The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I wouldnt bother with Linton. I had my suspicions from their occasional posting on the ODX board and can see exactly the same behaviour here. A waste of space.
Best of luck with your investments
You silly little boy.
Talking about oil drilling is not illegal.
Forward what you like small man.
Toodlepip!
So not content with sending lies to a group of investors where you stated P1 was a success - you now profess to think you know what my investment strategy was…. Lol
I did warn you and your actions are being forwarded on. I doubt any action will be taken so I’ll be here to remind you of the private messages you sent to investors that ensures that your credibility will forever be shot to pieces… such is the liar you are.
And that Linters is a fact….
Anyone for scrambled Egg? Lol.
He didn’t have the insight to cut his losses and now feels angry he has lost all his money.
Never mind eggy.
Toodlepip!
:-)
Or better yet take a look at this profile
https://www.lse.co.uk/profiles/starchild/
Then look at his posts for the last god knows how long they all go the same way just new pipe dreams worded differently with a lot of ifs and bits and so called possibilities,
Then ask your self how can a sane person watch a share drop over time day by day by at least 90 percent them them selves be loosing a shed load of money and still relentlessly defend the bod big up the share and say how good it is and can be daily? Not normal right!
Then ask yourself how many people have seen these cleverly worked posts and hopes aspirations and dreams and down right nonsense half the time,
And bought into this share using there hard earn’t money I mean I don’t know about you but I don’t go round suggesting to anyone to invest here when I’m currently sat on a huge loss, my enemies maybe lol but certainly not to family friends or any person I mean no harm too,
So yeah I only dread to think how many people are suffering and regretting listening to you sc
I mean pulling up someone’s profile to point they only post negatively yet you only post positively which hurts people financially should they believe your tosh that never actually happens.. think how inappropriate some people actions can be but never your own!
Refer to https://www.lse.co.uk/profiles/allonred85/ to understand a bit about h/er background, style of posting and purported expertise in exotic trading. ‘Allonred’ also implies he regularly shorts. On GGP 4/7 he wrote…’I have been shorting this share to the tune of 30m plus shares….’
Leaving aside his personal insults, here is a summary according to this ‘’expert’ with my commentary in [ ]
1. saffron2 drill is not transformational. […compared to an offshore find or revenue, I agree. However the de-risking aspects for future Saffrons/SWP and a CPR increasing 2P will be great]
2. there is such an overhang of shares in here i couldn't possibly predict when these would be cleared. […..An overhang will happen at 3.5p+ unless a good RNS appears. Between now and 3.5p there will be some profit taking, unless holders who bought recently wait]
3. There are various ways to "prove" your [shorting] opinion. Why did you not do this? Euroclear publish stock on loan and regulation require anybody short more than 0.1% to declare their position. Many, many avenues you could have got short information from yet you didn't... […..Welcome to AIM! Disclosures are often ignored]
4. The share went down because investors were sick to the back teeth of it [….leaving aside emotional rhetoric, some probably executed stop losses. But see https://finance.yahoo.com/quote/CEG.L/history?p=CEG.L and note the very low trading volume since early June. It is easy to nudge the SP lower and make money on CFD/derivatives.]
5. They were short prior to the open offer as it was as clear as day BPC or Challenger would need more money. The shares undertaken as part of the open offer were used to close the short position without having to buy on the open market and spike the price […possibly true and in line with my thinking but using a different trigger to lower the SP. Monecor did NOT have a collective epiphany to take part in the placing, dump gazillions of shares, but keep 9m just in case! Perhaps he can prove it by following his own advice in point 3 and posting a link]
Summary: IMO allinred is shorting CEG and got rattled because the SP went up 13.5%. I also wonder why such an ‘expert’ only started posting 6 weeks ago.
