Member Info for tiff723

I do not know where you are coming from but please yourself. Go ahead and buy lots more despite the RNS advising otherwise.

Lots of punters bought Beacon Hill at 0.01 too. They all went down with the ship

Are you deluded? There is nothing good in this RNS and the distribution agreement is clearly worth jack shyte unless someone is actually buying. No mention of revenues in the RNS but need to diversify (buy another business) was telling. Take off the rose tinted spectacles. Smell the manure!

There are other companies offering this technology (see APC for one) and please believe me that all goverment organisations look at any prospective company's balance sheet and sustainability before letting a contract...that's why goverment departments including local governments usually end up paying a premium; they avoid risk..unlike us lot. The worrying comment in the RNS is the prospect of raising funding to buy another business! So they have failed here and therefore think lets keep the shell (with no cash) to kick off another without the pain of getting the new business admitted to AIM; that's what a reverse take over is and there will be no value left for existing shareholders. We are foooked !!!

It is clear from this that they have no customers and a company in such a distressed state is unlikely to win any government contracts. Also the bod clearly have list confidence in the ability of the current business to generate revenues hence looking to aquire other businesses. No silver lining here that I can see

What positives?

0.01 to sell

Ouch!

90% down on my initial outlay, just bought a few more.

Moreforus, sorry am I missing something? AIM listed companies go to Darwin when the banks will not lend and you cannot get a placing underwritten by an investment bank. You may consider a rights issue but PIs and AIM and rights issues are never found in the same sentence (except here)! Back to the point, Yes it is old cash but we are now paying through the nose for it

The bid is where it was at close yesterday.The ask went up late in the day on no volume!!!!

How long before the company needs more cash and goes to Darwin for another rinse? Just look at BHR...case in point of jam tomorrow, Darwin providing cash for shares at ever increasing discounts to the SP, Darwin shorting ahead of it's bonus warrant issues...the death spiral...BHR is no more.

And cannot remember why! Must write things down. 80% off!

Don't set up stop losses on AIM, they will get you every time

the thing is the historical fundamentals look good but we haven't seen the 2014 results yet. Maybe there is bad news lurking there; we will not know until it's published will we. Results must be due soon??

The only way to make money on AIM is to day trade. Sad isn't it??

Mine's a pint of Ringwood thanks.

Stuck in reverse!

Why did the SP rise today in the first place?Last night's RNS was not game changing. They did no more that realise a proportion of their assets and take some cash to provide Opex. Why did they do that? are they not profitable in the year to Dec 2014? They have been profitable for the past 4 years. The assets (whether in shares or cash) will be on the balance sheet either way; there has been no material increase in value has there? So the real question is....why wasn't the SP much higher before this RNS?

And this company makes a profit and has a positive and low P/E ratio; you don't get a lot of those on AIM