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For exactly that reason, they are here to save all the posters buying in now until the sp has reached their target buy in price then they will ramp away and encourage everyone to get on board because there is some research that they had overlooked and after buying in they will say they have just realized the true value here yadda yadda yadda, Seen it all before.
hungrmonster, I have asked you to merely place a figure on it. Why is it so difficult to answer that question?
He doesn't really know so he is trying to waffle to look clever.
Are you hungrymonster and robin on here on a Sunday keeping on saying the same thing over and over again. It's so transparent.
All due respect, RH knows this company better than anyone else probably even RG himself. He can quote what bolts and cable sizes are being used. Just invest with caution and eyes open and please please take profits. Kiwi keeps talking about Mcap and undervalued. There is a reason the sp is what it is. I have spoken to RG myself many times and heirs credible. What he says and what happens are 2 differing view points. Not due to him living I don't think, but more because of the markets they work in. If RH has come across as a deramper, please at least look at the company in detail before buying big. GDG is RG baby, good luck though.
How does this long outstanding problem effect gel ?
"Anyone who follows China knows that the country faces a particularly vexing problem when it comes to debt. The way we explain it is simple: Beijing is attempting to deleverage and re-leverage simultaneously. Needless to say, this isn’t possible, but that hasn’t stopped China from trying, as is clear from the multitude of contradictory policies and directives that have emanated from Beijing over the course of the last nine months. Nowhere is the confusion more apparent than in China’s handling of its local government debt problem. In an effort to skirt official limits on borrowing, the country’s provincial governments racked up an enormous amount of off-balance sheet liabilities. These loans carried higher interest rates than would traditional muni bonds and ultimately, servicing the debt became impossible. In order to help provinces deleverage, Beijing launched a program whereby high interest LGFV loans can be swapped for new local government bonds that carry substantially lower interest rates. In fact, yields on the new bonds are close to yields on general government bonds meaning provincial governments are saving somewhere on the order of 300 to 400 bps. But there’s a problem. Banks aren't particularly keen on swapping a higher yielding asset for a lower yielding one. The PBoC’s solution was to allow the new bonds to be swapped for central bank cash which the banks could then re-lend into the real economy. The problem with this is that it transforms a deleveraging effort (the local government refi program) into a re-leveraging program (the LTRO component). Shortly after the program was launched, the PBoC effectively negated the entire effort when it moved to loosen restrictions on the very same LGVF loans that caused the problem in the first place."
He clearly has issues.
Daft maybe you're right, I cant confirm
What have I said that isn't factual?
He admitted he was... but he has taken to personal attacks which is rather pathetic in all honesty, I would rather not converse with people like that.
Since when did I say that GEL operate in India lol.... I said GDL did but all 3 are co-integrated because of their company connection.
In your opinion is gel currently overvalued?
No grievance kiwi, just pointing out to Mr Dross and others that the link he posted is garbage
What is your grievance with gel?
Do you like it when all the moron trolls and share bashers attack xtr?
Your post at 19.11 yesterday. You post a link to a digitallook article. The article is garbage. It's supposed to be about GEL. Everything in there is taken from the July ops update for GDL.GEL don't drill, GEL are not in India. Post a link to an RNS that says GEL are in India. I'd love to read it.
You are clearly very very bitter with gel and whatever happened, did you buy high then sell low.
I bought at ave of .22 and sold at .45. Been buying again last few weeks. Thanks for asking if i know a good company though. :-)))))
You clearly have issues, why not just accept things for what they are and run along back to the xtr bb.
quindell, if you're thinking of the same £100k buy as I am, the trade was reported with an incorrect price, the price quoted was in pounds not pence. The trade was cancelled and quoted correctly. It was for just over £1k not £100k
And for the record, the spread has been very tight for 2 months now
Hold on....there was a £100+k buy in one transaction early last year if memory serves me well.
There haven't been holding RNS's, but where do you think all this share supply is coming from? There has consistently been a phantom seller on the books for a while now.
I will post a screen shot of my bloomberg terminal, and yes there has been II selling from those who were given GEL as a spin off of GDG.