I sold. Wish it was profit taking, but £20 loss having sold for exactly same price I bought at almost 2 years ago. I don't want to get locked in for that long again, would much rather wait for it to drop again before buying. Maybe this really is the time for upwards for Avacta, but I have had 2 years of bad experience so have taken the cautious choice today as opportunity arose. I hope to join the party again if excitement lapses and a good buy in opportunity arises.
graph looking good, nice and sharp!
but what will this do to the share price? So often it goes up in anticipation of good things, but when the good things materialise, bordom sets in and for that reason or otherwise, a decline can develop?
What are the chances of getting an invoice to Desire Petroleum paid for losses incurred from shares bought off the back of Desire Petroleum's error RNS which declared an oil find which was actually water? With some legal backing might it be possible that those who suffered might be refunded at least in part, even if it bankrupts Desire Petroleum? I am still not convinced it was an entirely 'genuine' error.
There is lots of excitement about the new Tricoya product but just like the Accoya, it is priced high, but even so, comparable to upvc panels which may have a shorter life-span due to discolouration and have some other benefits like ease of fixing, resistance to cracking and creaking in heat, greater flexibility of finish. Just been quoted £110 per 18mm sheet on a volume of 10 to 20 sheets, and £46 per 6mm sheet from Latham. The acid test will be in years to come, hoping the product will last 50 plus years as claimed. I was dubious at first but now think the pricing for Tricoya could be more competitive than the Accoya. Still a little concerned because it is nearly 3 times the cost of marine plywood.
drop. One to watch. Overdone or further to fall. Too risky atm I feel.
oops
Hi Pauly. No, I haven't held AXS for about a year. I came to the possibly wrong conclusion that there were competitors out there achieving similar endurable timber through just heat processing, and Accsys Technologies just couldn't manage their costs properly, [the wood is very expensive] and the management were greedily leaking too much out for themselves through expense perks and other payments. Are you holding? Well done for any gains if you have made some.
Beware of companies who have too many shares in hands of too few. Not always easy to determine with connected associations.
Price continues around the 19.5 mark duping people into complacency with no urgency to take the 19.5p deal, then as soon as the time limit expires 16th march trading platform end date, the price falls so the payout is less. Then later on the company's own share holders gain the real value of the company over time, and pocketing the difference between what we bought in for and what we have had to compulsory sell for. Feels scammy. I also worry how many other companies might take advantage of this opportunity where share values have dropped before potential has been realised.
If these people want to deliist, they should only be allowed to do so if they pay private investors back their initial investments! What is to stop any AIM listed company from doing what Petrolatina are going to do, if they have had a bad run and suddenly the future looks a whole lot more rosey? If this becomes indemic, private investors for AIM stocks might become an extinct race. I have certainly had my share of bad luck last year. Maybe I have a gift for finding bad companies to invest in, or following bad tips.
Last year the director had lots of shares, some of us bought in after BMD had had a good run and was recommending PELE. Lots of confidence, gradual decline, but we thought our day would come. Now, just as things start to look more rosey, we small investors get kicked out after our investment has been absorbed, before we get a chance to see the fruit. How can this be legal? Suppose too much of the shareholding is in the hands of a few monsters. Manipulation.
Sorry to have shocked you. It was a question not a statement of fact. If anyone acts upon a headline ending in a question mark I think they are unwise. If anyone is to blame I think it is the Share Centre for leaving old markers lying around, especially after I had rung them and they could not confirm anything at the time one way or the other and it took another day and phone call for the marker to be removed. Not typical of the Share Centre I should add as they are normally very diligent and a pleasure to do business with. Perhaps I shall word headings differently in future though.
A sell by Renaissance Group Holdings Limited http://www.investegate.co.uk/article.aspx?id=201202081530030643X&fe=1
I know what that was about now. I just tried to initiate a dummy buy and the same message popped up again. So I rang the Share Centre again, this time speaking to somebody more senior who was able to confirm that it was an old marker left over from last year and he took it down immediately. Excitement over, but hey, we have some very deep drills commencing later in the month so that will be exciting!
Just about to buy some from the Share Centre and this message pops up: This company has announced its intention to delist subject to certain conditions being met. You are still able to purchase but please contact our Corporate Actions Team if you would like more information. I rang them but they didn't seem to know anything about it. http://screencast.com/t/v0HSlomR
Riddler, know what you mean, but this does seem to be in the interests of enlarging the company. Doing nothing would not be good. Hoping though that the BOD will look more for the long term and not get greedy too soon, as seemed to happen earlier. This company has so much potential over the next few years, especially with more movement from the vetinary market to human. Holding on in hope and seriously, these still have potential to rocket at some point. GLA
but bound to receive due attention within the next few days imho.