Member Info for Divhunter

it was only an annual information update, there's no need for -9%!

You're being a bit selective with your timescales there. 5 months has shown a good rise but from a very low point. I put a fair chunk onto a wide range of AIM shares at the end of 2010. By March 2011 I was about 50% up across the board. Wish I'd sold all then and got back in 5 months ago, then I'd still be in profit instead of playing catch up with most of them..

RNSs on 4 of my shares this morning, none are bad news, only 1 has risen. Here, THR, WAS, KLG. I'm below my average on all but one at the moment but then again I usually am, I choose carefully, make sure I'm happy to hold long term if I need to and sell some or all when I'm in profit, unless there's more profit to be made.

You've not done enough research then. AIM? Shares will often rise pre-RNS on expectation. If the RNS doesn't match the expectation the share will then fall on release of the RNS. This is a FTSE recovery share, recovery is just starting, it'll be a while before it shows through on the bottom line. This morning's sellers will be the short termers who bought at 10/11p and are taking a quick 10/15% profit, no problem there. Fundamentals here are far better now than they have been for 2 to 3 years, there will be short term rises and falls along the way but if you are an investor that shouldn't matter. If you are a trader you need to get your timing right. I do a bit of both, some you win, some you lose, overall you hope win more than you lose, if you don't then get out of this game and invest in funds. My current average here is 18p, I'll be staying until I'm in good profit (i.e. better than the banks will give me), may take a while yet, who knows, but it will come. Some here and elsewhere will give you good advice, others will manipulate for their own ends, you need to recognise who is who. Live and learn.

"We have recently executed an option to acquire an ownership interest in an advanced geothermal project." I understand. "Wasabi Energy through its wholly owned subsidiary Imparator Enerji has recently entered into a series of commercial arrangements, including the purchase of an option to acquire an interest in an advanced geothermal project." I still understand. "The geothermal project is not currently profitable." OK "The commercial arrangements include the development of project termsheets for several potential Kalina Cycle® project opportunities, including an agreement (the "Option Agreement") to purchase an option (the "Option") to acquire a 50% interest in an advanced geothermal project with a build-out opportunity to generate further power through the potential application of our innovative Kalina Cycle® technology." Getting confused now. "The Option Agreement expires on 31 December 2013. It is subject to partner and regulatory approvals, to be received by Wasabi before exercise of the Option. Total consideration for purchase and exercise of the Option is US$11.75 million, of which US$100,000 is payable within seven days of the Option Agreement being signed. The total consideration also includes a US$5 million loan note to be issued by Wasabi Energy. The balance of the total consideration, will be payable in cash in staged payments on or before 31 December 2013, and is payable if Wasabi continues with, and subsequently exercises, the Option. Should it choose to exercise the Option, Wasabi Energy would also provide surety for the existing debt facility of the project company." No chance now, too much information. Don't get me wrong, I've got faith in my investment here, it's just that every RNS gets so complicated I don't know whether we're making progress or going backwards and I'm not sure that the market understands either.

They don't say in the report but ex-divi date is 11th April this year, payable on 22nd May

a special dividend I'm in this morning at 37.4p, don't know why this has passed me by until now.

to understand these reports, just trust the boss. He's got more of these in his pension scheme than me and he retires first! Mr. John Byrne, Executive Chairman of Wasabi Energy, commented: "During the period our focus was on the delivery of our existing contracts and the ongoing development of new business ventures. We made steady progress across all of our key technologies, and we were delighted to deliver several significant business developments, including a landmark agreement with ArcelorMittal for our Kalina Cycle technology. We continue to gain momentum in all of our key markets, and as such, we have entered the second half of the year with confidence."

The thing is, i don't think anybody really knows how to put a realistic value on a company like this. Part green energy business, part investment company, widespread small developments costing more to put in place than the income they bring in and very difficult to measure the financial benefit. Half year results are imminent and that may be the reason for the little rise we're having. It's only when we get them that we can compare to where we were last year. But the more projects that get kicked off and the better our invested -in companies do then the more our SP is underpinned. There's no danger of a dramatic fall from here like there is in an AIM oilie with one drill going. The main danger here is being diluted by institutions wanting to invest and get their share of the cake. I have no doubt that this company is going to grow and grow, the question is how much our part of it grows as we get diluted by new money coming in. 100 times bigger in 10 years, and if you hold 1% now you'll probably have been diluted to 0.2% by then, who knows what the figures will be, but I'll be keeping the faith for a while yet. No daily excitement here I'm afraid except for the odd occasion where the p&d brigade get on board, just sit it out. Could be wrong again but that's my take on it. At least wait for the half year results and then see if you can understand them!

This is a longterm hold, I hold plenty but trade some in on highs and top up on lows. RNss are plentiful but they're all small really, but we're at the start of empire building. Will take years here, I don't worry about short term falls, use them to top up, and if we get a short term spike use it to take a bit of profit. Overall build up the stake. I'm 10% up on my £3k top up less than a week ago, no complaints, if we get another 10% I'll cash a few in with regard to buying again when it falls back.

from the Times You probably need to register to read it but here it is, http://www.thetimes.co.uk/tto/business/markets/article3326235.ece Deal of the day Things are hotting up for Wasabi Energy, an Anglo-Australian clean-tech company, which surged 10 per cent after a geothermal project in Japan went live. The contract with the Environment Ministry was to install technology at a hot spring that will use natural heat to generate power to supply the local area. The shares closed up 0.15p at 1.65p.

Wasabi is Japanese horseradish. It is a root vegetable that is most famous in form of a green paste used as condiment for sashimi (raw seafood) and sushi.

Picked my first lot of shares in here when they listed on the AIM in 2010 at 2p and it's been steady progress around the world since in terms of business and investments but not in SP. There have been a few dilutions along the way and how many more there are will determine how well we do in terms of gains in the long run but there's no doubt this company is going to grow and grow. Guaranteed long term winner in my view, now is the time to add, I don't see it going much below this whatever happens but you will need patience here. Interims due at the end of the month should give us a short term boost , see if we can hold it.

Topping up with another 260,000 shares, soon be a millionaire!