Member Info for MartyPoppins

Like POLY, a well performing company with a good dividend that gets almost zero investor attention (all too busy gambling on SAGA?). And now above 200p. Sometimes boring is best.

Repay debt or do a SBB? Repaying debt saves X% in interest (no idea what RoI they pay, but it's got to be low) while a SBB saves a payout of 10%+. Debt is usually seen as a negative and deleverage as positive, but at this very low share price a SBB makes financial sense IMO.

Bluerill,

My only advice - investment or otherwise - is that if you cannot be civil, be silent.

Bluerill,

My only advice - investment or otherwise - is that if you cannot be civil, be silent.

The yield is getting high here - if it gets much higher it may become a matter of concern. A yield approaching 10% is high yield and indicates a junk status. Not sure the company wants that, and it may be a signal to reduce the yield (irrespective of cover). Buyers at below 2000 still get a good yield even if the dividend is reduced, but those who bought in at over 3000, or whatever, would now be getting a relatively poor return.

Is the company doing share buy backs at these very low prices? In addition to supporting the price, future savings would be substantial given the high annual payouts. Anyone know if the coy has a SBB scheme authorised and in place?

Bluerill, give it a break. People are tired of your arrogant bully-boy ranting. Did you learning nothing from having LSE remove some of your more vitriolic posts?

I read many share threads on this website - you and your lapdog have successfully turned the SLE one into the most useless.

This has had a great performance over 52 weeks (from 600p to 900p, approx), currently stands at or near its 52 week high and is one of the very few gold shares that pays a reasonable dividend. And yet appears to have zero investor interest.

Definitely one slipping between the cracks of investor attention.

At least in the ST, this is a classic AIM story. Starts with a small number of highly charged rampers (calling themselves 'true investors') promising a price rise of 'at least 300%' and disparaging anyone with a different view (called 'trolls' or 'idiots'), followed by a lot of disgruntled investors who instead see the price fall 30%+. And so many of the prior pontificators either go silent, make a joke of the whole affair or backtrack on what they said before. AIM is run by sentiment and expectation - when supposed 'good news' was around the corner but the price refused to budge this indicated that the investors who move markets didn't care about the facts we already know and did not trust a management that has repeatedly failed in the PR department to turn the event into anything other than a highly negative affair. And, as usual, they were correct.

The rampers will soon be saying that the price will rise by 'more than 400%' to maintain their original price target and perhaps one day they may even be correct, but they totally misread the situation and - if you believe in the company, despite management's repeated failures - it's a lot nicer to buy at 6p and 7p, than at 10p.

At least in the ST, this is a classic AIM story. Starts with a small number of highly charged rampers (calling themselves 'true investors') promising a price rise of 'at least 300%' and disparaging anyone with a different view (called 'trolls' or 'idiots'), followed by a lot of disgruntled investors who instead see the price fall 30%+. And so many of the prior pontificators either go silent, make a joke of the whole affair or backtrack on what they said before. AIM is run by sentiment and expectation - when supposed 'good news' was around the corner but the price refused to budge this indicated that the investors who move markets didn't care about the facts we already know and did not trust a management that has repeatedly failed in the PR department to turn the event into anything other than a highly negative affair. And, as usual, they were correct.

The rampers will soon be saying that the price will rise by 'more than 400%' to maintain their original price target and perhaps one day they may even be correct, but they totally misread the situation and - if you believe in the company, despite management's repeated failures - it's a lot nicer to buy at 6p and 7p, than at 10p.

L99,

Good stuff in this and your prior blog posting, thanks. Personally I am surprised that people are so bored they will rate a bed mattress (...), but hey - what do I know?

Evenstevens,

What planet are you orbiting? 'Put a remotely coherent arguement together for the bear case' for a share that has fallen 60%. Duh......

Welcome to AIM where caution saves money and ramping loses money (your's and other peoples'). The share is now heading to 7p - when it starts moving significantly up it can be ramped. Until then, it's a poor investment getting poorer.

