Member Info for NicetoMichu

and Providence continues ticking nicely on up.. generally as well as off the back of this Interim CEO appointment news today.. and I'm shocked/amazed that logp is not doing similar.. eg I don't understand why logp is not somewhere in the .60's at least now?

Primorus getting involved here is a pleasant surprise, a great vote in favour of lnd.l in fairness..

I always had a 50m gbp MC as a low end benckhmark of companies that micro cap funds are generally prepared to buy into.. and, at less than half that market cap, I guessed that Institutional money would be extremely slow to come in here in the short term.. but perhaps they saw this s/p as such a bargin now that they couldn't resist - and versus fundamentals I agre that this s/p is now ludicrously low - and good to see.. but agreed that gutting the s/p still goes down against that acquisition..

(interesting post on option of directors exercising options mattja.. I'd over looked that angle of potential additional funding .. their out of the money currently but that can change as we go.. or they could still exercise out of the money options if they saw fit)

PS : as this is a broadly positive post by me I do not see this counting against my promise of posting little here.. indeed it's like a credit against one of my previous negative posts here ! ....continue at ease clappers :-)

Good luck steven49 and I get why you sold up here and I took plenty from your posting here. thanks !

(I came close to dumping all my small remaining holding here this week - those Salta DP Well costs scare me, and nearly broke my small remaining spirit here - but I just sold down one more tranche instead.. so only got a couple of grand left here now....and I know well I wouldnt be missed here if I sold out.. but fully understood on that .. )

ps having 5k gbp in here at 1.25p average is a bet i'd consider interesting here now.. even if markets stay bad for long..this would have to go close to 1 p for me to have a chance of getting such a bet live .. it may well not of course and sad for many here if it does .. but I'd only go for it here in circumstancs such as that, around now....

Sundry macro stuff is a majorly negative key driver here curently, alas.. but ditto AIM over - AIM all share Index has gone from 1300 ish to 875 ish over last 10 months for eg so, broadly speaking, everyone long AIM is suffering badly across their p/f's.. same for non AIM to a reasonable extent too, but, as ever, not nearly to the AIM extent -

....and Mr Colin Bird - once again - did indeed raise expectations up to too high too quickly.. as per his natural disposition and previous history.... but I guessed this to be the case this time round too and so was ok with selling tranches of these to take profits in the 6's , 5's and 4's.. but I'd not be selling any in the 3's .. and will just look to be patient and hopeful here around now..

( but still not quite feeling the urge for adding shares back here.. at least until I see hard core good news.. as markets poor to awful around now and everything can get dragged further and further down, as is the bear way of things....especially on the brutal - illiquid- AIM )

reasonable summary Sussex engineer .. but I'd add that there generally is a seasonal effect in sales as a rule here, and that my guess is Swingy won't be far off - a small bit too bullish maybe - with his prediction of annual sales of 200,000 t .. and given the revenue and profitability maths around that, 10-11p currently is just far too low a s/p for hmi.l.. so the markets being awful right now is a big factor in this s/p lowness imho.. eg in decent/good markets I think this s/p would be in the 14p -18p range now.. and how bad the markets might be in the second half of this year is a more a pressing question in my mind than will hmi.l broadly deliver what I expect in the second half.

or top up instead of locking away.. and in the 10'sp I just couldn't resist doing my first top up in ages here..
While I'm very cautious on overall market over summer, 10's p here was just too tempting for me to resist.. and if it goes lower again i'd add more again back too ( gutted as i am by the current share price, I believe strongly in this share now and have the patience and deepish pockets to take advantage of price weakness here generally )

I too bought small more here this morning.. and have now achieved a goal of getting my average into 50's p.. which given it was 80's - on a small bet only granted - not that long ago is fair going... also i've now funds ready to crank up my buying punchily if this goes into 30's p soon.. it may not of course and great if it doesn't .. but in this market anything can happen..

PS; The levels of quality posting on this board is much appreciated by me and - along side the fumdamentals and the low s/p currently - inspires me to make this a more punchy holding in my p/f generally

what share is that Soyo

There will be a very/extremely strong current year performance generally here, which is great news... and it's sad that we're in the 11 to 12 p range as I type... but the awfulness of the markets currently is a meaningful factor for all shares now, whatever .. and the fall from 16p ish to 13p ish ahead of results was really gutting for me.. I felt off the back of that that there would be s/p annoyance for me for a while here then, whatever ..

Generally, a great business /space/time going forward ...and now the 21 accounts are behind us It's all about the future, and that future is very bright indeed is the key thing here , so no chance of me selling any at this level - I sold 15% of my holding in the 15 to 17p range though as part of a risk off mode in my p/f towards having more cash around now .. and now wish it was 30% instead of 15% in truth, oh well - and if this goes lower again I'd feel compelled to add some back...

I'm surprised there hasn't been more s/p traction off the back of this Perenco announcement.. These guys are BIG, including, and hugely importantly big in Cameroon already.... The chances of Etinde getting to FID in next 6 months has MARKEDLY improved in my mind now... and I'm v surprised that this s/p isnt in the 5 to 10p range off the back of this news..more patience required is fine by me though.. and I now have a genuinely good feeling about this s/p in second half 2022.. and beyond...

