Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen 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.
why was his post deleted?
I wonder why.
Shylocks
Off the back of a misrepresented business and assets. I still believe tendrara gas will be sold to market, whether sound will hold the asset is another question. Just look at Corcel, Coro and echo to see what JP and the gang are upto, confetti shares to fund their lifestyle. Karma will catch him up.
A lot of people were happy with a huge profit.
And they're still at it elsewhere.
Forget the penny’s look at the £££’s
Thanks Tincan, appreciate the response.
I have and yes it’s a big gamble full stop , black or red time here . I think our Graham/Mohammed will do their best for us . What would stir me up is this bond not getting sorted at this point .... would love a rich Moroccan to take it on ?? Gla
Have any of the long term holders been buying any more since the SP fell back to current levels?
Andytr, are you getting your "r" and "c" keys muddled up again? :)
I'd have sold out along time ago if Mr Conman Parsons hadn't assured us our SP was underpinned.
Was it 40p or 60p?
Little runt!
I’d settle for one jump to the right as would most of us no doubt. Can’t see it happening mind you.
Me too, MoneyGame but you have your 4 digits ! Sadly the decimal point is in the wrong place :)
I remember sitting on these for ages at 88p.......Oh how I wish i jumped then. But hey, remember, we could be talking 4 digits but put that aside for the moment.....blah blah.
Who do we think will turn the lights off in Sevenoaks ??
Nice one Ozzy52.....
Ozzy, funniest ( and truest) thing I've read on here for over a year.
Rabbit poop
I have not been able so far to find a copy of the Gherkin event, but I did find this:
https://www.youtube.com/watch?v=fMtARGQkTl8
The final line is:
'It is finally time to discover what is at the bottom of this particular rabbit hole.'
Cheers longwait - I hope what you suggest could happen does happen
If I may correct some mistakes in my previous post:
'its former directors work all crooks' should read 'its former directors were all crooks.'
I actually meant AYM rather than DELT.
AYM recently rose from 1p to 10p.
CHAR rose from 1.36p to 14p offer, before halving.
This suggests that investors who have been able to average down to about 15p have a prospect of recovering their losses, even without further averaging down.
I hope no one is going to accuse me of being unfeeling, especially since I myself am losing about 92%, but it does not make sense to buy any AIM share at 80p.
It is conceivable that a price could go from 1p to 80p, but what are the chances of it going from 80p to 6400p?
You have to be a mooncheese to believe that.
Although granted - all a big step up from where we are now!
This does seem like level headed thinking - however I have just checked the sp on these three (assuming I looked at the correct company share prices) - all sub 10p, and a couple barely half way there . Little consolation for those buying it at 80p plus.
Again and again, I've seen investors here get excited when a share price is high and lose all hope when it is on the floor,
I've read here of people who bought Sound shares at around 80p, investing huge sums in them.
Since the price collapsed, I've seen hundreds of comments about what a terrible company this is and how its former directors work all crooks.
Somehow, they have at the same time concluded that there is no hope for the company nor its shareholders.
If you look at the history of AIM oil companies, you see plenty whose share prices, having fallen to about 1p, recover strongly when the company finally gets it act together: PVR, CHAR, DELT to name three.
This seems to be the natural order of things.
Sound Q1 presentation slide 6 shows what massive potential we have. The micro plant deal being signed should put us straight to 7p+, Graham said he has turned a lot worse than this around and knows what he is doing. Parsons ran us right into the floor and left us for dead but thanks to Graham it is far from over.
oil drum: spot on. Everything that can go wrong has been priced in. Worst case scenario, there will be someone willing to take over at the current market cap + liabilities.
If this SOU gas deal is quietly signed of in the coming weeks, as it could easily be, we will all be looking in the rear view mirror at this unbelievable bargain share price, with tears and sad regrets.