Member Info for KiJaHu

It's absolutely a P&D, as you've mentioned margins are awful, I've had this on my watch list and thought it was way too rich at 3.5p, chess is obviously very popular at the minute and that's why I was keeping an eye on it but financially the mcap is a joke, can see this crashing massively

I can't see waste being mentioned, yield is low, and the doubling is 4 weeks of production in comparison to the previous 5 months which was affected by the lack of working furnaces, feels like a bit of a damage control RNS before what would have been a hostile AGM, hopefully the yield improves and waste declines in line with product increases, that's the real profit making potential

Does anyone have a positive case for this going back to 2p? Or is this now in terminal decline and destined for the bin with the massive increases in research costs, scrappage, decrease in margin due to sub-contracting and the inability scale production? I did have a large investment in this and have switched off, should have sold out ages ago

Loads of little buys the past few days has given the share price a slight rise...for a massive 62k sell goes thru a few days before TU?

Does Glengarth ever post on this board anymore? Would be interested if he's still invested as I sold out a long time ago here during its heady £1+ days and I've always kept an eye on it, it's such a compelling company in some ways as most graphite producers are many times bigger than this mkt cap wise and equally as speculative, that RNS is a stinker though, really poor sales figures

ha, glad to see you're full of ****, gone from 'its a copper play from the get go' to gold and copper and yeah, they applied for a rare earth license. utter chancer, blocked

'east star resources plc (lse:est), the kazakhstan-focused gold, copper and now rare earths explorer' from 2022, that was literally why they applied for the license for the iac ffs, care to explain why the company would describe themselves as that please or are you talking out your ****?

Agreed, I think if you've got some belief in it then it's a no brainer. So many of these exploration companies fold, just didn't expect it to rise like it has, hopefully it keeps it up in the coming months

I bought in least year at 4.9p and watched it crater. Still massively underwater, I know there's no such thing as timing the market but I'm starting to realise that buying individual stocks requires a lot of luck on that front. I'll be lucky to break even here, didn't dare avg down as I had no confidence in it with the bad dig results and the change from rare earth's to copper

christ this share is an absolute stinker, i knew i should have sold out on the first rns of bgf accumulating shares, given the buying volume it was barely holding the 70s, they were clearly holding it up. absolutely ****ed with an avg buy in at the mid 80s, how the **** this ever did over 200p in a high interest/inflation environment boggles my mind

Is ASOS going into administration? Looks like it

It tanks until positive earnings or TO, it's that simple, I've never known a company to hurt themselves this badly, roll on September.

Is ingenuity worth a billion or hundreds of millions? Wtf is going on, so much misinformation

There's a massive disconnect between what the market values this business and what the 'board' does. And somewhere in the middle is financials which cannot be ignored by either party. It's a really bad day all round whichever way you look at it, fully expect this to land in the 30s by year end.

It's behind a paywall, are you able to paste it?

How is that Bloomberg report 'intelligence'? What have they said that we didn't know yesterday? Apollo have half a trillion dollars worth of assets under management, I think they're very aware of the value of the business and it's projected growth, they're also very aware of the makeup of the boardroom and the rejection of last year's offers would mean they would have to go in with an improved bid or terms, I don't get it.

Today's drop had nowt to do with article in my opinion, something is brewing in the background, really felt like Apollo were walking away. I don't think there would be any other interested parties here either.

Definitely, 87p to trade on T212

Someone 100% knows, that is a massive dip that, it looked like it had a base in the mid teens

I just can't see a 2.55 a share figure, they've overpaid for acquisitions and they still don't turn a profit. I'm still invested here but I just don't understand Apollo's angle, they've already got a bid going for Wood, they have the previous bids from 12 months ago as a baseline, I just can't wrap my head around why they'd even come forward, I mean how 'highly preliminary ' is highly preliminary? Why bother getting ex bosses of major health and beauty brands on board? What is their purpose in all of this? Is it just smoke and mirrors and if it is, why?

They massively overpaid, I don't understand how you're not getting that. There's literally 1000s of examples from the bull run in 2021 where that's the case, check any NASDAQ comp that had loads of PR behind it like DKNGS or BYND and they're 80-90% down from highs. In a balanced, risk managed portfolio you're going to get winners and losers, to get half of your investment back would be a job well done if you paid the £5+ at IPO.