Member Info for Sandman1982

Agree that's just plain silly.

They need approval like any other deal. Just need to be patient. This is a mid-long term investment for me. Hoping for 30p+ in due course. Will sit tight and wait for the contracts that will arrive after the deal.

Just look at what happened a few years back on a single contract. With the Chinese I would expect to see a better return. Note: I'm looking at Mcap and not price per share when referring to what the company was worth on that contract alone.

That's a good question :-)

Afternoon All,

I'm heading over to Singapore for 3 weeks come next Thursday. So if the company is still up and running. Do you want me to pop in and see Mr C if he is knocking about with a list of questions etc?

Never thought I would see this price. Cant even buy to average down and am stuck with an average of 1.77p. This is going to take awhile to recover with the mobile payments side of things potentially growing during 2019. Hopefully the reduce their overheads in the meantime and we get the full license. Still a possibility of a JV however more concerned about the Atlas conversations. Either way am stuck for now and no point in causing myself any additional stress over something that I cannot control. Going to stick these in the bottom drawer and not bother looking in now for atleast 12months unless a very positive RNS pops up. Its been a torrid ride under Eric with his lies but hopefully Chong and co will be more transparent going forward. 6-7million users is still a great number. Just need to monetize it in some way which clearly has to be the mobile money payments as everything else should be small fry compared to that. GL all LTH

Lol what an amazing trade lol

Yep probably because all the majority shareholders have said yes. Us PI have very little influence in this matter. Good time ahead :)

This time next year I fully expect the share price to be in double figures :) More than happy to wait!

When does production start?

I have just noticed that the initial $1.65 million took approximately 5 weeks to be deposited into Bagir’s accounts as Ruyi had to go through all the Chinese regulatory checks etc, etc (Check Nov and Jan RNS). Therefore it makes perfect sense why the EGM has been setup for October as once the green light has been given at the EGM, the money should pretty much appear around the same time. Just shows that they expect the transaction to go ahead and its all just a formality now. Well these are my thoughts anyway.

Ok no quotes available now for £100. Looks like its going to break 3p...

Looks like i missed out on the extra too up. To buy £2000 now the price quoted is 3.15p on IG

Yep i tried a dummy buy for £2000 and got quoted a price of 2.7899p

Apologies you are planning on holding 2 million for the long term. As such the rest of the time you are trading with the rest of your pot? GL with that one. I have my main pot here and am considering throwing a few k for the short term trade. However risky as it is im waiting for the report and will be clear that any new purchase i do make will be sold post the EGM when this is expected to rise to 3.5p+.

I thought it was 2 million and not many millions?

Erm well i was looking at buying in due to the last RNS. Also knowbody I was merely asking a question about the test duration? Thats not going to drive whether or not i make an investment as i was already planning to. Many thanks for all the useful responses. I will have a read of these and anyother related links. GL All

Morning all. Im looking to buy in here and was just wondering if anybody has any ideas on how long the testing will take at KIM? Many thanks in advance.

Enjoying an early start to the weekend and feeling completely relaxed about this investment so no need to look at fluctuating prices. Have setup an alert incase price drops for some shares. Otherwise im waiting for double digits in due course. Have a good weekend :)

Its starting to move :-)

Still have a few weeks to go so will be keeping a watchful eye on this around pay day.

Looking forward to seeing the report and then the cash arriving in early October.

Sorry meant sub 2p not 2.2p. Either way if it drops in that area then I will buy more.

Since you are so adamant that its going to drop that low in a few weeks how about you take a couple of weeks off from this BB and come back when the price hits your target.

Moneymunch he gets paid to do this lol

Aim just out of curiosity how much do you get paid per post?