Member Info for Night_Watch

Fair value 38-42. People buying at these levels think this is magically going to be 80 by close.
Simply delusional.

Still over priced. Spread is up to 5.20!! - Too wide.
No immanent news.
This is 4 all day long and will fall over next 2-4-6 weeks.

Smurfff - most realistic and sensible view I've seen on this board.

"wouldnt want to be out over the weekend though could news could land anytime i guess" - Comedy Gold.
Frustration as previous comments today, PR team is beyond a joke ACP.
They predicted the ML before elections October 2020. Almost a year later.
No news flow in between other than twitter updates on commodity prices. Close to being done from the company would mean months not days or weeks.
Solicitors are uselessly slow t the best of times.
So definitely out of this over the weekend!

Trading range at 5 year high.
The company is not producing profit (quantifiable results year on year) and success hinges on a lot of variables with open-ended timelines.
Dummies guide to valuing stocks this is a gamble as could easily drop, no forward momentum i.e. positive news. Past performance suggest retraces of up to 20-30%. You want to apply the low in value with high as possible exit value. I certainly see long term value in this stock. Entry timing is crucial for a number of reasons at these values this is over priced.
Same old 'Kabunga is selling' - what a load of nonsense. Pi's are also buy/sell.

Hardly. Last time I checked this was a discussion board?

Depends where they're in terms of discussions, I guess it will need to go through layers of red tape approval. No doubt the lawyers will stretch timeline.
Anywhere up to 3-6 months. Similar to guessing the length of a string.
Evidently this will retrace to find a new bottom, certainly feel this is nowhere near it.

Amtech - I doubt it from experience.
This always hits highs, people get impatient then we see 10-20% retrace. Just freed up £50,000 keeping it on standby for a re-entry much lower.

This follows the same draw down as Capita before results. Gets manipulated so the big boys can fill their pockets.
The company statement outlines needing $60 + which they have maintained in excess of this figure consistently over period.
Going to get ready to start buying up! - Any lower drops i'll top up its free money.

The ceiling for value added news is now 6.
Not enough momentum to push this over, unless finance is agreed which should super charge the SP.
As their is no official finance timeline I anticipate this will trickle back into 4's. Based on experience of ACP being shockingly bad at updates and no idea of accurately predicting timelines. Having traded in and out of this and most recently not making very much. Will sit in cash and monitor.

Tempted to pull out of here beyond fed up. ZZZzzzz!
ACP are useless as conveyancing solicitors with material news flow updates.

I sold out just before pushing through 50.
Think this potentially may fall back into 30's.

Armadale Crapital

A lot of assumptions on here as usual.
Fact is Matt Bull and his cronies got everyone in last year on before election ML expectation.
Yet their updates and reporting are amateur at best.
I very much doubt the team at ACP could manage a process even if it sat on their faces!

Definitely going to add consistently over an extended period. Recovery on the horizon.

Written to investor relations, their communication resembles a local authority.
Lazy, not bothered and totally useless. These guys are amateurs of the highest degree.
If this gets altitude surely everyone would need to be replaced with far more competent individuals.

Aimtodeath - clearly talking out of your behind, "So anyone whinging had the wrong expectation to start with."
The (expectations) were given to investors by ACP! If you read the thread the last few posts mention this and not just 'whinging' as you put it.

"If you look at any MLs on the portal the least is about 8 months but many are a year and over from submission to signed off." - So exactly why did ACP state Oct 2020 and blatantly lie.
Stop harping on about the background seller. The SP is not being supported because nothing is driving upward momentum i.e. news. You can't tell me Matt or Twat had some super persuasive powers where he could circumvent a lengthy process and deliver a ML in a matter of months?

Muck-165 - FYI It took PEK over 16 months to obtain ML.
ACP submitted 16th June 2020! with a view it would be though October.
Like anyone I'm extremely frustrated. MB has really been misleading, going to monitor with a view to pull out the share unless material news gets issued soon.

Lack of volume is down to people getting impatient. They promised timescales of October before elections.
Almost a year later nothing, other than posting stupid commodity prices and statistics of long term growth in sector.
Matt needs to pull a rabbit out of his hat and FAST.

Merger or Acquisition even better.
Starting to gain momentum.