Member Info for Alavib

Thx again JC, I have had a fairly large stake in BUR over the last couple of years my average is around 725P, so I am not that much under water
Although I have traded this share a few times and made small profits by doing so specially after MW attack period where I bought and sold in short space of time and made a few grands, then when I saw the shares dropping from 9 pounds to 7.5 I bought back in and when they went down to 720P I added more
So I have what you might call gone long on BUR
Although In hindsight I should have traded these when it hit 785P and buy back in when they went without any reasons to 683p
One thing I have learnt is as we can’t call the markets we should use it when opportunities given to cash in on spikes and buy back in on dips this has worked for me on many other stocks I have held or am holding
After all we invest to grow our money so these picks and Troughs are certainly one way of doing that but this has a risk attached to it as Sod’s law one can get the timing wrong and SP can continue north and one can miss the boat
But we are in a markets washed with short attacks and if one is clever enough can use these short attacks as opportunities to buy in and sell up when the shorts have to close their positions
It worked for me on KIE, PMO, MTRO, Lloy. SLA
So in short the markets are full of opportunities if we pay attention to the shorts directions or just markets stupidity
I will watch the next Spike in Bur and will decide whether it’s wise to cash up and buy back In on expected dips
GLA

Jammy C
Thanks for the heads up, very informative article
But that was written when BUR MC was 4.5 Billion three times what it is today with Current SP also down with same ratio
Reading that Article this should have been the other way round, I.e the MC should be at least double and SP somewhere north of 35 Pound!
I accept the MW short attack did the most damage
But even before that happened the SP was around 15 pounds so the anticipated MC grows as was predicted in the article never materialized
I like many LTH’s have no doubt that Bur has a unique business model and they have very healthy ROI my point was why are the markets on both side of the pound don’t see it that way
Remember the markets are intelligent and they know far more that the average punter
So the markets have already awarded a big rise from Mid 350 to where we are today, and they are now saying if we want more then show EPS growth of 20% or more not as a lucky one time but on consistent basis
That is how markets reward SP of a company and thus BUR are now in a show us the colour of your money period, if they are confident that their investment is going to yield the kind of returns that MW thought was a scam then it should be reported with the next full year accounts
Only then the markets on both side will re- rate the SP

When the news of the US listing was doing the round people were saying once this is done the SP will fly past the 10 pounds and next stop will be 15-16 pounds!! Well that is not what is happening right now
The American investors are not quite sure how this company makes money
And it will take two to three years of 20% growth in EPS to convince these people that BUR are worthwhile company to invest in
Right now we are not quite there yet, and this share had become the day traders dream
Up 4.5% yesterday down the same today
How is that possible in a tip blue chip company like Bur

Well, us small holders are of no significance to these companies, as they have much bigger issues to deal with, and could not give a two monkies about small holders
Let’s Face it we are only in this to make a few bob as quickly as possible, putting money in AIM is not called long term investment, one must just trade when up and move on to other opportunities
I really thought this one was different
But like with all AIM shares one never knows

I totally agree, one has to ask why did they not do this when the SP was north of 40P?
And why do they need to give shares at such deep discounts when allegedly the two heavy weights were financing the drilling operation?
And one also has to wonder as to why these heavy weights did not subscribe to such cheap shares as it was placed with other mates !!
Totally out of order and for the CEO to comment he was so pleased to have these shares heavily oversubscribed is like taking a big p...s

Velo
You have been wrong on many occasions in the past
And I for one am sure you will be again
The comparisons with GGP are undeniably strong
They have other assets so do WSBN, they are in the most promising WA region for gold with heavy weight as JV so are we and once the initial drills show many millions of Ounces in our license land which we have completely own now other heavy weights will pounce
So here we are with just over 132 million shares in comparison with GGP with 3.3Billions share
Even if we reach 1/10th of GGP MC the SP will be north of 80P
So don’t fret about waiting for your pie in the sky retrace fill yer boot in as the current share price will be laughed at in a few months from now
As ever these are MHO
But I am sure the GGP punters will soon move in as herds and you will be left wondering as to why you did not get in at the current under valued price
Cheers

