Member Info for biglad6

Only on AIM - up 27% last time I looked now minus 1%, as you said some ripped off this morning.

Whatever comes out here , (I second pingu here) firstly it must be paying, (no more trials etc this needs to be commercialised otherwise it will miss the boat and the app has been ready for a month and they were/are in talks with lots of potential customers)
and with a decent amount of orders. One thing I don`t want to see is tiny deals with tiny companies with if all goes well we`ll be millionaires by next year. If you think about it, logically if its a good product, commercial, provides a useful service and we`ve had a month to sign up contacts then this should come out. If it doesn`t we`ll be looking at the usual AIM trick of over promising and under delivering. We`re all here for the former.

Hello, Hello everyone, we need to understand here(and DD is right) nothing will move this substantially until orders roll in. DF price went down, today as someone else said a well crafted and informative RNS and it goes down ! (I find it a bit difficult to believe.) The placing is`nt holding the price down either the flippers were out a while ago with their 10%
As smokin joe said this morning orders (apparently) from India are in the pipeline along with others to follow. This must be true as they`ve not invested in production facilities for nothing. Then and only then we`ll see some SP fireworks in the right direction. Come on orders.
The steady rise of the past few weeks has not been on news so this steady rise is really helpful and provides a great platform 40p to 60p perhaps we can get 70p + before the next news.

What I think of a 35k sales manager and pingu thinks is pretty immaterial as we don`t run the business (which is probably just as well, though it might not be!) but all I`m saying is if you`ve got a good product worth millions and you want to get it out there (after all with the millions we can`t have it both ways) you need decent able people to sell it.
£35 ish is going to get you a glorified administrator or an inexperienced kid indeed this is the sort of money I would expect a car salesman to earn not someone dealing with a millions of pounds product. That`s all really.
I will hopefully be wrong and then I will eat my hat....... if I had one.

Pingu, you don`t need to tell me about employing sales managers I was an HRD for a numbers of years with a number ofbig companies. You`ve got to ask yourself the question if your dealing with potentially millions of pounds worth of orders (which we all hope come to fruition) then £30 40k isn`t going to get you much in the world of sales. Simply anyone any good at it will be earning a lot more and adverts that say depending on experience don`t generally attract top talent.
like I said depends what sort of SM you want but at this salary you`re certainly not going to get a world beater.

I agree with pilgrim essentially good things come to those who wait. On a slightly side issue I am though constantly disappointed about the share price pretty good RNS today and hitting its timetable unlike most of the excuse merchant CEo`s on AIM, yet the SP constantly underwhelms me. Look at today up just 5%, DF end of June went down, FFS. Its just a general comment it went up 40p in 1/2 an hour the day of the speeding ticket yet today on proper news it hardly moves.
Looks like another month to wait now for production and probably for news on orders in which case if it does`nt shift rapidly then this share must have a curse on it! Bought a lot around the 40p placement so overall quite pleased

yes, us lot on here are talking about millions of sales, companies, governments etc and they are hiring a £30 -40k sales manager. Like the trials with Botswana and Newcastle sounds all a bit cheap to me. If you were looking to make massive sales then you`d be employing someone on £100k who`d earn his wages back in a month.
I hope like someone else says a great sales RNS comes out but the delay means this isn`t going to plan and is reflected in the price but the facts presented above and the delay mean things aren`t looking good. Can all change with a good RNS but
looks less and less likely. £30 -40k dependent on experience !! to sell a multi national millions of product, FFS. Next they`ll be telling us they are moving premises to a bigger garden shed !

If you want to read more on a good placing look up Mosman which like this did a placing at .08 with good news to come. Price now .125 and has been rising (alas not today) so when the placing came the price quickly dropped to the .08 price but because of confidence in the share and supposed good news to come sp has still risen. This should (I hope) be the same with Rock.

Just a reply to the post below. Don`t think placings have much logic to them except we need money quickly for a project, pay our wages, kids school fees etc so to ingratiate yourself to the City get a placing done and when/if the share price rises everybody`s happy - The BOD`, II`s and the PI`s. For instance if the next news after this placing is good or the sp rises for no apparent reason then the placing will be forgotten about pretty quickly and because the price was low and then good news comes, everybody`s happy. And easier to raise money next time.
If they`d have released good news first then asked for money the sp would have already risen so either you then have to offer shares at a lower price and potentially dilute the share issue further and most importantly less money to made esp for the II`s.
The thing to watch for in placings is companies taking the money not delivering then asking for more. I don`t know why people fall for it. In real life if someone asked you for a tenner in the pub and you never got it back or had difficulty getting it back would you lend again? In this case the share recently is always on the rise so no complaints, I invested at .6 and topped up at 1.5 so its all good for me personally at the moment. GLA

