Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. 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.
CPX / Cap-XX Limited What a rollercoaster ride on the chart! But in a positive way. There has been a massive rise as from 5p in Jan 2017 to as high as 13p, that eventually appeared exaggerated. This is why a nasty retrace has kicked in, taking the Sp down to silly lows, like 7.40p and even 6p. Again exaggerated. One theory could be that someone wanted to flush out as many expendable holders as possible who thrown the towel on a big loss (usually PIs who bought in at 13p and cannot afford to hold untill 6p). Eventually in early June the flow of positive news started again, taking the Sp step by step to its former 13p level. The last urgent buy-alert came around 17th July around 8p, pointing to a new, long term rise. So the success story here has way to go (and I did not even look at one piece of news). Take a look at the 5-day tradig performance you'll see the Sp has peaked out around 13p, which seems exaggerated at this moment in time. Very very smart the one who placed an AT sell-order at 13p and will soon be able to buy back around 9p. The share has spiked way beyond the average support line. Never mind what nes is in the pipeline, the Sp will 90% sure-thing strart to retrace now. Thursday and Friday have been the beginnigs of the estimated 33% retracement. A good indicator for you is the MACD-barchart that shows day by day lower bullish bars that are soon about to touch the (bearish) mid line again. Best to lock-in gains right now (I hope you did already) and wait for the retrace to around 9.65p and 9.50p. There is a decent chance for this to hold firm at 9.50p, but still a risk to consolidate decently at around 8.80 - 9.00p Up to you. (Remember: You can always buy back in later - in any share! There are very few "bullish stock trains" that PIs have missed forever. At the same time you see IKEA warehouse sized "bottom drawers" full of shares that PIs are holding on to.)
Gustavio, Okay, so lets take a quick look at your two AIM plays: CPX and FDBK
I enjoy reading your posts: there is a calm maturity in them. I 've been doing shares ( mostly AIM, because > Elephants don't jump < ) with mixed success for 20 yrs now -- and have obviously identified certain patterns typical for the AIMarket. You seem to have identified charting's place as opposed to fundamentals and marketing rumours . IF you have the time I'd like your view on CPX and FDBK . ( Latter is waiting for its CE norm certificate which is expected to stabilise/boost sp) and blue ( 'Blockchain' seems to be the latest buzz word)
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
Bob, Remember one thing: Shares on the AIM do not move up because actual value is created in that moment. They only move up because of group behaviour (speculation) as well as company marketing (in many cases blatant betrayal). Now just one more thing: 88energy is sure-thing going to retrace further to as low as 1.10p and maybe the long term 0.80p. I guess a decent 0.88p value would fit this company, right? Now it is up to you what you do with this information. Think about it: If there was any value right now, then company managers and insiders would not have allowed the Sp breach the vital 3.25p and 2.60p support. Instead of supporting it (by lending money for instance), they spread the news amongst company insiders to sell there shares. This is why 88e has already crashed to silly 1.80p. The next step will go like that: You will see slow denting at the 1.80p mini support, and it goes to 1.78p and 1.75p. And then it will quickly spike down to 1.50p and 1.40p and the company will release some info explaining it. But the pressure will continue and sent the Sp to about 1.10p and as an overreaction to 0.80p. Here is where I will place AT buys. And now I will look at your second share "Leopard", which just breached the important long term support line.
Many thanks Chartist2. Fascinating stuff ubdeed. So kind of you to take all that time for someone you do not know. I found your trading startegy very helpful indeed, particularly the comments concerning 33% retrace and automatic sell should the share do 100%. I am tempted to say 88e is a special case as the spike to 4p collapsed due to widely held views that the RNS had been totally misinterpreted. But I'm sure you will have none of it. That's OK. The compelling argument however ,to me at least was that in 25 years a share had never risen sharply, dived and then rose again quickly to its former level. I shall watch with interest its behaviour next week. Should 1.75 be breached I will know you are truly on to something. Again, many thanks for that. I have learned something today which may well change my whole approach to investing/trading Finally, yes I spend a good deal of time in Panama.
Gustavio, How about a look into your online PF ?? Vislink did not swap any shares. They only done a change in name to PEB. Thats probably because the californian pebble beach operation is quite reknown. You now hold the same amout of shares - and you can still buy some very cheap - before the share price rises to about 8p in the coming weeks.
