Member Info for CentralCashier

Current prices that’s undervalued the company by 7x. Less other costs and liabilities that need settling that maybe gives a possible 5x return. After other costs and any presumed deal that would get done I imagine a big bulk of shares to get forward sold, so what’s the best case potential upside from here, 3x ? And that’s a very big IF. I may take a small (tiny) position at this price as the loss is either going to be a tax write or a multi bagger. Anyone else thinking of getting involved I would do a lot of research. Good luck all.

Fortune favours the brave. At this level realistically you could expect to loose 20-30% of your investment compared to the NAV at this point. However, the *potential* upsides are very good, all good pointers for a "punt" stock. In days of old before message boards you wouldn't have the doubt associated with shares such as this. Do your own research, pick an entry price and wait. Be prepared for the price to drop and be ready to loose the investment. If you have a large bluebird holding the potential upsides are genuinely life changing, I doubt life altering if you lost. Theres almost no liquidity in the share, lots of "long term holders" so the amount of shares traded to reflect the price change isn't really notable.

Sold shares today 300k, shares purchased over 2m, yet the price is down over 7%.

I think anyone in at this level expects massive fluctuation and this is definitely a gamble. South Korea is either going to be a no go, or the cause of a re-rate. Invest (or don't) and find out, pretty pointless issuing an RNS with nothing to say. I like others am down on my investment, but the percentage down is nothing compared to the gains if we get mining. Not a huge part of the portfolio and a risk I am willing to take, good luck to all.

Had this on my radar for a while, had 10p as an entry price (for a long term investment) as I believed in the company but was looking for more volume before being able to join, Happy to be in here. Well done all in well before, pleased its gaining traction.

Anyone see the RNS, Morgan Stanley started to dump?

Hanover Flooring, purchased for circa £25m and now disposed of with no RNS (and a past-dated companies house filing)? Seems suspicious that's all.

anyone see this? https://*************.com/views/78727/breaking-victoria-now-tell-us-about-the-undeclared-sale-of-hanover-to-a-convicted-criminal

Needed those nerves at below 50p. IMO more risk/reward available elsewhere this will yo-yo here between £1 and 1.50 for some time, probably until the next earnings (IMO).

Elephants don't gallop. Anyone who can read a balance sheet and has taken the time to study the mines properly will know what great potential this has. If you don't want to invest, short the stock and see how far that gets you. If you don't want to short the stock I presume you are not brave enough to invest and therefor the negative comments are nothing more than jealousy.

What a day, well done all and hopefully we an see the real fruits over the coming year.

I meant 04X as the bottom, but hopefully you catch my drift (if you care).

You can never predict the bottom, or the top. I personally think that 049X is as low as this may go and happy to jump in here for more. This is "old fashioned" investing, good fundamentals and a healthy balance sheet. A forced seller has caused (in my opinion) a great entry point for new investors, it may be 3-6 months but there is no reason of 07 or even 1.0X as soon as these forced shares have gone. We will probably see a small re-trace once the scalpers who buy here sell, then if things continue on the track they are now we may even see 1.5X by the end of this year. Not a bad punt here for a small portion of your portfolio.

Great results, we could see 10p today.

Patience is key here, fundamentals are all good, balance sheets in good order. Its not sexy, but buys at this level should see some healthy returns. It was flagged by many as a buy at 7-7.5p, a stop raid or impatient investors? Who knows, but certainly my opinion is that the good times can't be far away. It is worth noting, that even at the current prices, there isn't that much liquidity for buyers that want in. DYOR, GLA.

You are aware Singer Capital Markers are employed by VCP?

Keep a close eye on L2 trades and don't be left holding the bag. Has been a profitable share to swing trade, but I wouldn't be surprised if it stabilises £1-£1.50 for a while. Good luck.

What’s the consensus on this? Some talk of 20p in the future, seems like it might still have some legs?

We all sell eventually, each with their own targets. If you want to look on companies house, Abingdon Flooring limited is the "flagship" of the UK operation, last year they were up on turnover, down on profit. Yes this company has good potential, but it isn't without its problems. 120% return on a company with a volatile share price is good enough for me. I hope it hits the highs of £2 soon for all involved at the current price point.

Good luck all still in, I'm out now. To be honest the trading update yesterday was not as impressive as hoped, there was a good analysis of the figures on the Bearcast yesterday, don't need to be greedy and any return of over 100% is not to be frowned upon. I can see this yo-yoi'ng between £1 and £1.50 for some time now, hope for more for all those involved. One thing I would be cautious of is the debt, it won't effect the company (that much) if a debt to equity swap takes place as it will the shareholders.

Don't forget where this was last week, the week on week gains at this level are solid. Anything more than 10% increase in a day is a dream. The volumes are currently a day traders wet dream, so anyone who made 20% today and cashed in at the highs would do well, those holding have made 10% in a day. £1.50 seems a fair, but low value. £2-3 is not unrealistic, but none of us have a crystal ball.