Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video 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.
Started: BGPTRADE, 4 Jul 2022 13:31
Last post: BGPTRADE, 4 Jul 2022 13:31
friday and today
Started: Knigel, 16 May 2022 20:14
Last post: Knigel, 16 Jun 2022 13:41
Interesting acquisition which will take a while to near fruit but it appears the warrants won’t get exercised at 35p now hence the 20p placing price
30% rise in a few days and still an inactive board!! Still name change confirmed and the company has until the end of June for warrants to be exercised at 35p so expect news sooner rather than later imo
Started: Knigel, 10 May 2022 11:04
Last post: Knigel, 10 May 2022 11:04
The company doesn’t have long for the warrants to be exercised at 35p and it probably will happen if they can get an acquisition completed before then - that’s a possible 40% upside here
GM tomorrow which should confirm disposal and name change / hopefully also news on progress towards a fintech related acquisition
Started: ottorun, 18 Jan 2022 17:08
Last post: Knigel, 22 Apr 2022 11:09
Clear to me they want to make an acquisition via the warrants so maybe 35p isn’t out of reach here to achieve this?
Disposal done - good price?? So around £5 million in assets and cash for a RTO probably in the fintech sector - let’s see how the market reacts
Doubt there will be any money in getting rid of main business. I think it is more about focusing the new money on the rto and removal of legacy operations and staff
Didn’t they say they might dispose of their main business? If so - then this could really re-rate
You're not completely alone - I'm in IME @ 17.25p and wondering why the sizeable up-tick?
Also at a loss to see why so little on the up-tick is mentioned elsewhere.
Nevertheless, I'm holding for the longer rising.
Started: Knigel, 19 Feb 2022 09:21
Last post: Knigel, 6 Apr 2022 14:41
Quite a lot of interest ahead of results ... or maybe disposal news...
Due an update very soon but in the meantime I see the BOOM investment is still booming! Must be valued at over £1.2 million now :-)
Started: Lakeside, 1 Jan 2022 20:29
Last post: Lakeside, 1 Jan 2022 20:29
2M cash in the bank
They own 0.5% of Audioboom who’s market cap is 207M
That’s 1M in Audioboom
Owed 1M in loans & market cap of 6M
September & November record months for company.
Very active results out in February
Directors brought in to placing at 25p per share & will want a ROI
16p per crazy undervalued company.
Expect this to rerate target 40-50p on results.
GLA
Started: Bouunceback, 30 Dec 2021 13:38
Last post: charlie229, 30 Dec 2021 13:59
I’ve been watching patiently - amazing rebound back to where it should be (at least!)
Great to see value being realised here.
Merit Group (MRIT) will be next IMO. Director buys recently at current levels and some big boys with big holdings.
Considering the rise.
Interesting activity today.
R.I.P Good bye dear friend.
Ricky whom passed away
Started: ottorun, 21 Oct 2021 12:50
Last post: ottorun, 21 Oct 2021 13:36
that was my thinking, nice to see haha
Leaky Leaky
any reason for +10% in a day? I've not seen anything
Started: Sharebel, 3 Sep 2021 14:49
Last post: Indy0105, 29 Sep 2021 11:19
Does anyone know when they will provide an ops update?
Very quiet like the herd haven’t found this yet. That’s the way I like it but when they do this will explode. Keep buying and collecting making a nice position until then. I have a feeling this will do very nicely next week. It’s primed and ready to rerate especially as we are now on the fund big buyers list - expect more buying and more TR1s
IMHO DYOR GLA BUY HOLD
Started: simonj73, 1 Sep 2021 14:59
Last post: Tekked, 2 Sep 2021 14:35
Started a position here yesterday after watching from pre-suspension. Looks to have turned the corner after a good update and TR1s announced yesterday. Stable looking business and big name partners for the mcap and potential upside, hoping to see 30p+ this year
CA normally correct on these things, think a "sprift balls up" adjusted target would be in the 45-50p range by EOY. Who knows what 2022 has in store for this - looks like it could be a real opportunity for returns
CA called 70p year end but that was before the Sprift balls up..depending on the direction we go who knows but the TR1's were very encouraging.
chris akers and mark horrocks bought in the placing at 25p so i expect they will want a profit from that price.. see 40-50p+ coming here this year imo
Started: Lakeside, 31 Aug 2021 15:43
Last post: simonj73, 1 Sep 2021 09:23
Think it’s safe to say the worm has turned here. Nice gap to fill at 36p, TR1’s yesterday suggest something is afoot!
