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Sorry you're down so much here, Theanalyzer. I hope you recoup your losses soon.
v & b , i am still invested , a loss is only when you sell, i have not , all i am putting out there is beware , we all know the risks ,but as i keep saying is these cannot be trusted , ground hog day ,sudden 30% drop ,10% rise suck some more in and suddenly money slips away on bad deals [who owns those comps ?] share prices crash , change name of comp and repeat, as i said i invested in this when it was msg and all looked rosey money in the bank , mega share deal by some unknown person [over 1 mill ] who never stumped up the cash , the aim were supposed to chase it up i think they used a sponge as a door knocker, and down hill from there as i said change name and lets see who we can scam in ? the trouble is we [myself included] are too greedy and want all deals to go good ,this one didnt and it is looking alot like xmas for the bod again, just be very very careful , i also hope i am very wrong and my £50 will grow as i titled hopium , keep safe all
Bond Investments. CTEA now has around £500,000 in the bank after paying £270,000 for Hyperneth and spending another £300,000 in losses in last 3 months since interim results to 31 March 2021. So it will out of cash by Christmas unless it invents a new product that sells like crazy before then which based on recent performance isn’t likely. Yes it could spike on rumours but that is trading not investing. Finally it’s not a Cigar Butt as per Ben Graham definition (later adopted by Warren Buffett in early years ) because it is loss making and market cap exceeds net assets so there is no margin of safety in a liquidation.
Vagabond and Bradley. You might want to share your 'long term' wisdom with poster "cookoo12620" and several other posters who have been here a lot longer than you, since the milestone days. Ask them how being patient with this company is working out.
Well said vagabond.
That's right pal, those who have lost money by selling too low just move on.
But the truth is they cant let go, they want to see this company go bankrupt. In the meantime they will try influence others to sell and lose money same has them. Its human nature for people to want revenge even though its their fault for not having patience.
Well they have around £1m in the bank. At £3m Mcap, definitely worth a punt from here. Could be a 'cigar butt' investment, as Warren Buffett would call it.
Going through the posts I suggest aim investing is not for people like blaimthrower and biglad and now Gibboscini and others. They get upset by even a small fall in share price. This is stock market and everyone should read the disclaimer before investing. These people should go and use their knowledge somewhere where they can make money instead of advising others when they themselves have lost money investing in this company. This company is not going bust because they have lost money. This company is there for years and will go on. Don't you all know share prices go up and down? You only loose money when you sell at a lower price than what you bought. To make money you have to take a long term view. Otherwise, sell and move on. Or if you think that you are smart, then I think you wouldn't have invested in this company in the first place. I am invested heavily in this company because I think it will do good in long term. Please do not waste time if you are not invested or even if you do will make no difference. Sp will be up and down and if you get a chance add more, and in long term, you will make money. Don't be bitter because you have lost money on this company. One man's food is other man's poison. PATIENCE PAYS.
What are you thinking?
If there still in business this time next year, I’d be truly surprised
So what's your timeline for when the company will go bust?
This company will go bust, they’ll be a spike first but, a big ramp, then all insiders will sell up, and a lot off folks will get caught with there trousers down, scam company, AVOID, don’t buy in, in the next ramp, that way they’ll get caught with there pants down!!!
Blaim the only reason I bought in was at the time there was no vaccine and passports were the only option.
But I fell hook line and sinker for the BS . Every pump made me more convinced they had something. I’m treating my loss as a years tuition fees at the university of investing.
At 56 I should know better , my bs detectors are normally very acute.
No reason apart from the company having almost £0 income and over £1million outgoings. But if you forget the risk of insolvency then yeah this should be at 20p in no time.
the results were pretty well expected at 1.4. at least, according to some posters. so no reason cannot return there sharpish.
mr amir i forgot to add i assume you know /knew this was msg before ctea
I never knew there was a consolidation so I understand the dip and it's called Sarcasm, nbul1 is clearly trolling!
DYOR GLA
mr-amir you asked me when did this dip to .003 ,dec 18 it was .0012 consolidated 100 for 1 dec 19 so dont be fooled by this ,the last few days and today its like groundhog day from 2016 when i bought in thinking this would " fly with the spaceships " as i posted earlier my 1.5 k is now worth less than £50 ,i hope i am wrong for your sake
Fly with the spaceships!
updates pending …it will fly …holding tight..,
Up 10%! Can’t wait for the rampers to show up calling 20p lol
Doc123 My mistake I was think of Alan Simpson. So it’s in worse shape than I thought.
yep thats how i got sucked in as well .the only feeling i get from these is sick, sinking ,dont fall for the tricks , yes iam bitter ,but once bitten ,trampled and trown out with the bath water thats how you feel from this shower of stit
Next level of price coming up ….
got the feeling...
Mms need shares,any amount offering .982