Member Info for garymbrock

Don’t understand why this has been overlooked (apart from inept board at getting the story out there).
I’ve thought for awhile … unless I’m missing something this is stupidly undervalued.
Unless we get the ‘delayed for another 12 months’ gag .. we appear to be starting to get noticed.

Give Ed a shake … take his pint off him… and prep him for his annual non-Churchillian speech…

Oh Comedy Central

… I get up read the board … I only have to get back to around six o’clock last night before I get to the usual spell of post after post ‘from the same person’ … Dazalian talking to himself four straight posts .. all negative drivel as usual … what is wrong with you man ?? we are all sat on four baggers since you started warning us all ‘to bank our money and run away from Kod’

Good job still nobody listening eh??

Thanks Baserite … made me giggle as I wrote it .

…and no Dazalian

He’ll be on in a minute to say some fundamentals point to 0.48/0.49 being out of kilter

Ditto 0.12 …. 0.15 …. 0.20 and all his other twaddle. He’s currently sitting on his own in his one bedroom flat frantically looking for an angle to be negative.

The pictures been doctored… like Andrews hand in Epstein’s flat …. He’s not really stood with the minister ??

…it’s a strong buy here.

It is either a good point to average down …or a good entry point. I also think as it’s solidly allowing you to sell (currently 25.7) at ever higher price. I’ve bought a couple of further tranches here this last week … I feel they ramped it to get the raises away probably knowing they’d miss deadlines but to reduce being watered down more heavily…. But it will come good (and as with most things on AIM) just late.
Missing deadlines as they have people always lose interest … their loss… I’ve waited 8 years another six months is nothing. Hold for Gold as the expression says …. It will come!!

It’s a difficult balance .. hold … buy … sell??

I do not trust our weaselling… Sir Les Patterson ( dame Edna Everage /Barry Humphries character) … he cannot look into the lense of a camera without having to look away as he spews his horse droppings.
The issue he fails to see ‘Income and Expenditure’ … ‘profit and loss’… he is a hoarder … hoarding is not a good trate in a CEO.

I however have to balance that against the fact ‘one days’
… everything will align here. Alas a bit like Pxen with equally inept management… it’s likely to be successful despite George not because of his leadership (come on George retire and do a Les Patterson tour instead .. the theatres are soon to reopen),

What do you mean Matteh “starting to wonder if not all as it seems?”
I only ask because it is an odd share…. Why would you trust Ed with the reigns of any company, his delivery his ability to get the story out there.
At best he’s a puppet (front) for others.
He’s inept … but Pxen has so much potential, so much coming over the hill that it dwarfs our current mkt cap.
It’s like someone thinking Alan Carr would be an ideal foil to play alongside Jack Grealish in England’s midfield on Tuesday. Totally out of his depth … but how? Why??

This is continually talked down by you with no effect.

Why while you are talking to yourself.. don’t you ask “do I appear a burke being on here when it was twelve forecasting 10.2 … at 0.15 telling everyone to sell …?”

What is wrong with me? Have I no real mates? Have I got any credibility? Am I wasting my time? Should I get a life? Does anyone give a s### what I now say?

…. Whatever they are paying him it’s too much.

….. loved how he went away (for half a day) opened new account then with his 2nd and 3rd posts as someone else he was as transparent as a picture window.

Oh god is the protector of trebling your money … from 15.5 to 46.5 still here?
When will you just say …” I can’t push this water back up a hill any longer, I’m moving on to disrupt some other bb that doesn’t want me either”
Have you seen the price… how can you post???

I get that line … don’t let emotions get in the way.
Trouble is AP bare face lies about stuff … so the reality of Vast and whether it’s a heomoridging pile of #### or something worth investing in and relatively cheap is unfathomable for us mugpunters trying to assess !!!

I’m surprised it hasn’t been taken out at these low levels anyway.
I would think there aren’t only 50/100 holders of the shares that haven’t noticed the disparities between value of assets versus mkt cap … it’ll take off from here and should be an interesting 6 months from here.

Obviously the mm’s can clearly see stop losses so can walk things down to take them out and settle them.
I always felt (although it’s much to a lesser extent) …it’s like playing black jack where you are giving the dealer an even greater an additional edge.
As MM’s they don’t need any help… so unless it’s a larger cap share I wouldn’t use them either, although I have two pals who swear by them.
They see me as odd for not using them. However they have cost me money in the past so I too have stopped using them on any small caps.

Interesting Vauch isn’t it.

The information is there for all to see, the March RNS doesn’t hide the fact that the profit in this company is likely to exceed its current mkt cap not too far over the horizon. For those with a little time I’d advise ignore the timelines (which are all missed) but spend time reading three or four earlier RNS’s and watch the Proactive Interviews).

