REMINDER: Our user survey closes on Friday, please submit your responses 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.
Really sure what you mean re the charts, but I do live in hope. Come on Chapman and Scales. Bring home the bacon.
Topped up at 19.5 to bring average down. Not
Why so angry? No need to get personal my dear.
After all, Facts not feelings, especially on AIM!
Best wishes, and hope it does well.
I’m not the one that’s been pumping this up for months in an echo chamber while those that were soooo 2017 went massively in to the red and continue to do so. Based on what i’ve read, the CEO has a poor way with summarising why/how/where money vanished. This remains a share for those that enjoy charitable giving to already wealthy individuals.
Best wishes wish your investments.
There is no reasoned conversation when it comes to Origo. It’s a giant Fugazi, subtly moving the money from one hand to the back pockets of the directors. Just have a good read of that RNS, they might as well have said they had supplied the plant equipment lease to a magic bean factory, and were shocked that the money had since dissapeared.
I’d copy and paste some snippets, but it’s all there to be seen. Pumping it as the next big thing is pretty low, even for LSE standards. Much better shares to be had.
..and which is £800k more than it should have.
It's been a a while, but just saw this on the board again today - so just to reiterate.
Biggest Ponzi scheme on AIM. If anyone remember's the tv series Little Britain, then a classic Origo RNS springs to mind when the new CEO was trying to explain where the war chest of share holder cash had vanished to ala Vicky Pollard ;
"Yeah but no, what totally happened right is Chinese Rice went in to liquidation, but shut up we weren't there or nothing. Then Mongolian Coal came along, stirring things up and took the rest of the money and it was well hectic, but Mr Liu said he will pay it all back in packs of Quavers and cans of Red Bull, so shut up."
Should win an award for worst RNS ever, and probably should have thrown in the towel back then.
'stuck' ? ... there is no stuck. I think only you mentioned you are in for a quick trade ("I am here for a short term trade")? ... which makes no sense at all as It couldn't be anymore different than a quick trade imo. It's an interesting punt for a few bags on a significant asset sale like Celadon so long as you are prepared to leave it for as long as it takes... could be a week or could be a year or more... flipside is you get bored and probably get a haircut. So surely more a case of punt an amount you don't need and can afford to lose and just leave it... but good luck with your quick trade if that's your approach.
still in
Look like everyone wo has got in last week has bailed out with a profit and some people who bought this week are stuck.
Chapman, that's him. That's what you get for quick posting while busy at work. #checkyourfactskids
"0.27p worth bags it instantly of course (#joking)"
#LoveIt
But there is much more to this stock than Celadon when you dig into it. At work now so can't post, but there are many valuable skeletons in this cupboard all waiting to be forensically extracted and repatriated to shareholders. John Scales ex-US Prosecutor of white collar criminals has been put in charge by key shareholders to do just this. He's got history with other AIM companies. Can't recall ticker at the mo, cam?
someone who needs a new broker as it seems to still be 0.3 to buy... penalised for only punting £20 :)
*** The comment regarding Celedon in the SPPC HY report last Nov is what caught my attention initially ...
Should've read SPPC of course (not SPCC)
The comment regarding Celedon in the SPCC HY report last Nov is what caught my attention initially ...
"Celadon, a company which St Peter Port has previously written down to zero, recently reported to its shareholders that it had signed a deal to sell its main asset for a significant sum. However, this sale is conditional on, amongst other things, the proposed purchaser obtaining finance over the next twelve months. We will continue to monitor events and, should a deal be completed, St Peter Port may have to adjust its NAV."
SPPC are the only other firm invested in Celadon no ?... Cam ?
Puntymcfreakinpunt but a very interesting one for a few bob.
I'm sure Camkite must've been a truffle hound in a former life to dig these up.
0.3 to buy up to 800k atm then goes to .5 ?
0.27p worth bags it instantly of course (#joking)
Cam, If we're talking about Celadon's Chang tan west coal asset (the monster as I like to call it) Didn't the initial purchase (Chinese state enterprise) fall through? Was that 2016 negs? My understanding was this was a new buyer which showed up recently in SPPC filings and presumably started negotiations in 2018? Apols if I've got mixed up. Read alot about this a while ago.
33% currently
100% spread?!?
there may be another 0.27p order in the pipe :)
Thanks CamKite. I have a follow up question. Do you have any idea of timeline for that Sale. I'm assuming the sale is going to happen it's just a matter of when. Next few months or by the end of the year. Any indications?
Thanks camkite for the useful summary
Oh...yeah! Makes sense now. I think you need to work on your delivery mate. May I suggest a hashtag #sarcasm
Good grief.
That was the .27p buy that I posted about ... not to mention it was a joke about the liquidity of the stock.
Hard work sometimes.