Member Info for bandit1

My last few words on this as it is not worth too many more. I advertise a car online and do the viewings and negotiate with the buyers etc. Some will charge a minimum FEE for listing and a success FEE if you sell, some just charge you for a FEE for advertising. There are different models. Give your car to a garage and they will try and sell on a forecourt and charge you a COMMISSION based on the sale price. Pay your money and take a chance whatever model catches your eye and to suit your level of knowledge and confidence to negotiate on cars or properties. In time, the poor business models which do not offer value for money will wither on the vine which is a historical fact. EBay motors is doing really well but garage forecourts are not. PB have established a model which many, many people really like just look at the growth rates from nothing a few years ago - spectacular on any measure. Here we have an unregulated industry in which someone with no qualifications can set up an agency and call themself an expert. Yes that is correct. Yes, there are those ARICS qualified agents who are professional and competent and can discuss asset price inflation models and sophisticated sales strategies which may add value but we can all see what sells and at what price. So, the old model is on life support and anyone with a modicum of intelligence can see that. PB share price in a few years time will be multiples of where it is today - why, I hear you say, because most of the high street agencies will have either disappeared or shrunk As they try to establish an online model with a FEE structure and model which competes. So, get with the programme my friend.

The shorts have got this share in a vice grip at the moment. Simon Cockwell is the lowest of the low. He will spread unfounded rumours about companies in a carefully worded way to avoid litigation so that his band of followers will join him and help his short along. I have no problem with shorting which I have said many times before but only rarely short through spreadbetting but it is an important and necessary form of price discovery. How many times do company management pretend that all in the garden is rosy and hang on to important information as they have so much to lose. Smart hedge funds can expose weakness which we PI's cannot do in the same manner so I don't want to blame them. Always remember that long Hedge funds can and do make shorts suffer if they get it wrong. This is a success story in my view but going through a tough time along with CPI, IRV and all the others in the top 10 shorts. It will settle down in due course just painful at the moment.

Not sure what the problem is here but clearly some are trying to make it appear to be one. They charge a fee which you pay regardless of whether or not you sell your property. In my case the fee was 0.1% rather than 1% on the high street. It is an online model. Buyers make appointments online, PB can do the viewings or you can do them. I do the negotiations which I prefer and if I don't sell that is my risk. I am content with that and was fully aware of that in the T&C's. What else do I expect the PB local property expert to do which I cannot do myself - nothing. Please stop trying to create problems which don't exist. The traditional model is dead and buried and PB, Yopa are others are the future so the sooner you get that the better.

We are under the radar these days as it has taken a long time to get things moving in the right direction. I do think the price will slowly react upwards as the weeks and months go by and that the drip, drip selling we have seen over past few months will reduce. We need a tailwind to move that drilling rig from Asia!

Nice to see a CEO push back when a broker writes nonsense in a note. Too often, companies are reticent to criticise the City establishment for fear of alienating themselves. Brave act and looking after shareholders. Good on you.

I guess that it was just a question of time before the cockroaches found their way onto here to gloat about another company going through tough times with the sole aim to spook holders to sell out and to help their �200 spread bet short. My advice is not to read the posts which include no useful information. This is collateral damage here and it is a pity as it managed to steady after CLLN but this latest sector headache is giving the short hedge funds a chance to stick the knife in deeper. As I posted a couple of weeks ago momentum is against it so batten down the hatches. Pretty depressing to see companies hammered like this but this will recover eventually but it may take many months.

Highly unlikely that the Chinese will not take up its commitment at a great price. Wish I could buy at 94p rather than current ask. Looking at trades this should be 5% up not down but we know that these shares are news driven so have to sit tight and wait for some good news.

Not sure either that II's would be buying in the market at this point in time. For me, the reason that the price is not reflecting Leon's obvious enthusiasm is due to the fact that people want to see a record of delivery and projects being completed with a revenue stream broadly in line with what has been promised. sure there will be bumps along the way but building a reputation over time for doing what you say you are going to do creates trust and builds confidence in the investor base and helps to attract new money. JLP have a great opportunity now with Kabwe so I want them to concentrating on current projects getting them to deliver before chasing more and spearding too thinly.

Oh well in for a penny.....! To think you had to pay 123p yesterday afternoon. A few trades later you pay 111p - madness but this is AIM! Thank-you.

A takeover would be too soon for me and I am sure the institutions in here. Average premium is 35% which would barely take us to 150p. Also, not sure you would issue this RNS which was almost certainly going to push the price down as traders sell up and market makers take it down on low volume. I have a chunky stake here but tempted to invest a little more at these levels.

I cannot believe that the Board would allow the CEO to announce e a �700m cash call without a price at the same time as another profits warning with the share price guaranteed to drip like a stone meaning that we have a discounted, discounted placing. Yes, the profits warning was necessary but obtain commitment and discount the cash call at that time. So, announce a 30% discount yesterday and we would be 20% up on where we are now!! Perhaps they could not find anyone who would commit! Interested to find out what has been agreed here.

There we go, the traders are selling out and off to the next one. I do hope that we receive another one very shortly and they will feel a little stupid!! Each to their own of course.

Difficult to know what the ongoing discussions mean. Could be legal stuff, could be pricing but unlikely in my view as whilst Nextview made a commitment at a lower share price, unless there was some agreement that pricing would be adjusted when it was signed in December it will remain as is. Perhaps they want to increase their stake?

These are trades made during the day which, for a multitude of reasons, did not get through with a normal time stamp so get wrapped up at the end and shown after UT. Very difficult to know what they are but given what has happened assume most sells. Is this fair - who knows as the price is the price and it may be an irritant for day traders but not sure it makes a difference.

You sound in denial my friend or you are a relatively new investor? This share has underperformed in a major way over the past 12 months and we are almost at a 5-year low so what is there to like about that? Debt is too high, bankers are on our case and we can't convince our mates in the government to release diamonds which have been seized for no reason whatsover (from the horses mouth). Now, this can and will recover but don't shout down people who are fed up with recent performance when they have every right to be miffed. I have reduced my holding but remain here as I think there is upside but poor management is exactly that and destroying shareholder value is bad news for a CEO however you may wish to dress it up.

CFD's do not confer voting rights although they do require disclosure given their economic interest.

Oh yes and what is the alternative, a Marxist front bench which will destroy any chance we have of developing a prosperous economy. Rather stick with this lot tahnks very much although none of them impress me that much.

In any sector there are winners and losers which is usually down to management strength in depth. and yes, this sector is getting a hammering at the moment and that is down to management taking the wrong decisions in chasing revenue at the expense of profit and relying upon cheap debt markets to leverage up. Trouble is that the countless outsourced deals which are well run with good margins do not make headlines. Also, the shorts steer clear of these well run organisations as they are valued fairly - funny that. So, lets stop trying to blame short funds which help price discovery and rather than blame them for the share price collapse blame previous management and question your own analysis. Very straight update from new boss hopefully providing for everything except the kitchen sink so next big move will be pricing of fund raising but the market will know when that will be before we do. Good entry point for me at �2 for a 2-year recovery play.

Trust........for me that is what the company is losing and poor communications. Financials are not much worse but they are worse and Bank covenants will be under more pressure if the seized parcel is written off. I am taking a long view here now with my reduced holding. Key with small caps is to find quality management teams who are skilled communicators to keep shareholders informed and engaged.

The largest shareholders were making some cash on the side loaning out stock during the middle of last week to the short hedge funds. Work that one out!!