I am in both OMI as well as WSBN
It is always very difficult to call the retrace as the fundamentals for both are excellent so any retrace will only be due to either tree shakes or MM’s stock holding situations
Having said that I have been more successful in trading shares rather than going long and or get attached emotionally to any particular stock
These days with shorts attack on many stock one can buy on big retrace and Wait for the shorts having to close their position when the MM’s would push the price up in all these cases
I have benefitted quite well from this situation
But despite my new strategy of trading the shares rather than going long for too long I am going to make exceptions on both OMI and WSBN
As I am sure in 12 months from now their current share price would be a thing of the past and the price will be many times what they are
But I will continue with my other shares in my portfolio with my trading strategy it has worked very well for me so far
But you do need an element of luck like all things in life, so far luck had been on my side
Long may it last

Velo,
Thx for the reply, however I am still not sure about your over bought theory on this stock!
The MM’s are intelligent bunch they would not have pushed this at one point 14% higher if the stock was As your technical analysis show over bought
The real truth is the MM’s are short of this stock and know that the current MC is nothing to the true value of this company , specially if the purchase deal is confirmed and the drilling commence
Any hint of significant found particularly so close to the surface as was confirmed by the recent RNS would put a massive re- rating of this stock
As it will cause the lucky ones still in GGP to cash in their massive profits and move into the new story in the region I.e The WSBN
As I said your technical research can show all it can the true story of this stock is 8-12 months away or maybe sooner
So I would advise many good and knowledgeable punters to grab this stock at such low price and be patient for up to 12 months this could be a future 10 bagger
Also I would advise to keep an eye on OMI that is another potential multi bagger within 12 month

Velo,
How is this share is over bought ? With only 121 Millions share in issue and today showing more sell than buy your statement of over bought is a non starter!
The company has not even yet confirmed the confirmed purchase of the licensing land
Do to say the market are over bought on this is wholly misleading
This has only just came under many people’s radar
As the shares available are very tight and many will not sell into any small to medium spikes, as the real story of this company is yet to be told
Look at GGP it stayed at 1.5P for many months till the deal with the big major and then it took off being a company with almost 1 billion pounds MC
Who would have believed it
Yet we are in much stronger position with hardly any debt and small no of shares so any significant found during the drilling will shoot this well past 100p MC
That is what people should be aware of

Please add me also @alavib
Thx

I have received a letter from them as well as reply through the secure messaging system the HSBC off shore have in place via internet banking
Basically they are saying I ad a client don’t need to do anything as it stands all future dealings as far as they are concerned will be done via Crest system
I am happy with that response , though they are still saying they will update everyone in due course!!
Whatever that might be

Well, today the company put out 16 RNS’s 14 of which showing major company pensions selling down albeit with small %. And yet the SP Is up by over 4%!!
This just showed that all these companies pension funds are not running away from putting their client’s money in such a safe and sound company which is well run and very efficient
Paying good divi and having over 550 billions of funds under management with good fee margins
I am certain the market is now much calmer and the recent 207P was just typical market over reactions which quickly proved impossible to maintain and share price had gained well over 20% in just two weeks
I predict we will very quickly move onto 265-275 range
GLA

I like most punters here also read the board comments, but never take any notice of ramppers or de-ramppers
Alway use my own gut instinct
Look at it this way mate here is a company which had twice its MC cash in the bank had set a side enough to cover the complaints which someone here mentioned could be 80 Million max (set a did 112 million)
Will soon start lending, got the uncertainty hanging over the BOD removed and by all account their 45000 current customers are or will soon start repaying their loan amounting to 20 million a months income
This company only two years ago was IPO’d at over a Billion pounds and their share price hit over 250P at some point so why on earth would you panic and take a 6K hit?
Imagine if you had put the 10K you invested in the bank, how much do you think you would have earned on it over a 12 months period?
We are sometimes too greedy and expect to double our money on shares in two weeks , it is not like that in real world

