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Sorry Ian, I just skim read the post and saw 7 years and thought it must be a lockdown extension.

We are doing okay - day 6 of strict lockdown in SA. For 21 days we can only leave our properties to go food shopping or go to the pharmacy/doctor (except essential workers). Even the essential workers need to apply for a permit to say their company and what they are doing. The government weren't even allowing people to buy booze or fags during the lockdown! They have now allowed people to buy cigarettes again provided they buy them along with some food items. The booze ban has caught out a few people - yesterday there was a FB ad on the Somerset West pages saying they would swap some 420 for a few bottles of wine - preferably Sauvignon Blanc (not an April fool honest, it was so funny that I made a screenshot before it was pulled). Maybe the admin didn't know what 420 meant as their post was live for almost 50 minutes before it was removed! The funniest thing was they got a reply saying they didn't have any wine but could swap it for some cash...

Toyota have been working on a new lean burn engine using hydrogen rather than petrol or diesel. It sounds like they got the technology right. The bad thing is they don't need to use Pt or Pd as they don't need catalytic converters!

This could really kill the Pd demand and the price will plummet. The only good thing is the technology is 5 years off so hopefully somebody can persuade Putin to reduce the 7 year lockdown that Ian mentioned. Scary times...
https://www.youtube.com/watch?v=SLSvT_2ocDQ

Expecting positive growth in the 2019 results. Lots of director buys in September at between 80p and 97p seems to show they are happy with the performance of LUCE. I was hoping to see it back above 80p again tomorrow if good results released.

groudle, are you sure they have been postponed? I thought it was only this year's interim results that were being postponed.

PDMSPiper, get my money back LOL in my dreams!!! I've already mentally written off this investment as my stake in MTFB is so low. As I'm 99% down now I'd be happy getting 5% of my investment back and if an Iclaprim sale returned 10% of my initial investment I'd be dancing in the streets even though that is currently illegal here! :-)

I'm living in South Africa and we are on 21 day full lockdown since midnight on Thursday. The SA definition of lockdown is much stricter than the UK. You cannot walk, jog, cycle or even take your dog for a walk on the streets here. Only food shops are open and people can only leave their house to go buy food, medication or seek medical attention. Even if people are living in flats or security complexes with communal grounds they cannot go out walking their dogs in the communal area according to police minister Cele. You need to stick to your house or private garden for exercising or dog walking and if you don't have one than the dog is supposed to do it's business in your house or flat! Luckily we have a big walled garden of over an acre for the dogs and kids to run about in!

PDMSPiper, LOL even predictive text on smartphones is changing worth to worry with a MTFB holding!

I'm also one of the unlucky ones who bought in before the St Valentine's day disaster and lost 99% of my investment. It isn't worth selling up as the current value of the holding wouldn't even buy my family lunch at a restaurant.

Let's hope a buyer sees Iclaprim as worth buying from MTFB and we get a big bounce.

Lamtree, having a laugh on a BB is one thing. IMO your posts are going too far now. We've had all the personal insults before until one of our friends left (again).

I suggest you go for a long walk before continuing on making jokes about mental illness. Some of us could end up with mental issues before COVID-19 lockdown is over...

Well there are so many "bargains" out there, as some shares have lost 50% or more since the fun and games with COVID-19 started. There are a few questions that I'm asking when looking to buy in:
1) Buy low and sell high to make money. How do you predict/guess when a particular share is at or near the low?
2) After COVID-19 some sectors are going to recover quicker than others. Which sectors are like to bounce back big to recover the big loss during COVID-19?
3) What FTSE100 companies are worth buying now and tucking away for the long-term?

I currently have LUCE, KIE, MTRO, IAG, MTFB and SAGA. LUCE is the only 1 in profit - bought at 47p as my short-term recovery share. My buy signal was it hit 30% of the year high and felt it was oversold when bought in at 47p - share kept falling and bottom was 40p. This is a very volatile small cap company with a big dedicated manufacturing plant in China (around 500 miles from Wuhan and no workers seem to be affected by the virus). Have set a limit sell at 83p to bank a 75% profit. I've previously traded LUCE last year and banked 50%+ profit on it.

