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---------------- "...drive stock prices in the end. Terrible figures today." By the way, what is your interest and rant in this share anyway?? Did you hold a severe loss from the 10p days? Or the 35p days?? Pheeew, sorry, too bad! Maybe you should have jumped ship back then? If you scroll back you'll see a bearish chart alert during those 40p and 35p days. I don't give a flying pigseye about company fundamentals. They have little meaning for a daytrader. It is the Sp that always speaks the truth. The share price (= thus trading pattern) is all we need to know to make the BUY or SELL decision. 1) This summer the trading patterns signaled a bullish trend to as high as 4p and even 5p. Never mind the exact target price ...and your continued rant. The Sp kept rising. 2) The Sp peaked and signaled the breach of vital support lines as from 3.50p / 3.30p and 3p. This is all I need to know about this share. Right now the chart tells me to stay on the sidelines - while you spend time to read more negative things (the company news). But each to their own!
Sorry Matthew that you had to be reported, friendly idiot :)) There is no way around that. Since PEBs rebound from 2p and 2.65p to as high as 3.75p, I'd say those have been some very neat gains this summer. All based on NO news : )) Ha ha!
Automatic sells triggered as from 3.50p / 3.30p and today at 2.90p. Always best to work with a trailing stop in my opinion. Now placing new buys as from 3.30p, in case of a sudden announcement. It looks like the last up-trend this summer - as signaled from 2.65p - has been staged artificially by insiders and their financial allies who simply wanted to maintain a higher price range, but already knew that the half year report wont be that good. There is little other explanation for that summer recovery to as high as 4p! Happy on the sidelines again and waiting for the next trigger.
I do not "believe" in a share - nor fall in over with a share. I do not believe a word that a PLC director is saying unless the share price shows the truth. PEB like any other share is just another trade - or actually bet - placed on the London Stock Exchange. This is the state of affairs in the year 2017. (Yes, I wish it would be 1995 again and the good old times with Cable & Wireless, but unfortunately those times are gone. The world has changed too much.) (Today vast numbers of highly educated 27 y.o. sitting on 1,000 Euro jobs all over Europe, who will never be able to buy a flat. At the same time each and every employer is coming under pressure from unfair competition around the world - and who will never again be able to give secure your workplace.) What to make of this? Adapt!
---------------- "Why would you assume people bought at the bottom - in reality, seldom do - more luck than judgment in my view." Maybe because some peeps on this bb here gave a dozen BUY alerts for this share when the 2.65p line has been climbed. Okay? Matthew, so there is the misunderstanding: You are referring to yearlong holders of this share who must be sitting on a severe loss. While I was speaking about a new opportunity when this bottomed at 2p and later triggered a long term bullish alert when the 2.60p wall has been climbed. -------------- "I don't see investing in the long term as risky - quite the opposite if you've done your research and can ride any volatility..." I strongly doubt that the normal day trader (like me) with his 12k or 15k quid invested in a share like this will be ready to sit out the volatility from 5p -> down to 2p. No way Jose! If this aint performing, then out - I need the dosh for my other fifteen positions in the portfolio.
Why would you assume people bought at the bottom - in reality, seldom do - more luck than judgment in my view. I don't see investing in the long term as risky - quite the opposite if you've done your research and can ride any volatility due to (idiots?) trading then you can wait for the thesis tom play out. It's' what Buffett does, if you've heard of him. Gambling on penny stocks who's outcome is completely uncertain - now that's risky.
Which was my point? This was my point: "I assumed that people (me & you included) bought at the 2p bottom. Or at least during our mentioned sure-thing bullish alert as from 2.60p." Matthew, I assumed you also bought in during the 2p days. This caused some misunderstanding. And another thing: I don't invest for long term. Too risky these days. Simply identify an undervalued share (totally agree with you) and then look for a twofold at some point. (Once again, sorry, for my muddled foreign English!)
Don't know whether it's your muddled English or your muddled thinking, but I don't really understand what point (s?) you are making. Yes you can point to situations where stocks get oversold, but there are just as many examples of value traps where the stock just keeps falling. Punting on these is simply guesswork and gambling, so your argument that you don't gamble is complete tosh. I make my money by identifying long term undervalued stocks, and holding long-term. By liquidity, I'm talking about from an institutional investor, not a small PI like you and me. It's the institutions that really move share prices, not us.
Stop posting off-topic - post below irrelevant to PEB.
Matthew, brave man! So this is our main misunderstanding that cause our discussion: I for one was not looking at the past. I assumed that people (me & you included) bought at the 2p bottom. Or at least during our mentioned sure-thing bullish alert as from 2.60p. All of these people should have a nice smile on their face today. "Highly illiquid"...? Back then I for one was able to place a large buy at 2.75p and got within seconds executed. Normally here on the european mainland my bank takes up to 5 - 15 min. with certain stocks. They bought PEB instantly, I can sell PEB instantly. ------------- "I don't but stocks unless I can see a fundamental reason why the business will not be a success longer term, which includes staying solvent - not enough visibility for me here." I bought some PFG/ Provident during the one day drop for around 500p. I can sell today for around 770p. Business model? Man, we are traders / investors! If it rises it rises. If it falls, it falls. Whatever it is that manages to rise! The good old formula to get deeply involved (and fall in love) with a public listed share has not much meaning today.
