Member Info for ITwizzkid

Don't do that, the debt profile is awful, and unfortunately the various local governments that owe them money aren't able to pay, so they are about 50% likely to go broke.... and if that happens us poor shareholders won't get anything! It's worth a flutter at the moment, but not worth risking the house... Down to 6.75 p today - I am going to see if there is a new press release

I am hoping they get paid - if so they are worth around £50m according to their balance sheet, let alone the future potential profits. I noticed on YouTube they have been creating PR / Marketing videos which hopefully shows that they are still out winning new business. At their current market cap of £4m the market's saying there's around a 90% chance they will go bust - I say it's probably actually around 50%, bearing in mind that they are a key public service in Greece and Italy. Unfortunately a 50% chance they'll go bust is still a big enough to persuade me to hold off putting more money in just yet... maybe I'll buy more shares when it drops to 3p as it did not too long ago!

2010 FY results were supposed to be out in early April - still no sign of them so I am wondering where they are. I sent Helesi an email but no response... crazy13 right now the interest in HLS is tiny, the only trades tend to be sells so the longer you wait the more of a bargain you could get... OR they might go bust judging by their balance sheet!

Congratulations on your purchase - welcome to the dizzying rollercoaster ride that is Helesi!! As far as I know, whether it's a sell or a buy is deduced by the system by whether it's above or below the mid price. You were able to get your shares for 9.23p, but the mid was 9.25p so the system thought it would be a sell. Usually it works properly but sometimes it doesn't ... I'm of the opinion that there is a very large sell overhang right now, and the MMs are slowly letting the price decline, which could be why your purchase price was slightly below the mid.

What is his deal - does anyone have any news on how he normally operates?

It looks like it - actually it looks like several major investors are buying and selling reasonably large chunks right now, hence the big swings

Every single trade since 9th of Feb has been a sell! I just checked the Share Trades screen

Annual report is due out during April, still no sign, no RNS, nothing.... Not sure what that means, good news, bad news?

What kicked off mate, I am not in the UK so I'm a bit out of the loop!

Had enough of what..? a nice rise from 8p to 16p?

Wonder what has happened to get the PIs buying...??

Reuters) - Moody's slashed Greece's credit rating by three notches on Monday due to an increased default risk, raising the specter that the distressed euro zone sovereign may have to restructure its debt, perhaps before 2013. The move increased pressure on euro zone leaders to ease repayment terms on bailout loans to Athens, just as Germany and its allies seem to have turned their backs on more radical steps to help it reduce its debt through bond purchases or buy-backs. Moody's Investors Service downgraded Greek debt to B1 from Ba1 -- lower than Egypt -- and said it may cut further, drawing an indignant protest from the Greek Finance Ministry.

Is that they are doing all they can to keep the share price low - constant dilutions, lots of strange deals, and now this - a potential delisting. It's all very murky. I am wondering if an anonymous bidder (Chan??) is paying off the management to keep the price low, as well as dilute other majority shareholders' stakes so that he can do an aggressive takeover. Interesting that while the price was dropping massively there was not a single RNS from the management to say they don't know why it's happening... but as soon as the price shoots up 10% they release an RNS to say trade with caution.

http://rcg.todayir.com/rcg/attachment/2011021714401011_en.pdf Good luck trading this share. On the face of it the Price/Book ratio is wonderful, but in reality the management is continuously eroding shareholder value. I am not a scaremonger and I do not have a short on RCG. I just think they are quite frankly a dreadful company with lots potentially brilliant products.

The Board is considering the possibility of proposing a cancellation of admission of the Company’s shares to trading on AIM and PLUS in the United Kingdom (“Possible Delisting”). The Possible Delisting will not affect the listing status of the Company on The Stock Exchange of Hong Kong Limited. The Company has also been approached by investors who are independent third parties in relation to possible subscription of new shares in the Company at a price to be agreed (“Possible Subscription”). Such independent third parties are not expected to become substantial shareholders of the Company (as such term is defined under the Rules Governing the Listing of Securities on the Stock Exchange (“Listing Rules”)) by way of the Possible Subscription as the new shares will only be issued under what is available under the existing general mandate of the Company which is less than 10% of the total issued share capital of the Company as at the date hereof. As a result of the Possible Subscription, the Board is also considering a refreshment of the general mandate to issue new shares (“Possible General Mandate Refreshment”). Further announcement will be made as and when applicable. The Possible Delisting, Possible Subscription and Possible General Mandate Refreshment may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in shares of the Company.

Are caused by shareholder panic. There are not many shares in public hands, so it moves on small volumes. Lots of shareholders (myself included) have sold based on 1) lots of very dodgy deals by management, 2) repeated stock dilution, 3) lots of strange behaviour that doesn't smell right - ie. buying stock in strange, unrelated companies, many of them appearing to be shell companies. As always do your own research. The comments board on iii is especially helpful on ths one.

I would imagine that once the court case has blown over the stock should perform fairly well. Their products are wonderful & applicable to so many industries. I have re-analysed RCG & I'd say that so long as their accounts are in order & they tighten credit terms, they are worth a small portion of any portfolio

It's January I believe. Some major developments recently - I have been following on the iii chat board. IMHO the future is pretty good for RCG, they have removed Chu and put a new guy in there, and they seem to be on top of getting good deals put together. I am still slightly concerned about the accounting, since their "trade receivables" are very high, so I imagine credit terms for their clients are very lax, but otherwise the valuation here is incredibly low, especially now the management seems to be removing possibly dubious characters...

I bought in too a few weeks ago. They looked great value. Hopefully the rises continue...champagne tonight haha

Good to see some rises recently - the market has not yet doomed PVCS! I am watching with interest... Sorry for my last post, it was written in an uncharacteristic cloud of despondancy. As I always said, I think PVCS is a fantastic company, with great management and a good product in a strong & growing market. I was admittedly quite worried from their last results that they are NOT price leaders and therefore will always be fighting to produce a cheaper product, ie. margins will always be squeezed, and profits will always be mediocre. That said, the price leader will emerge as the company that can secure the cheapest silicon wafers. PVCS seems to be on track with Bitterfeld, which will give them a big input cost advantage, and if they can capitalise on that to squeeze out competition, all the better. Montyblonde - as far as I am aware, the manufacturing techniques used are almost entirely robotic; the labour that is used is generally quite high-tech - scientists, machinery operators and so forth. I'm not sure the Chinese will have as much of a "cheap labour" advantage as in some other, less automated, less high-tech, manufacturing techniques. The next big wave of solar panels looks to be 5-10 years away from domestic installations; check out http://www.nanosolar.com/ which - reportedly - is literally printing solar cells onto sheets for 99c each. This will be the biggest threat to the future of PVCS - ultra cheap, very scalable nanosolar panels. The actual cost of production is tiny. Check this out, it's fascinating: http://www.youtube.com/watch?v=vIXkB5nrEiY Nanosolar is not yet available for domestic installation (give it 5-10 years) but even as it currently stands, it makes absolute financial sense for every home in the UK (and Europe?) with a south-facing roof to install traditional, silicon-based solar panels. Not to mention ecological sense. The only delay getting the message planted in peoples minds that they can actually make money, cut bills and save the planet, very very easily by installing solar panels. 15% ROI every year for 25+ years? I'm in.