...Then sit back and wait for 88e to bottom out down at 1.40p and 1.10p as the final target.
---------- "...currently 'all in 88e' and expecting Red Leopard to spike any day now." Okay, so lets take a look at those plays. While we do that remember: Never all eggs in one basket!!! There is always something that can happen. Some CEO could suddenly crash in his helicopter, or other nasty events. 88energy: - The initial long term bearish alert came in mid May, when the Sp broken out from a bearish triangle, pointing to a crash down to 1.10p. This is what we are seeing right now. - After that came some "fake" share spike to ridiculous levels. Looks like it was "staged" to dragg more PIs in here. - Most recent sell-alert came at the end of June 2017 when 88e failed to hold and breached the 3.00-3.25p support line. This is a very negative signal, and this has been a sure thing sell alert. I hope that you and others did the right thing and sold 88e back then before you cam in on bord. - Whoever did not sell there was offered one final chance to get out when the vital 2.60p suport was broken. This has created a long term bearish signal for this share. Something has been breweing behind the scenes and lots of insiders probably sold to crash the Sp in such a nasty way. - Right now the 14-day stochastics show "oversold", so that 88e does have a chance to maintain a little bit of sideways. Not more. Unless you know that the company will do another (fake) RNS release. The most this could do is to rise to 2.25p, where the Sp will instantly bounce off and resume the long term down-trend. - If I would have to come in here as a new investor, I woud only be allowed to buy IF the massive 2.25p and 2.50p walls are climbed. Totally not possible as from this years view. In 25 years on the markets I have not seen a share rise heavily, dive heavily shortly after, and rise back to the former level. Impossible! Why? Becasue here at 88e something is terribly wrong that is not shown to the public yet. This share will resume its downtrend i.o. to bottom out - flushing out most PIs. Then the company will grabb their shares on the cheap. - If this does rise a bit till the mentioned 2.25p - maybe because the next two weeks see bullish main markets - then it will be one of the last chances to get out here. But currently the FTSE looks very very bearish! - As from Monday you will see small and hidden attempts to breach 1.80p so that no panick selling; it could be becasue some of the big boys are still sneaking out the back door as we speak - before they will let the Sp fall from a cliff. - Your next sell-alert comes IF the 1.80p support is breached, with a sure thing sell-confirmation IF 1.75p is breached. Sorry for the open words: With the main markets entering weeklong doldrums (Korea) and a sure thing bearish alert when 2.65p has been broken: Get out next week asap!!!! I hope you have no losses from previous hesitation. Step on sidelines and place an automatic buy IN CASE 2.30p is climbed. Then sit back a
PanamaBob, Ever been to that state? I work out the chart targets myself. Sometimes a few friends point to a handful of shares. Often I have my own favourites and check if its any worth. Usually I can get multiple-folds, but only from buying in and out. Normally after the initial 30% spike and the two days following 20-30% spike I usually sell and wait for the retrace. Each and every share sees a retrace which usually is around 33%. So I am comfortable with 50% gain, but will come back again and again until I have a multiple fold. If a share spikes 100% there is a traders rule to instantly sell. You do well with this, because most exagerated spikes are just that, and its best to lock in your gain. Always remember: You can always buy back in later! There is no speculatoive punt on earth that does not offer multiple entry points. Watch the daily winners and sit back patiently, like you leopards, and wait for the second chance.
I must have had some Vislink shares, literally bottom of the drawer.. probably dating back to SIlvermines, received a tiny divident cheque from time to time, then nothing, and last year a few letters which started mentioning PEB. Does anyone know here what the conversion rate was from Vislink to PEB and how I can find out how many I own?
Chartist2 Hello. Sorry to butt in . I found this thread by pure accident and couldn't help being impressed by your obviously well formulated comments. I don't do charts but just go on sudden volume increase and checking out the record of the CEO etc etc. Nothing revolutionary. Just a quick question. Do you obtain your tradesignals ''off the shelf'', or do you work them out for yourself?? What kind of winning percentages do you feel comfortable with?? if you are in a sharing mood perhaps you could point me in the right direction. FWIW I am currently 'all in 88e' and expecting Red Leopard to spike any day now. RLH. Thanks. Bob
Someone sure likes these: 11-Aug-17 13:59:24 / 4.24p / 75,000 Buy* 4.004.253,180
Share Price: 4.075 And everything is back to stable level. While it is nice to see 4p, I fear that someone is sneaking in here and will try to take PEB off the market in a hurry ...and then handover silly 8p or 10p to shareholders (while II's themselves could harvest 25-30p per share if the maintain californian pebble beach for another three years).
