We would love to hear your thoughts about our site and services, please take our survey 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.
Ironic you think I ignore your points, how about answering this, which is not personal and quite pertinent.
exactly how would you fund the development needed to generate REVENUE?
sound will generate approx 10million a year from phase 1 and 40 million a year (net to sound) for phase 2. would you rather they didn't invest to generate this REVENUE?
actually, I know you would :)
Now hoping ( feudian slip hahah )
The question we all have which is what you will not answer im sure is why you post ?
i will freely admit i bought into JP's hype having been invested since the gerry orbell days and was suckered and made a mistake which has meant im not hoping for a turn around as i have averaged down but am still below water.
You should definitely keep telling yourself that version Crude.
Meanwhile, you, just like ktf and various others, completely ignored my point. You lot just getting personal or asking why i'm posting rather than challenging the substance of what I post (which is what I thought these forums were here for!) does nothing buy reinforce the points i'm making. Put up or shut up.
Kylie, what you conveniently don't recall is that when I sold a quantity of shares at 90p I actually anounced it, before I sold. I even said I was paying my mortgage off. Where your logic & that of others fails is that if I was supposedly 'in the know', why didn't others follow the imagined 'Pied Piper'? The reason is no one really believed or was prepared to back their (faulty) judgement! It is so easy to condem in hindsight but to back your real-time judgement - that's not so easy. So much more convenient to jump on the bandwagon & lynch the fella for something he was innocent of...but then when did a lynching ever need cold, hard facts!
Crudehope....."i got pragmatic about the whole thing....."
Are you for real, everyone knows you got the nod from JP. Pump and dump classic, and then you announced you were out around 90p from memory and mortgage paid off. It helps to have friends with connections hey Crude?
Why i'm here or anyone else is none of your business, nor anyone else's. Why don't you push back on the points I actually make (oh, you can't....) or have you just got a little flacid and lazy since the good ole days holding JP's todger whilst he rallies the troops ahead of your exit?
Turnoff - you honestly couldn't be further from the truth, lol.....
Itâs so funny to see. Heâs invested more than anyone else here, he just canât see it.
Kylie, remind why you are here? Is it not an option for you to cut your losses & run? If you are drowning under your purchase price wouldn't it be better for you to be hopeful & sit on those shares - or sell? Or maybe you've been here too long & grown bitter? I don't think you have been here as long as me & quite a few others. I've got pragmatic about the whole thing but also very optimistic that Morocco needs local energy & one day we will supply it. Hopefully, at that point, I'm still alive!
Cheers all....Crude
Tell me oh master investor, you say "but the use of debt, borrowings in any form is just other way of diluting down existing sh "
exactly how would you fund the development needed to generate REVENUE?
sound will generate approx 10million a year from phase 1 and 40 million a year (net to sound) for phase 2. would you rather they didn't invest to generate this REVENUE?
actually, I know you would :)
i didn't want to overly confuse you and complicate things ktf, but the use of debt, borrowings in any form is just other way of diluting down existing sh as it merely reduces future discounted cashflows attributable to existing shs, so there's another way that this ****show is merely openly (or in gl's way, less openly, to catch the niaive investors out) dilluting away existing shs. soon most will be grateful for 1p. there's no chance sp angel don't revise their target down to sub-2p (from current 4.6p) once any financing deals are published, if they ever are.......
It couldn't be of less interest to me what you think or do ktf.
fact is you have consistently been wrong, misunderstood and misinterpreted the situation here for years, and now have 3500 posts proving the true value of your opinion and view. I think you are financially illterate, and just don't understand some of the basics, such as the gulf between the company doing well or not over the medium term and an existing SH doing well or bad over the same timeframe. They are completely different, particularly given GL's MO of dilluting down equity and assets to the extent he is. There will be another large refinancing in the coming 8 weeks, the company have very clearly warned of this, for those that can bring themself to read the English that is stated in company statements. Another dillution to keep the team in salaries/bonuses, stretch this zombie company out just a little longer
Oh well,
you don't have a short position as no borrow is available for sound (I use Astec for borrow availability).
you might have a tiny retail cfd / spread bet but it would have to be tiny as no broker would allow that without borrow being available.
ergo, you are either trying to talk it down to allow you to buy in or you're just a bitter twisted little man who enjoys posting negative things about a company you have no interest in.
either way, it matters not a jot.
I'll take the views of the Moroccan government, Attijariwafa bank, Calvalley, Italfluids and the Sound BOD over the views of an anonymous bb poster anyday.
Kylie can't agree with the view of comparing JP to Graham.
