Member Info for icemax

SM back at WH, at what look to be the same BV coordinates.

Proactive Investor i/v with Used Car Malcy lined up, and (apparently) a new Andrex Advisors report. Tally ho.

Funnily enough, I'd just finished writing this when you post came up

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I think a lot of people on this board are pointing wrong fingers. All Star ever did was present a reasoned view, a positive one yes, and one may or not have agreed with the reasons articulated in that view (or perhaps more importantly, what was not articulated or discussed).

But by and large it's been a civil discussion. The reason why I and others stopped providing alternative views on this board were not Star but the attacks and non-reasonable views presented by some LTH but also the wave-rampers, those that come and go. (It got nasty, and tbh wore down my mental resilience).

And whilst success on AIM is typically only learn through experiencing failed strategies and keeping emotions in check (I still struggle sometimes with both!), there has been sufficient information provided on these boards such that an intelligent, learned investor could make the right decisions, with no-one to blame but themselves, if they were honest.

I doubt that few will believe me, but when I saw the RNS rather than schadenfreude I had a heartfelt moment for those heavily invested.

Yes, that is the case. SM ferried supplies to WH yesterday and is now back in port. It will be interesting to see what it's trajectory is when it leaves again.

EV ordinates are 64° 58' 46,07" North 07° 02' 55,18" East.

ha! of course meant contrarian! Let's face, if all these negative posts were from derampers, it would be the longest running deramp on Aim. You see the same sorts of claims against officials when a goal is scored against their team in fegie time. It's always the derampers/shorters fault, never the team's.

In fairness Richelieu, deramprs tend to come and ago. Most contradictory posts here are from present, past and possible future holders of BPC/CEG. And whilst there may very well be some who are spread betting against CEG, it's natural sentiment and lack of news/direction that is weighing this share down. That all said, if you are confident in your investment here, you've no real need to call out deramping and shorting, as value will out.

Here we go then!

Been off AIS since the 17th, so it's always possible that it might move and not be picked up on AIS. Worth keeping an eye on its tied supply ship SKANDI MONGSTAD https://www.marinetraffic.com/en/ais/home/shipid:313714/zoom:13

Love your losses as much as your profits as the old saying goes - which many early investors can't quite get their head around - whilst emotional trading of the wouldav, shouldav, couldav variety is surely the quickest way to lose all of your investment money. There is always, always another opp round the corner, so if you miss out on a rise because you gauged (probably correctly) that it was too much risk, just move on to the next one.

Relatedly, only average up, never down. The idea here is that rather than risk putting good money after bad, and trying to call the bottom/catch the knife, wait for the confirmatory signals that SP sentiment has indeed turned (whilst being careful to avoid a bear trap). So many punters want to get in early, with pies in their eyes, when in fact the most successful traders/investors are happy to let others take their chance on greater profits, happy instead to take smaller profits on a de-risked bet.

It remains the case that until CEG accounts are published in September, CEG can only be a high risk play, even if S2 produces promising results. It's akin to betting on P1 but with smaller payoff. But if that does happen, love yer losses or take yer profits, then wait for 30th September.

Starchild, no problem. My posts have always come in two styles, some attempt at analysis (admittedly more rare) or more abrupt. But they are never aimed at a poster (unless they have taken a swipe at me lol).

Have a good day all, and may your football team be with you. Peace out.

Starchild, can we please drop the personal attacks and slander, and focus on opinions. Of course, you are entitled to your opinion that a poster here has a less considered view than yourself or others, but you do need to back that up with some evidence, otherwise it ends up as a petty argument rather than a discussion. Please understand, I am not looking to upset you or add to your frustration, and indeed to my knowledge I have never sought to deliberately undermine your posts, whatever view I may hold of these.

I think my degrees in economics and finance are of less relevance here than the fact I predicted that the SP would 0.5p on a P1 duster, that the placing price/conversion would 0.35p and that post conversion, CEG would be less than 2p by the Autumn. And I'm also quite pleased with myself that I manged to walk away from BPC with nearly £40k profit. Fair reward, me thinks, for having followed the company for more than 10 years and understood which way the wind blows.

My opinion and observation of the Auctus note as an AIM investor of 15 years is that, firstly, all broker type notes are to be taken with a pinch of salt, as the sole purpose of such notes is to drum up business, either for the company or the financial institution releasing the note. That is why you will never see a long term AIM investor referring to the notes unless (a) they add material information or perspective to the company's own sales brochure or (b) they are using the note to ramp or deramp.

The Auctus note was interesting is that it was months out of date when it was released, and the very little it contained about the company's financial situation at the time was not only misleading in terms of the latency between the 'analysis' produced and publication event, but that it was also false in the picture it painted.

Now, as to why it was published so late, I rather suspect (as I said at the time) that it had been internally reviewed and considered not fit for purpose, but needed to be rolled out to support the raising of cash at the time it was released.

All by and by really, the Auctus note belongs to a time in history. What is desperately needed here is less an update on S2 but a transparent, clear publication of the company's accounts and financial position. This is way, way overdue, and until we have that, buying CEG is simply buying a pig in a poke.

Most punters know that broker notes are sales brochures. But the Auctus note was one of the worst I've seen. Not only was it massively out of date even when published, the address of the company's financial viability at the time was simply shocking in it's lack of detail. Complete toilet paper.

The tracker stopped updating at a time yesterday, not quite sure why this happens but I have observed this before when a vessel is about to move.

My guess is/was that it's the consultancy fees of the last week being cashed in, nothing more.

It's not the case that forward sells must be at the placing price. It is sufficient that on average they are at the placing price. As it would appear that some large forward sells have occurred at significantly above the placing price, some of the tranche can and will sold at below that price.

As for Monecor, as they simply bought the shares as a hedge against the price rise it will depend entirely on their spread-ex book, and the weight of PIs betting on a price rise or not. If that weakens, then will sell, but equally they would be reflecting a wider sentiment and a price fall, so be careful what you wish for.

You can be sure of Shell, maybe?

I think perhaps you haven't been around for a while, as today was the first time it;s been NT for weeks. So be it.

I find that a bit pompous and unnecessary. The SP has been struggling to hold its own for weeks, and one could have bought any amount of shares in what was not a very illiquid stock at the time. Simply noting that we are back to NT and other commenting on that is hardly a concerted focus on the short term. And if you find it duller than tumbleweed, I guess you could find other things to do. Anyway, onwards and upwards.

No need apologise for holding you own particular interest and view.

Going to NT for anything more than a 1500 shares @ 70.79.