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.
folk were paying 16p last week
now its 8p absolute bargain.. news due imminent
Ratty is a Samaritan.
No actual real reason being here other than driving the price down, probably be ramping it in two weeks. Somethings never change on these chat boards.
Never listen to anybody on Share chats, believe nothing and make you’re own mind up is what a real Samaritan would say.
Thanks for the long explanation. I must confess to knowing very little of the history and therefore appreciate your time in giving your thoughts. My situation is that I bought recently on news, without doing much reading around the company. I'm down about £500 but cant find much substance to warrant staying (I actually just can't be bothered phoning HL). So for now sitting waiting to see what happens. I am no expert, but the feeling I get is to go anywhere more cash will be required.
I've kept out of this discussion until now as it's always good listen more than you speak.
Here are the facts....
1) RP ran PCGE into the ground but that is always the RISK vs REWARD game we play.
2) RP has turned WSBN around and 10 bags since July 20 ( yes I know the history and the prices before this)
3) RP has managed to secure over £500k at 10p.
4) Vinay is an expert in this field and a great addition to the team.
My position
1) I've held PCGE for over 4 years and seen 95% of my investment wiped out....I wasn't a TR1 but not far off.
2) I didn't take part in the placing BUT have bought since.
Why did I buy again?
1) If RP can convince people to invest £500k based on his "Story/dream" I can invest a few grand of my money.
2) I'd like to get back my original investment and more....but I'm not interested in chasing losses.
3) My view is this will do 1 of 3 things..........stay at 10p for a while and then required more money, any news fly up to 20p + or ideally bought out by a bigger player who sees the potential for a crazy price in a few months.
I do have a question for the couple of posters who constantly say this share and RP are rubbish.....
Why are you bothering to post?
1) You've lost money on PCGE and sold out.
2) You are public spirited and are posting to help people out.....
3) You are buying the shares on dips?
I look forward to the replies.
:)
What are the realistic prospects for this lot. I wonder if what remains of any investment is better off in something more upwardly mobile.