Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. 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.
Actually the share price bottomed out at less than 10p in Feb 2021 - but i think the point still stands.
Thanks Hasiba! Happy to share my thoughts. In truth though the share price peaked in April 2010 at over 500p a share and recently bottomed out at just over 10p a share in April /May 2021 (i hope they have bottomed at least). That means i've been wrong on this for 11 years :) . Hopefully the patience and research is about to pay off. Lets see. there's a lot for this company to do still to crystalise the potential intrinsic value.
Great you took the plunge though at what could be an incredible entry price!
Troy…it amazes me from the beginning you had much insight into this hidden company with amazing good value and you always had convincing argument that it will come good …now this is truly showing…
Thank you
Its possible i guess. Essar Oil and Gas Exploration and Production Limited operate the neighbouring concession so must be significant synergies in bringing the two together. GEEC would be pocket change at this level for Essar O&G. However, GEEC majority owned by the Modi fmily with near 70% ownership and i think they are in for the long haul and have indicated that they think the resource is worth over $1bn NPV. The current share price - even after todays move - is a very shy of what i think the Modi family would accept.
The sp is rocketing …?? M & A action…
Think you're right Hasiba. Just a lifting of the persistent stock overhang or something else? A lot of shares have changed hands over the last few weeks and now the market looks to be pretty tight (at least for now). I'm hopeful the long awaited re-rate is now happening and will stick.
Easy to sell! Wonder why MMs wanted my share now!!
Holding for a little longer…it seems something is brewing…
Dyor as always
Anyone who's been following the stock for a while got a view on the recent unusual activity in trades? I've followed this company for many years and the last few days have been very unusual for a stock that often goes weeks without a single trade - and when large volumes has come through the share price tends to move quite easily. We're now seeing large volumes on a daily basis by this stock's standards and a pretty stable share price. Interested to hear thoughts on what has suddenly changed (if anything).