Other reasons some unlikely that cannot be ruled out, assuming a PI or org has substantial wealth and is willing to lose money:
a. Spite [‘I lost money with LGO/CERP/BPC/CEG and want to hurt CEG so it has difficulty getting funding at 4.2p or doing a Stena deal with shares’]
b. Ideological reasons to hurt CEG [ Attempting an injunction in Dec probably cost more money than buying/selling CEG at a loss since June]
c. It is in their interests for negotiation purposes to have an artificially lower SP now
d. A possible T/O, possibly hostile at x2 SP now (at least >3.5p to get more votes).
A decent S2 RNS will make the above somewhat mute
IMHO. DYOR. GLA.
Starchild
https://www.lse.co.uk/profiles/starchild/
allon - thanks for your reply - are you able to post the evidence to back your opinion as mentioned in your post of 09:50 today - seemingly a very significant short position!
allon - starchild advanced an opinion which appeared reasonably plausible based on events. I’ve heard the reference to shorting disclosure many times before as evidence for a stock not being seriously shorted but I’m probably not alone In regarding such ‘ evidence ‘ with a degree of scepticism.
I’d be interested to hear your opinion as to why an organised group would buy shares here in the open offer and then sell them at a massive loss not long after when there had been no material change in the company fortunes over that period, especially when the case for buying in the open offer was greeted with so little enthusiasm by many existing shareholders, who have followed the company quite closely, not to mention the strident urging not to buy from detractors on the bulletin boards.
Allon, similar as my reasoning too, I agree with you there on those points why it dropped on your post.
Huge overhang to definitely clear.
We could then use the cash generated bye our local revenue content targeting a deeper drill where they could be substantial amount of oil
They could be oil further down in several as the API does seem to be of good quality for relatively shallow depths. If there are no shale issues in the LC then we could get good flow rates which could flow naturally for 1 to 2 years before requiring the assistance of a pump. My understanding is we wouldn’t use anything techniques unless it was much happier oil at deeper steps per pump could be used after natural decline in Output.
So pressures could be quite good for some time .
We just need good sensible honest management from here on in
A bigger outfit would be more prepared for environment groups, this and any other challenges in the Bahamas so leave all of that to them. Let them fully fund it, we hold a retainer percentage should in the event of a miracle a drill P2 takes place and a successful strike.
Morning SC,
Why did the sp drift down after the OO.
My take . In my many years experience of these OO, some do go down some do go up afterwards.
Sentiment can play a large part, and here it has been smashed for many reasons for v quite a while.
This has caused selling pressure and with so many at such a loss including myself is no wonder really that it continued its journey down.
Also , results are probably playing on some investors minds as well as they won’t look great, putting further pressure and negative sentiment to some , especially lth’s.
There’s the outstanding fees matters as yet unresolved too.
There is light at the end of the tunnel, we are very down BUT not out. We lost top middle batsmen for very little gain.
We need bottom end batsman for a great partnership to bat us back in to the game. ( saffron 2 flow rates and hopefully ffd)
Then a second innings performance right across the board with at least 4 or off the 9 other saffron’s.
Forget about P2 Bananas in Bahamas, unless we can find a partner who sees enough quality in the data set, plus wranglings fees with Bahamas gov can be resolved. I say bananas because that’s what the whole situation has been with Enviro’s covid, **** poor odier etc and press. So really we need to focus finances , LOGIC & common sense on where to go next . That is become self sufficient, don’t throw more money in to Bahamas units someone else is going to pay for it.
If S2 FR come in good then get this going get the corn coming in and progress this at full throttle and the other saffron lookalikes. Also bring on Suriname too to add to the coffers. We have a couple of years for Uruguay without any major Capex so on the few years we should be able to generate some decent cash flow .
We need management to saddle up with regular decent straightforward communications
So far imho Etyan has done a good job with Comms , so keep going with that.
A long way to go though for me personally to say incredible job . Will take a couple of years for me to see true honesty and prove the worth of their salaries and repair smashed confidence and sentiment .
