We would love to hear your thoughts about our site and services, please take our survey 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.
CEO MS got paid over £250k last year - massive for such a small company. He also has millions of share options at very low prices - most at 2.25p.
He is always going to be very positive - what CEO wouldn't.
Turkeys voting for Christmas!!
Thank you Mr Slade and Mr Rae. Fantastic Christmas present for all of us faithful read naive shareholders.
L2 says one more sell and we will have a Bid of 1.4p
Only some sustained buys will change that imho
I would agree that it smells like a raise is coming
shandypants2
I don't disagree with much of what you say, and you could well be right. The company appears to have done the figures, and consequently stated that a placing will probably happen mid 2020 (from memory). I believe they believe that was the case when they said it, and things can change, and even sometimes for the better!
I think MS wants to succeed, and expects to reach 12p,.......I hope he does !!
Aerial - many companies have stated cash is fine and then done a placing soon after - SKIN did it last week, as an example.
Also , no company will wait until cash has run out to do it, they will want to do so many months before so always knock off at least 3 months on any statement re cash. Similarly a quarter is 3 months - are they referring to beginning or end of that period?
When placing is announced by definition the broker has to seek buyers and so they immediately have inside information. There is always a group of sudden sells as these people know they can buy share in a few days at maybe 20% cheaper.
SKIN went down form 1.8 to 1.55 and placing got off at 1.5.
This has all the indications that something is afoot.
Then add in LSAI is loss making, has always been, and CEO has failed to meet many of his own targets - would you trust him 100%? IMHO NEVER trust a CEO 100%!!!
JohnZ
We had a game changer, and I have no doubt we will again.
shandypants2
We know there is going to be a placing mid next year. I think they have stated they have funds until then.
This decline is because of the lack of regular official RNS'ed news, AND the longer cycles
placing coming
or another placing!
Aerial - we are in the Christmas period, and so much can happen. I think the January update will be a game changer.
true, if you were waiting for a window to buy in with a chance of a 10x bagger theres no better time than now. I'm more interested to see their revenue growth and overheads than anything else. As was posted earlier today though. new deal signed.
JohnZ
It's been going down since July. Without an update it will almost definitely go lower.
Aerial - Must need the money for Christmas????
They've been jumping ship since the 12th July...
Some investors jumping ship or their stop loss orders being triggered.