Member Info for CHEQUEMATE

Hi DE. I sold out of RNWH on Friday 13th! at 278p which along with the dividend gave me a very small profit. It remains on my watchlist though for a possible re-entry at the appropriate price. I think the main reason for the drop today is general market sentiment which has hit many shares. There is nothing share specific for the fall. As it happens I have re-invested the funds from the RNWH sale into MSLH which trades at pretty much the same price; but that is another story which seeing this is the RNWH board I won't go into here. Good luck and regards CM

Good evening compadre, good to see you on this board. I thought seriously of topping up my holding here today, but in the end sat it out, wasn't sure if I should put more in here or go for CCT. In the end I did neither. In no rush. I ideally want to see a little more confirmation of the share price trend heading North rather than basing things on just a day or two. I have some funding to invest now that I have sold out of CLL (at least for the time being). Used some of the funds released to top up in REDD. 3 year horizon?, could be right. Personally, I can't think that far ahead, wish I could. Good luck. Regards CM

Spread down to 1.85% right now, infact less on real time. Dividend may be less than posted, seen another quote of 3.7p. A dividend shows confidence by the company and as you say SS will attract new investors. Although not an absolute requirement for me when researching, a dividend is high on the tick list along with positive statements in any trading statement and outlook (essential). Very tempted to top up, but taking time out to consider further. No rush. Regards CM

Good evening Jolly. No, I have never been to Keswick's Theatre on the Lake, so no experience. I believe it is very good though and probably worth a visit. Car park will probably cost as much as entry knowing our dearly loved LDNPA. Not tempted to buy back into GBO. Just feel that if I did re-invest it would be another seat of my pants experience. Sometimes we just have to learn to let past loved ones go!. Past experience has been that when I do re-invest they tend to go wotsits up!. Usually a sign of getting too emotionally attached to a share. Also, I am not sure that there won't be another shorting attack on the company. There are plenty of other companies out there vying for my funds. Any views on the upcoming general election?. A little cautious to invest pretty much anywhere at this precise moment with so much being unclear as to a result. Markets lining up for a period of uncertainty imo and we know what that generally means - volatility. Mind you, having had a coalition over the last 5 years the market will have had some experience of a coalition now, so have an idea as to what expect - just don't know who will get in bed with who!. Regards CM

Always like someone with a sense of humour, lol. Sundaysun - re spreads, yes I know what you mean by the size of spread can discourage new investors. Very true. Robbie Burns, the Naked Trader, doesn't like investing in shares with a spread of greater than 5% because, as we know, the rise in share price required just to break even. Hasn't stopped him investing in QTX mind you. As a %, right now the spread is showing as 3.19%. Could be better but it could be a lot worse. Dare I say, that the kind of investor here is probably(????) the more astute investor who is not looking for a quick buck but more growth over a longer period of time. This is still under a lot of radars I feel. If and when it comes to more investors attention, including institutionals then the volume may pick up and the spread narrow. Looking at the share price chart and viewing volume beneath it, volume doesn't appear much at all. On another issue, dividends, I have just looked at the Stockopedia website. There appears to be a broker consensus that the dividend will be 4.35p. Make of that what you will. Just of interest. Regards CM

Sold out first thing this morning at 90p. Not a huge holding but wanted to sit back and watch from sidelines. Half expected the retrace. It could have been far more. I too may buy back once the dust has settled, funds permitting. Just not enough certainty about the outstanding VAT issues for me to be fully at ease. This is a good company, there just happens to be many others out there too vying for my attention and funds. This remains on my watchlist for a possible re-entry point. Regards CM

Think it is a one off, but there may be further charges, all be it less "material". Increase in divi may not balance out possible drop in share price today, emphasis on word possible, don't want to panic anyone; nor am I a deramper. Can't see anything to push this much North today since figures were already pretty much known from pre results statement in January; but who knows. Maybe I come out of this today, sit on the sidelines and then reinvest. Good luck CM

Not sure how this is going to go today re. share price after results. Seeing nothing in there to set the world alight and being hit for £2.1m VAT although this may be recoverable to an extent. Will see how this opens and then make uip my mind. Good luck CM

Good evening BT. Not such a good day for GBG, but as we both know no share goes up in a continuous straight line, there will always be a blip or two and this may be nothing more than that. Generally a better day for my holdings although CLL had to spoil the day by being the only one down. I have set a stop loss on it for tomorrow with its results out. There is a VAT issue which no doubt will be mentioned either positively or negatively. If the former I should have nothing to worry about, if the latter then the stop loss may kick in. Regarding e-mails, that would be good. It may be more secure initially to Skype and await acceptance from the other, then give out e-mail address. I expect it would be ok anyway. any thoughts?. No rush to get back to me. Have a good week. Regards CM P.S Glad you are out of COMS, a car crash still happening by the look of it and in slow motion. Shame, seemed a good prospect at one time - don't they all!.

