Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Ariel ignore Neptune’s buddy don’t rise to him.
Arborman Yes I agree. I was down considerably more, and broke the golden rule of chasing a loss. BUT the reason I continued to invest is because after the initial crash we got some news, and then a little more and then the offer..... So instead of dumping it I decided to run with it. I have been in the satellite communications/digital business for over 30 years and decided it was about time I attempted to try and catch a new technology in the relatively early stages. As has been mentioned many times before, this stock has the potential to fly,........or it will crash and burn! So far Proxama has survived, and like the investors many at Proxama are 'Willing' this to work as they have lucrative jobs. Sometimes the thought of signing-on and not being able to pay your mortgage is a great incentive to work harder. I personally think 3,746.15% to 1p is a very attractive incentive to buy even a small amount. Currently �270 for a million shares that at the height (2p) would have cost �20,000....... News would be nice! All imo dyor
Aerial, being down 25% is a position many holders here would love to be in, I imagine many (like me) are down at least 50%. Good luck with your investment, I personally think PROX will do well, it has just taken them time to find an angle in this market which can generate profit.
There has been a jump in the number of twitter people following Location Sciences over the last few days. It's still only 91 at time of writing, but its a start!
Neptunes Acknowledgment is not something I seek or require. I post what I post because I like the game, and on this very tetchy bb I attempt to stimulate some genuine dialogue, which is very difficult when even the apparent holders can't wait to have a pop at each other. In answer to your question I am down a quarter (-24.64%) to be precise.
Aerial. Just because you feel it was condescending doesn't mean it was. It was a genuine gesture. Surely you was looking for some form of acknowledgment considering you tell the world (well this public BB) your every trading transaction. I'm not particularly interested in your 'capital investment' - if I was to ask anything it would be, 'How much is your current profit or loss?' As I said before, GL.
Going the right way
My observation is that wherever i go, even the underground stations, seems to know what i am looking at, where i am and what i am inerested in. Surely Proxama has something to do with this. This also is gathering momentum. Has anyone else observed this?
Boffster Yes I agree, and think it's fair to say anyone buying currently is basing it on their current understanding.
sceptic2 Yes 20m, and worth less than I paid for them. I don't have a problem with that neither should you. I'm just taking advantage of the current 7,447.17% discount. This (for me) is a punt that 'could be' very profitable. You win some you lose some, but I have been very fortunate to-date,.....in fact only lost two over many many years and both were financials in the 2008 crash, but made it up plus some with a fantastic Option against RBS that no one wanted. I thought 10p was very cheap. They (RBS @10p) don't come along every day, and sometimes it really is worth the risk!! All imho dyor gl etc
Location sciences are new start up but technically still related to Proxama with its bad reputation of unachiver aim company. That put most of investors and traders off until some revenue numbers will be revealed. If that would be completely new player people would be jumping all over it with high return expectation.
While there is of course no guarantee that Prox / location sciences will turn to profitability, it has a new direction, new management and has been refinanced, so it really is unfair to base the company's prospects on its past.
Please do the sums for us. You have 20 million shares, how much did you pay for them? It must be a lot more than the �5260 they are worth at the moment. You keep saying you are averaging down, stop kidding yourself!! You made a bad bet to start with and for some reason you want to add to the pain.
Neptunes Not sure why you felt the need to make condescending reply to an innocuous statement of fact? Do you have a problem with my �500 of shares? Do you have any idea of my capital investment in this company?...
Congrats on buying approximately �500 worth of shares. Lets hope there is a positive contract announcement this month. The 'technology' you love has been in existence for decades under private and military organisations. The focus is better than the 1 metre and has been so for the past 15 years. Processing speeds and the the growth of reusable rockets space has led to this. GL
That's me fully loaded for now with 20m
at pace. UK Earth-i today lunched their 1st visual data satellite that can identify objects down to 1 metre in size. Love scenic & technology
Will soon be added to the share count bringing shares in issue to between 18 to 20 Billion ! The question is will they start offloading ?
Back to the sewer for you
Get ready to rumble
Kencarv Perhaps I should have worded that differently... Being a relatively new investor (but pre crash/offer etc) I don't have the historical knowledge of many here. Usually investors in a stock are waiting for results, licences, reports financials etc. I don't know if we are waiting for something in particular to happen next,......or we have no idea of our status and just live in hope?.... .My guess is we live in hope!
Nothing specific- why would I know anything specific. Location sciences are producing a range of products to use the Beacon network and transform location data into a tool for brands to use either for insights to target audiences or provide ROI on advertising. Mark Slade should have been working on this intensely over the past 6 months and I expect an update to hear what he’s doing with the money. Hopefully the employees haven’t been dossing around, as he strikes me as somebody who will struggle to push staff.
TrickyNic Yes you and me both, and fingers crossed is about as much as we can do!
Kencarv Any idea what we are expecting, like anything specific?...... Financials should be soon...
I just spend my life with my fingers crossed aerial, hope you are right.