I`m normally pessimistic about placings as its normally a chance to rob PI`s of Sp value and give your mates in the City a chance for half price shares , when we get excluded. (It would be great if PI`s (current shareholders only) were offered first as we`ve had the balls to stump up first.) However in this case the key is that the price is only discounted by a small amount not the usual giveaway. So it might be safe to assume the following; the SP floor is 1.6, which is`nt far off what it is now, meaning there is far more upside than downside here,
When the company went to offer the shares via the broker the two questions to be asked are what do you want the money for ? Answer- more drilling. Secondly how successful is this likely to be if you want me to buy a £1million worth of shares at a slightly discounted price, well we think it will be worth your while, yes ok show me some proof , ok I`ve seen the proof, alright then I believe you, here`s the money.
Now of course this is`nt all foolproof but more realistic than someone buying the shares on a punt. In fact if it was more of a punt they`d be having to giveaway the shares at half price.
You can draw your own conclusions from the above but I think two things , its pretty positive and just as importantly updates on the various things are due soon, which when I invest is extremely important , I don`t want dead shares in my portfolio hanging around for years waiting on news and this ain`t one of them.
Good news on a few fronts hopefully coming up.

I`ve thought it might bottom out the last few days but it hasn`t and its down another 6% as I write, I`m afraid its going to keep on sliding towards 3p unless there`s news and as usual on AIM no one knows when and what it will be. No doubt if its good it`ll go back to 7p + straight away but if its bad it`ll drop like a stone. The only way out then will be to take a loss or hold on for another year and hope one of their other avenues come to fruition. Undoubtedly the money spinner is the covid app not H+S app`s however useful they maybe. Could do with some good news asap.

Yep Sheridan , it's a contact tracing app with the ability should the customer so wish to have testing results attached subject to the usual invasion of privacy stuff hence the ability for the purchaser to opt in or out of this element. The devil is in the detail suggest you research stuff properly before you start calling anyone else (and indeed embarrassing yourself)
Notwithstanding all this , the delay and subjects for trials are worrying.

Simple fact is there`s now a ROI company re Newform that have a fully developed app that is being sold to governments like Northern Ireland and if you look on their website you`ll see the sort of companies they work with IBM, Deloitte etc. Thats going to beat this hands down unless news comes out here soon which if you`re topping up now is what you`re betting on and not just further development news but orders, as I`ve said before free trials in Newcastle and Botswana don`t fill me with confidence and these are the facts so far. The video of the CEO on about orders etc needs to be backed up with an RNS which he has not yet done, doesn`t mean it can`t happen but the facts relating to the competition and where this is speak volumes. (I`m still invested here but not loads so I still have some faith but very much look at this as a punt now rather than a solid investment.)

Good or bad?

Mje20, think you`ve summed it up perfectly. For a company that used to up date us every 5 minutes, the silence is deafening. I`m glad a I sold most of mine and bought back in at 4.5 in case good news come but the longer it goes on the less chance. Bu

Put 14k in here a few decades (seems like) ago and just look every 3 months or so to see if anything`s happened, unsurprisingly not. Just reread the latest RNS`s from 2018, 17. The silver mine was a waste of time then appointed some new board members to buy a natural resource business which turned out to be a coal mine in Colombia which was to be a reverse take over that never got completed. The only tiny bright spot was that they filed accounts last year so kept the idea that something might happen open. Phoned John May myself late last year who said that were a number of potential acquisitions on the horizon. Cue covid and its probably something that we`ll never here of again. As usual the BOD no doubt got paid and their advisors though the people that provided the cash as well as the PI`s got done. Keep hoping that something may happen but its probably a 1% er . I`d say keep the faith but there`s probably no point ! Anyone else want to share their investment here, I`d like to know.

Sorry europa boy all this topping up nonsense on a dip is usually silly talk. If you`ve got confidence in this why don`t you just buy and watch it rise rather than try and second guess the market. Just buy your shares set a target and if it reaches it sell them or top slice.

We`ve heard all this before, lastly with the DF that was going to shoot it to the moon ! When it did start leaving the atmosphere we got a unecessary speeding ticket which robbed us because they were trying to get a placing ready. Caution is the watchword here but having said all that we seem to be moving the right way SP wise but we desperately need sales news not approvals, though understandably that is part of the process. That on its own if it comes on Monday will do little to raise the sp.

I would say that I expected more from the SP today as its all pretty much good news just got to wait a bit longer and amazingly for an AIM miner they`ve kept to the timetable ! This alone is remarkable and excellent news rather than the usual delay which in Covid times would be a readily available excuse.
Simple fact is that we`ve just got to wait into next month then we should see some rewards. This would be a good entry point if you have`nt invested as the story for the next month is all laid out. All they`ve got to do is stick to it !

I`ve been dying to be the first to say this this week "I would`nt want to be out of this over the weekend" oh and a "boom" for good measure.