BTW - one of you rampers referred to any posters suggesting caution on management's handling of the CPR issue as 'idiots'. Don't look like idiots now......

I told another investment that completed a complex multi-jurisdictional transaction without fuss and well within the stated deadline. I'll ask if they can provide consulting services to AAOG, which appears incapable of doing anything on time.

MrAim might be a pain in the a** but, unfortunately for holders, he is proving to ne more correct than the many DS groupies who have endlessly ramped this share regardless of the poor communication and utterly hopeless PR of management. Good shares move up (in my investment universe) and this share has now lost over 10% in recent days (while awaiting GOOD news.........). AIM trades on sentiment not fact (if otherwise, explain the 8p price) and a management team that treats investors like garbage induces very poor sentiment.

If and when management finally manages to pull its finger out, this share should rise nicely. Until it learns to act in an invextor friendly manner, we will wait and wait.

Just popped in to see what's going on on the SLE board, but it's the same old small-numbered crew pumping the share and distributing insults. Rien ne change. However once again Mr Kuti has come up with an unfortunately astute comment about potential privatisation should this putrid carbuncle of an investment (down almost 90% for LTHs, for those newbies who want to protest following the recent bump) actually turn good, despite the non-leadership of its CEO. Saw a recent privatisation attempted of a US listed share I was following and, if it goes through under current terms, LTH's will lose all the potential growth of the company (this potential growth being the basis of purchase by PI's). Something to look out for.

Evenstevens,

Thanks for your concern about my financial well- being, but I am actually doing OK on AIM. Recently doubled my money on SOU and a few other shares, and while I said my first buy on AAOG was at 30p, I didn't say my last was. I have made money trading AAOG, but that does not mean that management is reliable - it merely means investors are nervous about ever-smiling DS and his relentless ramping.

Yeah most of my posts are fairly negative, but that's because there is already far too much pumping on LSE about ridiculous shares. We don't need more pumping. Have a look at where the endless pumping got SAGA.

Anyway, good luck in your trades too.

Laurus,

If you are suggesting that I am a shorter or deramper, no I am not (unfortunately in this case.....). I'm looking to see if this company is worth investing in. The problems I have noted (admin/advertising spend and massive returns) will be known by all investors (which I am not yet). Got to see a serious reduction in admin/advertising expenditure (management says they are doing this now - we'll see) and reduce the high returns % if this company is to take off.

Everyone seen the returns figure on goods 'sold' for this company - from GBP 3m in 2017 to GBP 11m (....!!!!) in 2018? And on net sales of only GBP 34m. Anyone know if this desructive returns policy is still in force?

TIB,

Who are you to refer to LT holders who have seen a loss of over 60% on this share as 'idiots' for harbouring doubts about the abilities of DS to govern this share into a profitable investment? If you bought in last month at 9p, well done to you - but dont preach to LTH who have experienced significant losses on the share or refer to them in a derogatory manner simply because they are not DS groupies.

BTW, you might have noticed that today is last day of May. Yet another deadline thrown in the bin. Congolese payments late? More deadlines slipping.....

GLA.

Theiceberg,

FWIW, my first buy of the company was at near 30p. From that you can work out how long I have been holding. You can also see that I am down 66% on that purchase. So how long have you been holding? I only joined LSE late last year - was on a different board prior to that. From my purchase at 30p to late last year has given me plenty of time to be sceptical of DS, his constant ramping and his constant delays. SP has been nothing but abysmal. However I have also taken the opportunity to buy at lows and sell on rumours. Life on AIM.....

People with negative speculation are not trolls - they are investors like myself in this company for years who have seen nothing but delays and a declining share price. Funny how a company without oil is worth 3 times a company with oil (SP, not MC) but that's AIM. Anyway, more delays imminent and SP heading south again. Same old, same old for LT investors.