Member Info for leapfrog

I like to hear of Pis making profits ~ The results were very good,possible the sp may slip back a little depending on Mkt sentiment ~ the sp fell from 280p to 102p so there may be some leg left for the sp to climb nearer the next trading information RNS in the meantime a close watch on the sp it may of course just continue to climb !

Did not see your post `Mr Base we agree~ Sp is some 60% down from the running average which when the situation is clarified will allow the sp the freedom to move rapidly ahead meanwhile it should recover to the late 80s/90s especially with the tight free float as the fundamentals are good otherwise the II's would have bailed.

Not sure about how up to date the following information about II's is~ If it is added up then it can be seen free float is about a third of the SII which means any good news will move the sp into a dog trot. Notifier** Holding Value* Legal and General Investments 23,573,653 £17,798,108 Kestrel Partners LLP 11,715,370 £8,845,104 Henderson Global Investors Limited 10,854,245 £8,194,955 Coltrane Master Fund LP 9,712,277 £7,332,769 Liontrust Investment Partners LLP 8,883,185 £6,706,805 Blackrock Investment Management 8,343,667 £6,299,469 Slater Investments Ltd 8,004,000 £6,043,020 MXC Capital 7,659,316 £5,782,784 River and Mercantile Asset Management LLP 7,594,050 £5,733,508 Slater Investments Ltd 6,540,000 £4,937,700

Reasonable number of shares in issue~reasonable RNS but the sp has fallen like a stone in 6 days due to trumps stance on Mexico which will affect trade etc.,~despite the business model so keeping it on my watch ~ may go short for a few days, if tomorrow the fall looks continues.If the flu continues at todays rate their may be the slim chance of a DCB.

I note the Bot trade comments I think you will find the type you'r referring to is now illegal.If memory serves there was a major court case a year or two ago over purposeful manipulation

Some PIs are cautious and probably set targets so buying 400 shares for under £300 with a target value of say £430 around £110 net is a lot of money to some people. Me I am very lucky to be able to deal as I please~prefer dealing in the X 10000 for sub £1.00 stocks as it's an easy if lazy calculation to say £100 per penny to profit or loss !

Changed my mind about the sp movement to the downside as the sp consensus was proving me wrong despite logical thinking~ The 4.5p dividend was also influencing factor~so I bought in on Monday now keeping a close eye on the sp for short term profits as it is shaping up nicely as a trading share.

Went in at 155p and came out at 183.4 a short term profit of circa 29p ps.If the sp falls back towards the upper 160's then I shall be back in~ Consider this a trading share with circa a 1000 trades so far today. I deal in and out of SHAW in the same fashion. Both have a small number of shares in issue although sufficient to have good liquidity Bear in mind Credit Suisse recently down graded both stocks~Aldermore and Showbrook are exposed to non-property SME lending - around 24% and 28% of first-half group loans respectively - "which we expect to be more sensitive to a deterioration in the macro economic environment"

All the RNS indicates ~ in essence a completely unexpected long standing shortfall ~hence sp fail~so a serious problem with accounts which goes back several years ~means they may have to be restated~ so more to come out as the A/Cs will be much lower than any one thinks~ due to coming negative year on year corrections. When "incorrect a/c's" are declared those associated with the company have to think why they were set up incorrectly in the first place,what was it hiding??Then on going business will suffer until things are sorted and the full picture is known~ Expecting it to halve as the news gets out and around. So good luck to all those thinking of buying in tomorrow or holding in for a Dead Cat Bounce it won't happen.Some might make a good guess what the next RNS will be saying so still on watch list. But then I could be totally wrong ? We will see as we watch what happens.

Saw this had a serious sp fall ~ read through it ~So now thinking there is usually more to come~not a pretty picture. Add Scorpionwingers information assuming it is reasonably accurate so leaving it alone for the moment Well worth watching as only 147 mill.,SII . No idea what the free float is?

The number of deals done today is around the 500~ so I prefer to think of it as a trading shares with Swings in the sp according to Footsie and market sentiment.In my view make it an excellent trading share ~exited 244p+ this morning ahead of my circa 250p target For a 20p ps profit. Now waiting for a fall to the low 200's to go in yet again.

That was an excellent RNS especially as taking on the over 50's market~ Originally invested here and sold at a handsome profit so have waded in again at 224.4p The footsie is down and this is up~ so I would like to see in excess of 250p

The spread is so wide because the BOD acting in concert hold 61% of the SII therefore the free float is just over 22million shares makes for lack of liquidity and high volatility by they do pay dividends.

It is trading in full but had a name change so can be found under GEO.

vxrandall Posts: 2,956 Off Topic Opinion: No Opinion Price: 0.09 RE: I told you all...5 Oct '16Experienced and educated in what? Spouting a never-ending flow of BS in order to indirectly fill own pockets with cash from the people they seek to mislead? VXR previously posted this in reference to another share~i've got some here at a low enough average to be happy with current SP but i'm not kidding myself and i'm not trying to kid others that this is the next 'wheel' or 'sliced bread'. And he says he is policing the shares as well so no one makes a profit~! You could not make it up. He is misleading yet again. Note the arrogant I told you all~LOL VX Don't stop posting ~ this time a good example of not only being a hypocrite but an arrogant one as well~ is that how you show children to behave?

I think we will get a resources update RNS in some weeks time:~ I trust it will not be followed by a fund raising event as they appear to funded through to at least Q1 2017. Apart from the resource update it would be good to see some form of development plan put forward. Meanwhile in a way the sp is supported by the few shares in issue and becomes a real bargain if the sp falls away through lack of news.

A new mining company that has so far produced nil, it has extensive Copper Gold and silver declared resources So we wait and see how they are going to deal with them. Old news is old news and intelligent investors should be able to determine a viewpoint for investment.Blaming the company for past failure of the sp is a waste of effort we are in the here and now not the past. In my view it is an LTH situation as with most junior mining companies.The limited number of shares in issue will at some point be diluted for money raising. Although for some reason I am not sure if that will happen as with the resources available a JV might be on the cards.

When he MFX took on the loan portfolios I remember saying in view of the then current bad press they would be seen as toxic,if that is now the case there is more bad news to come. No guarantees would have been a due diligence failure. Australians are miners and cricket players not bankers.

I think sp is just responding to the ftsie and traders stepping in and out ~ I had a brief look at the numbers and at a guess easily a 1000 trades plus perhaps up to 3000 trades for yesterday in broad terms` traders do not usually get involved unless there is perceived value. From brief direct research the company ensures its product offering is up to date and delivered with alacrity

Stop losses are a most useful tool although many disagree using the argument " they may recover' etc., sentiment has no place in business especially when dealing.