The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Fishfeed..............!
I may nail 20K posts this week............ :)
All the best (get your your party poppers ready............ :()
Hey Irene............!
Our old friend Cantors, sitting at the top of the tree, both sides............ :()
All the best (have you been checking me out.....? ;()
Your still my Fish(ermans) friend aren't you........?
All the best (please :()
It all looks and sound too familiar to me! Just months ago I saw it in TXP, together with its known trolls, few so called(!) LTH changed side, flooded the BB with all sorts of speculations, something LGO-Fan is doing now and started trolling 24/7! Yes, including rossannan lol
Now they kicking themselves as TXP bagged 5 times in front of their eyes!
Below 10 to 50p+ now lol
Lgo fan ,
I don’t think share investing is for you. After reading all of your recent posts you then say that you haven’t sold a single share? You are either pretty dumb or you are trying to get yourself a lower entry point after selling. Pretty sure we know which is it :)
LGO-fan,
I must admit, I've considered selling my holding. It's only worth £4k now (I'd lose almost double that if I sell) but I also see a somewhat rinse and repeat scenario.
I can't see how the share price is going to be impacted on any forthcoming news.
Right - that's it. I'm going to Wetherspoons.
You got me all wrong LGO-fan............ :)
but don't worry about it..........!
All the best.
27mn shares sold
plus 2 x shares issued to pay contractors
plus another 15 man shares issued tomorrow for directors pay...
You guys aren’t seeing the reality here.
Other than Saffron (It’s hopefully going to be ok, but a game changer seems very unlikely) there is nothing planned for this year for SWP.
Revenues won’t come in quickly enough to fund the next drill. All too familiar: is exactly what happened all these years ago at Goudron. I can only see more equity raises on the horizon.
(for the infants on this BB: holding, haven’t sold a single share - unlike traders like Chesh - an see no reasons to buy either. No happy with Lk et all)
Not a Schroders-fan.......!
we get it LGO-fan......... :)
All the best (over and over again..... :()
Do they have a cornerstone investor selling?
If TXP can get good value... I'm sure CERP has a chance too. As in both stocks you just need plenty of patience - and a large sprinkle of luck.
So no end in sight of Schroders selling then?
obadhia, i do agree with you on the contractor shares. Why draw down the two tranches just to sit on the funds?
Mike, Schroders is one obstacle, and a huge one at that but in addition we have this damaging contractors payment policy.
Could Columbus not afforded to reduce the communicated cash balance by $300K rather than issue 9.5m shares to add to yet more future blockage in terms of sp advancement? Seems like a one-eyed policy to me.
And i suspect - most on here, including me, will take a level of comfort that you're still holding, which in itself is wrong as it goes to show we blindly follow.
I hope we all make money / regain our losses, Mr Joseph. I also hope you're not the Pied Piper...
Have a good day all.
like all funds , Schroders will have redemptions etc and need to keep moving investments, especially if the value of the investment hasn't been going in the right direction, I wouldn't say they don't believe in CERP just that they see better short term value elsewhere, I could do the same but I still strongly believe in LK & team and don't want to miss the boat when this starts to move.
Oil has become a dirty word, institutions like Schroders may feel the need to distance themselves from this type of investment, unfortunately Schroders will do what they want and due to the volume of shares they hold, selling in large chunks will have an impact on the SP.
However, driving down the M1 yesterday, I could not help but notice almost all the vehicles around me and powered by oil based fuel, oil has a future and for some time yet.
SP has taken a beating since Sep 19....almost 27mn shares sold. Why on earth would they stop here? There is no reason for it. And if Schroders did indeed have this as a plan, surely LK would know and surely some a form of communication would have been issued by now to reassure investors?
They could continue selling..
08-10-2018 - 96,000,000 shares held (12.641%).
26-09-2019 - 116,428,571 Shares held (13.977%) they held higher amounts.
12-02-2020 - 93,278,571 shares held (10.996%).
Schroders have they're reasons for selling............!
but rest assured, it isn't through inside information.............. :)
All the best (if it was..............! well, questions would be asked of the BOD )
if schroders continue selling, it will suppress sp further down.
also, is there a bad news that they are aware resulting in them selling? hope not