The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Yes,
Pretty much my experience too. Seems that these days unless you are prepared (and able) to "short"... then there is definitely no point in investing long term - as 99% of companies simply dilute your holding into oblivion. Even as a short term trader... you need to have inside info to avoid the pitfall of a good news spike being rapidly followed by warrant exercise - or placing - and the MM's pulling the rug out from under your feet before you can exit with your meager profit!
Most people I know, and speak to, view AIM companies as un-investable these days and companies like "Angus" are a prime example of just how dire and untrustworthy the AIM investment story is!
Anyone "still" prepared to invest here would undoubtedly have better luck on a roulette table! :-(
couldn't agree more gkb47.
It's very very hard to be positive here - I've ridden this down from the float to 0.8p
The naysayers have been 100% correct all the time and if you want to see villainy & stupidity on a vast scale go back 6, 12, 18 months and read some of the "positive" posts. The latest screw-up is just another proof that the management don't know what they're doing but are happy to take a salary every month.
All stock markets are casinos but AIM is simply a haunt of con-men and crooks on a vast scale. In 10 /20 years they'll make movie about it and people will ask"how did the punters not see what was happening?"
UKOG: 80 posts
ANGS: 143 posts
UJO: 167 posts
IM not sure about continuing to be wrong ad infinitum Ocelot, but I’d not go as far as ever being positive on this pile of ****.
So those who were positive on ANGS in the past and got it wrong will continue to get it wrong?
Yanis
If success breeds success, then failure breeds ........failure.
York/ this share will rocket in January"LOL
Lol, maybe I should have listened regarding ANGS, but I have other investments you know. Only in this for £5k. Have large derisked positions in BMN, ORR, MATD, KP2, CLON as well as sizeable positions in EUA, MNRG, further top ups in CLON, ORR, BMN, work shares in CNA (ahem) and a small fund ready for opportunities that arise.
It’s not that I’m questioning your knowledge Ja51, it’s the motives that are of interest. 100s of posts on 1 company you’ve hated since your first post, no other shares you seem to be interested in, or at least post on. Doesn’t anyone else find that strange?
By the way Iccy....
Never dodged a question and my history gives you all the info regarding my reasons for my "relationship" with the company and the constant battles with the unscrupulous pump and dumpers that come and go.
Have a good weekend.
Icurus.
As in your namesake, you should have listened to those more inciteful than yourself my son!....Just call me Dedalus from now on!
Spotlightnow............see you monday with watever new name you have come up with....lol
Icarus: "I’ve always had my suspicions on Ja51. Never had a good thing to say on ANGS ( "EVEN THOUGH PROVEN RIGHT)"?"
Just "slowly" read back your post Icarus and you will see that it makes NO sense whatsoever! Why have a beef with someone who was proven to be right all along?
If any of us (myself included) had taken his advice way back... we would all be in a lot healthier financial situation. If I have learnt anything on AIM it is this:
The "naysayers" usually have their feet on the ground and are usually proven to be more often RIGHT than wrong... whereas the ""cheerleaders" are virtually always proven to be blindly optimistic and invariably become invisible once the truth emerges!
YL ;-)
Neon, thanks for the good luck wishes. I need them.
Unfortunately, I am still holding my Angus shares and down well in excess of £70k. I need the SP to double ... then double again ... and double again ...
That is an 8-bagger from here :(
I need plenty of good luck.
Yanis2005
No worries bud, ANGS is none of my business now but I was just curious! ;)
I wish everybody to recover their losses.
GL
I’ve always had my suspicions on Ja51. Never had a good thing to say on ANGS ( even though proven right, why be here for over a year when there’s been times of optimism, yet slate the company non sto). Swerves the difficult questions when asked, never admitted to owning shares despite being asked many times. Gotcha got me thinking that’s true, and Ja51 does seem to be either be ridiculously researched for a non holder or be in the know through having a relationship to/someone in ANGS. Can’t put my finger on it just yet, but my radar has always been activated when he posted, and just let it go when I put these in the bottom drawer, but there’s more to him than he’s letting on. Of that I have no doubt.
Neon, you need to read a few more of JA’s posts, he has not been promoting Angus. JA has been posting in his usual factual way and haven’t seen a single post from JA prompting Angus yet.
Ja51
lol
Like they say, "what goes around comes around"
lol
Anyway, I wish you all the best with your investment(s)
Regards
neon
Sorry you have lost me neon?........... Promoting??
I wouldn't promote this shower....Not sure how you came to this conclusion?
Ja51
"Don't you think there are better things to discuss????............. Why are all these posters appearing asking my motivation all of a sudden???"
Not at the moment, NO! You used to post negative messages 24/7, questioning everything, everyday again, 24/7! You wanted people to sell out and save themselves from this rubbish company. And all of a sudden you are promoting ANGS?
Newbies might overlook your involvement and posts but those who lost a fortune here can't, myself included!
So what all of a sudden made you think ANGS is OK and a good company to buy in?
I'm very curious to know!
:D
Sorry, Ocelot........I was painting my nails and scratched my beard thinking about what you said!
You're probably right.....lol
It goes back to Gottcha's 2 posts of yesterday, Ja51, when you claimed to be Veronica, a lady in a man's body (although, speaking for myself, I wasn't entirely convinced).
JA, we are not going to know the Balcombe flow rates until they test it, not likely to be very high though.
The kinms at Horse Hill produce from a vertical well circa 350 bopd and a horizontal well is expected to produce a lot more than that.
But as we know from Brockham we cannot draw a parallel from Horse Hill to Balcombe. So we will see how much when testing starts. We do know however that there is oil at Balcombe.
ja51
Have you bought ANGS? When? How? Why? I thought you hated ANGS and wanted it to go down!?!
neon
YL
It was confirmed Angus share is 25% of the 300 in the investor questions answer.
Furthermore we produced a considerable amount of oil during the previous test, some 100 barrels. This figure is not to be confused with our conservative target of 300 barrels per day (or gross revenues of c. £5 million of which our share is 25%). The original vertical Balcombe 1 well on the same site was tested in the late 1980s and produced only oil on test. This is why we are much more confident about Balcombe especially as it is much closer to the centre of the basin than Horse Hill and therefore is more mature for the generation of oil.
Ja51...
I seem to recall our "very own" Hollis mentioning in an interview a more conservative 300 barrels per day... but failing to clarify if this was the total figure from which Cudradrilla take the lion's share?
LOL ;-)