Member Info for PC01

I still don't really understand where you are coming from S8...'bands presence has me petrified'...all points towards a short position rather than doubling down your long...I am an unashamed optimist...have put an outsized position on...and hope that the view promulgated by Alaric and co is there or thereabouts...but what are you? Are you really invested? Did you really double down...or do you just play on here for ****s n giggles...it matters actually not a jot, so more out of interest than anything else...

I think we may have scared S8 away judging by today's price action....fingers crossed she's sold her shares, otherwise she won't be half grumpy again today!

You were warned dear S8...losing money once in SLE could be deemed unfortunate, twice is looking more like carelessness...I also suggested that you should sell rather than hold given the likely impact on your sanity further losses would incur given the high esteem in which you hold the company and its board! If you could possibly just sell now and leave the believers to enjoy the future whatever it holds...but if SLE is a zero I would so much rather we could then wallow in our misery without you!
The fact that oil is -30% and all oil stock large, great and small have fallen between 10 and 50% I imagine escsoes your notice?
Oh and the Eroton hedge - who knows might look prescient if Mr D Trump can persuade the Saudis to dump more oil!

I'm afraid that's right - and kinda what I was alluding to earlier in the week...you can't have a broader market in freefall and expect a story stock such as this to remain immune - especially an AIM stock where most things are being hammered...we can all recounts til the cows come home what might happen and where value lies...but in febrile times like this, market makers are not going to warehouse the stock...so the price moves to where the balance of buyers and sellers exists...in fairness, apart from the capital raising of a few weeks ago - who of this board has committed more of their own funds to buying shares down at these levels...given how 'depressed' they seem...and abundantly clear it is a v small amount...as I said earlier in the week, for all those wishing they'd got the nod at 8.5p, now's your chance...there is stock about and leave an 8.5p bid with your broker a good chance to accumulate..is it the low...no one knows...until we get the next newsflow that changes the investment thesis...back to patience and mental strength to withstand a drop in the SP to the next clearing level...wheresoever that maybe...

The key is 'losses'...$700bn of losses...that is money that was made and ramped up by the smart...and lost by the gullible...in this case I think the 'real economy'...so its $700bn of money that is not around to be spent on the real economy...to reiterate its not money that has been taken out...it is money that has been lost!
Agreed on rat poison tho...!

In the absence of any fresh news in CPX and seeing the SP sitting (hopefully coiled like a spring!)...I discovered the answer to one of the more pressing questions I've had...Crypto losses this year now total $780bn...which is 1% of global GDP...if anyone is wondering what has happened to derail the global economy, I wonder if it is this vignette...its an extraordinary number...the only surprise given my stock picking skills this year, is how come I didn't own any ? Good weekend all.

I'm glad its money u can afford to lose...i guess any investment we make should be considered that...its more a case of why, when you would seem so fervently to believe tis throwing good money after bad! I mean - you might as well enjoy losing your money...the old adage of 'spend it on fast cars, women and champagne and rest I waste' springs to mind...but this is weird...as you seem to want it to fail....ho hum...
PS band never too far away...

It does, truly, remain one of the great mysteries of modern investing how someone so disappointed in how a company is run and how its performed - having been burnt once and lost a great majority of her stake - should invest further when she is so troubled by the board, the company and the asset. Its almost impossible to understand why you would torture yourself twice, S8? I mean, if we are wrong and the SP falls to zero...we will have lost 100% ...like you...but you will have lost 100% twice...and will be, I imagine doubly cross...unless, of course, the S stands for Silas, the catholic character in the Da Vinci code who liked to whip himself daily....still, i remain deeply puzzled by your investment in SLE.

In the audited results from October 17th - 'Not included in the cash reserves is the Federal Government R&D tax rebate which is expected to be approximately A$1.60m (February 2018: A$1.52m) with these funds expected to be received during December 2018.'....

Gosh its quiet - SLE stock holding in very well when compared to all other oil co's (producing and exploring)...no mention of the share buyback...so as S8 would call me a member of the band, I have to assume what Alaric has been alluding to, or something similar is going on...the absence of any announcement of a stock buyback, given what went before should, in old SLE 1.0 terms, have resulted in a sharply lower share price...this time, rien, zero, zilch...so no sellers and defo a buyer on the drop in to the 25p area...
So what's up...personally i think we are going to find out at what price SunTrust have sold their shares...and I still think it was 45p to ensure no court case...even if they had no legs to stand on...and then who knows - but the longer the silence, the more optimistic I get, especially in the absence of a falling SP which the 30% fall in OIL could well have predicated...

To those who missed or wanted the chance of an 8.5p load up - its here today...

To those that felt that CPX would be immune to the global markets, i would suggest this move lower would contradict you.

Its days and weeks like these that test the mettle!

Haha - accepted - just persuade your mate CJ the same and we can all move on.

All that you say is so true ...plentiful catalysts but a sceptical audience I guess ...

