Member Info for pablo2

Got most of that, thanks. I can see more mm's wanting to buy is a good sign. Doesn't each mm give both a Bid and Ask price? Perhaps they do and you are saying that 5 of them are actually quoting the bid price as opposed to just below it. Perhaps they are offering just above the ask as well not encouraging Buyers? It's all slightly befuddling for my brain 'cause I've never watched/had L2 for more than a few demos. The mm's are obviously working the opposite way to us mortals, buying when we sell, etc - I've got that bit. How many mm's does JSJS have, 6? Am I right that each gives both prices? With the orders that queue up and you view them on L2, are they very instrumental? Most times I trade, I don't put in a limit or stop order but just trade instantly. Doesn't this instant trading account for 90% of trading particularly on Aim with mm's? (Know there are lots of other trading systems without mm's, e.g. SETS). Much appreciated if you've got the time to reply.

Could you please just explain these L2 terms again for me? 5-1 - I think that's saying there's 5 times as many people wanting shares?? or is it the amounts required? Bids over the the quoted price means? I'm L2 illiterate.

That question and there were other questions a year or two back on the whole validity of the company and whether it had the orchards(magazine article). Then there were massive suspicions around the huge dump of shares, 6m odd, by one of the Tongs a while back and wasn't there a finance director leaving quickly under strange circumstances too? Without looking up the exact facts, there has been a lot of controversy and accusations of fraud over the last 2 years. Presumably you are very happy with all the goings on you have unearthed? I'll keep tabs on your 'olderandwiser' handle to see if you come up with any other companies - are any London listed? (I often keep tabs on you and 'oldstockbroker' !!)

Thanks a million for all your info. Everything reads very well from your discussions. They are very cash rich and sounds like they're going to do something with it - personally I don't like share buybacks at all. Ramp up the new processing plant - sounds good - been waiting for this to kick in in our profits. Another project in mainland China sounds very likely. Thanks again - did you feel like raising your own personal investment after this meeting?

Interims out - reading well to me - could get a lift.

for some reason it's on the move again after the usual long wait - maybe the 3rd quarter results due mid-month may be stirring the (mini-)beast? When's our next divi? 'On April 4, 2013 the company paid a dividend of 0.58 cents per share totaling approximately $299,000.' - could do with a Special Divi again, that would be nice.

In fact the second part of the note is the most important, and my first part was 'My problem is NOT holding on to winners too long - nothing much to worry about with winners, i.e. really good companies, where a quick exit is not needed - e.g. APC - I was cursing not getting out on a spike to 36p and back to 31p next day - v.good company now at 57p!

I posted the same note to myself a couple of weeks ago - wise men think alike

Reckon you've had a good week (CNEL) - well done

Thanks for your words. Fair enough I was feeling rather negative and hoping this might have come up with some good news by now. Sp falling - I was right there, unfortunately. Extending the boundaries of the field - don't really see that anywhere in today's or earlier news - just seems to be delays interpreting the data - which is obviously NOT all good (see some similarities with US Oil & Gas delays here).

Not being too technical myself, just getting the general tone, it sounds as if, contrary to the presentations earlier in the year or 2012, the company has not found what it is looking for and is going to have to string everybody along for a lot longer yet. From the presentations, it seemed a Yes/No situation that would be resolved a.s.a.p. - don't like the mention of 2017 one bit 'to extend the exploration period of the PSC to the end of 2017.' nor the double entry of : 'the programme remains at an early stage in the exploration and appraisal phase of de-risking the project and accordingly each well will be fully evaluated before proceeding with the subsequent well.' Basically, it's taking forever - admit it. May get better news by 2017. Flat sp - flat on it's face more like. Oh, I see what you mean, it's already flat on it's face, so perhaps just more flat-lining then.

or is this going up!

an RNS - share options - so not of much interest!

When you see all those massive Blue numbers you think wow - but it is a little tempered by the sp we're multiplying by - lol. Looks like a good day making up for quite a few bad.

Summary of this week's trades: 17/10/13 08:56 0.32 484,164 O 0.3 0.45 Sell 0 484,164 0 16/10/13 15:51 0.37 675,000 O 0.35 0.45 Sell 0 1,319,164 0 16/10/13 13:06 0.4 100,000 O 0.4 0.45 Sell 0 644,164 0 16/10/13 13:06 0.4 60,000 O 0.4 0.45 Sell 0 544,164 0 16/10/13 08:11 0.41 484,164 O 0.4 0.45 Sell 0 484,164 0 15/10/13 16:29 0.4 500,000 O 0.4 0.45 Sell 0 500,000 0 14/10/13 08:39 0.4 134,740 O 0.4 0.5 Sell 0 134,740 0 14/10/13 08:39 0.4 134,740 O 0.4 0.5 ? 0 0 0 Doesn't make pretty viewing as all are Sells and the sp is sliding. Strangely 134,740 and 484,164 figures occur twice each indicating to me the same seller. Today's advertised spread of approximately 50% isn't exactly encouraging either. They indicated : "a very exciting time for the Company " and "We are extremely excited to have the support and leverage of our shareholders, including Jim Stewart, Mike Douglas and Stanhill Capital." in the recent Interims. The 'excitement' has hopefully not stopped because if this is what you call exciting I'd hate to be still in here when it gets dull. Savo - speak when there's another announcement, hopefully not 'suspension'.

Have been waiting for your return - not to gloat, but I like what you and 'olderandwiser' come up with. He's been away too. Was it you or olderandwiser who said they were going to HK soon and would engage with ACHL team? The sp still can't seem to get going at the moment - still diseased! I thought we'd make more of the 3rd processing plant that went online earlier in the year but did not create much waves.

I've been splashing around here a month or two now and waiting for the next big payout that Sea intimated a while back. Last time I was in here I sold the lot @ 36p trousering a few pennies. Same again I reckon.

of this share - don't know if anyone can be bothered giving a newcomer some sort of potted history. I see in March the massive placing @ 0.3p hammered the share halving the sp overnight. Also back in 2010 we were trading at 1.5p. Any chance of getting back to these levels(0.6p or 1.5p!) now that trading looks up, or are there so many more shares in issue now?

Who to - Mike lord?

Thought I might provoke a few responses - sorry to hear it hasn't worked out yet. 1p looks like as far back as Apr 2012 and before. RandonM - stayed up all night to get lucky. Anyway, we're all in now - looks like a few peeps are pulling out this morning either with a recent profit or cutting their long-term losses and running. Got to be great news yesterday and IMO that should propel further forward medium-term. Looks like I'm staying, though initial plan was quick 20% I admit.