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Meanwhile...the wind keeps whistling, the tumbleweed keeps blowing and someone has lost patience and sold to chase dreams elsewhere..hence the price drop.
Good opportunity for topping up but unfortunately i cant take advantage.
Now less than 5 trading days until we see the half year report, and hopefully an update on the RTO with Comarco.
One thing is for sure, the stock here is tightly held with very little free-float at the current price range judging by the lack of trades. Further positive news could finally see the share price recover to more sensible levels.
Ah ok i got confused..do we still get an interim report if we are in the process of rto?
Bloodshot, the interim report has to be released within 3 months of the period end, which would make it the 31 July at the latest. Same time as last year.
Once this RTO Is completed how many shares in total will the new company have?
Thats good news optimist. Where did you find that?.. I couldnt find any info.
Due in the next two weeks. Think we are going to see a flurry of RNS's to coincide with the report.
Yes your spot on as usual DShox. Give it a few months as Agulhas Africa with much bigger revenues and prospects then bigger investors will start to take notice and thats when the real action starts.
If your able to hold on to your shares for at least a year or two then thats were the big money will be made.
Don't like the suspension ,they want it all yesterday
Yes mikes a solid investor and he's got a great track record.
I wonder how much business will come from Anadarko to Comarco port?
We keep getting good RNS one after another but still haven't had a large increase so hopefully that's to come
I think we need a day of an 200% increase here so we can get this share on more people's radar.
Thanks
I would love to keep adding , unfortunately I am very close to triggering my own takeover so cant add too many more
Yeah I second that. Well done to Mike and to all us long term holders who kept tha faith through the long quiet periods and kept using the word patience.
Our patience will soon be rewarded.
Has given us share holders a confidence boast here by acquiring more shares he has definitely put a lot of his own money in over the last year and I hope Mike and all of us can make a large return back on our investments
so work out the maths for Comarco - 15% goes to basically marine logistics to build = $3bn - if Comarco get just 10% and they should get more - that is $300mn - over 6 years = $50mn a year - ie revenue on this alone goes up 500%
More buys then sells today, all looking positive, slow growth is a much better trend then a sudden jump in SP.
This is looking to be a good long hold for me! Lets hope the upturn continues. RTO news soon, that should also aid in the growth moving forwards.
Remember to have our own port will be a major positive in future trading and maximise the efficiency as well as lower the cost of our supply chain.
not easy to buy shares right now, I am surprised the SP hasn't moved up a lot more, MM games for sure
Wouldn't be surprised to see a TR1 soon
Can people stop buying please, you are ruining my chances of topping up!
I also think the biggest thing that will benefit the company is the massive building infrastructure going on in Kenya now surely this will bring loads of business to the port
Zante the liquid petroleum gas facility being built next to the port should be financially rewarding for the company I think some people have forgotten about that is being built
Ok thanks bloodshot
There are those better qualified than me to give you that answer carrefour and looks like you already got your answer from Mike Joseph...no-one better qualified on here. I feel confident also of many multiples and your answer depends on how long your willing to hold. Ive personally got a minimum 5p target in mind but who knows, ill just play it by ear but wont be leaving early thats for sure. This was always a long term investment for me and can only get bigger with time.
Who were the forerunners of fragglerock by the way?...im guessing the muppets : )
Thanks for posting about the meeting with Comarco Mike and congrats on that late 2.5m buy! Great to get home and read the intelligent posts on here. My favourite quote of the day by far was from Dshox though about the forerunners of fragglerock - brilliant, still chuckling. I also agree the ipo can’t come soon enough. GLA