Oh Please Mainora! Change the record. There is no placement pending as there is no need for cash. No acquisitions needed and lots of cash flow now. If anything we need a 1 for 10 share split so the amount of shares isn't the ridiculous 1.6 billion.
I'm a little dissapointed with the share price at the moment but not concerned. I'm not attending the AGM this year due to work load. Also last year I only attended to get reassurances that they weren't about to go bang. I haven't got the same worries this year. I've got a 1m buy order if it hits 1.2p which I'm hoping it doesn't as I've got too many as it is. Looking forward to the post AGM statement then half year results. Then a steady rise to 2.5p by year end. DYOR.
I'm still here. Can't sleep with the anticipation. No idea what's coming but hopefully it's going to be better than expected. I'm more interested in the next half year results. That's when this share is going to gain momentum.
You just made me check my trade history. 51 trades since my first purchase in March 2014. £2k worth at 7.4p. I've managed to average down nicely to 1.1p with 8.4m shares. Thinking of selling 1m at 2p and investing in flowgroup (flow), a local company.
Yeah, I'm here until 10p. That's very long term. I'm just gutted I didn't follow my instincts and wait until it hit 1.4, which was pretty inevitable after the placing price. Oh well. It'll be back above 1.8 by end of May.
Well I've got my tail between my legs after my last top up @ 1.59 There's not a lot to talk about at the moment to be honest. I've heard the news I need to hear so I'm just twiddling my thumbs until the final results.
I wanted to keep my holding above .5 % and had to buy more after the placing. Couldn't put it in my ISA as I'm all used up so in a couple of weeks time you'll see me drop them then buy back, hopefully I'll time it right. I'll pick a day with good spikes. Seriously though, now I've seen it go above 2p, twice, I'm more than happy to invest below that level. Lots of positive news recently but I'm very dissapointed in the share dilution; another one and we'll be heading for 2Billion shares!
That was me topping up before we lose the chance at this level.
And you are welcome lr4850. I hope I was able to reassure some people with regards to their investments. It was no dead certainty that there would be a quick turnaround but I was satisfied that it was a viable company with prospects.
I was an hour late as my invitation from iWeb share dealing stated the wrong time. (I got £100 compensation though.) So they gave me a private meeting for an hour. I believe that only one other person turned up for the AGM. And yes, this was obviously last year; I'm not Doctor Who or Marty McFly.
I'm still here with my 8m shares. I read this bb every night but don't post unless I've got something constructive to add. With regards to the AGM, things seem to be going better than I anticipated. I expected at least 8-12 months before closure to legacy issues. And I didn't expect the sp to be where it is until summer. My target to sell was 3p but I'm holding until 5p now.
They also recommended selling at 0.9479 on the 10th Dec 2015.
If it does, the Christmas party is all on me. I'm being realistic. Slow steady rise. It might spike up to 4p in the summer but the question was "end of year predictions". I truly hope I'm wrong and it's sitting nicely at 12p with a 0.1p dividend in Feb 2017.
Jog on pessimists. My guess is a realistic 3.2p - 3.5p
My words back in September after attending the AGM:- "realistically I'm guessing 18 months with positive results for 3p. Maybe three to four years for 5p." I'm so happy that this has turned around quicker than I thought. I was hoping for 1p by end of year. It's nice to see that MB finally has more shares than me, just! Merry Christmas to all long suffering holders. Have a good one.
Be safe on your travels and have a good Christmas.
Just bought some of these for my SIPP with a 10 year holding plan. I like the look of the steady growth going on, and a good dividend.
There has been at least one RNS every month since November 2012. They have until Monday before they break the trend. Some good news would be welcome.
It's agonisingly quiet. Like the share itself. Just wait until mark is in place full time and news starts flowing. This'll be holding at 1p by the time we go back to work after new year.
They were undecided at the time. They said that Redstone had a good brand reputation within industry but not with the public. I said that most of their work wasn't with the public so why worry about that. I got the impression that keeping the Coms name was still an option in their eyes. I think it's 50/50 chance that they'll rebrand. But what do I know. And while I'm here......I wasn't going to say anything........but...........I asked wether there was going to another "share dilution" as I put it and there answer was this:- They don't have one planned, and will try to avoid one but they may need to raise money. They were keen to have another institution buy into the brand and this was one way to let them in. Personally, and again what do I know, but it seems that finances are now looking a lot better and maybe, just maybe, the institution they were talking about were the big buyers a couple of weeks ago. So Mainora, you could be right. But I've got a feeling it's not needed at this present time.