Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Kelvin - no worries. You can only act upon what is right for YOU. Always do your own research and try not to get too influenced by what anybody tells you in life because ultimately you are the master and designer of your own future. In fact, the reason why some people find themselves stuck between a rock and a hard place here at SOU is because they acted upon what others told them and failed to do their own research, mainly out of laziness, greed and looking for a short cut in life. There is no short cut in life and there is no substitute for hard work and honest living. I am turning 47 in a few weeks time and so I have been around the block a few times. Good luck.
Kelvin,
I'd sell-up and use the profit to buy you ten tins of spam. Maybe I'm being somewhat biased though?
Last of the big spenders then? You are asking a question to people who are over £250k down on their investments to put it into some sort of perspective. I'm not sure your question is well timed or dare I say, tasteful.
Jizzy
Trellis,
As an addendum to your message, I would also suggest that if any SOU investor is having suicidal thoughts, to make contact with the SAG or to join it if they haven't already done so. Knowing that you are not alone about how you feel and that there are plenty of others who have also lost a lot of money and are also learning to deal with their financial loss may bring you some comfort. Hence may bring you some comfort. You are probably best advised to seek professional help or advice though as SAG can't be held responsible for an individual's health - whether that be physical, mental or spiritual.
Not entirely true. MYSQ shot-up 700% after I recommended STZ put his money into it. We both agreed when he was going to put his money into it, but he decided to hold fire for 2 weeks and in doing so, missed most of that 700% rise. After he put his money in, his paper profit had grown by almost £8,000 and he was showing me pictures of an Audi he had seen on Ebay that he was thinking of getting. Next minute.....and it was literally a minute later.....there was a nasty RNS that caused the share price to crash and he as well as I did jumped ship to save our investments. The share price never recovered after that and it was on a downwards trajectory. Had STZ put the money into MYSQ when we both agreed, then he would be telling you a very different story and he wouldn't have had to go down the Call Centre.
There's opportunities all the time on AIM though and if you're fortunate enough to get into a share early before the herd arrives and the news flow starts to trickle through etc then you can make a lot of dosh. That's why I will never buy a share after it has had a substantial rise because the herd have already soiled it. I try and search out shares that have potential to do well and have decent assets. I have a few stocks in mind, which I will probably chuck in a few grand in the hope that it makes me a decent enough return.
If SOU delists off AIM due to it becoming just a shell company, then PI's won't have a say. The same happened at MYSQ. They delisted and PI's were left with NOTHING. The money from any deal, assuming there is to be one will go to MF and the remaining BOD and Parsons before they trot off in the general direction of their other ventures. They don't care about you lot. Not after some of the nasty things some of you have said about them. You are least of their worries. The SAG hasn't done anything to strengthen the relationship between the humble PI and the SOU BOD either (sorry Trellis). I can't see them paying PI's annual / biannual dividends or any dividends for that matter.
Let's see who is right and who is wrong then, shall we? I'll be back on Feb 14th, National Impotence Day to see if any progress has been made. My guess is that there will be no news of a deal and just more radio silence and smoke screens.
This is where SoundNewCo will suddenly become relevant. SoundNewCo….remember that anybody? It is registered as a UK Limited company. The company who are purported to be doing a deal with us is a UK Limited Company. I'm not saying they are linked and probably aren't, but any remaining asset that SOU has will be gathered together and placed into this SoundNewCo and will then become a shell company. What that means for PI's is yet to be determined. Maybe because they will be Ltd and most probably delisted off AIM, PI's won't have much of a say if at all. That's the bit that scares me.
My messages aren't designed to garner popularity. They are designed to try and get to the bottom of what actually is happening behind closed doors at SOU. There is only one PI that is actively going after answers and it's Trellis. The very man who you and others mocked, PS200306. On Friday, your paper loss fell by another circa £10.5k as the price fell 0.29p. You reminded us all that for every tenth of a penny the price goes up, you make £3.5k. Well, the opposite means that you in fact lose £3.5k. And so who has the moral high ground? Somebody who has recouped their losses incurred by "investing" here, or somebody who is still way down on their initial investment and continues to endure huge paper losses some days?
