Member Info for CrystalBallBroke

ToD that's an interesting point, having to buy by the COP today, but hold through till the 29th, that's a new one on me. I'm a little disappointed that the recent recovery seems to have stalled a little. I'm also kicking myself for not having the funds to average down when i had the chance as it would have brought me down into the 144 region, and that would have afforded me an exit strategy, but alas, no funds as i'm pretty much locked in elsewhere, so just have to sit and wait.

i'm still holding an avg of around 1.62 as i didn't have any funds to avg down, nor the appetite to throw more in here given how much it would have needed to be to lower the average to a worth while level. expect another sharp nose dive after the ex-divi

yup, at the end of the day, company is making a profit, when plenty arent

"Careful what you say Crystal, your not following Dooms🤡 view 😝" LMAO.... well it would be a very boring place if we all had the same view, as for the stubborn bit, yeah, i fall squarely into that, i'm down 20% and there is no f'ing way i'm swallowing that loss, so i'll just be holding and collecting (the now diminishing) dividend, i kind of see myself locked in with this one, and others in my portfolio, and then there's the ones i should be trading but never quite have the guts to do it, because a lot of mine (this one not withstanding) have been patience based, and i'm in at good averages, this one i got greedy and went for the dividend, which was a bad idea !

well that's disappointing i wont lie, as for the advertising and re-launching, yeah, that went down really well didnt it, bit of a misfire there i think as for the rest of the results, as someone said, not fantastic, but far form a disaster, still making good profits

if they cut the dividend by 50% i'm screwed

i'm hoping they sustain the dividend growth, and declare something in the region of 6.45p tomorrow

ahhhh, evening, i don't feel so lonely here now LOL!

i'm not sure, way over my head and knowledge/understanding, but as someone pointed out, it's an interesting way to potentially buy into CLIN at a possible small discount, or as robins speculated cynically, it could be funds buying in to support CLIN as they are invested there and it would make sense to protect them. I still can't beleive we have had nothing from the BoD or Rigg directly, other than the statement in the CLIN offer RNS

even with results due tomorrow i think.........did evryone sell ? lol

is what we got, and your telling me that the BoD and Rigg himself doesn't know this?..... the simple fact that it has been 100% radio silence from him since this was announced tells me we got taken in, and for a ride.... and he knows it, no point spouting BS when everyone can smell it, i'm sure they did ok out of this deal, the rest of us got sold short by a country mile

Thanks SamJSung for your comments. I may hold, simply because for me the 37p covers my initial investment, so the shares in CLIN are freebies, but that's not the point, and i too am not convinced by their CEO, that said, he has played a blinder here and screwed us over, so, will their share price recover by the November BOE news, perhaps, and that would allow me to benefit fomr the full offer, alternatively i may do what you did and just cut and run with a small difference but much more convenience As for them shorting their own stock, it would not surprise me

I think we are committed, the BoD has commited their share holdings to the deal i think, and there was a reference to a guaranteed figure (percentage) that have confirmed support, plus, they have been hoovering up shares while the price is falling with their share price, and effectively doubling their saving on every purchase, so they will i am sure have enough shares/votes to force it through if that were to be required, the only way out would be a counter offer, but as they are now holding so many shares, i suspect that would be a lost cause, and anyway, no one has even been roumoured to be interested. What i still can't get is the acceptance of a deal which is within days worth less than the SP at the time of the offer, it's like they had us over a barrel, or offered something that simply could not be refused, which they sure as h3ll havent in the eyes of PI's and II investers alike, so the only think i see left is a job security deal with the BoD so they basically sell us down the river to line their own pockets.... but again ZERO communication from anyone at QP is very very poor... and why i ask? no explanation or break down of the deal and the fundamentals ? given we were supposed to be slimstreamed and a much more efficient business now, with a very good looking mid term forcast

oh... speaking of being screwed, is the website layout knackered for anyone else ?

yeah, we got screwed, i was afraid £11.11 was way too high a figure to accept as the baseline for the value of their shares, the BoD must have got some serious sweeteners to screw the company over like this, especially when as said, the current drop (now pretty much £1 since the level at the time of the offer) in CLIN's share price is going to result in a very good discount for them on the offered price, Rigg should NEVER have accepted such a heavily weighted deal, and should have demanded more confirmed cash, 37p was an insult, and to add injury in that insult they've accepted it and the CLIN price is doing what tends too happen off of all time high levels... and dropping, and then there's the only communication from QP. has been in an a55 kissing comment in the the CLIN offer RNS..... And as someone pointed out below, considering we were at 90p 12 months ago, with all the dead weight baggage sucking up funds, this acceptance is disgraceful, we were hardly a million miles off 82p our selves prior to this offer to rip us off, which is harldy anywhere near out 12 monthly high, and is now looking to be less than the SP at the time of the offer. To put it bluntly, Rigg and the BoD f'd us over I'm now looking at this closely, we need some firm dates for lock out, to give us a decision date when to jump ship rather than get/hold the CLIN shares.... because right now, it doesn't have to move much more for me to be better off selling my holding now, problem is we are tied pretty closely now with them, and i suspect there will be a flood of sales of the given shares as soon as people get them, i think there will be a further drop, taking them further away from that £11.11 figure by quite some percentage. Plus, do i want to have that investment capital locked in to this, when i can get my cash out and have it available immediately and be done with this disgrace

not a single post here about todays offer/deal? i am surprised

hahaha, i hadn't thought of it like that, but you could well be right! Interesting to see their SP never recovered today, and closed down 4.68% So basically, our share deal offer has been calculated of not just their yearly high (or as near as damit) but off what is basically their highest screst in 5 years, which is bout the time they have been on the stock market, so.... 1. Low ball offer 2. Only 45% of said offer in cash 3. Share deal calculation at the worst possible time for us yeah..... they're gonna do just fine out of this, i feel for the longer term holders on higher averages than me

dammit, meant 10.57 not 10.97

i think they are 4.5% down today, so the calculations i did was based i think on £11 a share, or there about, i know for me 10.98 is break even at the 82p mark, but currently CLIN is down at £10.61 to buy, with the bid at £10.97, so that's a bit of a surprise, it's almost like the market doesn't like this deal anymore than we do, or, it could be that whilst screwing our share price for the last however long, manipulating a lower value, their own SP has now peaked, and i remember seeing the figure £11.12 used in the RNS, and thinking "that's the top end of their value"

yeah that was my typo, where i said "they don't even have the decency to offer 50% of the deal in cash" i meant to follow that with "it's a majority of shares" but somehow my fingers typed "all" instead!..... whoops, by bad!