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The good news: with the recent dip the RSI has dropped from above 80 to below 70 (indicated we're no longer overbought). The other good news: the dip has bottomed out now I reckon so hold if you're here already or make the most of this opportunity before we leave the 80s again.

Jolly, I hope you had a great weekend too mate :) I know I'm late replying to you there but felt I ought to say something because I felt rude not to, especially after the offer of free lunch! Best, Dan

Rob, I’m not very good at taking compliments but thank you very much for your kind words but I don’t think I’m that good an investor really. I feel like my approach is right but I still have tons to learn about fundamental analysis let alone technical analysis. I have a long way to go and, tbh, I have not been learning much lately because I don’t have the time unfortunately! All I do is look at shares from a basic fundamental analysis point of view (looking at EV/EBIT mostly which of course filters out any unprofitable companies) then, if I like it, I do some proper research to find something to justify what looks like a low valuation based on the fundamentals. If I am unable to find something or conclude the pros massively outweigh the cons then I’m likely to invest or, in my case, want to invest and slowly watch the opportunity disappear haha! What I am getting at is that there are far more savvy investors on lse than myself and, on the whole, I just try my best to learn from them at the moment. So basically I’m doing what you’re doing but with far less of the class, charm, and charisma that you bring to every bb you grace. You said the decorum was here before you arrived but, before you arrived, Bambos and I were the only ones here and we got grated on each other a bit because he was too optimistic / slightly rampish in my opinion, and I got the impression he thought I was too pessimistic / slightly derampish (apologies bambos if I have been mistaken!). And then you arrived with your natural politeness, sophistication, and respect in a way that has influenced the posts on this bb for the better. You definitely deserve the credit for that. Re: SEE – I like the look of it and would probably invest if I had some spare cash. I know jolly is a big fan of that share too, and he really does know what he’s doing so well done for spotting it yourself! Re: SNTY and CFHL, I’ll give those a look later today. You’re SINC sank story made me chuckle! I wish Mobile Streams had a better ticker so that I could make a similar play on words with it better than I missed the mark with MOS! Re: MOS, that’s kind of you to say that MOS’s fall was unforeseeable but actually the devaluation of the peso was no secret. No one spotted it (not on the bb, el1te’s articles didn’t, institutional investor missed it, etc) but the information was out there for us to consume and yet I missed it. My confidence was shaken from the experience but I’ve learnt from it. MOS will be okay, it will recover because all the huge strengths it had before are still there – even if the investor communications are so poor that they seem hidden. It’s just going to take time. Hope you had a great weekend, Dan

I was still planing on researching RDG based on jolly and legobrickgirl's bullishness here and now look at it. What a shame! Hope you weren't burnt too badly. I experienced a huge loss (worse than this) at MOS recently so I know what it's like. You just have to pick yourself up and carry on. GLA

That'd be the case if I sold and I have no intention to sell either yet! And, besides, you've made more money here than I have and I know you're doing fantastic elsewhere (e.g. at MWE) so don't be stingey with me haha!

As usual I'm totally out of funds mate so no I haven't. But I really do like the look of MLIN so I intend to do further research. I really want to get to the bottom of the recent downtrend because, from what I can tell, there's no reason for it seeing as the fundamentals are v good and the news flow has been positive.

The RSI was at 80 yesterday and so well into the over bought territory (based on technical analysis) so I expected there to be a bit of a share price fall. All in all it'll lower than RSI back to normal levels and then we can go again from a much higher consolidation point than a fortnight ago!

Jolly, I’m more than happy to join you in the sun. I’d love that. But only if you pay for me to get there! Kind regards, Dan

El1te, Thank you :D I sympthise with how you’re feeling re: SYQ but don’t add it to the missed opportunities just yet. The RSI is in overbought territory so there will be an opportunity to buy on a dip soon and a 150p rise would still be a great return! I have the utmost respect for you and what you do. I started trading mid-October when you published your first Bushveld review and, as a result of that, you have helped shape my investment approach. Thanks for all the research you do into companies, thanks for sharing your thoughts with everyone, and – most importantly – how you came to the conclusions you make. Good luck in the future, El1te. I want to say that especially because, chances are, I’ll have invested in some of the shares you’re in too! Kind regards, Dan PS – great decision to double up on Bushveld the other day!!!

Rhaegar, After my MOS horror story I needed one of my other well-researched investments to pay off soon before I lost all hope in investing, so I’m very pleased too! And I totally agree that this bb is ever so polite, and I 100% credit lovely Mr Rob229 for that!

Rob, If only! As a young guy I don’t have much money to play with in the first place so you have almost certainly made more profit here than I have. Especially considering you bought in at a lower price. I was actually eating in London last night. But at a very cheap Thai restaurant. Not the Savoy! re: SOLG – I’m no mining expert, I largely avoid mining shares so I have no opinion there. Sorry mate. Kind regards, Dan

2 more things: 1) I'm glad you only top sliced because this will be 100p + with a bit of patience. 2) Check out my posts on the Vipera bb

Jolly, I'm glad you were able to profit out of my good advice. You can also expect an invoice shortly! Just kidding - instead could you do me a favour and give me your thoughts on MLIN?