Graham inherited a great number of obstacles that had the potential to bankrupt the company. He has diligently steered SOU past these obstacles to the point that first gas is imminent. Considering the amount of ducks he has managed to align to be in this position is nothing short of remarkable and to now slate him because he has not delivered everything to your expected timescale is not fair. Yes there have been milestones missed or timescales drifting but ultimately Graham will end up delivering proper future shareholder value and most of all stability. Comparing all this to JPs tenure is an insult to Graham's achievements.
For me and many many others, GL displays exactly the same traits as JP. it's easy when the wind is behind your back, but there's a bunker mentality and a refusal to repond to very reasonable investor/potential investor queries when he doesn't think it wants to explain the shotshow he's presided over. who cares if i posted when jp was around or not, i'm don't need to try to validate myself from behind a keyboard, unlike yourself. Anyway, fact is ktf, you've proven to have called this completely wrong. I am convinvced on the basis of facts that are open to any investor that this company is in massive trouble
You clearly can't read.
this line -> t if it wasn't for the b**lox about Graham being the same as JP.
and this one -> it's interesting that you have such a strong obsession with JP, but NEVER ONCE posted during his tenure!
âKTF. Every time you post something moronic like that Iâve challenged you to state what exactly about my post is âb0lloxâ as you so eloquently put it.
All the below are facts. Anyone that doubts them just look at company RNSs or SP Angel notes, donât listen to some bitter poster who has woefully got this company wrong as demonstrated by their own 3500 posts on a single company!!!!
No interest rate in bank loan RNS
SP Angel (company paid research firm) stated they canât value the shares without that data point, obviously!!
Company has missed two critical funding related deadlines (fact), and on neither occasion did they bother to inform or update SHs, fact.
Ktf, which of the above is bx then you utter moron???
LSE Admin - please can we have an edit post function to remove typos?
trenure is obviously mean to be tenure.
Is palpable and quite entertaining.
I predict 7am ish doom and gloom posts until we get the great news we expect (multiple items) and increasingly desperate weekend posts hoping to engineer a drop on Monday morning.
the irony is that some people might actually believe some of the things you post if it wasn't for the b**lox about Graham being the same as JP.
it's interesting that you have such a strong obsession with JP, but NEVER ONCE posted during his trenure!
Those that actually read and understand RNSs (not you ktf) will recall that JP (sorry I meant GL) sneakily left out the proposed interest rate for the proposed bank
Loan from that RNS. As such sp angel have been open about the fact they canât value these shares without such a critical data point. As an aside youâd have to question how competent sp angel is anyway given their last target revision was 40% lower as they didnât previously take account of any asset or equity dilution from the last funding round??!! Anyway, I digressâŚ. Interest rates are 4-5% higher over the last 20 months. This would equate to 9-11m usd pa additional funding interest costs, materially pushing out the b/e date and dropping by 20% future free cash flows and net earnings attributable to shareholders.
You can quote me on this post ktf when Iâm proven right on this point. More nuggets to follow over coming weeks but GL is basically no different to JP, that should be clear to anyone!!
Another week goes by and another SOU deadline missed. Another example of complete lack of transparency and honesty by mgt here, another week of massive cash burn and closer to another raise as there's no money in the bank from 1 Jan 2024 (read the recent RNS's ktf before you make a fool of yourself and deny this point). Missed banking loan long stop date, missed the CalVal funding date, pushed FID out yet further (only 3-4yrs later than JP originally said it would be due).
SP trading just off all time lows and 20-21m shares to be sold over coming days from convertible bond conversion (last RNS). New lows likely today, sub 0.75p and it opens up a quick move to 0.5p.
Long live SOU, long live ktf.....buy buy buy.....
Pescado, you really should refrain from posting nonsense like this.
âKylie75 . Phase 1 first gas until Q1 2025, you maybe right but Sound Share value should be up to ÂŁ1.00 per share then.â
Absolutely no substance in that post above.
You do realise youâre just fish bait for Kylie and Iâm not sure whom is the most annoying.
Bye byeâŚ.buy
Good luck with your attempted trade, don't get too greedy otr you'll lose.
expect you know that already though đ
As usual ktf, nothing of fact or interest in your posts at all. wonder why...
Kylie75 . Phase 1 first gas until Q1 2025, you maybe right but Sound Share value should be up to ÂŁ1.00 per share then.
So. Buy Buy Buy
Funny how you turn up today and not yesterday?
yet on Sunday you were so keen to spread the gloom, you wasted a lovely Sunday posting on here.
and before you say it, I can post frequently if I want as my day job (converts) keeps me in front of several pcs etc. all day.
how's the cough by the way? hope you had it checked out.