Member Info for beardozer

I agree the odds are very good which is why I now own 5m shares. Looking forward to £1 a share! £2 a share would be even better! "Sounds ridiculous but it's possible" will come back to haunt us, hopefully. Fond memories of Captain Mainwaring admonishing Private Pike: "Now we're getting into the realms of fantasy". But as my mousemat constantly reminds me: The mind is everything. What you think you become.

A lot of unjustified fear over GLEN's marketing agreement - surely any takeover offer will take that into account? And with GLEN owning 48% of ZIOC they will be keen to see the highest possible takeover offer? I'm amazed the ZIOC SP isn't 20p by now - obviously dozy Mr Market hasn't realised the implications of the change in ownership.

Hopefully! I'm expecting a takeover but WTFDIK? IES is doing very well but comparing them to TWD is like comparing apples and pears.

Too much information! ZIOC remains a binary bet for me and I find myself disinterested in further information. Bonkers or divine inspiration? We'll see. My guardian angel would be happy with a takeover offer @ 100p but I hope that would be swiftly out-bid. Is 400p impossible?

P.S. just noticed our chat has raised the SP! Scary...

Can't agree oil & gas are doing OK but Banks always will!

Yesterday was obviously more to do with manipulation than capitulation. Except, all the sellers @ 0.11p couldn't buy cheaper today so what was the point? Unless they've lost faith in ORR which would be very foolish. Meanwhile, today an irrelevant RNS has depressed the SP when there's so much to look forward to. £1 a share by 2026 would be great news! It's not impossible - maybe someone could provide the figures to support my claim? Something to do with an enormous gold find + low AISC + rising POG. A perfect storm! Apart from that, if the POG explodes even the liars standing by a hole in the ground suddenly find themselves millionaires.

Yesterday the SP suddenly reversed after Troajan said it looked cheap! But it's down again today! Not sure Troajan can move water but I'm sure he's working on it! :) This Market is terrible - fundamentals appear to count for nothing which deters investors. How can that be overcome? At the same time, where are former investors in AIM investing their money? Property prices are falling and possibly on the edge of a precipice . Maybe former AIM investors are just paying their electricity bills?

10% is fairly massive! Averaging down can work but it's a bad position in which to find yourself. A bit like banging your head against a brick wall and expecting the headache to clear. I bailed out of LBE at a loss a long time ago and the SP has only gone from bad to worse. I recently bailed out of EOG at a loss but I have high hopes for LOGP and TOM. Possibly most oil & gas explorers are uninvestable after EOG's failure to attract a JV partner to what looked like a reasonable prospect.

SP still less than half of the 52 week high and things are looking much brighter - only wish I'd followed my own advice and bought more.

Thanks for replying. Only wish ZIOC was being re-rated the same as IES but I'm sure it's only a matter of time.

Hi Troajan, just asked your opinion on the PYX board if you can spare a minute. Thanks.

Hi Troajan, do you have an opinion on PYX? When the SP was 56p there was talk of "significant upside" and since then it's plunged 48%!

Instead of "gently averaging down, but in no hurry to do so" isn't it better to find a different investment? The BOD have failed dismally to deliver what investors expected. Comparing LBE with KIST is painful! Is there any reason why the SP shouldn't end up in single figures?

One of the "ins and outs of everything" is "capitulation": By definition, capitulation means to surrender or give up. In financial circles, this term is used to indicate the point in time when investors have decided to give up on trying to recapture lost gains as a result of falling stock prices. The significance of capitulation lies in its implications. Many market professionals consider it to be a sign of a bottom in prices and consequently a good time to buy stocks. This is because basic economic factors dictate that large sell volumes will drive prices down, while large buy volumes will drive prices up. Since almost everyone who wanted (or felt forced) to sell stock has already done so, only buyers are left - and they are expected to drive the prices up. In theory, Communism works.

Now ORR is my second largest holding I'm keen to see it rise! Viva Cameroon! ZIOC has become less high risk after a change in ownership so maybe ORR should become my high risk investment? Why not at this ludicrous SP? Being the ultimate contrarian I'd like to think the endless selling into a rise might be overcome.

gspanner makes a very good point about UK tech being undervalued for decades - let's hope IES ends up overvalued!

Thanks for all the best wishes - I'm touched! If circumstances change again I may well return! Watch this space!

A percentage of something is worth far more than 100% of nothing. At least 1p by next March? Time will tell.

Sorry you've exited but perfectly understandable. I exited BEN today and it used to be my second great hope after ZIOC.
Now my faith is in IES - shame it's a tiny portion of my PF and extremely high risk! And my great hope is ORR becoming the new GGP which would be very welcome. Meanwhile, ZIOC has become less high risk and almost a certainty yet the SP is where it is. Mr. Market is an idiot! Bet against him and reap the rewards or end up bankrupt - it's your choice!