Member Info for jedclampit

Buys are what about 14m against sells of 10m so no one is selling their stake .

Calm down anyone would think this is the end of the world it's only share prices, Look the ftse is on what 7000 I remember over the last 30-40 years the ftse being back to 4000's with market drops of 250 -300 points a day for days on end.
OK some companies could go bust but unlikely with big companies like RR or many ftse companies. We don't have bankers or investors jumping off roof tops etc and it will all come back, just take a few days out and relax this is the game.

So just where are the good points, the way I see this is after getting the eneo money where has it all gone.
Vog still has a big amount of debt, small amounts of cash and less customers and less sales.
So much for breaking even or making a profit, and what's going to happen once they start drilling again no wonder they needed more money with a loan.

Who knows what's going on here we should be going up, just look at Dix today and with great results and a divi coming back their shares are down. Just the city playing games again, so when this starts it will go straight up to £1.20 +

OK fair cop it's now down to those numbers.

at 98.5p how come when the lowest so far today has been 99.3p

More porkies

The share price is NOT always about NAV, ok maybe the long term sp does reflect the NAV but day to day movements are about the city making money and that means ups and downs , so at this stage £4.00 means very little it's what they can push it down to and then back up. Now that could be £2.50 - £4.20, so you just have to play the game on a daily / weeklt basis or come back in 6 months.

Now the sp is turning and time to get in !!!!!

Look none of these small buys are individual buyers it doesn't pay due to comm / and spread they are just broker houses cleaning their books etc. They don't mean anything.

It's just another day of ups and downs, but at these levels we know the americans are buying up defence / engineering companies and RR must now be a sitting duck and could just be a quetion of time now. hold tight.

I just think the longer it hangs around these prices between £1 - £1.05 the bigger the rise when it starts to move and could go up very fast to £1.50

I looks like a made a slightly wrong call ripley, I have been like everyone else watching and waiting for the little dip and I thought £1.05 would come again, so I might be the odd 1p out but it's always a guess isn't it. Anyway it will only be few pence and for a very very short time maybe tomorrow back up to £ 1.05 - £1.10. Who knows but still a dead cert for profit at these prices.

I thought it would at some point come down below £1.05 so I topped up at £1.03 but now I neeed it to stop and go back up please.

Goodness , what's this site coming to when posters start talking about court action against each other, It's meant to be a bit of banta and info swap in a light hearted way. some are just losing the plot.

But they still have debt of £2.7bn and we all know that debt kills, just look at how many companies in the last year all raising money to pay down debt and what has PMO / Harbour down paid down £0.3bn reduction nothing.
Just keep an open mind.

I smell a rat here, with most / many large companies having 10p or 20p shares and PMO 1p to Harbour consolidation now having 2p shares it leaves it open for another cash raise and another consolidation by 5x or 10x later down the line to try and reduce / clear it's debt.

Over the years you get a feeling about certain shares,let's look at PMO / Harbour normally when you have a share consolidation like this one if it's 10x or 20 x then you get 20 times the price for 1p share into 20p share and the number of shares divided by 20. ie same value but when there are so many shares still in the market the sp never seems to hold up. With Harbour it was a 20 x but when you look the 1p shares were only turned into 2p shares Why? and if the market thinks they will need more money latter then it's still possible that there will need to another money raise offer, and that could be why the city wants to push this down more. It might just be a short drop and within the next few weeks the sp will bounce but who knows.
Many companies have had cash raise issues and consolidations and within a few years needed to raise more but at £3.60- £4.00 would you still buy Harbour for the first time or would you wait a little longer to see how this plays out, after all it's our own money and hard to come by.

This always happens with consolidations but the real drop hasn't happend yet but will over the next few weeks. Now what did so many say , there's no difference in value , no but it's so difficult to make up your ave again. Still see this as £2.50 ish over 6 months but I guess we will have to wait and see.

It's funny isn't it that the Germans want anyone that comes from britain to quarantine when going into EU but they are very happy to travel to us for the Wembley football match and then go back home. We should make anyone coming from the EU to do the same for 14 days.

What ever the EU says I am sure they still want to punish us for Brexit, It looks like that when Germany come out with their reasons and the French jump on the bandwagon, but we will just have to spend all our money on staycations and at least that way we will have the upper hand on all those French / Spanish holiday hotels missing our money.