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Share4,
Your posts are becoming a bit of a non-sensical ramble - it’s hard to keep up. But let me have ago at addressing some of your points.
1) 10bagger asked a couple of days ago for anyone for views on why you would invest into Albert at this point. You in the last week stated “Risk reward is insane”, “I don’t want to be out of this stock” - all after the delisting notice. You should be in a perfect place to answer this question - but you ignored it. I suspect because you really cannot back up these statements. This is really one of the primary purposes of the board - exchange of ideas.
2) I have stated that I’m not an expert and come on these boards to try to learn something new. You say this is not correct because I have “many shares”. There is no relationship between the number of shares you have and whether you are an expert - this is just non-sensical.
3) You have suggested that I have flip flopped from saying that I was a significant shareholder to having a small Investment - this is not true. You have no idea whether my investment in Albert is large or small. Thankfully it is relatively small - you may earn £2000 a month, I may earn £15,000 per month - it’s all relative.
4) You randomly brought up BIDS and its SP performance - not sure why but you comments were non-sensical.
5) ...... that’s probably enough for now.
It’s clear that we don’t agree - but I think you should at least have ago at answering question no 1.
Have a good day.
Also Tony, I would like to know how statements such as
"It is still a gamble as they will likely have to place at the end of the year,"
"It's a case of whether you want to lock your money away for potentially many years to come and forget about it."
Are "pumping" a stock?
Silvernight, in these kind of stocks I would expect to lose money perhaps 7/10 times, but I would also expect at least one of these to be very successful, I am not investing based on the zulu principle or anything/
These high risk stocks are a small part of my portfolio.
Check out the Asset Match website. My company there is Eurovestech with an indicated price now of 3.8p. It has a NAV of 11.4p and plans to sell its major holding and return cash to shareholders. However this is proving a VERY long drawnout process. Essentially m/c calcs remain the same but there are no mms to oil the wheels for quick buys and sells.
Share4. I have traded shares for 50 years and worked as a broker for a time. It astonished me that some dealers knew little about the shares they were trading. Many people here give the impression of being nothing but gamblers.The key s always to spread the risk and only invest what you can afford to write off. And of course enjoy the ride.
Let me just quote you when you came on here:
"What I meant to say previously is that I probably have more shares in this company than you"
Let me just quote you now:
"Yes I have made a small investment into Albert to dip my toe into AI "
Oh and
"No I don't consider myself a Warren Buffet"
Yeah yeah pal, come on here talk about how you have loads of shares in this company, then come on here later bitter and say you only made a small investment and that you're not some kind of Warren buffet.
I actually told you not to invest in this share cos you're clueless.
And you have the nerve to call me "disingenuous and selective".
Er Tony, you came on here and said you had a load of Albert shares bought around 30p, many more than me. Now it's a small investment?
Look back to the adgorithms board, I bought into this around 15 and profit took around 28.
As the company has said AIM is hindering them and they need investors who UNDERSTAND their business. This is exactly what I told you when you first came on here. I haven't changed my tune, either you understand early stage disruptive companies or you don't.
IMO they will have NO PROBLEM raising at a significant multiple of this share price to go forwards.
Silverknight,
Thanks for the feedback - with Asset Match, was there any Capitalization post delisting and if so how did this impact the value of your shareholding?
regards
I am invested in another delisted (Asset Match) company and it's certainly not ideal. Dealing commissions are much higher and you have to wait for auction periods to end. There may well be a last minute sell off of Albert just before delisting. Even so I'm prepared to risk a bit more as a long term bet as this should be worth much more than £2mill. Time will tell if I am right.
Share4,
Your post is disingenuous and selective:
1) I bought into BIDS when it was 7p in January, I think it was 11p when I flagged it to you - it is now 28p. Yes it is volatile and it has been into thirties and back down into the high twenties multiple times over the month or so but its still up 500% in the last 6 months - a very favourable comparison to Albert which is down over 90% in the same period.
2) Yes I have made a small investment into Albert to dip my toe into AI but I have considered it an Investment mistake for the last 4 months or so as you well know from the tone of my posts.
3) No I don't consider myself a Warren Buffet - I genuinely come onto this board and a couple of others to see if I can learn anything from fellow posters on the shares I have invested in - I have learned nothing from you and indeed have noted that you have been pumping this stock in the face of many glaring red flags (delisting, high costs, low earnings / earning growth, reverse course on building up the team - now on a cost cutting drive)
4) DYOR - thank you for that flag - bit of a statement of the obvious and no I don't take it out on everyone - its just you as you well know because your are a know it all.
