Member Info for MKopportunist

In the absence of a highly unlikely bid above 140p, I think talk of a return to that level in the short. term is wishful thinking. Promising results could conceivably push to 60p plus territory however and excellent results could push to maybe 70p, but I doubt anything more than that in a 2-3 month time frame.

Given that CABP has a record of information unofficially leaking, it looks likely that something interesting is afoot and someone is looking to take advantage of an impending announcement. It could be something as simple as upcoming results being stronger than anticipated, or something else. Either way, worth a short term bet.

Don't think the day's work will be done as the conference "closes at 5pm". There will be many working far longer hours and possibly late into the night; at Board level it's rarely a 9 to 5 job.

ATOM72, another possibility, to completely avoid CGT, is to use spread betting rather than actual stock purchases. Doing that can also hugely magnify your gains. However, that route brings significant additional risks and isn't something to be pursued lightly.

Nonpartisan, have you come across "Against the Gods, The Remarkable Story of Risk" by Peter Bernstein? It's an illuminating read.

ATOM72, you've misunderstood the government website. You WILL be liable to CGT if you realise assets and make a gain exceeding the annual allowance and then put the proceeds into an ISA (or SIPP). You WON'T be liable to CGT on any subsequent gains within the ISA. If you sell and pay into a SIPP you can also claim income tax relief at your marginal rate, but you are of course tieing funds up for the longer term (or not, dpending on your age).

Look at the stock history. Classic IPO rip off. Repeated mantra promising jam tomorrow. Trading opportunity only, certainly not investment-grade holding.

ML has posted some very sage advice relating to individual positions, risk tolerance etc. He's absolutely spot on:

1. Don't invest more than you can afford to lose;

2. Don't ever be afraid of taking a fair profit and walking away.

3. Just as averaging can work well when buying in, it can also be your friend on the way out.

I don't have huge direct holdings, but I have committed a prudent chunk of my own a

"Why is it not moving up?" Precisely because we are in one of those "disconnect" periods I mentioned. You can choose to invest now, based upon information available and your own analysis, or you can choose to await more details. Whatever you do is down to you, based on your own attitude to risk/reward. The downside to delay is that you miss the earlier, more spectacular, returns.

TimSmith, you seem to think that there should be a straight line correlation between value and price (or, similarly, between growth potential and price) at all times. The two frequently disconnect and, as opinions differ about the extent of such disconnections, a market exists. You seem to be of the mindset that requires cast iron guarantees before investing. Now there's nothing inherently wrong with that if you are satisfied with safe and steady returns, but you need to revise your approach if you are looking for outstanding returns. Occasionally, whatever your preferred style or risk attitude, an opportunity may present itself and it's up to you to decide whether it's "too good to be true" or a reasonable "gamble". In my view, after many, many years of mostly very favourable returns from a fairly conservative style, Empire is one of those very unusual companies that can create a major industry inflexion point. If some of us on this bulletin board are right, then there could be a massive reshaping of materials usage and potential returns are staggering. I suspect most private investors, despite anything they say, will not maintain their full investment for the full ride, because that's human nature; I will certainly bail out at some point, but not for quite a while yet! Quite simply, Empire is a "once in a lifetime" company, but you can view it differently and regret it later.

Darb, it isn't accurate as it works as a "best guess" based on the transaction price; hence my purchase at 20.449p showing as a sell.

Just a reminder, do NOT assume that transactions actually show accurately. I can clearly see a further modest purchase today again reported as a "sale" simply because my provider got a good price.

I have absolutely no objection to market makers earning their crust and turning a profit, but a 5.4% spread is taking the mickey.

MasterRSI, you are right about private investors but maybe not about market makers having an empty book. They know there is still an appetite for stock, but that volume will reduce for a while, so the spread widens as they effectively do a bit of trading on their own account as it's easy money. Either way, still an opportunity to add as the forward trajectory of EEE will be nothing other than stratospheric, although there will of course be periods of volatility along the way.

Everyone who was hoping for a breather and retrenchment before adding, or making first purchases, now is your opportunity. As the old slogan goes, "CAN'T LAST LONG AT THESE PRICES, BUY NOW WHILE STOCK STILL AVAILABLE ".

Monsa, I didn't see your previous posts but wonder if they were deleted for being borderline libellous? I am certainly not involved with the management in any way, shape or form, but to suggest recent events are in any way unusual or underhand is irresponsible. If you don't understand how these things work, probably best not to comment or invest. If you find behaviour unacceptable you can leave the party; please don't slam the door on your way out.

Doc83, your first buys would have been around the time I started buying EEE. I've been picking up consistently ever since in my own and wife's SIPPs and ISAs. She will be chuffed to bits that she is likely to be able to retire far earlier than anticipated.

Doc83, this is a stock that really does not need ramping. Ignore everything on this bulletin board, go away and look for, or do your own, independent research and then buy in. You'll have missed the early prices and original surges, but you will still have a very solid investment. Alternatively, mortgage your house, wife, kids and dog and commit now for a once in a lifetime opportunity.

Spread now 1p, 17.5-18.5 quoted, MMs looking to make surplus profits on the buying frenzy.

HelloDave, as you seem to believe everything this Board of Directors is telling you, now is apparently the time for you to mortgage your house, your wife, your kids and your soul to buy CABP stock as it's due to hit 500p next month. That's all happening in the land of candy floss clouds where unicorns are sh***ing rainbows! On a more serious note, I'm of the opinion that even if the results in August are flat, the company is looking a bit cheap and a short(ish) run to 70-80p territory is feasible.