Member Info for jimbobtechstock

I'm defending myself against the crap you posted against me last week - perfectly understandable, isn't it, how when you post abuse against me I will respond. Difference is I'm not going to keep this up over many months promoting a company I'm no longer invested in. There's a difference between fighting the de-rampers and promoting the company. Simply making my point about the shameful way sentiment was controlled and destroyed on this board and putting an alternative view to the one seen here from time to time that Brett and co were somehow responsible for deliberately taking the asset out of the company. I see a perfectly logical way that each decision panned out and the BOD had their hands bound tight by the equally shameful City Machine that had decided the price of the next placing regardless of the progress made on the ground (at first) then regardless of the true value of the Bass transaction. I guess in some ways we are agreeing (or at least I'm agreeing with one of your several alter-egos) that the asset was stolen from us shareholders at the time. It's just that I see a different set of actors responsible for steeling that from us. I might be back but then that will only be if I buy back in. As I posted I'm not convinced of the gold pivot - not something I understand and one should understand how to value and monitor the progress of one's investments. I'm interested in the graphite. Happy Christmas everyone. Hope you all got good bonuses this year - though I doubt it because no-one won here. The shorters still have to close some time before RTO and the longs are all on a loss or have crystallised that loss like myself.

Well I've just added another 18k shares - in addition to the 50k more a fortnight ago I bought under 6p ahead of results. It's the lowest price I ever paid for APC shares and I can't believe the price isn't being played right now giving me a decent chance of return on this level of buying at the very least. As with any stock it's not guaranteed - but a good price to bet at IMO.

I think the colourisation/classification as grey (mid point trade) is a quirk of this website's processing rather than part of the blatant price grooming right now. The trade completed after trading system nightly shut down (5:30pm) so no data about the trade would be published till the morning even though the broker was free to enter the trade closure and price. I suspect it was an order being filled during the last couple of sessions - I'd noticed there seemed to be a price floor at 5.552p despite a string of sells, indicating they were being soaked by a buyer rather than collected by a MM. Still the broker then added a nice 10% profit margin on at least part of the shares collected for that order - by the looks of it!

Can't believe this still goes on and the MM still price with a straight face. That trade is 6% above the book ask. It's listed as an ordinary trade so every reason to believe it's just a regular order filled whilst the MM sit with the price down here to rinse out nervous investors worried they made a mistake. Yet another piece of evidence towards the games being played here IMO.

Doh! OK my gaping knowledge gap there, thanks Fred. I should have checked the basics - I note that WEST isn't even listed any more in the Ldn Stock Exch list of mnemonics so I'm guessing this website's list is outdated. So house broker is in with the pack and it's Cantor playing switcheroo with the pricing on the book the last few weeks. It's very hard to call but my gut tells me the BOD are the (relatively) honest players now. Unusual for AIM and unusual for APC given 2015 but it might take a while for the market to realise the corner has been turned. Either that or I'm wrong backing the BOD. But that doesn't explain the huge gap down on Trump getting elected - why would the MM want to use a global even like that to pull the price down here, given we've pretty much ditched our exposure to the environmental market in the US. Taking advantage of events like that to pull the price down IMO is a sign that vested interests want the price lower and the absence of any real buying pressure lets them achieve that.

Bergen converted latest batch on the 7th December but is still holding. I wouldn't put anything past these ***** including using a holdings RNS to pump the price to sell into but it is nevertheless noteworthy that they didn't sell a single share converted at 0.8p. The volume wasn't there to get rid of many but they didn't even try. I'm sure they anticipated the likely volumes when they converted, and so the fact they're holding at 0.8p makes me wonder if they see a technical floor at that price, at least in the short term?

Have Westhouse always made market here? I can't remember the pack from before I sold out last time but to have 6 MM on a thinly traded stock and 2 outside the big four who do pretty much all of AIM is a bit unusual for a £7m mcap firm...

You could be right Fred, and the funny trading of late might fit the profile of either an acquisition algorithm or an actor trying to suppress the share price during negotiation in order to strike a better takeover deal price. But at the end of the day even I, with my conspiracy theories and the rest, don't buy this right now for APC. Not least because any serious approach would have to be notified to the market and would trigger a formal bid process. It's not that I don't see the value, it's that I can't see a suitor. The likes of Farnell or Electrocomponents might see APC as small fry, what's £18m more revenue on a billion pounds? I just have this company in a box of having the profitable core business that it can still use to grow, but it's not big enough to get a large competitor interested yet too big for another small business to snaffle. Mind you at £7m as you say it's going for a song - but few would be foolish enough to believe they could acquire a large chunk at this price. I reckon the ask will spring very quickly to £10m mcap on any serious interest, with any bidder putting another 30% premium to be taken seriously gives us over 10p at least. Not good enough for those holding at 20p+ but the damage IMO has been done, massive disposals, lay-offs and write downs, and we're lucky to have (I hope) a solid core business left after that. Look at the whole Sepura debacle, like APC in terms of a bonkers acquisition nearly taking the company out, but even more bonkers, 10 times the losses and no way IMO is SEPU going to survive without the takeover. APC on the other hand will survive IMO, which is lucky because as I say I can't see right now who would bid. But I could easily be wrong - it's just a feeling.

