Member Info for CaneToad

If that doesn't make the share price 'blast off', I don't know what will...

"Yes because every time I was up 30% in the following 2 weeks I was back to 10%."

I know how that story ends. Hence why I *never* hang on to shares too long, especially not UK shares.

Impossible to know if it will hold; in my experience it falls back a bit, especially if there's several weeks to the next results. I hold irrespective and will probably add some more at some point.

Both Sasa and Kounrad will be making loads of cash in this environment; strong copper, lead, zinc.

I expect that this will result in them being debt-free much sooner than forecast.

I doubt that shorts will want to continue holding, when funds are now likely to start loading up. Capita can move 20% intra-day up/down when it really gets going... shorts could be annihilated. Smart shorts will switch to long.

Looks like we're seeing a few new punters! Hope they stay longer than today...

Nice. CPI is one of my largest holdings. Might increase it further today. See if the dust settles again.

My best guess now is that one of the following happens:

(a) AIM regulation extend the time INCE has to appoint a new NOMAD; e.g. another month
(b) INCE appoints a new NOMAD today or tomorrow

I called AIM Regulation this morning and they told me that in exceptional circumstances, they are able to extend the deadline for the appoinment of a new NOMAD. i.e. that an AIM company would not automatically become de-listed if it missed that deadline. Obviously, they are unable to say whether or not this is an 'exceptional' circumstance.

AIM Regulation can be contacted at:

Email: aimregulation@lseg.com
Phone: +44 (0)20 7797 4154

I see two ways forward:

A) Gold is finished in the short and medium-term
B) Nothing changes at the Fed; inflation goes berserk and gold finally moves

It's not looking good for CEY in the short-term. Maybe late in the year/early next year and/or if the equity market crashes.

"And NASDAQ options starting today for arbk"

Cool. we're going to see the volatility rising!

Chris: the only other (unsubstantiated and entirely speculative) theory that I have is that there is a serious financial problem.

I'm in the dark. But I believe that INCE are the legal adviser for the Evergreen, which is the ship that became stuck in the Suez Canal. It's a wild theory, but that's all I can think of...

What does surprise me is that within two (2) days of the deadline for appointment of a new NOMAD, only a small handful of investors have even made a comment here. Presumably, they are happy to lose the value of their investment and/or to have it locked up fro an indefinite period of time in a Private Listed Company.

I had a suspicion that the directors might be trying to take INCE private and buy out private investors for pennies, so I contacted the company to ask this question.

Here is the exact response that I received from Adrian Biles:

Adrian Biles (17 Nov 2021/1w ago): "I believe that I am able to say that there is no current intention to take the company private and that every effort is being made to ensure that we meet the deadline for the appointment of a new nominated adviser."

I believe that this will be honoured. I will react with Great Vengeance and Fury if not.

What's the problem @Jolly - have you been caught out? Do you also attend random funerals and approach family members, offering your opinion that the person was an as*hole? One day, that funeral will be yours...

Impressive to see ARB near level/slightly up, when most of NDX is down, most miners are down and BTC is weak!

@Jolly: I look at hundreds of stocks a week. I don't calculate the P/E for every company from first principles.

If you think the figure from Stock is wrong, then provide the real one + inputs or shut your mouth....

FACTS

1) They have £100m headroom on their debt facilities - this is from their RNS
2) They are still expecting to produce an underlying profit - this is from their RNS
3) They're starting to deleverage; it's going to be a slow process, a bit like Babco* International, but they will survive. - this is from their RNS

Rolls Royce is currently operating on forward P/E of 31.7 and they made a huge loss, while James Fisher is on 8 and they expect an operating profit. Let's get this in perspective.

ALL FACT.

@jolly - what do achieve by being here?

If you're neither short nor long, are you just lonely or are you hoping to enter. Try answering people in an honest way and offering useful info for others, rather than being a total prick and insulting people.

2020: 7.29
TTM: 7.10
2021E: 9.91
2022E: 7.80
12m Forecast Rolling: 8.0

So there are the facts from the Refinitiv/LSEG data. I think I'll stick with facts than the cryptic jumbles of a spreadbetter who's short FSJ and who has a very long history of cryptic junk on LSE boards.....