KIE is a bit underwater (111p average) and I think this will recover fast as about 80% of the KIE sites seem to be still operating. IMO bargain current price.

IAG is good bet long-term and tempted to buy more below 200p. How much below 200p the share will reach is the gamble if want to hold short-term. IMO good long-term hold.

Other shares are very speculative at the moment - could rocket or could plummet depending on events and market sentiment. TBH I would buy more SAGA shares but MTRO is looking like a dog now! MTFB is a dead duck unless they find somebody to buy their antibiotic Iclaprim. 99% down on this one!

Lamtree, so you only posted you would short at 4p to emphasize that your EUA research didn't inspire confidence and you weren't unlucky enough to follow through.

I was did a few EUA trades from November through until suspension. Initially got in a 2.45p and sold roughly 35% of my holdings at 6.22p. Initial plan was to buy back in again at 5.77p but price kept on going up. I hold 47,777 shares at 3.5p average, so had just over a 100% paper profit when EUA suspended. I'm still 100% happy to be in EUA right now and look forward to their next RNS...

Lamtree, we can only speculate why the directors are staying away from social media. Hopefully the directors are now in the latter stages of negotiation a sale with one of the buyers and want to bring this for a shareholder vote rather than keeping in touch with shareholders via social media.

You now are taking a big interest in a share that you aren't invested in. Why is this? Boredom, you enjoy winding people up or you took on a short position? You did mention on this BB that you would be taking on a short position if the price hit 4p. Would you like to confirm if this was just talk to wind another poster up or did you follow through on your statement? Come on, Lamtree spill the beans!

But lamtree, EUA will not be expecting a member of Joe public to buy them out. That is probably why they attended the Mining Indaba in South Africa and PDAC in Canada. They were mixing with the people in the mining industry...

It is funny how people have "favourite" shares that they keep buying into as well as "dog" shares. I bought into BT at around 300p and it was downhill all the way! I finally bit the bullet and turned a paper loss into a real one at 230p ish. I had other stocks that helped make up the BT loss. I've watched it falling and thinking that BT must turn the corner sometime. TBH I still am still nervous about BT and would rather buy VOD (and the people shorting MTRO apparently also bought into VOD this week). If we say VOD is about 115p and BT is 130p, what do you think the upside price of BT is by the end of the year? Is there a possibility of VOD recovering quicker and catching up with the BT price? I haven't looked that much into VOD but as I say BT has been a "dog" share for me so far!

I got into LUCE over a year ago. Initially tried catching a falling knife and bought in too high (61p) and it kept falling to 32p ish (cannot remember from the top of my head). I've bought and sold a few times last year and banked over 50% on LUCE. It is quite a volatile share - big movements and there aren't many "free" shares to trade as the CEO and employees have a pool of shares.

Business wise LUCECO make LED bulbs as well as decent LED fixtures. They sell to wholesalers and also seem to have a division where they can do the lighting design and specification for clients (possibly win contracts for HS2 stations?) They also own British General that make consumer units, circuit breakers, electrical sockets etc. BG are a middle of the road product - not highly priced like Hager or MK but do the job.

South Africa goes into full lockdown from midnight tonight. Nobody is allowed to leave their house to go for a walk, jog or cycle now unless they can convince the police that they were on their way to do food shopping or to visit a pharmacy or seek medical help.

They are even banning people from walking their dogs in the streets. I love this quote from the police minister Bheki Cele “We had discussions and agreed that there shall be no walking of dogs,” Cele said. “If you really want to walk your dog, do it around your house – it ends there.”

I bought some LUCE recently for just under 47p and the next day could have sold them for a 50%+ profit. I held on to them and they are about 16% up today. I've set a limit sell for low 83p to see if I get lucky in the next couple of weeks and bank a 75% profit. I need some luck to recoup some money since COVID-19 as all my other shares are either suspended or well underwater now!

