Member Info for Delano47

Sp up or down?

Can you please explain below? I am back in here hoping for some good figures and news in the coming weeks... I know the Emac/service plan side of the business has grown this year....up by 10-12%....

Expecting interim statement which normally comes on a Friday in February. Could also be some good news re the service plan side of the business. Last announcement said it all really and share price hasn't moved since. Brokers advise current share price over 30% below where it should be.

Next 48 hours I think. Some interesting trading done today and after close.

showing as sells...Why is this?

some research for you.. On Friday the share price of Asia Resource Minerals hit a new low – 10.25p. The fall nestled the company formerly known as Bumi even more snugly in the 99 per cent club, a group whose falls from grace are so spectacular that their worth slumps to 1 per cent of their former value. Asia Resource’s all-time high was £14.80. What has put the company truly on the ropes, however, is the plummeting price of coal. Since hitting a peak of $138 a ton in 2011, coal has fallen to about $63. Last month Nat Rothschild pledged to underwrite a rights issue for the company. Since then its share price has halved. At the current price, a rights issue would require billions of new shares. Dilution on an epic scale is in the offing. Sell. Sunday times...15th December

Would you like to list his assets...and the true value of them? Also, this is not a uk court... This could take years and ARMS is nearlly 1 billion in debt.

I did have an interest but sold at 20p on Wednesday...Maybe I should have stayed in longer but I never really thought this was concrete news. I am only replying to people that questioned my 15p stance. Buy on rumour and sell on fact.

What!!! He has had plenty of time. They have only just frozen his assets and this case has been rolling for a year! The assets that are now frozen are not worth 50m at all but if they were, thats not 110m is it! Hence why we are now at 200% growth and not the near 500% of yesteryear... Ramping and losing people money....Realism is far safer.

P.s. This share is now only 200% above the share price before the RNS. 17.5p to sell

18p to sell now... Most of the debtors assets are safe. This guy is a clever man. He has had plenty of time to protect them. There is a saying... If you owe the bank £1000 you have a problem....If you owe the bank £30000, they have a problem. This is not money in the bank. No money to be made with this share now....short or long...Move on.

not enough realists

I told you all this would settle at 15p...Do the math. I would have done with a full day on Wednesday....Lets see how far off I am.