Well it appears that for whatever reasons a lot of heavy II’s are reducing their holdings in SLA
It could be that most are under stress cause of heavy loses due to CV 19 or its that silly time of the year when these II’s have to balance their books and thus request daily selling which the RNS’s tell us
Or the more telling reason could be that these guys have got a upfront info that SLA under new cost cutting crazy CEO are planning to cut the next years final divi, now that if true will most certainly put the banana skid under many of these II’s as they invest in high yielding companies with people pensions and any indication that the return as DIVI might be under threat will most certainly result in large dumps as we are seeing day after day
The SP just is not able to absorb such intended sales as is the evident on daily basis
So I could see sub 2 quid not far which is the time for screen buy

From today’s trade there are almost 3 times sellers than buyers!! Who are these impatient people?
Or are they day traders buying and selling within tight range for 2-3% gains?
We must wait to see where this company will go after Sept 29, any speculation is really pointless
If JB gets in, which I am sure he already got the vote of the major holders , then he is prepared to buy up to 29% of the shares at up to 20P and maybe even more
So I think we the LTH’s just need to ride the waves and see what comes out of the votes on Sep 29
Whichever it goes this is a sure bet that the current SP will recover as the company will get back to lending again and the FCA issue will be all resolved
Not to mention the company is cash positives even after 120 millions set aside for potential claims and soon the 47000 customers who were given payment holiday will have to start to repaying their loans
This alone will be a game changer

You need medical help mate
Who the hell are you to have such profound opinion on such company
You know as much as the next guy so don’t give such crxP advise here
We don’t need clever Dick like you
Thx

I agree, your theory could well be right and for this new and totally incompetent BOD to achieve their aim if indeed they got a buyer lurking about was to oust the company’s founder and chief technical expert DR T, who would not let this hugely valuable company go for a song
I listed to their so called CP presentation and to say that I had never heard so mush xxxxS would be under statement
The answers to the questions which were well preselected was rehearsed no real meaning or substance to any of them
I am sure these greedy and useless so called BOD of our company only have one interest in heart and that is to secure their position and carry on drawing fat salaries which by all account and judging by the such an unrealistic resource downgrade they may well have served the predator’s internet as by doing so they will be in jobs and will give the least FK about retain investors

Exactly, as I said before how on earth the resource goes from 400+mb to under 40!!
If that is true then the company which put out the CPR should be sued as they as the independent experts confirm from data logged the estimated resource, no way they can be over 400% wrong
These companies have their reputation to protect
If any thing they are very cautious in their resource estimation and COS %
So I think this new BOD have deliberately put out that stupid RNS to start from a clean slate and in a few months time all of a sudden the numbers will vastly improve or they have already a predator lurking about who wants to pick HUR dirt cheap and has promised the useless new BOD job security and fat bonuses if they can deliver
The RNS was deliberate and very soon we will get to the bottom of the real truth

It is amazing how this new BOD cleared the slate with over the top write downs !!
How on earth the resource can go from 400+ million boo to under 40 . who has been correct ? The CPR report or poor BOD who just want to start from very bottom? The technical review has not been verified by any independent expert ? It’s just the BOD with the new CEO want to take down the company’s prospect so that in a year or two when their stupid downgrade looks well out of place they can take a pat in the back as how they have turned things around
To put such a damning RNS out on Friday takes some biscuit
Now this company is out for rock bottom take over and all thx to this incompetent BOD

I can see from today’s RNS’s that II’s are back buying this stock which has taken a hit for no reason at all
I don’t know how this market works, here is a sound financial company paying nearly 10% divi and having over 600billion of assets under their portfolio management and having tangible assets like their value of investment in largest insurance company in India and host of other UK, US,Canada, Far East etc investments which are all solid and cash positive
And yet this daft UK top 100 market decided out of the blue and with no negative news out to mark the shares down by 50P only in UK !! In US this company will be valued at least twice what it is in UK
One day soon this sleepy market will wake up and value this solid company to a proper valuation it deserved