Member Info for Dibs61

Fair enough and thanks... I'm up to speed on it now I think. Back to Stlo. Disgraceful drop today. 14% at one point is frankly making a mockery. Glad it has pulled back a bit but company still valued at just £6m and £1.3m of that is cash plus it's profitable. And when I look around at the cornucopia of trash on AIM yet here we have a genuine cash generating business with excellent products...

Yep and the bid is rising again. If you want to pick up more than 275k the Ask rises to 2.04p

Yes - on nothing though. No volume.

Are a lie. They don't represent the real spread which is 1.86-1.95 It's manipulation and misrepresentation of the REAL price because they need stock. I thought we'd seen it all yesterday...

It's a blatant scare tactic. Just tried dummy buy and sell. Prices still the same 1.86 to sell (quoting 1.70 here!) and 1.9489 to buy.

Another massive ridiculous drop in the bid only. NO drop in Ask. Hold tight in the latest tree shake. They're after your shares!

Is it really necessary? I would question whether the monetary cost of completely rebranding is justified at this stage of their development? Before they have even started to generate profits. How much will it cost and is it going to generate value. It does seem to me this management are good at, may I say, spunking cash.

Good morning and excellent post. Recommended. Yes indeed they are making real progress now and it's not difficult to foresee rising profits going forward. I have a question for you in terms of dividend reinvestment. I am planning on switching this stock to dividend reinvestment on the trading platform I use. What price will be used to calculate the number of additional shares I would be allocated? Would it just be based on the market price at the time or a preset price? So do they automatically buy a number of shares equivalent to the dividend amount I would've received? Cheers in advance!

It's a strange one this... Seems to follow a pattern with the SP. Price drifts lower between operational updates with nervous investors worried about 'old' Shanta performance. Then they issue stonking operational updates and the price goes up, almost in surprise. That's the point. It's new management, who are delivering, but it's as though the market is still not convinced, living in the past. The other thing is we've seen no benefit here for substantially higher gold price. I know there is some hedging but only a proportion of forward sales have been made so SHG will most certainly see additional uplift in profits this year if the gold price at least holds current levels. Shantas hedging strategy has served it well.

Nice post. I wonder what the company management think when they see how well the company is run and then see the SP battered by prob no more than one or two sell on news merchants? One can only hope that value will out. The point is you can see clearly from the results that because their costs are relatively fixed all additional revenue has pretty much dropped to the bottom line. That was my initial premise for investing here! It's worked out almost exactly as I forecast months back in terms of profit etc. The only thing that hasn't worked out is the SP today but I should've known!

What a crazy market exists these days! Talk about sell on news. Record profits Record cash Dividend up 33% Revenue up 20% Shares DOWN over 10% Oh well makes it cheaper for the rest of us to add I guess

Yes I find it curious that with so many of these auto sells the price still holds firm. There must be a matching buyer I assume? As for progress do you know if they have any drilling/exploration planned this year?

After yesterday's big uptick. I now plan to add in the next few days when funds allow.

Hoping the strong momentum from yesterday will continue into today. There was serious volume and buying suggesting there is something concrete behind the rise.

First glance - very good - very pleased Revenue up 20% Pre-Tax Profit up approx 100% Net Cash generated up approx 100% Dividend up 33% Net Cash on BS increased to £1.3m All in all very impressive

UP 44.44% on the day Super volume supporting the rise. Finished day strongly with bid well above that quoted meaning we should start strong tomorrow morning with todays momentum. Still a bit less than half book value/NAV per share - BEFORE Jonnagiri drilling resource upgrade Plenty more still to go for here IMHO.

http://www.theweek.in/theweek/statescan/peoples-fear-towards-the-revival-plans-of-kolar-mines.html Very interesting and informative article on Kolar and gives an idea of the IMMENSE potential that will be unlocked if the mines become operational again. Even the tailings dumps contain huge amounts of recoverable Gold. Only 8 out of 26 Gold deposits have been explored in the Kolar belt. Just gives an idea of what we are talking about here.

Agreed. The SP was firstly depressed by the Ebola outbreak - which is no longer an issue. Secondly it was depressed by the agreement to suspend new planting and the delay caused by the HC study. So this has resulted in a VALUE opportunity for investors. This is valued at around a quarter of its book value. Tried a dummy sell just now and the bid has risen again.

OK. Should be a nice return on this for you, looks good value. Just the usual Omip patience required! On the other hand you might get a short term bounce. This will move up on a puff of wind.

I think we've seen the whole box of tricks today! Ask doesn't move but drop the bid by about 0.2p. Doubt this latest one will work either. The other ones haven't. They need the stock boys and girls.