Member Info for crl123

Sorry. Disagree fully. More stealthy games than Hamlets on a Saturday. More crooked than Griselda’s nose. No siree.
It’s not at all kosher. Hope you don’t find out. My dwgree in economicsxand post -grad in investing were all just crumbs in the cake.Balanced market is bo******s. No disrespect. Just untrue.
( And only a very few mm’s go down boozer ..really ....most can’t wait to leave the City asap ! !But that’s just me being picky and pedantic even if that’s totally true too !) I wish I hadn’t studied and learned academic finance ..maybe I wouldn’t have got caught up in it . It’s not like the text books say . Neither are the Mm’s.
Setanta’s assertions hold much potential water. Market is not “ self-balancing”..
It is a falsity with respect to believe so. I had to unbelieve it over a span of 42 years.

It’s the ‘collapse’ bit I don’t like to hear.
Caveat emptor but I wish I was a little more thick-skinned. Happy to get my money back :-/
Thanks for post Set. and you may just be right re. manipulators. No Tr1nor RNS yet.
On verra.Mal sehen.( we’ll see).

Govt? Govt. does not care a jot. I have been involved in politics all my life. Ex party member. Left as couldn’t put up with the ignorance.They appoint the toothless FSA and PRA who do nothing except get paid for doing nothing. They are supposed to oversee fairness. The City is utterly corrupt and the government knows it but changes nothing as it makes them revenue.
I am consisteny involved in trying to get ministees to address things. Most of them are arrogant and lazy individuals who care little. Some are not of course. Shorting is banned in some European countries. It skews markets. Never happen here. My MP was the only one to turn up to the VW ministry debate.
We are stuck with AIM.
The Ombudsman is brilliant and I recommend. but nothing to do with markets unfortunately.
The LSE is a casino because the govt. do not care. Period.
Please excuse long tract/ woffle.

Interesting opinions on many areas. I still would have preferred Islandmagee done and dusted first. Good business does not over-risk itself and factors in potential for things going wrong. Many businesses ( especially including the business of Government !!) do not do this and suffer accordingly. Prudence as Gordon Brown famously quoted as Chancellor ( before he screwed up as PM). But it is as it is and Infa is suffering accordingly. I too bought at over a penny.....after the takeover. Showed my lack of prudence.
No RNS today.
Maybe one Monday.
Maybe not.But Strongly feasible IMO.
Fundraising? No idea.
Manipulators? No idea.
Mm’s involved in games? Without shred of a doubt I say.
The buy/sell is sometimes intentional bymm’s and often not. They will do it to obscure the truth for own reasons yes. But the computer does it automatically between bid/offer too.They also shove trades onto NEX in order to hide them. Very very often.
I have learned a whole kaleidoscope of tricks and devious manipulations bymm’s. Not just in AIM. And no...I’m not a conspiracist. I’m very much a maverick and even anti-establishment ...but I know the hard way how nasty and sneaky they can be. Money talks. Not morality.
No idea for sure what drop is about myself. My other share is on a 70% loss and that was massaged down a treat.
The company do not understand how AIM works. I think I do and I think they ought to but refuse to. Here? I don’t know if JW knows how deviously the AIM market can be played ( and even cleverly shorted by private gaggles at times. ) I hope he does.
All a bit of a mystery to me right now. 0.55 to 0.33 in a month (?)

I can see nothing but news on the way. Not a right issue as it’d raise zilch. Another Placing at 0.3p or some other intra-boardroom news. Infa should’ve kept to Islandmagee. Never understood the emergency for expansion. I am happy to be disagreed with.

Most of all I would say that companies need to treat shareholders better and with more practical respect. This company needs a share buyback urgently. Dividend second best as it’s feeding the already rich. The share price needs supporting. Along with a public face via weekly (?) PR !

NTM
Good post.
But the unexpected is unexpected.
Geopolitical risk is huge and underestimated.
Oil seems not the place to be right now. But oil has its ways of surprising at times . Like the stock market. Gordon Brown said he would get rid of boom/bust. Just before 2008.

Let us await RNS at 4:30 today or 7:00 Monday.

Stonking paper loss now.Who isn’t (?!)
Infa works on leaked infa ( mation).
Always has.
TR1 /Placing/Rights Issue/other funding/resgnation/whatever....
This is not meant to fuel irritation.
It’s how Infa works because I’ve been caught out from day one.
The question ( to me anyway) is....what?

Yes. Point taken. No secrecies perhaps. I’m wrong on that.

Hallo my old friend.
Well the ” other one” is total ****e right now. You are right. It goes nowhere. I am still in it and 70% down. But who is responsible? No-one but I !!! No-one made me buy them.
This little blighter is a kick in the teeth. Should’ve sold b/e a while back. Still hold from the takeover.
So...pecuniary position worst since 2016.
Each day one day at a time I usually say. No more so than now.
I hope you are well.
I feel that the market has awareness of something here and it may come out tomorrow or this week. Usually how Infa works. More leaks than the Titanic.

