Member Info for the_shareminator

Think this has further to fall. The bad debt is a one-off... until the next time it happens lol, can't see any reason to blindly trust broker forecasts in this circumstance either given they too were caught completely off guard. This is a smalll illiquid stock so perhaps todays volume doesn't justify the fall but I believe the MM's marked it down early to avoid heavy selling. Might get some bottom feeders move in. The hope is for a stronger H117 given deferrals but todays update will damage expectations and growth projections. This looks weak to me

Dummy sell keeps on rising. Silver is only up 1% today. Gold a little better. But miners/explorers with exposure are surging!

200% up 2016 and only now on my radar lol! Still the year ahead looks promising so worth an initial punt today at £78m with recent share placing to satisfy institutional demand (lack of liquidity). Trading update end of the month

Almost 50% up since bottoming but still much lower for the year. Short term rise is done or near enough so will wait for the correction

ASA was tipped by one guy with a following on twitter a month or two back shortly after SLP surged to year highs. Believe the same thing happened here when Nickel was flavour of the month following mine suspensions. Right now ASA still looks expensive compared to SLP given the latter's cash pile and current EBITDA rate of $3.5-4 million per quarter.

Just too cheap on opportunity reward alone like you say Quoth, the trading statements have been solid and exposure to the silver price which is now bubbling away should be a priority for all serious investors. PGM's are flavour of the month right now

14.43 paid earlier today, not by me I might add :P

Volume: 205,546 so far for 2017

Nice to hear from you :) Looks like some buying today, the ask is now 2.7 for limited buying of 75,000 I can sell 200,000 at 2.3 Big spread, rising on thin volume because there just isn't that much stock around. Set those limit sells in the high 3s and 4s and encourage the MM's to raise the price to a more reasonable level. The share price jumped last May from 2.25 to 4p in two trading sessions before consolidation a little lower. Given the improved trading periods since then plus the favourable exchange rate we should be sitting at 3p minimum with a 5-6p target by mid summer. Good luck :)

Lovely trend reversal in motion, missed a trick. Well done guys Lennie - like you said it's mirroring the price across the pond.

Back in again today at 2.4 and will sit patiently once again for the lead up to results Didn't think MBO would fall this far but being highly illiquid and lacking exposure the stock moves in cycles. Rises before results in the summer months (June - September) and drops off in the winter months. MBO peaked around 5p last time. Confident this will once again look cheap come June 2017 GLA

December 2017 could well be!

Stride Gaming (STR) floated 19 months ago with a strategy of consolidating the online bingo market. This is a part of the online gaming market that is not as attractive to the major companies as casino and sports gaming but it is still a highly cash generative business. Stride has wasted little time in making acquisitions and the most recent purchases were partly financed by a £27 million placing at 225p a share. Tax changes have led to smaller market participants wanting to exit and larger operators not wanting to be involved in areas where their market share is low. Stride is taking advantage of this. The full year profit is expected to rise from £11.3 million to £18.3 million, even without full contributions from the most recent acquisitions - more importantly, earnings per share (EPS) will grow by 11%. The dividend is expected to rise by 12% to 2.8p a share. There are still more cost savings to come through next year. The management is experienced and it has shown it can secure good deals. If no more acquisitions are made then the cash pile will rapidly build up. It could reach more than £20 million by the end of August 2018. In reality further deals will be done and they should be earnings enhancing. There is also a growing dividend, although the prospective yield is currently relatively modest at 1.2%.

Shares are trading on 10 times prospective 2016-17 earnings

At 30 December 2016 the unaudited net asset value (NAV) per ordinary share was 1,043.0 pence.

Gresham House Strategic (GHS) was formerly known as Spark Ventures until it appointed Gresham House as its investment adviser in August 2015. The deal included an injection of share stakes into the company, which had sold its investments other than its stake in mobile software developer IMImobile, by Gresham House. The focus is profitable and cash generative businesses and in some cases the investment manager works with the investee companies to enhance their prospects. Investments include investment manager Miton (MGR), oil sector equipment rental business Northbridge (NBI), publisher Quarto (QRT) and recently floated cosmetics firm Warpaint (W7L). Plenty of cash to invest in additional companies In November NAV was estimated at 1025p a share Portfolio made up of large stakes in small quoted companies Nice exposure to a portfolio of growing small companies. 1000 target this year

Moving up nicely and nobody around either :) Good little 'soft brexit' play. Foundries operator Chamberlin (CMH) has had a poor couple of years but it is on the verge of an upturn in its fortunes. The commencement of previously announced large turbo charger component contracts early next year means that profit should bounce back in 2017-18. Turbo charged cars are forecast to substantially increase their share of the overall car market by the end of the decade. A two litre turbo-charged petrol engine can do the job of a three litre petrol engine and this means that less fuel is needed and emissions will be lower. Chamberlin is closing its Leicester foundry and concentrating on the Walsall site, where the turbo charger components will be made and machined, and S****horpe, where larger castings are made. Turbo charger housing volumes will increase significantly in 2017 and the new finishing facility will be up and running in a couple of months. There is also potential to grow the engineering division, which includes emergency exit hardware supplier Exidor and hazardous area lighting equipment supplier Petrel, where new products have been launched. Underlying full year profit, before Leicester closure costs, is expected to be flat at £700,000 Looking further out it could come in around £2 million, which would put the shares on five times prospective earnings. There is a level of uncertainty because of the UK exit from the EU and the lack of clarity on what will happen. Europe is an important market for Chamberlin, particularly for the turbo charger housings business.

