H/L won’t give me info. Got 3 family members in H/L. All 3 of us didn’t get subscription amoint promosed. How is it that some people know what’s happening?
Absolutely. Been saying that a while. I have had the idea that CLN payoff on 15th Aug and update in Sep. could be real turning points. I am amazed that more p/i's and ii's have not bought in at these prices. If this rerates then it may well do what it normally does.....with a vengeance. Now is def. the time to buy in. I said same at 15.9p last week.....now we are at 17p.Djryan did well and seized the opportunity at 15.9p(I couldn't as fully invested and nothing spare.). This share is begging to be bought even at 17p .
well...we holders know the truth. This is AIM. It's generally a short-sighted and short-term index.MM's rule the roost and look for volume above all...more than value certainly.I think the market will catch on when the Placing overhang is out of the way. I think the 307k buy and 250k buy a proof of pudding today. They show as sells but are not.Anyone with spare dosh is a fool not to shove it in here right now...it's money asking to be made. I am not a ramper. i don't agree with it nor partake. Just saying it like it is. I've been p.....off as hell by the drop as I hold so many.......but byG** I would not be in any other company in AIM. No debt!! Huge assets. politically stable. Fiscal reform potential.Above all $30 a barrel breakeven inc offshore. 412 onshore and onshore growing. I've been a miserable bu**er because of the Placing......really miserable. Because I only got 28% subscription and invested before the Placing. Doh ! but this is as safe as houses as far as investing goes.Nothing is safe....but this is a safe as it gets with enormous growth opportunities.Buy while u can at this price I say.I wish I could've done.No cash unfort.
Nice little buy of 307,00 shares at 10 o'clockish. Down as a sell but actually a buy.IMO we are likey to see things pick up...especially as we approach september and dealers/brokers/insti managers are back from Seychelles/Acapulco/yacht fun etc.
Hey mate. I’ll rant flr gou. It’s boll**s. Link Asset Management are dealing with the allocation. But your contract as a customer is with Share Centre They owe u. Link don’t. It’s tgeir responsibility. Go rant!! You know I do. It’s valid. I have formal rants ( complaints) with HL and Link. But they don’t owe me money. I would be livid and ranting mate. Go for it. I live 12 miles from Share Centre. I’ll go collect your dosh or threaten for u.
That there is a persistent seller.Not random. Price rises and a sell appears. I think someon( shorter/ Placee) is offloading. This may stay low for a while. A very good biuying opportunity but frustrating regarding s/p.
Hi mate. You sent a couple of nice posts. What I meNt re. nothing was I had no money. At all . Nothing. Nada . Nichts. Rien . Niente. Not a bean. I saved all my life ...worked my socks off and inherited a bit in 2001 when my Dad died. I invested well but like you I became a bit gung ho and too risky. I didn’t do my research. I paid off until the crash in 2008 and I lost a fortune in banks. I then invested in oil and gold. Petropavlovsk and Trinity POG was dishonest and corrupt and led us on to buy more shares knowingly. Then a 15:1 rights issue took £100k from me overnight. It was a genuine mean and corrupt event that ruined lives...not just mine. I detest the Hambro dynasty for that. Ruined many lives. Then 3 months later oil collapsed. I bought Trin at £1:20 !! I bought more at 85p. Then 28p. Then 15p. Then L and G and another 10% holder sold their holding overnight and Trin sank to 5p in July 2015. In July 2016 Citibank froze Trin’s assets and Trin’s s/p became 0 .until unexpected refinancing in December 2016 implemented in January 2017 at 6p. I trusted one petson in management..Tracy Mackenzie ...who is still there. I bought £20k at 1.49-3p. It was the lump sum from my pension. I took a big nig very calculated risk.I had no
money at all ...zero....for 6 months. I earned a little. Enough to live hand to mouth. Literally. Just paying bills.
Trin re-emerged 18 months ago. I have got to know rhe company so well now! Sadly lost my job last summer so this is all I have in here. Have had a very rocky road in life in general and grafted for everything ( 2 Uni degrees plus post-grad plus PGCE ) so I was given nothing. Had to do it all myself from very very young age...so I am happy to give and not have my kids struggle as much as I had to :-)
Well...you did ask!!!
Trinity is as solid a company as you will fond...AIM or FTSE 100. No skeletons. I’m pi** ed off about the timing but with s/p at 28p it gave them the leverage to borrow at discounted 15p. Hence the timing. Investors not buying now are dumasses. They would be buying into as close to a dead-cert as exists. They don’t exist of course. I know this company. The old hands have left. Good! Sloppy!! The new guard are sharper. They don’t understand AIM and that’s a shame. They should be in FTSE 250 really. I’m not in your position. Being asset and cash stable is strong and good.Good for you. I am not. I have always lived pushing the comfort zone as I know our time is fragile and limited. Lifetime health issue ( anxiety) makes me push comfort zone harder!! I’m a bit of a lone wolf too but probably in different ways. I don’t run a successful company and do not have spare cash to invest but my social life certainly has lone wolf-like tendencies!! My only contacts now are through the gym and martial arts which I’ve done 42 yrs now.And my delightful border collie Riley!!
