Member Info for markparker

Dear Posti.....On several previous posts I made the connection of IQE with Imagination technologies. So well done on making that connection too. I can't remember if IMG was shorted aswell but it fell from 120 to 60 when Apple delisted them from their supplier list. The shares had a sort of bounce then the Chinese swopped in and now IMG is delisted. If the same thing happened here this is my prediction. In the short term IQE will rise to 80 or so. It will stay here. Then the Chinese will clean up. So look out for the dead cat bounce.....

Morning Supercharger...I think a round of drinks might be a worthy cause. The reason that folk might sell small amounts is that the Share dealers offer discounts to numbers of trades. So Interactive Investor charges £10 to buy or sell. But if you pass their threshold say 30 trades a month it goes down to £6 ....

I ve just had a look around the bulletin boards of Solgold , CEY and Polymetal. They all show frustration at their own share prices mainly as a result of as they see it low gold prices. But we are lucky. Our forward push is based on just four identities . Three gold producers and a government. The most unpreditable of course is the government of Tanzania. Many here can talk very well on the companies but none speak of the workings of the Tanzanian government. My own view is that their resolve remains the same. When all this kicked off with the gold export ban I researched into what the Tanzinian press reported. There was also a ban on animal skins processed mainly to Italy. The government insisted they were processed prior to export. This was implememted So more jobs in the home country. And of course they want gold to be smelted in Tanzania More jobs , more transparency.. So after they get back unpaid taxes as they see it , the gold bars then will be personally counted by Mr Presdient or his wife ready for export flown out from Dar Es Salam or Zanzibar.

When I see nearly 4 mil shares selling I m don't want to be a holder when Woodford et al start off loading. I ve taken a grand hit instead of making £800 if I had sold last summer! I ve been following the posts here and there's little hope on the ground it appears. And when Mark Carney says uk house prices could take a 35% hit if Brexit goes pear shaped then that's not to be taken lightly. So even if Purple hadn't created its own demise , the overall uk market in house sales is on the dip. I kept in last summer because of the talk and expansion into Oz and USA and later Canada and Germany. But the results here will be slow in coming . Sometimes you got to do what you got to do. But no more falls for me to endure......

Ben... I m curious you said " Will the shares be suspended following an agreement.....or will ABX allow the dust to settle...?....I know what I would do..but either way things are looking good."

Please what would you do?!

Hey ! It's nice to hear that what I ve written makes a little sense. At best the bulletin boards are sounding boards. I watched IQE for ages before I bought. I knew at 180 and no profit to show it didn't make sense . Then I saw it drop to say 105 and back up to 130 say. Then back down again and up. So If I bought at 108.. What could go wrong? Except of course it didn't go back up ,it cascading down to 87 or lower. And now there are what, eight or so funds shorting ! But there were pushing influences.....All the talk of iPhone x sales dropping...and of course the death of the finance director and the length of time it took to find a replacement. And if you look at the postings now on ICE it's all about the institutions keeping the price down. What does it mean for us here? 1) The price here is going to be depressed for ages but don't sell. On the IQE board every time the SP went down there was talk of shaking the tree. The institutions want to buy your shares to lend out. 2) The SP will go up. . I like your analogy of the parasite. The host is no good dead ! 3) Ignore buy sell trades. The big buys could be one institution buying to lend out to the shorters. 4) Buy back in if you can sit on them. 5) I don't think there is anything intrinsically wrong with Acso. Just had a top heavy p e . Truly a victim of its own success.

Okay Qd22... I ve seen shorters act on four shares I own....ACA,,,,CRST....IQE....AND NOW HERE! Basically I predict the share price to be suppressed for a long time. It appears to me that they dont short no hopers like Purplebricks or Sdry. But shares that have once flown but have had a dip. However the dip is usually due to some internal issues in the company not just a market malise. There has to be light at the end of the tunnel. This is how it works. Mr SHorter borrowed shares in the target company for a fee. At some point they sell these shares on a down swing. THe shares fall more. THe operator then buys more shares but cheaper. The shares at some point rise ..hopefully higher than where they originally borrowed them. They can then return the shares to the original lender. SO the Lender makes money by fees and the borrower by buying back in at a cheaper price and selling higher. So is there some bad issues in ACSO that isnt public . Certainly the PE ratios have and are still very high. It has to be more than just market sentiment at play here. The problem for the long holders like us is that the operators like Black rock have very deep pockets. They can increase their short holding in order to get their desired effect....I hope that makes some kind of sense...

