Member Info for Adobong

I bought earlier this week and paid 23.7p but I'm happy. The more research I do the more I want to invest! Possible future infinite profits yet very little addition to costs to enable that wonderful scenario to unfold - what am I missing? Maybe other contenders? Maybe there's room for several? I wouldn't want to watch people play games but maybe this is 21st Century Football particularly as watching humans play football is so expensive - who needs humans?

Buys outweighed sells 36-1 today and the SP didn't move - shame about the ridiculous 25% spread. I'm very optimistic about KEA in 2015 - expect the unexpected! I'm hopeful that by next Xmas KEA will be valued at many multiples of its current £1.86m mkt. cap.

The only way is up! KEA is a producing oil company in need of finance. MSMN are about to merge with MEO who are already involved with KEA - it's a win-win-win unless I've missed something. Saudi Arabia's talk of $20 oil appears to have been dismissed by Mr Meerkat - would Venezuela, Iran & Russia really let OPEC bankrupt them?

Last week I was down 100% according to my stockbroker but now it's only 98% which might indicate something. Like all shareholders I want to see BHR sold for the maximum amount - I don't care about the so-called Directors who are supposed to maximise shareholder value but have failed dismally. If BHR was worth £120m not that long ago I don't see why it's not worth a similar amount now. Even £60m would be a good offer!

BHR in Administration is the best possible outcome! I can envisage the administrators fighting off would-be suitors. An offer of 0.5p might be enough but if there are several suitors then 1.5p might be attainable. Whatever the outcome I'm pleased my 98% loss wasn't diluted 1000-1 by the Directors who are supposed to be doing their best for BHR and its shareholders.

Maybe - I increased my holding by 367% today after the MEO/MSMN deal looks like going through. Will a rapacious MSMN want to takeover KEA for a fraction of what their unexplored assets are worth? I hope so!

After numerous dilutions the original takeover offer would now be worth around 1.5p which would suit me! And many other investors although I'm sorry for all those investors (including me) who paid more! Assuming BHR goes into Administration are the administrators duty-bound to get the best price for the assets? Even 0.5p would be a result compared to the present SP.

Please don't sell at a £60k loss - I've just invested! With lots of cash in the bank LEN is very well placed to buy some distressed assets at a very distressed price. Stick with it!

I thought 107p was a bargain at the end of September - I've since sold at a much higher price than today's and banked a loss. Surely FPM must be a takeover target at this price? But I think I will wait until it's bounced 10% - oil company SPs could be heading into uncharted waters.

My strong inclination yesterday to quadruple my holding was a good call but I never expected a 24% rise today! Maybe the share consolidation has had a positive effect for once? I'm still hoping that MSMN take an interest - they've said they're looking to invest in other prospects and KEA have a few which need financing and could prove transformational.

I came very close this morning to quadrupling my holding in KEA but couldn't bring myself to press the button. Meanwhile someone else was investing £36k! I've been so battered lately it's very hard to make any new investment. Whatever - if KEA is about to soar I'm on board.

This is all becoming even more depressing - as I see it, the only way to turn the SP around is to have a placing at 3p. It's not unheard of and would show that someone has some confidence in KEA.

Am I the only investor who thinks MSMN might be interested in KEA? I have a lot more money invested in MSMN than KEA but if they are interested I wonder at what price? At this level it could be the Bargain Of The Century - if MSMN are successful with their projects then buying KEA will be small change to them. And the only reason KEA is so cheap is because everyone thinks they won't find finance for their future projects. I rest my case.

Far more sells than buys and the SP didn't move. Could KEA rise from the ashes like TPET? Almost certainly, especially as it's in a far better position than TPET. If most of my other investments hadn't also plunged of late I'd be trebling my holding here which, of course, could also plunge in due course! No wonder AIM investors get wiped out eventually. But if you manage a few good calls the disasters take care of themselves. ...

KEA isn't quite a dead cat. I'm sticking with it in the hope that the share consolidation will be followed by a fund-raising which will finance further exploration which will strike it rich. Or maybe MSMN will take them over? A Mkt. Cap. of under £3m for a producing oil company does seem very cheap to me. All my oil shares have been hammered lately but I don't think the oil price will stay this low for long. Famous last words...

How about a placing higher than the current SP? It's not unknown and the SP would soar. I don't want to see KEA do a BHR - I deserve better!

Obviously Mr Meerkat knew this was coming! Hence the SP appeared so oversold. Existing shareholders can expect to be diluted in due course but KEA may still be an excellent investment if they manage to find a bit more black gold. I shall continue to hold in the belief that anything could happen! I've found that blind optimism is much healthier than bitter hindsight.

Apologies to anyone I've offended. Unfortunately, I still think KEA is a potentially good investment at the current SP. Obviously, widows & orphans might not want to invest but the rest of us might want to look further ahead.

I'm confident that FPM is a potential takeover target but so many other companies are too! Maybe I need to take a holiday! 3 weeks away could make all the difference!

You've really gone too far - let's see what happens tomorrow!