It’s almost going along till this last couple of weeks under the radar… I always assumed as the credibility of anything we held was offset by the fact people (and any larger institutional investors) wouldn’t give us a second look based on the standard of presentation and appearance. The majority of these look like some knuckledragger being interviewed for a sandwich packing job.

Being a financial adviser (IFA) I have on occasions asked one or two fund managers (independent of PXEN specifically) what they were looking at? Where they invested currently and have been surprised by the fact most don’t invest in companies with a mkt cap under 10 million, and one (ref zebra) said he buys nothing with a mkt cap under 50 million. It surprised me but does have bearing here as I always assumed some of the bigger trades on ‘penny shares’ had been funds getting in and out. Ie your everyday Jupiter, M&G, Premier etc etc

As it’s not difficult or expensive to set up a company or shell once you have fullfllled any disclosure of the facts would you or I not do the same if we knew what is coming. We are when you disregard Ed, and try and find an excuse for the perennial delays totally totally wrongly priced.
Strange quirk is then that the inept and unkempt appearance of Ed and his presentations has helped internally those who will want to longer term benefit from the share price.
It’s an intriguing company to be invested in …very frustrating…. it used to just be the bain of my life watching annually everything get deferred for a further 12 months. When all of a sudden this share comes out from under its shell it will explode .. and these opaque offshore accounts will all do very nicely … as do I think the rest of us.

Therefore these two companies you mention …and buys appearing as we are about to move into Q3 of 2021 shortly… means surely that … indeed we are that undervalued company just about to head way north of here??

A lot of 50p and pound talk here. I see no substance or understanding of how or why.
The only RTO’s I’ve had shares in have either gone belly up … not happened or share issues leave the gain as reasonable but never 50 or 100 fold. I went and checked where the decimal point was on my 0.97 top up this morning… but how what, where and how are these numbers being talked about??

As was being said the other day ‘nice to meet you’ if this was at 6p you couldn’t argue this was overpriced.

It only languishes where it does because …. When they wrote the story of the tortoise and the hare .. the sequel where the tortoise stopped and mated with a sloath … produced our board.

They have done an awful job of getting the story out there and if you read March’s RNS it hardly syncs with Ed’s appearance’s on Proactive Investors or the like..

I can only hope that inept performance has allowed me to load up this last 18 months into something that the assets and reality of what we have eventually gets picked up on.

It’s blinking cheap at twice these levels however you cut the thing up. Now back to sleep Ed there’s a good fellow.

RNS from 1st March states with Tarba and acquisition that income stream will be four million (assuming Ed has no more delays up his sleeve) and that a high proportion of this will hit the bottom line. (With our HOLE mkt cap being 3 million at these levels) has anyone comparable figures (or have Pxen ever said?) what margins are to be expected??
ie is a high percentage 20%? 50%? 70%?
Both Spain and Italy appear to come to fruition this next 12/15 months (with income from one ‘later in 2021’)
…. Now I know Ed is better at ‘kicking the can further down the road’ than world central banks are when it comes to paying back budget deficits, but unless something comes over the hill unexpectedly… then the 6p someone mentioned the other day … is in itself still too cheap.
Yes I know all about Ed … yes I know about his presentations … yes I know about work over costs to hopefully get output of the project back to 100% levels
…. But why are we sitting with a 3 million market cap? Is it just that they are so inept at credibly telling the story??

… 6p which would be a mkt cap of 9 million. I think you may smile sooner than many might think.
Nice climb this week but unless somehow we defer again for another 12 months ?? We should be much higher, this is absolutely one of the most undervalued shares at anything much less than that. (Even with Ed)

Made me laugh that Eric Eric…. He can’t hide behind the cabinets everytime there’s an interview… while an oppo says “Sorry Andrew can’t be here to deliver this upbeat presentation to tell you all how profitable we are. He’s sorry but he’s on him way to Zimbabwe” …. Maybe he’d gone on foot ?? He doesn’t seem to do much else, so he would have the time.
Unfortunately it won’t be long before we can track another crate across the planet … two Phillips screw drivers and a set of spanner’s to be ordered for Fintstones Rock crushing plant I’ve heard.. (on the hush hush obviously)

I note your point regarding nothing new here.
(Not even a yearly RNS to say “ things delayed by another year”)

But how on earth do you value PXEN??

They are loaded up with percentages of Italian and Spanish assets that absolutely dwarf our current mkt cap.

I get why the share price languishes,,, Yes I too share the concern that (Ed) management should present themselves as Rory McGrath with a monotone voice, no drive, no motivational style and who looks like he woke up in a hedge before running the 1500 meters in a suit on a hot day. However we are surely at some point to set that aside and let the facts do the talking. This current valuation as any sort of reflection of what will happen this next year is farcical… income stream and margins should have us many times this level.

That I think answers why we have started to move up. Just my opinion. It’s said many times …. But this is in your top few undervalued companies on AIM.

My thought (again)
‘We will be successful despite Ed and his team … if not because of them”