Member Info for beardozer

Sells to Buys 63-1 and the SP rises!

...UFO Mkt. Cap. will be bigger than ZIOC's by the end of the week! Where's the logic? I'm very sad to see so many LTHs losing faith but that's perfectly logical!

Now it's reappeared - how queer!

Posted a link earlier which seems to have been removed - why? See Saturday's Matthew Lynn article "A tale of two cities..."

"Busses and trains that already lost money when commuters were packed like suited sardines will be in even worse financial shape now they are three quarters empty."
https://www.telegraph.co.uk/business/2020/08/29/tale-two-cities-covid/

You make very good points yet ORR still looks too cheap! But as soon as investors pile in the rise is sold into which becomes extremely tedious. The next time it hits 0.6p I'll be selling 75% of my holding which only compounds the problem.

Each to their own! Your dog share is my top dog share! Well done for banking a profit in the past with ZIOC. Good luck after you sell @ 12p and it multi-bags 10 years from now! :) A PF containing 25 shares is to be commended - I certainly seemed to do a lot better with my investments when there were more in my PF which currently comprises 9. Personally I'd prefer 15.

Share prices mean nothing! Look at the Mkt. Cap. of the company concerned which could have any number of shares in issue.
Comparing share prices gets you nowhere! More worrying is an article in today's Telegraph which suggests bus companies will never make money again! Has to be linked with SGC hitting a 52 week low and the clever money will pile in.

Am I alone in viewing MCLS as very undervalued? I'm sure Amazon has cast its eye over the huge number of stores and may well pounce - I would!

That's the trouble! £3m is what ORR has been in the past before the rocketing price of Gold. Why isn't it £6m by now? For some reason other goldminers can manage to double their SP without their investors constantly selling into the rise. ORR could be the next GGP but nobody will ever know!

I share your frustration with ZIOC but "still hoping for 12p so that I can get out of this pile of scrap" is illogical. If you think another investment will do better than ZIOC then switch your investment now! While you're waiting for ZIOC to hit 12p not investing in the better investment could cost you dear! Not sure ZIOC was right for you in the first place as you share my lack of patience, a questionable quality too many new investors are all too keen to extol the virtues of. All the crap about the Stock Market moving money from the impatient to the patient. OK if you're a billionaire already! Otherwise , we're all swimming with sharks.

Thanks for pointing out a vital difference I'd overlooked! Seems odd having a £1m company on the main market. Maybe it's lost a big chunk of its value over the years ? Something else in common with PXEN! It could be worse - one AOGL investor has managed to turn £4k into twenty quid.

I found this comment on the CZN BB: "There is a strong market for RTO's as IPOs are so expensive to launch. The going rate for a cash shell is circa £3m (3 times the current MCAP)." CZN has a similar Mkt. Cap. to PXEN and only 100m shares in issue. I thought about doubling my holding in PXEN but bought MCLS instead! Be interesting to see which one's # 1 Top Riser first!
Or # 1 Top Faller knowing my luck!

Took the plunge this morning and paid 27.65p which is showing as a Sell. That's 26% cheaper than the last Director Buy. Only 115m shares in issue which is always a help should the Herd arrive for any reason. Mkt. Cap. of £31m seems ludicrous but Mr. Market always knows best.

Huge turnover with a high margin but they can't make a profit? Years ago I'm sure I read anecdotal evidence that they have a big problem with shoplifting which would explain where the profits are going.

Surprised HUR isn't up 20% after the perfect candidate is the new top dog. Who has more experience? Who could be better-qualified? Talk about looking a gift horse in the mouth...

You've summed it up! I share your optimism but it must be down to the BOD to get us out of this mess. Even LTHs must be trading it which is counter-productive yet still profitable. Assuming I hit a jackpot elsewhere I will be very tempted to buy 5% of ORR. Does that get me a seat on the Board?

Thanks for your congratulations. Yes, the next GGP would be worth investing in! My second largest holding after ZIOC is ORR which looks good on paper but can't seem to achieve lift-off.

Thanks for your congratulations. Yes, having a stock portfolio is a great interest to have but I've had one for the past 10 years! The difference is that now I've retired I need to generate extra income every month from trading shares or live in abject poverty! Hopefully not too difficult and the occasional jackpot will remove short-term worries. Or, in ZIOC's case, all my worries! So far, I have banked profits of £1.43 in my first week and £0 in my second week but that's apart from my PF rising £875 this week largely thanks to ZIOC. Obviously, I need to adjust my approach after allowing £300 profit to slip through my fingers with a T + 20 in SGC. It more than hit my target so whatever happened afterwards was irrelevant so hanging on for a higher profit was stupid and now the SP is below what I paid.

As always, you can lead a horse to water but you can't make it drink! And ORR is income-generating which is worth more than the current Mkt. Cap. suggests. And what about the mine next door that was sold for $450m? Admittedly, "next door" in Africa might not mean the same as it does in Surbiton. But I'm surprised ORR hasn't rocketed from investors seeking a safer gold investment after bailing out of the Mali goldminers following the Military Coup.