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Patience required. And May
TREE has massive potential Looks like some impatient pi's sold out on Fri to chase other shares. Have some patience here and the rewards are massive Bonkers99 chart beow makes great reading https://bonker99.com
Many thanks Bonker. The charts looks good!
Certainly value in this. Just not on peoples radars just yet!
here this week. If the assett RNS drops, the herd will be scrambling for shares!
Are pointing towards a breakout this week!
Hopefully this will florish next week for you! I've taken a early position here, as with these shares with low in free float. You want to be in pre -RNS news!
Have previously followed paper losses with reasonable profits in various disasters areas such as LMI, WHE/SO4, GKP, COMS/REDS & QPP/WTG, KMR & TRAP/JOG
At a £7m Mcap the tree deal will surely give it a bag on the SP alone maybe more. It's just a question of getting TREE getting on peoples radar. I was looking at the CTAG trades today. People more then ready throwing in cash to an unstable dog of a share (today someone lobbed in £70k 2 hours before they suspended), says it all on AIM!
Quite agree, seen this happen many times before and made decent profits on apparent lost causes !
Up his holding to 10%. People like him don't sink that money in on a chance whim! He often gets involved in take overs and companys which are turning the corner. Buying in low and sell high!
Just look at the last few RNS's of the holdings. People buying in big. This share is not on peoples radar at all. Something is happening in the background for sure. Not many shares in free float. If the RNS of the tree sale lands. The SP will shoot up very quickly IMHO!
That's what I concluded so doubled down at modest cost, hoping that's not good after bad (again) !
You might get some of your cash back? There is plently of short term upside
Had a few thousand of these languishing in an old account from when they were in the mid 50s and missed cutting my losses taking up the tender off a couple of years ago, too far under water and at deep discount so left, but watched it slowly ebb away. It would indeed be "nice" to see some activity here and the arrival of an activist could be just the fillip this old dog requires - after all any dog need a "TREE" to p155 up !
Meant to say an FTSE AIM share that might not attract the usual herd. Just requires a bit more interest. Though when a few sniffing out the offering of at least a bag. It's a decent risk to reward ratio!
I think value to be had here. However it's a FTSE share it might not attract the usual herd. I think maybe some over the weekend will research and maybe start taking a position for next week.
Good to have some extra pundits arrive. Good luck All Breakout Achieved & Consummated. And May
Over the weekend people may research this and realise what a good SP this is currently.
anyone looked who the guy is Peter gyllenhammer bought on 23rd Feb ..he's a serial activist investor who pushes for takeovers /asset realisation https://news.fool.co.uk/news/investing/investing-strategy/2009/11/20/making-100m-from-bombed-out-small-caps.aspx
Looks to move quick.
i am in NAV 22P
NAV 22p, Asset sale imminent Big money moved in the last few weeks, Look at the last 200 trades Easy bagger
Undervalued perhaps ? Or a sale of assets coming . Good luck And May