Fine posting indeed Agricore.. and thanks Richard too...

The brilliant green credentials here should mean there are plenty just looking for an excuse to buy in.... and in spite of the battering the s/p is taking the market cap is still big enough for Micro Cap Institutional money too (50m ish gbp is a decent benchmark for the smallest market caps they'd be open to investing in.. and even at 40p s/p we'd still be in that ball park )

Yet this doggie is falling again today.. and towards doing my bit to help stop the rot I've just added a few more at 43p.. which is a pretty shockingly bad s/p to me.. and now moving towards the realms of record lows, alas..

It looks like there'll be a decent few hundred k's worth of trades going thru here today.. so its not being brought down on tiny volume either.. and no Holding RNS's recently to say who of size might be incrementally dumping.. so tricky to even have a stab at figuring out how low this might go...but i'd be ok with taking my chances of adding decently more again in 30's p, towards getting my average well into 50's p... and thereafter just hoping patience will then pay off here... it may not go to 30's p of course and great for the many suffering here if it doesn't ...

''Most if not all of us are here for the corporate transaction the bod have promised will happen in months''

When did the board promise us this ?????? JH2704 .. (As Wimbledon is on I'll a McEnroe gem.. ''YOU CANNOT BE SERIOUS'' )

...but I hope it works out like most of you guys are thinking (as I still have 50,000 shares of this doggie).. And it might do.. but total disregard for the opposite side of the debate on most all of the bull points plenty here make is extraordinary to me.. and I conclude, that many of the posters here just simply cannot have played AIM widely for any meaningful period of time..

PS: ''Don't sell the company + the warrants don't get exercised = future raise. '' from Samval is a obviously correct to me.. yet plenty here are probably thinking what is that guy talking about..

But very entertaining posting generally recently, in fairness

Providence flying again this morning.. I know it came off sharply for the placing but up over 50% in last few days now .. so got it all back and some.. and amazed this hasn't risen even somewhat in parellel..

The debt picture is - once again - becoming a FARCE here imho.

And it's the same olde same olde : Acquisition/Operational costs together sees this company continue to spend far too much money to achieve the outputs/revenues/'profitability' it does, full stop.

(again the lottery analogy: when the total cost of all the tickets bought is double the total prize funds on offer)

AC has indeed shown good deal making skills so far .. and hopefuly will continue in this vein, Marketgunslinger.

But a core driver of success for zen.l on it's Africa journey will be around Operational Competence of it and its chozen partners... And the first half of 2022 in that respect has been average at best imho.. or the poor side of average even.. eg Rob 1 was a poor to average average outcome versus expectations, Rob 3 will be at least 4 months late in starting activities versus the schedule outlined at beginning of the year and the recent major oil lift was for about half ? of what was previously outlined as the plan. ( Towards balance Italy is doing well operationally and Zen are generally new to Africa and Africa is a very tough place to get anything done 'on time', in fairness)

So while I'm gutted by the current s/p, from an operational competence perspective, I understand why it's this low.. especially when you layer on top that the key strategic deal that is/will be Tilipia is years? slower in achieving agreement than originally expected...

Oh well.. but I'm not going to sell any around now as I don't need to and also, the s/p is very low versus the macro asset picture.. but there are many shares in my p/f that I currently have higher hopes for in half 2 2022 than zen.l...

Not me buying today... but nice to see a rally here as the long suffering have suffered enough..

Maybe it's NoelS buying ? :-)

(I thought again about buying as this rally opened up .. but IES is getting canned today and so I decided to average down there instead.. the best stocks to range trade for me are ones I'm reasonably happy with as buy and holds too.. and so if the range trade goes badly that can become your default without sweat.. and I'm more comfortable with IES as buy and hold than this... but much chance involved, so who knows really..)

oh well.. and I'm back buying again here now... and indeed would buy bigger and bigger tranches the further on down it goes from here.. I'm a bit surprised this is punchily down today.. so thinking it may not go down much further ... and for the long suffering i hope it doesn't.... but I'm hoping you can't have too many of these if you're buying in 40's p or lower..

alas I don't know Moab ..
RNS news on this front seemed to dry up a year ish ago, I think - happy to stand corrected as I may have missed some news subsequently as I don't follow this share closely, as not a big bet on scheme of things fo me.. and apols if i'm out of date - around time of EU defence lawyer documentation submission to sym.l legal team earlier in 2021..

and should help Sales in Latam and beyond..
...and is a great precedent for more legal case oucomes in the pipeline..
I have plenty higher hopes for this share off the back of this RNS..

AC seems to be answering questions well about his strategic orientation / deal making via the co's Africa O&G deals so far.. the next key question is about Zen.l and its chosen expert partners implementation skills.. drilling/workover etc success the key one of those. and ROB -1 is disappointing in that respect imho.. but plenty more such implementation to come.. so here's hoping ..

( confidence in developing acquired assets successfully is hugely important tiowards gaining licences in first place... and zen.l's capability in this sense is, being nice about it, still an open one.. eg Tilapia licences would need a strong implementation team.... and it would be extremely helpful if zen.l shows this capability in Tunisia ASAP please...)