Member Info for shamI89

I remeber you around 1300/1400 levels and think some people told you to go slow and exit.You have lost another 50% and we dont know what would be final outcome.I traded it but when three members of board exited, it was a big red flag. Got to say that Adzy has been right about it so far and I am wondering if share buyback program has been put on hold due to money shortage.Looks like actual debt is much higher , profit margins are too good to be true and there is a big question mark on cash in the bank.It is not looking good here .

Nothing seems to be stopping this sell off.

and it has almost bagged , I am still holding as I anticipate some profit taking but it would breach 10p today and God knows where it goes from there.

and thought in the morning that Dbay has bought the company for but he acquired 49% stake in the company for 50 million and lenders have agreed to inject 20 millions into this company .Current Market Capital is 17 millions, Woodford sold his stake for 6p a share .May be market is trusting unaudited results.

An offer of 6 has already been made and accepted so previous shareholders would get 6p and company would get delisted.Dont waste your money.

PF has given plenty of deadlines in the past which were not adhered to, however CLNS and likes of riverfort and YA are causes of concern here. We shall see but Corona virus could affect port and airport and that would affect the revenue.

Virus hysteria is at play here, if does get worst then it can affect airline passenger and that would put a strain on group's already fragile resources.

Did they not accept 6p offer for shareholders?

it for sometime, think market is worried about Corona virus and Cir has some operations in China.Unless we get a clear picture we cant pin point exact reason.

as I would like to see a strong bounce to 40 , problem is many traders including myself are trading it so bounce would be sold into. It reminds me of premier oil though hoewever at that time oil reached 30 if I remember correctly.Lets see what happens tomorrow.

Falling it any further, but I must have said it more than ten times today , fundamentals are strong looks like market is worried about debt .If they manage to sell Ugandan/Kenyan assets then they would be in really good position.

That I would these prices again, I would like to see a bounce to 40p level today or tomorrow.

Release an Rns if it has not been finalised, they were reducing their stake in Ugandan asset but could not conclude the deal due to a tax dispute, there was some speculation that tax dispute has been risolved and we will hear about it soon but nothing came out of it. It would be a really big milestone as Market is worried about huge debt burden and these disposals could bring in much needed cash to reduce the debt level.

Go through his posts, he was promoting a company which was about to get delisted, spread was 200% and this guy was sprouting a bid is coming bla bla bla. Company has got delisted, all day bid has been 0.5 and this guy was trying to entice people into buying them shares.

"Asian jealousy" saw it dropping yesterday and went through RNS to find out that it is getting delisted and saw your rumblings.But kudos to Mohh for exposing your antics.

I was a kid when I started trading so told you the most likely scenario which is proving to be the case. Ask mannan what would a shares in a delisted company be worth and he will tell you.

More to follow mannan, I am surprised that only £1000 worth of trades are causing this drop, imagine what it would be like when everyone would be looking to exit.

Son, your plan to entice others in to get out with a profit has failed with the blessing of Allah. That should teach you a good lesson.

Pokerchips would be moaning about liquidity tomorrow so look out for him.Got to say we have reign in their optimism as yesterday Suhail was coming out with all sort of "take over" scenarios but today he is being a good boy.

Last chance to get out at a decent price, tomorrow it would be a bloodbath.