Member Info for Purdey

What's the major investment?

Hang on a minute, WRN's "£8m profit" actually came from a one off asset revaluation, if you read the financials. KLG have copper, and lots of it.

Approx 1/3rd of the stock has bought/sold - which is heckofalot compared to WRN levels, so its bound to include a lot of daytraders who will sell at a profit. Once they've cleared, its onwards and upwards, just read the rns and see for yourselves...

You gotta be kidding! this share has inferred copper find of $1.8bn near the top and a market cap of around £6m!! Just read the rns - this is huge potentially! http://www.investegate.co.uk/kalimantan--klg-/bus/kalimantan-gold-announces-maiden-inferred-miner---/20140926070000Z4634/

Not the most liquid of shares, gla.

Just trying to get to the bottom of this... so the interims aren't audited because no tax til year end. Ok, got that. Just looked at the 2013 annuals on the Nbu website, and there is an auditors report in there from Crown Clark Whitehill. One would assume the cash & accounts were a true representation at that point surely?.... Or am I beng naïve?!!

Last time I listen to ST and his bargain tips....

Hello again :-) Exactly what I am thinking... Trying to weigh it all up..

Yes I can see that it has potential for holders at this level. Just for me with limited funds, I came in just before ex div and caught a cold. I got out when I saw the price drop to 45p first thing this morning and am now watching. Short term if I see the bottom (not sure when), I may buy with a shorter view to sell, and over time buy to hold some. My initial entry point was my error as it didn't match my intended term and the loss. I will attempt to factor this in as I move forward and I agree, the return on capital from this level when the dividend is re-introduced will be terrific! Their financials look good to me, cash, low debts and the net assets, just a few wobbly areas like the factory and outsourcing, but these can be rectified over time...

.20 share price, on a 5:1 consolidation = 1p surely? 76.5p seems a bit bonkers to me but.... hey what do I know!...

39,130.77% growth would make my portfolio look good ::-)

Hi KnigelK, I do see what you mean, however at the level I'd bought in at, I couldn't see it happening in a long long time. So I got out first thing this morn and may well come back in if I think it's going to bounce (and if I'm feeling brave) :-) I liked this share and have some Camk, but like I said, I needed a chance to grow and couldn't sit back and watch the losses - I'm just speaking for me and the initial level I naively invested in at. I've been reviewing my technique and taking on board some comments from the older & more experienced on the board, and hopefully will turn it around. I do appreciate your comments and I get the point you make, thank you for your advice. Timing vs price is everything I can see...

Ap, I sold and I am not crazy (I don't think :-) but many people here (me included), were into this for the decent dividend.. Remove it and it was going to fall, so I sold... We do not all (unfortunately) have a pile of money available to be able to sit on a loss until the longer term, so in my case, I saw it was better to take a hit, and go find a different climbing share... This is my strategy right now. I understand everyone has different financials and needs etc so some like yourself will wait. This is good for you, but please remember not everyone is in the same boat, some have no choice but to move on or get stuck for a while..

out..

Well done Shadowz, not a bad day's work, be nice to get that everyday :-)

I had exactly the same thought, but talked myself out of it!... Hmmm, I gotta stop doing that :-)

Just got a few of these fellas too, if the Russian wealthy investor lady Viktoriia Maslennikova thinks they are worthy of investment, then so do I!!....... Good luck chaps.

Heading north! This share reached over 13p in 2008, according to the charts, blimey! One step at a time, eh...

I guess with 69.61 million shares in issue, of which 5.4 million traded (approx. 2.6 mil sold, 2.8 mil bought) until now @ an average of say, around 3p, overall that's roughly about 7.8% of the stock moving at around £162k, very very roughly. Not huge I guess so taking a punt at these levels seems feasible.

Big price increase on no rns, anything else? Saw this up to 2 yesterday but thought It'd plummet again today....