Exited at 12p here last year and looks worth a re-entry for a 20 percenter.
Bullabulling wallawalla bingbang But i did not let that put me off off and went to read the BFS. talk about uneconomic. meanwhile the neighbors over at norseman gold have gone bust. no fellas the fundamentals are more of a joke than the name. i shall not be investing.
In for a few today guys, missed the 5p entry the other day but much better value here than other Italy stocks like SOU. They haven't gone crazy on dilution like some and a company that keeps its share capital in check is always good. Could be a doubler from here.
It's a better idea to pick companies with good sales figures likely to improve going forward rather than pick failing companies solely based on low market caps then make up tosh to encourage naive investors to buy at inflated prices while you attempt to lock in ill-gotten gains. This isn't investing its a form of conning people.
Even when a suicide bomber rammed Glasgow airport a couple years back, in the same country as these products are made, there was no industry interest. Now a bomb goes off in Russia and we're supposed to believe there will be a sudden surge of interest? A sudden surge of bullshine more like. Other companies make much more effective anti-terrorism devices than this cheap tat so if you like the sector go for a good company that makes good products. The low sales volumes here speak for themselves and look how much the fat cats are rinsing from the coffers in the name of admin costs... 2006 sales: £0.5m, total sales costs: -£0.7m = -£0.2m loss on sales, admin costs: -£0.7m 2007 sales: £1.0m, total sales costs: -£1.3m = -£0.3m loss on sales, admin costs: -£0.6m 2008 sales: £0.7m, total sales costs: -£1.3m = -£0.6m loss on sales, admin costs: -£0.8m 2009 sales: £1.0m, total sales costs: -£1.2m = -£0.2m loss on sales, admin costs: -£0.6m ---------------------------------------------------------------------------------------------------------------------------------- H1 10: sales £0.5m, total sales cost: -£0.6m, = -£0.1m loss on sales, admin costs: -£0.4m
A suicide bomber has a bad day and Humblepie thinks this dog-doo company is suddenly the next best thing. The results for the past 5 years have been bad enough and the next results will be even worse - mainly because they haven't announced a contract win since last May - which was barely worth RNS'ing at £85k and will have cost more to service the sale. This bunch only win contracts by practically giving their product away and even then hardly anyone wants it. Such a dog-doo company I have honestly never seen the likes of it.
But wait until the pumpers sell and you won't be able to get a price. Tiny margins here, barely a business. Less than £4m worth of sales in the last 6 YEARS. Atrocious track record with no market interest in their product. The best bit is they sell the products for less than it costs to make them. The cost of sales plus distribution costs is always higher than the sales revenue. So the more they sell the more money they lose. H2 2005 net loss of -£323,000 H1 2006 net loss of -£400,000 H2 2006 net loss of -£477,000 H1 2007 net loss of -£455,000 H2 2007 net loss of -£382,000 H1 2008 net loss of -£676,000 H2 2008 net loss of -£770,000 H1 2009 net loss of -£524,000 H2 2009 net loss of -£360,000 H1 2010 net loss of -£450,000 Great company LOL
Thanks for the mention. The thing is they dont release any news so theres nothing to talk about over there. When I look in you're all talking about wordsearches, advent calendars, dogs, etc... (dogs are actually a good conversation topic so I'll let you off on that one). Also said I wouldn't post so will be good to my word. I have always been nothing if not honest. By the way I think now is time to get out of the risky ones and and get into the next best thing like this little miner.
because there's no promotion behind the RNS. And the reason there's no promotion is they don't need a placing at the mo. It just goes to show the AIM sector is more about pumping and promotion than fundamentals.
How are we gonna get this thing moving guys? It looks like it wants to drop and I'm not seeing many buyers out there
This was the one that got away, we've all got one I'm sure. Last week I gave it the once over and thought well maybe I'll come back to it early next year for a lower entry. Silly old Wes has missed out and its a lesson for us all that when we see a good thing, we snap it up and don't get distracted by trying to time a low entry. Anyway cheers guys and good luck
We've picked a real stinker here and no mistake The big sells are coming through now, probably the same guys who bought at 10p bailing out to make their 5% On the bright side they do have £4m cash and the tenements cost about £1m so I think £5m market cap is about right. I think that would be about 7p a share
I'll show it to jack. I wish he could do those tricks but all he does is put his front feet on the board and run alongside it. Here's another video I found thats more like what he does http://www.youtube.com/watch?v=okIGo67yIpw&feature=related
I don't understood most of your posts, you will have to explain the tramp lamp
You and Billy were actually quite mean yesterday and tried to get me in trouble by saying I was someone else. I have given up with Billy as he is too much. I've also decided to stop trying to help people by telling them which companies are no good and I'll only be posting positive things from now on. As I have nothing positive to say about Ntog its unlikely I'll be posting there again. If you weren't so mean yesterday it might have been different
between Ntog and Ame and it really is no contest. The guy who set up the gold mine at Cluff Gold left to help set up this one. Also got the fella from Nyota and the board is top drawer. One of the biggest shareholders here is a footballer, and I don't know if that's a positive but at least its a talking point. There is nothing to talk about over at Ntog, its just MMs playing with the spread to give the illusion of buying interest. The 1 year chart there tells the whole story, as you can see it was a pump and dump, they released pumpy news a month or so before they raised £3m and the news came to nothing. All the PIs who believed the news were left holding the baby and have now lost their shirts!
as soon as I bought in. Of course, it always does. I've had a terrible week so why not?
I went on a buying spree today and bought 2 other shares I like the look of this one, Mali is a hotspot after all so and I'll go for some of these 2moro Thanks guys, let's keep this board clean and free of ramping like some other boards I could mention
with whoever said this was a false rise So false you could stick a false moustache and glasses on it This has been Wes, thanks for listening
Hard to buy in numbers right now A tick up in the final 10 mins perhaps