Member Info for NoelShempsky

Thanks upomega. I am with II. If you say that your broker doesn't have that in their T&Cs, I will switch to them.

Actually it was in 2020 when I spotted that n the T&Cs, I really must check to see that it is still there, although I doubt that they would have dropped it.

So I was being ridiculous was I Spike?

"do some serious due diligence on investment platforms before you use them, or stick below the £50,000 FSCS limit.

The former is very hard for ordinary investors and the latter is problematic."

from -

https://www.dailymail.co.uk/money/diyinvesting/article-6015945/Are-investments-pension-protected-platform-folds.html

"Would I lose my pension if my investing platform goes bust?

Whilst I fully understand the risk of my investments, I was not aware I could lose the pension if the platform company failed. Is this really the case? What are the dangers investors need to know about?

... a separate pensions management company suggested to me it was at risk if the platform company goes bust ...

from -

https://www.dailymail.co.uk/money/pensions/article-8074867/Would-lose-pension-investing-platform-goes-bust.html

There was something I meant to mention - and this reminded me "completely ring fenced".

I am with a broker that I know others on this board are too, in the T&Cs mention "participate in any shortfall", and it says that if there is a problem with short selling a stock, then they will take shares off all the other customers who hold that stock to cover the shortfall - they spread the shortfall across every one holding the stock. If you are with that broker, go to the T&C's and search for "participate in any shortfall" or possibly "participate in a shortfall".

Thanks for the replies. I was seeking information from people more knowledgeable than myself.

To me, that is what these boards are for - debate and discussion, passing on information, etc.

"you will see a little spike."

Been no spike? As usual from one of the scoundrels - denial and lies. Up by 14% - I know it's not as big as others have been, but it's a spike. In a few days when the sp is under 0.5p, take look at the price chart and you will a little spike.

Great results eh Johnyy. These look great to me too - you must have missed them -

Revenues increased 73% to £5.2m (2018: £3.0m)

Gross margin increased significantly to 44% (2018: 31%) driven by favourable revenue mix and strong services utilisation

£3.2m future contracted revenues (2018: £2.3m) of which £1.1m (2018: £0.7m) was deferred income

Debt free with cash balances of £2.4m (2018: £0.9m) following successful institutional share subscription in November 2018

Loss per share reduced by 53% to 0.58p (2018: 1.24p)

Shareholders' funds £7.6m (2018: £5.3m)

Strong performance from our core business, Falanx Cyber buoyed by the successful integration and contribution of First Base acquisition

Management team strengthened and well placed for next stage of growth

50% growth in the Managed Service Providers ("MSPs") channel since the start of the current year

Those are quotes from the Annual results for the year ended 31 March 2019, released on 19 September 2019 - and those results caused the sp to jump to 2.175p. Shortly afterwards, the sp was below the price on the day those results came out.

I present this merely to show what I mean by a spike that fizzles out. Will a similar move happen again? I don't know for certain, but I think it will.

I don't like taking too much notice of KWN, it is full of sensationalist stuff and makes forecasts that never happen, but look at the last week - there are big things happening in the financial world.

"Global Markets Face A Legitimate Risk Of Systemic Collapse"
https://kingworldnews.com/global-markets-face-a-legitimate-risk-of-systemic-collapse/

Let's enjoy the thought of the drilling results sending the DELT sp to 15p or even 20p. Great, but your custodian goes bust in the crash and your shares are gone - poof, nothing left. Could that happen?

See my previous post which says - custodial risk applies to any stocks held in online accounts.

Have you read the Terms & Conditions of your online account in fine detail and seen how custodial risk might affect you?

Has anyone done that? The reason I raise this issue is to ask what others think about the risk - is it as serious as I believe to be.

"will leave these in the sock drawer" - sometimes things in the sock drawer get eaten away by moths.

Lots of selling, so it looks as though I will be proved right about a spike that fizzles out.

No1plasterer - I'm sorry to say that you must have been taken in by all the hot air on this board from the rampers who are always trying to talk it up.

As for "Shouldn't the SP rise on spud next month ??" - yes, it should. Look back on this board - you will see that I warned people not to be taken in by the constant ramping. I said that the sp will rise, but not until we get positive news such as the drilling results or news on new licences. That is why I am savagely attacked - for not agreeing with their "the only way is up" mantra.

The DELT sp is not directly linked to the gas price. DELT is an explorer and is not currently selling gas however it is indirectly linked. Once the reserves are known then the value of the gas can be calculated and that is when the sp will shoot up.

3.2p as predicted. Now tell me I look foolish fairdealer.

I admit that the results have a lot of positive sounding phrases, but before you get too excited, take a look at ECSC and see if their pleasing results lifted the share price. I expect this to be another spike that will fizzle out.

?

Actually it was humourous. I expected someone to recognise that I had plagiarised John Cooper Clarke, but this will be over-shadowed by the results which have the words "strong growth".

and it wasn't a taunt, it was an invitation. You put a slant on all of my words.

I don't know how to sink to your level - but I'm learning from the examples you set.

"Putin has sabotaged" pipelines" - don't post misinformation Gustapeep - the CIA did it

fairdealer - you made a posting in which you said something about my posts making me look foolish. That post was a thinly disguised order from you telling me to shut up. I didn't obey your order Herr Fuhrer, and so you have started a campaign of harassment against me.

Your problem fairdealer is your arrogance. You expect people to obey your orders. Who do you think you are, the board policeman?

"Blimey a true psychic." - Gruyere - SnoopDoggy was right about the sp - perhaps about time you took a lesson from a psychic.

Add one more on to that count you're keeping fairdealer.