TAL - Chan. Saw you back around earlier today. Are you still in TAL? Its not been too exciting, but has given a safe 10% return thus far. Attached is the tip given on 18 Dec 05. Its not so fresh now, but the info is probably still current. "TV programme maker Ten Alps is said to be actively looking for an acquisition to take it into a larger scale of operations. Small companies like this can be risky but potentially lucrative and Ten Alps looks worth a punt says the Telegraph."
DGM - nicksig - you are right. I was thinking earlier today that I would appreciate some line from the company informing investors of the current situation. I assume that Porter is currently involved in consolidation and internal management, but not only has the price been essentially static for 7 weeks, but mention of new members has only come through this board, and not from the management. I recall GedW lamenting not only the poor DGM website (I agree), but the silence of the company. A positive statement would be appreciated, even if it was simply a holding statement for the time being.
Dammit - I've no cash, but anyone fancying a speculative poke (as it were) - this is a good share, at a cheap price, and should be back at the far higher price that it has been at - only slumped through legal wranglings. With contracts coming in it shows that the industry has confidence. Buy
SYM - Symphony Plastics specialises in degradable plastics, a current and future growth market. The shares have been in decline due to legal action. This is now over, and it has been freed from a costly (and lengthy) court battle with a Canadian company called EPI (original partners of SYM) who had sued over alleged breach of confidentiality. The first case finished in Jan 05, a subsequent appeal has just been thrown out and now the share can begin to flourish on its own merits rather than being depressed by legal sanctions. Although this is a small and high risk share, its potential for growth both short and long term is good. I recommend 'buy' now.
Tim - you're not being rude at all, and quite right to pick me up. A quick look on DigitalLook would have confirmed my information for me. The 12 month low was 18.5p as you pointed out, but this was also around the company's initial fundraising period. However, I'll now state why I disagree with your final point. Although it has spiked lower, in recent months the sp has been at 26p or higher. This opportunity to get in below that is one I that I think is worth taking. I don't know how much you know about the company, but it locates wrecks of precious metals with a view to recovery. The last spike up to 34p was purely on confirmation that an $8M wreck had been located. The recovery is due to start in 2006 - Mar I believe. In the interim, they will continue to try to locate further wrecks. Successful confirmation of this alone is likely to send the sp up to at least 36p again. If the recovery is successful then they will have tangible assets to trade, and the sp will not only rise but stand chance of future dividend. Nothing is short term though, hence my recommendation of a 12 month+ buy/hold. Your thoughts?
SUB - results out today on RNS. Not met that well, with 6.5% drop in sp. This is a good 'boys own' company, aiming to recover sunken wrecks with derring-do (and a state of the art recovery vessel). Take a look at the website. This is the lowest these shares have been for about a year - well below the normal trading range. I don't think that you can expect any sizeable return for around 12mths, but if you can wait that long, this is the time to buy. As ever DYOR etc
SYM - this loss making plastics company has just had a 25% rise in sp today, and also the Dir has just bought another 100K shares. Does anyone know anything about this company? I've not been able to find anything myself. All help appreciated.
GGG - Herschel - thanks for your thoughts. These might be one of my plays for next year. With gold being flagged back up to historic levels, companies such as this may give good exposure to the market at a discount price. Tom
GGG - Herschel - thanks for your thoughts. These might be one of my plays for next year. With gold being flagged back up to historic levels, companies such as this may give good exposure to the market at a discount price.
Wayner - thanks mate. Me too on the research (although I did attend 1 of their courses a year or so ago). For me, the sums I invest are so small that by the time you've factored in commission etc it can be hard to make much profit. I'm going to sit this one out. I think I've become aware just that shade too late to make much. Now watch - 50% rises coming whilst I seethe on the outside!! Good luck anyway Tom
PTY - wayner (and GedW if you're still in) - cd I ask you to hypothesise what will happen with PTY? About 10M shares bought yesterday have only moved sp by 5%. I think that PTY is in no great financial shape, and won't be contested too much. What do you think will happen to sp? Is it going to go up a lot, or is all the news in the price now?
tim - good use of company searches, but that last appears to be the same AIM listed SPHE. Its the only public company that I could quickly find too. GedW - is it possible that its Spearhead Ltd, Inc in the States and Spearhead plc here ie one and the same?
Ok, Ged, thanks for clearing that up. Regardless, Spearhead have clearly got their sights on PTY, and are moving swiftly. How will this impact on the sp do you expect? Is the theory simply that the more that we buy, the more expensive the sp, hence the more Spearhead must pay to achieve takeover, and the greater the propect of a profit for investors?