Rob, Thank you ever so much for thanking me / crediting you with the profit you’ve made. An invoice will be with you shortly ;) MOS has had a good day but the rise has already been slipping away, which I am a bit disappointed about. Although, on the other hand, there’s been such investor shock there maybe I shouldn’t have expected much anyway. I honestly cannot believe BMN almost touched 4p recently but I’ve been encouraged by a decent bounce since then. BMN may fluctuate over the coming weeks but, all in all, I’m confident it will multibag. I remain incredibly confident of my investment there. When did you buy in again? I’m unfamiliar with AVN but, having had a glance at the fundamentals, the market cap seems very high. Revenue, let alone profit, is not even 10% of what the market cap is. So I’d proceed with caution there, Rob, especially considering the recent Vodafone contract win lacks any numbers to easily calculate how much it will affect future revenue and profit. I had a look at ARTA but I was unsure about it. I don’t like how Artilium does not announce Profit Before Tax but does it all by “adjusted” EBITDA (i.e. excluding all sorts of things), which made me think they have something to hide. Dan the man ;) haha

If we can get in the top 5 risers of today then we'll be on the radar for so many more investors (both private and institional), and that will of course lead to an even greater rise. Almost 40% rise in less than a fortnight - this is better than I expected in the short term!

Based on the current live price of 79p there has been a ~32% rise so, whilst I thought you were premature to say I was proven right when you did, it looks like I did call this one correctly after all. Although I'm nothing compared to El1te - he's an absolutely superb investor, he just got this one wrong (and, as I said, that was the first time I've ever thought that with his recommendations). Unfortunately, having bought in at 77p and because I had no funds to top up, I was unable to benefit from my own wisedom. Nevermind...

Just had a very quick google and they have a stake in various other AIM-listed companies, including CAP (which I know is fairly popular on lse)

I know that's not showing on LSE yet but I can see it from the live charts that we're above 78p now! We've had a cracking couple of weeks and I'm now break even! My conservative end of year target of 144p remains. Strong Buy.

Assuming a second half cash burn of another £170,000 but netting of the £450,000 (net of fees) from the December placing and the debt to equity swap you had a group before today with net liabilities (ignoring goodwill etc) of c£150,000 plus a 51% stake in AC&D. We are told that ACD is profitable but is it profitable in the Vipera sense (i.e. capitalising costs and burning cash). What is the accounting effect of internalising the 15% of its revenues that came from Vipera? We do not know. But it would be hard to say that it would be the cash cow Vipera needs. But thanks to advisor Fatty Cornish and today’s placing (odd how the shares slipped back in the two days BEFORE the placing don’t you think), Vipera now has net cash of at least £800,000. That will keep it going for at least another 18 months, I guess. But when the deferred ACD shares are issued this company will then have 194 million shares in issue. At 6.75p that values this beast at £13 million. A £12.2 million Enterprise value for a business that just cannot seem to generate cash? One that is not demonstrating organic growth, whatever it says, and one that will – odds on – be passing the hat around yet again within a year as the cash runs down, you are havin a larf. Sell.

Vipera finally gets placing away at 6p but this is still a bag of ****e http://www.shareprophets.advfn.com/views/4032/vipera-finally-gets-placing-away-at-6p-but-this-is-still-a-bag-of-****e#sthash.6zklLY13.dpuf Back in November I flagged that having puffed its shares up to 11.6p, AIM Cesspit dog tech stock Vipera (VIP) was planning a £500,000 fund raise at 6p. The shares tanked and the placing was pulled. So to plan B. First up was a trading statement on 20th November 2013 saying that FY revenues would be well ahead on 2012 and 1.4 million Euros. Sounds great. But hang on Henry, first half revenues were 732,000 Euro so this cannot exactly be viewed as a growth situation can it? Then on 30th December it announced a £500,000 placing at just 5p. It also paid £956,750 (in shares at 5p) for 51% of AC&D with another £318,250 to follow. So let’s call that £1.275 million for 51% of a business that in 2012 made a pre-tax profit of 92,000 euro (call that £60,000). On a standard tax charge it thus paid a PE of c55. That seems pretty generous. Oh…15% of AC&D’s sales in 2012 were to Vipera. Next up the company managed to get rid of £563,262 of loans outstanding to the only folks prepared to lend it money (i.e. management). It still owes the bosses £257,000 but the head honchos exercised warrants at 3p and ponied up for new shares to clear most of the debt. In other words the management ponied up precisely £0 to get a stack more shares. And today… Vipera has announced that it has raised £1,058,900 at 6p. Let’s call that £1 million after expenses. The company claims that the cash will be used for “additional working capital for the Group to take advantage of the increasing opportunities for the Company in the European market.” Hmmmm. Let’s face it chaps that is *******s is it not? Your second half sales were the same as your first half sales in 2013. That hardly speaks of “increasing opportunities” does it? And actually while some of the cash will go on “working capital” some will go because you are er…loss making although using IFRS this may not be abundantly clear. Let me refer you to H1 2013 numbers (we can assume h2 will be much the same). Stated losses are less than cashburn. Why is that? Well have a look at a) capitalised staff costs and b) the purchase of intangible assets i.e. expensing internal R&D as an asset purchase from within rather than through the P&L. Of course this is all totally legal and in-line with IFRS but it explains the ongoing cashburn. The H1 stated loss was £30,000. But chuck in £142,000 of capitalised expenditure and then another £220,000 in working capital movements (customers being tardy in paying) and you get a whopping cashburn. That tardiness may now ease but the underlying real loss from doing business was £170,000. Where does that