Member Info for toptuf

News and events will get the trades flowing. It's only 2 trading days until a long Easter weekend so probably not the time for opening new positions on a recovery stock, unless you are a PI who hasn't used the £20k allowance.

Putting generational events to one side, I can see two possible, albeit highly unlikely, issues that may stymie this company. One is a (sizeable) fall in the price of copper. Simply retracing by ten per cent in the short term won't have an impact but a sustained drop probably would. Having said that, why would copper, which is in short supply and for which demand is only going one way, suddenly go off a cliff? The second one would be an explosion at the mine but if you choose not to invest on that basis then your money is better off in your piggy bank. I suppose something dreadful could happen to the new CEO but I would refer you to the previous point. Any investing has a degree of risk but then so did putting your money in Northern Rock. Sit back, relax, top up next week if you have funds to do so or at the very least engage in a bit of 'Bed and ISA'. By summer's end we will be having a different discussion although alas it won't be about where we went on our holidays.

Billbo: I understand your confusion but ultimately none of us really knows where the share price will go to, other than having a high degree of confidence that it will go up. Listening to 'experts' on podcasts and You tube won't take you much further forward either. The range of year end forecasts that I have seen is 0.5p to 3.0p. DJ is correct that news will be the catalyst and this will come at regular intervals once there is something substantive to report. 2021 is a turnaround year with the real benefits of holding this share likely to come from 2022 onwards. That's not to say that I don't think you should fill your boots now because once this starts moving, today's price will seem laughable. That's just my view and as always you should make your own decisions based on detailed research rather than the musings of me and other stir crazy contributors. Have a good weekend.

A few weeks ago Mr Five Candles told us that his calculations showed that this "overhang" was as good as finished. Perhaps if he is reading this exchange he might update us?

Bertie: People are sitting contently on their holdings waiting for 6th April. There are only so many times that the same thing can be said before it becomes boring (no pun intended). Personally I don't miss the ridiculous, seemingly endless round, of short term predictions. Year end or long term is OK but even then once is enough. This will move when there is solid news to report. We have been promised updates and they will come in good time. Other than that I am looking forward to seeing a few family members in the seclusion of the garden and leaving Rambler and its progress in the capable hands of Mr Bradbury and his associates.

If you are referring to Lombard Odier, you need to bear in mind that they acquired many of their shares at 0.2p. A wealthy client of Lombard's might be very happy to take a quick 50% return and then look for another equally speedy buck elsewhere. Other clients of LO might be happier to stay for the long (or medium term) haul. As for the state of my powder, I hardly think that predicting a decent return in a year's time can be equated with some of the wilder short term 'forecasts' on here. On which subject I am still awaiting the RNS that our friend Jam insisted would be with us by 16.00 today! Enjoy the weekend.

Was that last bit for the cricket or the rugby, or both??

Pedro: Every week you will see predictions of various upcoming events on this board whether that's an RNS, a takeover bid or an upward surge of the share price. What you rarely see is anyone holding up their hands and apologising when their prediction turns out to be wrong. One contributor recently received a communication from Toby Bradbury, published on here, in which he promised to provide quarterly updates on the progress of the turnaround plan. I have no doubt that he will keep his word, but he may view the information provided with the recent fund raising as an 'update' and therefore nothing more would be due until the middle of May unless there is a one off event worthy of note. Lombard? They have promised to sell any shares in an orderly way and that seems to be the case. Clearly, if there was a surge in the share price they may well decide to cash in, but all of this is speculation. I'm not really into the short term prediction business but what I will say is that if you still have these in 12 months time, there is a very strong chance that you will be sitting on a very nice profit.

I owe you an apology Jam. I see you posted at 16.00 yesterday that it would be within 48 hours. I'll be sitting checking the half time football scores on my laptop tomorrow afternoon so I'll be ready for the announcement when it comes :-)

Can you define imminent?

I don't consider a bit of light hearted humour to be 'a personal attack'. If you continually make the same comment every day without putting any balance into your posts you leave yourself open to some gentle ribbing. I can see when the price has gone down thanks to the large red figures at the top of the page. Some analysis of why that's the case rather than constant references to skiing would be better than constant gloom. This share has gone from 121 to 136 so far this year as well as paying out a decent half year dividend six weeks ago. Maybe Mikey paid a couple of quid a share in which case I can understand his feeling frustrated, but ignoring the blue days and banging on about the red ones is becoming tedious. As for filters, I'm a First Amendment man unless a comment is ****** or otherwise bigoted. The right to free speech includes the right to make a fool of yourself; something I've taken advantage of plenty of times in my 55 years.

Reading Mikey's posts and given the handle of another regular contributor, perhaps he should change his name to 'Impatient'.

It seems that all sorts of things are brewing if the predictions on here are any guide. I await with bated breath a bid of multiples of the SP, an RNS within hours and the sp shooting up to 0.5p. I'll keep my powder dry until there's any evidence of these things occurring :-)

If you are day trading then clearly the daily moves are your bread and butter. I suspect that Mikey isn't in that category or if he is, he isn't very successful because he is more of a doom monger than Fraser from Dad's Army.

Not sure there is anything much to these moves. We were up at 6.4 recently and down to 3.8 and neither move was based on anything solid (at least that we know about). There will be some technical trades; sells on stop losses and vice versa. Having said that, positive news; paid for orders, should see an SP close to double figures. A constant stream of orders and anything is possible although the lack of news is worrying. I would expect a bare minimum of quarterly updates and we are overdue. Holding 100,000 but more in hope than expectation.

Is that a typo or do you have a very high regard for Mr Akers?

Two weeks ago we were in danger of dropping below 1.20 and now we are edging towards 1.40. Why do the daily gyrations matter in that scenario?

If I was a potential suitor for Rambler I think I would be keeping a watching brief to see how the turnaround for this year is implemented before coming in with an offer. Clearly the danger with that is that another bidder gets in first but then a counter offer could be made. I've never run a large business and maybe this isn't how they think, but at the very least I would want to see a couple of quarterly updates. It's different for us because we are buying at today's share price not at 5/6 x multiple and the value is blindingly obvious at .34p.

What do you think the board would accept and if there isn't a takeover where do you see the sp in six months? Sorry, sounds like a job interview!

What's your time frame for any takeover?