You have become a parody of yourself, PS200306. You are the new Shaungreen with your dodgy predictions and wonky abacus. Even the most earnest troll is lost for words about some of the things you say on here.
Isn't it ironic that the Exploration guy is leaving 2 months before the former CEO?! The writing is already on the wall and some of you STILL can't see what is staring at you straight in the eyes. Shameful.
And furthermore, should we all be lucky enough to survive the Coronavirus, this is what I foresee happening should there be "no deal."
The facts remain: JJ has left and he was the Finance guy. The outgoing CEO is leaving on May 12th but not before he has his severance payment. Your Exploration guy is leaving end of March in a whirlwind of dust and with a load of shares that were thrown at him that he didn't really want. It was Hobson's choice. The only guy that is hanging around is the very one who is owed money. What does that tell you? Seghiri is just a pawn, aimed at diverting attention away from Parsons and to create the illusion that there will still be a functioning company going forward. I personally can't see there being much of a future, but as always, happy to stand corrected.
The share price will undergo dilution after dilution, so long as Marco's investment is paid back. The share will even be consolidated to allow for more and more shares to be dumped onto the market and then the pattern will repeat itself until money bags have been filled.
I see that Malcy is still talking up SOU despite his so many wrong predictions to date. The best thing he can do is not to mentioned SOU if you ask me. He claims to have 30-40 years of experience in the O&G industry, but he ought to know that when the damage has been done at certain companies, to disassociate yourself with them in order to retain your professional dignity. So many people have lost money and had their lives badly effected by there being no LE.
You can turn it on its head and ask why if there is a deal, are they electing to not inform the market until the February 14th deadline has passed? In other words. if a deal has been penned, they equally should have informed the market by now, right? That is why my belief is that a deal is not yet forthcoming, or at the very least, needs more time to flesh-out. I suspect that punters won't be too fussed about waiting a little longer, but only if there is a deal that is going to happen. More radio silence, dither and delay without coming clean will only go to further damage the share price IMHO.
There is of course a bigger threat to the share price than a "no deal" scenario and that is the Coronavirus. Every time I switch on the news, the death count has increased and the virus has been contracted in yet another country, or a different region of the same country, which includes the UK. I was out shopping for a new phone yesterday and people were going about their business wearing face masks. Only 2 weeks ago, nobody was paying any notice to the threat of the virus. In 3-6 weeks from now, I reckon it's going to get so bad that people will begin to take their money out of the various stock markets and shove it back in the bank as stock markets crash around the world, mainly driven by the slowdown of the Chinese economy. It's a ticking time bomb, boys and girls. A ticking time bomb that people aren't paying serious attention to. Failing this, stock markets around the world will close and all trading will be temporarily suspended while our primitive scientists attempt to discover a working vaccine for the virus, by which time it would have already mutated at least once. Can you believe that it is not being fast tracked because of human greed and money? Money is still more important than the human species' survival, so it seems and is the reason why I have little time for humankind. The weather isn't helping my mood today either. On the eve of me starting my new job, a ruddy storm decides to rear its ugly head. Cheers.
KTF - why should LSE Admin' delete your message? It has some context when we look at how many shares SOU has on its register. I suspect they will want to reduce the number of shares in circulation, which in-turn will allow them to do plenty of equity raises until, as you say, they do another share consolidation. This is AIM and PI's get the scraps to fight over.
It's funny you say that, KTF because IMHO the same applies here at SOU!! Hahahaha, maybe it was your inner conscience that was telling you what you really believe? I have already predicted share consolidation here and at least another equity raise, but then again you lot always leave it to me to make the predictions because you are just too scared to admit what I say holds some potential truth.