Member Info for grsshaw

I do hope that if IES have any news, that this will be announced very soon maybe even over the next few days, to keep up this share price momentum. This may be the line in the sand re the seller as now related market interest. Interesting that very large trade yesterday and the timing!!

45.35 is my next natural target without any additional newsflow (last director share purchase)

Just averaged up with another purchase at 40.55p - this is so undervalued and in the right arena with hopefully plenty of news flow to look forward to!

Good luck all

It doesn't take much volume to move IES in either direction - easy way to trade/take this down with a few sales.

This may still go lower still, but feel when this is ready to bounce it will move up very quickly.

Nothing has changed re fundamentals to justify this drop in the Share Price and pretty low volume also.

Feel the market is offering some very keen money off promotional prices at the moment!

Good Luck All

This is being walked down due to very little buying interest/volume - taking advantage of no news and current market appetite/risk.

My take is a nice positive RNS next week will have this back in the 60's possibly higher very quickly. The seller will then disappear for a while and then return after the news to start the process all over again!

May be wrong of course - even better prices available today :-)

Just like clockwork - a few purchases of 250k and sold into very soon afterwards - it just feels a little planned to me but this is the stock market and anything can happen I guess!

Nice one NicetoMichu,

I'm a mega fan of AEX - I hold too many as it is, so have to control exposure %. SP under 1p is a real steal IMO. - looking at 2 to 3 years before selling, but might trade a few during the next few months and reduce down some exposure before drill results.

PPC, I understand frustrations on this share, I have been a recent buyer from 1.7p due to the low MC, but also have enough exposure %, so no more buying for me - happy to see where this is at year end etc..

IES, actually made some decent money many years back when was REDT, but sold out after the AGM I attended as I wasn't convinced by the BOD - I got that call bob on - thankfully :-) Traded this a few times over the years but this price is just crazy - this was over £100m MC not that long ago and now sitting at approx £42m!! Will review my trading shares at the next RNS and will keep the other shares for a few years to see what they can do!

Good luck!

Picked up 4 x purchases myself today at 0.355 - very silly prices - will keep a few and trade a few I think!

Assuming they had to put out an RNS due to the retirement of Martin U. The additional detail provided was a little ambiguous and very specific on certain areas and not mentioning others. I think PL is playing a little game with the ongoing seller that is out there! Ironically, they are all buys this morning so far, at the time of writing.

Would've been nice to know how many barrels were sold in July at Market prices at US$105.8 - over 50% more than the Argentina barrel price!

I wouldn't say it was a good or bad RNS - so waiting for a more comprehensive update - hopefully when this seller has finally moved on!

Assuming now would be a good time for an interview and a little bit of PR?

https://www.fastmarkets.com/insights/argentina-doubles-down-on-lithium-to-meet-surging-global-demand

Interesting RNS today - I wonder why this wasn't announced on Friday at the AGM.

Think this may start to rise a little each day as investors weigh up the opportunities that may be involved here, PPC is a good price to have a go at new venture growth opportunities backed with O & G revenue and profit - I would say it's a good bet TBH. Still seems the seller is still out there, selling into to any rise to try and keep this down as best they can!

An investor/trader purchased 1m shares at 8.05 at 1.35 this am, only for 1m to sold a few minutes later at 1.26 - let's see what happens in the next few weeks to the SP and the trades...

PL made a comment re the small share volumes moving the SP. It easy to resolve, just need a few big buys and this should start off the upward trend.

Good luck All...

No news today then, I wonder what they talked about - assuming very little by the looks of it...

Maybe they have given up talking to the markets, in fact it usually makes it worse when they try - Ha ha!

Has PL given up, maybe he is looking to lower the SP in order to buy PPC on the cheap, can't think of another reason!

Anyway, its still way undervalued, so I will look at this later in year - nothing to see hear it seems...

Good Luck All

Also ringing in my ears is the PL comment re receding advice about news flow and drip feeding regularly will change as it has no affect. Will it be less is more when it comes to RNS announcements - not saying it will all be tomorrow of course, but I’m looking a little further out than days, weeks or an AGM ..

