Member Info for madchick

SP was up yesterday, but down today. (Yawn)

Yes, noticed it's gone down today. I guess general market sentiment. I see that Nokia is a bit of a disaster as well.

I can understand why you left Alo - but your input was much appreciated. I'm still here more out of indecision than anything else, but also can't be bothered with reading up on Myriad. I am still focusing mostly on IOF, SXX, and VOG. There should be a share called FWIW! It's nice to see that friendships have been formed so it wasn't all wasted so hope that pug and hernando are enjoying themselves, even if it's only tea :-) for those that are still here, well, I'm still here, even if not posting much (gone into hibernation really since I don't have much to say). Wishing everyone much prosperity or at least minimized losses!

Hi Alo, I don't mind what we do. It was quite weird seeing it suddenly disappear like that as if it never ever existed. F.

http://www.investegate.co.uk/Article.aspx?id=201004070700117892J Interesting one!

http://www.investegate.co.uk/Article.aspx?id=201001080700072234F Good start to the year

http://www.investegate.co.uk/Article.aspx?id=200912010700083448D As expected, down on last year due to timing issues with contracts, but still expect to meet yearly targets.

http://www.investegate.co.uk/Article.aspx?id=200911190700127260C

Just back from 3 days away, so can spend some time on this, since it's still fairly new to me! n case you didn't find it, the share buy back proposed is "up to 2,957,115 Ordinary Shares, representing approximately 10 per cent of the Company’s issued share capital", plus they will consider paying a dividend if they remain profitable at a level that makes paying a dividend reasonable. This is likely, since their income is primarily based on renewable licenses and in March profit before tax was up 27% to £1.78 million (fy2008: £1.40 million). They are expecting the bulk of a 1.7 million contract next year and have their 360 degree solution piloting elsewhere. They have since got the contract with Mastek. Something I've only just noticed that was presumably approved at the AGM on 6th Aug is the following: "That the authorised share capital of the Company be increased from £4,000,000 to £6,000,000 by the creation of 20,000,000 new Ordinary Shares at 10p each." I'll confess that I don't understand this (company buy-back, but in another breath they are increasing number of shares?)

the spread is actually a bit lower if you look at the buys and sells that have actually gone through. I had a buy order in for 38p today but this was obviously too low. There's a chance if the market continues to dip that this may also do so marginally as well. Not sure what effect the buy back will have and can't remember just now how much - might say on their website? I think it might have been one of several possibilities, unless I've got confused with EO., but the main plus point is their rise in revenue in !H 2010 and lack of debt, IMO.

Yes, I think now is a good time to get in. I've tipped my toes in here but would like more and would buy now if I could. It's now been confirmed that they've cancelled the share premium account, which is what they need to do before they can do the share buy back. They are expecting an extremely good 1H 2010 and have no debt, so I think you are pretty safe here. IMO, of course.

I tried to buy today but failed. Will try again tomorrow. My trade was within the price and amount traded singly today - I think the MM was probably asleep.

I was going to sell up today, but am now thinking of holding!

... and waiting for a month or so now - would like to get in at <40p but not sure I will have the money by the time it drops down again (assuming it does).

Lots of buys today - tick up again on Monday? I'm really surprised that this has risen and stayed. I keep on thinking of selling up completely, but then just keep on holding...

happening at end of day. Will there be an RNS soon, I wonder?

Yes, thanks for pushing me towards EML. I've been watching PMK ever since you mentioned it on RIFT (and could have made some money on it by now if I'd followed straight away!) and may put some of my EML money into PMK. Also may step into FSG and/or top up on FTE and SYNC. Still trying to decide exactly what to do (always a decision between spreading risk and spreading myself too thin)! I don't think I ever thanked you for your continual optimism on RIFT either - it was always informative and confidence-building to read. You are doing a good job on PMK as well!!

Sold today and then the price went up! Oh well, ~40% profit so can't complain and have a very small holding left of free shares. As fjp said elsewhere, can't see the point in just investing in someone else's investment vehicle. Actually decided to stay out of the whole extract story now. Not sure what Dattel's plan is for EML and not sure why this sudden rise (surely not just on an article in the Times?) - all of which makes me a bit uncertain about the foundations. I am sure Dattel's has a plan and has promised good shareholder return but would rather be investing somewhere that I understood better (doesn't take much!) even if it might be lower returns. Still in with my free shares though - a first time for me!

http://www.investegate.co.uk/Article.aspx?id=200904290700123275R

Well, results are out by end of month, so not before then. I am hoping to sell after the results and buy in cheaper after that, but the price could stay up if they announce commencing new work on other prospects or, as they've intimated in the past, give us some concrete news about purchasing additional producing mines (they said this was their strategy, which would be sensible given the climate).