Member Info for mrcautious

After 9 years of AIM investing I have concluded that almost all AIM shares are dog-poo..

I havent posted for a while as I am distracted by other things as you would imagine, so I would say its a great situation for the useless board having the attention taken off their carpyness for the national emergency we are going through !

As I am allergic to monosodium glutamate all Chinese takeawys are bad for me, but I havent had Covid 19 yet, but you are correct markets will bounce back and those that kept their powder dry will benefit - some greatly like some of the US senators that forward sold !

degsie - I dont know what you did for a career but you should be in politics ! And as for the downside argument I said "i dont think there is a downside at 1p when I bought a block then these are dangerous words to speak when you are talking about this bunch - anyway I wont go on I am exhausted with discussing what a bad company this is !

Well if they doing all of this smart dealing which you are crediting them with, will they not have to report it in their accounts statement if they have made cash or will they just share the profits out over the kitchen table ?

Typo I meant DS !

DC particularly irritates me as I find it impossible to see what he does other than draw a salary and report every intimate detail of whats going on to his bussom buddy Lenigas...In fact this company has too big a board for its MCAP and business, they could easily lose 1 head - physically would be nice !

Bannor - I hear you, put it this way their strategy can be nothing more than keep the payroll going. Why cant we force an EGM and/or call for KM's resignation ? Nobody here wants to gang up on the board...

Good way of putting it MJM...All these BAD AIM companies do the same thing, ie take things to the brink to keep the lights on and the stock in play, whilst just keeping people interested enough to stay in, buy more or trade the stock, look at CASP they are masters of explosion and jam tomorrow over 6 years !
I now dont honestly think there are many or any rampers on this board, which ordinarily would be nice but instead it shows the shear hopelessness will Amapa fix it -- looking increasingly unlikely...

Troll meaning - Someone who see's this share as what it is and not what the day traders/rampers want you to see.
This was cat poo -- now it seems only to be cat poo ! How quickly people forget in AIM that this was 1.3p a year ago and even higher if you go back further...

Oh - I see it now 7.4% so the twats have been selling these to keep the lights on !

What was our original holding, cant remember TBH ?

CC - I apologise for my opinion differing to yours its how life is in a non-totalitarian environment !

Ivy - I never ever want to gloat at anyone's loss and indeed I dont want to do this now. However I do remember how you bounced into this share with so much confidence in what you felt the proposition was and at the time I couldn't believe your optimism and confidence. By this time I and many others were at a considerable loss position and I was amazed at your posts. But now I'm glad you can see what a shower of dung this companies management really is and why we could not have done more to force them out. Fact is though, when you look at SXX, any share with large PI and little II holdings can have anything done by its board, SXX has been sold at a huge loss to most PI's and they could not do anything about it, just as we can do nothing about the cancer that is the board of Cadence. Because they arent doing anything (we know of) against market regs, they can go on forever milking us. The only thing we could do is all sell at a huge loss just to collapse the share and i cant see this happening....

Now why did I think this share would fare well in the current market environment ?????

Alf - I have an almost exact same view as yourself. I see you have also stolen my 'share that cried wolf' comment - but thats okay ! This seems to be going down the same route as so many other AIM shares. The MCAP is still high for what we have here, they are making dubious acquisitions for junk that we dont know the 'real' value of. More shares in issue of course. I do think there is profit to be made at these levels, but do I think it is an explosive share investment - probably no.
People think they have researched this and think they know what they are talking about, but the reality is that AIM shares like this can never be more that vaguely researched as you dont know what curved balls will get thrown - eg Boaty McDrill . No one saw this coming outside of the board and anyone who says they did is a liar IMO...
I saw the comments earlier about winding up the board, the fact is you cant let the rampers take over the board just because they dont like a differing opinion the theirs !

Why is this still being traded ? Surely the only way is to hold for a fixed price or sell near the known fixed price ?

My experience of POXI/CASP is that it is always a "keep them on the hook" RNS as usual JAM the day after tomorrow and by the way we just bought some rusty metal that is supposedly valuable !

As I've said before no real point venting about Carver its his overlords that are the scamsters...

Actually did sell the cheapest of my holding a few days ago but hey I dont have to explain my every trade to this BB like some of the 'just topped up cus im a smartar$e brigade', we are in difficult market conditions but I think I can deploy the money from this bullshine share to better effect..No whinging just action here.....