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So TCG is going bust. Worst kept secret in the world... I have been saying for the last two months or so that this company is doomed. Same as SXX. Sell before you lose everything. TCG will not survive, nor will SXX. No one will give it 3 Billion Pounds! Sorry and good luck. I said sell at 20 and no one believed me. Better get 4 for your shares now than zero soon.
I have been saying for the last two months or so that this company is doomed. Same as SXX. Sell before you lose everything. TCG will not survive. Sorry and good luck. I said sell at 20 and no one believed me. Better get 3 for your shares now than zero soon.
SXX is now only a trading share with huge swings in the next few days. From 4 to 5 p you can gain 25% and lose the same from 4 to 3. There is a lot of money to be made and lost. A hugely similar story to TCg. But Male no mistake. Shares are worth zero when investors realise that no one is going to offer SXX 3 Billion Pounds...
Cherokee101... 4.4p is worth a lot more than 1 or zero... cut your losses. Good luck
I find ENQ hugely undervalued. Perhaps even more than PMO. I have been following both shares for a long time and they are both lagging behind TLW, CNE, HUR etc by a country mile. Now ENQ is even behind PMO by a long way. I think it is very likely to soar and the re-rate is imminent. TLW and CNE are more or less back to what they were 12 months ago, whilst PMO at 87 has a long way before it can go back to 147 which it was 12 months ago and ENQ at 20 has almost got to double to go back to 38...
Woolveratone... the £ 1 party organisers were ridiculing me, insulting me and calling me names. Even went as far as threatening me if I kept posting a strong sell recommendation. They said I was deramping and since I was not invested, I had no right to post on this SXX board. I guess I will not be invited to their £ 1 party after all. I am however organising a 1p party and shall invite everyone
Beerbull... Hi mate... I sold PMO at 82 last week after buying at 180 and holding for 5 years . Guess what? It rocketed to 96 in two days... My mum used to say that if we set up a business selling hats, people will be born without their head.. I am completely useless. I hope you are well and that your investments are doing great!
Brent at 65 and ENQ is currently trading in the red, whilst all other oil shares are up 1% at least... I have always been critical of PMO for underperforming, but the ENQ sp is a real joke...
Says it all...
So Brent soars a full 2 dollars from 63.3 overnight to 65.3 now and ENQ struggles to put on 0.1p? I mean 0.1p, not 1p...
All rigged. All manipulated. All so strange. Mind you, other oil shares are not faring much better at all... Speculators and market makers rule the trading world these days...
Pianista... Are you serious? If they go for the Rights Issue to raise another 500Million, how much do you think they have to price the new shares? 1p at the most! And if you buy at 1p, then the shares you are currently holding will lose their value and be worth between 2p and 1p. All in all you will be lucky to come out with 1.5p a share overall. So you are prepared to lose another 85% on the current price of 4.40? And that is the best case scenario... Do you thyink investors who have been duped for years to buy more and more shares and invest more and more of their life savings, would commit themselves to lose even more money? This Company is unique in thinking that people are so stupid...
Pianista... If SXX raises anotyher Rights Issue, shareholders will be hugely diluted and shares worth 1p at the most. So, what is the point in holding the shares now at 4.41, if you can buy them later at 1p? That is provided they indeed go for the Rights Issue and do not go bust instead...
SXX and Thomas Cook... At first sight they could not be more different companies. One has not even produced anything yet, the other one has been on the market for the last 130 years. The differences end here, because everything else points to exactly the same scenario. Two companies. One fate. Oblivion...
I tipped both companies as a Strong Sell a couple of months ago when their sp was at 20.
I said Strong Sell again when their sp was 12. Then again at 8. I kept saying SELL and save whatever you can get, before it is too late. On both SXX and TCG boards I was insulted, ridiculed, called names and vilified.
Both companies' sp is at the moment 4.41p... A HUGE similarity.
Both companies need billions to survive. Both companies are running out of options. And time.
