Member Info for ihavenoclue

Only confident on two at present ... this one could be good for 50% from here within a month and MTA will be flying if Russia results are good which are due soon

I am hopeless at timing and trying to guess the bottom so i would not even consider trying ;-)

That is probably the most common sense reasoning i have seen on any board today .. hope it works out for you. Regards IHNC

I thought you suggested to HOLD or SHORT it. I never short shares i was just thinking that from 13.5p you wouldn't make much shorting it now.

That is just an ADVFN theory not mine ... i have no feeling either way on it. I am just trying to see where the bottom is .. any clues ? Could 13.25p be bottom ? Two drops today and they have both gone back up to 13.25p - have to see what Monday brings ..

You are suggesting people short EEL from this point ???

LONDON (Thomson Financial) - Equator Exploration Ltd said it has agreed an unsecured short-term working capital loan facility for 5 mln usd with its shareholder lenders, repayable by Dec 15. The company said that in return it has agreed to issue 8.375 mln warrants pro rata to the lenders at an exercise price of 30 pence per share. This may be re-set downwards depending upon market prices during the first 15 days following lifting of the current suspension of trading of its shares, the company said. The warrants are exercisable over two years and the loan carries an annual interest rate of 6 pct, the company added. TFN.newsdesk@thomson.com kal/jfr

Sunday Times get it right all the time ? That is one view ... you said sell at 21p ... risen 50% since then, you fool. They said sell at the same time ... learn to DYOR and take your own risks rather than just listening to one view. I have done well out of ignoring the Times and this is just one more time they have got it wrong. I have sold half of my stock today to lock in profits and bought MTA and already in profit with that buy .. would you like some tips ??

so nothing stopping it from dropping back down ... of course an RNS mentioning several parties interested would make me very happy. If it hit 40 - 45p i would be out like a shot

speculation driven .. day traders taking their profits ... would be good for an offer RNS to be released soon .. that'll teach 'em LOL

I feel £10m would be a bargain basement price for DEBT and that gives an SP of 32p

more speculative buying than news ready to leak on an offer for DEBT. But having said that now would be a perfect time. I feel that DFD, if they are not one of the interested parties in ACG, would be mad not to be. With DEBT they may have more of a problem selling as they are making far less per IVA than ACG's average. Just my thoughts Regards IHNC

Well i had a feeling about DEBT and so far the feeling is paying off. I am not quite sure if the rise is due to a bounce over being oversold OR there is an RNS due on an offer(s) being made. I feel it is more likely to be the first as yesterday ACG had only 4,000 share buy to jump from 21 to 25p so i feel news was leaked to MM and they rose the price. here is different as there has been buying pressure all day. How far it will rise ? I have no clue ;-)

Good call ... you deramping idiot !!!!

So we will have to wait and see .. if i am wrong it is my money i will be losing.

From Oct 1st RNS Debt management division Since its launch in July 2007 the debt management division has performed well. The initial team of 15 has been increased to 28 by redeployment of staff from the IVA division. Volumes of enquiries and the conversion rate to debt management plans are in line with the Boards' expectations and the division, at this early stage, has made a pleasing start and further progress is anticipated during the second half. Loanmakers The loan broking subsidiary, acquired in June 2006, continues to perform well and is growing in line with expectations. Relationships with lenders remain strong and further steady growth is anticipated. New sources of referrals are being developed and the business is well placed to progress in the second half of the financial year." This RNS was 1 week ago not the 3 - 4 weeks ago that you state. Do you understand "growing in line with expectations" ??? How about balanced posts rather than just bullshit ?

the market cap is now £4.8m and Loanmasters will have a profit of £2.65m+ for the year. I feel that alone is stopping the SP dropping too much lower. Maybe i might be wrong but i am holding. As for news on IVA's .. aren't DEBT now in a closed period until results out on the 21st Nov ?

"After the weekend, Seems like the news from the daily mail and the times took its tumble... It may drop for some time or stick at current levels depending on the news, Next RNS could be a postive one!" Have you read the full report on IVA's and the issues that the banking institutions have with IVA's ? They are picking on every single point of it. For DEBT to rocket it would need them to agree a favourable outcome and soon ... i can not see that happening. For DFD and ACG they can weather the storm as they are generating £7k per IVA to DEBT's £4.2k. I feel that the fee structure agreement may come too late for DEBT's IVA team and they would have restructured by the time an outcome has been reached. I am buying in as i feel what is left is worth more than current market caps.

Also today most of the buys are going through as sells. The sells are at 14p and the buys are at 14.38/14.4p

A large part of DEBT is IVA's but there are two other parts and they are :- Loanmasters - according to RNS had made £2.1m profit in 9.5 months and was increasing " in line with expectations" so in a year it would make £2.65m+ profit. And the Debt Management Division which they say "Since its launch in July 2007 the debt management division has performed well. The initial team of 15 has been increased to 28 by redeployment of staff from the IVA division. Volumes of enquiries and the conversion rate to debt management plans are in line with the Boards' expectations and the division, at this early stage, has made a pleasing start and further progress is anticipated during the second half." They are also using the 9,000 IVA's presently going through as a base to restructure if necessary. All this with a market cap of £4.82m. I know it is risky but i am in. I can't understand why the Times would issue such a statement. The only way i would panic is if i thought they were going bust and the bank would not have allowed them to borrow another £1m if they thought that was happening. All IMHO Regards IHNC