The man who predicted Trinity would end 2021 with $24.5 million says Trinity isn’t generating as much cash as the rampers predict. You really can’t make this stuff up.
St Ross can’t be a serious poster, he’s surely a parody.
More examples could be given, but St Ross was permanently banned from ADVFN earlier this year for repeated breaches of its posting rules (another example of his brilliance - of course though it was them, not him) and his contributions deleted.
Some of St Ross’s great opinions:
1. Repeated predictions of dramatic falls in Trinity’s production.
2. Repeated doubts about the wisdom of Trinity investing in SCADA (it’s as a consequence of that investment that production has been maintained).
3. Concerns that Trinity’s costs will dramatically jump because the old management, who were cleared out in 2016, failed to manage costs.
4. A belief that Trinity isn’t generating cash even though it managed to spend over $10 million on investment (including $4.5 million on an acquisition - an acquisition that St Ross alone thought was a poor deal) in 2021 and saw its VAT rebate increase by a few million dollars with only a $2 million reduction in its cash balances.
And St Ross believes that he’s usually right.
This year’s President Putin Medal of Commendation for Best Discussion Board Contributor goes to rossannan. In granting this prestigious award, which entitles rossannan to henceforth be known as St Ross of Annan, the judges noted the followed:
1. St Ross’s willingness to describe himself as the victim of abusive posts when in actual fact rather than be abused he’s the one who abuses others (e.g. his repeated use of the word “rampers” to describe other contributors).
2. St Ross’s assertion that he’s here to call out “rampers” when in actual fact he’s own predictions leave a lot to be desired (e.g. his prediction in early January that Trinity would end 2021 with $24.5 million in cash, when in actual fact the company ended the year with $18.5 million as indicated by the CEO at the December presentation - a presentation St Ross didn’t bother to watch despite his claimed expertise in the company).
3. St Ross’s repeated misquotation of other people’s contributions so that he then claim that they are wrong and he is right (e.g. Pavey Ark, on ADVFN, made clear his belief in July 2020 that there will not be a Galeota farm out before SPT is reformed and his prediction of a farm out that years was conditional on that reform first taking place - something St Ross conveniently leaves out).
4. St Ross’s willingness to attribute information provided by Trinity’s management, Trinidad’s government and other experts working in the energy sector about the energy sector to whichever contributor has posted about it, rather than to the sources themselves (e.g. Trinity’s belief that there were will be SPT reform in H1 2022 becomes the wishful thinking of contributors).
5. St Ross’s tendency to post positive things about Trinity when he’s looking to sell his shares for a small profit and negative things once he’s sold them (and, based on previous experience, waiting for an opportunity to buy them back).
6. St Ross’s ability to sow discord wherever he posts his contributions.
7. St Ross’s general failure to carry out or consider any research. He simply claims that his general scepticism entitles him to ignore it.
8. St Ross’s ability, as consequence of all of the above, to discourage others from posting on boards he contributes to, allowing him to thereafter dominate the discussion.