The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
this share is very difficult to buy I pressed re-quote buttom like 50 times this morning to buy this share as it keeps saying unable to retrieve live quote
"We have already started to demonstrate this through the supply of precise and verified journey data to a major UK city planning project, and our participation in the Manchester CitySpire initiative, " if they secure any significant contract with their newly launched data point division then sp will spike 70% in one single trading day I've seen it many times they don't need to achieve operating profit or significant increase in overall revenue level for this sp to spike as it is so volatile right now but you need to take off your greed and sell out when the spike hits as most investors become optimistic when sp goes up 70% in one day thinking "maybe this is a breakout and I will multibag!!"
I've bought in at sub 0.03 level as a punt the result didn't yet show any significant improvement compared to the sacrifices the previous shareholder went through to get this company debt free as I'm not a investor but a trader type the only merit right now I find with this company was it went debt free and v low in sp thus the reason for my recent punt. I will hold until Q1 2018 as they are debt free so at least there is no danger of de-listing but due to high monthly cost I will not hold this long term To be honest I wasn't expecting any significant improvement after few months anyway I'm waiting for the spike then I'm out
People are just very negative about david brieth from my research he had proven record in making profitable telecom business in 2002 and well respected in telecom industry there are negativity at coms but he is not an idiot as some people describe here as he did have success record Im not yet invested here just speculating but from chart wise this remind me of mysquar which i gained multibag profit it seems toop destroyed the sp due to equity fundraising as they increased revenue and cut loss this year so result wasnt bad also director of toop have his personal money invested on this share from my experience at this level it is worth a punt to exploit the spike i shall research further tomorrow
free float here is small so this can rock up in price when positive rns lands looking forwards to the result in october!
that was me ive invested 10grand on this share the final result in few weeks time will be positive and I liked the company's future prospect of returning to profitability
there is no good or bad share at aim it is the timing when you buy and when you sell as at the end of the day it is a speculative market rather than value investing those "fortunate" investor who bought at sub 0.03 level will have the chance to exploit short term volatility with this share there is going to be an inevitable spike with this share, yes of course this share does not deserve such spike but stock market is always inefficient so there will be a spike some point this year but you need to be ready and exit as soon as the spike occurs most people becomes greedy and optimistics resulting in them failing to sell at the right time
if they do raise 100m via ipo oh my lord the sp will multi multi bag from this level and yolo has massive share holding of 41% but even before ipo yolo is currently undervalued from current sp i'm already in almost 20% profit but will hold a bit longer due to its potential
according to level 2 there is a solid buying today at this level I say it is worth a punt as the sp is very low right now although there is a massive dilution I've seen it many times where aim shares with billions of shares being issued spike up in multibag level with slight positive news also the spread is very tight only 3 % where most of these sort of share will hav spread over at least 20% for those who want short term return and want to exploit the short term spike this share is a bargain price at this level
one thing is clear this reverse takeover is a good news for recent punters who bought plmo at 0.02level also for previous shareholders it is not the worst case event as worst case news would have been an anouncement of delisting for those who bought at sub 0.02level will benefit decent premium return but as plmo said they will provide further update i will be waiting for the financial or operational details of securlinx to evaluate the company's potential future value
i wouldn't sell if your current loss is about 30% as this sort of share can rise above 30% in one singe trading day what i meant by taking advantage was referring to shareholders from months years ago who would currently be at over 90%loss my point was with aim share it is the timing when you buy the share as all the fundamentals are weak with aim company i've accumulated a lot of money by just exploiting the collapse of the sp and taking quick profit when it spiked as im a trader not a investor but then again its your money your free choice the equation of high risk=high return was always true in the stock market as I've in the market for over 10 years now
unfortunately with speculative trading aim shares you take advantage with the "misery" of previous shareholders its part of the game as we are not value investor but rather just exploiting market volatility mere 15%~20% current loss is negligible with this sort of share as the sp is so low sp will spike at least 50%in one single trading day I have seen it many times good luck all!
Good that i punted 10grand at 0.02 level nice
Ive bought some at sub 0.03p level because they have cleared off the debt ( ofcourse previous holders have been atrociously ripped off due to absurd discount placing) Im defo not in for long term but with my previous experience with aim shares there is always a spike with this kind of share but you need to be very alert and self disciplined as you need to quickly exit before the bubble disappears