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Started: Magnet8, 13 May 2024 15:13
Last post: Kiwitwo, 18 May 2024 15:44
Don’t forget shareholders have been ******* as well.
Seems there’s not going to be a ARA for 2023. Wonder what the highlights would have been:
Total fundraising since MR became Chair in 2016; $50m
Coalswitch produced: 0
Other operations/achievements: 0
Value of company: $0m
So if "It remains the Board's belief that CoalSwitchÒ has the potential to become a market leading, next generation renewable biomass fuel that can transform current coal consumers including coal fired power stations, heavy industries and its use can be extended toward the existing biomass industry and its current dependence on the use of white pellet fuel resources."
How could it possibly be true to say that
the BoD " believes that it will have no option but to consider a members voluntary liquidation, in order to return capital, if possible to shareholders."
None of it made sense. I’m assuming 1.1m went into paying down creditors debt. The fact the company is talking voluntary wind up, it cannot carry any debt. I guess at this point, they cannot mislead people, as no one knows how this is going to pan out. Although I’d still rather lose money here than support the mass burning of plastic as an answer to the problem
In a RNS made on March 6th Rowan announced AEG had received the $1.65m repayment from Player Design as settlement for yet another failed business partnership.
In today's RNS we are told absolutely nothing has been achieved in the last 2 months other than Rowan spending over $1.1m of our rapidly depleting shareholders funds and he may now not be able to produce accounts for year ending 2023 because there's only $500k left in the bank. That's some eye watering cash burn and I'm sure there are plenty of accountants capable of knocking up a trading statement for 2023 especially for a company with zero sales.
He does however finally confirm AEG's ownership to 4.1% of Alpha Prospects shares which seems to have been kept very much out of public eyes but presents a low valuation to its worth.
At the very same time Rowan was getting his fingers on the Player Design repayment Alpha Prospects placed 40 million shares at 12.5p to secure yet another licencing agreement for the STRIKE Foundation revolutionary emission reduction technology therefore increasing its market worth.
Surly knowing you need to liquidate your position in this exciting technology any good CEO would want to talk the value of this investment up or at least value it at the last very recent placement price. So how can our supposedly illustrious leader believe it's value to be approximately a third of that at 3.4p?
As Rowan reign comes to same disastrous ending at yet another AIM listed PLC you must wonder if it was either his capabilities or his true intentions at fault.
https://www.alpha-prospects.com/latest-news
If you double £100. What can you buy with it. Nothing. Pound is valueless now a days As everything is gone very expensive
I'm not sure, it's likely that the accounts won't be finished because of going concern risk (hence the suspension from AIM) and it'll be a fire-sale of the patent in an effort to pay creditors, there'll likely be nothing left for investors, I'm staying out.
Might be worth investing £100 on the hope I might double my money.
Started: petroinvestor, 22 Apr 2024 08:54
Last post: Blue1234, 13 May 2024 13:24
Of course it comes from waste wood mate. There will always be wood waste, as humans need trees to capture carbon, and produce oxygens, and they need to manage them to ensure survival by making room for the young and keeping disease at bay.
Yes, I am smart. Smart enough not to go around proposing further pollution by burning more toxic 💩. 🤣. Honestly 🤦🏻♀️.
@blue - well aren't we a smart@rse? if you knew much about renewable biomass generation then you'd know that far more of the material comes form waste wood (sawdust) from logging / timber production (definitely not old, sickly trees) or from short rotation coppice like willow or poplar, because it grows back quickly and can generally be harvested every 3 years.
it's always good to quickly spot the rampant ******* on the board, so i know who to filter out in order to have a grown up conversation rather than with some @utistic bedwetter.
Who knew burning plastic (which is a derivative of oil a non-renewable source of energy) could produce energy 🤦🏻♀️.
However, the planet needs trees, and needs humans to manage said forests by removing the sick, the weak and the old, to keep forests healthy, and free from natural disasters like forest fires. Which makes coalswitch an actual renewable source of green energy 🤦🏻♀️
Hey all - I'm going through the list of AIM Alternative Energy companies (it's my sector of experience) and wanted to see if there was anything interesting / potentially useful - this one looks bloody horrific to be honest. I don't see me investing at any point soon, but I'm genuinely interested to hear from those who know it best. From what I can tell this CoalSwitch stuff looks like biomass based charcoal pellets, so in theory it's a competitor for N+P's SubCoal, which unlike CoalSwitch, is made up of general non-recyclable waste (a lot of it is plastic).
