Member Info for TrekMadone

5.55 to fund, may or may not be taken up by PI’s but won’t matter as Shore will have rest. I expect, well there is a possibility that Shore will derisk after OO if sp is as expected above 2p. This is what insti’s seem to have been doing of late. So that tells me they are confident of having an exit if they so wish else they would not have underwritten the offer. So good news for holders no matter how you look at it but try not to get caught in any spikes as it’s a long road. Imo hold tight to what you have as a base and then average up as each significant step manifests then you’ll be blue all the way to the drill when half can be sold or let it ride. Gla Trek

Look at BPC RNS today, open offer to shareholders to fund drill underwritten by Shore Capital.

This is similar to what holders here wanted and looks like it will be a sp driver for BPC now.

Instead I have dumped my SXX with a massive 75% loss coz the BoD don’t know what they are doing! They seem to be so intent on rubbing shoulders with the City that they forgot the PI’s mostly little people that have funded this!

Trek, I hope my investment paid for a few shovels coz you’ll need it to dig your way outta this mess!

"I'm struggling understanding some parts of this RNS could someone explain the results of Gazelle? Cheers :)"

Simple...
Lipstick on a pig!

Trek, v disappointed

Results Monday, please don’t blame anything on IFRS changes, getting fed up with that line on AIM. Just need to know we are on track to become Ebit neutral by 2021 and that opex is now ahead of glidepath following write downs and that revenues are unaffected. Should make for an interesting read together with cash position. Trek

Just reading through the prospectus again and PSS take up is a big endorsement, on a 1:38 he would have 298511, obviously they have different terms but he has taken, conditional on agm, 6.28m. That is huge and other big holders have followed suit. I note setcar is ebit positive and a decent £8m of forward revenue but it’s the opportunity from here for Directa environmental solutions, the new subsidiary, and their partner, GVC, to get a direct route to market and the respective growth opportunities. I really think this is a transformational phase now for the company. The major investors have really backed this and I don’t see Cantor having any problem placing stock. It’s been good of the board to allow PI’s to partake albeit the sp is a little shabby due to how aim behaves in low volumes but I think that will change. Although we have a placing at least it is accretive and should be reflected in the MCAP. Once the dust settles I do expect a rerate because uncertainty is removed and we have another decent revenue stream that will add to self funding.

Trek

Imo sp going nowhere for a while unless farm in news. If it goes over 2p then as this is a punt stock peeps will sell and take up offer at 2p. If below 2p why take up offer. Best to have some in and some on sidelines ATM imo and only invest with view to loosing all. Still a long way to go this is going to be a traders dream!

Trek, not a trader just feet on ground.

Yep that's the one!

Giving away our age now!

Trek

Sanctuary, that'll be The Cure. Lol!

Trek, RNS waiting!

Ah! A great iron maiden track! Don’t think it will but if it does I will be a buyer of BP that’s for sure, such is the vagaries of the poo that it can do more to kick start an economy than any amount of QE! Then around we go again!

Cyclical Trek,

Well I’ve sold some to cover the OO and taken some profits out. BPC has never followed logic so now is probably the time! My concern is if they don’t get the funds we will get Insti demands for a discount at the often stated 1.2 or thereabouts and the sp will tank. The prices on aim for all the cos I have followed thus far have dipped below the placing price for quite a while after the placing. I’ve hedged accordingly and parked the money in TXP who have a transformational newsflow due in November and the odds there look very good as it’s basically an appraisal test accredited as exploration by the market due to e&p vagaries. If it’s come off I will buy back here willing to pay more for certainty or pick up more shares at the insti price, snakes!

GLA

Treklogic!

Great interview, PB explained tax benefits with $49.99 Brent, it’s almost a built in hedge! Bought more, 14153, ahead of November newsflow.

Trek

Mines for a meeting to future proof European finance.

Probably be the last one! Mongolia is a safer bet with a more friendly regulatory and tax framework. Especially compared to that dodgy North Sea!

Trek

Underlines board policy imo.

Trek

£1

Thanks, Yep keep forgetting as other than mandated audited accounts you’d probably never notice! Anyways being on the main market should be a DD tick for any potential stake builders. I’m sure someone will soon take an interest. I mean where have all those MIton/Hadron shares gone. We’re not exactly 3p again and it can’t be all PI.

Trek,

£1

Scale is everything at this juncture, it’s a similar mind set to how google, amazon, Facebook etc evolved. Dominate the market and make it too expensive for others to enter and compete. Be the biggest and most efficient first then later they will probably buy back shares. The co will be more than cognisant of the sp as the current level makes us vulnerable which ironically could be the cheapest route to market for a competitor by circumventing the entry barriers. But ARB cant do much about that other than stick to plan. They tried to reach out to Hive and thankfully withdrew as that would have been a race to the bottom. What would help and may yet happen is some core investors building a declarable stake in ARB. Just keep eye on plan and the numbers and have a little patience but even after that this is aim so it will be bumpy.

Trek

£1

Revenue v Mcap hilarious! Ebit positive already! Imo share but back not too far off!

Have fun off for 18!

Trek

£1

Yes F1 update most excellent. It’s good to see some newsflow from the co and we may get an RNS for the new content...

“Gfinity will launch exclusive content, such as podcast series and video show formats, to attract more gamers to the sites in October. In addition, it will start to trial content in multiple languages, growing the community further, driving additional revenue streams for the company.”

I appreciate the negativity here as I have been in and out of Gfin for over 2 years now but I think that as long as the recurring revenue streams and ebit turnaround that the co has repeatedly alluded to come to fruition on time then 4p is going to be bargain. Still need to see the numbers though but worth building a stake at these levels with punt money.

Trek, ifs and buts, let’s see!

I have taken up rights and requested more. Gotta have round numbers on AIM! I think this raise is so much different to the last especially with PSS on board. The co should get the funds this time to move forward. Remember the director incentives are also revenue driven so clear alignment. Wouldn't be surprised to see us back to high 80's when it's done.
Trek

I’m getting the same. LSE said to clear your cache, I did that by investing here! Lol!

Trek.

"Should major world markets pull back by 30% and the oil price drops to $30 how would the ECO SP fare even if we get some relatively good news"

It's a reasonable question to which no one knows the answer, just some points of many to consider. A lower oil price can have a more positive impact on growth than any amount of QE because consumers of oil benefit immediately which reduces costs increases disposable income. Likewise a high poo is not always a good thing. $45-$60 is probably about right such is the historic volatility. How would a low price affect eco, well obviously any buyer would try and screw us as much as possible and a lower poo will help their corner but in reality a buyer will more than likely have a macro equation that they will stick to for a longer term valuation of ECO and take it from there. However, a stock market crash and global slow down will obviously favour a buyer which is why we could do with a few interested parties and if it's really that bad historically wars follow and safe oil is king. So I guess like any investment it's a risk. Trek, peace not war.