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These CEOs are all the same. I've been here since the start with the usual old chestnut of 'Jam tomorrow' and so it goes on. A couple of year ago I did say that the SP would be about the same now as it was then and it is. I still hold but a very small amount...lost 6K but enough left of a decent 'Indian'!
The CEO's are only here to make money at our expense. In the early days S.O was a nice as pie. Plenty of chats on a personal basis and many updates, radio Interviews, etc. Once they're on a roll, they put their other hat on...salaries go up, Cash Calls/ Placings appear and then we are back to square one while they rake it in. It will fluctuate like this a for a long time, and the CEO's couldn't give a Monkey's about us because we're the Mugs that keep buy this Crock! Day Traders may do OK as this is the way this has been for them for years, if you set your Stops properly!
5-10 years was what we all though that length of time ago, and here we are, with little change. I would realistically think that in the same time span looking ahead, it will be about the same! I have been share dealing since 2003 here and only a couple have excelled, the rest collapsed and delisted, or went private like MATRA.
The winners as we know are mostly the CEO, so trading these shares on the highs and lows is probably the only way this will make anyone very much money unless you have tens of thousands and sold on a 1p rise, and reinvest on a 'low', as you well know. Not one for the LTH.
I can make more in a week on ebay than the AIM with an outlay of just £100!!
For mainly those who have like me, been here for centuries, you may or may not have seen the charges against Peter Landau. Not the most recent news, but here are the reasons why this Crook & Co, have landed themselves in court for stealing all the Dough. Most of you should know about it, but I can't wait to see him 'Jugged' for around 7 years as and when?
Cheers.
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It may look great on paper, but having been here since the start and beyond, I will believe it when and if it really gets going and the numbers show. We had a deal with Nigerians years ago and it turned out to be a right mess. They kept spinning yarn after yarn. so I don't trust them. Only when the 'Money is in the Bank', is the deal properly done...not before.
For those who've here from the outest, may recall the three Wells that were going to make us a fortune. Remember the PEMEX deal. What a shambles. Some of It made Stefan Olivier a few quid, but not us, so whilst I'm rather pessimistic by nature, it isn't such a bad thing when dealing on the AIM where one has to assume that nothing will work and if it does, all well and good. Short of that, the AIM is used to make the CEOs money, then they walk away or delist.
Been on the AIM since 2003...won a bit, lost a hell of a lot. This is the last of two of my holdings. The other is STA which is a total disaster after 12 years holding, but there's always a slight chance, but not with STA, maybe here, so I will stick it out for perhaps another year?
I guessed there's no future with this company, there never really was. Under Landau we thought there was a very good chance it would get a real move on but it was all convincing Spin and BS. Everything was plausible about how it was panning out and what he said. Obviously, it didn't work out, but neither has many AIM shares. What Pees me off is the way he went about it. A real Crook and years ago, I put a few lines of a well known poem on here which was very fitting.
For my losses, I can only get SOME value from what I gambled if I see him spend a minimum of FIVE years in the Nick and watch him walk out of there one day with very short, awkward steps!!
"There was a crooked man and he had a crooked smile
He found a crooked sixpence upon a crooked style.
He had a crooked cat that caught a crooked mouse,
They all lived together in a crooked little house....etc..."
I will hang on until I quit my business, then sell up in maybe a year or two, that's if they have been 'Energised' and disappear :(
PS. Ran out of space! I'm having to redecorate my entire shop/office premises...Lease obligation, so I MUST crack on! I'm past retiring age now but was only but was only 48 ish when I came here!! OMG!!!
Thank God for the self employment (Corona Virus) Benefits, I'm thousands better off...twice my losses here at least, so there's some consolation there. I hope Landau's Prosecutors make an average payment to all holders from his held assets and divide it by those who are now left and held over the last 15 years?! (Flying Pigs?)
Cheers all.
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Oilornothing;
There were numerous staunch RRL Holders here, but after Puntland and all the utter Cr*p and yarns that Landau spun, I was in no doubt that this was slowly going nowhere. Many of the holder were in touch with the NEW RRL and one of the woman that gave us plenty of fair and reasonable updates, but divulging nothing.
Meeting were held and we had a sort of RRL 'Club' whereby FAQ's were put the to the board on a regular basis, exch Bullet Point was addressed accordingly, but there was only so much info. they could give us. By this time Landau had gone along with the money and 'getting involved' with the financials from one or two other company's which he was in charge of.
I think the 'Club' has been disbanded as none of the original victims are here now, although they may be lying low? We arranged meetings in pubs and drinks from time to time, but I never did the London stints as it was too far from home (South Coast). I think that with a few changes of CEO to present day, and a piddling share price and consolidations, or whatever happened, many just bailed out but I hung on in anticipation, but I will never get my 24.9p back. The .9 maybe, but I think everyone gave up, so over the last few years, I rarely even bothered to look.
There were so many plans being made on and off, that it rather seemed that nobody quite knew what was really going on!!
It's like Boris's, "Stay alert...Control the Virus...Save Lives"...WTF Does it meaaaaan?!! There a sketch online for that somewhere! As I no have no clue at all what's going on here, I just watch the SP every now and again to find a good time to take my £6000 (less 99.999% loose change).
I'm surprised this hasn't delisted by now with all the chopping and changing that I have seen. The only winners here maybe those who trade on the Highs/lows, but this isn't one for the LTH. Financial Suicide is probably the outcome. I'm also in ADME which is also rubbish, so my share dealing days are well and truly numbered!
Sell a couple of things on ebay, I can g'tee you will probably make more in a week there, than here in a year depending on what you sell or your investment here.
