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Started: lignumvitae, 16 Jul 2019 21:41
Last post: share4, 4 Sep 2020 21:52
Indeed I am contemplating another purchase
There’s a couple of Broker reports out on I3E. The one from Mirabold is worth a read. The Gain energy closed today - I3E is not dead yet.
i3e - doing nothing
take a look at ufo and hzm
take a look at my post history
enough said
Share4,
I’m not so against Albert - they just didn’t execute and obviously by the time it became apparent - the SP had already taken a hit. Sometimes things don’t work out and you’ve got to call it as it is - Albert was a dog.
As far as advising not to invest - I think you are well aware that you offered your expert advice after I was already invested - so bit of an irrelevant comment which makes it very puzzling why you keep repeating it. I think your clutching at straws to try and make a point.
As far as BIDS is concerned - I traded in and out several times at a profit. Current holding which I have not touched for a year or so sits an average of around 6p. Whilst it’s true that it shot up to over 30p and fell back down - a profit is profit and BIDs is still in the game.
I3E - you have no idea where I stand on I3E - I have averaged down over the last couple of months and time will tell whether this turns out to be profitable. Calling the stock atrocious and then buying into it is strange.
With regards to not believing in I3E, Albert or any other stock - these are your words / conclusions. What you don’t understand is that you are allowed to buy a share and still be critical of the performance of it including Managements handling of certain issues. This in my opinion doesn’t infer any lack of integrity. You can disagree with me and call my opinions rubbish which you have done, but when you post information as though they are my words, my thoughts or my conclusions which you have done - then yes this shows a lack of integrity on your part.
With regards to your claim to get it right 8 times out of 10 on the AIM when the data shows that only 1 in 10 companies make money. Well please excuse me if I take that with a huge grain of salt - even for a stable genius like yourself. If this were true - you would be managing your Millions and not engaging with Baffoons like me. Only you know for sure and I hope you are not fooling yourself.
One final thought - we have both expended too much time on this back and forth - we should consider drawing the curtain on it.
I don't know what's worse the fact that i3e and bids have performed as bad as ALB and you haven't sold out, or the fact you didn't sell out of ALB yet keep going on at me about getting it wrong. Really is beggars belief. If you were so against ALB why didn't you sell? Just doesn't add up.
Started: silverknight, 30 Aug 2019 10:35
Last post: silverknight, 30 Aug 2019 10:35
You still hold them but they can only be traded on Asset Match (check out their website). I'm surprised by the sp strength prior to delisting. Interesting to see the result of the first auction next month.
Last post: cmilesyy, 29 Aug 2019 11:52
What will happen to the shares we currently hold?
Started: GT6546, 1 Aug 2019 14:03
Last post: GT6546, 1 Aug 2019 14:03
If you check your online Corporate Actions with your broker, fellow shareholders should hopefully find one there to enable participation in voting in the upcoming EGM.
Good to see they are making it cheap and administratively easy for shareholders to participate, and vote FOR or AGAINST the delisting of Albert Technologies.
I think this online Corporate Action will probably increase shareholder participation in the EGM considerably.
Last post: iaintgotaclu, 29 Jul 2019 14:28
Richard Griffiths gone from 15% to 20% and if he is buying more today BOOOOM
which will give them enough to block
"approximately 80% of the Company's current issued share capital is held by the Company's management (including ex-management) and three largest external Shareholders, resulting in a limited free float and liquidity in the Ordinary Shares"
Griffiths bought approx 5% more
Someone is buying R.G. to stop the de list they only need 25% and they are currently at 20% and looking at it today they are going to 29% check Thursdays RNS
Slightly confused with this - RNS comes out on the 16th for proposed cancellation, price drops massively as expected. Now all of a sudden the price has risen massively.. Why?
Started: share4, 26 Jul 2019 20:06
Last post: toomuchshine, 29 Jul 2019 14:06
Tell that to mr Griffiths
Do not buy here unless you want to lose your money - absolute pump and dump!
Should get to 10p soon imo
This was recently 70p
5.10 paid
Started: MadChatter, 29 Jul 2019 13:59
Last post: mrcalm, 29 Jul 2019 14:00
this is rising on sells
Interesting choice for shareholders here. Buy in anticipation of it not delisting, or buy in anticipation of it delisting then relisting otc somewhere or receiving an offer after delisting.
I had that elsewhere, a decent offer to management buy out take a share about a year after delisting.
Last post: emma66, 29 Jul 2019 13:55
good rise to here today, after the drop
Started: Deeogi, 29 Jul 2019 13:10
Last post: Deeogi, 29 Jul 2019 13:10
Started: silverknight, 25 Jul 2019 15:06
Last post: tonynorstrom1, 26 Jul 2019 19:41
Share4,
Your shares have gone from over 30p to less than 3p in the last six months - that's over a 90% fall. That's a fail, mistake, misjudgment - no other way to look at it. It seems like you have forgotten the object is to make a return on your investment.
