Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just playing with figures.
George took over in Jan 2019. If we take the ANGS share price in Feb 2019, it was 7.0p. If we take it today it's 0.8p.
How to turn £100 into £11.42.
There's another factor which may accelerate the company's growth at a later stage: while the share price remains as down in the dumps as it is, there can be no question of share-financed acquisitions. That will change when the share price better reflects the company's potential.
Just playing with figures:
if we take the average of management's prudential discount for Lidsey and geothermal, that reduces 100 to 15.
If we then apply the market's discount of 82%, that reduces 15 to 2.7.
How to obtain 100 for 2.7!
LS, I can guarantee you that I will no longer be holding a single ANGS share, the second my holding can be sold at 1.0p, even though that'd deliver me a c. 30% loss.
What's your average?
BV, still a smaller and thus less irritating loss, but you're absolutely right... I should have.
Don't get me wrong - the amounts involved are in no way significant, and certainly not compared to some much deeper in the mire here with whom I massively sympathise. If the SP hits 1.0p, I'm instantly out and a grand or two down - and that's fine by me.
So the company itself applies prudential discounts to its valuations of Lidsey and geothermal of, respectively, 80% and 90% and the market then adds its own discount of about another 82%: it doesn't come much cheaper than that!
Coinexpert (the month-old "new" ID that's suddenly popped up), I acknowledge that you're allergic to reality, because it clashes with your frankly clumsy attempts to push your narrative, but here's a couple of facts for you:
I've never been involved in any action group.
I hold ANGS shares and have held them for a considerable time.
But hey, you'll never let the truth get in the way of a spun story...
Never mind, my 1.0p sell trigger is going to be achieved with ease today, right? The market LOVES George and has immense belief in his PR outpourings, the company and all the predictions of the cheerleaders, right?
HITS. You should have sold up in Jan at 1.35 while you had the chance, would you have made a profit or loss at that price.
GL's presentation itself (before questions) runs for 18 mins from 1h 34.
The Lidsey valuation of £15m is after adjustment for a prudential discount of 80%, so £75m before adjustment.
The geothermal valuation of £8m is after adjustment for a prudential discount of 90%, so £80m before adjustment.
"The presentational material is available for viewing on the Company's website. "
It's not on the website..... someone didn't work the midnight shift obviously
Yup - another screwup......................
Well, I'm waiting in excited anticipation of my 1.0p "finally escape the ANGS lobsterpot with an acceptable but irritating loss" sell trigger point being hit. Can't wait...
I mean, what with all the much MUCH higher predictions that the cheerleading squad have been spamming this BB with over the last week or so (haven't seen an ASCII art rocket in a while), this has to be achieved today with ease, right? I mean that Proactive webinar from George yesterday... brimming with positivity and yet more assurances of stellar future returns... what could possibly go wrong? I mean, I'm only looking for a modest 0.2p increase on yesterday's close price to finally get out and the sudden influx of cheerleaders are all predicting the share price is going to at least quintuple within the next three or four months. So 1.0p has to be a walk in the part...
Let's see what the market makes of all this today. It tends to concentrate on the real.
They've posted a Proactive forum under Media/News on their website, but it doesn't appear to be the right one.
For those that have not seen.
https://youtu.be/u-fzU6QnVFU