No once they've left office just have to report to the usual thresholds for DTRs. You think someone would be interested in buying APC now? Doesn't feel like one ripe for a takeover to me, just a turnaround story that could easily see 10p back on the sp in the next year, IMO, assuming no more set backs.

Fred it's hard to be 100% sure but there is a possibility that someone is still dumping, a genuine seller - theory is the APC shares given to GC investors, now Water has gone they might be dumping. Maybe even another of the acquisitions. So the MM might just be playing cat-and-mouse with the seller, to get the shares as cheap as possible. Or they could be short themselves and this can happen I'm told if they go short expecting a placing and the placing comes at a different price to what they expected and/or the placing shares prove to be more sticky than they expect. MM know a low quality placing will be churned many times when it hits the market so they price expecting this, a high quality placing with many LTHs will not get churned. If they get it wrong they end up short. I'm a bit surprised that the 600k shares bought on Monday count for nothing and we're back in this range. This is a multiyear low so few are selling at profit in this range - it's either free shares gifted to GC and other acquired companies staff and shareholders or people are selling out at a loss. I can understand given APCs recent history why people would sell out at a loss, but for me the results are a strong beacon of hope and even if I'd resolved to get out they would have persuaded me to get back in. And the headline results have been known for more than 2 weeks so the fact the "seller" is still at it is odd. Also the 300k shares traded at mid price early afternoon might well be a buy - highly unlikely to be a sell given where the MM are at the moment. So it's a possibility the MM are working orders for people too. Frustrating times seeing the SP held back after really looks like the corner has been turned, but at the same time if the market was predictable we'd all be filthy rich by now...!

Also I note the auditors signed off the annual results fully, with no qualifying statements. A clear sign for me that there are no further issues lurking (yes I know auditors have come under scrutiny from time to time, but let's assume for a minute that not everyone in the world of finance is incompetent or corrupt..) The results contained the following assurance that cash flow projections for the next 13 months had been studied: "Management has examined going concern against a detailed profit, working capital, and cash flow forecast to December 2017, which reflects the matters discussed in the preceding paragraph but does not reflect any additional share placings, new debt facilities, nor sale of other any assets other than in the normal course of business. Based upon this review, the extension of the £6,000,000 invoice discounting facility to December 2017, extension of the loan notes to July 2018, agreement of extended payment terms with suppliers as necessary, and other prudent working capital management, the Board believes the Group will continue to be able to meet its liabilities as they fall due. " The auditor signed off on a statement saying the BOD had reviewed cash flow and believed it to be sufficient for the next year and their review "does not reflect any additional share placings," for one thing. I know enough about AIM never to be 100% certain that no fund raise is being worked, but surely APC priced like this, with the odd trading patterns noted, is a good bet because it looks like the market is betting on that placing and I for one am increasing my position betting against it.

* On Monday the MM gapped it down despite the news, in the context of APC's horrific 18 months, was actually good. The price recovered to be 10% up at one point and the trades were majority buys, 624,808 shares bought compared to 97,983 shares sold. * YET THEY DROPPED THE PRICE in to close on Monday on a 70k sell. From 6.0/.25 to 5.75/6.0 * AND NOW they drop the price again, on 48,731 sell despite this hardly making a dent into net balance of shares BOUGHT on Monday * Somebody paid 5.75p this morning for 25k shares, yet they dropped the price a fraction for the next buyer purchasing 50k at 5.73p. Deflation on the bid indicates where the MM want to take this. WHY do the MM want to get the price down here? For what purpose? I know several don't believe my "caught short" theory but this price action clearly shows where the MM want the price pegged and there's only a few reasons they actively want the SP low.

I suggested people consider the agenda behind certain people who have consistently posted negatively. I suggest this, in some cases, is not simply explained by "having a gripe at the company after losing money". Consider that most people invested would speak positively of a company, rose-tinted denial whilst not a great quality is prevalent and we all from time to time fall in love with our investments and remain so long after they've filed for divorce. Investors with a genuine gripe usually end up selling out at some point (after all why hold if you've lost confidence in the company) and, maybe after a few grumpy posts give up posting. Ex investors with a serious grudge may continue posting - but these guys should have had a grudge against the previous CEOs not Brett, who has from all my research tried his damnedest to fund this despite the stink left over from the mistakes of the past. But certain characters came here with consistently negative postings. Moreover they came here just before the time that news came out, EACH BLOODY TIME. Call that a coincidence? Or a conspiracy? You decide. Genuine investors should question the history and the motives of each and every post before they decide how to handle the information within. By claiming that derampers or shorters don't exist is deliberately misleading genuine investors into being duped that all negativity on LSE and other forums is genuinely dissatisfied PIs when I firmly believe this is not the case.