So for me I’m happy to give.appropriat
to see WTI firming.Stocks took a real bashing today!! Look at commodities. Esp. Ferrexpo and Kazakhmys. I suspect inventories will support oil soon as it is US driving season.On the other hand Permian Basin is pumping at max and shale is surprisingly strong.This may have reprrcussions later in year if the 2 tier pphilosophy of the oil strata proves right. ( second tier v. expensive after first tier depleted). Hard to know the truth with all the oil media guff printed.
Oil looks 67-72 for time being. Big profits for Trin regardless of SPT. ( $54.4 discounted oil threshold). S/p taking a hit due to volume of sellers IMO. Probably 4-6 weeks of this. At least. Selling seems relentless. Might be the shorter who took 3% originally. That’s a lot of shares!!! More selling to come maybe.
(DJ ..sorry...was on top of hill in Norfolk and missed part of your post. Re. hand to mouth. I agree. How I have lived too.Not so awful sometimes . It’s not all about money. I have been a pauper too. Re. delaying a year..my son has a lifetime health issue and needs helping now..and he has always run his own life regardless and still does. But he needs a roof now..can’t wait. Just poor timing for me..I have lost enough people close to me in my time. I can live with losing out myself and giving because once I had nothing at all. Got a bit left ! P.s. You can afford to forget about Trin . I can’t . I have no other asset or income. Worth making that clear. Just have to take shit-hit now. I know worse sufferings.
Like you say...different circumstances.
Anyway..that aside. ...it’s good to have some input on this board. Lots have seemingly departed.
August is a notoriously bad month for shares. Many reasons. Last year Trin reached 9.9p in August. The selling continues. A GREAT time to buy but investors are elsewhere. BIG error. If I could buy I would.If Trin got the PR rolling again then people might see this is a total total steal at 16p. But allquiet on Western Front re. PR. Shame. This is total bargain bucket now. Can’t believe people selling at worst time unless placers or shorter or subscribers who got 15p. Otherwise it’s a ridiculous time to sell. But they are anyway. Shame the punters don’t know about Trin and are missing out at 16p !! Need another Sunday Mail story.
There may be other stuff going on behind scenes anyway . Mr. Dingwall never been one to miss a sale opportunity !! We’ll see. Can’t see him happy with 16p. Only 1p up on Placed shares.Anyway...this share is one to forget about. But unfort . can’t. . All we have. ( and God it’s been a long 5 ferkin’ yesrs! Be nice if he did sell it !!!!)
Hi mate. Not lending. Giving it to him I’m not lucky to have it really . Lifetime’s earnings and hard work . And fortuitous investing. But I had nothing 2 years ago .lost it all. And made some back. I am not young. “ Never send to know for whom the bell tolls..ot tolls for thee. “ ( J Donne). I’d rather give while I am still here. Just unfortunate timing.
Always my choice to give It’s just my philosophy of living. I give to and help whomever appropriate. Family or not. Not inappropriately of course. Me and Manaca had not a penny 2 yrs ago . That puts it all into perspective. Holding on to money with a clenched fist is like the monkey with the salt. Letting go has its place.
Yup ... I agree about waiting . But delayed gratification is well overdue I’ve got to admit. I was far better off 5 years ago. People should realize what a rocky ride it’s been here.
In a year this company and share price will be transformed. I have to part with a lot but still have some left to grow!!
Nice few posts. DJ I know you are right....but it is the last 5 years that have depleted me (and man@ca and not sure who else). has been hellish.leaves one quite sensitised to say the least.You are in a good position. i need to realize some of the money to help son find house....and will be selling a great deal at a loss.(£50K). No choice.very bad timing for me.Just unfortunate.yes I have faith in one of the BOD but am selective. As a team they are solid though. it's just personal here. Weary with it all. Not a new investor but an old dog who has jumped through the flaming hoops for too long.patience is needed but is very hard now. needed it during the 6 month freeze 2015 and needed much courage to buy at 2-3p pre-freeze. Left me broke. Same for m@naca. scars. patience is the only way but if you need the money it's a bummer. I am not alone. otemple...good message.What you say is true.
it doesn't matter if u large holder or not. You are a holder.I was just referring to a few long term holders off the radar. I am just feeling an overwhelming disappointment here having gone through what we did and now half way back there again unexpectedly.....with stagnation.Just feeling let down really...with the 10k mess-up and the Trin stagnation which is all too common especially with so many sellers(or one or two constantly dumping). No shorter any more so they must have sold or be under 1%.but the selling goes on. Such a shame . The company does everything right in a business manner but i feel this Placing was not well-timed and done rather furtively. The market knew about it of course which is why the price dropped before.I still trust management but feel they they may not understand the narrow-minded workings of AIM. you are right in not adding more really....not anything we can do !!