Member Info for Pandy2

Am I wrong in thinking that we/somone has to be able to get the oil out of the ground for this share to be worth anything? So if we or anyone else can't get any out then it's worth nothing? I'm not trying to stir. Just been stuck in loads of shares that people always ramp and say how it's just a matter of time. However, in reality it's just a matter of time before the share goes bust. This sp is performing like many an AIM share. Surely if things were looking good, it would not be declining so quickly? :)

I've not been following this too much as it's too depressing. I'm sorry but isn't the price of I'll pretty irrelevant if we don't / can't get any it is the ground!? I know it's more feasible and larger profits if it's higher but if nothing comes out it doesn't really matter. Am I missing something??

On holiday? I think t.y.m have been on holiday for a few years. Looking forward to news of another placing shortly so they can continue their long paid holiday. Those expecting good news. I bloody hope you're right but I suspect not I'm afraid.

Pretty much what you said DaveWin. AIM boards get away with pretty much anything, people on these boards for some reason or another constantly stick up for them and when they go bust they just disappear. The board and people on here! This could be .5p and they’ll still be people talking about the 10 trillion barrels of oil we have and how undervalued it is. Just the way it is. We aren’t told what’s going on. When we are it’s too late. Just a gamble and not paying off at the moment. Still time but I’m with you. Not sure why people are so easy on these people we pay a lot of money to that seem not to be delivering any value and any positive results. Also they say they’re now on for a bonus, pending results and people call this a win win. Maybe, just maybe they say this sort of thing so when there’s another placing people ignore this and think we must be about to hit a high sp otherwise why would the board have said this? Maybe because they know that as long as the company is running them they’re getting paid!?

400k! Is that right!? Looks like we're all mugs and he's laughing at our considerable expense!

Share looks like it's going one way. I have bought over £6000 during the last few years and they're now worth a little over £1000. I'll see how it plays out but I've done enough averaging down thank you very much and can't see this ship turning anytime soon.

I think you probably are but I hope your craziness pays off!

So have you bailed then? Seems like everything is plummeting at the moment. My portfolio is down 25% in 3 months and it was already 60-70% down before that!

To be honest I'm just gonna leave it in here and see what happens. Did plenty of research before I bought some and it hasn't really gone to plan so will just see what happens. Me spending hours researching won't make any difference to the S.P. I know it's a strange way of investing but I've realised that I'm pretty bad at picking shares and they've all either gone down or bankrupt so I'll just stick with what I have and leave it at that and hope that one pays off.

I get the first part of what you say but if I'm honest I don't know anything about Armstrong. All I know is that the news wasn't great last time I checked in and the sp has halved since then and is in a downward spiral. I only really care about the sp.

Why does it actually matter what the price is? If we aren't getting anything out of the ground then it's pretty irrelevant really! Start seeing some oil then the price will tell us whether it's viable or not. Haven't looked in here for a couple of months but I'm assuming nothing's changed apart from the sp?

So why are you jumping ship? You've said plenty of positives in your post. Is it because you think all is not as it seems?

We will see Carla. I’ve been here for years and the share price is pretty much at its lowest and only going one way. I expect this to continue but hope I’m wrong. Needs to move up a long long way for me so pr tty much given up on this one. As well as most of my other over ramped/hyped AIM shares in here. Maybe some placing to pay the wages for a few more years then bye bye Mosman? Seems to be the usual pattern.

Ha. This share is losing people money. Will this be deleted? All my shares are loosing today and old faithful TYM hasn't let me down Report that! ;)

Well at least we can pay for their wages for a short while longer. Makes me feel warm inside. This is going one way and Ive been saying that for a long time now. :(

Just having a quick look at one of my favourite shares (worth about 7% of my original investment) and not surprised to see this fall and fall. I see you’ve spoken with Richard and you were happy with his responses. What exactly did you expect him to say? He surely wouldn’t say anything negative to you would he? Sorry, but I do not share your optimism. I look at the charts and that’s what’s important right now. I hope I’m wrong.

Reminds me of qpp when you say that and that did not end well at all.

Keep the dream alive hey! I wish I shared your optimism but I've been here way to long. What the fine employees of tym actually do, I do not know. What they get paid for it I also don't know but I'm happy to have paid for them to have their holidays. ;)

Well I'm £9000+ down on this little beauty. Haven't even read the RNS or email. AIM is a joke like I've said for the past couple of years so good luck anyone invested!

This is one of my best aim shares. I'm only looking at about a 200% jump from here to nearly be even! Fingers crossed. :)