Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
I guess that would come under social media being a website. I did look at it, I know it had its own forum set up but you had to submit proof of ownership of shares to join, not sure how that was achieved but alarm bells rang. I know a few posters off here submitted their own articles.
I recall somebody asking a question on here about vanadium prices in 2019 when they had started to come down from $100+. AC posted a graph showing vanadium prices which illustrated a sharp upward trend but the graph omitted the last four months or so when the price had started to tank. Now you can say that it was an attempt to deceive, but it should have been fairly easy for anyone to find that information for themselves rather than ask the question on here.
Those things did not go unnoticed
He wasn’t. He only appeared in 2018. Robbajob had been ramping this for years before that. He disappeared around 2016 although suspect he has been around since then under various names.
Richken was never an ‘original cheerleader’ here he appeared at some point in 2018, the share had already taken off at that point.
I pulled him up on numerous claims over the 18 months or so he was posting here. He had a lot of support on here with lots defending him. Someone has managed to preserve for posterity one of his typical postings from January 2019 on Twitter. At that point in time the sp had dropped from 50p to around 40p, a decline that has continued to this day.
https://x.com/marcdicks/status/1082647404682321922?s=61&t=qyfTICwv5-mVYVZJNmEFTw
I’m afraid if people have listened to individuals on this bb and not researched properly by all other means then its their fault. Harsh but true. Im not certain that people have done that? There are numerous ways to research a share, company bulletins, brokers notes, wider press, social media (inc. bb’s), etc. There will always be positives and negatives. I have always thought of DYOR as also researching the source , e.g. on. a BB like this, look at who is saying what and why. I have dozens if not hundreds come and go here over the years. A lot spouting nonsense, AIM is a gamble and there are a lot of failed gamblers.
DYOR, your own, not somebody elses. By all means consider it if it seems valid. But don’t solely rely on someone else’s judgement. Its not difficult. I’ve said before that the management and directors selling down at 17p two and a half years ago should have been a major red flag here
Unless I’m missing something he cannot do anything. He may well have a line to the board/CEO , I recall Nick Derby did and he had a more substantial investment based on % of the company. I guess some sort of requisition would need more shareholders on board which this was probably attempting. Again not sure what this would achieve
This does not make sense to me. Not seen what was posted on Telegram but it was Kassem who purchased the 60 odd million shares , not Portillion which is the financial company he is CEO of. So how can Portillion be party to any request to the company if they have no interest. It may be that Portillion have purchased shares below the reportable threshold , although not see this mentioned anywhere. He is sitting on a huge paper loss in a short space of time so I can understand the concern, but not sure how they can work closely with the board??
One thing that crossed my mind when the tr1 was announced was around that it could be an attempt to gain Portillion some business through some more favourable financial arrangement than Orion. Who knows??
Thats how it works. No one who buys shares is directly invested in the company. Shares are continuously issued to raise capital diluting the existing value. In theory what should happen is the money raised from the sale of shares would go back into the company and make it more profitable to encourage other people to purchase more shares.
Unfortunately this does not always work out , the finance companies who lend the capital and are paid via share issues will have assurances that their capital plus interest is paid out, even if it means renegotiating which is the position that has occurred here. The lending companies will make money, the company itself will utilise the capital and the PIs will suffer.
The last ARC report which came out around the same time in August as the previous SPA report and gave a forward sp of 8.5p against SPAs 12.8p. Lots of caveats and ifs and acknowledgement of the impacts of CLNs which had been conveniently ignored in the past. I've no doubt the ARC forecast will be reviewed in due course taking into account the SPR and equity deal. I would also expect a reevaluation at a future date based on any changes to the Orion terms.
What happened seven years ago (around November 2016)and what happens now are completely different things. The company, market sentiment, global outlooks and many other factors have been completely turned upside down. Remember past performance is not indicative of future results.
This does still need the price of vanadium to go up and stay up over a sustained period. Ideally a move to around $45/$50 and stay in that range. We do not want to be in a position where the price stays where it is because in about 12 months time, we are back in the same position. It needs to happen in the geographical areas that we supply to. It’s also needs to start happening as soon as possible
I don’t think the company had any choice in this deal, it’s not so much a good or bad deal but one for survival. So although it appears to be a heavy price to pay, better to do this deal now and carry on, rather than succumb to the financial reality next year with the possibility of a harder asset grab.
Very disappointing it has come to this, how much has the company spent on these financial arrangements over the last few years? The short to medium term would seem assured for now, but ultimately we still need that V price to go up, and stay up, for a sustained period.
About three or four years ago Rich Ken, at the time was posting the sp would be £1 by Christmas and £5 12 months later, so I called him out as he not giving any reason for his ‘ prediction’. These were getting dozens of likes. I on the other hand got quite a bit of stick.
So I set up a challenge with another poster, not sure who it was now to post something very vague but stating the sp would be many £’s in a couple of years. It had well over 50 likes, possibly near to 100. I guess most, if not all of that crowd are now gone, but alternative views were not really tolerated then either.