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.
I mentioned this to ceo on multiple calls but he does not listen. That is the issue.
Talking about 8pct of market when you cannot get anyone to give you a couple of mill usd to ramp up to break even is nuts.
This is biggest issue, this is not executed professionally.
Dfs. Offtakers, financial forecasts and contingency built in
Sadly run like a small family business. Have a go and debug it later.
Personally i cannot see governments taking the company seriously for grants, especially given they could not get their accounts made on time
Plaza, what is the significance of 40 days since the Director buy?
Directors can buy at any time other than the 30 days prior to FY and HY results. There is no restriction to any dealing (buy or sell) even if news is expected (imminent!) so long as they get the correct approval in line with company policy on staff dealing.
The director dealing is a red herring, imo, in terms of any news that may be in the offing.
Delay of the receipt of the VAT refund is only highlighting the bod's continuing issue of over-promising and under-delivering, they need to learn to realistically manage expectations and take care with the wording of their announcements.
Despite my positive stance here, this is an ongoing problem with the comms and just helps to reinforce the negativity that some are keen to jump on at every opportunity. This needs to change
Of course it's real, they've been receiving it each year since producing with $1.35m received previously.
'Imminent' to me always meant that that was what was coming next, i.e funding coming from this rebate rather than a placing, so far so good on that front although the longer it takes I suspect the slower any on the ground progress is made.
If the next update shows they are still only at ~1000tpm/12000tpa they should probably stop putting out the nonsense spiel of targeting 400000tpa by the end of this decade.
Well, 8 days since that last post, and now over 40 days since the VAT refund was declared "imminent". At best, this is creative use of the English language.
At worst, seriously misleading, perhaps bordering on criminally so. Will it ever arrive? Was it ever real in the first place? Who knows?
Graphite price on the move upwards I see on https://www.asianmetal.com/Graphite/
Over past 30 days .
Nice
Someone said 4 weeks tomorrow since Director buy .
So tomorrow possibly news about the Germans or very soon after , you never know when the RNS is coming .
Even better a Good update , VAT in the bank , and BMW , VW want our graphite . Wishful thinking possibly mm .
Agree Scotty! Graphite prices on the rise, that rocket moment hopefully nearly here, possibly an easy multiple from here tbh
I would definitely like to see these shares on the move but I'm afraid there will need to be some catalyst such as significant changes in the board and management. That will then lead to the capital markets (both debt and equity) re-opening for this company. It could be a great company if these changes take place so I hope they happen soon! Access to capital will allow the company to correct the situation in Madagascar, start to develop Mozambique resources and broaden/strengthen activities in the downstream sales and value added products
Price seems to have stabilized a little at these absurdly low levels, so I have been starting to build a temporary position once again since almost a year ago, when this was up in the high 30s and showing signs of rally weakness.
It does feel risky however if it does pop, it feels like it could be rocket a very significant % from these levels... risk / reward
I continue to hold TGR shares.
What about Pending?
Most people’s definition of imminent would be a few days after the statement was made, but RNS rarely reflect the normal rules of language.
One month on, I think we need a new word to describe the probability and timing of the aforementioned VAT refund.
I am still a long suffering shareholder.
Is anything imminent?
To be fair, this is one of the few boards I have been on in the last 6-7 years where I can say there have not been a raft of rampers.
This board is one of the quietest I have known for the majority of my time invested.
Most have just been positive and taken what the bod have said and done at face value. That is not ramping.
There has been a definite change in sentiment, and that is down to poor SP performance, uncertainty and lack of transparency from the bod on cash, contracts, company structure, governance, etc. Possibly exacerbated by the suspension last year which seems to have been the catalyst for the big sentiment shift from posters here.
I still maintain that I would rather be in a producer than an explorer hence why I averaged down from my initial small purchase at 1.01 more than two and a half years ago.
I agree this is not perfect, but no company is. Looking purely at SP does not tell the whole story though.
I am still to be convinced that this is anything other than a hold given my current holding but certainly understand the views from both sides
gla
Hi again Saluc,
You will find they are quite shameless and describe in a. lot of detail the business they are doing. Please don't accuse me of lying. Sadly everything I have been saying is based on facts.
If you want to see improvements in the company you should support the very sensible suggestions that @FreeTirupati is making. They are all things that are normal and will help the company to perform better
Hi Saluc,
Link to Pranagraf website
https://www.indiamart.com/pranagrafmaterialsandtechnologies/profile.html
Just scroll down and read the "about us" section.Its very interesting and not the only place where Pranagraf "impersonates" TGR
Happy reading!
3 posts ago you said TGR was being taken private by management..
I hate say it people here who say the company doing well. Don't even listen to them. Look at sp. I lost alot money with this company and listen to rampers last 3 years.
Never buy penny stock and listen to paid rampers say the company do well.
More lies from the Freetirupati group on X, “PranaGraf is a fully integrated, natural and specialty graphite and graphene company, with operations spanning the full value chain. It is developing projects for natural flake graphite in Madagascar via two projects -Sahamamy and Vatomina Project” What about #TGR? #FreeTirupati..
Just checked their website out of interest as the X group claims PranaGraf is impersonating TGR, couldn’t find it anywhere, happy to be proven wrong if you can provide a link to prove this, or will you stay in your box now you’ve been caught out in another lie?
Tell me one thing I’ve said that isn’t true, I know I can list a few from you..
gaisan your not wasting your time posting very relevant and informative information on the poddars and their tactics to line their own pockets. saluc is a paid ramper. he will trash anything that comes across as negative to ****shir's motives. he's blinkered. ignore him. we need a shareholder meeting with management who are clearly afraid to face us. crooks is what they are and they will be cought. dyor
If improving the corporate governance in order to make the company investable again is not clear to you then so be it. The only way to do that is by appealing to shareholders as the mgt refuse to listen (and we've tried). And if you think a company with no independents on the board is a good prospect then I give up. Don't take a look at the books as you may get quite a shock! There is a reason why the company has "tight working capital conditions" - I wonder who is naïve here. I agree with you that this company should be the leading graphite producer outside of China and that is what we are trying to promote. Shishir's travel schedule is an indication of broader problems but you try to trivialise that. Unfortunately it's quite serious. I will stop posting now as I'm apparently wasting my time.
Imminently
If that’s the case any logical person would cut their losses and move on. There is an agenda and it’s not crystal clear.
I couldn’t care less if Shishir lived in Madagascar, I backed this company because I believe that not only does TGR have incredible potential, it’s already operating while year on year growing its customer base, even getting enquiries from china, the graphite industry world leader. All this has been achieved with “very tight working capital conditions“. Instead of focusing on Shishir’s travel movements, have a look at the books and see the company he has built.
Very naive of you to think you will have any input into the future of this company by complaining on X.
Oh and by the way we are long term holders unfortunately. My personal average is over 50p so not sure how bringing all the bad behaviour into focus that explains why the sp is so bad helps us. It’s the only way we try to get some change but it’s obviously not easy. Needs shareholders to revolt en masse but a lot of them still believe in miracles
Hi Saluc, our agenda is crystal clear. Indeed we would like some decent corporate governance and performance from the company. Is that so strange ? Dont know what is not to like? You think we somehow have a “cunning plan” to make a ton of money from this situation? We would like to get the sp up by getting some constructive change but hey thats pretty crazy! Just look at the facts. How can anybody sensibly invest in a company that never hits any targets and is run by a cabal of three related parties using other peoples money. Did you also know that Shishir has only been to Madagascar twice in the last 5 years. Amazing stewardship really. Whats your agenda? If you have a good one we will support you!