Member Info for Krustysmegma

is what this is. I can't believe that Mr. Brown is going to survive this mess. Surely someone has to carry the can? The whole premise on which the mine development (& subsequent loss of revenues for 2+ years) was based appears to have been fatally flawed. New business model to reflect lower income? How does that work?? Where will us "ordinary" shareholders figure when they come to dilute the shares once again? Glad you got out with a profit Copland, although as a Kopane holder I have no idea how you did it! I sold some for 58.15 in November 2016 (should have sold the ******* lot) & bought back at 44.5 thinking the worst was over (based on what we were being told about mine viability at the time) - more fool me! Anyway, this now looks like a write-off, I can't see any way they can get a placing away without totally destroying existing shareholder value. Another expensive AIM lesson. Krusty

After so many false dawns, could this finally be the key to unlocking the true value in Fruitflow?

Possibly the worst RNS I've seen in 21 years investing in shares. Very poor excuse for not achieving current year's target, & nothing to explain how future years will be improved by removing high-level rock. Here's a suggestion guys - leave the rock where it is & achieve the original target! I can't imagine the reaction of major investors who have paid for the new plant. Sad to see you sell after all these years copland although no-one could blame you, hope you'll continue to monitor the board & chip in occasionally. Bad day all round - get your act together Mr. Brown or ship out.

Perfect timing, confirms the very recent broker acknowledgement of their probable existence, as well as the Company's own long-held belief. One or two more over the next 3-6 months would cause another re-rating for sure.

Well it's not the former (see TRP, VOG, HAWK, KDNC (REM) amongst others...) & I hope there's still a bit of life left in the old dog yet. Perhaps it's because I could have sold for c£22 at the height of the dotcom bubble & paid off my mortgage. Nearly 20 years later they're still only 1/3 of that price & I'm still paying the 'king mortgage (embarrassed emoji). Still, we live in hope & I still think this is a very, very good share.

Thanks Tanelorn, that's a very helpful summary of the call (I wasn't able to attend).

I agree pickled. They said he destroyed shareholder value but I seem to recall one shareholder sold a ****load at 8p & paid off their mortgage in Windsor so he wasn't bad news for everyone was he?? LOLOLOLOL

Unbroken $1m stone from, basically, the spoil heap - that's not bad is it? I don't think the market will revalue this now until the ramp-up is completed & full production from the main pit commences. Once that's announced, and assuming the expected ct recovery rate, we should see another nice steady rise IMHO. I'd like to see the sp close to £1 this time next year - anyone else got any thoughts on likely sp going forward?

"Five income shares for a low interest rate world", Hargreaves Lansdown. "Security of future revenues is one of the main attractions of real estate investment trust Tritax. The group leases out those vast, looming warehouses adjacent to the UK’s motorways, which play crucial roles for the retail giants that rent them out. The shares currently offer a prospective yield of 4.5%. Retailers’ distribution networks are built around these facilities, which often act as regional logistical hubs. With online sales on the rise, these facilities are invaluable to many. Some retailers have even negotiated new arrangements early to ensure that they don’t lose the lease in the future. Electing to move elsewhere can prove costly, after all the investment that goes into the whirring high-spec equipment that makes the centres run at top efficiency can be significant. As a result, the group clearly has the upper hand when negotiating terms. Upwards only rental reviews are often a feature of Tritax’s agreements. The group’s portfolio of 35 sites is worth around £1.9bn and has an average unexpired lease term of just over 16 years. With a REIT legally obliged to distribute 90% of its profits, we feel that it makes for an attractive income play." Seems everyone fancies this, might be time to have a little dabble. Krusty

No-one seems to have picked up that this was tipped by Ian Kavanagh, investment manager at Hargreave Hale, in The Sunday Times on 15th Jan: "This trust invests in huge logistics buildings (from 500,000 sq ft to 1m sq ft) that are let out to blue-chip companies - particularly those involved in retail. This is a high-growth area, with supply limited by planning and infrastructure constraints. This will help drive some capital growth in addition to the healthy 5% dividend yield. The top holdings include a 920,000 sq ft Morrisons warehouse in Kent and a 550,000 sq ft Amazon warehouse in Peterborough. The trust's annual charge is 0.5%" Sounds impressive - worth a try?

