Member Info for nomlungu

it is bad

https://www.bloomberg.com/news/articles/2019-08-23/trump-says-he-s-raising-tariffs-on-china-after-its-retaliation?srnd=premium-europe

post recommended

'too lazy to research?'

What is wrong with quoting from the 17 July RNS?

This is bad - people will be withdrawing funds next week. Cascading coins make lots of noise.

https://www.scmp.com/news/china/article/3024178/dow-sinks-400-points-donald-trump-responds-fresh-tariffs-china

And then the RNS goes on to state:

'Unaudited EBITDA was a loss of £1.0 million, compared to a loss of £2.4 million for the same period in 2018 and a loss of £1.4 million for the second half of 2018. These reduced losses reflect the success of the Company's efforts to reduce the overall cost base while growing revenues.

Net cash as at 30 June 2019 was £1.5 million. Net cash as at 31 December 2018 was £2.1 million.'

Trade wars - this is getting messy...

“We hope China and the United States will resolve differences in a manner acceptable to both sides on the premise of mutual respect, equality, good faith, and consistency of words and deeds,” it said. White House economic adviser Larry Kudlow said deputy-level negotiators from the US and China held a ‘very constructive’ teleconference on Wednesday.

White House economic adviser Larry Kudlow said deputy-level negotiators from the US and China held a ‘very constructive’ teleconference on Wednesday. “The two sides are expected to actively build a new balanced, inclusive and win-win China-US economic and trade order, jointly safeguard, reform and improve the multilateral trading system, and promote win-win cooperation with other countries in the world,” it said.

https://www.scmp.com/news/china/diplomacy/article/3024153/china-announces-fresh-tariffs-us75-billion-us-products

And POTUS is threatening to go bat5hit later before getting ready to fly to the G7:

https://www.bloomberg.com/news/articles/2019-08-23/trump-asks-who-s-bigger-u-s-enemy-fed-s-powell-or-china-s-xi?srnd=premium-europe

Some people seem to have scammed themselves...

Some thought that someone who was rich was going to make them rich by riding on his coat-tails. Greed seems to have overtaken logic by some. I expect that many of the some were in profit at one stage.

Lesson to learn might be to take profit when you can on AIM.

DYOR etc

The last time people were posting that they could not sell was just before the EHGO fiasco.

What's the phrase? Either "lightning does not strike twice in the same place" or "the Postman always rings twice"?

12 percent up and people cannot sell? Freddy is right to highlight what appears to be a false market.

More blows in the trade wars:

https://www.politico.com/story/2019/08/23/china-tariffs-us-trade-1472541

An interesting VOX article:

https://www.vox.com/the-highlight/2019/8/21/20694768/home-health-aides-elder-care

https://www.un.org/en/development/desa/population/publications/pdf/ageing/WPA2017_Highlights.pdf

How you profit from this is complicated, especially with the recent drop in the value of the Pound. Why spend Pounds off shore if you expect the Pound to strengthen if Boris walks away from the Cliff?

#brexit

HMRC are supposed to process research and development (R&D) tax credit claims for SMEs within 28 days - it now nearly 2 months since the RNS dated 25/6 that Valirx 'expects to receive a R&D tax credit of £400,000 from HMRC in July 2019'. Will they announce receipt of the tax credit?

The same RNS stated that expect 'to shortly receive proceeds of approximately £150,000 from the sale of an unlisted security'. Will they update the market on what they have sold, for how much and that they have received the funds.

So news should be expected on both points.

On the 23rd of June they announced a new Broker that unfortunately went into administration - if they wanted another Broker then they might want another Broker. Will another be announced?

Everybody knows that the 'Company's working capital position is dependent on new funds being made available to it and it continues to manage its working capital position carefully.'

And then there is the next Shares Investor Evening (Edinburgh) in 3 weeks time [12 September] - surely there should be some sort of an announcement about at least one of the compounds to wet the appetite of potential new investors?

Seeing as it is Friday tomorrow why not add in some mushy peas, chips, vinegar and some fried Cod?

Interesting Article:

https://spectrum.ieee.org/biomedical/devices/this-maglev-heart-could-keep-cardiac-patients-alive

I am already fixed with Titanium parts so why not a heart if I need one when I am old and decrepit...

For those who indulge my thoughts:

https://www.bloomberg.com/search?query=Wir%20schaffen%20das

https://duckduckgo.com/?q=Wir+schaffen+das&iar=news&ia=news

Good luck walking the rocky road over the next 71 days.

https://news.sky.com/politics

Thank you Angela - the £ might go up tomorrow.

Tut Tut...

The data may have been mishandled and shared - if so, bad bad bad. Or, you inadvertently shared the data without realising the onerous terms and conditions?

Either which way it is a grievous transgression of trust in my opinion.

#egregious

'bite the hand off'

Another red day. Can you imagine the shareholders blood that would be let if forward selling is shown to be true? ValJu's comment about 'clear capital markets' does not inspire confidence in sharing personal data when attending Investor Events.

Terrible to see the continual decline. I had a look at the 2 year charts:

ANGS 29p
UKOG 7.4p

Both are Penny shares now. I have bought speculative shares and won some and lost some but anyone who has held onto this dream as a LTH over the last 2 years has been bitterly disappointed.

The light touch approach adopted by the Government could be questioned by some... Cutting red tape whilst running down HM Courts & Tribunals Service has given fertile ground for some.

They have been upping their billboard campaign:

https://twitter.com/ByDonkeys

Get ready for more Brexit fun - maybe time to buy some WHR if it fits your tax profile (warehouse rental prices have gone up recently).

https://www.motherjones.com/crime-justice/2019/08/four-mass-shootings-plotted-by-young-white-men-have-been-thwarted-since-el-paso-authorities-say/

will boris be better than donald?