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Going back to a post i made months ago having met at various Sound, Echo, Coro and I.O.G bosses at company presentations was that A.I.M share holders are mugs for the taking to further the B.O.D.s own interests. amazingly whichever presentation was set up the same faces would be around to sip champagne, Pinocchio parsons dear hockey and not least Fiona. all very nice people that investors hoped would make them rich overnight.
A.I.M is under regulated. am joining the WhatsApp group. and looking up capital tax loss on shares in administration to set against property gains tax. (Queen another one bites the dust.)
Just checked out link, a reality check.
So IOG share price now joining the likes of Sound Energy, Echo and Coro etc. all run by a cable of character's that know each other, (no names mentioned owing to libel laws) but are effectively either incompetent or putting their own interests before investors.
From attending previous presentations the same faces pop up, I still have some of their business cards and personal numbers.
The A.I.M market needs overhauling with stricter regulations with short selling banned.
Met Fiona and others was also at Echo, their is a clique of geologists floating from one A.I.M to another. mostly disasters for investor widows and children.
Sound energy James Parson introduced me to Andrew Hickey at Coro presentation and came across as more genuine than some of the people their.
If you attend company meetings you get to recognise the same people moving from company to company.
Canopies and champagne presentations to impress the naïve that don't work in city.
Short positions a little higher from previous weeks whats behind their motives.
Owing to lower pricing today and having quite a few grand £ worth in my ISA am taking a bit more notice of trades , was too late to jump ship a few months back on the 45p - 50p price so on a largest paper loss.
Am reading in Mail finance of more U.S. equity buy outs recently it would be a tad inconvenient if this were sold out under 50p.
I would prefer the business plan to take the company back to a quid before the pandemic struck. higher interest rates could be a problem on the remaining debts even though reduced recently. Fingers crossed for a recovery based on sound income flow with a dividend again to entice investors. Ant Smith.
I live on Marine Parade Gorleston other side of Gt. Yar. harbour, will look out for that ship when driving to riverside Morrisons.
All good with IOG as have a few thousand shares from meeting Mr Hockey some years ago at Coro presentation by James Parsons. A not so popular person on Sound energy chat.
Todays £66k bought and Nil sold.
After yesterdays large buys is looking stable for a tick up. two weeks to go for new ISA top up.
This SOU is still on my long watchlist from selling out December 2019 at 4p from 30p average, should have sold after London bridge AGM at 10p.. lost around 90k.
used the 12k left to buy IOG, now doing ok, hopefully regain some of what i,ve lost.
PS 200306 were you the guy at the AGM in the front row that voted against JP remuneration pay ?, Marko, JP etc. all on the rostrum looking smug as the motion was passed.
Would have been an opportunity to meet up and rake over the ashes of former times when our investments were worth a lot more, in Sound. However as Norfolk in tier 4 no chance.
Happy new year to Trellis, DDboy and other locals.
Mr Norwich Trellis, Am putting together some tax gains and losses for my accountant to submit to HMRC. sold out of Echo Coro and Sound, had been to the presentations shook hands with Jimmy and Fiona etc., but at the of the day an investment in all of these companies in the words of BBC come dancing judge Craig Revel Horwood.... DISASTROUS.
This time last year was at the AGM in London and observed the voting on remuneration pay etc. and general attitude on their faces towards ordinary shareholders seated in front of them from the rostrum.
Pity no whistle blowers with Christian conscience to expose the truth on manipulation.
A new broom may be in charge now and a good share gamble at this price for newbies but overall a bad investment for long term holders.
Trellis group needs to keep the pressure on them.
Met Andrew Hockey of IOG at the Coro presentation, introduced by JP there. they all seem to be interconnected in the oil and gas industry as well as Fiona McCauley ex Echo now also IOG .
Haven't got round to establishing my long term Sound loss for tax purpose's from 30p to 4p but bad.
Warren Buffet been shopping.
Just looking at the chat on the bad luck shares, you know which ones I mean.
Have a Taylors First Estate port from xmas present time. guaranteed to help with sleeplessness from big losses..
Keep up the good work with SAG Trellis.
Symposium should include the governments race to reduce emissions whilst China is ignoring them.
Average cost electricity 14/18p per kilowatt hour. Gas 2.5/3p per kilowatt hour . plus standing charge for smart meter roll out etc..
I know what consumers and manufacturers cost wise prefer to pay to be competitive.
I.O.G. and other oil and gas companies have a changing world to deal with, too much too soon.
Ofgem pronouncing that household gas boilers to be removed to counteract greenhouse emissions in the future plus no new houses to have gas boilers fitted.
Unless gas to wire (electricity) rig instillations off shore who is going to sell/use the product coming out of Norfolk Bacton pipeline.
Which incidentally feeds gas from Europe to the Gt. Yarmouth electricity power station nearby here, or will that be shut down and rely on the plethora of wind turbines off the coast.