Panamabob, and Red Leopard has nopw drifted to 0.24p. The drift towards 0.15p continues. ---------------------- RHL/ Red Leopard going down to 0.15p. Sorry for that. Normally I am not looking at gambling shares where you have 90s youngsters throwing in one grand and see if it goes to 100 or to 0. I for one dont do betting for instance. I simply hate betting. Maybe because I cannot stand to loose money. Not even a houndred quid. Speaking of betting: - Buy on rumours, sell on news. Everyone is waiting for some special news..., but there wont be much in it because there is no insider share hype whatsoever, but the share is rather retracing since weeks. - Director buys in early June were to distract private investors. Since then none of them - and none of their friends - have boughtin here. If they did buy, then this share would trade above 0.30p. - Friday we have seen a small percentage rise, but this was only a technical correction within a newly started downtrend (since 0.30p broken). - Long term bearish signal has been generated in mid July, when the Sp struggled with 0.28p. This is pointing to a retrace back to the support during the first spike this year. - IF 0.25p support is breached, then instance retrace to 0.23p and 0.21p where this has one last chance to hold. But it wont hold and retrace down to about 0.15p and 0.11p, the prices of the initial spiking days. - Next week: There might be the RNS, and remember to sell on the actual news. In 90% of the cases the released news is never as good as peoples hopes and dreams. Currently this sees a several day technical bounce up till about 0.295p. So this gives you a good exit point. At that line the Sp will bounce off an end. Here the Sp will bounce off and resume its weeklong down-trend. From todays view: Only buy back in here, IF the massive 0.31p wall is climbed. Always DYOR: http://www.lse.co.uk/ShareChart.asp?sharechart=RLH&share=red_leopard
If you got in at 2p the bully for you - all I'm commenting on is what the price does from here. I don't believe technical signals have any value for a binary stock like this one. By definition the past is now irrelevant, only how they deal with and try and survive their current situation. I disagree with your 'large buyer argument' - stock is illiquid and frankly akin to casino gambling. Even a modest buyer can push the stock up and down a long way, whilst there's lot's of gamblers prepared to 'punt' on a stock at this price - it certainly doesn't men they have any better idea what's going to happen than you or I. I don't but stocks unless I can see a fundamental reason why the business will not be a success longer term, which includes staying solvent - not enough visibility for me here. Good luck to you, but I do hope you haven't bet more money here than you can afford to lose.
Price looks stable now. But strong upper barrier at 4.45p. Wonder if "they" will let this simply flow sideways.
MattTheBrave, good man, Obviously you've guessed right and noted my poor foreign English skills. You come to Zurichlake one day at lunchtime and try to discuss chart alerts in Switzerdütsch with me, okay? : )) I agree with several of your points. Fully agree. But here just a few things: - Some of us are in here since 2p. Today the share price is 4p, correct? Good, because this already means a fat gain. - Several signals show that this could rise to 8p rather fast. I dont know the news-reasons for this, but a rise to 8p would mean a fourfold. - Only a large buyer could have started this strong rebound from that 2.65p and 3.10p buy alerts. So who has bought in here? Who has become interested in this company? Food for thought, Matthew.
All right then, gustavio. (One of the trading desks in Zurich came up with six or seven shares on FTSE and/or AIM, which have new, long term chart alerts. I filtered those down to 4 stocks with LT bullish alert that has merely been gereated recently.)
try to pm but don'thave premium account. mail to gessler1753 at yahoo dot co dot uk
Chartist - Re your (quite extraordinary) post from Thursday evening - I'm guessing that either English isn't your first language, or you're 17 years of age. Either way, it's clear that you don't know the first thing about fundamental investing, and I'm not particularly convinced about your TA skills either). I realize that you are probably beyond help here, but with £12m in debt, even if they got £15m for the PBS asset (which I doubt), that would only leave £3m for shareholders after the debt has been repaid which is less than 2p per share. However, as they are now panic selling the firm, it is doubtful that they will even get this much. The Company is now being run for the banks, not the shareholders, and all they're worried about is getting the loan paid back. If you don't believe me, I suggest you get the 2016 R&A and read the interim chairman's report - it's clear the mess they're in. You're welcome by the way.
Ok gustavio, so then lets take a look at a handful of shares this afternoon, sometimes after 7 PM. Just drop me any throwaway mail of yours (avoid the at-symbol but simply type in "at").
yes, definitely interested to hear about the shares you select for their potential. ( perhaps I should have added to the list of factors that make up a potential winner the crucial one: 'support/ investment from the insiders/ pension funds/Institutional Investors ' you seem to be clued up on that as well... so please ..Thanks
--------------- "...so the task is to identify shares that have a real future, ie create value ,and be patient. and not be carried away." Gustavio If you like, I will tell you and identify those shares.