This is being pumped by the usual pump-and-dump crews via Twitter aka X. Stay away, or you will be left holding the bag!
Started: Disruptor1664, 13 May 2024 09:24
Last post: mannnan, 13 May 2024 11:41
What is this?
It was posted earlier. So come on, own up. Who got pumped and dumped earlier on?
Who is left holding little baby timmy?
Started: petroinvestor, 9 Apr 2024 08:13
Last post: LTHcine, 21 Apr 2024 19:41
So £160k mcap? 🤣 cant see it myself
This will be the area of buying.
Last post: Janoz316, 11 Apr 2024 14:21
50 million in and the output is 2% of that. Look at the '2 million' in that other company. They cannot write an RNS in English. Look at the names.
That tech process is not proven. Its almost like they know they cannot scale it
Something never made sense about that air permit back in Lumberton. Its like they did it well..
Hard to say. Patents are dependent on production. Funny if Tyler bought it and got AEG shareholders to pay for it.
Started: itisagame, 10 Apr 2024 19:41
Last post: itisagame, 10 Apr 2024 19:41
Anyone else selling low 0.30s… Asking for a friend lol
Looking forward to seeing how much cash they actually have after liabilities/ wind down of existing assets, I think people may be surprised, should be more than current mcap if so the road to a 1p shell should be simple.
Even if it’s little cash left there’s £50m of retained losses which may / may not be valuable to an RTO target.
Didn’t want to buy again but talked myself in to here again, rude not to after the 300% day last time
Good Luck…
Started: Blue1234, 9 Apr 2024 10:26
Last post: RBanker, 10 Apr 2024 12:23
I have complete sympathy with your point BioE. I said for a long time that Rowan had no interest in anything but selling the patent. To me it was a clear as a bell and I said so at the time.
Don't forget how late in the day it was that he announced that he had run a company that has gone bust and then only because it was an AIM Rule requirement. Ditto Aitken who had helped to run more than one company that went bankrupt and had to make at least two AIM Rule 17 statements. Soon they can add another company that they have been involved with has gone bankrupt. Coincidence, bad luck? No chance to my mind. They knew what they were doing from day one. Look at the remuneration packages for failure after no action after failure after no action little earner - eh Tommy Boy?
Anyone seen Michael 'Tommy Boy' Rowan's apologists on here since the news of their erstwhile leader's failure?
Looks like Aladinsane and Seattle they were nothing more than we thought - a pair (actually the same person in all probable truth) of paid ramping guard dogs for Tommy Boy. Remember when Seattle told this very board about a so called 'delivery' of coalswitch a whole weekend before the initial announcement. He never did explain how he had inside information. It was the same Seattle who, on this board, asked people to send him questions to pass on to Tommy Boy Rowan at an AGM.
Having inside information, asking for questions to pass on to the Board - hardly the actions of a private punter on here is it?
What if one of them was Rowan himself? That would be the height of saddo, but nothing is beyound Rowan - take a browse at the RNSs for the past years and see how much of it could not have been true at any stage.
Like you Bio, Rowan and his Board of Directors make me sick. Every last one of them.
Bear in mind that Michael Rowan is a crook who will bleed the coffers dry as long as he can.
Let's not forget he went behind the shareholders backs and handed over $1m to Player, after informing the markets through official RNS that Player would finance the plant entirely.
Michael Rowan should be in prison for fraud!
His goal is not to get as much return for the shareholders.
Thank you for the information.
Yes, you will get something. Ignore the nay sayers. An offer will come in and it will go to shareholders.
2 things can happen. The last one gave out a dividend. Now in the process of a reverse takeover.
It CANNOT do what that other dude said. If it fell to administration, which it won’t, it would still have to be sold for market value then money shared out to creditors, including shareholders
If no dividend is given, it will remain a cash asset. Therefore your shares will be worth whatever that is!
Good luck!
I do realise this is AIM I have made money on this share in the past,made mistake of reinvesting profits .
Started: petroinvestor, 9 Apr 2024 08:53
Last post: Latino, 9 Apr 2024 10:08
Think we get all that, it’s just your extreme deramping!
The company lacks the funding to commercialize CoalSwitchÒ on its own and the future is uncertain.
Whether a suitable buyer emerges for the CoalSwitchÒ assets remains to be seen.
There's no guarantee of a sale ()()
Investors should be aware of increased risk and the potential for Active Energy to change its business model significantly.
Fact is this is recovering, and you are incorrect on spread! 0.4 to buy 0.35 to sell…Keep it real!
