Member Info for barnetpeter

With the Nasdaq falling like a stone today.....this is a good rally. Now if the company started dividends...you would see a real rally. Say the company put the lot into two other tech companies and one ten folded then you would see this hit multiples of this price. A big if of course.

That is over a quarter of a million pounds, Common on Shell or BP but on this tiny company? It could be someone is building a stake in this company. My guess would be an investor in Hong Kong but that is just a guess.

Over 700,000 in £ were reported after the close in some huge trades. Sometimes from the previous day. These are often hidden by market makers. It would help investors if they had this info but it could make for a disorderly market. Someone bought or sold 20 million shares late on Friday for £263,000. I think that might be the biggest trade I have seen on SCGL. Almost certainly a buy.

Very good day for this to finish blue. The US mkts are falling like a stone. The NAS is down 711 points currently. Markets can go down it seems

No one knows. This could come back or go into administration. Or be delisted. The last time I posted here I said it was not going to come back quickly, not even by Xmas. Now we are approaching mid March. Personally I have a freeroll here so not a disaster if this never comes back. seen that plenty of times. Personally I dont believe any of these RNS....I can think of so many dodgy stuff. Atlantic Carbon....a company that was suspended after two substantial offers. Placed into administration and holders never saw a penny. Raymarine....the directors issued a number of RNS to say the company was worthless. A trade magazine threatened the directors with a judicial review and hey presto.....there had been a load of offers and at many times the share price.

Not unreasonable to take profit at above 4p. The drilling could be a disaster. We will only know that with hindsight. War everywhere and markets may crash. The USA has opened up sharply lower.....again. The drilling may be great and the price of this stock may be hit hard because it might be the only stock that people can sell. Sounds like a lot of novices here,,,,we are in VERY risky times.

On the plus side, the company has raised good money just in time and is one of a few stocks that are actually going up. I thought it would fall sharply after the placing but to date it is pushing higher. Not selling any myself but I would never criticise anyone for taking a profit.

Is that the Barnetpeter who bought these a few years ago and is now nearly 5 bags up? Or the barnetpeter who bought Scgl at 0.11 and cashed some in for a 120 bagger? I admit I don’t like silly ramping. This is not going to £6 or anywhere like it. My target is 20 pence and I have never wavered on it. So stick that ….

Excuse me! This went over 14 pence!!!!

The one thing you can be certain of…George has another placing on the runaway. Someway he has kept this company alive for a decade and more! He resigned as ceo but just never went. Someone should write a book on prem and George!

I once bought these in desperation at 0.003. They went to over 1 penny. Then a huge placing but not before I got my cash back and more. Zulu this time….so many placings! It was supposed to be floated off into a separate company. Big placings for that and then…nothing. The Chinese were going to buy it for billions! It was the most important drilling in the World!!!

Got to love George!!!

No not sold. Already said I will add but at a lower level. Not interested in buying anything else at the moment. Mkts are very nervy and investors too with talk of nato collapsing and so on.

I am guessing that there is a lot of stock being dumped that is associated with the placing etc. we should all have sold at 4p and bought back at 3 p. I see nothing wrong here and raising good money is great news. But the general sentiment is just dire with tariffs war etc

Some big sellers from yesterday at close today. Around 400 thousand ££ at 2.9. So the market makers are full of stock to shift. Reckon I will get my 2.9 price to add as markets tank.

Good post. Worth far more than this. A penny and a bit? A valuation of less than one weeks turnover. Not as brave as you so took my money back and have a freeroll.

I sold these on the recent big rally. Happy to buy them back at closer to the placing. Always get a good rally from the lows …not sure why but this is always a stock to consider

Pages of selling. These sellers are never going to sell at ten bag let alone a 120 bag if they snatch a small profit

I didn’t sell. Looking too strong. Thanks to Acker.

I am looking for just below 2.9 to add here. Stocks often fall below placing prices. There seems to be a big seller here

How strange. All the way up and then bang. So many buyers at about 1 p I guess. Me included. I don’t understand …this went to near 14p.

Shame. The blue run ends today. It was higher all day then the last minute sellers took us down. I thought about selling some early and a placing is a placing. But I left it. I reckon we will recover the last ground tomorrow as buyers will arrive in force at something like 3.25. It makes little difference long term of course just would have been good to have maintained the blues on the door for a while longer. Silly really….