Matthew, brave man, we still ought to rafinesse this bit: There is no "garage sale" where merely slices of PEB are sold!! You, in negative expectations, are assuming that the banks (all of them) will want their money back at once - and loose all luctrative interest payment? Very unlikely. The money has been lend on a long term deal. IF we, us, some of the substantial shareholders, wanted, we could even get PEB to move away from UK (and all european banks) and move to the US. Right where the california operation is, and theres where we replace all former financing with fresh long term arrangements. The software company is running quite successfully and generating reliable income. Let's assume that one or another US bank will quickly be interested. The fact right now is that someone has been sneaking in here / coming in here under the radar, thats from 2p up!! Today the Sp is 4p. What to make of this? I think PEB, with the help of allied investors, plans to stabilize the running business and make themselves attractive for a suitor who buys the entire outfit - not cheap slices of it. Back in 2014 Vislink has bought a hidden gem in california. A company that had several other suitors circling them. Today, three years later, the businees has grown, and no matter who buys it (even if it does fall into the hand of the banks), it will continue to operate the same as yesterday. Todays 4p price tag / 5 mil Pounds is really cheap. And that formerly paid 15 mil Pounds is quite cheap for the fully operating business. Could there be a chance that a large US tech corporation swallows pebble beach and integrates it into their own oeration? Think about it. Then we are talking takeover time, with premium paid and at least $25 mil paid. How much would this leave us after debt..? Fifteen Pence per share maybe? Your turn for the homework!
Chartist - some homework for you - how much debt does the Company have. that will tell you how much of the £15m would be left over for shareholders once the debt holders have been paid off. Once you've done that, we can then discuss how likely a forced/panic seller (like PBS is at this moment in time) is to get a market price (answer - not very) and hence whether even the £14.9m is likely.. Then let's look at the current market cap and work out just how 'cheap' this stock is.
Mike007, How's your trading day going with the main indices? Right now we are seeing the long awaited 15-20% summer correction that was discussed on Cnbc.com several times. About PEB: Three years after the aquisition of the well established and well functioning californian business, this share could easily sell themselves for $20+ mil today. -------------- "March 2014, Vislink acquires Pebble Beach Systems for a total consideration of £14.9 million, comprising £12.9 million payable in cash and £2.0 million..."
The current retrace could go to 3.60p and even 3.10p. All well as long as we stay above 3.10p. Right now the high 4p buy tells us there are still buyers behind the scenes. Someone still accumulates for whatever reason.
Normal technical retrace now after the share spike. @Mike, scroll back in the RNS list (or google) how much Vislink paid for Pebble Beach purchase. This is the selling price.
Exactly Mike. Chartist, I say it because it's true- so what if it doubled in a week - over the last year, it's down 90%. You obviously spend all your time looking at graphs, so let me explain something about fundamentals. I said IF someone buys it you might get something like 8p. I would ascribe maybe a 25% chance of this, so 75% chance it goes to zero - which gives you a weighted average price target of 2p. So, not for me, and that's why I sold at 9p. If it get's back to 2p, then maybe. I wish you luck, but this a coin toss without the benefit of a 50/50 call IMV
Exactly how do you know what somebody would be willing to pay?
"If no-one comes in, then this stock will be worth precisely zero - the debt holders will get any proceeds to pay back what they're owed. You have been warned." Brave Matthew, That's a rather odd comment when coming to a board that has seen two weeks of substantial rise - as well as closing prices at the days high. Even if merely 8p..., if you came in during our mentioned bullish alert from 2.75p, so that's quite a premium, wont you say??
...is effectively bust. Great software Company completely overburdened by debt run up by the last management, a bunch of idiots and/or crooks. Two ways this goes - they do find a buyer (but they've been looking for a few months now), or the suitors sit back and wait to buy the asset debt free and on the cheap from the liquidator. in the former case, you might get a premium from here, but forget your 20p's - that's pure fiction IMV - maybe 8p if you're lucky. If no-one comes in, then this stock will be worth precisely zero - the debt holders will get any proceeds to pay back what they're owed. You have been warned.
I knew this was worth a punt, can't wait for the 20p mark now
Ready to rumble!