This will drop below 0.10 in next couple of days. 40% spread now to sell
Started: wwal17, 9 Apr 2024 07:38
Last post: Magnet8, 9 Apr 2024 08:18
It's going to be interesting to see what value these so called patents and trademarks are really worth so the market now gets to decide.
Rowan has constantly tried to spin their value as immense but after 8 years of his leadership he still can't produce enough product to conduct a properly controlled test at a commercial coal power plant.
Everyone should keep a very close eye on the shares AEG owns in Alpha Prospects. They've recently released some very interesting news about license ownership to a revolutionary technology which is starting to get traction in the renewable energy world. During a recent placement in March they raised at 12.5p per share which would make AEG's holding worth over £2.5 million. In-depth testing is currently taking place by world experts which are delivering above expected results so this valuation will be rising rapidly very soon.
https://www.alpha-prospects.com/shareholder-information
My worry is will this be yet another asset which suddenly magically disappears like many others have under Rowan's disastrous leadership???
Any idea how much coalswitch could sell for?
Started: davey50, 21 Mar 2024 10:05
Last post: davey50, 9 Apr 2024 08:11
I do not think there was many actually holding still, as normal 99% of those chasing the spike all sold out the following week. Not my fault this market is full of idiots who only want stocks when they are up 100%+, totally the opposite of the way I would trade and every trader with no impatience that gets wiped out is good news for this market as I'm sick of people that buy and sell within a hour for little or no gain
Petro. I'm the pump and dumper ? I'm not posting 20-30 times a day this is going to 6p like discodog and the other rampers were. It was always high risk and the stock did over 200% on spike when you were deramping away,. And I was the onlu poster to disclose my trades as normal. You can carry on your obsession with me I could not give a feck
Oh dear davey50, how many stocks you P&D and the newbies left holding the baby?
Beware of people who give you stock tips with random price targets. They are likely pump-and-dumpers who are trying to offload their shares at a higher price. Newbies often fall for this scam and end up losing money.
You have to get the stock at it's weakest points and then sell on the spikes when everybody wants them.
I sold 1.25p high on the spike and have just bought back 400k at 0.55p, I have bought back higher though and sold at lower prices on the way up but all profit.
Seems like a good level to take a chance again
Started: petroinvestor, 9 Apr 2024 07:09
Last post: petroinvestor, 9 Apr 2024 07:09
The company lacks the funding to commercialize CoalSwitchÒ on its own and the future is uncertain.
Whether a suitable buyer emerges for the CoalSwitchÒ assets remains to be seen.
There's no guarantee of a sale ()()
Investors should be aware of increased risk and the potential for Active Energy to change its business model significantly.
Started: Magnet8, 26 Mar 2024 11:04
Last post: roger65, 3 Apr 2024 15:12
Yeah pretty sure now that this is going in only one direction. Shame but Rowan hasn't got a scooby. That's why he's got so many people around him to try and hold his hand and tell him everything's going to be ok - when they know full well it isn't.
Swings and aroundabouts kiwitwo.
Roughly the same amount being sold/bought each day but the sp is slowly but surely sinking. It's just yet another AIM rotten egg.
Lucky8s - I've used the same approach a dozen times with numerous AIM companies and guess what...every single one ended up dropping to almost zero or going into admin. AEG is heading the same way.
there are 7 or 8 Directors here all taking a monthly salary, not to mention the other staff on the pay role and their income is negligible to zero. Mcap of £700k? There will either be a huge placing here in the next couple of weeks or it goes into admin - or is sold but I don't think anyone is interested.
If the sp suddenly starts to come to life then you can be sure someone is forward selling so don't be tempted to jump on board a train that is going down a blind alley.
Someone buying nearly 3k this morning thinks something will happen.
Hopefully news soon - what news exactly might you be expecting then?
As for the potential partner, they've apparently been in discussions for nearly a year. Come on, surely people don't now think it's going to happen do they? Lol
I’m slowly topping up and averaging down , hopefully news soon , if not I’ll keep on topping up.
Started: Justice2u, 26 Mar 2024 09:26
Last post: Janoz316, 26 Mar 2024 10:29
Hopefully news soon
Started: Janoz316, 21 Mar 2024 11:17
Last post: Kiwitwo, 24 Mar 2024 10:50
Been waiting since 2018 for shares to recover,don’t think shares will be still around in 2030, but live in hope it might recover.
Aggh is this stock ever going to recover?
Anyone remember this?
Awards under the Company's Long-Term Incentive Plan July 2023
Seems like a bit of a joke now looking back on it.
