Member Info for Discodave4561

Very much appreciate your views. Your right, I shouldn't get too hung up on a few pence as this would be a long term hold for me......at the moment I'm thinking & analysing too much, been stung a few times. Good luck DD

Many thanks, my only slight concern is AIM (not made any profit yet on any AIM share invested in - they were dogs tho and I am more astute now - I think!), the AIM market may still have a bit more to fall. Also, the bloody spread on here is a killer, it ticks up the ask 2% on very little trade (or none at all). Also been looking at RPC, same industry but FTSE250, similar fundamentals (in fact a lot better ROCE to RBN) ......so have been contemplating 50% here & 50% RPC to psychologically appease my aversion at mo to AIM (although will admit prefer 100% RBN). Thanks and no advice taken. GL DD

Thanks AA, just thought there would have been some major investors taking up some of Demetri's overhang prior to the update (everybody knew it was coming, and likely to be positive) particularly at these lows levels. Always assume everybody is more experienced than myself! Have a good one too. DD

AA - your more experienced than myself so do you think it was due to overhang (Demetri's), or did the market expect more?. GL in the jungle. DD

From the March Interims: "The Kilimapesa mine is still operating at reduced levels to defray costs. Kilimapesa continues to suffer losses, but, despite the lower gold price, the losses are at a much reduced rate. The Board is currently evaluating its options for the future of Kilimapesa. New Kenyan legislation, which is expected to be published soon, will clarify rules for local participation. A recovery plan, which takes into account the expected local participation rules, has been submitted to the Government. The Company is talking to potential joint venture partners to carry the capital costs for expansion. The Government has been supportive and has been willing to assist in this process. A JV already sorted and Lojomon was so "supportive and willing to assist" - made a non-exec?? DD

Like the look of these. One £5k buy and tick up 1.5%, nice!, big spread though, not nice. Particularly like the fact, apart from steady growth etc, they have a property portfolio. Also, the Madrox acquisition and this statement in the finals: "this acquisition will add significantly to Robinson's revenues and, once the integration costs are covered, Madrox is expected to substantially improve the Group's earnings and cash flow. The capabilities and new customers that the company brings to Robinson will add to the prospects for further sales growth beyond 2014." Any views on a good entry level?, thanks. DD

Wow........4 trades, all look like buys, really motoring now lol. AA, still here I see. Next time get your priorities right - lunch first then buy, buy, buy, cup of tea & one more buy for luck, haha. GL DD

Nice to still have you here AA, think we're all a but pi&£ed off this week........ah well things can only get better lol. Have a good bank hol too. DD

Good luck. Take a look at the sp chart over two years and you will appreciate that a lot have averages much greater than 4p!. At a recent investor evening it was rumoured that a trading update would be issued April......so far nothing has materialised. All the best. DD

I feel the same, what I have left I may as well ride it out here.....or cut my losses and put it on the 3:15 at Kempton!. An update in the next couple of weeks is still a possibility, or wishful thinking (previous updates have been issued April/early May), so will wait and see. All the best though if you decide to pull out. DD

From marab on the ADVFN BB You only need 5% to call a General Meeting - see page 5 here hTTp://www.taylorwessing.com/uploads/tx_siruplawyermanagement/Shareholder_activism_-_Guide_to_shareholder_rights.pdf AA - I too have let this slip far too much & my break even is double yours.......its a valuable lesson learnt. Still will hang on though for a couple of weeks and then decide one way or the other. Good luck with whatever you decide to do here. DD

AA Feel very much the same, sorry guys, but if no update comes to lift this then why stay and watch it drift lower and lower. DD

Hello Richard, I'm no expert but the PE for XAR is currently 19.5 based on forecast EPS for 2014 of 43.7, analysts forecast EPS for year end 2015 of 47 giving a PE of 18.2 with the current sp of 856. In my view I would not get too hung up about a PE of 16 or less as the only measure of profitability and sp growth, have invested in Company's with a PE greater than 16 (20) and still doubled my investment.........the PE of Companies in the same sector also needs to be considered to assess if fair value or not (as well as other metrics). Having read the Naked Investor I too now use what was advised by the author as a means of evaluating sp value, that is the market cap divided by the pre tax profit (for the last financial year or a forecast of current year end) should not be greater than 15. In the case of XAR this is currently at 16, so similar to your calcs of the PE and indicating it was overvalued......still does not mean that the sp will not recover though, the true value will always be what people are prepared to pay for it. DD

Q1 earnings for United Rentals nearly doubles http://online.wsj.com/news/articles/SB10001424052702304311204579506053865728522 DD

End April?.......Let's hope it gets this moving in the right direction. DD

Apologies, not wishing to claim any credit for the TA, all taken from a poster named Bracke. DD

According to a TA bod on another BB there was a gap at 845 (from the 3rd-4th March) which has now been well and truly filled........hopefully can now bounce back up (fingers and everything else crossed). Mould - your sp predictions are crap, please provide at least some intelligent data/thoughts to support your views.....or failing that be honest about wanting a lower re-entry point......failing that, just F off. GL DD

No probs, I too feel this has better value than SPD and still keeping a close eye on it. Will wait until prelims next week and see how they look. Good Luck DD

SEA7 & ChameleonMan, Many thanks, spent hours trying to find something!. Wonder if Demetri has started......b£&@?£d! Lol. GL DD

Can anyone confirm when/if there is a trading update this month.......sure I read it somewhere or heard mention of it on here but can't for the life of me find a date. The sp needs a little shove in the right direction.....and not by Demetri!. GL All DD