Member Info for Gruyere

Dai k1- honestly your story is so like my own its uncanny. I started accumulating though nowhere as many as you, first with Desire Pet for 18p as I recall and then, though I've tried hard to forget - being quids up and still buying at £5.30 or £5.40. And then onwards and downwards to 5p - as you say all but worthless. So with impeccable timing I sold from then up to quite recently but held on to 20,000. Will I add to that? Probably not, AIM oilies have been a ruinous series of investments for me personally. But hope springs eternal that RKH will come good and those few I have left will come good....but like old firends now it will be difficult to see them go.

No - fair enough comment and I may do the same as 3% uplift is'nt much. As regards MBerry - well you'll find that she never gets it wrong, sells at the top and buys at the bottom . Her/his/its strategy is nothing special - the mantra of trim to win, add rinse and repeat is quite meaningless. If a stock goes up she sells a portion of what she bought and awaits a downturn to buy back - wow! There's an idea - wish I'd thought of it. When challenged by me ( in Wood Group) about his/her endless success at not making a loss he/she explained that even when she has completly sold out of a stock at a profit - the next time she buys into the same one she counts the previous profit as still standing and being a buffer against losses that might be incurred on that purchase. Well OK if you want to do that, but in effect means you never have realised a given profit as profit or a loss as a loss - hence superhuman success....not.

Samson - Germany is a large market for sure and while there are established chains operating like Ibis, Mercure, Holiday Inn there is still a lot of accomodation provided by small/medium sized none- chain hotels. I think Whitbread - rightly- can make a showing but they will need time to establish themselves. The product on offer is great, but the German's are I believe very conservative and stick to what they know works. Time will tell, but mastering the culture, supply chain etc in one country before dotting around does make sense to me,

You're listening to Mary Berry? Dear oh dear oh dear.

Why do you think that matters and have you actually read anything about uncrossing trades?

Read the RNS - its hardly buying. There are a handful of shares being chucked at them.

We're all stakeholders aren't we? Unless you mean the major holders giving irrevocable consent to the deal.

I suffered big from the Wood walkaway and then the current debacle. Still its a case of no risk no reward and I went into this and have added until 10,000. A further delay would not be good, a walk away even less good, but the company is sound and the bid undervalues it in some opinions, so fingers crossed which is basically all one can do.

Bloo Bird: Oxymoron totally right.... and half the word is right if applied to its current Sec of State!

Stupmy: In fairness MB has replied and set out her strategy. It seems it amounts to buying whenever a share goes down and selling some when it goes up and if that carries on long enough you'll have a holding costing nothing. It's hardly a revolutionary procedure and 'strategy' is over egging it. There are plenty of examples where blind faith and buying as they go down is the route to wipe out - I should know. Still I appreciate what she is doing but calling present buying because of a profit made long in the past is no recommendation.

Stupmy/geO123

Each to their own accounting but the notion that ANY direction in share movement makes money is plain wrong. In fairness the mystical negative cost price she claims has decreased meaning losses on recent purchases - presumably after taking her own misplaced advice on WG.:

24th May - Buy as near 130p as possible over the next weeks.

5th June- But will double on a retrace to 130s (unlikely as it is.

8th July- Expecting a take out at 230/240 ... Add / trim / improve and clean up.

Then this-....The holding average cost is currently -263p per share (in an ISA too) so at the current price each each share now held gives me 458p per share if sold. So if it retraces I rinse and repeat. My favourite share.

24th July-Price action is saying yes... will sell the positive offer news rather than wait for the cash otherwise ready to rebuy at 130/140p if all fails.

WIN both ways.

5th Aug-This will be back up to 170p +++ at some point and another will come a knocking. Pleased that this is not off the market as it is a great trader.Adding on general market weakness, rotating into Wood at these levels.

9th Aug -This is near the bottom and likely to rerate higher than the 118 and 125 of yesterday - so am building position again at what seems a great entry.

...................and on and on and on. I don't mean to be unkind but really shouldn't you somewhere in the 10,000 posts a year take stock and hold your hand up when you get it very very wrong like the rest of us? No? Ah well , the add trim rinse repeat and all will be well in fantasy land.

Milrowmug - It was noting that Markie was yet another poster on here who owns no shares - the words are from his post. Personally when it did drop briefly below 10 I bought more, am down quite a bit on my 100,000 plus but live in hope that it will come good.

Mary Berry, the trader that never fails nor says anything of subtance,but low and behold managed to make money whatever happens and reports -after the event.

This 'her' on Wood Group --- 24th May - Buy as near 130p as possible over the next weeks.

5th June- But will double on a retrace to 130s (unlikely as it is.

8th July- Expecting a take out at 230/240 ... Add / trim / improve and clean up.

Then this-....The holding average cost is currently -263p per share (in an ISA too) so at the current price each each share now held gives me 458p per share if sold. So if it retraces I rinse and repeat. My favourite share.

24th July-Price action is saying yes... will sell the positive offer news rather than wait for the cash otherwise ready to rebuy at 130/140p if all fails.

WIN both ways.

5th Aug-This will be back up to 170p +++ at some point and another will come a knocking. Pleased that this is not off the market as it is a great trader.Adding on general market weakness, rotating into Wood at these levels.

9th Aug -This is near the bottom and likely to rerate higher than the 118 and 125 of yesterday - so am building position again at what seems a great entry.

...................and on and on and on. I don't mean to be unkind but really shouldn't you somewhere in the 10,000 posts a year take stock and hold your hand up when you get it very very wrong like the rest of us? No? Ah well , the add trim rinse repeat and all will be well in fantasy land.

You posted this in July : Got fed up of all my share not doing anything sold my Union Jack shares not a lot only 3750 and got £660 .

So why not do or say something psoitive - like you could re-invest that fortune and buy 6000 UJO - beacuse if the next well comes in then your prediction will be as meaningless as the one you made a week ago.

Great find TaffAff and well done Jeremy Raper for stating publicly what needs saying - the blatant thievery of the scheme really can't be articulated any better than Raper Capital has. Let's hope the board members are shamed into a change of heart - if they have one that is.

The 'Admin costs' for a company this size reporting the profit it is are out of control. £398,000 to DB as stated by itsawrap is plainly not justified and even that's not enough it seems - a grand a month to his wife for 'IT Maintainance' and presumably there's the cost of a new duster for her now and then.

OK its not easy or even possible to get all things right all the time - but performance related pay should invove more than making enough to just pay the board. That said, I've got enough in UJO to get the praymat out and daily hope that it will come good.

At last some good news.

The accounts show a loss on 'investment revaluation' of £404,000 - no note to the accounts in explanation but I'm betting that's the ill advised BCE 'let's have a punt' shambles.

Manfor: Totally agree - and example of board greed at its worst. Have I read this aright that they are making an affirmative vote on their remuneration/bonus/daylight robbery a condition of the deal itself? Be nice if I was wrong.

I agree. The 'sea of red' doesn't actually say much. It amounts to 0.048% of shares in issue. Another way to look at it is 99.95% of shares are being held in anticipation of good news to come. Either way I am not tempted to sell, rather the reverse - but as always people should invest only what they can afford to lose.