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I thought you were a professional ramper Harry. If you've run out of ideas look at renewable energy stocks. That's where there is real money to be made.
Actually he’s right. ‘Conventional’ resource companies with cashflow & proper assets are flying. Particularly the leveraged plays. You could have made 3x In oil & gas cos Tullow, Premier & Enquest in last 3 months. Why punt in things like this which have little hope of building real value? They can spike with a twitter campaign but you need to be lucky to get out in time & can’t play in any size. The aforementioned have plenty of liquidity.
name me some good stocks Mr Magic? You are talking a load of rubbish
That you Dan?
Good stocks are flying today.
RRR is 5.45% down and RGM flat. I question why anyone would even give these companies a 2nd look in the current buoyant markets. Too many strong companies out there to contemplate risking any cash in long standing AIM diluters imo. Thankfully I'm not one of the ones left holding the baby here after last weeks pump & dump but if I was, I'd be selling for a small loss, lesson learned and getting my money into any of the plethora of big companies that are starting to take off now that lockdowns are being relaxed.
DYOR
Their all gone to. Fjet
Yours is a common story Jay. Always ignore the pathetic shameless ramping of AIM lifestyle companies and instead look at the fundamental facts which are in the Annual Reports. Ask yourself:
Does the company ever make a profit?
Does the BOD have any personal skin in the game?
Does the company repeatedly dilute shareholders?
Does the company have any income?
Does the company spend preposterous £millions on Admin?
Simple really.
RGM ANNUAL REPORT RESULTS
===========================
2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000
Total Losses above - £21,333,507
Total cash raised above - £10,245,634
Total Admin above - £6,560,120
Total avoid for me
The pump is over here imo. SP will drop back down to 0.7p levels now imo
DYOR
- 200,000 shares.
Balance: 300,000 for now!
You’re exactly right Mr Magic. I support you.
MrMagic...exactly
Same old lame ramping Hawaii?
At the outset of Feb you posted this:
"Currently the stock is well bid and the buyers are slowly taking control, when this moves it will be fast, you have to be in it to win."
Shameless stuff ! The SP was 3p at that time. It subsequently fell to 0.7p levels. A loss of 80% of the value since the consolidation at Christmas. Thankfully I didn't pay the slightest heed to your silly sound bites designed to lure in the naïve.
Last week's pump and dump is clearly over imo. Those who are left holding the baby should learn the lesson and move on imo.
This will drop back down imo and the next bout of worthless confetti will see it plummet lower. It always does as shown perfectly by the charts.
The business model here is one of constant confetti issues and high expenditure on salaries and Admin. As a result the SP will always be decimated.
Total avoid for me
DYOR
There does appear to be more enthusiasm for RGM over recent sessions with volume in the stock picking up.
AIM is as leaky as heck, something going on in the background to justify I wonder ?
CDF1 - "maybe my money would be better invested elsewhere for now"
Pretty much anywhere in fact ! imho
DYOR
MrMagic - Ok, my thoughts, tbh I like you think most of the big gun investors have done one, but please prove me wrong if you are still here!? It’s been weeks since any have posted anything positive, although I did notice that one did post on Twitter this week about 3 large sells, how bizarre eh! I’m currently holding 500,000 shares, these were bought as long-term investment. When James Parsons was appointed as FULL-TIME Chairman my thinking was that he would add plenty of overall value to the company moving forward, at this time I am not convinced of that one bit, especially as his role is now part-time! I am fortunate that I hold many other shareholding, and in other sectors of which are fruitful. This share is not giving me any confidence at this time, so I’m starting to have second thoughts, maybe my money would be better invested elsewhere for now!
Koenvhaver...... you literally joined the other day to post this one thing, you new fake accounts need to have a little creativity lol
Gone, job done imo
Watch for the holding RNSs imo. If YA/Riverfort sold their 18m shares then it has to be declared. With 168m shares in issue 1% of that would be 1.68m. Correct me if wrong but I believe significant holders of more than 3% must RNS every 1% movement up or down. The shares I presume became unlocked 2 weeks ago on June 1st. Should have been an RNS by now if they sold a significant number of those shares imo. Thoughts?
Where have they ALL gone ?
Where have they ALL gone ?
Losses incurred, cash raised via placings etc, amounts frittered on Admin
2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000
Total Losses above - £21,333,507
Total raised above - £10,245,634
Total Admin above - £6,560,120
Directors keep paying themselves despite the yearly losses made. Just look how much of the raised
cash disappears in Admin alone !!
DYOR
I am following this share and this forum for more then 6 years. I was once a shareholder. It’s unbelievable how this management can dilute and manipulate this share and how they pump this stock. I am from
Belgium and read already more then five years the quotes from Zumore who I respect enormous. Sorry for my English.
You've missed out the most important. He is a director and shareholder of C4 Energy. The latest results there show £2 cash in bank. How such a company pays for the debt in various companies it buys, I do not know. It's like the feeding of the five thousand. Perhaps instead of the next cash raise at RGM, Mr Parsons could bless a fiver and turn it into the needed £500,000.
Below are the current positions he holds, now correct me if I'm wrong here but how can you be the 'MAN' at the forefront spearheading change if you are also active at so many other different places!
Ascent Resources Plc - (Chairman) - Part-time - Mar 2020 – Present
Regency Mines Plc - (Chairman) - Part-time - Dec 2019 – Present
When the above position was taken in Dec 19 it was clearly stated as being 'Full-time', since then he has taken a position at Ascent Resources Plc and he is now classed as Part-time at Regency Mines Plc!
Coro Energy Plc - (Chairman (Non Executive) - Dec 2017 – Present
Echo Energy Plc - (Chairman (Non Executive) - Mar 2017 – Present
Perhaps ALL of these appointments are part of a intertwined BIGGER plan and WE will ALL benefit as a result!!!!
DYOR
Steven4 - "Someone 4 sure unloading shares on any rise"
As posted earlier:
From RNS 7th Feb:
"The balance of 18,174,545 shares held by YA PN II Ltd and Riverfort Global Capital will remain bound
by the existing provisions of the lock-in agreement and are therefore not available to trade until June 2020"
https://www.lse.co.uk/rns/RGM/partial-release-of-lock-in-67k7w1pzih7e966.html
18m shares were unlocked plus 30% of the remaining RRR holding was also unlocked.
The lame pumping began at that point. Coincidence? You decide. It remains to be seen whether YA/Riverfort and RRR are dumping but that would be my guess.
This will imo plummet back down to 0.7p levels again at which point the traders will try for another bite at the cherry imo.
Suckers game.
Absolutely no need whatsoever to consider putting any cash in here when there are so many good, sound stocks starting to take off which are bagging and which will continue to do so. RRR and RGM are merely pump and dump stocks for the naïve imo hence I stay well away.
Don't get left holding the baby here imo.
DYOR
Doc could be eating his Dick lol
Regency Mines Plc (LON: RGM) the battery metals and flexible grid solutions company announces the partial waiver of an existing lock-in agreement over 7,789,091 shares to enable a block trade to new investors and the lock-in of all remaining shares currently held by Red Rock Resources Plc.