Member Info for MountTeide

Hahahahaha............You could go on tour with material like that !
Clueless, totally clueless!

Strewth .......where do I start? Its like teaching kids in a Kindergarten!
I'd stick to National Lottery scratch cards son .......you're way out your depth, leave equity investment to the grown ups !
I'm not claiming that the Management of AE/Sugih carried out fraud .....the Indonesian Prosecutor General, various global Investment Banks, Indonesian Pensions Funds etc are !!! And that their actions drove Sugih into Administration and suspension from the IDX Stock Exchange - which they now want to bring a $500m IPO to, while having no verifiable assets and barely two brass farthings in cash, while fighting writs alleging they carried out an $89m bank fraud!

The SE Asian Business press say the management of both companies are the same it was purely a name change.

If that is incorrect perhaps you could direct us to where we can verify it ?

Auternum Energy

'Aeturnum Energy is one of the fastest growing independent energy firms in the world, delivering bespoke energy solutions to over 100 trading partners globally. Partners include some of the most reputable companies in the energy industry, ranging from oil majors to international traders and National oil companies.

AE works collaboratively with suppliers and customers to provide integrated trading products and logistics solutions and financing services to market participants, connecting international upstream suppliers to downstream customers across Asia.

With a solid financial track record, AE has proven strong relationships with internationally recognised financial institutions and large commercial Asian banks including the likes of Societe Generale, ING, Standard Chartered Bank, Citibank, China Citic Bank, Habib Bank, Industrial and Commercial Bank of China (ICBC), Natixis etc.'

You could be excused for thinking this was a well dressed up advertising piece written by Aeturnum's expensive PR consultants for their Company Brochure!

In fact its Tony Manini's DD piece in the RNS dated 25th March 2020 - Asiamet Secures Strategic Investment and Development Partner

Where Tony personally provides shareholders with a detailed explanation of the company Asia Met's Board had, after careful consideration and 'exhaustive DD', chosen as a Partner to develop the KSK Asset through a $500m Indonesian Stock Exchange IPO!

'I do think this is a bit of an over reaction although I personally am not impressed with both sides and communication has been poor since the promised update session recently.'

Breathtaking hypocrisy considering the positive communication you were relaying since you joined LSE last summer!
A few snippets from the rich smorgasbord of material you shamelessly posted since joining LSE as an ARS management shill, along with Sue"I dont speak to peasants" Gale and 'Sling', both of whom opened LSE accounts very recently to post just on ARS, and from their post timings appear to be based in Australia - probably another two management shills sitting in Manini's Offices at shareholders expense . Both have disappeared faster than morning mist today.

'What do you think Asiamet have been doing during the last 6 months of diligence?' Very little !
"Just to add - likely for some PR to be released this week, they are very keen - no concerns whatsoever on AE, months and months of due diligence has been completed, ARS couldn't be more comfortable with all aspects of the deal / future.'
Oh the benefit of hindsight !
'Wheels are in motion - Grab a bargain, double digits are not far away.' Speaks for itself !
'2021 will without a doubt be a VERY profitable year for shareholders, likely in Q1/Q2 also!'
Yes, AE must be delighted with purchase of 20% of the company at 0.9p a share - a multi-bagger !'
'Ignore the rubbish MT has been spouting - I doubt he will be around for long.'' Modesty prevents any comment.

What should be concentrating Manini's mind should not just be trying to resurrect the PTWIN deal for which AE are already in breach but, also his Plan B for how he is going to keep the lights on in the months ahead.

After carrying out his "Exhaustive DD" it would not be surprising if Manini has been spending money freely in the breathtakingly naive expectation that he will soon have another £50m in ARS's coffers with which to keep him in the lifestyle he has become accustomed to over the last 5 years at shareholders expense.

Cash was very tight before Manini gave AE 20% of the company for £1.8m less fees....considerable time has since elapsed, and lawyers fees etc for this type of 'deal' will be very substantial, considering its complexity and time taken to set it up.

