The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I am not qualified to comment much on this independent assessment of the assets of SRON. I can see your problem with Bezzecca 2 but am not sure that I expected anything else. Like all things in mining and AIM we very much have to trust the bosses. It might be non-clever of me but I'm sure developing Bessecca 2 will be ongoing still. They do have lots to do...
Main points as I understood them. 1) There were some 80 people in the audience. 2) Mr. Ilham Habibie, very well known in Indonesia is a welcome addition to the board. 3) There is a definite switch of Company interest from Italy to Indonesia, an excellent future market, and lots of gas. 4) The atmosphere from all speakers was very enthusiastic about the future of CORO. 5) The company is well financed with good professional support. 6) There will be extra CORO shares available to SRON holders who would like more. 7) I was assured that the switch from SRON to CORO would be straight forward for SRON holders. 8) I was congratulated by two of the speakers for holding a good number of SRON shares. Well we will see, BUT it is the first such meeting that I have left feeling really, genuinely positive. I am hoping there may be one or two further reports of the meeting from others as I found the social atmosphere made it difficult to make sensible notes.
At least I assume you have been influenced by the numeric part of your posting name... You really have set my hopes aflame. !0.5 p would give me a 43% profit. My problem is that I am genuinely beginning to believe my own hopes and research. I suppose every investor has to dream. As an ex-teacher I am always slightly suspicious of mathematical predictions, but it is great that Chesh is on board to offer them. I tend to look for leaders I like, rather than following success. I have yet to meet either Andrew Walwyn or Frank Water but will be on the first train when I hear of any business seminar they are addressing. Please post if you hear of one. I always invest for the long term and only in companies that I like. This can lead to very optimistic posts about my investments, and also means I never invest in certain areas like banks and betting companies, probably at my own cost. Well we will see over the next two years...
Indeed the only one finishing up today. Can anyone explain to me why SAT seems to be so far off everybody's radar? I do not think I have ever been so sure of an AIM investment. I know I'm talking long term but I genuinely believe this to be a company in its infant shoes which is going to grow very fast. I understand the company wanting to grow by acquisition and agree, though I do hope that there are board members watching these additions carefully. They even appear to have governments encouraging them. Perhaps that should worry us as well. But just look at their growth...
I have two shares out of ten in the blue today. RMG of course but also EQN, though EQN has been struggling a little after a brilliant first year. I am trying to build a decent holding here but things keep happening. I want to hold some cash for the forthcoming launch of CORO next Thursday for instance. I should add that I never actually keep cash, but prefer to have a 'storage' share that I use as a cash store, currently this is LLOY because the price moves generally upward a little at a time and it pays such a brilliant dividend that more than pays for all my buys and sells.
Interesting that Record is the only share in my portfolio of ten that has risen today. I fell into buying Record some ten years ago when we started a small share club. I heard Neil Record speaking about his company and we bought as a club. The club is now defunct but I keep my holding , although I do tend to sell to trade other companies. At the moment it is well down because of funding my other adventures... but it will come back. Neil Record is one of the few managers of financial companies that I trust, but have only met him two or three times.
18:00 hrs Grace Hall, 147 Leadenhall St, EC3V 4QT. I am going to attend as I only have a 30 minute journey from home. I suspect I will not learn much but will report back here my understanding of the meeting. Now the real question is 'how good a buy is CORO?' That is my reason for attending. I presume the timing is totally connected with the admission document the following day. No opinion because you can currently do nothing with this share. I intend to give each speaker an information rating from 0 up to 10 by counting the facts stated.
Thank you for your link. It is very informative. Here it is again https://www.investorschronicle.co.uk/comment/2018/02/05/enlightening-calls/
Thank you all for your reports of the meeting. I was on my way to attend when the Northern Line was brought to a halt by a pedestrian on the line. The rain was heavy enough to prevent further travel. I am trying to decide if I missed much but really I attend more to meet the people in charge than in any real expectation of exciting news. Next time I shall leave an hour earlier and enjoy a pub snack.
Up 0.2p today which is 2.61%. That is what the AIM market is good at, amplifying small progress. And at last I am really in profit with 4.5% so far. Last time I posted here I accidentally upset some longer term holders who reminded me firmly that they were facing a real loss here, and looking at the 2 year graph we still have some way to go. But I have seldom been so certain of a share, especially on AIM. Just look at the news on this site. A very active and go ahead company
Strong buy if we could! I now have two companies connected to MM both of which are unsalable from my account at the moment. SRON of course but also WRES though the latter may be just a stupid website error at Selftrade. As some �40000 is involved it is a real problem for me.
Well a strong buy I THINK... I have received a second phone call from Turner Pope. I have read the documents carefully and can see no reason to open an account with them. I have nothing against TP, having attended various Shareholder meetings that I found very helpful, though mainly because I like to feel I know a little about our executives. If they are actually in a position to give a better price on CORO I would feel that ought to be illegal, and I really don't like the phrases "keep you in the loop" and I am certainly no "insider". Perhaps I am being over sensitive and certainly I lack expertise in all this, so take my concerns with that in mind.
Did not mean to offend i any way. I have only been invested here since August 2016 so was pleased with an increase from 7p to 7.6p which shows as 8.5% in 5 months. There was of course a peak of 8.5p in mid September which might played havoc with my average price had it lasted longer. As it is my average price paid is just under 7.3p now so I am pleased with the company so far. You are perfectly correct to point out that you have see a fall from 8.5p in 2016, and I should have had more understanding of the position of others. However what really gives me hope is the steady, undramatic growth shown in the yearly figures. Growth in customers and profit, coupled with the fact that the price has been higher before, must surely give hope to all shareholders. My delay in responding is because the site was having problems during my session yesterday.
Just received a telephone call from Turner Pope, followed by emails. Basiclly they are saying I need to join them, by filling in a fairly long form, and then I can be kept "in the loop" as an "insider". The telephone caller seemed to be suggesting I needed to do this in order to receive my CORO shares. To be fair the line was not good and I may have misunderstood that part of the conversation.
Thanks for your post. What a great year for investors in SAT. I invested early August because I wanted a replacement for Inmarsat a company that did really well for me but I felt had lost its early excitement. I have gradually added when the price was right and am averaging 7.4p and am nearly at my self-imposed limit of £20,000. I am currently only 5% up since August, but share the optimism of you and others on this board. Currently SAT is growing and acquiring so quickly that 10p has to be a target for 2018. What I would love to see is the start of a dividend policy, but growth is more immediately important. My report based solely on my trusted financial adviser whose name is courtier, is an outstanding and hardworking A+.
Thanks for your post. What a great year for investors in SAT. I invested early August because I wanted a replacement for Inmarsat a company that did really well for me but I felt had lost its early excitement. I have gradually added when the price was right and am averaging 7.4p and am nearly at my self-imposed limit of £20,000. I am currently only 5% up since August, but share the optimism of you and others on this board. Currently SAT is growing and acquiring so quickly that 10p has to be a target for 2018. What I would love to see is the start of a dividend policy, but growth is more immediately important. My report based solely on my trusted financial adviser whose name is courtier, is an outstanding and hardworking A+.
Just look at the one year chart for EMAN. It is jerky but but always upward path. From just under £1 to £2.11 in the year. That is 111% up in 2016. The only problem is that the year before it hovered around £1 continuously. I think that the expansion policy, with new venues opening, is the reason for this. Keep it up EMAN. I must add as always that my wife and I really enjoy our membership which is the reason we bought in the first place. The cinemas are comfortable, not too big and the staff always pleasant.