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.
I would certainly discourage investors from participating in the primary bid. It's dilutive and god knows we've had enough of that. As to the Directors buying, well when they were not in a closed period,(quite recently), their purchases were hardly impressive. Primary bid is just another wheeze. What investor need is some positive good news on the IM front not more confetti.
Setanta
If JW had have put out some solid news, the Primary Bid would have been snapped up at .3. Instead it’s trust I’m your man, all ducks are lined up. If our man doesn’t start bringing something to the table (not his silly self checked checklist when it suits him), then Primary Bid will be back and at a lower price.
Setanta,
I could not have put it better myself, I would have thought that before this wheeze was introduced some news on the IM front should have been forthcoming, something to push the sp higher, into the 40/50's for a start. Then this primary bid would have been more attractive to existing holders would it not!!
As it is, it is not, it's just more trouble than it's worth imo.
I wll only buy more when I see some positives, I'm still confident going forward but I need reassurances.
Mr T
There is still quite a few days left for take up on primary bid so I will keep my powder dry and if positive news is released I will take advantage of it.
and dont forget you still have the option to buy through your broker at 0.3 (got my letter today) just waiting on the next letter stating howmany you can purchase.
Dear Setanta,
So you expect the following:
1. That the board works for free
2. They spend no money on progressing Infa because of dilution
3. Make all the progress made in the past year for a total expenditure of zero
4. Work very hard with zero expectation to run a successful business because no one should fund the company
5. Finally if at all they need funds, they should pay for it from their own pockets but, obviously, all shareholders should benefit from it
I can appreciate the disappointment of LTHs when this company was dead in the water, but with the kind of momentum and strategy the current board have, I am actually disappointed by your pessimism.
If you can honestly tell everyone that the work put in and milestones achieved by the current board over the last 12 months is far lower than what was achieved collectively in the past 10 years , then there is merit in your pessimism. Otherwise, I don't see the point of your discouragement.
Droderick, I think that's a little unfair to isolate Setanta. I'm sure we all appreciate how things have moved on , at pace, since the coup. And just how bad the previous BoD were. And because of them, we are still being blamed for issues that they created. See Twatter.
These new guys have done an exceptional job. And that has kept me invested. But, unless you are a recent share holder, we carry that long suffering history with us. More so with our original buy in prices. With that goes the endless averaging down just to stay within a chance of ever turning a profit. But, we kept on doing it. Time after time. But, it does get boring. You do loose hope. You do wonder if you should just cut your losses and more on. But then, they go and buy H&W. WTF?
No one knows what will hapen next. Crash and burn, as some of those on twatter would like, or become all that JW would like. Or, somewhere in the middle.
Anyhoo, don't jump on individuals. We all feel this. Some might be more vocal. And, maybe far more eloquent, than me.
But, we are all in this this together.
Cheers, Si. :)