Market seems to agree this is all positive news. As one of the long-term (ex KDD) holders I completely agree with the comments about a 2-year minimum timescale, but the market will have factored in future earnings potential well before that, so don't wait that long if you're thinking of investing /adding as we could see a steady rise from this point.

Coms featured in Daily Mail Stock Watch article on Friday, may provoke some interest in the company & the share: www.pressreader.com/uk/daily-mail/20160527/283192967610655 BW. Krusty

I know there's a lot of guff written on these boards but this one seems to attract more than its fair share. I'm 90% down on my TRP investment, which was 5 figures, don't expect I'll ever recover what I invested, but I knew the risks when I bought them. If you look at the director's deals above, you'll see that Jeremy Asher has bought over 451 million shares, looking back at the price he's paid in the placings (have a look yourself, it's in the RNS's) he must be well into the pennies average, so I invested in the knowledge that if I lost thousands, the board lost millions. So it has transpired - it's the nature of an oil exploration company. The same people who now moan about the BOD did this & that, would have been claiming what brilliant investors THEY were if the black stuff had been there. So moan all you like, invest your money in a savings account next time, because if you can't stand the heat, you really shouldn't be in the kitchen. Me, I'll be hoping the BODs strategy of reducing future risk by diversifying in areas with known reserves pays off, then I might look at buying a whole lot more. GLA

... nice to see 35p paid today, slow & steady as she goes. Another couple of 10,000 buys, still not really enough to think it can keep going but fingers crossed, who knows, we'll keep this one to ourselves for the time being! GLA

Margaret River, one of my favourite wine producing areas of the world. Very envious of your adventure down under. Apols to others for off-topic stuff, will get back to share talk next post.

Ha ha, glad it made you laugh! I put it down to learning on the job! I never invest what I can't afford to lose, & I've been very lucky with one or two others that have kept me out of the mire! I keep reading on different BBs that "the Board" is useless & how they've taken a gamble with our money, the same people who would have claimed to be investment guru's if things had worked out differently. The way I see it, it's a bit like riding the TT circuit. Those lads know the risks before they climb on their bikes, & the course is littered with the ghosts of former competitors who got it wrong. So it is with stock market investments, particularly on the AIM. Get it right though, and it's the most exhilarating ride imaginable - so they tell me anyway!

I thought BK11 had been put into care & maintenance when the diamond price dropped & it became uneconomical to continue? May be wrong. Either way it's no longer core to the operation & I would imagine the Board will look to dispose of it when the diamond price has recovered a bit. Oh, & if we're talking about mistakes, mine include CTT (went bust), VOG, PXS, TRP... I could go on...

Thanks for that Spaceman, yes it helps remind me why I invested in KDD in the first place! There was quite a bit of excitement when they were selling the coloured stones, but even then they suspected some of them were larger stones that had been broken so massively reduced the overall value. I think if we continue to get positive updates as far as the project running to time and on budget we should see a little more interest. That's what I'm hoping for anyway. GL. Krusty

Well, if you look at the share charts at the top of the page, you'll see that our share price 4-5 years ago was about the same as it is now. However, as we've had a 1 for 10 dilution, effectively this has lost 90% of its value in that time. Accepting that the diamond price has drifted a bit since then, essentially the value of the stones in the ground is the same now as it was then. I suspect a few speculators have set a reminder around 12 months ahead of when production is due to start on the production plant, in the hope they will be getting in at or near the bottom. The rise has been largely under the radar thus far & I for one hope that continues, but if it is to be sustained and even, possibly, accelerate, it'll need more than the two or three 10,000 share buys a day we've seen in the past couple of weeks. I have to say this has surprised me a bit, I hadn't anticipated any kind of rise until we got closer to revenue generation, perhaps that's why I'm sitting on losses for so many of my AIM shares - timing is everything! By the look of the ages of some on here it looks like I might be waiting a few years yet before I can afford to retire!! Thanks guys, enjoyed reading the recent posts, hadn't expected anyone else was still reading this BB. GL with all your investments. Krusty

Not sure what the fuss is about, the rise happened yesterday - check the trades (see above). This closed at 21.5 but for some reason is shown on here as closing at 19. Other sites are showing this as down 2.38% today, which is correct. No doubt it will right itself on here before the close.