Member Info for saintpeter7

Glenwick's website says that both Cora Gold and Glenwick are working expeditiously to complete technical and legal due diligence, with the target of a new admission to AIM in the second quarter of this year. Now that hopefully the i3 energy IPO is going ahead on 30 June, perhaps there is a fair chance that GWIK's relisting on AIM and RTO of Cora will take place during July.

https://www.skinnytan.co.uk/products/express-yourself-new-1-hour-tan-launch-offer Not sure how new, but sounds great to tan in just one hour.

Further big buy of 4.25m shares after a bed and breakfast of the same number earlier in the day.

Yes, ismalia, someone's loading up. I expect you have noticed the daily buys of 2.5m shares a time. Wish I had spare funds to top up, but all tied up at present. Hopefully, for selfish reasons, the RTO will not be for a while longer!

where's all that buying come from all of a sudden

One day the sellers who appear at 400p will have gone, then........... you know what will happen

Although we may be waiting until January for SMA to arrange an RTO as these things take time, there is massive potential in the Indian consumer goods market. We don't know whether it will be in durable or non-durable, but hopefully it will be social media driven as the young in India (like most of the developing and developed world) are more and more using such for making choices on what to buy. Obviously, there is a lot of information available on the net regarding the growth in the Indian consumer goods market, but the following link gives an initial insight:- http://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-sector-to-reach-104-bn-by-2020-study/articleshow/54697324.cms A compound annual growth rate of 20.6% in the FMCG sector is certainly a very attractive reason for the Bod of SMA aiming for an RTO in this sector. IMHO I don't expect much more upward movement in the SP until the middle of July, when perhaps some pis may speculate that the RTO will be completed before suspension, but I shall be happy to be proved wrong!

Good finish today at new closing high - just. 4-traders has now lifted its short, medium and long-term resistance levels to 486p, 617p and 738p respectively, which if the current trend line continues would be after 1,2 and 3 months respectively. If we can finish with a higher close on Monday with good volume, the 400p level might be passed soon leading to the SP moving towards the 486p short-term resistance level. Certainly a lot to look forward to in terms of new product launches and selling avenues over the next few months.

Cheers - I won't hold you to that!

So the mcap sinks to below £1m and is no doubt little different from the cash the company may still hold. The logical thing to do may be to buy now as the SP surely won't go any lower, will it? If the company does come up with an investment, the SP will surely bag and more. I guess its one of those where it's worth taking a punt now as the downside would appear to be limited. GC - your thoughts?

Just had the opportunity to listen to Haris' interview. Wow, this company's growth potential is tremendous. There were two details which were particularly of note for me:- 1. The launch of the 3 in 1 skin brightening, skin tone and tanning product in Korea. The size of the skin brightening market is 20 times that of the sun tanning market worldwide! 2. The aim is to fund growth by internal cashflow. IMHO IDP is a definite LTH. They aim to beat market expectations and from what we have seen already and hear from Haris gives tremendous confidence that they will continue to do so.

Companies House shows that the company's register has now been moved to a private house in Fenay Bridge, Huddersfield! That inspires confidence, I don't think. Company was incorporated over 2 years ago now. So, although no doubt this will come back to bite me, I am not tempted. GL to all holders.

With the ask now reduced to 4.50, it is very tempting to buy in again. I sold my holding at a loss a few weeks back as I felt the investment was dead money. At this figure, the mcap is little different to the cash they probably still hold, BUT I think the Bod and their advisers are probably taking the summer off as they do not seem to be in any hurry to invest the monies they originally raised :-) Of course when and if they do get their act together at this SP it will probably be a one bagger at least on the first investment announcement. So I'm tempted.

Bubbling along nicely. I note the mms dropped the bid to 0.80 for a while to no doubt collect more shares by triggering stop losses, but only got a measly number.

Monkf6 - well done on your buys. I am still out waiting for signs of life!

RayG - thanks for clarifying that. I'm finding it difficult to follow the SP movements with the current technical problems.

Wahlberg - was unsure what the market's reaction this morning would be so sold part of my holding early on. Looks strong for the moment particularly with the large purchase showing on HL at 11 am of £26,456 at 400p. Anyway bought half back, while half went into my other major holding, which hopefully could be flying soon.

Thanks boonboon I like the conclusion:- We are forecasting underlying PBT of £2.6m equating to underlying EPS of 14.54p. This suggests a fall in FYJun18E margins against a very impressive H2Jun17E performance, but that is to be expected given the upfront costs for multiple product launches. That is a PE of 24.6x, more than justified by the prospective EPS growth of 90%, an equivalent PEG multiple of 0.27x. A share price of 600 pence would still only equate to a PEG multiple of 0.46x. Given the product pipeline and continued stir that Skinny Tan is making, we believe our forecasts are beatable and that the growth outlook beyond our forecast horizon is extremely positive.

Monkf6 - thanks for your input. I assume that one of the larger shareholders such as Capital Research & Management Company must have been selling, but I have not been able to discover anything specific.

Yes, it is too easy for some to get ahead of themselves. Not that we will get it, due to its volatility, but a steady rise in the SP as further updates are given is what I am looking for and there may well be many during the second half of 2017. Certainly massive potential.