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i have them on filter - best option. the potential upside here is phemonenal - on actual signatures etc - GCM will nto be trading under 50/60p. buy/ hold until cows come home. All good (lower the betterm but mms cant be that stupid they already giving it away - happens 10% of the time)
:)
Never ever have I seen an investor with such determination to talk down his own investment - it’s truly astounding - My conclusion is that he must be either trying to gain a much lower entry after last weeks fantastic news by continually spinning negativity or he’s gone short. Because no-one who put their hard earned into a company would engage in such silly deramping to the extent telling us it’ll be 11p soon. Well if it does we will be hoovering them up especially after Zac has given a 26-35 near term target!
Scraping the barrel of endless historical reasons why it’ll never happen but failing to recognise it’s now many years later and Bangla STILL NEEDS POWER and has not moved forward - their only quick solution to this never ending problem which the people and industry have had to put up with for years - is use their own homegrown power source! The obstacles in this new Covid led new world are becoming fewer by the day for this project and the reasons not to say yes to this almost non-existent now.
If you don’t like it here nor believe the journey for this company is now onto a winner...then jog on and leave it to the seasoned investors eh! According to the triplets...(you know who you are) no-one is ever allowed to invest in this company if they haven’t suffered for years like them - I think they’re simply jealous that we are now onto a good thing and they’ve had to wait for years to get to the same point. Aw
IMHO DYOR GLA
Showmethemoneysh - In my view you have to factor in the fundamental change in this project since the Asian Energy days. Essentially Asian Energy wanted to dig up all the coal and export it via a new railway and a new port. This was an easy decision to put this on the back burner. What was in it for Bangladesh and Hasina (politically)?
Bangladesh need Energy, the economy has been growing at 8% a year (doubling every 8 to 10 years), they have little money and the (cheap) local Gas is fast running out. Recently there has been huge resistance to imported gas / coal as much more expensive than the domestic gas).
Domestic coal and the search for more domestic gas are very much on the agenda.
Hardly anyselling?
Seriously?
The price has moved up and down a few times this morning and SP is down. I'm no expert admittedly but does that not suggest there has been more sells than buys?
so why they asking for chinese for support....if they don't want to use inhouse coal.....? and wy is GCM setting uo three way command, and involving the main co in china. onwards and upwards from here. 20p= settle before the major release. you had the warning short. :)
10/20k buy and its over 14.5p - so not much to sell then.....hence why we are geting over 1005 moves from this oversold pos.
I don't think anybody thinks she is a basket case - she does however want to steer clear of social unrest and standby the promise made by her and her father. Not to allow open mining in the Phulbari basin.
People throw mud when posters add some much needed realism. I would love this to go ahead, I know how quickly it can move and remember the re-rate 10yrs ago that saw us hit £3.40...but then Hasina spoke and re-iterated the message above. I'm not saying its impossible that she wont change her mind but at 73 does anybody think she will give the green light and go back on her word?...the last 10+yrs say she wont, the SP tells us she won't...
well said 99icecream. Hardly anyselling, we waiting...tick tock...:)
In essence HeardItAllBefore thinks that Sheikh Hasina will not permit the GCM project to go ahead even if it is in the best interests of Bangladesh because she is a "basket case".
"It only matters what the basket case Bangla Govt and Hasina thinks"
In addition anyone who does not agree with him is "simple or stupid or both".
Neither assertion is correct IMHO.
Magnamus_49
Ok mate we get your point. You don't need to keep repeating yourself over and over. Posting 3 or 4 message in a row is spamming the board and diluting the views of everyone else. Im not name calling or even arguing with your point of view now. Can we please stop with the spamming as evidently it is annoying lots of other people. This is a public forum not your personal message board.
well sell and go away - find something that will happen...what you doing here...trying to get that peny cheaper..../ who will sell to you? well
I'm amazed HIAB bothers to post on a BB, he/she is obviously very well off and has never been a spiked idiot. Trades the GCM spikes as in their opinion the project has no chance of going ahead (the only thing that stops LTH's from trading is the hope it gets the green light). Well done HIAB a trading genius....Regards ...should I sign this idiot? just asking?
no is desperate - just happy getting cheao/ low buying opp. better here than 22p. no? you see, the rns was huge for GCM and very soon they will be pouring that local coal into Bangledesh power stations - as that is main source of energy for the country - who is relieing on aid to survive right now. :) - anthing under 15p is happy days ahead.
People reading these posts aren’t fools, most people!
Sharebel
All are allowed an option, even your side kicks who arrived with you on 16th, one with over 100 posts of desperation in only few days....a new record for this board. You should report them to admin for the blatant unnecessary “ultra ramping”
The fact you and others aren’t calling him or her out makes youse look the same and IMO helping to hold this share back.
You’ve just popped up again spouting rubbish - I’ve asked admin to remove should anyone read your post and decide to believe them - desperate desperate stuff coming from the apparent investors in this share yet trying and clutching at straws to spin negativity. Shameful! It ain’t going to work because we’re not simple nor stupid!
IMHO DYOR GLA