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.
agreed jsmibo this is playing out exactly the same. I only wish i put a short on when it was flagged on SP a month ago....... put `papa` in front of the ceos surname and it gets even more spooky!
There is nothing evil about shorting, it is part of investing & one of the tools to make money. 90% of AIM companies IMHO are 'dodgy' in one way or another. Shareprophets play a key role in exposing accounting fraud, management fraud etc etc. I have AIM companies in my portfolio as they are some great companies on AIM as well but you need to DYOR across a number of sites before handing over your well earned cash. I also like Stockopedia web-site where Paul Scott gives great assessments on small cap companies. GLA.
Get out now, while you can. its not about panic, its about risk. I was a Globo owner, this smells exactly the same, fake reviewed products and bad accounts probably means a fake company valuation at the very least. People will sit here and deny it and say 'TW is a lair and an evil shorter' and all that nonsense but they said EXACTLY the same thing on the Globo board. learn from our mistake and take this seriously.
Hi Cheque. The fall is merciless. An enormous drop from where it had rallied to. Must be shorters at work. I think until the company put out a no reason for fall or some news this is uninvestible. Today's fall have nearly halved its SP since yesterday so bottom fishers will have to be pretty astute. Seems like investor confidence is shattered.
brought at £3.00
There is a lot of people buying. If this gets to yesterdays sp, I will leave. Having brought in at £3, I feel I'm better off riding this one out and risking it
You weren't the only one. Nothing wrong with making a mistake, only if we don't learn from it. climberowl - steady on, let folk think, not panic. CM
No, I'm not tom. But that is precisley what I used to say on the globo board.
This one's going all the way down to zero. There ain't no bottom.
I am still reading through the shareprophets article that Bazzaman posted earlier. There is a lot of detailed research in there. Someone has gone to a lot of effort and time to put it together. I'm sorry to say that this appears to have GBO stamped all over it with some startling similarities. I would urge all to take some time and have a look at it. I truly hope that any bounce won't prove to be a "dead cat bounce". Whether or not investors in INTQ like the report or not, it needs serious consideration. Good luck CM Share offer price is at 77.58p as I post.
Quite a compelling article in my opinion. I had hoped this was not another Globo but if this article is proven to be factually correct the lowly regulated AIM market is now being targeted by scammers.
Canaccord also supported Globo & looked what happened to them. Shareprophets exposed Globo even when many others (including Investors Chronicle) continue to rate them an unbelievable buy. Unbelievable is the key, it looks too good & therefore probably is. No smoke without fire, read the article & make you own minds up. http://www.shareprophets.com/views/16952/from-athens-with-love-internetq-my-target-price-is-1-drachma
This better bounce or I'm in for a big loss. Any other brokers have a say in this? It seems its only Canaccord.
Canaccord said last month that this has a 200% upside so I will leave others decide but I in and holding for the bounce.
Well there's loads of buyers here who disagree with you,not belonging to Tom are you?
i lost a fortune on globo. my advice is to get out now and buy back in a week or so. This could well go down 75% on the back of this. The fact is that the greeks cant be trusted and they are doing similar practices as globo.
Nearly 30% down on one mans story with no rns aim investors are too easily spooked but thanks Tom.
The directors will respond to this? http://www.shareprophets.com/views/16952/from-athens-with-love-internetq-my-target-price-is-1-drachma Ouch.
Shareprophets is a load of crap but I glad they scared people into selling as I picked up some for under 100.00
Read all about it.............http://www.shareprophets.com/views/16952/from-athens-with-love-internetq-my-target-price-is-1-drachma
I can back zach01 up. I have just listened to the Bearcast. Only mentioned INTQ by name, and right at the end of the article, but TW seemed to be looking forward to pulling the rug from under the share in the next day or two. That is not good news. He must think he knows something,; whether or not whatever it is true or not is another matter. Good luck CM
PLEASE, PLEASE, PLEASE, use a stop loss system with your broker. Either 10%, 15% or 20%, but no more. It is absolutely vital you guard your capital, but sill provide you the opportunity to make money. There is a Bearcast on Shareprophets today, this could spook these shares. Good luck.
I'm pleased to see the share price improve, I had a feeling it would. I brought at £3.00, so I have a way to go before a profit but I'm hoping long term, this one will pay off!!
I was wrong in my prediction about a retrace. I'm now up a tad over 50% up from my buy at 98p. I certainly wish I'd risked more having sold Lloyds at 2% loss to finance it. I halved it between AMA and this. The buying pressure seems considerable but not many large trades so pi's seem to be the bulk. I'm not far off a paper profit now but I'm unlikely to sell before full year figures which I'm pretty sure will make people stand up and take notice. I hope to be able to take an early profit that day and wait to see. I'm a lot more confident now than I was early am Tuesday.
I wouldn't call it a debacle and I think we need to put this into perspective. I don't think there is necessarily an accounting issue here. The headline figures did not change. The only change was a breakdown of the total revenue by division which you could see didn't quite add up in the total. I'm not convinced they even needed to reissue the statement. I do think they have clearly been careless which isn't acceptable given the Globo situation and the obvious negative investor sentiment. I agree with other posters that it would be good to see some director buys