AIMHO/DYOR

Today's news begs the question I raised some weeks ago ..... was all the selling at circa 5.5p to 6.0p the shysters at AE taking a 6 bagger on the 20% the clueless Manini gifted to them at 0.9p?

AIMHO/DYOR

You can always trust Manini to miss yet another business development timeline target - when will the man ever learn the first rule of running a publicly quoted company:

Never **** off the market or your owners - and if you do, rectify it quickly and make sure you dont do it again!

Long term investors in ARS have had three years of this unacceptable behaviour towards the owners of the company who he continues to largely treat with contempt.

The arrogance of the man is breathtaking.

Breathtakingly arrogant people like you unable to accept facts that fail to support your own blinkered narrative are better off investing in National Lottery Scratchcards as the returns would be better!

I am one of the few posters on Ad*fn topmost when I take out a new position or sell down an existing position.
To correct you when I sold my Asia Met holding it was around 4.7% of my portfolio !
My largest holding is 2.4m shares in TXP bought mostly about 3 years at 8.5p (apart from a few 7 figure top ups as the investment case continued to strengthen in 2020). Price today is 170p - yes, you read that right.

When did I claim I was on the inside ?
I have posted research information from many sources - The Indonesian stock exchange, Sugih Energy's RNS statements and financial reports and statements going back many years, mining sector journals, analysts notes, SE Asian business newspapers to name a few - not one as far as I'm aware has rescinded anything published about Aeturnum Energy/ Sugih Energy or management or, received writs from the company contesting the accuracy of the reports.....and remember 6 months after the Indonesian stock exchange suspended Sugih Energy for a failure to publish its 2018 financial statements or pay its fines, it resurfaced as a shady private company based in a Caribbean tax haven with a new name - Aeturnum Energy - an energy trading company with the same management and no verifiable assets, which within 6 months was in receipt of writs from a French Bank claiming to have been defrauded of $89m by its trading team.

Dear oh dear ......clueless, totally clueless .......please, please, please do some research ......PTWIN is a shell being used to raise $500m via an IPO on the Indonesian Stock Exchange from a group of Institutional Investors based on the strength of KSK asset, and the 'assets' of Aeturnum and the reputation of its management to to deliver stock market returns the exact opposite of what they achieved at Sugih for which the CEO is currently the subject of a criminal prosecution for securities fraud for which the Indonesian Prosecutor General is demanding a 18 year prison term !

Poster stockport on the TXP Ad*vfn thread suggested this week that :
'The reason most lose on Aim and moreso isnt because its to hard to make consistent gains, its the fact that the majority of people using these platforms are as thick as pig ****e.'
I couldn't possibly comment but what I do know is that you joined LSE two days ago and have made three posts ..... all on ARS and all childishly insulting me rather than debating the factual research I posted.
You remind me of the clueless, largely public sector illiberal left posters on the Guardian website......only get half the facts but think they know it all. With investing the more you know (knowledge and data) the more you realise how little you actually know !
Feel free to post whatever TA shirts you wish on my investments .........if you did any research, you'd find that I am alone in posting updates on the current short positions in each courtesy of Euroclear - I like to get the fullest picture of what is going continuously with all my investments.
I'm a long term investor and provided the investment case continues to strengthen like to average up using the opportunity provided by pullbacks.

Since when do you need a shareholding in a company to discuss the investment case on LSE ?
Since when was posting factual research banned on LSE ?
The positive to take from Manini's failure to communicate with the shareholders since 24th December 2020 is that, he has failed to communicate effectively with the owners/market or to hit a single business development timeline target in three years, so this is par for the course and in his DNA.
This appalling performance together with a failure to update the market for 20 months and counting of progress made with any of the 20 value enhancement measures they told the owners/ market they were carrying out to the BKM BFS, were behind much of the subsequent 94% collapse in the s/p.

AIMHO/DYOR

Agenda?
If high quality research rather than nauseatingly embarrassing management cheerleading were your specialist subject you might realise that you have been made to look a complete fool, by a management that has shown nothing but contempt for its shareholders for far too long.