The AIM is really for Traders and CEOs. Most small Oilers come and go or delists within ten years, so the CEOs win hand over fist and they couldn't give a toss about their shareholders once the CEO comms & sweet talk is over with us, and the money starts coming in, courtesy of our investment. The CEO's colour changes and they become non communicative and a Bunch of A.. Holes. Most are tarred with the same brush.
I have been on the AIM since 2003 living in hope but I have won a total of c. £2000 which brings my net loss to about £4000.
My sound advice is to leave the AIM alone unless you are **** Sure you are on to a winner or can afford to lose, that would mean insider trading! Put your cash into a ten year Bond which g'tee's you a payout and it will probably do better than most AIM shares unless you are
I have been here for 12 years with an original buy price of 24.9p, this has cost me almost £6,000. I bought in from what I learned from my research and those who were so Pro RRL, they were almost married to Landau....ALL lies, and we were caught, Hook Line and Sinker. A friend has lost a SIX figure sum with Landau's BS. After a year or so and watching one or two of Landau's Interviews, I wrote in on this site and told people this guy was a cheat and liar. I could tell by his body language and the way he spoke.
I've dealt with many people over 50 years, mostly the General Public, and I can spot a bad egg a long way away. Landau even spoke to another guy who used to post regularly on this site and he was chatting for some time and was telling him what was happening and going to happen. I did mention at the time to be careful because CEOs do NOT discuss their business movements with anyone as it is of course insider trading. I also told him that, this could be a scam. This mate lost £60,000 UNLESS he sold early. By this time, I was down from 25p to 6p and should have bailed way back, but this Board was very Bullish, around the time of the Puntland drills with a view to a 'Gusher' It was DUSTERS, the bloody lot.
Landau was a qualified Barrister and clearly a bad one at that. My guess, for fraud and theft of this magnitude Landau & Co will get a minimum of 7 years, perhaps to serve 5. He should also be made to pay ALL shareholders their losses from and to a certain time period due to lies and deceit.
When he goes down, he's going to come out a changed man. Here's the clue... . o O
Rare I ever write here now, but if DBW or Erratic Phil still look in, hope you are both OK. I still hold 'RRL' shares to the rough value to buy a decent Curry and a Pint. As we are not allowed to use expletives here, all one can do is think what Landau is?
Cheers to all holders. Photo'
Perhaps if it does drop to $10 per barrel, it could even be uneconomical for ADME to keep going due to costs. There could be lay-offs which will send this SP crashing to the 0.00's. If it does, it's a risk to buy but if the company is sound should it happen and it continues, all well and good, or like many small Oilers, it could fold?
This one isn't going anywhere anytime soon. Way back last spring I said that by Xmas it will have barely shifted and it hasn't. This Oiler is pretty much a non-starter unless a miracle happens, come summer, it will have barely changed and by end of the year, if nothing happens, it could easily be half of what it is now. Been right all along about this one. Just wait until the next cash call comes along and bear in mind that the CEO couldn't give a Monkey's about us as long as we are lining his pockets. FACT!!
Six years here and £2Ks worth will now buy me half a tank of Fuel! Farce.
In the next life perhaps?
Yup! The most 'expensive' beers I may ever buy. It's take ten years to save up for them!!
D'ya think we've been had? lol.
Wonder if Landau has 'swung' yet for his greed and deceit?
Well, from one duff share and maybe into another whilst the new owners line their pockets?
Been here ten years at least, lost track now and lost £6000. now worth about as much as a couple of Pints :((
Patrick McGoohan!
...will be in a week or so at 5p!
15th april RNS:
Stefan Oliver, the Company's CEO commented:
"I'm delighted to welcome an extremely influential and knowledgeable STRATEGIC INVESTOR into MX Oil who I believe can bring significant value and provide "access to opportunities and partners" who we would not be able to access without them". (You couldn't Stefan, they're the Shiekh's Cronies). He was in and out quicker than 'Happy Hour' in a place of Ill repute....this share!! LOL
Honorary, to whom...not us that's for sure? Who's next..Abdul abul bul Amer?
No more Honorary Members please. Can't see how this share is going to keep propping itself up unless a RELIABLE entity turns up who's integrity is for the people that help pay his wages...the Investors.
Maybe all the AIM CEOs are tarred with the same brush. Members of the Hand-Wringing Brigade that probably resemble Dick Dastardly and laugh like Mutley once their pockets have been filled and sneak off down a dark alley never to be seen again?
What a Pi55 poor share this has been. Quite farcical?
Great!! Good luck & good hunting. Watch out for those Fake Oriental Vases with the misspelt name on the base.
I Suppose someone made a bit on as trade from-43% up to -8%. It never stays that low without a decent recovery, so good on those that did.Yes, it's a farce and will continue to remain so...like Brexit but will go on ad-infinitum. I don't doubt the next surge will be when another wise guy comes out of the Woodwork promising 'great things', buys Millions of shares and then 'does a Shiekh' and bails out. For the small amount of OIl input that we have, it's not going attract any real major investment. The History of MXO and to date is abysmal with nothing to get one's teeth into except a nice Juicy Apple ( a British one of course!).Who remembers the hype about considering that potential Granada 'deal' two or three years ago. Mentioned a few times, then sod all. The only way to make more than here is to buy a few things from a charity shop and list them on ebay, With an outlay of c£50, I bet you make more there in a week than buying the equiv few quids worth in here?I can honestly say that I bought a few Collectable/Classic items at a hell of a low price a couple of months ago which cost me £4500, but it turned me £20,000 profit. It CAN be done if you know what you are doing! ADME is so unpredictable, the long term prospects here are questionable, although nobody knows what will happen in a week or three...... who said yes we do. Right answer... :(