Good evening Jolly. Thanks for the post. Yes, I have had more time to look into the results in more detail. Also it was flagged up yesterday on Stockopedia which was most useful. So, I have held back from investing again; managed to avoid heavy finger syndrome this time and hold back from hitting the button. Stays on my watchlist for now, but further down. Hope all is well with you and your investments. Regards CM

The spread is usually an indication of the liquidity of the share due to low or high volume. The actual spread of the share upon quotation will generally be far less. I have invested in some shares with big spreads in the past and have come out of them very well, most noticeably TRCS. Annoying I know, but nothing we can do about it unfortunately, unless we invest elsewhere. Regards CM

It's been a long, long time since I posted on here. I sold out back when the share price was around 66p having made 50% profit. PEN has remained on a watchlist ever since though. Expected todays results to push the sp over 100p and stay there, but something has pushed it way down. Very tempted to buy back in. Need to check first though as to why the sp fell, and look for any negatives to give me any warnings. Moving this forward onto a more prominent watchlist. Good luck and regards CM

Due on Thursday. Will be watching extremely closely re. VAT issue. Anything particularly negative I will be out for at least the short term. This may fall back to mid 80s if that is the case. Lets hope for plenty of positives and no negatives. Regards CM

Only 16,000 shares sold to affect the holding, so no great shakes, although a great shake would be good to get this moving North again. If I come across any news SF I will post it here. Nothing I am aware of at present. Regards and good lucki CM

Hello BT, thanks for the contact and your kind words. They are greatly appreciated. So much truth and wisdom. I am sorry to hear of your loss,. At such times it makes us realise what is important and what truly is not. Good to hear from you. You beat me to the posting about GBG. £2 in sight BT, £2!!!, who would have thought that at the beginning of the year?. Well done you for staying in, excellent. Makes up for the car crash as you have put it with COMS and MONI. Not sure what will happen with those two. Hope you didn't cop it too much. Stay clear of BOOM, it is another one of those which may take off and reach dizzy heights but in reality is more like to fizzle out; there is far better value out there with the "boring shares". Other shares mentioned - RPC. I invested there some time ago and took some decent profit before it took a retrace. Since then it has more than recovered. The lower oil price should help them greatly with their manufacturing costs; not sure about the weak Euro how that may play, possibly positive, possibly negative. HAYT - hold fire there would be my advice and wait for the trend to turn and invest into strength; it is struggling at present. Needs a good healthy RNS and sentiment to change. May head back towards 80p then drift yet again. REDD - very nearly topped up today, held off but watching very closely. Can't comment on the other shares, no knowledge. Did you invest in KIBO?. I have sold out of RNWH and RM., the former for a very small profit taking dividend into consideration, the latter at a loss around 10%. I had lost confidence in RM despite contrasting opinions because it is involved in the education market and I fear cutbacks or the fear of cutbacks close to and/or after the next election. Too much of their revenue is dependant on present contracts. I hate losing money as we all do, but believe we have to take our losses before they get out of hand. Warren Buffet it was I believe who said there are only 2 rules to successful investing: Rule 1: don't lose money and Rule 2: don't forget Rule 1!. BT, if you want to have contact off the boards at any time I am happy to come to some arrangement where we can swap email addresses, or Skype. Happy to discuss whatever, from investment intentions, to personal life, to where is the best place to buy a good Jura etc. Just a thought my friend. Catch you sometime. Take care and kind regards CM

No guarantees Sundaysun, but lets hope so. Keeping my powder dry here. Better growth story here than many other places. Time will tell. Still early days but the fact that it is the companys intention to pay a dividend is a promising sign; although in the first instance it is unlikely to amount to much. Best guess, and it is no more than that, would be around 2p a share. Regards CM

Wise words Sunday - "buying into strength". Too many investors(?) do the opposite, buying into weakness and selling into strength. Often the "trend is our friend" which works both ways, both up and down. It is easy to buy, far more difficult to sell, particularly our dead ducks. Regards and good luck CM

RNS - Schroders have increased their holdings today to over 21%, another 500,000 shares. Could do with it being reflected in the share price. Regards CM

I have spent some time this evening trying to work out why the share price is so weak right now. I have read through, as best I can, the last set of results. There are a few uncertainties within it if you look through it. I wonder how much the share price may be being affected by the uncertainty of the upcoming general election and any perceived spending cuts?. The last few years has seen a trading update during the last week of March or near to it. Hopefully we will get an update this year which will give a clearer picture as to how things are going/have gone. With some luck by then the share price will be North of where it is now. I review what I will do with my holdings at that time and decide what to do, unless something drastic happens in the meantime!. An encouraging aspect is that Schroders increased their holding to just over 20% in early February. I would sincerely hope that they would not be increasing their holdings unless they were confident of the companys prospects. OS - thanks for your post. Tangible Net Worth............not a lot wiser. How is that worked out please anyone?, and what exactly does it mean?. Regards CM

Hurrah!, I'm not on my own!, there is life out there, someone has found me, yo!. Hello Libero, thanks for joining me. Thanks for your post. Just one question...........what is TNW?, can't think what it is right now. Usually I can't make head nor tail of share price movement here, no logic at all. Regards CM