I am guessing we hear about this shortly. It seems they have been in talks with Omega Thermal Solutions since the new management came on board last summer. As others have mentioned this looks like coalswitch 3 as set out in the interims. They also mentioned Vietnam so maybe some news about that.Lets see.
Started: Flogit123, 19 Mar 2024 11:40
Last post: Blue1234, 20 Mar 2024 22:14
Biomass has a market worth over 100 billion and projected to be worth over 200 billion by 2030.
Ohhhh Christ, it's biomass, turn farts into nuclear, renewable energy bullshyte....
You're on your own kids!!
'I think we need a supperpumper to really get going again'...hello....did I hear my name?
I need a new trade....whats the craic here then?
I think we need a supperpumper to really get going again… lol
Or more good news from the company - which ever comes first….
Could that (300 % ) share be he1 which today is still dropping ?
May be 1p before production report
Closed in the top 5 risers today great to see today.........not a bad day today with 20 percent up.....i have another one that may do 300 percent very soon ......I blame petro for the recent 50 percent fall in price with his deramping.....hopefully will now start to recover
Started: Flogit123, 19 Mar 2024 08:20
Last post: davey50, 19 Mar 2024 10:33
2.2 mil delayed buy 0.6p did the job and took the size out of the market
Market makers are taking the mick. NT at 0.6p earlier on no trade, they are awash with shares, 600k uncrossed in auction at 0.5p I bet that was one of them too, this is what they do, buy it all up as people sell lower and lower and then spike it and offload it all for a huge profit. I'm just miffed I never got a slice at 0.55p will not pay 0.62p+ to line their pockets but of course I still hold stock from way higher but do not pander to their games and greed
Looks too low considering their recent receipt of $1.65m…. Small top up for me but if the SP starts to regain some ground I might buy more…. Confidence is a wonderful thing… Gla
Started: roger65, 14 Mar 2024 14:06
Last post: davey50, 18 Mar 2024 16:14
It's the market Roger, stocks spike and everybody piles in and then they go dead and everybody piles out they drift and drift and most trades are sales and then bang out of nowhere they spike again. People are selling at 0.55p yet the same people were probably happy to buy at 1.2p+ a few weeks ago.
I'm not selling it's well past the point of that now, but I'm watching when to buy the next lot. 1 mm left at 0.55p so heading lower first
Anyone else think this is a goner? Directors will just take the rest of the cash out in monthly salaries whilst they...continue to examine the most expedient ways to commence CoalSwitch® fuel production, using its proprietary technologies, and will provide an update to shareholders at the earliest opportunity
Next RNS will be in about 3 months to say 'the Board have not found any potential partners....' Trading will be suspended and then eventually wound up or just becomes a cash shell. Absolutely typical AIM charlatans in charge. What a waste.
And thar she blows.... Another AIM winner.
Justice2u - ‘ but it's not going down anymore.’
Think you might be eating these ill timed words today if current selling persists. BOD fine AWOL.
How many months will the cash last with all the salaries they have to pay with so many directors currently on board? Can see this going t.ts up in 6 months time and not a word from the CEO.
I don't want to buy any more at any price! I'd like to sell and try to recover my losses. Need it to get back to 1.3p before I do anything.
Experienced Leadership Team? Really??
Started: Magnet8, 6 Mar 2024 09:22
Last post: roger65, 14 Mar 2024 11:24
Another £7k dumped this morning.
Superda, what are you on? I need some of it, especially when looking in on AEG car crash
RSI back on 14, this will fly again soon !
Remember this was 7.50 not that long ago. GLA
Future CoalSwitch® production.
Since September 2023, Active Energy has focused on improvements to both CoalSwitch® fuel and the production processes utilizing the new executive management team based in the US. At the Interim Results, the Company announced a working partnership with Omega Thermal Solutions Group LLC, based in the US, to develop a new manufacturing process and create variants of CoalSwitch® fuel focusing on a torrefaction production process. The improved fuel performance metrics, such as higher fixed carbon content allows these biocarbon fuels to participate in the growth markets such as soil amendments, air filtration, ferro silicon and the metallurgical steel industries. This product development is opening new revenue opportunities for CoalSwitch®. From RNS dated 05/03/24.
Check the link below, good read
https://www.sciencedirect.com/science/article/pii/S2589014X24000124?dgcid=rss_sd_all
Omega, AEG's New Technology Partner.