30% chance of a fail v 70% chance of doubling your money - those are not the odds on a typical AIM Company.
If a share is likely to fail 30% of the time and double the other 70% of the time, is it an "investment" mistake when it fails?
Please tell me you're not buying high risk shares without understand this basic basic concept Tony? Perhaps you should stick to FTSE stocks.
An investment mistake is when you get into something you don't understand. You don't even understand that.
Share4,
But at least I have I3E to cheer me up.
Share4,
I don’t think I ever asked you for advice - quite why you keep going on about It I don’t know or even think I should have acted upon it I don’t know.
I have asked you several times to outline why you think that Albert (at this point) is such a compelling investment proposition and justify your outrageously bullish remarks - for some reason you seem to be avoiding this question.
I’m not sure I understand your point on “investment mistake” - everyone has made mistakes except perhaps you. I think it not unreasonaable to say that anyone that is holding Albert - has lost money and therefore by definition has made and investment mistake - I have no qualms in saying that in terms of SP fall - it is the worst share I have held.
Started: 10baggerT, 24 Jul 2019 14:01
Last post: tonynorstrom1, 26 Jul 2019 12:14
Share4,
I think you have lost it - I recommend you sit down, take a tablet and chill.
1) reference to BID’s - I mentioned this 5 months or more ago as an early stage stock that I thought had a better / more understandable business model. You brought it up out of the blue with no context or relevance to the current discussion . It looks like you’ve got it on your radar and I’m happy to report that as we speak - it’s back over 30p. You seemed to be concerned about an imminent drop.
2) still looking forward to sharing your views on why you think Albert is such a compelling investment at this point.
3) You asked what I meant by “ I probably have more shares than you”. Concentrate now - it’s complicated - it means “I probably have more shares than you”. It does not mean that I have a lot of shares or that it is a big part of my overall holding. Of course I don’t know how May shares you have so it was probably a bit of a meaningless statement but your such a tit and a know it all - I could not help myself.
My apologies 35x as much
Tony came onto this forum to ramp a company worth 70m that loses over 3m a year and has 300k of revenue and hardly any cash.
Ironically of course he is in favour of a company worth 10x as much which makes far less revenue, has a smaller target market, product/market penetration is less advanced, and has an entire army of rampers at its disposal.
As stated by the company in their RNS there is no point to them being listed on AIM since people don't understand early stage disruptive tech companies. I agree with this, people like Tony state these facts and figures without knowing what they actually mean, if he wants to go purely on numbers he should stick to the main market, only a noob would think otherwise.
10baggerT,
Share4 should be able to offer a view on that as you may have seen he posted a couple of very bullish statements immediately after the RNS on delisting. In my view there is no compelling reason to invest - there may be a chance of a Dead Cat bounce between now and delisting but this would be a gamble.
After delisting they will obviously require a significant cash injection that you would imagine will significantly dilute any remaining share holders and that's assuming that they are able to convince investors that its a viable business. I think I'm correct in saying that they have burnt through over 60M in cash with current revenues of just over 4M and annual costs of 12m,
Let me just quote you when you came on here:
"What I meant to say previously is that I probably have more shares in this company than you"
Let me just quote you now:
"Yes I have made a small investment into Albert to dip my toe into AI "
Oh and
"No I don't consider myself a Warren Buffet"
Yeah yeah pal, come on here talk about how you have loads of shares in this company, then come on here later bitter and say you only made a small investment and that you're not some kind of Warren buffet.
I actually told you not to invest in this share cos you're clueless.
And you have the nerve to call me "disingenuous and selective".
Er Tony, you came on here and said you had a load of Albert shares bought around 30p, many more than me. Now it's a small investment?
Look back to the adgorithms board, I bought into this around 15 and profit took around 28.
As the company has said AIM is hindering them and they need investors who UNDERSTAND their business. This is exactly what I told you when you first came on here. I haven't changed my tune, either you understand early stage disruptive companies or you don't.
IMO they will have NO PROBLEM raising at a significant multiple of this share price to go forwards.
Share4,
Your post is disingenuous and selective:
1) I bought into BIDS when it was 7p in January, I think it was 11p when I flagged it to you - it is now 28p. Yes it is volatile and it has been into thirties and back down into the high twenties multiple times over the month or so but its still up 500% in the last 6 months - a very favourable comparison to Albert which is down over 90% in the same period.
2) Yes I have made a small investment into Albert to dip my toe into AI but I have considered it an Investment mistake for the last 4 months or so as you well know from the tone of my posts.
3) No I don't consider myself a Warren Buffet - I genuinely come onto this board and a couple of others to see if I can learn anything from fellow posters on the shares I have invested in - I have learned nothing from you and indeed have noted that you have been pumping this stock in the face of many glaring red flags (delisting, high costs, low earnings / earning growth, reverse course on building up the team - now on a cost cutting drive)
4) DYOR - thank you for that flag - bit of a statement of the obvious and no I don't take it out on everyone - its just you as you well know because your are a know it all.
