Pokerchips, mcap here is @£24m not 6m, is that correct? Just starting to research this and hoping to get in at current prices (or lower) if i can trade out of other stocks. Looks at or near bargain basement price to me, definitely huge upside.
Must admit Faramog, I spend most of my time on Telegram and next to no time on lse nowadays, its become too much of a cesspit.
3 figure renumeration isn't what I'd call handsomely paid :-)
Not been here for some time since selling out a couple of years ago, but wasn't expecting this board to be as negative as this. Obviously would research before making an investment decision, but from the tone of some of the less bullish long term holders this looks less of an opportunity that when I sold up intending to return and load up.
Do any of the bullish LTH still view this as 'the best share on aim?'
Sold out here near enough breaking even (not sure if slight loss/profit) after 3-4yrs holding, with the intention of buying back. Put the money topping up further in EUA expecting completion of deal and funds available to re-invest. Not kept abrest of latest news here other than rns's or at all in PET, but if by the sounds of it PET is dodgy, its pretty much the same people involved with different projects. I think if I do decide to invest here again it will be to trade myself a position to free carry and put in the bottom drawer. Its too frustrating an investment to hold any other way.
Lol, some of you muppets just don't have a clue. BG engineers aren't among the highest paid engineers in the industry, far from it. The company will say the whole 'package' is comparable but there's parts of the package that not many engineers will actually use. Engineers want pounds in their pay packets, not offers and discounts on Sainsburys, cinema cards, childcare vouchers etc.
It makes me laugh to see you hypocrites backing the management to reduce engineers conditions when each and every one of you in the same situation would be screaming and crying like a little *****.
.....and I don't drive a big car :-), but I would imagine you've just tarred me with a brush you should have used on yourself. Maybe you're not Cun-trarian after all, just so poorly endowed your manhood isn't detectable.
Contrarian, I hate to burst your bubble about the 1000 apprentices, having been through the process myself, the youngest were early twenties up to mid fifties. Often employees made redundant in other business areas and bringing a negative perspective of the company with them. It was termed an apprenticeship so that the company could claim funding from the European Union. Not sure where this will be funder now, but of the 52 weeks apprentiship duration required to falsify for funding, only 21 weeks were training with a single day in the training centre at week 52 to qualify for payment.
I'm not surprised that you have had negative experience with BG engineers though. I would also bend over backwards for the pleasant customers and do the bare minimum for the arrogant, self-centred rude ones.
Oh Cun-trarian. I so hope you're showing a massive loss on this and any other investments you may have. Me,I'm going through the motions seeing out my notice, sat at home most days without any call outs seeing as we are currently on emergency calls only. Living the dream, 2x contribution pension transferred to a SIPP this time last year and reinvested very successfully quadrupling my pot. Isa maxxed up in EUA at average 3.4p , just awaiting the deal, taking advantage of full pay for limited effort. As my pal would say "minimum effort, maximum gain", ( I use quotation marks because I'm directly quoting him). For my fellow engineers and union reps, keep up the good fight and don't let the armholes in and out of the company get you down.
****rarian, you couldn't have chosen a better name for yourself. IT contractor eh. Let's see you on £12/hr working in wet, cold dirty conditions sometimes in well dodgy areas , and unsociable on call hours. Stuck up pratts like you are the ones that need a reality check. You wouldn't last a week doing an engineers job and would be the whineiest little ***** out there.
Heres an idea, what about not paying Ian Conn and his successor massive salary and bonuses for failure. What about making their pay performance based, profit, churn and SP related. Cut the management deadwood, make cuts and fire/ rehire from the top down, and maybe then the engineers might consider that it isn't always them that are getting the chappy end of the stick and 'we're all in this together.
Thankfully, my resignation is in, I'm out of there in the next couple of months retired at 52 having had a monster couple of years trading, but let me tell you working for BG as an engineer is frustrating as he'll.
Had to release funds for tax bill, so sold 750k of my 2,000,000 holding and a further 750k to top up in Portage biotech. Holding only 500k now. Hope this doesn't come back to haunt me. Will probably reload if sp stays at these levels and future profits allow for the odd bottom drawer share.
I suppose the reason to ask for Bridges is that once you've invested based on what you believe the potential is, there's nowhere to go and research further. Its like a vacuum and naturally peoples patience is wearing paper thin. Bridges has a very persuasive and even reassuring way of refocusing what the end game here would look like, but despite his positivity no-one can put a percentage on the outcome here based on other investors views. Ultimately we need the BoD to start respecting shareholders, but that isn't going to happen. Theres been enough false dawns here, hoped the recent movement might have been the beginning of something, but looks like it was based on nothing.
Personally I'm hoping for a spike so I can derisk my capital then let it either do or die.
Not sure you can call them crooks. Poorest of the poor communicators definitely. As far as I'm aware they only take expenses to run the company, so hardly a lifestyle company and don't dilute whilly nilly like many aim companies. That suggests they're in it for genuine reasons, and the prize is large. The question is can you hold through the silence indefinitely?
For me, the hold becomes a helluva lot easier when I cash in on EUA.
Nice to see some life in this old dog. P&D or is something going on it the background? Enough false dawns not to count my chickens just yet, but at the same time this might finally be about to blow. Not a major holder like some here, just 2m shares, but looking to de-risk a number of positions, and this is one of them.
Totally agree Pauly. Probably incorrect, but my perception is directors of Clon put absolutely no effort in trying to move this project on most of the time, and occasionally go back to it and put a few hours in here and there, only to mothball it again. I've said it numerous times before, but their communication is beyond pathetic and its a very hard hold when the directors have done very little to earn your trust and faith they can deliver.
Thankfully, EUA is my biggest holding, and whilst they keep a tight ship, there's enough info out there to retain confidence in the board and progress going on, and once the deal hopefully comes to its conclusion I can tuck this away in the knowledge that it doesn't matter if it fails to deliver, and if it does its a pleasant surprise some time in the hopefully not too distant future.