When insults is all you have to offer it suggests your desperation is palpable and credibility shot.

The patronising behaviour and zero self awareness you have shamelessly used to mislead readers through countless posts on LSE, all cheerleading a management that failed to meet a single business development timeline target in three years sticks in the craw, and is why you have been called out for being a management shill.

You know very well that Manini and Bird's perfect record of failure is totally unacceptable because they set their OWN targets - its been a display of breathtaking arrogance towards the owners of the company, a company which they have increasingly made to look uninvestible and its shareholders fools!

The market were so impressed with the company's performance over the last there years it decided that if the management and its cheerleaders were determined to make the company look uninvestible it would price the equity accordingly - and did!

If you think giving 20% of the company away at a 94% discount to the s/p before the management decided to start 'monetising' the assets is the work of stock market genius you're sadly mistaken.

Asia Mets largest and only institutional investor of note the blue chip JP Morgan, were so 'impressed' with the management's performance, they elected to take a 72% haircut on the chin so keen were they to get out the exit door and not be associated with a management that had become an embarrassment to them.

You would do well to remember Manini's 30 million shares are worth £1.4 million - he's probably already taken more than that in shareholders cash out the company since 2015 .....so in reality they've cost him nothing.

When you're ready to act like a grown up and debate the pro's and con's of this S&P agreement rather than throw childish insults around like confetti at researched facts that fail to support your management cheerleading narrative I'd be only to pleased to debate with you.

In the meantime, how about replying to the entirely legitimate concerns the market has about this agreement with Aeturnum ....I've published my research which seems to support the market's view to date.

Provide us with your research on Aeturnum and its management's suitability to execute a deal for ARS's KSK assets, which even if they were to successfully pull off the IPO, will still mean that most of ARS's value will be tied up in an investment in WIN, which going by Sugih's previous performance at running commodity exploration and production businesses is anything but a comforting thought!

I see Jadestone as my low risk banker - expect it to be a multi $billion dollar company in 3-5 years time - the management has used there expertise as second phase oil field operators without equal to previously build two O&G companies from scratch that were subsequently sold for more than $5bn each - Paul Blakeley the CEO was encouraged to come out of early retirement by two high performing hedge funds (they hold 33% of JSE) to do the same with Jadestone. It would take a brave man to bet against him making it a hat trick.
SAVE like JSE(Montara) now has a low OPEX huge cash flow generating machine - its SE Nigerian Nat Gas business with revenues underwritten by the World Bank for 15 years. It is incredibly undervalued with huge growth prospects even before the game changing recent announcement of the approval to build Africa's largest deep water port and industrial city on its doorstep.
If I were an orphan I'd go 75%/25% JSE/SAVE - if i didn't need the money then 25%/75% - as I see a growth path for them both to reach 200p over a 3-5 year investment outlook.
AIMHO/DYOR

https://translate.google.co.uk/translate?hl=en&sl=id&u=https://www.alinea.id/nasional/kasasi-diterima-pt-emm-tidak-bisa-keruk-emas-beutong-aceh-b1ZMQ9ueI&prev=search&pto=aue

If it "will certainly result in a spike in share price. " you're at serious risk of acting on/publishing inside information and giving financial advice !

The factual accuracy of that comment is abysmal.
After all, what better way to avoid a difficult question than simply to answer a different question altogether or use insults? And to keep on answering a different question, without embarrassment, no matter how many times the difficult question is asked?
Ask yourself this - why does the market continue to agree with my view?
You've earned the award of being one of a handful of people I now have on filter!

Ross - long time no hear ! Hope you're well !
Are you still holding your TXP shares?
Miton's 81% $16m profit on the last placing in November at 95p is a stunning return.

Shadow - You could go on tour with material like that !
If you hung that quote in the Louvre, professional investors would come for miles to stare at it, in silent wonder!
After all, what better way to avoid a difficult question than simply to answer a different question altogether? And to keep on answering a different question, without embarrassment, no matter how many times the difficult question is asked?