Member Info for TrekMadone

That 9281 trade is a buy, it’s my top up, leads me to think the 2 x 25k sells are probably buys as well. It’s a pain when mm move spread around so much. But I guess they are only indicators anyway. Trek, reaching down settee!

Main concern here is solvency and given all the dd that should have been undertaken by these new investors with deep pockets that must be less of a risk now.

Invesco would be virtually clear now as TCG would no longer fit their risk profile but we have three major new buyers who have soaked up their shares and they would have worked out that post the Fosun recap that those buys would imo be in the money or put them in a position to force Fosun’s hand.

For those with risk appetite this is now a stonking buy with 15p looking likely and possible even 25p if we get competitive buying.

Trek, DYOR.

Agree with you on all fronts. Looking to gradually buy here for sipp and tuck away for yield. So many opportunities in market at moment. Seems few are accounting for a Brexit deal or an eventual trade deal. These factors have got me buying now and will add after macro sorts itself out either by paying higher or lower but at least if things turnaround I’m in. Time to average in imo. Trek

Picked up 40k for now. May go a little lower as Aug is quiet here. Gave me an average of 4.5p after dealing costs so well pleased with that. It may go a little lower but I think this is about as close to the post placing bottom there is. May buy more later but market is like a sweet shop atm adding high yield to ones sipp. Gotta be careful though with Brexit as could go either way but at least ‘kids’ will keep on gaming without queues at customs! Trek

Any idea who is selling to PSS? I am aware that indaco sold as dcta no longer fitted in with their risk profile, fine, I also know early investors took an out probably otc. Surely pss has tapped up some other institutional shareholders and let them know there is a market for stock? Else I don't get where these remaining vols are coming from. Furthermore, the market is completely agnostic to this. Any other stock and we'd have doubled on holdings RNSs alone. As it happens there's just a few of us reading the signs. Something has gotta give soon. Trek, buying!

Well that’s impressive itsyou, actually calculating the % to two dec pts! Imo Aug is a good time to add as it’s quiet on news front. Need to get in before PSS though!

I reckon £1.50 soon, back to IPO price.

Trek

“Dear PI’s thank you for making this venture possible, we now need to tap you for some more dosh at 9p. Following the success of the £425m oversubscribed share placing can we do it again for £500m and be done with it. I know it’s dilution but it will save 12% coupon and you will have dividends to look forward to plus as soon as we are EBIT positive we will buy the shares back off you at a substantially higher price”. Carlsberg RNS Trek, Come on CF just ask us!!!

“Yes, it now seems possible that spud news will not drop before the operational update” . Likewise hope not, nice to have two RNS else may appear a little bitter sweet. Ops update needs to hopefully focus on increase in Bpd and debt reduction. Spud could be icing on cake even if it’s same day separate RNS but let’s not have it in together. Guidance also key. Looking through numbers though I think this is as good a low MCAP risk story as there is £26m and producing could be heading for a DGOC type model if they get the formula right. There’s plenty of opportunities there to tap, cashflow and move on. Re timing, i’m seriously have a rethink about my sxx holding and may split across here and savp as I see either could double reasonably quickly and sxx was supposed to be the safe end of my risk portfolio. Trek, wtfdik!

They are cash rich, they could buy their own shares back.

Sure they could but atm market dominance is paramount. It’s the competitive threat imo which has suppressed the sp. Argo need to keep grabbing volume and increasing difficulties from the blockchain. The only cost is capex and electricity, pay costs are negligible. Remember 70% of mining is in China, Argo need to compete on all levels by becoming the lowest cost biggest capacity miner to create a high barrier of entry to others and be first to seize mining opportunities else it won’t matter long term how many shares they buy back now. Grounded Trek, buy!

Yes they were all above the ask, there were also a few large sells that may well have been buys. Good volume yesterday. News please. Trek

Hi Ojay, doing both. Some good posters here be interested to see what they think is the bottom. I’m waiting for 5.9 for now. Trek. Ps been busy buying AV. LGEN and PHNX as divi tuckaways in sipp. GLA.

If it drops below £5 i’ll Buy if not will wait. This one will imo do well whatever govt is in office or Brexit as nhs spend should increase. Trek seeking value

Just a few posters here expecting this drop many thought it was oversold when only down 15%. Not making any point other than an observation. It’s interesting that the crowd view on a bb was different to the market view. Sure macro is not helping but imo MATD other than interest rates is pretty macro agnostic at this stage. Now wonder where the bottom is, I expect a false bounce first. Mustn’t let it burn a hole in ones pocket gotta be careful. Just half back in then the other half later even if it means paying more but selling half my stake at 6.8 doesn’t look so bad a call now. Gla. Trek

Wallact,

Totally agree re plugging well and I am of view this could drag on hence I have taken some profit off table. You did well buying a 2.8 so hope you and others here have a cushion. I am pretty sure (not really evidenced based) that this will come good or they already know it is good but imo the market is currently expecting a quick exchange of paperwork as AIM is usually less forgiving than this drop and that may take a few weeks or more. If that’s the case I will be buying back in probably lower than 6.8. Just a view. Trek.

Problem with Trump is his execution, he is right on many fronts, china trade and forgery, NATO should pay, Iran taking ps, Russia not complying with arms etc but then he doesn't go about putting it right appropriately oh apart from Syrian red line on using chemicals on its people. Then in the next breath he drops some clangers. Love or loathe him personally I think the world needed a bit of disruption coz we were getting complacent but not too much and now everyone has become a protectionist. Time for a change sooner rather than later. Trek two sides.

Why not got a tidy profit, 65%. Now have funds to cover my investment. If as I hope we get clarity soon my initial investment can stay for results and I can think about options. Rule one, (unless it’s money you can just loose, which is fine) protect your capital at all costs else you have no choices. Trek investor protector!

More big trades over last few sessions. 22%? Trek

Thinking out loud if this is a 3:4 shot then surely a lot of those odds are in the price. The sp has recovered from sub 4p to around 8p. If heron comes in as I hope I don’t however expect a massive rise. What it will do is set a floor probably around 10p. The market may only reward us if red deer comes in and if it doesn’t I think we will go down again. Aim seems to take more than it gives nowadays but if we land both heron and red deer holders will be able to sit back and reap the rewards. I did originally think we were buying heron and getting red deer for free if it came in but I’m not so sure now following experience from elsewhere. Trek machinations but trying to stay grounded.

CIBC world markets inc seems to be the late buyer, #079 picking up stock from TD securities inc #07 obviously what we don’t know is the individual behind the trades but will be interesting to see if CIBC continue Tuesday. Trek

https://tmxmatrix.com/company/EOG

‘If there is a positive RNS Monday morning or just after the TSX opens wont the 'big hitter' have a bit of explaining to do?’

Unfortunately not our regulators have no teeth, the FCA is a complete waste of time I have brought stuff to them in the past about scams and even raised a crime number! ‘Well add them to our list’ and why is there only one monopolies commission, lol! Trek XEL survivor!