Member Info for savs1907

JT - you really do struggle with our beautiful language dear boy. If you read my last post, nowhere in that did I say that the warrant holders would convert at a price of 4p. No wonder you’ve lost so much money if you can’t understand the written word.

Looks like its popped already - on the way back down to the warrant conversion price of 4p. Profit Jock would struggle to read a wallpaper chart, let alone one with numbers on!!! Every day for the past month PJ has been posting that the charts show the SP is about to break out. If only he understood how to read a balance sheet and cash flow forecast, he'd have saved himself a fortune here. £1,000 invested in this company three months ago is now worth £42.86!! Wonder if the charts showed that!

Slow Learner - an excellent summary - well researched, factual and so refreshing to see zero mindless rhetoric. I would strongly recommend anyone thinking of investing here to read your post - it sums up the position perfectly. In fact, I’d say that it’s probably the most accurate and factual post I’ve ever seen on this board. Chapeau dear boy.

Profit Jock - you really don’t understand “dilution” do you dear boy? When more shares are issued, the previous existing shares get diluted - it really is so simple old chap! If those 235m warrants convert at 4p, then there will be well over 400m shares in issue- hence dilution!!

Profit Jock - "we know why and it isn't the warrants" - of course the warrants are a huge part of the problem. There's around 235m 4p warrants out there yet to be converted. If they don't convert, then its likely that there will have to be a placing to bring in more cash needed to support the losses. Either way, until the company clarifies its cash flow position, there's going to be enormous concern over the SP.

Tbhatt - to answer your question " how long is this gonna stay low" - for quite some time - until the warrant problem is resolved - that's the 235m outstanding 4p warrants, then the SP will more than likely stay real low. After that you'll then get the the December accounts, which probably will make pretty poor reading.

Dglos- a slight correction to your post “warrants in issue must be near exhausted now”. There are still approx 235m warrants at 4p outstanding. If they all convert that will dilute the current issues capital significantly, which will only further depress the price.

James T - once again dear chap you've failed to answer my question. It was a really simple one - where is the evidence of a shorting syndicate? You have no evidence - end of!!

James T - you failed to provide the evidence of your alleged "shorting syndicate". I can only presume that's because you simply have no evidence whatsoever. If you have evidence, then I'm sure a number on here would like to see it. Failure to provide evidence to support your allegation of a "shorting syndicate" will lead to the conclusion that you have no evidence and therefore there is no shorting syndicate. The outcome of that will negate your arguments on the continuing falling SP. This is not personal - this is merely trying to establish the true facts, so that those reading this BB can at least make a reasoned judgement based on firm evidence rather than statements to suit one's own agenda.

Once again James T is spouting his usual rubbish and lies. There are no short positions in this company - if he has evidence of shorts, then please publish it.

He'll say absolutely anything to try and suck more PIs into this in the false belief that it'll see the price rise. That won't happen, simply because anyone doing any research at all into the basic fundamental's and published financial data with realise that the current SP value is somewhere between 2p-4p.

Chipsta- they’ve probably come to that conclusion when looking at what £1,000 invested here 3 months ago is now worth - £57!! This must possibly be one of the worst performances on this market this year.

HH - now that’s disparaging towards mongeese!!!

James T keeps rambling on about "short bets". its hard enough trying to buy into this company given that a number of trading platforms won't allow buys - it would be virtually impossible to short this stock. James T is great at constantly cutting and pasting the same old dribble - if he had any evidence of shorts, I'm sure he's have happily posted the details. He hasn't, therefore I can only assume that this is just another deflective tactic. I'd be delighted to hear how he values this company based on the usual fundamentals - revenue, gross margin, net margin, free cashflow, forward projections, NAV etc etc.

PP - the core of the problem is exactly as you have stated - a huge amount of warrants at 4p yet to convert, a loss making business and not a lot else on the balance sheet. Why do some on here think this is worth £2 a share - just because it got chased up to that price a while ago, doesn't actually mean it was worth £2 then and its certainly not worth that now. Based on the accounts at June and taking into account what has happened subsequent to that, its true NAV at this time is somewhere in the region of 2p-4p. The accounts at 31 December will be very telling!

Cando - for once I agree with you dear boy - it was no tree shake down from £2.13 to 5.11 - it was an earthquake of seismic proportions!

Cando - you are so funny - The hilarity you serve up is unsurpassable - " a little tree shake" - how many tree shakes have there been on the way down from £2.13 three months ago to the current 5.45p!!

Very well explained HH - precise, factual and without the usual manic rhetoric from some on here. Let's also not forget, that there are still well over 200m warrants at 4p yet to convert.

It was odd that in today's RNS there was no mention of what I consider key words - profit, operating margin, net margin - it simply alluded to revenue.

Another warrant holder leaving this sinking ship - sale of 2.2m at 4.5p. That can only lead to another significant fall in the SP in the morning.

JT will no doubt be relying upon Donald Trump, but you only need read the company’s own published accounts to realise that at 5p this is overvalued.

Maid “we are getting closer and closer to overhang cleared”. If you call 235m outstanding 4p warrants close, then I dread to hear your definition of far!!!

As for Kammi - nothing to say - just the mad ramblings of a man child who’s just realised the full extent of his losses. Yet to see Kammi post any facts/financial data whatsoever- just deluded meaningless rhetoric.

Those huge late reported sales on Friday will only take this down further next week. Not a problem, according to James T, Donald Trump is popping over to the UK next week to fix everything!!!

Agreed - James T must be one of, if not the biggest loser around. His latest post states “The US President, Donald Trump begins his Official State visit to the UK later this week”. Trump came earlier in September- poor old JT can’t even get that right!!

He also failed to mention the huge late reported sale yesterday- 2m shares at 5p. I reckon that the coming week is the one that will see this fall to the warrant conversion price of 4p.