Member Info for Kabaa

Winner here yesterday. I think I3 energy will do the same. Huge recovery play.

I think this will go back over the 35p placing price.

You don't easily raise £5m at 35p for a company this size for it not to be worth more.

As they say in the interview, the latest news is completely irrelevant in the big scheme of things and they have had a successful year all told.

Shorters are going to get burned on this one. Mid 20's will come pretty quick here, probably by Monday/Tuesday (if not this today!)

Croz this is not some £3-5m aim market cap lifestyle company selling dreams. They have genuine creditworthy assets and can borrow £10's of million against them if not more. They have other bigger interested parties they can do big deals with.
They genuinely do not need to dilute the shares especially at a discount after a collapse.

There are some truly awful little companies on aim with close to worthless assets. This is definitely not one of them and as they said in the interview, they have multiple currencies and have enough dosh to see them through the back end of 2020. They just raised 5 mill for goodness sake! (and about £50m this year!)

At the time of the interview market cap was £12m or 13p/share. You can expect to see double that in the coming weeks imho....

GLA and sorry to the people who sold, this was a nasty attack and nothing else. Please stop trashing the company because you sold at a loss.

This time last year we were trading around the £1.20 mark.

Massive upside still there with their assets and the recent drop is grossly overdone.

Big recovery play here. Nasty rumours will be slowly washed away and confidence will return to this over the coming weeks.

Can directors buy at the moment or are they in a closed period?

This is more of a value and recovery play here rather than waiting for news. Way oversold.

I'm not sure, at 16mins in the interview, Andrew asks "So Graham is there plenty still to play for?"

Graham responds with complete confidence and conviction "Almost all to play for.....this year resources have gone up not down...this phase is almost irrelevant in the bigger picture" (etc)

He's not worried about the company at all. He seems more worried about his investors losing money due to panic selling.

I can see this straight back to 30/40p before xmas

The company should RNS this interview considering the share price has gone down so severely this week. More investors should see this as not everyone reads the forums (not that I blame them!)

Especially due to so many different malicious rumours and different people trashing the company.

Sorry that is not a summary of the interview, more of a confirmation that this has been a victim of a massive short attack and much of the fear spread on these boards is utter nonsense!

I couldn't ask more from that interview. It puts all the nonsense rumours on these forums straight into the trash.

Remember Graham Heath owns around 7m shares. He is not going to do some shoddy bucket shop placing when the share price is so deeply undervalued. He says: There's been rumours of an emergency fundraise (smirks), that is simply not on the cards right now.''

Throughout the interview, they reiterate they have tremendous value in the assets, cash strong, supportive lenders, equity is only a backstop and not needed at all right now, the share price is completely out of sink with the value of their assets and there is still huge upside potential even from the old share price (50p)

These guys look very confident with the company and bewildered mainly by the share price. NOT the potential of the company.

They're confident they can secure further funding from lenders rather than using equity.

'They are actually in a really good position'

If you compare this interview with the hysterical rumours on these forums this weeks of 1. Instant share suspension, 2. Placing at 35p from Nov 8th getting cancelled, 3. Massive dilution rumours at 6p (lol. w@5kers!) 4. 1p coming! etc. You can see this is a hugely oversold play.

That was also filmed when the market cap was 12m, I.e. 13p.

If more people see this video, I believe we will get a huge rerate back into the 20's as suggested earlier. I'm not selling.

I wouldn't be suprised although I think it may take a week or 2.

These guys have raised 50m quid this year. They have 100's of millions of barrells of oil to go for.

How on Earth the market can panic down to 9m market cap is beyond me. Although this is usually where the start of a 10 bag is for people buying the low.

The posters suggesting utter drivel on here and BBN being a highly respected poster had me shaking my head - suggesting a placing will get cancelled 19 DAYS after the book is closed on it. People saying a placing of 2-6p coming on advfn, Others suggesting there is no oil there and it's all a scam. What a hysterical bunch! Good for people who bought the lows of today!

These people should be locked up for market abuse.

If this doesn't go back in to the 20's by the end of next week, I will eat my hat.

I have never seen so much fear mongering nonsense on any forum in 20 years.

Here and advfn. How can that many people talk such fear mongering drivel?

Now the market makers have shafted enough people at a ludicrous price, we can move back into the mid 20's on tiny buys.

I think the smart money will pick these up over the next few days.

11m market cap for the assets here is ludicrous.

I cannot believe this guy has so many blind followers.

It just shows many on these forums do not do any of their own research.

Of course they have a backup plan. Do you think WH Ireland would put out the note yesterday giving a 90p target if this was a huge risk?

He's also suggested the placing on 8th Nov at 35p 'may not happen' - Complete and utter nonsense.

The people saying he is the best thing since ever are surely not real and are aliases?

A wolf in wolfs clothing imo.

Sorry but there are clearly a string of halfwits that have sold out simply because the price has gone down. They come and write any old nonsense 1. To justify what they did was right and 2. Because they now want the share price to go down so they don't feel so bad about their loss. 3. Because many want back in cheaper.

Whatever happened to the good old day where when people sold they just naffed off and didn't hang around forever!

I agree the price has become absurd but markets operate on fear and greed, they always have. As per my post yesterday, this was just an orchestrated attack on the sp to pick up stock, just like in EUA and BUR this year and i'm sure many others.

The FCA won't do anything about this but the company will likely update the market imminently (this week) to put investors minds at rest. The share price will respond significantly to the upside on that in my humble opinion.

Occasionly an opportunity like this comes along and although extremely disappointing to holders higher up who can't buy more, they can be very rewarding to the patient investor who keeps a bit of cash by for occasions like this. AIMHO.

This simply went down on a rumour that it was a duster. A likely orchestrated short attack. The same happened on EUA a few weeks ago, sending the price collapsing to 1.9p before recovering. Again it happened on Burford Capital, sending the price to 400 before also recovering back towards 1000.

The RNS completely rejected that rumour so we had a little spike. But fear hangs around in the markets for a day or 2 before recovering. I believe we will be top of the leaderboard one or 2 days this week now we know the rumours were not true.

What really, really annoys me though, is the people who sell out on fear (after they have been ramping) - then come and tell us all this is a duster and the news is terrible. At least 3 people are doing that on here. Jadam did it on EUA a few weeks ago and does the same thing on other boards. People were doing it on Burford. Truly awful behaviour to try and snatch investors shares, playing on their fears.

Someone should create a website to name and shame the people who do this. It's the lowest thing I see on these forums and unfortunately common in these situations.

Back into the 30's by the end of the week?

They raised 5 million quid a fortnight ago at 35p. One result that isn't really even bad, does not warrant a 50% drop imo.

If this is a success, 100's of % to be made here in short order...

On the move again. A lot of L2 buying. 15% of shares traded in the first hour.

Another 250% up day coming? (joking)

I bet we do 3 digits% today though...

I said it would be on the leader board again.

This stock will be hot for weeks.

Transformational news coming in Jan