RE: Zorbas11 Dec 2018 10:26
Trout, It won't be a surprise that I share the same view as guzzler, but I think you know that already.
As I have said before the MRS business looks like the best business in the Zorbas camp, actually its the only 1 that is doing anything of significance ( generating revenues ). However my concern comes from the similarities in what has gone on with URU, ANR & MRS over the last 12 months, put emotion to 1 side & look at the facts.
Point 1 - All 3 have seen Share Holder value decimated, I think that the BEST performing share in that lot is ONLY 50% down over a 12 month period
Point 2 - All 3 have had multiple promises of good news over that 12 months that hasn't materialized, just led to pump & dumps. Look at what has been promised in RNS's that hasn't been delivered or never mentioned again ?
Both of the above leads to a lack of TRUST as well as a loose in belief in what the comapnies say they are going to do, a decent company with a decent BOD says it is going to do something then executes against that plan. That is not the case here.
It really doesn't help when in Twitter groups you have a significant holder alluding to news coming that never does as well as promising to set meetings up with PI's that Zorbas then turns round and says he is too busy to do, all of these set expectations higher than they achieve.
Sometimes it takes time to see how people operate, which is what has happened here.
I would hate for others to get sucked in by the, what I believe to be, misaligned agendas of certain individuals and the LTH' s so sign posting them to some historical facts might help them make balanced decisions on thier investments, but at the end of the day DYOR before you press buy or sell