Member Info for CHEQUEMATE

Stone the crows and starve the lizards!,............RPC has ended the day up!. Sure things will be ok. just a matter of sitting tight. Good luck all. Regards CM

A couple of very large late buys may have steadied todays price and led to a slightly stronger close than would otherwise had been. However, tomorrow is another day and we will have to wait and see what happens. I never like to see a share fall by as much as it did yesterday; it generally means it will fall further. I suppose I should be happy with any profit, but it was disappointing to see it halve so quickly. I will keep this on my watchlist. Believe this will recover but not sure from what level; who knows, perhaps it will be from here. Regards and good luck. CM

Have sold my small holding in RNO, not because I don't think there is recovery potential but because I see this falling further, perhaps to around 30p or so; at which time I will consider buying back in. Want to preserve the small profit I have made. Good luck all. Regrds CM

Quite a positive RNS it may have been, but unfortunately the market has decided to concentrate on "growth having moderated" in the 2nd half in Europe where ongoing economic uncertainty has resulted in sales volatility and where Swiss manufacturing output has been reduced by the strength of the Swiss franc. This slowdown has been more than offset by the Groups rest of the world sales, which continued to grow and were above double digit levels in the Americas, , India and South East Asia. While European growth is likely to be moderated by the ongoing economic uncertainty, good sales growth is still expected to continue in both divisions in the rest of the world. Todays sp movement was very disappointing and imo well overdone. That is the market for us, concentrating on the negatives and not the positives. Nothing we can do about it. Expect further volatility. Had I had the time this morning before work to read the RNS and reflect on it more, I may have sold out, but the fall was pretty quick after the initial rise. I still believe in the long term prospects of RNO. Anyone any other thoughts?. Regards and good luck. CM

Todays RNS. GB today launches additional country coverage of its identification verification suite to Holland, Germany, Switzerland and Austria. Expect some upward movement (said hopefully!). Good luck all. Regards CM

Recommended as a buy today on growthcompanyinvestor.co.uk. Very interesting to see who some of the main shareholders are......Slater investments, Peter Gyllenhammar........big hitters!. EPS, P/E, PEG all good. Not too many shares in issue, market cap small, good relative strength (within 20% of years high). Hmm, very interesting. Need to do some more research, but definitely on my radar. Hope the mm won't drop the sp by the 3p. forecast to be returned to the shareholders but wouldn't be a bit surprised. Good luck all. Regards CM

Yet again buys are being shown as sells. Bought small amount this a.m but shown as a sell. Suspect same for most trades at around 62.75p. Gives a false impression as to what is truly happening re. trades. Annoying!. CM

Having trawled the FTSE All share Index, using strict criteria to invest on the back off, I came across RPC. It met all of my criteria, and although it has fallen back a little of late I have invested. The fundamentals look very good, looking at the p/e ratio, eps, PEG, institutional investment, no. of shares issued (not too many), and the latest report and chairmans comments, plus RPC pays a dividend. Think the retrace is only temporary before rising again. Good luck all. Regards CM

Good evening Ridingwaves. Sorry about the delay in getting back to you; I'm afraid that 4 letter word.....work; got in the way. The criteria I have set to look at potential investments are the following (in no particular order) 1. A positive growth rate in earning per share. 2. A price earnings growth factor (PEG) of under 1; preferably under 0.75. 3. Positive chairmans statement in the latest report. 4. Relatively small market cap. 5. High relative strength in the share price compared to the market (preferably within 20% of its' high). 6. A dividend yield. 7. Directors should have a significant shareholding. 8. Institutional shareholdings. You could also add in that the company should ideally have something new to offer, have a competitive advantage and a reasonable asset position. Some of the points above are more important than others, some are not imperative. Many growth companies do not pay a dividend. A company investing much of its profits into research and development rather than pay dividends is worthy of consideration and wouldn't be excluded from any list of mine. Most of the shares on my initial list have risen over the last week/2 weeks since drawing it up. Most of them are not exciting/sexy companies and may be regarded by many as boring. But, a lot of the background research/study of mine has been on the basis of an excellent publication (probably out of print now) called "The Zulu Principle - making extraordinary profits from ordinary shares" by Jim Slater, published back around 1992. This preceeded the internet, so much of it refers to relying on brokers etc. to get information; how different things are now. However, the principles remain the same. So many investors want to get rich quickly and go for the high risk/high reward companies like the oil and gas small caps. and come terribly unstuck (myself included in the past). They are called high risk for a very good reason.......How many of those investors would want to invest in the likes of the companies I have mentioned?, but how many of them get the returns that I have seen?. I have had a quick look at the companies you have mentioned, but in truth I will need to do more research. It may well be that you and I are looking at very similar criteria before investing. This really can be and has to be a waiting game, waiting for the right company, set of results, fundamentals etc., rather than just pile into anything. I've lost too much money in the past. Now I have to remain focused. Interested to know what your investment criteria is. Good luck. Regards CM