Re new - I was thinking more about Green House Capital and what they are going to do with it - will it be Atome 2 but this time held 100% rather separate listing? interesting they stated in the year end report it would not compete with Atome so they must have a rough idea on where they are looking to take it… With PL stepping back from Argentina operations I am second guessing there’s plenty going on in the background with PL dabbling in new ventures - my concern is how do they pay for it - which then raises the recent bond questions - is this to do with funding GHC? maybe wrong but it’s a bit of side bet from me that something new is being worked on… let’s see tomorrow!!

Can't attend AGM myself unfortunately, but I am expecting a RNS tomorrow with a presentation to cover what will be discussed at the meeting. Wishful thinking on my part, but maybe even a RNS announcement for some new opportunities/developments that are 'work in progress'

With PL in the UK, maybe even an interview following in a few days!

Pity they can't stream the AGM online though!

Good luck All

Let's see how it goes tomorrow - I am looking forward to an update on where they are and hopefully information on why the recent bond was required - this may answer a lot of investors questions/frustrations!

Revenue actually appears to be on the increase based on the Q1 and forecasts for the rest of year. So, I will judge if a failure over the next few Quarters. The SP reaction will be very interesting to watch.

I agree that SP history/performance is clearly at 'failure' status, lets see if an update re revenue and profit turns this around - Trading into Q3 now, so we should receive a trading update on the last 6 months either tomorrow are very soon!

Personally, I feel this will do well in the near term and into the end of the year - certainly should be well over 2p in Q3 into Q4. I have my money where my mouth is, so let see if I'm right!

An other opportunity to top up today - I have now reached my target holding in PPC - all under 1.70 and now have quite a large holding for an individual holder. Pity I can't make it to the AGM as I would have liked to have met with Peter - I did try, but can't rearrange very important meetings on Friday! My business comes first!

Share price has taken a battering, but when you review the MC losses over the number/value of shares traded, it just doesn't make any sense. This is the time to buy undervalued shares, just at the time the market makes no sense or moves on very little volume.

When this does move higher, it will move fast - it may well drop even further but when very little volume is moving PPC, it doesn't concern me.

I sometimes get the feeling that someone is just selling into PPC on days the SP might go higher (example today) - regardless of what the share price is.

Anyway I will wait patiently to see if I was right or wrong..I am happy with my holding and prices paid.

Good luck All

Wouldn't be surprised if they try and buy AEX and take into private hands TBH. Not really sure what they are planning for AEX as it is basically a waiting game to see result, future work programme & time until revenue starts. I cant see much more happening with AEX until the cash starts to comes in! (other than the 3D and drilling results) I still don't understand with the SCIR MC so low why either WEN or ARA/Zubiars don't just buy SCIR from the market. WEN are in a tricky place as they have already sold this as a great opportunity to their SH's- where do they go next for growth as they confirmed Tanzania is where they are focusing growth!

Nothing to stop Wen buying out SCIR lock stock.. It has been confirmed in the SCIR RNS that whoever takes the asset the deal on the table will be the same. So I don't see a larger bid incoming - unless an outside company comes to the party and wants to get involved!

Hopefully this will highlight to the overall market that this asset is worth fighting over - wishful thinking maybe...

AEX do have a bit of cash available but that was earmarked to last G & A unto end of 2024. I wonder if ARA would let AEX use some of that $35m free carry to fund their share. Maybe ARA will put pressure on AEX to back off and not to get involved. TPDC might leave it to them and once all the risk is out of way then enter the programme at a later stage as part of their option to be involved! All very interesting... I am out most of tomorrow so want be able to watch the fireworks. AEX have until 16 July to decide, then assuming TPDC have first refusal...

https://uk.advfn.com/stock-market/london/solo-oil-SOLO/share-news/Scirocco-Energy-PLC-Notice-to-Exercise-Pre-emption/88576495?xref=newsalert

I would certainly be a lot more concerned with the recent SP drop if this was due to high volume selling. It appears a few sells, not even totalling £10k, can drop the MC by 2% or over £500k today. This has been happening for some time now on very low volume.

Personally okay to wait a little and review at the end of this year (when markets may be al little better behaved!) may even top up a little more if this keeps dropping as I really can't see why this is valued so low!. I know the debt situation is of a concern to some but I don't believe this is the main reason. Just not a good time for the markets at the moment, but this IMO is the one of the best times to pick up undervalued companies on AIM