focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Total Lithium addict. Can't believe petite market size. Talk about having the seeds for a beanstalk!
What did they say?
And solid. In my opinion to multibag. Global efficaceous products.
If a man has one share of VIY today worth 0.2p then how much will it be worth on Friday as NIPT? And then...?
Amen
Sometimes they delay huge buys: Due Diligence. I have the same problem with sells. Earlier today I bought 15 million shares but had to break it down into smaller buys. Some still not through.
you paid 1.23? I spotted this at 0.17 and hesitated. Bought in and confident.
Pull its genes down.
It was just a glitch at Barclays on their system. Sorry all.
Why?
equally ruthless view but he seemed vaguely optimistic about this. If all goes to plan and that business is refinanced at the price its management team it should be refinanced at, Vialogy will still own 60% of that business which would be worth $15 million ( £9 million) – i.e., c three times the current Enterprise value. Do I think that will happen? No. If it does then happy days. But realistically I still expect that via a smart RTO Adam Reynolds and his team will create value. And I am greatly encouraged by the Bulletin Boards which serve as a great contra indicator. With the shares now rising and fundamentals is much better than they have been for eons the mood seems almost universally bearish. Having called Vialogy 100% wrong all the way down, I now have complete faith in the same folks to call it 100% wrong on the upside as well. And so this is both a comment about psychology and a share tip from me. The long letter element is the observation about human psychology as seen in financial markets.
Vialogy - a lesson in investor psychology and a share to buy says Tom Winnifrith Do you know how to trade this most volatile of stocks? Er..no we don’t either. I tipped this stock on my Nifty Fifty website I run with Steve Moore on Monday at a 0.19p offer price. The shares are now 0.2-0.23p and are nothing if not volatile. For more than a year I was a bear of AIM listed oil technology company Vialogy (LSE:VIY). Despite years of non-delivery, of management greed and the fact that it was obviously running out of money Bulletin Board posters abused me all the way down from 2.5p to 0.4p and generally stood by the board. In the end I bought a few shares which I still own, went along to the AGM and “played up” – there was very quick boardroom change in response to “the terror.” At the time of that AGM Vialogy’’s then chairman (Terry “Junk” Bond) was forced, eventually, to admit that his company would be bust within six weeks or so. But still on balance the BBs gave old Junk some benefit of the doubt to the very end. I have not looked at the Vialogy Bulletin Boards for some weeks but had a quick glance today. Things have changed for the firm. A placing ( and open offer to give existing punters upside) at 0.1p has left the firm with £1.5 million net cash so there is no question of it going bust within weeks. It now has a new proven management team headed by Adam Reynolds. And it has a clear purpose, to buy a profitable support services business or range of businesses. The new management team put in a lot of their own cash to the placing which did not involve bucket shops as the BB’s implied so there has been sod all “flipping.” Shareholders know that for the new board to really cash in they need the shares to trade at above 0.5p for 30 consecutive days so that generous option packages kick in. I chatted to Reynolds the other day and there are just two things on his mind: finding and securing a good target and getting the shares to 0.5p. I know that he is working his socks off to achieve that. And the market seems to thinks so too. The shares are steadily creeping up from 0.14p a week or so ago to 0.2p in the middle today. They were 0.28p on Monday. So I hold my existing shares (a very few) and rather more picked up in the placing. Volumes are enough that I could flip but I cannot see why I should want to at anywhere near this price. With a market cap of sub £5 million anything could happen and I trust a management team whose interests are 100% aligned with mine to deliver some pretty decent gains from here. Personally I write off the legacy oil services business and I had rather expected Adam to take a
Has totally changed his view and today stated that VIY is a psychological buy. He has thrown total confidence behind Adam.
Medicines, yes. But not confident on company regulations and structuring. Buy cheap sell high understood. That's about it.
Just joined the shareholding with 2200000 shares. I like the ethics here.
Long, short or hold. That's the game. Possible huge wins, losses or evens. Taking one parameter out wouldn't work for the market. However, by all means thump fraudulent shorters hard.
Silly really, but I hesitated with pig iron....so heavy to schlap around. Whereas gold or rarer minerals are more valuable by the oz. Yet at this price and with the coke nearby it's like being in a lucky dip. As every one is a winner.
That so many investors have not looked into the potential of this firm. The writing is on the wall of what international governments need for the human race in the near future. An interest of 7, 500 is a joke. Oh well, more for us.
Barrow load for me. Building nicely with avge 10.75. Am I doing this incorrectly?
Don't take any notice. 100000k buy was mine.