Well said. Sheep often lose rgeir way. Civil counter-arguments from BP are to be considered.
What we have found out about Infa over 3 years is that its information and fundings are always leaked.whatever they may be. The market is only interested in itself and not fairness. Hence the previous devious market “ pre-placing” movements which I fell for. Hard to believe that there is no news behind this. Infa responds in advance .

Not happy. What going on? Sitting on two slumping shares today. This is bit dramatic tho’ (??!)
Leaked info?

Why they won’t offer a dividend is beyond me. It makes the company a credible investworthy company not just a producer as the MD likes to refer to Trin. Perhaps he is not bothered about being investworthy.
The cashpile is not being held in order to build for offshore. No. That will not be another cash-call on investors either. Pledged. Demands more thsn £ 100k min. farm-in or merger. Is it worth it with SPT? I think not. 20% tax relief now. Not 50% in first year. Thank you Mr. Imbert... you moron.. who just wishes to win the election and not promote the economy by expanding and attracting business.
We underlings need to be nurtured somehow. Dividend or buyback only way.
Otherwise stuck in Sargasso. Come on Bruce. It was our decision to invest but we funded the Placing in essence by yielding to the price drop and now we are at post-financing low. It’s not all about bopd. Common shareholders need to becrespected too. I am not interested much in the dividend per se....just forgiving Trin back some credibility. After all....we are not responsible for extinguishing it.
Dividend. Share buyback? How do you push a mountain?
Fredr..welcome back!!!
Could not have got a cheaper price!!

Yes. Totally SKnight. Massive discount to NAV ( risked at 32p WH Unrisked 40p Cenkos) . The time to buy a solidly financially robust company with such discount is when it is out of favour. I know of one poster on LSE who used low-sentiment and discount to NAV together with low or no debt in several companies as to become very rich.
Re. political pressure regime off buyers?
Not necessarily. It’s the reason the price is so low in the first place and Trin have all but mitigated the nasty sting of SPT by scada/ future Haws/ ( to increase cheap onshore bopd) /hedging below $56 -$50/ no creditors. Their main failure is their incredibly stubborn unwillingness to acknowledge the necessity for consistent PR ( sadly necessary) and information flow which feeds the market. Almost to the point of secrecy. As a business they have done everything right.
But should value common or garden shareholders more . Many like me are very far from wealthy indeed and many have exited of late because of this.
A dividend IS feasible and would make Trin a more credible investment. That’s the only reason I would want it .
Strong cash balance and no debt. TGAL is an incredible 2c asset just waiting for taxes to allow instigation.
No matter what drivel I might come out with ( no you don’t need to agree)....
9p at this debt-free NAV is a once in a lifetime. If anyone is still here in 2 yrs when directors incentive plan matures.......well....no looking back for those who exited. Ridiculous superhuman patience needed for some shares but who’s gonna regret it then?otherwise

Your post is helpful and informative. I know nothing about Amer but agree fully with all you say.

I agree. Seller is a mystery. So be it . Control what you can and not what you can’t. Can’t control trading. TR1 is carefully managed to disguise seller.
One thing I have learned the hard way is buying too soon but particularly selling too soon. I would be an extraordinarily rich man had I held onto stocks like Ocado at 50p/ Arm at silly low price/ Stobart at 88p/ BAE/ Ferrexpo at 50p/ RBS bought at 10p/ Lloyds at 28p/ Glencore at 98p!!!etc etc etc. I sold them all. Mostly at a loss!!! When others were panicking and selling. You can’t count on any share doing well. But it was always in moments of the greatest uncertainty that others sold and me too. I have also been in shares like POG that I should never have bought. But even that has doubled from Placing price now and almost 80% higher than year ago. I sell too early. So it seems do many others. Each to their own. Mizz existence at this price . For me and a few others I know. But I have learned a lot ...and mirror Mr. Buffet’s approach.
But since my days are limited walking this curious world...I will not look back in regret. 2/3/4 yrs. ??? Already had 6 in Trin.
Take rough with rough.

Thank you. Encourages me somewhat. Hard times. Good times for anyone buying in but hard times for holders!

Yes they are. 11% I believe.
I think that they have to release TR1 every time if they were to sell.
Cash pile? It’s for opportunistic events and back up for drilling if unforeseen happens and funds fall short for drilling.
I wonder too if it a psychological buffer for the MD having been through 2015/6. Essentially the Placing 2018 is still debatable regarding its necessity. The cash is just sitting there. Actually our cash. At a 30% loss from 15p. Not a good reflection tbh.
But at 10pless than it just makes Trin a freaking giveaway. No debt. Cash. Assets. Generating free cash flow under any oil price and regardless of SPT. If we had an oil crash below $50 for 6 weeks or so then watch Trin rocket. Or $60-65 even.
Yess AA . Segels still here. They have to publicise if not.

2018 refers to bopd in Q3 2019