Unfortunately your memory just isn't what it used to be. All these corrections and still you come back for more haha. I do hope you enjoyed rereading the paste job. It being the first message I posted on the WRES board in October last year contrary to your belief. And still you cannot quote me lol, you're so eager to reply and without any source material. Would love to see the original bashing posts you mentioned, presumably they came before these posts (third time today...) "Beginning to look expensive now in my view. It's risen well since the summer, better than most small-cap resource stocks and there is long term value to be untapped but look around what £25-26m companies can get you and WRES doesn't seem so attractive. This is a bottom-draw price at this level if you're in long term otherwise wait for the correction. Capital raising to come? The problem with most producers with debts is the lack of margin right now. WRES do not have significant liabilities, but they were struggling to achieve profitability. The BOD have never been upfront about the actual financial figures. I remember waiting month after month for a breakdown of figures and the share price drifted lower. This was back in 2014 I think, then they announced a form of funding under some guise of cash-flow issue.. WRES have turned a corner recently as we've seen a sustained rise, far beyond what I was hoping for short term. The dilution has unfortunately meant current stock is pricing the company at £25m and for prospects alone I find that pricey. Commodities have turned lower and I would expect the majority of small-cap explorers to retrace from recent highs now. With regards the "costed production plan" I would be skeptical about its accuracy given the company's previous to develop La Parilla Tailings. £25m value after the rise WRES has experienced seems expensive to me. It has nothing to do with a 'grown up approach'. You'll find this is what makes a market. It is made up of different views. You can buy my stock at 0.61 and I will rebuy when I consider the retrace is turning. Right now there are plenty of stocks like WRES which look expensive given their rise and have already begun to fall, so I expect this to follow suit but I will hold a couple of resource stocks that are cash generative and not marginal plays." You're right though, there a small group of people who hold no matter what happens with WRES. I guess that's the masterplan. Follower the masterman and everything will be okay. Look forward to your next informative post about myself. Funny, if your stock research is as limited as your narrative directed towards me, it's little wonder you rely on others

Lol you're still going on even after I have corrected you how many times haha did you find the "posts a month or so earlier,saying the comp was uninvestable"? Guess not. You can try and second guess my posting all you like. People like you seem to have nothing better to do with their time than be proven wrong time and time again. So would you care to clarify this post with a quote for once? The fact remains I posted on October 17 at first to discuss a few on topic points and in the followup post to Jimbo declared the last of my holding sold and the reasons for doing so in greater detail. There is no imaginary posts a month or so earlier suggesting WRES were a bad investment. Furthermore I'm well within my right to tear into them over La Parilla Tailings which was handled poorly and with no transparency offered to investors of WRES at the time. Here is my initial posts FYI, second time today... "Beginning to look expensive now in my view. It's risen well since the summer, better than most small-cap resource stocks and there is long term value to be untapped but look around what £25-26m companies can get you and WRES doesn't seem so attractive. This is a bottom-draw price at this level if you're in long term otherwise wait for the correction. Capital raising to come? The problem with most producers with debts is the lack of margin right now. WRES do not have significant liabilities, but they were struggling to achieve profitability. The BOD have never been upfront about the actual financial figures. I remember waiting month after month for a breakdown of figures and the share price drifted lower. This was back in 2014 I think, then they announced a form of funding under some guise of cash-flow issue.. WRES have turned a corner recently as we've seen a sustained rise, far beyond what I was hoping for short term. The dilution has unfortunately meant current stock is pricing the company at £25m and for prospects alone I find that pricey. Commodities have turned lower and I would expect the majority of small-cap explorers to retrace from recent highs now. With regards the "costed production plan" I would be skeptical about its accuracy given the company's previous to develop La Parilla Tailings. £25m value after the rise WRES has experienced seems expensive to me. It has nothing to do with a 'grown up approach'. You'll find this is what makes a market. It is made up of different views. You can buy my stock at 0.61 and I will rebuy when I consider the retrace is turning. Right now there are plenty of stocks like WRES which look expensive given their rise and have already begun to fall, so I expect this to follow suit but I will hold a couple of resource stocks that are cash generative and not marginal plays." Did you see the bit about La Parilla Tailings? Yes. In my first post to Jimbo. So I never moved onto it you moron.

Platinum traded as low as $829 and palladium was around $486 taking the daily average. Today platinum sits at $942/oz and palladium at $712/oz. Rhodium at $650/oz is trading higher also at $770/oz The basket price for the month of January came in at $745/oz. Today it is sat around $864/oz. Last quarter the pgm basket price averaged $859/oz and should bring in about $3.7 - $3.8m EBITDA The cash position this time last year was $6.8 million. It currently stands at $11.1 million. Cash costs this time last year were $532/oz. They were $408/oz in the last quarter. Output this time last year was 13,729 ounces. Last quarter the company produced 17,257 ounces We are already in a much better state going forward and there is plenty to be excited about in the coming year