5) This is your chance to show other people on the board that maybe you do know something - one of your fellow posters has asked does anyone have any reasons to be investing into Albert at this stage - my opinion is no. As you made several very bullish comments after the delisting notice - perhaps you can share your rational / basis. Do you have any basis or is it simply that you have learned to walk on your hands and talk out of the other end.
have a good weekend.
BIDS have gone from 37.5p to 28.5p in a short space of time. On current share price performance they will be below 20p by the end of the year.
They are loss making with low revenue.
You invested in Albert as well.
But you are claiming to be something of a Buffet...? Perhaps you should do your own research before investing in things instead of taking it out on everyone else when things don't go your way.
Started: silverknight, 25 Jul 2019 10:46
Last post: tonynorstrom1, 25 Jul 2019 12:56
Silverknight,
Thanks for the feedback - with Asset Match, was there any Capitalization post delisting and if so how did this impact the value of your shareholding?
regards
I am invested in another delisted (Asset Match) company and it's certainly not ideal. Dealing commissions are much higher and you have to wait for auction periods to end. There may well be a last minute sell off of Albert just before delisting. Even so I'm prepared to risk a bit more as a long term bet as this should be worth much more than £2mill. Time will tell if I am right.
Started: researcher1, 24 Jul 2019 18:01
Last post: researcher1, 24 Jul 2019 18:01
decided to sell today for 20% profit after a chat with my broker who didn't like them in the portfolio due to them likely being stuck for circa 3 years. Still the price is holding up nicely so someone wants them....
Started: silverknight, 22 Jul 2019 18:56
Last post: silverknight, 22 Jul 2019 18:56
That will give us a price based purely on supply and demand. Happy with that
Started: 10baggerT, 21 Jul 2019 11:01
Last post: 10baggerT, 21 Jul 2019 11:01
Hello there I’m not an investor currently although I’d be interested to know what happens if the shares are relisted again after a few years will they reappear to sell like nothing happened or is it a lot more hassle?
Cheers
Started: silverknight, 21 Jul 2019 10:59
Last post: silverknight, 21 Jul 2019 10:59
once removed from the market there will be no identifiable m/c. Because of a revenue warning and delisting we have lost 90% of market value. Is this really justified? No. I wonder where new funds will come from post delisting and on what terms. How will it impact shareholders who stick with the company ? I plan to top up and hold for the longer term. Maybe they could use Asset Match post delisting
Started: researcher1, 16 Jul 2019 22:19
Last post: researcher1, 16 Jul 2019 22:19
there was word of them wanting to place shares at 10p prior to the big drop, so I'm guessing that's still their intention - and that would be the launch pad for 3 years of growth. No idea how we'll be able to sell the shares though!
Started: lignumvitae, 16 Jul 2019 21:47
Last post: lignumvitae, 16 Jul 2019 21:47
And let's not forget the current metrics. T/O for 2018 $4.6m with that for 2019 expected to be higher. Cash at 31.12.18 of $15+m. Works with global leading agencies. Ongoing discussions with significant enterprise clients. So this is not a start up. Further funding will be required but this is probably better achieved away from the glare of the stock market.
Started: researcher1, 16 Jul 2019 21:00
Last post: researcher1, 16 Jul 2019 21:00
decided to take a modest (£2.5K) punt on these today (paid a bit more than I wanted, ASK was at 1.5 but was made to pay 1.8) - the AI IP could be devastatingly good, and I'm content to sit for 5 years or so to let the company achieve its potential. I also like someone who puts two fingers up to AIM!
Started: silverknight, 16 Jul 2019 14:04
Last post: share4, 16 Jul 2019 17:37
See also your 83k posts in which you've lost a fair amount of money. I'd take the risk reward on this at any point again.
Worth buying is an understatement. I agree AIM is not a place for this company and the share price fall has no basis in reality, this is how people end up making real money if you're brave enough, and knowledgeable enough to understand the product and the market. Just ignore the people that come on here claiming they gave you warning bla bla, they don't actually make any money so would rather create a "reputation" for themselves.
dying star
I could have told them that AIM would not be in the interest of the company before it listed. Free advice.
worth buying if you take the long view. The company hasn't changed. Suppose it makes millions and pays a dividend in the next few years? (Not impossible). Also you can't be panicked out at short notice. Look on the bright side. The company is only worth £2mll now.
Last post: Oldfinger, 16 Jul 2019 14:46
Bit of a push up in SP mid Price. just now...could we finish above 3p...or 3.5p even.....GL All OF
Started: mystic, 16 Jul 2019 12:54
Last post: mystic, 16 Jul 2019 12:54
Delisting after 4 years!!
Started: helsbydrome07, 26 Jun 2019 22:54
Last post: helsbydrome07, 26 Jun 2019 22:54
Quiet board ,any news for contracts.
Started: silverknight, 3 Jun 2019 10:30
Last post: silverknight, 3 Jun 2019 10:30
that will happen. This is a very unforgiving market at the moment. I'm holding firm