Member Info for hellyeah

Anyone know the short position now?

Hope you bought back in after selling!

Its parte time :) Good figures and even modest profit!

On the contrary, I tend to have a longer term view of the market and try to find decent stocks to hold for medium to long term which pay decent divi. BGEO is one of them!

Anyone know why the 10% increase at the start of the trade? It seems we are back to normal now.

Predictably, author of this Thoughts on the Globo Report" article has a short position, so pointless to read his biased views.

I was involved in OCDO, it was amazing to see sp going from 60p to 600p in space of few months! I really think something similar will happen here. All IMO.

That is not entirely true, end of the day Quindell also had a lot of value in its sp which Gotham didnt recognise. Gothem, if I remember, said Quindell is not worth more then 3p (in old sp money) but it turned out it was worth 3-4 times as much when they sold their priced portfolio to SG for c.£500m!!!

I dont blame them for adding more at these stupidly low sp!! All IMO.

That's how I would read it.

They have doubled their holding from c.11m shares to c.23m!! Bring on good times :)

You have your head in the sand :D

Solid RNS stating we are well prepared. In fact situation in Greece might improve our costs!!

Be prepared to see some shorts closing!

Thought they have c.$4m in cash (from last RNS dated 19 March) and market cap is c.£6m. Just so you know!

Be prepared to see this go back to 0.10p either today/Monday IMO.

Qataris might buy more after this update! I am a long termer here and will keep holding.

Administration!!

As much as I want to be positive, this is a gone case. From the latest RNS: "Notice of Cancellation Further to the announcement today by Sun Avenue Partners Corp. ("SAPC") that it now holds or has received valid acceptances of their offer ("Offer") in respect of a total of 101,681,152 Sunkar Shares, representing an aggregate of 29.81 per cent. of the issued ordinary share capital of Sunkar and 61.02 per cent. of the Sunkar Shares to which the Offer relates, the Company has, at the request of SAPC, applied to the London Stock Exchange for the cancellation of trading in the Sunkar Shares on AIM ("Cancellation"). It is expected that Cancellation will occur at 7.00 a.m. on 7 August 2014 after which time Sunkar Shares will no longer be admitted to trading on AIM. Cancellation will significantly reduce the liquidity and marketability of any Sunkar Shares not acquired by SAPC and the Sunkar Board therefore recommends to Sunkar Shareholders that they accept the offer by SAPC. Capitalised terms used but not defined in this announcement have the same meanings as given to them in the Offer Document dated 17 June 2014." THERE SEEM TO BE NO OTHER OPTION THEN SELL :(

£266m bid rejected! That values us at about 290-300p. Good going!