Member Info for Treadstone

Another great set of figures. Never seen any company with growth compounding like this has over the last ten years. Never ceases to amaze.

Thanks. When I click on Investegate aim there's nothing there. Strange. Still volume should pick up with more good results. Whatever else may be said this is a good company with clearly defined ambitions for exploration and production. It seems odd that the volume so low. i expect it will pick up in time.

Thanks for your posts. Has this RNS only appeared on the Bridge website and here? Nothing on Investegate. The reason I ask is that for such a good result there's little buying behind the sp rising. ie Its not coming on more investors radar which it should.

Thanks for your reply. Fingers crossed.

My feelings exactly. How long do you think it might before we receive the G-well results?

Thanks for the link. Edison certainly believes we're undervalued. This should be a good medium term investment.

There are 63 million odd shares in issue. From what I've read on this board there are approx. 13million in freefloat the rest in the hands of institutions. This company is obviously well known on the Oslo exchange, but the Bod obviously felt that a quote in London would give it wider appeal.Quite right but its hardly been on aim for a month, so naturally there will be greater trading volumes in Norway. I dont think Oslo sets the share price and London follows in the strictist sense but they should be closely aligned. If say a Norwegian investor spotted that London was a few percentage points behind Oslo, he could carry out a swift arbitrage trade between the two markets to take advantage ie London price would move up 5% or whatever. All this lack of trade will fall away with drilling success. It will start arriving on analysts desks and the word will spread. Hope that helps a bit.

Trading volumes ridiculous. Some success with the drillbit should change that for good. It might even narrow the spread as well.

People think my wife's norwegian. They say she looks like a norse.

Have no idea myself who the seller might be or his/her motives for getting out. I'll just say this. Apart from the large sell there are more buyers but volumes are relatively low due to this being new and under the radar. I bought in at just under £1.40 with 7000 shares. Smarties got in here cheaper. With news not far off I'm sure this will come to the attention of more investors and analysts and trading volumes increase. The bod has an ambitious programme and if things go to plan the sp should move north in this difficult market.

£1.40 on the ask. I have bought a small amount around £10k. Share appears to have traction. Will add more on any pull back which may not happen. Looks like its going to attract a much higher daily volume as it comes to more investor's attention

You have done very well here by having the courage to stick and not trade. it always makes you think why did'nt I put more in here, but then again you never know when somethings going to go belly up at some point. This used to appear in Investor's Chronicle and never got one positive article on it. I think its because it did'nt spot ASC itself as a buy. the simple fact is that IC got it totally wrong. As long as it continues to grow sales well into double digits the sp will continue to grow steadily. At least the p/e ratio has come down from 200 to a more acceptable level. Well done. I'll look at the momentum investor in due course.

Spot on. It was my worse mistake not buying this for 17p in 2003. I simply could not find out what this company really did and my stockbroker was'nt interested beyond looking for analysts research notes of which there were none. If its not Rio Tinto or a similar sized operation they don't know. I should have put in a few thousand quid and just let it ride. Better still I could have paid the company a visit and found out for myself. This company now has a near worldwide footprint through its various websites and a client base of 5 million, which could grow exponentially considering how many 20-30 year old young women there are in the world who may like their fashion products. If there is a Warren Buffet longterm hold company on the LSE this is it. Compound growth of sales, revenues and profits year on year. It just shows how the multiplier effect can work from 17p. Only Polly Peck has done it before but it collapsed in financial fraud as we know. This is the one that got away from me. I can get cross about but I just laugh. I wonder how many bought at its bottom of 5p and have held ever since. Not many I guess.

sorry for nor replying earlier. SXX looks interesting but as you say its parked off until 2016. It could be very big. i find investing in this volatile market difficult and those that I held went down. It difficult to find long term winners you can simply hold and never have to worry. This share has a high p/e but it never stops growing does it. I can't say I understand the fashion world. Even Burberry has taken a knock. If you've got any other shares that look good over the longterm I'm willing to have a look. I'm largely in cash and using hindsight missing opportunities left right and centre.

The best share ever on aim. 15p in 2003 and over 2000p today. No other company has compounded its sales, revenues and profits year on year like ASC. Guess who looked at this at 17p and passed it up, because he could'nt find out much about the company or try and dig deeper. It was off most analysts radar. Yes you guessed it..... me!!

I see GLR has given up its gains. I forgot to mention I don't like the spread here either. 14% is ridiculous and won't lower until there's decent levels of trade here.

Well researched post, however its difficult to analyse the value of its holdings in a difficult market. The company may consider the market undervalues the worth of their assets but just about any company in commodities will tell you that. As soon as a rumour of a buy out comes out the share prices shoot up. If the offer is rejected the share just slump back into the doldrums. There are just so many undervalued commodity stocks on aim but until market sentiment improves it will remain that way. Its difficult to see which way this will go in the short term. There's some directors with good track records but I would prefer to watch this one for awhile and see if the market wants to maintain the current premium.

Just amazing. 31% growth in sales in the first quarter of the year. To think I missed buying this for 17p in 2003. If anybody hung in that long that would have been truly profitable. The biggest multibagger ever.

This has been repeatedly promoted by the IC magazine because the region contains high grade iron ore. Yet at the same time iron ore prices are poor and the steel industry worlwide is not that optimistic. Its no where near any production. Perhaps its the Stephen Dattels effect that's at work here. This reminds me of Tanfield, which turned its attention from manufacturing milk floats to electric vehicles. This caught investors imagination like Acta (Your favorite of old) and other clean energy shares like AFC etc. It shot up from around 20p to over 200p ending up with a p/e of nearly 200 before reality dawned as the company struggled to sell enough product and the sp crashed back to 5p. Its picked up since then. I got out at 104p panicking at the ridiculous p/e at that level. so will WAFM reach £2. Utter madness has taken over here a bit like a pyramid scheme. Compare this to BZM where the IC values it between 55p and 190p if you include its 2nd iron ore project due to come on stream in 2016. Even with a share buy back scheme now operating and first shipment of iron ore from Forecariah underway the share price hangs stubbornly around 17p. 10p of that represents cash alone. The market is completely irrational. Aim is not a level playing field is it. Between the MMs, shorters and derivative traders its just a casino for the professionals. PIs' have to swim in a shark pool without getting eaten. Commodity stocks on Aim have taken a beating over the last18 months. Only oilies seem to react well on finds. Looking elsewhere for hidden gold like WSG has paid off for you as its in a totally different area of business that the market sees as having good potential. The big worry for me is Eurozone debt and contracting world economies causing a general flight from equity markets. Eurozone debts are so huge that it looks to me that countries are going to resist pouring good money after bad into Spanish Banks etc, especially when they risk the wrath of their electorates. As it is Merkel's got to get agreement from the Bundestag. Its a big mess because no country can be allowed to leave the eurozone for fear of a meltdown, but there's no growth to pay down the debt. Oh well we shall see what the politicians can do beyond squabbling. Thanks.

It looks like nothing will stop this one moving north through 1£ from 10 p at launch last Xmas time. how big will the bubble get before reality sets in.