Member Info for Ridingwaves

Where has Thomas gone.....he was here a second ago.. He must been the worm.. One moment there was a post the next its gone...i know you wont believe me. Either that or i was talking to myself....lol

Hi, It was just by chance as i was re looking through the tech stocks and i saw your Boo post..lol I am not invested here, but it is an interesting one. I only invest in a very small number of stock/ stocks. Usually only 1 to 3 at most(AIM), but always like to prepare for the next one if the opportunity pops up. It does amuse me as Checkmate seems to be in many of my short lists of watch stocks... GBO is a good one, there are no 100% certainties but it is one of a very few that have still to be re-rated to fair value. Are you invested here? Always good to see your posts, they have a charm about them that a dry poster like myself lacks, so you see we have not got it completely covered... Good luck with your other investments......

Ooooh....that made me jump....lol Hope you are keeping... Are you still GBO....thats very quiet aswell.. GL....

'O' no not again........dont tell anyone thomas.... GL

Yep......little bit of fun, not sure if i made a £1 or not cant be bothered to work it out...lol

I don't think there is any serious investor who has not suffered from bouts of excessive optimism at some point. It's natural to imagine what if.......and only factor is one scenario when in fact life is more likely to thow in a dose of the unexpected and several scenarios. Certainly discipline is a key to success, but not an easy one as it requires the control of the excitement and emotion generated. I do have stop losses and take profits along the way up. But even now i still find it hard to take a loss but accept that is the only way to make money overall. It is a lesson i have learnt and come accept. Like you the dream of 'what if' is still there to test me each time i buy a new share... It will just take me several more trades. GL

Hi, Certainly the potential is there and the product appears a good one. The cost should be very competitive aswell against any competitors. Thanks, it is always a refreshing sign when there are good posters on a board like yourself. GL

Hi Guys, Not invested here.... But, you are absolutely right the management dealt in Rupees without any hedging. Certainly one of the reasons i have not invested despite what appears to be a good business is IMO the management Of the business which appears to be on the light side and naive. Its not fishy as you state but a lack of basic business acumen and raises other question marks over the management of the business. Sorry to say it, but that is my honest opinion. GLA............. The prospects are there but whether they will be converted is another another question.

I think Tara is your alter ego.........lol

I will look at in more detail... But i cannot see the profits being anywhere near this figure, i can see an increase in revenues. The nature of the business is deferred income therefore the profit stream. I can see the benefits if the revenue materialises but it will be in the 2013 numbers. The other part of the equation is i think that the Chinese element is some kind of joint venture of which PTO have 49% . The management also stated as much in their 2011 Finals and again in the Interims. The clip was a good one and i can see that the future down the line does offer a great springboard. This business needs high revenue numbers before margins start to kick in. I think any further re-rating will need more concrete confirmation, possible in the year end figures. But as i say i have it on my watch list and who knows .........if the year end has the figures you have forecast i may invest. GL

The profit would give you 10p approx which leaves a 21x PE. Where does it state the amount of deferred income and exactly when it is deferred to. This still takes me back to the question is this priced in and i would have to say it is with a current PE which is very high. For me the risk reward at the moment is not sufficiently in my favour.... But good luck as you obviously bought in at a better price which gives you a large enough margin of safety. GL

One to watch for sure. I see the opportunity, but that is largely priced from what i can see. The business has a large negative equity so this would need to convert big time. But i can see what you see for the future is a great prospect. I will keep it on my watch list....thanks GL

Love it.......You are a cheeky sole. Somewhere lies the truth, a few good calls and good luck to you. But success is the total return on your portfolio so do factor in those others such as FRM. Otherwise you will dig yourself into a hole..... GL...... I like a cheeky sole Best wishes for 2013

Langyy.... These are cheap.

Or i will be in serious trouble...... Enjoy you roast turkey and Christmas pud with a good dose of Brandy.... Gl

Post rec......lol

Merry Christmas to you and yours..... Sometimes momentum plays a part ...... You know the game.... Waves of expectation. Wishing you a prosperous New Year with your 'crown jewels' for 2013..

Temptation......was too much. Up she goes... Merryy Christmas

Jolly perplexed......you have done well...

Interesting indeed..... Missed this one GL