I feel genuinely very sorry for all investors in SXX and TCG. I lost 60% of my investment in PMO, when I bought at 180 some 5 years ago and sold last week at 82, so I am no better than you or anyone else. But to be blind and keep saying that SXX and TCG cannot fail, the Government will help them, someone will come up with the Billions required and the sp will fly sky high is pure lunacy. The writing is on the wall. Sell and cut your losses. Shares in both TCG and SXX will soon be worthless. My humble opinion and I really hope I am wrong. Good luck.
SXX and Thomas Cook... At first sight they could not be more different companies. One has not even produced anything yet, the other one has been on the market for the last 130 years. The differences end here, because everything else points to exactly the same scenario. Two companies. One fate. Oblivion...
I tipped both companies as a Strong Sell a couple of months ago when their sp was at 20.
I said Strong Sell again when their sp was 12. Then again at 8. I kept saying SELL and save whatever you can get, before it is too late. On both SXX and TCG boards I was insulted, ridiculed, called names and vilified.
Both companies' sp is at the moment 4.41p... A HUGE similarity.
Both companies need billions to survive. Both companies are running out of options. And time.
I feel genuinely very sorry for all investors in SXX and TCG. I lost 60% of my investment in PMO, when I bought at 180 some 5 years ago and sold last week at 82, so I am no better than you or anyone else. But to be blind and keep saying that SXX and TCG cannot fail, the Government will help them, someone will come up with the Billions required and the sp will fly sky high is pure lunacy. The writing is on the wall. Sell and cut your losses. Shares in both TCG and SXX will soon be worthless. My humble opinion and I really hope I am wrong. Good luck.
NeilHannon... Thank you for your kind words. Krakenoil is rude and swears at me on every post I write here or on the PMO board. He/she is a vulgar individual who should me banned for life and I have reported him again now to the LSE board
Epiphany121... So how is the CEO of ENQ allowed to buy 900K at 19.30 when the sp is well above 20?
If you or I want to buy shares, we need to pay a lot more than he has. He has Billions coming out of his ears and he has full inside information about the Company. he should pay a lot more than us private investors who risk our money without having any of the advantages that he has. It is an absolute disgrace and that is why companies like ENQ and PMO have their sp kept so low. If he paid 21p for those shares this morning, our sp would have moved up. Why on earth did he pay 19p is beyond me
Nothing from him today, so that means that pip is going to fly!
Sauerkraut.. I always feared Fridays... That's the only thing I agree with DBNO... PMO has had the habit until now, to crash on Fridays and ruin all the good work done for the whole of the week. Whether it will weather the storm or not this time depends in my opinion on Brent. If it stays at 60 or goes to the 50s, then tomorrow the sp will definitely sink. If it gets back to 62 or higher, then PMO should be ok. No one knows what is going to happen.
Mrd5432... I will not rush to buy too soon. PMO losing nothing yesterday and only 1 or 2% on days like today, means that either this share is showing big resilience or that it is just waiting for a very big correction downwards. I have been caught so many times holding for 5 years. Just when I thought PMO was out of the woods and on to much greater things, boom... the sp crashed and all the rises of previous weeks had evaporated in a few trading days. maybe it will not be the same this time, but with Brent threatening to go back in the 50s as I speak to you, it is not a buying market for me. By the way, are you in or out at the moment on PMO and what other shares are you holding, if I may ask?
Brent down to 60$ from 63.60$ some 24 hrs ago and PMO is down only 1%, as opposed to END losing 1% yesterday and 5% this morning, as I write this. And some people keep saying how much better than PMO their beloved ENQ is... Go figure... Incidentally, I sold PMO yesterday as I do not like all this OIL drama at the moment. Zama is a huge positive, but selling it now it would fetch a minimal amount compared to if oil was at 70, 80 or higher. It could fetch 1 Billion then, instead of the 430 Million rumoured to be worth now. I shall buy again soon in the next few days or weeks, once the dust is settled. IF