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I got in a couple of weeks ago at 35p. It had been on my watchlist after Simon Thompson highlighted it at the end of June. After doing my own research and seeing that it was one of ST's biggest losers for the year, I took a view that the drop in SP was due to the fund raising which maybe came as a surprise. Either way the company looks to offer some effective products which seem to be in demand, so should hopefully be able to significantly grow revenues from here on in.
Well I just used this recent buying to exit two fifths of my position with a 50% profit, it was too tempting not to bank some profit. Will hold the remaining amount for the longer term.
GLA
Yes very happy with that update, I was expecting a greater covid impact, nicely ticking along.
I lost out on a company which delisted many years ago, thankfully I only had a small holding, but there were a couple of guys who had well over £100k invested, not sure whether they salvaged any of their investment.
I usually receive the IC magazine on a Friday (i also subscribe to the digital access) , so not sure how much impact will be felt next week. If anything, those that bought on Wednesday at maybe a similar price to myself (8.2p) will very possibly be thinking about selling at a 50% profit, as it's not to be sniffed at. For what it is worth, I bought some more this morning, so have raised my average to just under 10p. These have been on my watch list for the past 4-5 months, very happy top get in at these levels and tuck away, as I really like the potential of this company.
GLA
I feel the pro Vog brigade will have the opportunity to average down with purchases below 2p before the end of this month.
It's certainly looking that way, there's literally nothing at present to stop the SP falling further.
Had any confidence of a potential turnaround here, surely they'd be filling their boots with **** cheapn 2p shares?
Had any confidence of a potential turnaround here, surely they'd be filling their boots with **** cheapn 2p shares?
Happysparrow- im sure if you had waited, you'll be able to get in nearer 2p soon. The only buyers on todays results, will be buying purely on blind hope, apart from yourself, obviously.
There's usually at least a spoon of jam tomorrow in the results, hard to spot anything positive in those results.
This article from yesterday was posted over the road at advfn, potentially good news for Eneo, yet whether any of this cash inflows go towards paying our invoices, remains to be seen.
https://www.businessincameroon.com/electricity/1509-10810-cameroon-eneo-posts-xaf521-bln-investment-needs-over-2020-2031
No nasty surprises in there, better than I expected.
Yes looked a solid positive update to me. This has been pretty hard hit losing more than two thirds of its value since the start of the year. Due to the nature of their business, IPF's profits are certainly more at risk than many other shares, added to the large amount of debt.
Providing they can maintain strong levels of collection and can continue paying down the debt, they will look good value at current levels.
I sold 70% of my holding in mid 60's after getting in at an average of 44p. Will hold my remaining shares for the long term and will add if we dip back into the 40's.
I was under the impression it went ex-div (20th June according to stockopedia) but I checked www.dividenddata.co.uk yesterday and Steppe have not announced anything upcoming.
I bought in last month, as this looks a solid company, strong profits with little debt. May see a drop off in demand for cement in the coming year, but this looks to offer great value over the medium term. It looks good value just for the dividend, in fact I will be buying more before the ex-divi date.
Judging by the lack of posts both here and on advfn, it could be a gem which is yet to be discovered, although this could partly be due to where their operations are located?
There looks to be an issue with the data, the 5.3p is from 13th Feb, the issue was there from yesterday.
I had help xps last year and made a tidy profit when they spiked to 3p, and sold out. Now I have kept xps on my watchlist with a view to re-investing, but one thing occured to me, which was how many people invested here, actually use their website to purchase products? My other point, was where do they advertise to attract customers, as I cannot say I have seen an advert, promoting the company. Maybe the majority of their business comes from abroad, hence little advertising spend in the UK, maybe someone with greater knowledge of the comapny, could expand on this point........
Well it was not difficult to corretly state what the content on the interims was going to include, the company really does not look to be in a strong position, I wonder whether a funding will be required, in the not too distant future. Not many positives to be taken from the interims, if the next couple of games don't manage to produce a great revenue earner and quickly, this company will really be in deep trouble, all in my opinion obviously. The fact no director has purchased any shares in years, tends to speak volumes.
Well, I don't know about the rest of you, but I don't expect a great deal of positive news from the upcoming interims. It's almost certain that they will again post yet another loss, partly due to the constant delays in getting games to market on time. This in my opinion will now impact any chance the company had of posting a full year profit, so it at best will be 2013 before we see the long awaited profits the company keep mentioning, yet always fail to deliver upon. It always seems to the be the same old story, plenty of promise of jam in the near future, which never seems to materialise for the long suffering shareholders.