Member Info for seattle

Having watched AIM shares for decades there are some patterns . Excitement , disappointment , stale bulls , and when some good news comes and sellers appear to get out ASAP. For AEG we have enjoyed all of these sentiments in the last 6 months . Fear not , with a few more similar announcements like Mondays the institution fund managers start real buying . In today’s’s World Fund managers worry about the down side more than the up ( because of job security etc )
The old US 60’s line “ Nobody ever got fired by buying IBM “
The sellers will be taken out soon and then with NFL and another power station announced this could jump to 10p.
AEG is currently worth £20m with a unique product and Purple Bricks Plc market cap is £654m ( was over £1.6bn ) with lots of competition.
Which shares would you you prefer to own for the next 5 years.?

Following todays excellent RNS and thanks to educated others that supplied the financial expectations I will be disappointed if we don’t yet some positive press tomorrow.

WOW , This is a wonderful announcement, and out of the blue. I would bet there are several others coming . This helps AEG get on the World stage .

This is a very difficult situation for Luke Johnson and his reputation . If he steals the company back from the brink that will help a bit , but only until people say start saying why didn’t he know etc and you employed the FD etc. Sunday Tines I think will drop him as this scandal will probably run for the next 2 years until all this false accounting and the culprits are bought to justice .

A perfect storm in the last week . Shareholders disappointment regarding the delays for NFL , AIM shares in the doldrums , and I understand the EU required changes for deposits on spread betting ( eg IG ) from 25% to 50% on AIM shares . The last reason caused many accounts to be closed out and hence a large number of shares were sold . I think the turnover yesterday was 12m which gave the MMs the opportunity to have fun. I think the fundamentals will come through on the NFL announcement . My own guess is the delay was was caused by the NFL waiting until that US / Canada /Mexico trade deal was signed last week.

I am looking forward to double figures . However your comments about Michael Rowan apologising are not fair or correct.
I am confident MR is doing his absolute best for AEG shareholders but if more shareholders sell than buy for a period of time the price goes down. That is not his fault and that what makes a market .

Good points DM . Also Poland is under pressure from the EU to do something to reduce their dependence on coal.
I understand in certain areas the coal scrap heap dust actually flies into the atomodphere and lands in adjacent cities So it is hardly surprising most of these buildings are black with coal dust after decades of exposure .

Since my buy this morning there has been over 3m buys and virtually no selling , yet the offer price drops from 2.3 to 2.2p . The only reason can be a big seller so expect to see a large sell trade after hours . On the screen probably about 5.30 tonight.

I have received a dividend cheque today . So putting money where my mouth is I have just bought 170,693 AEG shares at 2.18p

My guess it will be signed in the next two weeks. The NFL minister wouldn’t have agreed to this mornings announcement if they were not going ahead . Also the top scientists report on World climate change published this morning will put increasing pressure on Governments politically to do more to reduce CO2 . Bingo AEG has CS .
The darkest hour just before dawn etc .

Great news , the NFL Government and AEG wouldn’t have put out this joint statement if there weren’t going ahead .well done AEG

Apart from more sellers than buyers is there any reason why this share keeps going lower and lower . If all is ok usually management steps in and buys . If Buckley thought it was a good buy at 23p and 11p it should be a steal at 5.8p ( at the time of writing )

RNS excellent , this company really does have a future. The BOD must be working around the clock negotiating all these great deals around the Globe.

If you were looking at this share today one would think there is no longer any down side. Sure their turnover is down but that is because they are moving into licensing which I heartily approve. I would prefer bottom line profits rather that turnover. As they say “ Turnover is vanity , Profits is reality “
When my next dividend appears in my broker account it will quickly go into GMR.

Very good post Zeetruth

Good for you. I have a couple of dividend cheques due this month so I will using those funds to increase my holdings .

The increased turnover in shares in the last few days is encouraging and average per day ( based on the last 3 months ) is now 3,520,000. If that 20m trade was taken up by a lucky market maker it will take two weeks to clear .
However if the company does announce any of the numerous deals next week we are all waiting for the price will react accordingly.

Fear not .I think this is a case of a very rich foreigner , with limited English giving an order to sell at best . That would be fine if it was Amazon that trades $10bn a day but with little old AEG it will take 2 weeks to clear on average trading . It is s strong buy at three levels

A positive days trading today . We all look forward to a series of announcements which should lead to a double figure share price.

Trading looks as if somebody knows something so perhaps Monday will be our lucky day