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.
I took so long typing that, you have posted in between, sorry I was trading the eurusd lol.
Your post is there G_G_G I think this website is playing up. I have had the same issues elsewhere. Are you on Twitter?
Hanno although not able to buy shares because of his situation he does have an invested interest in the company and is very keen to get things going and also to see some value for shareholders too. I know from speaking to PR that the company is very aware of how we (shareholders) are feeling.
Scott is and remains confident for the future of NCCL. I am happy that he is on the board too, I actually pushed for this. As I feel he represents shareholders and has skin in the game as you say.
I think we all know that there is a very good chance of NCCL going on to be something quite spectacular but it has been a frustrating hold for me, especially when I have put a fair chunk of my money into this now. I have also been frustrated with the lack of PR, the slowness of pace and the global issues surrounding GE not being open about their desire to remain and covid slowing us down too but i have not lost faith and if I was not already holding so much stock here this would be a price that I would be buying happily.
I understand that the price has drifted on low volume and I also am hearing that we might be getting more news soon. Hopefully from this point on my posts can be more pleased, borderline ramping than frustrated moaning.
Woops post now appears to be showing (egg on angry face).
Incredible that my last post was pulled. It pointed out that Hanno hasn't dipped into his pocket for years, so I don't really buy the argument that he isn't financially able to do something at this point. Funny that he can invest our money in his brother's company though. I also pointed out that I invested for the project and share register, and not Hanno. And I'm still here because that share register of major holders now contains more than one board member (but not Hanno).
SP will be held here until there's some news on finances. SF will hopefully do Hanno's job for him on this point but we'll be here or below (given current market conditions) until funds are secured. Hopefully not through a capital raise as it will be in the 2's at this rate. If so same terms as last time and should be taken up by board members (including Hanno) or perhaps this time they can make the offer to PIs, which Hanno didn't do for the heavily discounted raise last time.
Hi Chris, so Hanno currently isn't in a position to put money into the company he runs. Fine if that is his current financial status, but the issue is he hasn't been willing to put money into his company for years. I remember a Proactive interview when he was caught off-guard when asked if he was going to be buying shares and he had a stunned look on his face as he fumbled out a garbled response. And guess what, he still didn't buy any shares. And yet he will put our money into left-field projects run by his brother.
As for news, yes we're always due news here. Funding is of course the big current issue (there's always funding issues here). If they're looking to get a placing away then common sense says they should have done it on the back of the SF news. They've now missed that opportunity and we're looking at a price in the 2's instead of 3p again. Keeping in mind the last placing price was a f'ing joke for long-term holders. And the fact Hanno didn't offer the joke price up to PIs shows how little regard he has for us. I'm hoping SF is going to give us a loan, but to be honest I'd be just as happy if they did another modest placing on the same terms as the last one (less than £650k raised), and the only people to buy shares are board members (inc SF). That would be a vote of confidence in the project and give us a solid base to work from. Given SF recently bought shares they're not in a restricted trading period, so what's the hold up...?
I have invested in the main project and due to the major shareholders on the register. I certainly haven't invested in Hanno. SF joining the board has been a welcome relief as he will be able to show Hanno how to run a company, and his interests are most certainly aligned with ours. Hanno on the other hand is just looking for a long-term CEO role with little to no risk attached. GLA
I understand that he is not financially able to put money in at the moment.
Following on from 'follow the money', surely if SF is buying post-directorship it means there's nothing stopping Hanno from doing the same? It has always p!ssed me off that Hanno isn't putting his money where his mouth is for this company. Happy to put shareholder money into his brother's company though. We should make SF ceo of the company given he seems to have the most 'skin in the game'.
Interesting perspective Oldbutnowisa I have held this longer than I have most shares and I hope you are right.
Share holders here are owed some good fortune for sticking by the company and its projects.
Hi oldbutnowisa,
.."Follow the money, especially now it has the knowledge..."
Agree ! Meanwhile it looks as though someone else has had to bail at short notice : total 687K dumped in quick succession at 3.30-3.35 when the bid offer was 3.50-3.70...
Maybe Scott will have another top-up?
ATB
... now to expect our newly created Board Member to be fully appraised of the latest information (i.e what is for us INSIDE information). He now tucks into another 1% of the share capital. My conclusion? He at least is happy to accept whatever risk there is to his massive investment. Therefore? Yes, there are still risks but the present SP MASSIVELY exaggerates them.
Follow the money, especially now it has the knowledge.