Hi R. I will get back to you, probably tomorrow to discuss things. I am at work just now. Needle ina haystack is right though. GBG is best bet so far. Was also lookimg at SGI, NBL, AVG, SNCL, AMO, IDOX. and more recently RPC., Will get back 2 you to say why, strict criteria. Regards, CM

Good evening Ridingwaves Before investing in GBG I trawled through the entire AIM All Share Index for shares which met strict criteria. This narrowed the field down to about 9 shares for further research. Eventually the field was further narrowed to around 4 or 5 shares; of which GBG was, imo, the best opportunity. I have averaged up twice in the last week, having read and re-read the fundamentals. I may be wrong, but I believe there is a long way for this share to go. What is very encouraging is in the last trading statement is said ".......we anticipate that our results will be AT LEAST in line with market expectations". If that proves to be true then expect the share price to jump. What is more this share is paying a dividend. Although not a lot, there is room, results depending, for the dividend to be increased. Certainly a share to keep an eye on at the very least. Have a good weekend. Regards CM

Good morning Pedant. Thanks for the post. Will look into it more later when back from work. Have a good day. Regards CM

Have had a longer look at DOTD. Looks promising. Visited their website though which seems pretty limiting!. However, it has a glowing report from growthcompanyinvestor.co.uk in a report last October when the share price was 7.875p. In the companies latest update it is cautionary about the macro economic situation, which just makes me hesitate a little. This is one of those "do I?, don't I?" situations. What are your friends friend thoughts on this?. Good to see directors holdings and who some of the instituional investors are; notably Blackrock. Meets most of my criteria for investing; hmm!. Want to look at RPC again along with AVG. Did you notice SNCL move today (on my watchlist)?. Apologies for being off topic folks. Regards CM

Good evening folks. Good to hear from you again hugh. Not sure when the results are due, think it may be by end of May, with a trading update sometime in April. Latest update was positive. Pedant - thanks for your post. Have had a very quick look at some of the companies you mentioned; need to go into more depth. On the face of it DOTD looks most interesting; but needs a lot more research. Will get back to you with my thoughts. Have a good weekend all; I'll be busy working again!. Regards CM

Although a little disappointing today, the list of major shareholders in TMZ remains impressive. If you visit the Toumaz.co.uk website and click on the "about us" button, it will take you to a video presentation by Chris Toumazou explaining Toumaz products. Much of it was above my head, but it was very well presented and interesting. The man certainly seems to know what he is talking about and enthusiastic. If I knew how to post the link I would do; perhaps someone can explain it to me (preferably in words of one syllable). Think the sp will pick up, but bear in mind the extra shares issued will probably be having a dillutive effect. Good luck all, and have a good weekend. Regards CM

