Member Info for Pacman121

it's what happened last time.....

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Could well be...

It's not been officially confirmed who the contract is with yet. But the news leak apparently holds a lot of weight so it must be very positive. Also some speculation on new side projects to bring in additional revenue. Next update should take this to the next level.

Yep, gotta be in to win!!

and more have been recorded as buys than sells. I've looked at the trades today and yes some buys have been recorded as sells and vice versa. Looking closely at the numbers it was about 50 50. So a 19% rise does not seem warranted. Of course this is AIM so we take it on the chin. But you need to look at how the numbers come in. We had a bullish start which did not stimulate the market, but the equal value of sells caused a retrace. You can't argue with the valuation the market puts on a share price - all you can do is look for patterns in the move. News is out- and it really is good news for the company and its shareholders alike. The market doesn't always realise what it has (AFPO's price barely moved for a week/5 trading sessions) then after the weekend it exploded first thing Monday morning. Profit here from 0.6 to 1.3 is huge and people will run to bank it if they see it slipping away (me included) - this is a pattern of trading AIM. Look at SQZ, hit 9.9p, back to 8.25p, then a rocket to 12.25p today. Fantastic but it will retrace while people who got in at 5p bank profits regardless of the opportunity there. Its the right thing to do. In short ADSS cant put something in an RNS related to Share price movement that couldn't have affected it materially - that's just not how it works. They could explain that something has been misinterpreted or affected the SP for the wrong reason etc, and give a caution with regard to trading, but they could not specify a particular activity (Ethiopian Potash) unless something further is highly likely to be announced. All points to further news coming very short term. Any growing business needing potash moving around wont have the luxury of waiting. Given the connection of the Board member between AFPO and ADSS, and the way AFPO very cleverly released an onslaught of updates to bridge a rising SP I dare say a few lessons have been learned. We'll see.

Yesterdays RNS: 'As noted in the Company's interim results announcement on 17 September 2015, in light of the current state of the oil and gas market, the Company continues to implement initiatives aimed at further diversifying the Company's offering and identifying new sectors of operation. In particular the Company is targeting increased workflow arising from potash development in Ethiopia'. So, normally after there is a sharp rise in a share price the company will release an RNS stating whether or not it knows for a reason for the price movement. If they say they know of no reason the share price tanks and everyone blames it on the rumor and the rampers etc. However, the case here is that absolutely no denial was made. Whether or not the company will want us to know of a potential potash deal, if the information has leaked into the market they are not allowed to deny it in a mandatory 'regulated news update - RNS'. And so what did they tell us is that they are involved in a potash deal in Ethiopia. This follows through from the previous RNS: 'Company's business in Ethiopia has been improving. Contracts with MAJOR POTASH PROJECT DEVELOPERS have been negotiated and renewed as they look to advance their exploration and mining operations. The Ethiopian business pipeline is also improving in the natural resource and infrastructure spaces. With the pick-up in activity in Ethiopia and also ongoing operations in Tanzania much of the Company's resources have been diverted from Kenya'. They also confirmed a new contract in the RNS prior to this one. It all fits in nicely. Many are fixed on the cash burn the company 'had'. The answer is YES they DID have a high cash burn because they had a massive infrastructure turning over $40million a year in revenues. You cant do this on a small cash burn. However the company has stated twice now that it has dramatically reduced its costs: 'Company has conducted a full review of operations in Kenya and dramatically reduced costs and overheads to preserve the balance sheet whilst maintaining a presence to ensure the capabilities are in place to deliver these potentially transformational projects when the time arises or market sentiment changes' The cash burn is not as critical as has been conveyed. Also they have c£29million in assets on which finance can be secured. This will easily buy them a year if not 2 should they need to do it, and again has been communicated in the last but one RNS. The companies SP plummeted like everyone else's in their field due to the price of oil collapsing. They have diversified and reassigned their resources to more favorable and rewarding contracts. If they get a half decent one then they are back in the game, and it sounds like they do - if they get several then this will be transformational. People are still concerned about 'rumor' If it was rumor then the RNS today would have said 'there is no reason for the rise'. It didn't because their is a reason

Does anyone else find this new style thread really annoying?

Can't get much on the offer. MM's attempted to accumulate this morning. It didn't work. That is a market mechanic sign. SP will comfortably surpass yesterdays high.

many newbies have obviously sold here looking for a cheaper entry. There is a way to short shares - selling followed by uncoordinated comments after 5 minutes in a stock with potentially no research or understanding of a company nor its strategy and direction is risky business, particularly if ur also rubbish at trading. If you've sold out too early - and I expect this is the case on many counts here looking at the comments and today's 496 trades, then tough. You made this call, if you know what you are doing then you will stand by your decision for the reasons or rules you applied. If it was the wrong one deal with it and don't make the same mistake again- you will do better next time. No one wins them all. Try to play with some integrity. Win quietly, lose eloquently, post respectfully.

