental Clients and Police Forces and there is also the CQCL product exclusivity we are closely aligned with CQCL and there's no way that I.K being such a public figure and visionary would let his investment in Intelicrypt of 9% and associated Partnership with the Company go to nothing. It wouldn't make a jot of sense. Sure we'll get an update soon. As soon as the Certificates hit your account, it's countdown.
All in all one big let down, it could have been written by a teenager and no insightful information on the business just rambling on about the AIM listing not realising that a listing has little to do with the businesses doing well or not.
I've no objection to anyone selling: that's their decision and right. But I feel that the company should make listing decisions that are in the best interests of the majority of shareholders, not just cater for someone who wishes to sell in the short-term.
And for holders happy to hold for a few more years (+), or even just one year, a medium-term delay in relisting should not be a problem.
I've never said that I know the company will be taken over, just that it's a possibility, which for many shareholders may represent a good exit point.
I sympathise with the fact that you missed out on the buying opportunity with HOC, but as Chesy has said, how do you know that you would have actually bought when it crashed to its all-time low? You didn't post at the time that you wanted to buy then, and the chances are that you would have been worried that it would fall further. As you say, " ... its not easy to buy right at the bottom though is it?"
I think that your best approach would be to put it down to experience, and accept that many share price movements are inherently unpredictable and uncertain. And also, that while it's good to have some portfolio guidelines, they should be flexible. As Graham Taylor once said: "Never say never, never say always."
Finally, you earlier accused me of lacking balance, but that is exactly what you are displaying. For example: - You've asked who cares about the history of HOC's historic share price fall, when you've been complaing about TGL's historic share price fall (which actually ended about two years earlier than HOC's). - You excuse HOC's fall on the state of the mining sector, while making no such excuse for TGL (when as an explorer it is even more of an excuse than for HOC).
TGL directors incorporated Intelicrypt Tactical Solutions Ltd. in January, and this looks like it will be its website.
The "com" domain indicates an international nature.
The directors here are doing all the right things: minimising costs and focussing on sales, having already upgraded the business's infrastructure last year.
With a low cost base and an existing seven figure turnover, much of it recurring, it shouldn't take many new sales to start ramping up a very nice level of profitability here.
Regarding a future P/E ratio: any thoughts on a NASDAQ 'relisting' rather than AIM, in view of the company's North American links? The valuations there for these sorts of companies can be mouth-watering.
hey folks still here and still positive. anyone had their share certs sent yet? new website must be imminent http://www.intelicrypt.com/
when they re-list they will surely make it so they come back a far larger entity. With Clarity on every aspect of the business which is growing fast in one of the hottest sectors out thdre. A 15 p/E on a conservative £800k net profit would be £12m mk cap.
What story would only have just started then HH? You mean if they had re-listed? Yes, the story would have been interesting if they had actually come back to market with a set of accounts and something interesting to say, but they didnt did they. I have to admit that personally I cant see anything special here anymore, this company is not CQCL, read the write ups on the Feb meeting please, I never saw anything that could be described as a noteworthy story. Can I add that I sincerely hope that I am proved wrong longer term though.
Of course I would have sold some shares if we had come back at a premium, I keep trying to tell you that I am overweight in this share and it does not seem to register, maybe a third of my holding. Sorry but your making this share sound like its something sacred, where you are damned if you dont hold until they are taken over one day. And come on, how do you know that we will be taken over, your making it sound like theres a good chance of this happening, crystal ball?
As for HOC, well it is still trading at least, and it never went down 99% of its launch price, all of the PM sector has struggled of late, surely you know that. Can I ask you why is it that you keep coming back to HOC, all that I said was that I wanted to buy some but my Uk shares pot had no cash in it, its not complicated, nothing subliminal and I am not the sort of person to be trying to trip you up in any way, I mean who cares what the history of HOC shares is since its launch, really. And I certainly never compared HOC with TGL, chalk and cheese.
Coming back to TGL a minute, well of course you would have made a profit if you were lucky enough to have bought in after the 99% drop in the share price, its not easy to buy right at the bottom though is it? And you have to sell the shares in order to realise a profit of course. But which commandment would that be breaking then, thy shalt not sell thy TGL shares?
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