Good afternoon Pedant. Just seen your post from Tuesday. RNO is having a good day, hmmm, looks promising. Have thought about investing more, but content in the holding I have. May await next trading statement before doing anything else. Looking at barchart.com shows that RNO has today broken through both the first and second resistance level and has a strong buy recommendation. Not long ago this was rated as a strong sell; sometimes you just have to trust your instinct and judgement and wait. IF RNO can break through the 40p barrier and hold it then things will become very interesting. Who was the senior investor who recommended CPX? (don't need to know). Have they recommended anything else and if so how have they performed?. Lacey mentioned CPX sometime ago on GBO bb; I too took it no further. Then again some recommendations by brokers have done diddly squit (at best). Still need to do our own research. We need to be confident (as best we can) in what we are investing in.......even then it can be a gamble, but at least we will have a better idea of what we are investing in. Don't worry about missing CPX, there will be other opportunities out there. A lot of the time you just have to wait, keep looking........and wait a bit longer. Regards CM

Ooops!. Oh dear!. I have been near to doing that myself on shares when the accept and cancel buttons are next to each other; have very nearly sold when just checking the price!. You still have time to buy GBG, imo, if you are thinking about it. Tend to agree with you re. the market which is why it is important right now to stock pick rather than use a scattergun approach. Think GBG will be ok. As for QPP, well, I am waiting for statement on 19 March. I won't be buying anymore until at least then and may well then take a quick profit (if that is what it will be). Have a good day. Regards CM

Good evening. Looking at last nights post perhaps I did get a little carried away for me re enthusiasm and/or confidence!. I am not too surprised there was a slight retrace today. Disappointed with my broker today that my buy order was not executed when within the limits. Rang them to find out why only to be put on hold and have to finish the call before an answer because the credit on my mobile was running out!.........thanks a bunch!. However, I did buy in again at 62.81p later, a touch higher than I could have done moments earlier; nevermind. I am at my limit now here and unless I sell elsewhere I am very hesitant to invest more in the market. I will continue to delve into my research though and report back........still quite a bit to do. Broker note out today has raised the target price for GBG to 70p, with a buy rating......not why I bought in, I would have done anyway. Not too much notice should be taken of the note, of interest only. Would be worth taking note had it reduced the target price. IMO, GBG will go higher than 70p, quite possibly in April if not before with the next trading update. In the interim statement on 30 January it was stated ".....The performance of the group has been very encouraging in the 3rd. quarter, and consequently, we anticipate that our full year results will be at least in line with current market expectations." Good luck all. Regards CM

Thanks for your comments folks, much appreciated. As I said on the RNO bb last week or whenever Pedant, this is only one day. Hopefully it will lead to something big, but I am keeping my feet firmly on the ground. Surprised by todays movement though, I had seen it up 1.5p at lunchtime when at the library and checked on the buy price. Ran out of time though to decide on further investment, whilst looking into RNO. Don't be too concerned about missing out today Pedant. If a share was worth buying today, then if it is any good it will still be worth buying tomorrow. Fundamentals and news here are very good, meet all of my criteria. It is very strong at present and is now at a 52 week high (a very strong sign). Too often people think they have missed the boat; if that is the case they must be argue-ing that the sp can not go higher, or not much anyway. Not true, believe me it can. Conversely, people argue the other way around that the sp for the share they are holding can't go down any further and so they do the opposite and buy more. Not true again, believe me any sp can ALWAYS go lower. 2 examples: FENR and NGL. FENR - sold out at around 80p, did NOT buy back in when it was rising. Where is it today?...........£4.65! NGL - did NOT sell out at 50p, eventually did at 36p. Where is it today?...........4.63p! I have already averaged UP for GBG, I have just put a buy order in for tomorrow, taking my average UP again. I am very confident; UNUSUALLY confident, that this has further to go. I am NOT going to tell you to buy; that has to be your choice. I have got things wrong in the past, hopefully not this time. If you have the time look at the latest trading statement and news, plus comment (for what it is worth) on growthcompanyinvestor.co.uk. SGI will have to wait. Good luck with all your investments folks, Here's to good times!. Regards CM

No problems, will share my research. No, I don't like oil shares, lost 2 much, but good luck Pedant, you must choose your own path. Just be careful you don't get taken in by the nonsence spouted on the bb by some self professed expert, it can cost you dearly. And they don't like hearing an alternative view. I just have to walk away and leave them to it, wishing them well. They remain blinkered and wedded to their share regardless, I've been there, done the course, bought the t shirt etc. Good night. Regards, CM