The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
This will continue to rise tomorrow, glad I took advantage of the weakness past few weeks! New Years Treat!
Fazza the point is for my grand I could buy approximately 120k shares at todays prices, that same grand, just two weeks ago would have only got me 70k shares... bottom line, and without the need for hindsight as myself and others called it at the time. So, listen to you and the twitter rampers and get a terrible entry price. BTW I bet most the twitter crew have dumped their shares into the market by now. QVC sales on daytime mid week slots, for this product, come on - you know that aint going to make any headlines... they like most retailers do most their retail online now. Sales on amazon look sluggish based on the reviews and stock tracker. Give it a rest.
Well you did lie, even if we give you the benefit of the doubt, that is was done unknowingly, still a lie. Anyway, the SP has reflected what I warned of. Fact of the matter is that the SP has dropped about 40%+ since people, like yourself, were actively encouraging others to buy in. I could buy in today and get 2/3rds more shares for my money than when twitter and the other, now notably sheepish posters, were trying to ram this down everyone's throats and were totally closed off to any posters suggesting that actually the product is overpriced, outdates and trying to compete in one of the most competitive market places going... Genuinely wish you no ill, but like here and on MSMN which was also taken over by rampers, the shareprice has collapsed and the naysayers warning people were right. It is all about entry price!!
I have to say that at the current price it is a more attractive investment. Having said that YOLO has been stagnating for quite some time and when the placing shares are shifted and EJ is well and truly forgotten what will be a meaningful catalyst to the shareprice? I am all for people supporting a company and clearly most people will be positive on something they have invested in, but Reg and a couple of others were confrontational and totally dismissive of any contrarian views, rude and ridiculing posters. They tried their best to stifle any open discussion and the board was rampy based on twitter and lies posted about orders from people like Fazza. Shameful.
Trying to avoid the 'I told you so' type of post, but the pump (and that is exactly what it was) orchestrated on twitter by those involved in the placing was based on a weak product, EJ. Unfortunately too many people saw through this, the whole thing, right down to the fake amazon reviews was a joke. Sorry to genuine holders, but the SP has done the talking - this was at 1.4+ when people like Reg were calling anyone with a negative opinion and de-ramper, trying to undermine and patronize with his promises of 2p etc.... just remember his name and maybe next time listen to all opinions.
That is all.
pleasing to see, I think this will have some legs in the coming weeks. Just wait and see... =)
That is always the danger, but a different beast entirely. I am cautious but quietly optimistic, I think those that are involved in the placing will be primed and only take part on the understanding that they can make some money fairly quickly. I would not be surprised to see this being ramped on twitter and some reasonable gains from this range. With some cash in the bank, a decent project moving ahead and a JV with orchid I see some decent value here. Note the potash projects in Africa gaining momentum.
As a holder I would be pleased to see funding sorted and even a plan for the spending. It is the main thing holding this back as people knew we were short of funds. I was waiting for this news before adding and now I can see a floor based on the placing price and much uncertainty removed I think the SP might react positively in the coming weeks. Dare I say if we get some decent news this could move up very nicely with a stronger balance sheet.
Genuinely shocked that you can be the stupid and to post it on a forum where other frail minds might actually believe that warped logic. Think of it a simpler way - why would anyone take part in a placing at 0.325 if to get b/e they need 220%? They don't just add shares at no value. They are being purchased, therefore filling the companies coffers, not being given away for free... Have you honestly never been involved or seen a placing before, 11k posts? If you buy today actually you are getting good value in relation to the placing, you are getting in at their price. I would suggest that this is good as normally people taking part in placings are pretty clued up to potential and don't do it out of the kindness of their hearts. They want to make money so clearly see some blue sky above 0.325p. Your call but I would be a buyer at this price. Cash was the major problem here and they have just solved this. Any news now leaves freedom to move up. If you weren't invsted I would suggest that you were a troll =)
Ian if you think that you shouldn't be investing. Idiotic.
Good RNS today, traction on the bottling plant, ground secured - paving the way for the future. Raises some questions on funding for the development, I wonder what their plans are, maybe a JV with a local beverage company or government support? Either way shows that this company has some legs and plans on sticking around for sometime. Really though, I was hopeful of news from the orchid JV and/or in relation to potash development, that's the real potential catalyst for the SP as it will guarantee near term revenue. It is coming, maybe just a little longer to wait!! Spread is silly, otherwise the rise might have been more notable. GLA
At a certain point sellers tend to dry up and the upside outweighs the possible down. This has burnt a few on the way down after shenanigans around 3p, but steps have been taken to move this onto a positive footing. Ultimately they have irons roasting in the fire, whether we need some more coal at some point is probable – but I believe they can turn this around. I have heard over the past weeks mention of news from Ethiopa regarding the potash mine tender, difficult to know anything for sure until it is formally released, but I wait in hope and expectation. GLA
Cards on the table, I am a buyer at this price. Looks oversold with potential news in the pipeline, JV with Orchid will be key - even a small contract win would see a marked increase in the shareprice here. The trick is to be in before the news, whilst the sails are empty - will move fast on a scurry of buys.
Looks like we have news coming sooner rather than later, first JV contract award with Orchid could be the spark to the blue paper that holders are looking for. Trading at or below cash. Any positive news will see a substantial re-rate. Plus looks like a background buyer today... Always the time to get in whilst the boards are quiet and after a significant drop over a few weeks. GLA