For all my wishes , any success and generated cash flow DO NOT EVER TRY P2 go it alone . Yes of course if P1 was a success we would have been shouting from the rooftops but the fact it didn’t and we did the hard work of drilling that alone so pass the costs to someone else. DONT do any finance deals off potential oil in the ground from saffron two or any of the other potential saffron licenses if there is a discovery. I don’t do finance deals to offset the house and spend it all on B2 just focus on what we have. Don’t forget in SWP there is an estimated 1.3 billion barrels of oil ( much of this in Herrera sands ).
So if we get success saffron which are relatively shallow trails if we make 27 million per year based on poo/saffron alone, if we can get lucky on say four of the other saffron potentials that’s 14
We are about to take off. Hopefully 3p by CoP tomorrow and news on Monday!!
What was the content of the private messages that YOU sent other investors ref P1 then Linters?
Just to refresh your memory and highlight the scum are frequent this thread - here is a little extracts of one of them…..
ts a pleasure egg... I was told by Laallee & Ray Smith (Uncas) so they deserve the credit.
Sources have said "good" and "significant" oil find... now confirmed from 2 industry bods and one government official out there.
What a brilliant day... big **** up in London at the shareholders bash when if this comes in as expected!
As I say you communicated this to a number of us and let’s say the net is closing in - one more outburst from you and the lot will be forwarded….
What’s the year on year loss Star Fish?
Thank you.
Yesterday’s 13.5% increase is a step in the right direction. CEG even made 7th spot in the all AIM risers table https://www.londonstockexchange.com/indices/ftse-aim-all-share/constituents/risers-and-fallers-and-volume-leaders
What remains baffling is why CEG’s SP nudged its way down from the OO/Placing price of 3.5p to sub 2p. Especially during an imminent spud when a SP usually increases. When an OO is announced, the SP often falls to the offer price, or thereabouts. Most complaints come from traders due to overhangs and NOT a 40% fall on the OO price! The April OO was discounted based on expert advice so it would succeed. The uptake was 38% from holders and the balance from the placing. So, it did. (In Nov 2019, a similar OO had a 49% uptake, with the balance via a placing. See https://polaris.brighterir.com/public/challenger_energy_group/news/rns/story/x28y2mx ).
I gave opinions why the SP fell to sub 2p: mainly manipulation during low volume trading, by selling physical shares at a loss to make substantial profit shorting via virtual CFDs/derivatives. There was no bad news to trigger the fall, just a lack of news. Some may argue the Bahamas license uncertainty contributed to the fall, to which I would counter that the market has valued this as zero anyway.
What’s happened has happened. I hope the SP recovers to at least the OO 3.5p price ASAP, and substantially higher subject to positive news on various fronts, specifically the imminent S2 results. 200-300boed is not earth shattering on par with finding >200mboe offshore. However a successful S2 is a step towards several Saffrons and ultimately de-risking the south west peninsula, with its >200mboe onshore potential….. and Auctus’ £220m-£320m Mcap valuation for ex-CERP assets alone.
IMHO. DYOR. GLA.
Starchild
https://www.lse.co.uk/profiles/starchild/
Fatalcharm: Your satirical comment yesterday was funny! I find pumpanddump totally bizarre. When clicking on the link, it ‘thinks’ for 5 secs then provides a list of POSSIBLE manipulators. IMO, no one in the current top 20 switches sentiment from buy to sell. In fact most currently post negativity. I think all it does is count the number of posts (ONLY on LSE and not advfn!) or word counts otherwise I wouldn’t be at the top with my 1 or 2 posts a day. I doubt it uses word triggers to deduce if a poster is ramping or deramping. If it does, it’s not very good at it. If you want to have some fun, post a one liner every day on another BB you have shares in that has very little commentary and within a week you could be in the gold medal spot!
We appear to be of the same vintage and brought up to be polite and show appreciation to others. This doesn’t make us weak, flirty (‘let’s get a room’) or lapdogs. Those who insult fellow CEG holders, appear to forget there are real human beings behind the avatars… who have feelings and also currently sitting on substantial paper losses.