A word of advice to any private investor: ask what the motives are behind each and every post they read. Some people are motivated to come here over a prolonged period of 2 years and shout this company down at all major junctures, including the new BOD taking the reigns. At that point, when supporters of the new CEO emerged, they started talking down the asset as being bad. I don't doubt that the majority of these voices are shorters, professionals (not punters placing bets through IG's platform) and based out of Asia and/or the middle east to some extent, that's where the trail lead when I hired an investigator for a short while.

I've battled a lot of trolls and derampers over the last 5 years and they all seem to deny one thing: the existence of trolls and derampers in share trading. The people who were right made their own prophecy by shorting this into the floor so it couldn't raise its own capital. The earlier BODs made the major mistakes but then the shorters made the graphite business here fail IMO. Believe me I will prove it one day. If not here then on another share. But that's a job for my retirement.

Still got diluted because they lost their share in BSM for that cash, but not diluted in the share pool for that money and it completely de-risks against Bass Metals in order to focus solely on the new project so it was probably the right decision. Brett hasn't given in to those holding the company to ransom, which is why they were out in force even before the RNS was announced. Anyone notice that - this board quiet for months but just before news appears, each time the same characters appear to bash the company and help limit any rise. Well I agree with your 50% hypothesis and good luck to you and everyone who's staying on. The MM and any other shorters will have to get square before or soon after RTO news so you might even get a re-rate before, but as usual they'll take it to the wire until they believe it is 100% on, which is a pain, but with cash in hand the company SP will be less a consideration for the RTO IMO.

I'm a private investor so no professional trading expertise as such, just a career in science and technology backed with what I've learned about how AIM works in the last 4-5 years playing this market. I moved some of my remnants to MTFB because that seems to be at a false low due to a fiasco over Nasdaq IPO. I think they got played by brokers and it now offers reasonable upside potential (see analyst note from yesterday) with limited down side - but then I thought that of STGR at 3.25p and now look where we are. I think that might move in the next few weeks to correct (accounting for dilution too) but as I said it's all a hunch. APC is another company I recently re-invested in, it has had a horrific 18 months but it should be at or close to bottom now and the recent results indicate it should be in recovery but there's a small risk one more placing might be needed to complete the restructuring depending on how sales go in the next 2-3 quarters so it might not move up for a while until confidence in the balance sheet is restored so might be worth waiting a while before ploughing in. CPX is also in my portfolio and has been for some time now. Currently sitting quite a way off 52-wk low so if I was coming at it today I might be worried it could drop back some, but is from what I can tell a relatively sound company but not yet in profit. BOD statement this month puts a big automotive contract a possibility in the next few months, I'm sure it will fly if it wins that and should be OK without it, but at today's price as I said I might want to take a bit of time to consider it. That's a selection from my own PF, I can't advise you other than to explain what I did and why. Have you considered leaving it here to see what comes of the RTO? I had very specific requirements, a strategy in mind and quite a bit more than £150 left over so I felt the risk/reward coupled with my understanding of gold meant I decided to call time. Doesn't mean I'm right though - I might now miss out on a good rise here and lose elsewhere. That's the game.. And I do remain genuinely impressed with Brett, he seems sincere and capable and I do wish all LTHs the best - genuinely - going forwards. Sure I'll kick myself a little but will also be pleased to see a rise here especially if it burns a few bears in the process.

I always did have the bulk of my investment money elsewhere, it's just that I have a reasonable portfolio. I'm gutted the shorters have my money but at the same time I've had very good returns off a few turnaround shares in oil, renewables and technology (where my expertise lies). I'm going to end this year on a par and I have to invest in my zone of expertise and other comfort zone. I simply don't want exposure to gold at an unknown state. I already have money spread across a few cash shells I bought in very cheap in the hopes that one might be high risk high reward. My money here was underpinned by the BSM deal. Now it isn't.

HONEST WITH MY FELLOW POSTERS? YOU CRETIN. ***READ*** WHAT I POSTED ON 5th DECEMBER : 'The investment case though, in shifting away from Graphite, has changed fundamentally for me. Still an interesting time but I'm viewing this in a different light now as I had firmly believed we would be focused on developing the JV mine, not floating that as a separate entity." HONEST ENOUGH FOR YOU???

Point 4 should be I think they did make mistakes but made them for the right reasons. Point 6 I missed part of my sentence off: "My mistake was believing that the asset and the team *would be enough* to turn this around". I genuinely had a very firmly held belief that Stratmin was a turnaround play last summer and I often posted as much. The team and asset alone weren't enough because the finance was missing. We didn't get the finance due to the shorts and deramps. The concentrator plant was in a worse state than even the BOD let on. I could go one.