The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
My favourite part of the day sat on the train t work reading yesterdays carp. A post like below just hits the spot. About enough money to pay wages until they raise again with the tantalising 'potential drill'..
coro trp copl just garbage aim stocks of many. Raised 100s millions delivered nothing, zilch.
"From £4m Mcap it’s a no brainer. They have £2.5m cash in bank as well"
He'll be out safely after the pump. Everything he ramps collapses like UJO. People desperate today selling under the bid price. They'll run out of cash soon I suspect. All these pumpers are the same pick a low cap AIM stock linked to oil then tantalise private investors with a potential drill. That dumb they don't realise a succesful well drill is abut $25m. Suckers!
Vol now pitiful. They'll have to take this to the 30s to try and get rid of the billions of excess shares. More AIM garbage. TRP been around for years milking private investors. Biggest mistake is they haven't changed their name in all this time to try and trick new investors, skoolboy error!
Balochistan was just used as 'the pump'. You wouldn't do business in Pstan if you had an eighth of a brain. That's why it is a poor country and with no oil! Coro really is one of the worst AIM stocks and that is some fete! Gravy train company, avoid!
EOA was pumping another oil horror one like this (TRP) that has just fallen 55%!
These absolute dog oil stocks have to be avoided like the plague if you want to stay afloat in this market. CORO hardly worth anything, it is class A junk like TRP. Just listed to feed directors salaries.
At least 2 PE have looked and spewed it. Speaks vol of what they think about the books and the business. No one wants it! Real value much lower of course if anything. Crowded markets, nothing special about their products.. Just a box shifter then..
Every buy is also a sell but don't educate the dumb here for free. Said for a long time this is ridiculously overvalued because of covid stock hype. More realistic is 5-8p range. Someone is def dumping here. pe about 80 and thats with a good year for contracts wait for quiet year...........
People are buying oil shares thinking oil is going up but a big US meltdown will push oil towards $40 and worldwide meltdown panic. Will be able to buy ENQ for tuppence a share then as the balance sheet gets smashed. The smart institutions know that and that's why they are selling not buying.
Sub 10p coming soon I think with sub $55 oil.
not all the govs fault. Potential worldwide collapse ahead and even OPEC can't stop the fall. Come back here at thrpence when oils is under $40 again. It will happen I think. Question is can ENQ and the likes last another downturn in POO?
Declared slight short position tlw and enq
Down Moniman because the valuation of the business is absurd in this day and age. Can find better value in the ftse100 and the market sure knows these won't grow at 30% annually for ever. They need to be banging out 8-10m pound profits per year to justify this price, crazy! Banks oilers on single digit pe's with huge dividends. Go figure.
house broker +
just lololol.
keep pushing guys!
A business that has just wrote off 3 divisions that many on here claimed were going to be spin offs!! and some claiming is still a good investment. Omg so funny.