Member Info for Echo1

What's peoples opinion on the current share price?
Is it subdued simply because its gone ex-divi? And if so do you think we'll see an upturn after this Fridays payment date?
GLA!

I'd hardly describe the update as 'dreadful' but production levels are not reaching the levels which were forecast. I bought in initially at 21p and have averaged down since but the BOD are simply not addressing slide in the share price aggressively enough. Some on this board have called for a dividend to be declared but I suspect this is very unlikely to happen. Q4 will need to be spectacular to drag this back up . . .

sounds like the BOD need a good a**e kicking

Pretty clear to me that they couldn't give a hoot about us lowly share holders. Crystal Amber are on the war path by the looks of it :-)

Woodford just sold a big chunk of his PFG shares down from 15% to under 5%

And the price has moved up very nicely :-)

I wonder what he'll sell next . . .

Thank you for your diary entry Bob

Perhaps now you'd like to recite the Canterbury Tales

I thought we were meant to be 'testing 160p' Zen :-O

I've often speculated as to whether or not 'the Woodford effect' was holding this share price back
I guess now we'll get to find out . . . . .

Plenty will have invested at 0.5p so I'd be selling after the increase today.

I'm hoping for 1.5 or 2p as my average in 0.85

GLA

We've certainly made some very nice progress over recent weeks.
And todays 15% increase on no news is very positive
GLA - lets hope for a 3 or 4 bagger at least?

A really good quote from an investor chronicle article on multi-baggers.

‘There’s a good chance of a rerating if I minor buys an old project on the cheap and can keep afloat long enough to get it into production’.

I’m not a ramper but what are people’s thoughts on BOD having multi-bagger potential?

This is certainly a long term hold for me. I’m fairly convinced the price is being depressed not because of the company performance but of other factors. I’m sure the Q3 update will be solid. But market sentiment has to change towards this sector before we’ll see any decent price shift.
GLA

well regardless of the AGM result the buys are thrashing the sells 10:1 atm
I think the protest from share holders in completely justified.
Not a year ago the share price was in the 60's, the board need to address this stupid decline ASAP

Is it essentially a vote of no confidence in the BOD?

afternoon JL
I'm sensing this vote against remuneration is important?
Could you explain?

I think this share has drifted rather badly as you say.
But the fundamentals of the company are sound IMO
I think the CEO departure was driven by Bayford due to the floundering share price despite solid financials. I'm definitely not jumping ship for a long time. The prospects for car charging points alone are pretty huge I think.

Any thoughts?

Yeah good to see the share price shifting on low volumes.

if the big boys ever come through the door we could see a 3 or 4 bagger :-)

I cant honestly make sense of any of my stocks atm.
The market is completely unpredictable and shares prices rise and fall on a whim.
I'd say PFG are being played for some reason. And Woodford has got a lot to answer for. I'm just pleased I never went near any of his funds.
GLA

Yala

I sincerely hope that prediction is correct as that is my break even price!!

GLA

Very pleased the results are finally out and things are looking positive. But the delay and uncertainty has sucked a great deal of confidence out of this company. I’ve averaged down a few times so hopefully we’ll see an upward trend from here!

Someone made the point earlier that 'buys' maybe appearing as 'sells'
I think its interesting because there's because based on the RNS there's clearly a lot of 'buying' going on.