Will b a massive gap up here in the morning if they get enough. Volume and trend is your friend :)

I'm not sure how many investors were involved in the fund raising but I guess they sold out in time for that last RNS. It makes sense the Narobi exchange responded that quickly to upcoming news given it probably has more leaks than AIM. Rise could be new investors picking up shares in the 52week low region. Bear in mind they are closer to news so will get the whispers quicker. 5.65 yesterday and 8% today are pretty big positive moves. Lets see if they continue.

finished 5.63% up today. Interesting as they were dropping c10% a day since Tuesday. Most aggressive drop we've seen since the initial drop to 0.5p in July when it held most of its value with an equivalent SP of 7.6p! Will be interesting to see how that exchange moves pre and post news going forward. I wonder if its movement will be a direct precursor as was the case this week, and no I don't think it was a coincidence. We've had the bad RNS - extremely downbeat, the neutral RNS - basically a repeat and loaded with potential positives. We now await the good RNS - basically a positive update pertaining to any of the deals mentioned in yesterdays update. They need to get public with some interviews and they owe it to shareholders to do so soon.

I guess the fear levels vary here.

Originally funds were going to last till around March at initial burn. They have substantially reduced costs and so....... it will last substantially longer. Its all in the RNS's. Also ADSS are diversifying. AFPO were dead in the water trying to fund their potash project, then they thought 'how about we just drive everyone else's potash about for a commission?' A couple of video's later and a few cleverly worded RNS's and interviews and they have done 1000% off their 52 week low of 0.31p. It really doesn't take much in this market.

• Platform put in place to deliver a full spectrum of services, the Company was able to build a business that was generating both revenue and a significant pipeline of opportunities. • Initiatives implementes aimed at further diversifying the Company's offering, identifying new sectors of operation, targeting additional jurisdictions and reducing costs. • Company's business in Ethiopia has been improving. Contracts with major potash project developers (AFPO connection???) have been negotiated and renewed as they look to advance their exploration and mining operations. The Ethiopian business pipeline is also improving in the natural resource and infrastructure spaces. • With the pick-up in activity in Ethiopia and also ongoing operations in Tanzania much of the Company's resources have been diverted from Kenya. • A number of recent cases contracts were agreed but terms then adjusted by the clients, causing the work to be unprofitable and therefore unattractive to the Company. Could these be re-negotiated? • The Company has been successful in expanding its sectoral coverage and has tendered for a number of substantial and transformational infrastructure projects – subject to political variables. • Company has conducted a full review of operations in Kenya and dramatically reduced costs and overheads to preserve the balance sheet whilst maintaining a presence to ensure the capabilities are in place to deliver these potentially transformational projects when the time arises or market sentiment changes. • At 30 June 2015 the Company had cash and cash equivalents of US$6.1m. Current MC c£3.1mil • Board is in discussion with a number of asset financing banks with regards to potential acquisitions and expansion opportunities. • Further afield the Company has been approached by a number of parties about potentially forming joint ventures with regard to the provision of wide ranging support services, particularly in the oil and gas space. Additionally there are a number of businesses which require the expertise that we can offer as regards restructuring and delivering an international standard offering. The Board is assessing a number of opportunities in this context in jurisdictions which are newly opening up for oil and gas, where our ability to operate in challenging environments is recognised and valued. • Primary London listing and dual listing in Kenya the Company is seen as having strong credentials and therefore an attractive operational partner.

Burn will be a lot less now due to further restructuring and existing contracts remaining profitable. Potash contracts to follow and if they can negotiate more favorable terms on some of the other contracts then cash in the bank will be preserved. Sounds like they had a number of contracts in negotiations but the clients were milking the oil situation. Ultimately these companies will need someone to do the work.

On a positive note, the Company's business in Ethiopia has been improving. Contracts with major potash project developers have been negotiated and renewed as they look to advance their exploration and mining operations. The Ethiopian business pipeline is also improving in the natural resource and infrastructure spaces. With a positive market dynamic and a growth in requirements for international standard support services the Board is hopeful that the Ethiopian operations will generate positive returns. Further afield the Company has been approached by a number of parties about potentially forming joint ventures with regard to the provision of wide ranging support services, particularly in the oil and gas space. Additionally there are a number of businesses which require the expertise that we can offer as regards restructuring and delivering an international standard offering. The Board is assessing a number of opportunities in this context in jurisdictions which are newly opening up for oil and gas, where our ability to operate in challenging environments is recognised and valued. Furthermore, with our primary London listing and dual listing in Kenya the Company is seen as having strong credentials and therefore an attractive operational partner.