#IME near 10% of shares in issue traded today.. Not normal for this company
Big trades flying in Directors not on in a closed period.
This will recreate 25p+ in a heartbeat.
Limited shares in Issue.
Directors have big skin in the game.
£2M cash in bank.
17p Joke of a price.
GLA
Started: Lakeside, 31 Aug 2021 20:24
Last post: simonj73, 31 Aug 2021 21:41
agree see this back to 30p-40p very soon
When a big institution like HSBC buys in a microcap company like this is very positive.
So many AIM shares trade under the radar & do not move.
5% from a big player is huge.
This will rerate.
5M market cap is an absolute joke.
This should be trading at 3-4X NAV mínimum. 30-40p range.
2M cash in bank and news due this can get very interesting.
GLA
TWO TR1s
And another TR1 HSBC 5.019% #IME
Started: Lakeside, 31 Aug 2021 11:52
Last post: Lakeside, 31 Aug 2021 11:52
September set to be best monthsince pre-Covid.
News due short -Mid term.
£2M cash in bank.
Boom shares showing 600k.
Good volume today.
Strong buy back to 25p +.
Market cap only £5M
Started: teabiscuit, 25 Aug 2021 14:49
Last post: teabiscuit, 25 Aug 2021 14:49
Market makers have been holding the trades back last few days, today they are opening up and some decent buys come in since 11am. Happy to see this stay under the radar from day traders.
Started: SM_14, 5 Aug 2021 15:43
Last post: teabiscuit, 20 Aug 2021 10:54
No evidence a major player has sold, this just needs a bit of patience, this will swing back up quickly when a positive rns is released.
Look at the trades millions sold nothing bought bad things coming here
which major player has sold out? not seen any RNS?
One of the major players has sold out of this in the last few days and yet there is total radio silence everywhere ?
Anyone any thoughts ?
3% sold in 2 mins the other night and a heavy steady sell off I tally to about 7-10 % of the company in the last few days !
Hahahaha.....so it would appear :)
Started: teabiscuit, 29 Jul 2021 11:51
Last post: Lakeside, 29 Jul 2021 12:13
No stock available.
MM flushed out all the weak holders, who will buy back once rising.
Buy & hold no long & string
£5M market cap is a Joke.
£2M cash in bank plus boom shares 800k
hopefully Akers and his buddies mopping up these levels.. 14/15p looks like very firm support here now. Expect could see this trading back towards 20p as dust settles
Quuet buying from people over the last day, as this is heavily under the radar at the moment it will be interesting to see at what point this breaks out to higher levels.
Started: teabiscuit, 28 Jul 2021 13:47
Last post: teabiscuit, 28 Jul 2021 13:47
At these levels I'm surprised more people are not taking advantage of the price, I suppose this is off the radar for most people at the moment but there is plenty to be positive about in the near term, as always do your own research.
Started: Lakeside, 22 Jul 2021 10:26
Last post: Early_Bird, 22 Jul 2021 10:30
not forgetting £700k in BOOM shares and is also owed £1m+ interest and is looking to sell the core business for further cash too
2M cash in bank.
This will bounce hard, smart investors loading up.
Worth 30p per share on fundamentals alone.
News can land anytime with 2M in the bank they can go shopping & snap up other companies.
Started: Early_Bird, 21 Jul 2021 10:09
Last post: Early_Bird, 22 Jul 2021 10:16
Yep these are the times to buy these stocks when theyre priced at EV and sentiment on the floor, time to sell them is when everyone is shouting about them and trading multiples of the EV...
Akers will have a plan here, it wouldnt surprise me if he has been adding at this level. If you look at what he achieved with AAA, all these stocks had big dips before the big move.
It just requires a bit of patience. Something that most people seem to be in short supply of these days.
took a few at 14.75 / £5m Cap.
At some point this has to bounce.. £2m in cash, £500k in BOOM shares, is owed £1m+interest and business worth say £2m.
Akers Shell historically trade multiples of EV.
Lets see... certainly better RvR here than its ever been before
Will probably fall to around 9-10p imo looks like it’s fair value
Heading for single figures by the look of it. The management thought Sprift was worth £36m and took 4 months to realise it wasn't ! How can they be trusted ?
Likely to be buyers tomorrow. 3rd day of the falling knife if you follow that adage
At last managed to top up with 2x10000 buys
17.25 and nt to buy within minutes
Very frustrating no stock to buy for the last half an hour,come on mms play the game!!