What sort of detox were they offering you? :-)
I take it predictive text changed Dettol to detox.

We are going into 21 day lockdown in South Africa from midnight tomorrow and the police minister appears to be taking lockdown seriously. People who haven't built up a decent supply of cigarettes and alcohol are going to going through an enforced detox as there is a total selling ban on them during the lockdown because they aren't essential food items. Even if you are stopped during the lockdown with alcohol in your vehicle you will be arrested and could get up to 6 months in jail. The health minister said you could go for a jog or walk your dog, but the police minister has announced today that there will be no dog walking "except in the house".
https://www.heraldlive.co.za/news/2020-03-25-there-shall-be-no-dogs-that-will-be-walked-bheki-cele/

Hopefully these tough restrictions will reduce the further spread of the virus. There are currently 709 confirmed cases, although test results are taking about 1 week here so the true figure will be much higher in reality.

We only have tomorrow now to top up on any "medication" to see us through the next 21 days. I have a feeling some of the people who have been bulk buying hand sanitiser here will be doing some taste testing if they run out of booze...

Theosus, those braais in the video are the ones that are fitted to maybe 50% of the houses here (and even new build flats). They are normally built into a brick wall and have a chimney to take the smoke away. Some of the houses even have 2 braais - one in the garden for summer and 1 either inside or in an undercover lapa so they can also cook in inclement weather. The house we bought didn't have a built-in braai so I bought a stainless steel braai with a removable cover (sometimes called a kettle braai). These portable braais are pretty bad for smoke as most of it blows into your clothes. With the built-in ones the majority of the smoke blows up the chimney so are a bit more user-friendly. I can see why they normally fit them to the balcony of flats.

The wood they were using was imported Port Jackson and that sounded exotic. Port Jackson and Gum trees are invaders from Australia and they are considered as an invasive species. Land owners sometimes let people chop the trees down and cart the wood away for free. It is a win-win, as the landowner gets rid of the trees (although the roots are still there) and the workers get free firewood to use or to sell on.

5 quid short of 20 grand for a gas BBQ - they must be having a laugh! I was going to buy a gas stainless steel BBQ here in South Africa but the guys here take their BBQs here (known as braais) seriously. Here virtually everybody braais using charcoal or wood and people just laughed when I wanted to buy a gas braai. I must admit the charcoal gives the meat a nice smokey flavour, but I've never been to a braai where the host used a gas braai to see if the flavour is the same. Using charcoal and wood takes much longer - you need to leave it for 40-60 minutes after lighting it before the flames have died down and the grid is at cooking temperature.

I imagine all the auto buys at 08:44 and 08:45 are actually sells:
23-Mar-20 08:55:09 40.30 2,657 Buy* 1,071 A
23-Mar-20 08:54:59 40.20 5,646 Buy* 2,270 A
23-Mar-20 08:54:59 40.15 2,361 Sell* 947.94 A
23-Mar-20 08:54:58 40.15 2,500 Buy* 1,004 A
23-Mar-20 08:54:58 40.15 7,500 Buy* 3,011 A
23-Mar-20 08:54:53 40.15 500 Buy* 200.75 A
23-Mar-20 08:54:50 39.30 110 Buy* 43.23 A
23-Mar-20 08:54:50 39.00 1,252 Buy* 488.28 A
23-Mar-20 08:54:50 39.00 1 Buy* 0.39 A
23-Mar-20 08:54:39 43.20 1 Buy* 0.43 UT

The bid/offer spread was about 9% for an hour or so whilst the price plummeted. I'm not sure what was going on here - I thought the price was trigger stop losses but they all auto deals. Also deals trading a single share?

There are worse things than feeling lost at sea.

These crew members are in quarantine at Cape Town harbour aboard the MV Corona! https://www.timeslive.co.za/news/south-africa/2020-03-17-mayday-coronavirus-case-suspected-aboard-the-good-ship-corona

I guess these guys take the "bravest shipmates" crown when they set off last week! :-)