Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', 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.
So as to not get involved in a long winded reply to Scootaboy/ Superleggeras bitter side swipe at me because he was very quickly found to have created a new identity after being banned from LSE and his old account under Superleggera suspended, for those who might be interested in the measure of the man I'd highly recommend just reading his posting history from the beginning on here under his latest guise, it genuinely is very enlightening to the type of duplicitous disingenuous fraud of a person behind the different guises he's used.
To think he bandied about insults like "Quislings" to those of us who expressed our opinions about Brexit to then read he now admits he voted remain is just one example of just how low he was prepared to stoop to win an argument in his own mind, to then throw his latest obsession at trying to undermine the character of my posting here by accusing me of being desperate and in denial when he openly admits a £20,000 trade at 15p that has now become an investment in his words, this investment done at a time when he was on this board relentlessly bombarding this board with deramping posts about leverage ratios during the bond sale process as though he had a clue what he was talking about clearly and unequivocally proves he was simply talking his book, his brief posting history as Scootaboy throws up relentless examples of total hypocrisy and lies and without doubt proves who the real "straw man" is that he so often directed at others on here, he has no shame whatsoever and is a total fraud.
Sheps8.
Scooter Wed 21:03
‘Well done you. Your confirmation bias is strong. Did you filter Superlaggera too? Big mistake! If only you and others had listened to him. Some will never learn’
You can’t listen and act to people on here. However I rem very clearly March 2018 when I unexpectedly got some pension money to open a SIPP and didn’t know whether to wait or buy Sirius at 30p. There was a general discussion going on which I joined and discussed my dilemma (which I shouldn’t have). Several commented - two stick out in my mind - PAAA was cautious and reminded me it was share chat but Superleggara was def the most over positive. At that time imo he was one of the biggest rampers on here - that’s how he came across to me. SH’s get criticised for ramping/negativity but that’s only how they see things at the time - did SL have an agenda or was he just being honest with is thoughts? That is a question that was never on my radar at that time - but having seen the board over the last few months I was obv naive. Either way if SL influenced me in any way to buy it would be totally my fault - not his - but if I’d listened to anyone wish it had been PAAA not SL.
This couldn't be much worse????
Oh yes it could ,we could be in the shale gas industry !!!!
Idiot
Ah, KOH with his subjective Factbook again.
You wouldn’t still be “invested” if you knew what was happening before it did, a few months back, now you’re in the same position where you think you know what’s going to happen but you don’t.
You might be wrong you might be right, but you don’t KNOW....
Just ‘legged’ it to the filter button at ‘super’ speed.
Should be a little quieter now and I should have done it earlier.
Better late than never though eh!
secrets
KOH, "dream on" thank you for confirming you can't actually read
__
I can sheps8. We both can. And we both know well what "it may incorporate the issue of new equity" really means in the current circumstances.
KOH
KOH, "dream on" thankyou for confirming you can't actually read, if you could you just might have read and understand the rest of my post in context to that paragraph.
Sheps8.
I can read KOH, can you!!! "either of which may incorporate the issue of new equity" there's a word in there that means new equity therefore dilution is not a concrete statement.
___
Dream on.
KOH
I can read KOH, can you!!! "either of which may incorporate the issue of new equity" there's a word in there that means new equity therefore dilution is not a concrete statement.
Not that I believe there won't be dilution but its format and timing covers a very wide spectrum of options, I also believe that despite the negativity continually plastered all over this board about potential lenders holding all the cards by one particular troll, that is not the case, this project actually holds the cards and a mutually beneficial deal will see this project realise a huge uplift from it's current position that benefits all parties not least current shareholders.
Sheps8.
KOH
There are folk invested here who do not understand where we are at.
It now appears positive that this project will continue but the recipients of the profit (how long now to positive cash flow?) is likely not going to be PI’s in any significant percentage.
Combination of dilution plus increased royalties plus huge ‘delay’ (from ST2) to get to 10m and 20mtpa and increased time for debt repayment.
This is a NEW project.... the financing of which we do not know.
"Until we get the exact path issued detailing dilution if any...."
___
Can you read?
"The Company is seeking to have the Initial Scope funded from the proceeds of either the strategic investor process or through a structured debt financing package, either of which may incorporate the issue of new equity or an equity-like component to the financing package"
KOH
Morning,
Until we get the exact path issued detailing dilution if any, or negotiation outcomes with a SI this will be looked upon with uncertainty. And only rightly so.
It’s would be fair to argue strongly that we now all feel we are out of the bust mindset, the next evil is the apportion of the business to be sold to an SI or the dilution volume to negotiate a favourable outcome with an SI.
So far the path the business has taken since the plung has felt very predictable and the outcome I feel will definitely involve a fund raise or SI buy in.
For me.. I can deal with the funds tied up for longer than anticipated and Barton down the hatches until the details of the deal are issued.
Expect the SP to reflect the negation going on behind the scenes as it always has. Shorters closing out should be a theme we start to see in the impending future
Only my opinion