Check the link below, looks like work already in progress. Expect announcement anytime ! GLA 🚀🚀🚀
https://www.linkedin.com/posts/omega-thermal-solutions-group_omega-is-processing-pelleted-biomass-for-activity-7166068113321533441-Gcop
Thanks BioEnergy. I remember that announcement for a 3.0 Coalswitch version and the mention of utilizing torrefacation technology but when you analyse the offerings on AEG's website it clearly promotes their current production process is "Born from STEAM EXPLOSION technology". The supposed highly valued portfolio of protective patents are also promoted to help give investors peace of mind before investing in this opportunity.
If Rowan has again hit yet another major road block bringing the Coalswitch process to market surly he would need to make a full disclosure before running off to play with a completely different technology and hoping nobody spotted the switch. Leaving vital equipment for steam exploding biomass at Player Design which cost millions to design and years to build sounds like a very stupid plan but I think we've now come to expect Rowan is blessed with possessing an excessive amount of this unfortunate skill.
The newly announced working partnership with Omega Thermal Solutions Group might sound like a great idea but their website confirms they specialize in fuels derived from using Pyrolysis and not Steam Explosion. Surly if Omega was intending to rapidly expand their portfolio to quickly help AEG fulfill on the promises made to it's shareholders as per https://aegplc.com/future-technologies/ they would need the equipment (with a book value on June 2023 of $2.5 million) which Rowan has now decided to abandon.
Last week we saw an incredible 350 million plus shares changing hands which is over twice what is in current circulation. Many of these would have been snapped up by new investors who would have looked at the AEG's website displaying the opportunity to invest in an unique revolutionary Steam Exploded and patent protected fuel. I just hope this still is the route Rowan intends to lead the company because if those website details are wrong it could open a whole new Pandora's box of problems.
Started: Justice2u, 12 Mar 2024 10:51
Last post: Justice2u, 12 Mar 2024 10:51
Seems like it's not going down anymore as market is expecting a production news soon.
Roger
This is the market now, a 100% ponzi where people pile into spikes and then no matter what the news 99% of the chasers all sell out in the next 5 trading days, down to a trickle now of sellers with others taking advantage to buy a few. 0.63-0.65p is more than a fair price ahead of next news, just got to make sure we all sell the spike this time when all the chasers arrive when it's 50% up next....remember day traders do not care about fundamentals, if they are not flying up they will not touch, does not matter if it's a £1 mil market cap with £1 mil cash or £10 mil cash they still will not touch it if it's dead of drifting.
What's clear is that there are games being played here.
Only last week AEG received a payment of $1.65m (about £1.25m and yet the mcap is at £1m as of today.
Will the Directors come out with news soon or just empty the coffers and let it go into admin? Or is there a more interesting plan afoot? Usual AIM gamble.
It will be interesting to see what they do with the new partner. It's not clear at the moment.
Started: Discodog, 8 Mar 2024 13:53
Last post: Builder12, 11 Mar 2024 10:54
Imagine buying this at 1.3p+ last week and currently being over 50% down davey50. This isn't "another tree shake" - you are talking nonsense.
Bound to work for the mm's because hot money cannot stay in cold stocks so they will all sell up today which creates a buy opp for anybody wanting back in. Imagine selling this at 1.3p+ last week and getting the opp to buyback so quickly at 0.6p
Looks like another shake coming on low volume as more small traders chasing the spike last week take huge % losses.
Disco trying to recoup his cash from his abysmal 2.20 buy over on HE1...says he makes thousands, oh yes he does...😂🤣😂🤣🤡🤡🤡🤡 deramping to get in cheaper here as he is desperate to recover his losses elsewhere. Scumdog more like.
Https://www.lse.co.uk/profiles/discodog/?page=5
read all the AEG ramps from discodog, 2p soon 3p soon 6p soon...now at 0.65p bid he is deramping it what a charmer
Last post: Janoz316, 11 Mar 2024 10:16
Someone asked me. No I am not shorting. Just explaining something about the background to the process they are trying to achieve. Just an opinion. Its often messy here you have to read between the lines on the info they release.
Janoz. So you think it’s finished then? Directors take monthly salary cheques until the cash runs out?
You could get a majority stake in this business for about 100k 1 week ago. You see the CEO buying stock?
If they could prove this up at scale...they would have. They can't. It is a nice shell company.
It is a great idea but they cannot scale up the tech process. The patents are on the process. Tyler knows it will be hard to scale up. He clearly could have bought this company..he didn't.
The fact Rowan is still here will tell you a lot. The fact they didn't get bought out with private equity also. This is discount to in hand. If it worked, it wouldn't be valued like this. They will shell this into something else. My opinion and I accept that I might be wrong.