Member Info for Mould

Don't remember what I sold for, but 80 pound loss in 2 days was enough for me.

We're in the bear market now as the bull market is definitely over.

Does anyone know what's responsible for the recent drop?

I got the impression they don't care at all about investors and are just going to burn cash and then eventually go private (when the SP is in the pennies) or go broke. I lost 80 pounds on 2 small in and out trades and wont be touching this until the company returns a profit on the balance sheet.

how many shares do you have stonebroke?

This share is worth at least 200p. I expect the broker will upgrade their target once we get close to it.

I think this share could be a 10-12 bagger, once the PE ratio corrects to 10-12, similar to Camkids.

If this goes under 10p and stops drops dropping, I might load up 100 pounds worth of shares (yes, only 100 Pounds)

if you had bought QPP instead of Friday you'd be 24% up now. And NBU which I recommended to you is 7% up. Why hold onto a falling knife?

How do I select a cash dividend instead of Script? I have a nominee client account, do I ask the broker to do the paperwork for me?

https://www.youtube.com/watch?v=jYiISin83kc I'll buy back in, if this company shows any sign of making profit.

Stonebroke, transfer your mobile to NBU, at least they pay a good dividend. I don't think MPOW are ever going to pay a dividend, or make a profit. It's a London internet company just burning lots of cash. Belongs in the .dom bubble era. That's why I bailed.

for me, I am happy to risk 500 Pounds. I expect to see this priced realistically in coming years, 10 or 11 to 1 P to E ratio in line with the competitors. A 15 to 1 P to E ratio would be possible if they keep up this level of dividends.

lots of buys today at 57/58p, ask closed up @ 60p If it did fall to 55p I think I would probably buy some more ;)

Good way to tell if a company is a scam is, does it pay dividends? Most Chinese scams never pay a dividend. They've already raised their money on the stock market so there's no reason to pay dividends if there's a scam. Doubters should ask why are they still paying these big dividends if the cash pile is fiction? Naibu pay a very generous dividend, and they are not looking to raise more money on the market. Next dividend is due in December. This share is a bargain right now, the cheaper it gets the higher the dividend yield.

http://www.marketingweek.co.uk/news/chinese-sports-brand-eyes-western-markets/4000447.article

how many shares did you buy? my trade is here 14:06 57.875p 853 £493.67 my limit order was set for 59p, so I'm very happy to get them at this rate. This share is NOT a flip, it's a buy and hold.

I'm buying this share for the dividends (see google finance for dividend history). I do expect falls on the days dividends are paid, and also shorters are playing with it so there will be volatility. But it's pretty much on a 6 month low. This share is definitely a long termer, sentiment towards Chinese companies has to change, and that may be a long time. Note - the CEO paid 58.5p for his shares so I got a better price then him :) But he has collected dividends so hopefully there's more coming. RNS today refers to a december dividend, my understanding is you can take a cash dividend instead of scrip

Got my friends to do some due diligence in China, price is a steal today. Been waiting for an opportunity like this for some time :)

No pun intended!