Re patent cases - it may well be Chinese whispers but when the company was meeting with investors post results they defo said they had 6 cases...or so I was led to understand - equally I was writing some nonsense on here about the 5th November being an important date and that hasn’t transpired!

Absolutely Newuncle - defo good enough for them. But not YET enough for a market re-rating! That will come at some stage.

Morning kencarv - on your email...as you may well be the same person as ClaretJay (the sort of thing you accuse all others of being) you might need to log out of that email account into the one you gave me...I know you will say the same as CJ - oh its not proof etc, could've been written by anyone, muppet, troll and all other nonsense that you spout...but i think you will agree privately if not on here so you don't need to lose face that you have the info you need.
i also wanted to come back to the point of valuation -
For the past 6 years, CPX has traded in a 3p to 18p range...with the spikes higher on expectations of great surges in orders etc being met by fades as the market (not you or me, but the market) has said show me the money...and its interesting that the 3 recent spikes in 2017 and 2018 have actually gone to lower highs, so 18p, 15p and 13p...so each time the euphoria that's kicked in has been met by an increasingly questioning audience...eg I (the market) am not going to believe this latest news will change the cashflow until you actually prove it...so why do I talk about £20mm revenues, 25% margin, £5 profit, 10x rating...because for 6 years CPX has tried to rally on no discernible improvement in FCF...when it does, the re-rating will happen...so the money recently raised I truly HOPE will be used to increase production to improve income so that the company can become profitable...because there is only so long that the market will give the company the benefit of the doubt...thus why we trade at 9p - sadly - rather than 20p - which is where we might have been forgiven for expecting it to be given the announcements of the last 6 months...enjoy the day chaps, look forward to the banter next week...and just let me know kencarv you go the email ok.

That’s easy - cos I know nothing about the dept if defence energy storage contract...
Listen I think we all - well B.B. apart - want great things for this company. We r agreed on that. But what PR OS and myself want is a degree of circumspection... by all means get excited about the future - there’s a lot to be excited by - but plse stop the arrant nonsense that this share is a 10 bagger...it might be ...one day...but we r miles from there.
Remember simple maths...revenues £20mm ...25% margin...£5mm profit...10x multiple...£50mm valuation...20p SP...we r sadly still some time away from the £20mm revenues.

Ok - bumblebee is defo negative ..OS is a retired accountant forensic scientist type but I truly believe is invested..P R has a slightly less optimist view of CPX but look at his posts - generically optimistic without getting carried away. Without getting too mathematical about it. It’s about 300k!
Yes I believe 6 patent cases.
Now last thing - and I appreciate concern truly i do - thus why I emailed my details against advice to CJ - whether he’s prepared to admit it or not...but the SP will look after itself. Sure if I post on here COX is a dud some fool might sell his shares and equally if I try and ramp the SP someone might be...but the SP will truly only rise and fall / and more pertinently hold onto those gains or losses when orders etc turn into cash flow.
This is an AIM stock - subject to rumour and chat. But the reason it can’t hold onto gains when it rallies is because it hasn’t yet turned a profit.
To reiterate - I love the company, I have huge faith in the CEO. I am deeply optimistic. I’m also 10% down! Nite nite

‘Send CJ your driving license’ - really - read your comment again - who made you the board’s policeman? Want my passport, inside leg measurement ? Lordy...ah...you are CJ ? Talk about dual log ins...that makes a lot of sense...oh and I love the comment ‘we welcome your input ‘ ...so self confessed policeman and arbiter of what is allowed to be written.
Tragic.
When shall we discuss the lost automobile contract ? That couldn’t be filled because of a lack of capacity? I know so much more about this company - remain very happily invested and refuse to let self appointed twits like you to set the agenda.

I do appreciate - having looked at the sent email - that it’s not the clearest - but CJ..there are about 4 documents or pieces to the email and no 2 v clearly stipulates the purchase of stock at 8.5p.
This is v important - you simply cannot continue to throw accusations at OS BB myself and PR...we truly are not the same... and tho BB might want a lower SP the rest of us don’t.
I don’t want to fight - it’s so boring - I’d love a 30p SP but it ain’t going to be a pushover. And if you want to know about the fact that there are 6 court - patent cases...I can help !

That the trolls OS, myself, Private Ryan and Bumblebee - are we one? Or not.. bumble bee is bearish in CPX - whilst I am not and OS is optimistic but really would like to see some cash flow. If any of you really think that the idiotic comments on here persuade anyone to buy or sell - well that really would be sad.
I sent a perfectly sensible email to ClaretJay yesterday - and he has lied to all the rest of the board. The email clearly shows my holding and the stock at I bought at 8.5p but it truly doesn’t suit his narrative! I remain deeply optimistic about CPX - indeed I spent most of this morning in meetings about CPX. I disagree wholeheartedly with Bumblebee and equally have a great deal if sympathy with OS...and no we are not the same 4 people you sad lot. ClaretJay have a good look at yourself...ok numpty is harsh but your behaviour on this board deserves stronger words. Good weekend all.