Member Info for the_shareminator

what price are you guys in at? i've seen this at 14/15 recently so hoping for the same again soon :)

i had to pay 13.50 commission (as usual) but also £3.17 stamp duty, i didn't realise i was importing anything :P

i was going to buy in at 12 so to get in below is fantastic! can you tell me why stamp duty applies for this share? I'm pretty sure i haven't payed it before on my other trades thanks

You're right! I did get 11.75! wow i only thought they improved orders that much for large cash amounts. I might have bought them oops lol

it may be because i have less than £700 in there lol, thanks I'll keep watching

i can only buy at 13p! whats up with that! might wait to see if it falls further

Market Capitalization: market capitalization is a market estimate of a company's value, based on perceived future prospects, economic and monetary conditions. Stock prices can also be moved by speculation about changes in expectations about profits or about mergers and acquisitions. Speculation can affect any asset class causing, valuations to rise/fall disproportionately to what many people would consider the fundamental value of the assets in question. Market capitalization is therefore only a rough measure of the true size of a market. Note the last sentence! Asset Value: An asset is money or valuables belonging to a company. So you see MCR assets may be worth 8 million, or near enough, however this may be based on the assets becoming profitable. The Market Cap as explained above can be manipulated despite a company's true value which is why things may look worse than they actually are

Lol asset value is NOT market cap! Market cap is the markets value of the company (no. of shares x share price), which at the moment is currently undervalued! This changes daily and has nothing to do with asset value as the assets are don't change daily. The assets are worth a lot more than the current market cap - it is being dragged back because of the debt and lack of income (something which will change as projects grow/ are sold off etc) Stop confusing people or are you just retarded? I'll say it again look at the assets sheet in the report

by exact figures i meant for the loan, the market cap is on the MCR share price page

TBG1 the market cap is constantly changing dependent on the share price. If you want exact figures, ring the company! The most recent report was the half yearly at the end of June, it's all in there http://www.investegate.co.uk/Article.aspx?id=20100630070000Z0168 I'm not making excuses for the company, they do owe money but so do all companies - it's part of the risk! Low risk = low gain. You can't expect a company to start making profits as soon as they have borrowed! It all takes time. You need to stop focusing on one negative and take in the rest for what it is! Anyone in doubt look at the assets balance sheet towards the bottom of the report.

Oh I know about the loan notes alright! You can't help bringing them up every time you post lol it's getting beyond a joke. I wasn't around to see 1.5p, only been here a while, average about 0.98p so still at a loss but there have been some opportunities to buy in at 0.75 recently which im considering doing to lower my average and sell on the next large spike. I agree this share has performed poorly but to say its doomed, is just ridiculous! It's not like the debt it is in is larger than all the assets! Use your brain TBG1, the company will sort itself out even if (worst case scenario) there is dilution! Stop being a wiener!

Obviously were are aware the SP has been falling! A month ago you would be lucky if this share moved 5% in a week, now it is moving more than 5% daily! Something is up yes but there has been no negative news to suggest why. Perhaps the MMs are taking advantage of the fearful such as yourself (no offence meant) and manipulating the price. When RKH fell from the 270s down to the 80s intraday a lot of people panicked and sold out. The share proceeded to rise back to its original SP. The point I'm trying to make is give it time and we'll see where this SP is once the company is making money! Yesterday the SP fell to 0.75 but news led it to rise to 0.88 about a 20% rise before falling back at the close. If you have spare cash there are opportunities like yesterday to average down while waiting for the long term investment to pay off

Did anyone invest/top up at 0.75 today? I was undecided at lunch and didn't act quickly enough or so i thought when the RNS came, it's since moved up further! Think that will be the last time we see the 0.70s for a while!

or perhaps it will stick around the 0.85 price.. lol

It's moved 12% in 10 minutes! Still rising! This should take us back to the 1 penny mark we were at 2 months ago

http://www.investegate.co.uk/article.aspx?id=20100728150500Z3728&fe=1

sorry to hear that mate, LP is 0.75 and I'm really thinking of lowering my average here as well! Think it may hit 0.70 at some point so holding out for that GL

Lol I meant a penny! Not a pound, woops I think the fact that this is 0.80 confused me and having only just woken up this equated to 80p in my head hence the £1 target. I meant 1p ;)

No offence meant like ;) SIPP? Share in personal portfolio? I'm hoping it will be back at the £1 mark soon, would be great to see anything more. It's been a tough couple of weeks watching your value slump and then dive only to recover a bit. We are due some form of news, it's been weeks since we last heard from them. I think if we hit 1.50 this week I'd sell lol, that would be a handsome profit for me GL

Are you TBG1 in disguise or do you mean that lol?