Member Info for MrMagorium

Well await the TR1 to see how true a 30k holding at the current price is. More likely a 30k investment when the SP was in the 6p region. That would be worth what, 2k now?

Reardon, IMO they grabbed the 10% to start park a tank on the lawn. It's cost them what 15-20k? Peel are a 128 million market cap business. It's a drop in the ocean to them; they do this for a living.

PH know upon announcement of a TR1 the SP is going to Spike one way or the either, be that up or down, depending on the action they decide.

For me, they are a fly on the wall, and will wait IMO, until the very death. That's the point the take it or leave it will arise, as I mentioned before.

Until the BOD are removed, this company is seriously a massive risk. These are the same individuals who oversaw a share price fall from circa 90p down to the value it is today.

IMO, PH may have a plan, but if they do, I believe it will highly likely not be aligned to shareholders here.

If I was to put my gut feel on a number, I would say nothing more than a 100k distribution. That's a best case scenario in my view though, but the alternative could be zero.

AIMHO, GLA

Beware the particular botty sniffer, who spends his days on the days biggest fallers, taking a small position and trying to double his money, before having an evening supper of kebab and can of Tennents Super.

Winner, winner, chicken dinner 🐔

This feels to me like it is just being pumped and dumped now. Is the reason that there's are no TR1's, because people are dumping just as quickly as they are buying?

My big question is, what are the remaining directors doing with the cash? Are investors not concerned, that individuals not aligned with undertaking an RTO could be running this purposefully into the ground?

My personal opinion on Peel, is that they have taken a position by means of getting a first dibs on this just as it runs out of cash.

At that point, most people will be thankful of whatever is on offer, vs a value of what the current directors appear to be working towards. That's zero IMO.

Agreed Andy, but there are some roulette spinners out there who will be inclined to take a position here.

It's not investing, there's nothing sophisticated about what they do. Just pure pump and dumpers trying to make a quick double bubble.

Interesting read Dave.

Seems to hint at quite a few tailwinds, regarding freight to the US costing a third of what it did last year, price increases and a move towards profitability this year.

Let's get the funding update and hopefully up this can go!

Not sure, but over the last few days EISB appear to be posting more on LinkedIn, announcing new routes to market in US territories including (Amazon US, Southern Spirits, Royal Batch)

If they are agreeing such commercial arrangements, then one can assume that the party they are dealing with, has confidence that EIBC can deliver on required inventory requirements to make these arrangements viable to both parties.

Still a concern no RNS on funding yet though, as it's price sensitive info and does need relaying to shareholders. That announcement is what PI are waiting for.

Terrible media coverage this is getting at present...

What's more interesting is that only the surface seems to have been scratched with others now coming forward, divulging their complaints about the toxic culture they exprrienced. Culture change won't happen overnight and things get worse before they get better.

Looks to me like the house of cards could be on it's way down, with all this scrutiny.

How many episodes of pre-recorded z list celebrities eating a camels appendage is going to improve ratings?

Itsarm gamblers plowing their profits into here it would seem. All great until someone loses their shirt.

I know that they indicated in an RNS that an imminent announcement would be made on the company's funding position and that was 3 weeks ago. Since then, nothing but silence.

What does that say? To me, it's a cause for concern.

Hopefully you all get your 0.2p per share, one way or another!

That's not iron clad Lporter. If you look back at the companies history they've promised a variety of different amounts from 0.9p downwards.

Anyone investing down here should be doing so, preparing to potentially lose the lot.

How long will these end up being suspended for though? I guess there is an opportunity cost with locking up capital here for a 0.2p return, when you could deploy that capital elsewhere and make a decent return (or lose the lot, depending on how proficient an investor you are).

My broker won't allow any purchases, and hasn't done for weeks.

Always the same folk in those telegram groups. Once I see them; a company becomes an instant bargepole.

Yes, if I specifically referred to the performance over the last 6 months you would be right, however I stated "few months". Lowest circ 51p in April, so that's a 45% gain on today's price.

Anyway, back to your speciality; which is the pink sheets on the verge of bankruptcy, looking for a P&D.

Sometimes it's good to take a break, as they say.

My pleasure Neil, its always good seeing your friendly face on the days worst performers list. 888 holdings has done well over the last few months or so, they own William Hill, whom I'm sure you may have heard of.

Oh dear, I sense a take it or leave it is going to be on the table soon... not looking good.

Following the recent placing at 3p everything has now gone completely quiet and SP has dropped to an all time low - sub 3p. Big things were on the horizon according to social media, now, almost instantly silence. I've bailed, as I've learnt from these situations before...