Lots of quality experience there, Chartist.THanks. Anybody who actively watched AIM over the years will confirm some of your 'cynical' views re sp behaviour and patterns... so the task is to identify shares that have a real future, ie create value ,and be patient. and not be carried away by the noisy shenanigans.. With regard to Feedback I like the story , but again there seems to be some questionable going ons with bod and another co called Flying brands, The PI s are told that granting of CE mark will be transformational, ie multibagging,... but you are right to ask why those in the know have left the ship.... Thanks
---------------- "....both 88e and Red Leopard are both due what is being trumpeted as ''tranformational news'' Buddy, these kind of things are very rare. Especially with a share that has done nothing but go down. Always keep in mind: If there was a sure thing event ahead, then you would see buying behind the scenes - thus the price would rise. But in both of your plays the Sp has merely gone down. Especially the development at 88energy is a slap in the face of thousands of PIs who must have been soaked in during that 3.30p and 4.00p rise, and immediately after been carried to the slaughterhouse to chop off 50% of the share price. Very few people can survive this sort of crash. Its a shame for this (#1 board as you say) to expose their shareholders to such a crash. The inability to hold 3.30p has been an urgent sell-warning. Everone who obeyed have saved their neck. The last sell-alert was at the mentioned 2.60p. Maybe now, this ridiculous 1.80p already atcs as the bottom. Like on Friday, that 1.82p will be tested again and if 1.80p is broken (if you see 1.78p on the screen) make sure to sell, as 8energy would go to 1.10p. I hope 1.80p holds firm. Best of luck! Great research tool offered by tradesignal-online. Yes, take a minute, go and savout that ridiculous 88e performance on the candechart: https://www.tradesignalonline.com/app/default.aspx?op=new&id=23018428 That sort of crash must have an explanation that is not know to the public yet. No other explanation for such a crash.
Well your ideas can easily be put to the test as both 88e and Red Leopard are both due what is being trumpeted as ''tranformational news'' 88e is currently undergoing a ''shut in'' on its Icewine 2 drill in Alaska.It has a huge following and the Board are considered genuine and are the top people in their field, So if your ideas can 'buck the trend' and 88e hits 1.20 or less I'll kmow I should become a Chartist and use the types of skills you employ. I hope you are wrong--but I can see you really believe what you say and obviously have the experience to back it up. So we'll wait and see, Same applies to Red Leopard.Currently a reinvented Shell, investors await news of the first acquisitions. It is expected to multi bag on the news, Again we shall see. You mention the ''Bullish Trigger'' as being the signal to become interested in a security.Do you screen stocks to determine which are Oversold as per Slow Stochastics?? ie 20 or less.?? I have been doing some research over the past couple of days? Then in view of the Oversold signal, take careful note of what seems to be a fairly dramatic increase in volume, thus indicating a renewed push North? That is something I'm going to pursue and would welcome knowing if there is a site which allows settings which show Oversold/volume increase pushing 20+. It's a fascinating subject and lots to learn. Any thoughts??
FDBK / Feedback Gustavio, forget "the magic news"! Company insiders know everything already. While they might pull a rabbit out of their hat, this will be only to paint a nice picture and FDBK will still go down now to about 1.75p. - Urgent sell-alert came in late June when the price fell through the vital 3.60p, 3.50p and 3.30p support lines. That huge sell-volume tells me that people in the know / company insiders sold back then. They would not have sold if they knew anything great ahead. - All this is confirmed by the inability of the company to maintain the price above the important 2.50p. The fact that they let it slip below tells us there is something ahead... - Most recent bearish alert was the slip through the crucial 2.44p line which created a gap down, somewhere to the good old support lines as from 1.75p and 1.50p. - On Friday there were only few trades and stochastics show that FDBK is a bit oversold. So relax, and expect a technical bounce up to about 2.50p and maybe even 2.60p, where all good things come to an end. This comes within the next 7-10 day timeframe. - If FDBK does not rise above 2.50p very soon (which is very very unlikely), then the Sp will retrace to 2.25p. This will be the final bearish confirmation for the mentioned 1.75p target and possible 1.50p (the long term low). Try to get out with the upcoming last technical bounce up to 2.55p. Then wait on the sidelines to buy back in as from 1.70p...
CPX Mid price 11.25 Conclusion: The fair value of todays point of view is 8.50 - 9.30p. A big difference to last weeks 13p exaggeration. If I had to buy CPX asap I would have to wait whatever it takes and let it consolidate. New bullish signal ONLY POSSIBLE IF the massive 12.50p barrier is climbed. Your long term bullish confirmation comes when the 14.15p wall is breached.