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I must be colour blind, i don't see green
Good point Miz if we get to 3.5p
Global, you mean if and not when this hits 3.5p.
That's all the happy clappers keep saying, 'Making ones own investment decision' when things go haywire. You see it in every AIM board. I've now got so many AIM companies pinned to just see what's going on and they all have the same types in there and the company is doing terrible and its only a short term burst up and deflates back down again, either they're selling a dream and diluting the heck out of the company or just something else apart from the BOD's fault is to be blamed.
CF - I am speaking for myself thank you. The first and last sentences are mainly obvious sarcasm (to anyone not looking to take offence) aimed at moneymaker who appears a know-it-all, with the exception of the CEO telling porkies (‘if not when‘ is an indisputable inaccurate statement), and having to reinvent the company. Where do I say it was entirely down to the CEO? The poor relationship and overly optimistic (incorrect) statements are 100% down to him. Making ones own investment decisions is an obvious given but having to do it on the basis of a load of tosh from the CEO is not.
Honestly now I'd avoid kibo with a barge pole, anyone interest in putting down Big money is better off putting it in a bank. If you're really itching to get in then just put max £1000 you're happy to see in limbo.
The last post has put it spot on, LC has said for a long time, BOD buying shares doesn't affect the SP and it's counter productive and that was when kibo was at the 5p days, the happy clappers kept defending his stance making terrible excuses. Now when it's at its pity sp somehow he's changed his tune, I wonder why. One might even think this was all orchestrated to benefit the BOD.
Honestly don't listen to Cunningfox, he's full of rubbish, he's a staunch happy clappers that'll fight defending the CEO to the end.
Whilst the rest of us, we'll be heading for the exit, once this hits 3.5p+
I could live with just about most things LC has done and been involved in and just about most arguments in his defence, but the fact we had to listen to his drivel about why directors do not buy shares, I can’t understand why the market does not value Kibo at the correct SP, won’t go on, then when the SP is at this deplorable level they dive into the trough to now invest, that’s bad enough but the warrants are completely shameful in my book and that is unforgivable. An issue here is going to be and I do believe this no matter what the majority of LTHS say is that as soon as this hits anywhere near an acceptable level for them whatever that level is it will be like the charge of the light Brigade to get out of here. I appreciate everyones posts and different opinions as long as nobody is abusing each other everyone is entitled to their opinion, but I wonder what the Irish guys and the rest now think. For the record my money is still on this going private/took over once they get these projects off the ground with LC at the helm. I wonder what the voting rights will be at that point. Warrants eh!!! GL all hope we all move on with our *******s in place...
speak for yourself bcl, we all make our own investment decisions and your assessment of the MCCP and subsequent change of direction is inaccurate . Tanzania and more specifically coal was always going to be a huge risk, but to say what happened in TZ cannot be entirely put down to the CEO, but the CEO took the company in a different direction. Would you have preferred the company to just have shut up shop after the MCCP debacle? No grudges or angles from the LTH's that i know.
Oh and all long term holders should have known that the CEO was telling porkies when he told them it was when and not if for the MCPP which was the only reason they bought in the first place. KIBO had to reinvent itself because it’s original business plan was blown out of the water. But please do your own research and don’t listen to long term holders who know nothing but all have a grudge or an angle.
Not much more dilution other than the 650million warrants. So before any equity is taken by any major investor we start with 2 billion shares.
Razel, do your own research and don’t listen to others. It’s the same with every share; long time holders that are currently holding at a lower sp than their initial invest always begrudge the CEO (same with every share I’ve ever owned), others deramping so the sp will drop allowing them to accumulate at a lower price or rampers trying to make a quick dollar will tell you anything so you buy in. My personal opinion on KIBO; it’s unlikely they’ll be much more dilution (if any), current sp is far lower than the currents assets are valued, they’ll finally be bringing in revenue within 2 months time. If you’re wanting a 10 bagger this year I’d say there’s others out there with better prospects. If you’re looking for a longer term investment of circa 3 years or more, KIBO definitely has good prospects and at the current sp is an absolute steal. As I say though, never listen to others and always DYOR.
Razel it’s stress, stress, more stress and not forgetting continuous missed deadlines lots of juicy warrants (not for LTHs) and the decimation of the SP. However the Positive side is, the stars are aligning! To be honest for me at this level it’s worth a punt a gamble if your into that sort of thing. it’s the LTHs Including myself who are in the smelly stuff. DYOR Good luck with your decision.
Avoid kibo, keep your money in the bank instead
Run for the hills!
Just come across KIBO. Doing my research but in the meantime could anyone give me a nice summery please?