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PC01 - was there a need to be so rude and sarcastic to a former chart competition winner who is so modest as to tell us how often he doubles his money or more? OK - yes there was and well done for your commendable efforts on our behalf. Reading into your posts you come across as a philanthropist at heart (like me) who is sensitive to the plight of others - particularly those who are cerebrally challenged. This can often be recognised through an inability of the challenged party to express her/himself clearly in a language recognisable as English, or to apply logic to everyday occurrences.
What this particular challenged party fails to recognise is that nothing he writes relates to the fundamentals of the companies the future values of which he professes the ability to predict. His posts might be analogous to (and as useful as) those of someone alighting on this board advising us that we've just had a few weeks of unbroken sunshine so his chart says we're now due for a bit of rain. Yesterday he would have been right and had he bet on it in advance, he might have doubled his money. I guess we don't get to hear of the bets he's lost, because he surely wouldn't spend every day telling everyone how clever he is if he had as many 0s on his bank statement as Jeff Bezos.
This link was struck out the other day along with the rest of that particular thread:
https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
There is a lot to support the existence of the condition. The bit that particularly applies to the challenged individual is the following: .........."the cognitive bias of illusory superiority.... comes from the inability of people to recognize their lack of ability".
I rest my case. What day is it? What's the share price? Please don't ask me which one. I reckon some will goup and some will go down. Some might even stay the same. It all depends.
dyor
the good the bad and the ugly
share a piece of cake
share market is the public money
yesterday good surge
everybody happy making money thats the good point
OK, if we all genuflect before you and agree that you are the second coming...for all that is holy, is there any chance you might leave this board alone now? We get it. You are the king of the charts - its just amazing that you bother to share your insights with us mere mortals when you must have more 0s in your bank statement than Mr Bezos.
LONGWAIT
Very well done on the 3 lots at the bottom, I was well aware of your purchases and the Chart was in the process of forming a double bottom, but I that time I was already fully invested with so many bargains that some gave me more than 100% in 2 to 4 weeks... TLW 139%, CRST 62%, ENQ 61.5% , IMM 49% , TUI 133%, others not so much, but more than doubled figures.
I am not trying to buy at the bottom but more when they are ready to move, using all type of Indicators, is hard work as I follow a very large amount of stocks on the spreadsheet.
Good night
Yes, indeed, DU.
I was planning to post a comment about MasterRSI's twaddle about a correction coming, quite apart from the Fibonacci twaddle, but the market has beaten me to it.
You drew attention a couple of months ago - when the price was bottoming - to the £42 NAV.
It seems the announcement of that figure at the AGM has attracted inventors' attention in a way that the same information, lying unread on the company's website, or mentioned by you on LSE, could not.
Fortunately, I bought three lots of JOG at 55p, before the herd arrived or returned.
Mr Fibonacci and MasterRSI have obviously failed to take into account such phenomena.
What a pity, you could do without some other things that are not true
But that is Jealousy for you, for not having the ability to predict share price movement
Yes you are very good at writing long letters to the Queen asking for tea, but she is not interested
Yes you are very good at using at least 3 more nicknames to spread the virus ( secretary work)
and yes you are very good at saying " I have sold some at 92.6p and at the same time directors are getting paid too much ) does not look good on the eyes of some as other posters spread the news to other places.
Well well the shares have gone UP since LOSER
Talking like you own the company ( Pompous )
note : I am a shareholder for some time and taking punts as new cycles emerge,
and I left a blank line to make sure my post is as long as your GOTCHA
https://uk.advfn.com/user-photo/kennyp52/181016/D4D70D06208A431B976FCAB2260B84745bc64143a34f9.jpeg
.......it's like an annoying fly...........use the filter and life will improve. Yesterday's bullcaca is matched only by today's.
Those of us who are in for the long ride know that JOG's SP is news driven and that short term traders get bored when there's a lack of it. As they sell, the price drifts down. Rinse and repeat. They get left behind when the news is positive, because JOG is highly geared SP-wise and it really flies, with less than 22m shares in circulation, a lot of these held by LTHs who are in for the duration. They see the potential rewards on offer if JOG's directors achieve what they're working towards (they hold upwards of 10% along with family and friends).
Short term SP movement is about supply and demand. It's not rocket science. I'd prefer it is simpletons like the one who's spouting drivel every day would pick companies other than JOG to spout his drivel about.
A farm out might not take as long as many are expecting, given the volatility of world trading conditions and the price of oil. Companies in this industry tend to think beyond the short term, although weakness in oil prices is bound to affect the price at which deals are done. The risks are about farming out and finance. The oil is known to exist - and a great deal of it at that. If you don't like risk, you shouldn't be here. Risk and reward come in equal measure, generally speaking.
Just to clarify the £43 price tag people have always laughed at, it was chosen for illustration. When Trap Oil first listed in 2011 (it was renamed JOG in 2015) the shares were priced @ 43p. The offer was fully subscribed. TRAP listed with 220m shares and £86m in the bank. Over the next 3.5 years, It blew the lot and very nearly went bust.
There was a 1 for 100 consolidation when JOG was acquired in 2015, meaning that the TRAP IPO holders remaining when JOG rode in (it was a RTO but was presented as a T/O to maintain TRAP's substantial tax losses) had effectively paid £43 per share for their shares, not 43p.
A £43 price tag would return those holders the 43p they paid back in 2011.
TRAP did have a licence no-one there knew much about (because the CEO and COO had gone on the bidding of a certain "value shareholder"). Someone in JOG found it in the former cleaner's cupboard.
"Shall I bin it along with all the other rubbish" the finder asked
"What's it got written on it" the new CEO demanded
"P2170" said the finder
"Give it to Ron and ask him if it's worth keeping"..............
I suppose it would have been a wise move for former TRAP holders to assess the likely capabilities of the NKsOTB, swallow hard, then pile into new JOG shares at the incredibly low prices they were on offer at by Feb 2016, when the whole Company was said by the market to be worth less than a 3-bed semi in London..............
Maybe someone did?
dyor