Thanks for bringing our attention to activities outside Tanzania. I was not aware of these . Ask a layman in the street and they would say only South Africa has gold mines....but we have Egypt, Kenya, Mali, Ghana,SerraLeone CD-R, Nambia , Zambia...and others I ve forgotten. So where are Acacia s interests outside Tanzania.? Having read yours and Bens replies I m holding.......

Supercharger...Thank you that is so well put. When I read The financial press its always with a good heap of salt.
And we must plough our own farrow. Having said that we can expect our resolve to be tested.
This project of being a Private Investor does that.

As mentioned here the facts in the article are what we are all familiar with already. I suppose if you wanted to buy fresh Gold stocks to your portfolio and you wanted exposure to a rise in gold you would buy elsewhere. But all these current events in the life of Acacia has made it a poker stock. And I guess the poker player in me is attracted to that.
Having said that Big Bang (Is it Ben I believe) here's the last paragraph of the Investors Chronicle article in full for your comment......
" As we said in February ,it's hard to see why Acacia s minority investors might back the mooted framework deal, which would further debate the stock and placate an unpredictable counterparts.
As such, we do not share the optimism of NUMIS, which expects a resolution to come with a meagre $300 m hit in 2019 (see table... Sorry no table). and Acacia s retention of 84% ownership of its mines.
We expect Tanzania to drive a harder bargain. Sell."

I read that Investors chronicle have advised a SELL on Acacia. Please those that are well read on ACA and read this weeks article what do you think they have got wrong At Investors Chronicle. It would be nice to hear the arguments rather than simply shooting the messenger which can happen on these posts.Cheers.

Thanks John. Not many posts here so great to hear from you. From what you read are there any draw backs going to Aim.. To be honest I thought they were AIM already.! I realise many of the groupings overlap . It's confusing when in AIM you see say. SPX with a cap of £4bil and others with a lot less than £20 mil. Have you got your head around the factors that influence where a company is listed? Best.

Dear Rocka....if I m not mistaken the blurb that was issued with the IPO back in 2017 focuses not on Graphene but on this copper foam. This gets forgotten in the enthusiasm for Graphene. May be you can enlighten us where Versarien is now with the copper foam development ? Basically it makes the transfer of heat more efficient in heat exchange technology?

I va just read the Jefferies broker note issued back in May. They predicted target price of 78 pence. The other brokers target was say 440 issued back in September. Is it safe to say Jefferies is more correct and the others are say being "persuaded" by the institutional fund holders to put a spin on things.? Cause if I were Neil Woodford or Axel I ll be underwhelmed by all this performance....

Cheers for that !...did the markets react positively on this news?

I havint looked here a while but pray tell me is there still no body in charge of finance at IQE? Well on the bright side no funds can be embezzled a la Patessie Valerie.......or....? Please someone some good news here....

Dear Rock ......6445 posts I see ! Well I think you should receive a few Vesarien free shares or may be an invite to go on strictly Come Dancing! Seriously I too have been here since buying in at 13.5 pence. And I ve bought in several times as it dropped from 180 to say 111. So we saw it ossilate between 9 pence and 30 pence for ages. Then it leaped frogged to 40...50...80..90 and then over into the pound plus range. So history will repeat itself. This time next year it will be 2 quid plus. So two extreme scenarios to prevent this. The demise of The chief executive or the discovery of the mass production and patenting of Graphene production . The former resulting in the share plummeting and the latter resulting in 5 quid shares! We must remember that Graphene is marvellous but the production technique is still in its infancy. Look folk not an anacroym in sight. Say what you mean, mean what you say! Steady as a Rock she goes....

Does anyone know how savvy the Lease details of the stores might be. . .? For instance any break clauses ? Any allowance for sub letting? Was it in Berlin that Sdry had to share their share floor space as they had bitten off more they could chew..?

In the last year When I ve sold it has been very obvious to sell. Crest Nicholson when I saw They could not sell flats in a development locally....and it was shorted. Whitebread when they had risen enough. But here Superdry are rock bottom. There are no shorters . But my local Brighton store is too big and empty. We have a really warm October so little cold weather buying of stuff. And every post written here provides no joy. Are there any bears out there .? Or should we just sell and be philosophical.....and stop praying for a white knight?

I ve checked Short tracker and was surprised to see there are no outfits that have an interest in Superdry Group. Having said that any interest under 0.5% is not listed here. Has anyone seen any Shorter activity ?