Member Info for ihavenoclue

Give it 6 - 9 months and it will be a much rosier picture IMHO A very good long term buy !!

The market makes money out of the spread .. not too bad on here but it can be a lot larger. Sometimes 50% on smaller stocks like these. By the way, the spread is the amount each side of the mid price between buy price (offer/ask) and sell price (bid)

0.26p is mid and 0.27p to buy ... should you really be trading stocks ??

It seems there will be virtually nothing left of the £3.1m after debtors are paid. It was one hell of a mistake buying it in the first place.

In October you said "A positive statement is on the way about this co (record producer). Put it on your watch list. !" It is now Januray and is worth 72% less than it was end of Jan. So were you just trying to ramp the price up ?

http://www.myspace.com/tarachinn1

March 2006 "The acquisition makes Zest one of the largest independent reggae publishers and record labels in Europe and should help it to achieve “immediate profitability.” What on earth happened ? In 2 years there have been 16 RNS's an nothing much in any of them. Black Rock has 8% in here .... why ?

Any holders here are locked in or piling out at 50% of the SP ... crazy !! Market Cap is now just under £0.25m ... so for £2.5k you can own 1% of Zest - if you would want to ? Les than 2 years ago "Date: Tuesday 07 Mar 2006 LONDON (ShareCast) - Music group Zest announced its intention to become a major player in the reggae market today with the acquisition of Greensleeves. Zest announced that it has conditionally agreed to acquire the entire share capital of an independent reggae record label and music publisher Greensleeves Records for £3.25m in cash and shares. " Such upbeat news so where did it all go wrong ? The newsflow is awful so anyone locked in can only hope they find a major star or hope for amazing final results in March BUT it doesn't look promising !!

I am REALLY glad i decided not to buy in here on monday !!

Are you interested to see what actually happened next ? These may drop down to nothing the way they are going !!

I count 4 small buys and 1 sell.

Spread says Avoid ? 3.13p SP and 3.25p to buy ... massive !!! I can't see the big buy trades that people this weekend said they put on.

I am not saying you are wrong i am just saying i will sit this one out and see if you are correct or not. If you are maybe i might be asking for a further tip or two :-) There is too much sniping on these sites as peoples money is involved so i wish you all the best in your share dealing. Regards IHNC

Maybe my buy not going through on friday was not such a bad thing. This company's SP has done nothing but drop showing no support at any level. Could it be that it is now close to death ? And tipping NRK ? Urghh

Is this a US stock where you have to sign a US tax waiver before buying ? When i tried to buy on friday i was told the stock is not available to buy.

Can you even deal in US shares ? Have you signed the Tax Waiver form to allow you to do so ?

These are the reasons i invested in ACG. First of all the bid. A round of bids last year were rejected for being too low. I feel one of those companies have come back with a better deal and are prepared to thrash it out now all the way to a deal which i feel will be a significant increase on todays price. The IVA fee structure. Now this has been settled even though the IVA companies will be getting less per IVA they will be seeing greater numbers seeking IVA's. ACG were operating IVA's profitably even during the "dry" spell, unlike companies like DEBT, and i feel ACG will gain the greatest for the fees being sorted. The market has yet to being in favour of the IVA sector but i feel it will come, Positive press. Which? carried out a test on all the IVA companies and Accuma came out top. In an industry where suspicion is rife postive press is a must. I feel that ACG will be a 2 or 3 bagger within 3 - 6 months and i am happy to hold even though the market seems to be getting bored waiting for news. Always a good time to get in. All IMHO DYOR Regards IHNC

I have no idea what has happened to ZEST. Two years ago they bought "Greensleeves" for £3.25m ... today the market cap is £0.31m ... since that deal they have lost 95% of their market cap .... they are very short on news too ... last RNS was 5 months ago. Do you hold shares in ZEST ? I will keep EIIB on my watch list. Regards IHNC

60% is more than half. If you buy at 0.19p and sell at 0.14p straight away that is 26%. But anyway, i was just joking as billyray said these were a good buy at 0.53p !!

Got anymore ? I would love to try shorting a share and your buy tips would earn me a fortune !!