5) This is your chance to show other people on the board that maybe you do know something - one of your fellow posters has asked does anyone have any reasons to be investing into Albert at this stage - my opinion is no. As you made several very bullish comments after the delisting notice - perhaps you can share your rational / basis. Do you have any basis or is it simply that you have learned to walk on your hands and talk out of the other end.
have a good weekend.
BIDS have gone from 37.5p to 28.5p in a short space of time. On current share price performance they will be below 20p by the end of the year.
They are loss making with low revenue.
You invested in Albert as well.
But you are claiming to be something of a Buffet...? Perhaps you should do your own research before investing in things instead of taking it out on everyone else when things don't go your way.
My apologies 35x as much
Tony came onto this forum to ramp a company worth 70m that loses over 3m a year and has 300k of revenue and hardly any cash.
Ironically of course he is in favour of a company worth 10x as much which makes far less revenue, has a smaller target market, product/market penetration is less advanced, and has an entire army of rampers at its disposal.
As stated by the company in their RNS there is no point to them being listed on AIM since people don't understand early stage disruptive tech companies. I agree with this, people like Tony state these facts and figures without knowing what they actually mean, if he wants to go purely on numbers he should stick to the main market, only a noob would think otherwise.
10baggerT,
Share4 should be able to offer a view on that as you may have seen he posted a couple of very bullish statements immediately after the RNS on delisting. In my view there is no compelling reason to invest - there may be a chance of a Dead Cat bounce between now and delisting but this would be a gamble.
After delisting they will obviously require a significant cash injection that you would imagine will significantly dilute any remaining share holders and that's assuming that they are able to convince investors that its a viable business. I think I'm correct in saying that they have burnt through over 60M in cash with current revenues of just over 4M and annual costs of 12m,
decided to sell today for 20% profit after a chat with my broker who didn't like them in the portfolio due to them likely being stuck for circa 3 years. Still the price is holding up nicely so someone wants them....
Hello there I’ve been doing some looking into AI/ software businesses and is there any reason to buy shares now? This is off the back of being told by someone and his colleague they can’t recall an AIM company ever delisting and relisting with the same shares available. I’d be interested to hear any reasons in favour of buying and explanations why. Although based on the phone call I’ve just had I’m not in favour of investing currently.
Many thanks
My record? You don't know my record. Again total noob thing to say.
As I said if you don't understand a stock don't invest in it. Very simple stuff and you should get out of this game if you don't understand that.
Share4,
I’m not sure what you think you understand that the market, myself and others are missing - but your record and the SP tells a different tale.
What pumping you ask - I only have to go back a couple of days and refer to your comments which I quoted below. The fact that these were made after the delisting notice is just jaw dropping - you are completely nuts or a pumper - I don’t know which.
I think you need to stop giving investment advice and i would suggest getting out of the market all together - it will save you money.
Oh - by the way - what’s a noob?
What pumping? I've posted here once every few months, mostly to tell you to dyor and not invest in this stock because you don't understand it.
You're clearly a noob, try sticking to your word and begone.
Share4,
I’m not attacking you but excessive pumping of stocks does a great disservice to boards such as this. New posters to this board should Ben aware that you have lost over 90% on your investment in Albert yet still feel fit to post stuff such as:
“The risk reward is insane”
“I cannot be out of this stock”
“Business model is way over the heads of the average AIM investor”
“I understand what I’m investing in !”
You have violated rule number 1 & 2 of Warren Buffets playbook.
It's one stock of many. I don't fall in love with stocks, I simply look at what the odds are.
No point attacking me just because you didn't do your research.
Share4,
Understanding the business model ( if indeed you do) has not helped you out much. You bought in at
20 -30p or more and it is now less than 3p and you’re calling people losers?
You committed the cardinal sin of a novice investor I.e. falling in love with a stock and ending up with a turd on the end of your nose. I suggest you wake up now and smell the coffee.
It has been fun chatting to you though and thanks for the lesson in not what to invest in.
That will give us a price based purely on supply and demand. Happy with that
The risk reward at 30p was still amazing and I'd do it again, that's because I understand what I'm investing in. There was a very good chance the market penetration could have happened quickly in which case we would have a different story. It didn't, that's the risk.
Over the long term and in a diversified portfolio with these things work out. I still believe in the business but I also recognise it is a total gamble at this stage.
I suggest you stick getting into pumped up stocks where no-one really understands the model, or go to the casino if you feel bad when things don't work out. Either way you come across like a bitter loser.
Hello there I’m not an investor currently although I’d be interested to know what happens if the shares are relisted again after a few years will they reappear to sell like nothing happened or is it a lot more hassle?
Cheers