Member Info for TerryM1

Lucksin

It is not that I do not believe in growth behind the scenes and Muck certainly seems to know his stuff but the issue is the BOD are not turning this into profit hence why the SP keeps falling. The question is are the BOD so blinkered on technical achievements they forgot they are running a company with shareholders or will this start to come good soon. My worry is I have seen this with a number of AIM companies great ideas and products but forget they are also there to make money for the shareholders not lose it and my worry is the BOD are happy doing good work which they enjoy and don't really care about the shareholders as long as they keep stumping up the cash to keep them going. Take a look a FUM a world beating product now being sold all over the world but still keep losing money.

The one thing I would like to hear from the BOD is decent projections on FCF, profits etc, unfortunately once they got the cash from the fund raise no information. They asked for more cash I gave them it in good faith and now want to see it is being used well i.e. making the company profitable not to fund the life styles of the BOD.

If it has changed and evolved so much why did it ask for more cash and still not showing any profit and the SP keeps falling, been losing money as public company longer than the first world war not so much evolution but same old, same old.

Wish I had sold up all keeping the faith has done is to lose money. Be interesting to know how many investors that put £1 in at the IPO are happy to keep waiting and have faith they will see a profit.

Lucksin

This companies SP has dropped from 100p to around 6p always consistently going down with or without global concerns.

Unfortunately this shares is doing what it does best, loosing money for shareholders and a life style choice for the BOD.

Savage_KeyboardR

Then go ahead and short PNN, put your money where your mouth is, publish the trades on here as you make them instead of harping on on the side lines on a company where you have no interest just like you do for Capita. We can then see how clever you really are.

JC01

Already sent 2 messages to IR and 1 to Tennyson, will send an email to Peel Hunt, I encourage all shareholders to do the same, they can't ignore us all.

Https://www.proactiveinvestors.co.uk/companies/news/1067547/diversified-energy-company-says-maverick-deal-remains-on-track-1067547.html

recently announced acquisition of Maverick Natural Resources remains on track, and the deal ‘is not, and will not be, impacted or adjusted’.

"not really much to negotiate. enquest doesn’t have a pot to **** in. it’s a rubbish company with far too much debt and a cowboy at the helm."

deja vu all over again, tailwind anyone. Wonder if Mercuria have got an interest in Enquest, looks like that have connections in the past.

I apricate OB makes the effort but it would be good if he was a bit more nuanced if all he says is this time next year we well all be millionaires year after year and every year we lose more money you have to ask who is likely to believe him or what is the point. It is very simple Rusty stop buying, say you are going to stop buying, give it a rest, give it some time for the dust to settle and those who want to get out to do so, at present there is panic selling trying to get out before Rusty rides again. IIs do your job, protect your investor funds stop this madness, harder than to just sell up but far better for your investors.

The 2 things I am looking in considering buying some shares for trading are for the US to stop trending down and the price in the UK to be at least 10p below the US price before US opens, worked for me before so hopefully will work again.

JC01

Been ignoring GG, don't bother to read his posts, as far as I am concerned he is howling at the moon, thought I would call Rrb1981 out a few times, too temping with the lies and rubbish posted but will refrain for doing that now. If/when SP recovers they will both crawl back in the woodwork, nether interested in DEC, buying or shorting just here for Schadenfreude.

Rrb1981

Wrong again, I do not believe DEC is a sham, I have said it has been very poorly managed which you would have known if you bother to read my posts, you only come crawling out of the woodwork when there are problems otherwise you go to ground. Back only a few days now and here we go AROs again, you got to over 100 mentions of AROs in a very short time before, having another go at upping your total. Perhaps you have forgotten after Trump's election AROs have gone away for at least 4 years which is more than we can say for you.

If you know so much why not short DEC, post your trades and we can see if you get it right. No chance, you don't own DEC shares, don't want to own DEC shares and won't short them but here you are, get a life.

Savage_KeyboardR

"You said the SP falling was improbably because of the Divi - I cannot help that you don't like that I've so far been proven to be correct."

I did not say that, the point is you spend your time giving out advice based on nothing but opinions of a very inexperienced know it all, YOU. The truth is shares go up, shares go down, a large part of the reasons at present are nothing to do with results, consolidation, RIs but global financial forces and this worse than useless Labour Government.

If you are so clever and you really think you are put your money where you mouth is and short the shares you keep basing, post your trades as you make them and then we can see if you really are that clever or all mouth and no trousers.

You won't of course and will disappear into the wood work if these shares go up and reappear like clockwork with I told you so if they go down and hang around like a bad smell until they recover. You are at best a stopped clock, right twice a day.

Savage_KeyboardR

"TerryM1 - How's you PNN RI going?"

Would that be the RI that you were not involved in but were telling everybody else what to do!

So now Savage_KeyboardR is obsessing about a possible share consolidation that he is not involved in and nothing to do with him, can't make it up.

MrG123

Already voted against it.

Worya

"Nothing has fundamentally changed from the announcement of the maverick deal "

Unfortunately it has, DEC were unable to fund it from new borrowing as planned so they had to have a fire sale of shares, this then showed the market who was swimming naked and rest is history.

Rrb1981

Lets put it this way I believe Oakbloke a lot more than I believe anything you say and that is saying a lot! How's your ARO's doing now?

MrG123

"No messages coming from the board. They really don't care about the SP drop this time round."

The BOD have gone to ground, they have not cared about the SP or shareholders for a very long time otherwise why keep pursuing a strategy which does nothing but trashes the SP, 8 deals in a row, 8 times SP tanks and all shareholders get is lies. As expected I have not got any replies to my emails and I bet no one else has either, however I bet DEC have read these and are too embarrassed or just can be bothered to reply, either way they know what the shareholder think of them. The best hope we have is the IIs with large holdings don't just cut and run but put a stop to this madness which they should have done a long time ago if they are truly care about their investors.

Culley01

"FCF & dividends are the only thing that’s going to move this permanently up"

I have been saying this for years, the results look good but not good enough, jam tomorrow does not cut it any more and has not for a long time.

Soon we will have Labours NI tax hit us, increase regulations along with all the other economic damage they are doing. AH's task has become a lot harder mostly because Labours total misunderstanding of economics. IMO the best plan is to increase offshoring to mitigate some of the increased costs, this will need more redundancies in the UK along the the one off costs that come with there but if CPI do not do this they will be undercut by companies that do.