Member Info for beardozer

Does the world actually need more iron ore? You'd think it would so why is the ZIOC SP where it is? I'm sitting on a loss after being invested for several years. How many £hundreds of thousands could I have generated with the dead money invested here? I'm kicking myself for losing patience a few years ago with a share @ 23p and it's 12-bagged since against all my analysis. So WTFDIK?

I'm out on Monday at a huge loss. Heard it all before. Not sure any oil company is worth investing in.

How is this company valued at £9m? They have never delivered anything and they keep diluting shareholder value.

Despite the regular Pump'n'Dumps which should be ignored. Concentrate on the fundamentals and the companies backing ERIS. So no more financing worries? I dunno! PREM's SP surged after diluting LTH's yet again.
Turkeys voting for Xmas?

...but thanks to ZIOC my PF rocketed 12% this week. It only needs to rise another 800% and I'll be driving a Mustang convertible in the South of France with the woman beside me's headscarf fluttering in the breeze.

...which prompted several Buys and only later did we discover a late reported Sell @ 5.5p which meant the MMs were
laughing as always. I took the opportunity to increase my holding by 203% @ 6.2p and I'm confident underground Commodities are the place to be invested and ERIS in particular with so few shares in issue plus a major miner holds a significant steak. Mmmmm!

I thought it would go sub-10p and what's to stop it hitting a new 10-year low? Don't ask how much money that would cost you! I share Sootysnipes' despair about ZIOC but I'm fairly confident Commodities are the place to be invested. Particularly those still in the ground hence ERIS is now my second largest investment. Similarly to ZIOC they have a major company behind them and very few shares in issue. If I can stay solvent long enough I'm sure I'll become a millionaire.

I'm not being racist but where are you from? I'm simply interested as I'm a Suffolk man myself. Only your mention of tranquillity reminds me I should've finished reading Teach Yourself Meditation. But I'm more into P.D. Ouspensky myself. Not that he has anything to contribute to Investment. Apart from remembering forever your High and your Low.
Both are illusions - it only matters that you stay ahead which most punters can't manage these days.

No need to defend yourself - just ignore the idiots! I'm just wishing I'd sold all my shares in February 2018 at a 267% profit instead of only a third of them - timing is everything!

No comment since July 2018 and a PE of 2.5? What am I missing? I've had MMH on my Watchlist for a long time and the SP is 1.5p higher than 7 months' ago thanks to Brexit and the so-called onslaught of electric cars which supposedly need less maintenance. Rest assured punters will still be buying secondhand cars for years to come and after new car sales have fallen off a cliff the value of secondhand cars must rise and ought to mean higher profits for MMH from sales & servicing.

"Of course something is going to happen" but when? Sad I didn't buy @ 3p years ago or even 1.5p when ZIOC really hit the bottom. Could've sold last year @ 26p and banked a lot more money than I'm hoping for now. Unfortunately Glencore is in the driving seat which means any takeover offer for ZIOC must meet with their approval. On the other hand, they will drive a hard deal. Worst case scenario is a manufactured company making an offer and afterwards we learn related parties are implicated. This is AIM - expect to be shafted!

Who is selling and why? Punters who have decided the opportunity cost of remaining invested in ZIOC is too high. If nothing is going to happen for a year or two why not attempt to make money elsewhere? Of course, a takeover offer could appear at any moment but what are the chances?
As for research - how much more is required? Either the iron ore will be mined or it won't. At least the ZIOC Directors' interests appear to be fully aligned with shareholders but that won't prevent ZIOC being sold too cheaply. I'll be happy with a 10-bagger from here but the Directors must be expecting much more.

The best news I've heard for a long time! But at what price? He usually buys businesses after they've gone bust but
he'll have to pay serious money to takeover MCLS. Unless they're about to go bust... Can't see it myself as it's still a profitable company in dire need of better management.

You hit the nail on the head by being very excited over the coming weeks/months/years/centuries.
ZIOC is a very binary investment which might explain the lack of interest. Except when the takeover is announced and the shares are suspended anyone out will wish they were in!

PE still very high but some of us think it's justified. My average is 230p. Hard to find growing companies these days but G4M looks promising. Very few shares in public hands ought to mean a sharp rise in due course.

Perfect storm? Simple strategy? Heard it all before for many more years than you've been invested! ZIOC is now 72% of my PF and if it hits £1 I'm done. Clear my debts, buy a new car and stop worrying about ZIOC! Would a multi-billion pound conglomerate please put us out of our misery?

Your comments are entertaining but what do you have to say about QUIZ? Please leave the stage. And if you don't you might find yourself elbowed into the orchestra pit. Which will involve broken bones and a visit to hospital where staff shortages will etc.

On Thursday morning I noticed the Buy to Sell ratio was 95-1 with no movement in the SP.
But by close of play the SP was up 18%.
Could Amazon be interested in MCLS as they're also reported to be interested in MRW?
Turn all the corner shops into collection points?
Bad news for RMG?
Even worse if Amazon launches an alternative Post Office and why not?

Apologies for suggesting you might be a paid ramper although God knows we need one! ZIOC was my worst-performer this week but I'm delighted my retail stocks are starting to repay my faith. NewKOTB might say all we need is patience but some of us have been patient for more years than I care to remember. Added to that is the fact so many other shares could 10-bag from here selling ZIOC no longer seems so short-sighted. 10-bagger is the most I can see for ZIOC as some conglomerate will swoop and then bank a 5-bagger for itself a few years down the line.

You both make very good points and I'm sorry the idea of the UK Economy outperforming the EU in 2019 makes anyone chuckle. Tortoise versus a dead tortoise? It might plunge short-term but there will be a rapid recovery. Germany is in a terrible position at the moment and they're the reason the EU is making Brexit so difficult.
Originally the EU was a Good Idea but free movement drove down labour costs and lined the pockets of the bosses at the expense of the workers. Eventually it dawned on the bosses that the workers can no longer afford to buy their products. Wouldn't it be wonderful if German cars were priced out of the UK Market?