Member Info for Colenal

The plank of wood that Leonardo Di Caprio was hanging on to in that film that I'm not allowed to mention.

OSD - Some work with charts and some on instinct, not sure what is keeping me afloat, can't just be the licking my finger and holding it in the air but if it gets anymore of my money it won't be before .25, that's where I think it will be by the middle of next week.

To be fair though, we've had shed loads of entertainment from this.

Captain - I hope you are right. Normally someone would say 'not long now, and we will find out', but I don't think anyone will.

Msuk - As you know, I don't do charts but you are saying what i have said for a long time about this one, I would like to be wrong though, but I can't see it at the moment.

Good to see healthy debate. Everyone has an opinion whether they choose to voice it or not is their business, but it's always good to see others point of view.

Morning OSD, hope all is well there.

You have made my point exactly, the first part of your sentences tell me what they say their business is, which we all knew, but you then you add but we can't find out anything to substantiate that. Apparently they have managed revenue of about £125k per annum for 2023 & 2024 but have managed to lose figures both years that dwarf their income. A good heating engineer would earn more working on his own than they have lost and still be sitting in front of the TV before dinner is on the table, so the question we still need answering remains the same. What are they doing ? If you look at your portfolio you know who most of the companies are dealing with and why you are expecting good news tomorrow or next week ? While they are waiting on the Evoo platform to deliver them a revenue stream, what else is bringing them a meaningful profit ? They may well deliver a positive result for investors but I challenge anyone to to say with honesty that they have faith in the long term prospects here.

What were / are they doing apart from the A.I. market ?

Maybe late filing ?

Don't take that as my prediction, that's what I see as a maximum. I think we will all be rushing for the door on any meaningful movement. No good complaining, it's only July, summer hasn't got revved up yet.

My imagination only sees it going briefly to 3.5p on a good day with the wind behind it, but again I'd be happy to be wrong.

Got to be honest, back in January I could see the attraction of speculative A.I. ventures, but being a novice and a small player I like to think that a company is actually producing something or providing a service. Cykel isn't setting the world alight but they are in my view actually doing something, that isn't happening here. But as I'm sure you and a few others would tell me, a profit is a profit, so I shouldn't be snobbish about it.

Captain, you say 'just the share price' , that was the point I made in my first comment about needing constant news. I read a very interesting article the other day that said something along the lines of :- a company now has to provide mind-blowing results at each quarter to sustain a decent SP, just being good doesn't cut it anymore, the market expects to be shocked by how well a company is doing.

I have just been looking at my screen, I am 76% down here, the rest of my list sits between 67% up to 35% down but I don't think I hold anything else that has offered almost zero info to investors. I am going to have to be corrected if I am wrong here but my belief is that we are waiting on the launch of the Evoo website. If I am correct, what are SCGL doing to create revenue whilst waiting for revenue from that?

I am aware that some might feel I am negative but even the most patient of people, whatever they say publicly surely wouldn't have put money into this knowing what they know now, or rather, what they still don't know now. As I've said before, I don't call it being negative, I call it being realistic.

It does seem lately that everything needs a constant stream of good news to keep the SP up, so given that there has been almost zero communication here for 6 months, and what there has been hasn't been very useful to shareholders then it isn't really surprising that we are in this situation.

I hope you're right.

Looking like it will be below .3 before long.

Used to be. As I keep saying to my wife, another avenue of pleasure has just been closed to me.

And I won't be having an extra drink later because I had few on Friday and I promised the doctor I'd try to keep below 14 units a week. Shoot me now.