Member Info for FootieladBaz

the deal values each 1% of HH at £300,000 so do the maths here... interesting times...

Interesting from the China Times regarding the next generation of iPhone...”Apple will introduce faster wireless charging with its new iPhones by switching the current FPC (ferrite polymer composite) charging coil to thicker copper (which has lower resistance).”. This will create a new demand for copper!

i seriously believe that with our ducks in a row, this company could be worth £1bn. i say that having ridden the ride of asos from a few pence to £70 when i was one of their suppliers. Anything is possible! Holding and dreaming. Baz

to get s majority...simples!

So UKOG really is the driving force at HH with this majority share. There was always a risk that either every other party could block the wishes of UKOG before OR that another player could hoover up all the other shareholders and knock UKOG out. NOW we are in control. Sorted.

prudence prudence prudence John. as soon as businesses scale up the costs go up. comcas - quite right about $ v £ which is why i scaled down Pound value a little compared to Dollar GP values. i suggest we all wait and see how things pan out. The detail will fall into place and to be honest, if HMI is worth £150m or £250m we’re all happy either way!!

PS - I also meant to say that we're taught 'prudence' - so I'm being careful. In other words even at an expected level of valuation I see £150m but I could easily see MUCH more. All the best, Baz

Good question John - With my accountancy-trained head on, I DID use a p/e of 21 but also suggested that COSTS after gross profit could be 50%. Don't forget that the $50 per ton is GROSS profit not net profit and p/e is based on a multiple of net profit. All the best. Baz

Based on the suggestion of production of 300K tons (which could increase to 450K) and considering market average p/e and expected costs, at full tilt I personally see a valuation here of at least £150m which equates to a share price of at least 80p. So for me, a good long hold and let's see where we get. Baz

Mr.dt - I am here with a lot too but also a diversified portfolio. I have lost fortunes before by going too deep into one share and it hurts. I strongly urge you to at least take your annual capital gains allowance in profit - currently £11,700 - free money no tax and put it somewhere else. Good luck but this is a very long term hold for me! Baz

i thought that was a good post Alan till you mentioned 36p. The price is irrelevant compared to other companies. only the market cap (total value of the company) makes any sense to compare.

Just sold something else for a loss and topped up here another 4 grand. I have faith in the future!

thanks for that link. nothing for us today then.

3% for declaring on the TR1 is over 85 million - now wouldn't that be a nice number to hold?!

sorry about the long Internet address, but that’s a direct link to Align’s accounts

yes you did say that yesterday double headed. However, just like the fool when they for transparency confirm investment in shares. The line has shown investment here. Anyone wanting to see more information about online here is what I have found for you: their website about us - http://www.alignresearch.co.uk/about-us/ and last filed accounts as a new company: https://document-api-images-prod.s3.eu-west-1.amazonaws.com/docs/Qb1DIsmYzo-zcORd391EU0agH333jjYLVfy6tzb0nJs/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAIZRXNPMEGUL4QIFQ%2F20180723%2Feu-west-1%2Fs3%2Faws4_request&X-Amz-Date=20180723T083707Z&X-Amz-Expires=60&X-Amz-Security-Token=FQoDYXdzEFkaDLXq%2FV761FKutP2fwSK3AyvEZwFGRqgKRWFSsxKg4Z0Stwifo%2BwkiUAaYcK6IsgajPLGGhmWVSM9hBw7qpimu1oSnPB3%2B3NYrN4%2BnPxVsd23ovzKz5h6kJG%2BktdQJeft6AphAhDkzGP9eXSh%2FIoT01A%2FUx7pv3EP0DNdYLwfBmal8clRzUAdfH%2FOoh%2F9Wscjxg7f9%2BJAeE7gjyPLkghVq%2FjOAeB9tH4%2BjD9zOTSJvEMGoC6sBMAupyOKcgZryoPCdBvUy8WXZ9FL%2FP%2F1Ej6PssVh0nuu2Cgp0XjbNovs7OJorf2QjxQvEnKnvxdguoYxAviqvz%2BrN%2BeQxRd9ryATHIbvQRx%2BePeY0W69bAvPsGSBu7x0%2FpDNMvsKh3tmZE2pYpTRt7pvHyHJHB2L3fGT6VgcMZumg8vSvT1hi0S0HUwTQkc8gNRmm%2Bz%2BCdKFvEpnkIykf9QjTOBYWl0kijImZR4%2BOLdrebxOGB7QNER8mC7kvm4revaqN0puB7d%2FmOc2OblrDh70eP6x%2BhK4CrILaJhNFNMxWduAQZd%2Bl4Ev2v2E8jepTkBV1DkYjsKyqH2pspcfenj4sEuR8nraFojmGi68eEHEsF8o4ozW2gU%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=8a12f0bc0cc98f3b3214b9d543628af42d280a5085cf2db88d616cb2b6c33719

For DMaster - references to Bags is private investor blog slang for “multiples of the current share price”

how high we can go with proven commercial reserves. i watched ASOS go from 7p to £70 and was in a chunk of the way so why not Alba the oil and mineral version of that?!!

...what is true is no one knows where this is going. For years I worked in the fashion world and very closely with another business ASOS as a supplier...I watched that company go from 70p to £70. Some investors had been in since 7p.
The interesting thing here is is that IF flows are good and IF this becomes the go-to place for onshore oil then why shouldn't this company have the same market cap as a ASOS? So what I'm saying is your old 1p could turn into £1...eventually. It could be a bumpy ride to get there but it's more likely than winning the lottery!

How dare you call us holders stupid. i guess you don’t understand the tax implications of trading versus the Capital Gains implications of investing. I’m very happy to hold and take my profit down the road when i’m readu to do so and as are many others. Baz