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.
Sellers out? Maybe!
I have been taking an even larger position in PPC over the last two trading days - I have purchased nearly 4.3m shares at an overall cost of just under £57k approx average price 1.334. Lowest price paid 1.243 - highest price 1.459. There were a few small sellers and TBH I was looking for the sellers to come in to keep the pricing lower so I could buy more shares, but they didn't materialise - typical! Maybe they are fully out, taking a breather or maybe they are on holiday, I guess we will find out next week!
Over the next few weeks/months I will be increasing my position further in PPC (hopefully double the shares that I have today!) paying no more than 1.7 a share (anything under this is bonus). When looking at the forecasted figures in the RNS updates I have fair value to start at 3.5 a share (MC £72m) which is when I will sell a few to reclaim my original stake and leave the rest invested for higher longer term gains.
The share price increased a lot quicker than I thought, especially yesterday, I guess due to the usual seller not really making an appearance. Using my two share prices as reference the MC moved from £25.5m to £30m or just over 17% or just under £4.5m increase. When you look at the value of total shares trading over the last two days this is just crazy and clearly highlights the disconnect from the MC & stock market reality!
Good luck all!
Seller out
I have been watching paint dry for months, good buying today, even Aim dealer now SqeSx (?( or similar back involved all buys
Taken a few more today, very close to my target holding
A few more purchases over the next few days should do it :-)
Nice average price now so just waiting for some good news -it can alway go the other way of course, but there are a few interesting opportunities on the near term horizon and the SP is so low I feel I have a good chance of making a few quid here!
Taken a few more again late into trading - might be totally wrong on this position, but happy to wait until the end of year and review - hopefully at my buy prices they will look okay approaching the end of this year.
I wonder if US is back on line yet?
Picked up a few more shares today - this MC value is crazy when you look at ATOM Value and approx yearly turnover of $40m in Argentina, plus USA sales/pofit, plus Paraguay drill (maybe delayed but not confirmed as yet!)) plus farm out, plus Greenhouse/Lithium
I will keep adding at these prices as Im sure at some point this will turn!