More buys then sells today, all looking positive, slow growth is a much better trend then a sudden jump in SP.
This is looking to be a good long hold for me! Lets hope the upturn continues. RTO news soon, that should also aid in the growth moving forwards.
Remember to have our own port will be a major positive in future trading and maximise the efficiency as well as lower the cost of our supply chain.
After the great RNS and a sense of where this is potentially capable of going. We saw a day of "Panic Sells" from lack of momentum since day of the RNS.
Thank you :)
Now my next buy in will be even lower, because unless all hell breaks loose, or the company goes suddenly bankrupt - This share will rise as news come in - to have your own private port is a major advantage over all other company's in the area...
This of course is entirely in my HO
Lenoman,
Yes I made my money a few years ago when LGO (now CERN) had an amazing year and turned a rather small investment into thousands (Im not rich). However I then lost a lot of that profit in a company called Motive TV the following year (roughly 10k). As the company was producing outstanding RNS's but then issuing more and more shares untill it went bankrupt.
This is my first buy in since then, a smallish investment to test the waters as it were. So hearing your experience was more genuine for me. I'll hold here for a bit and see where it goes before investing anymore money.
Thanks for sharing your experience with this share though. Any information is always welcome as it "aids" in further decision making based on said experience of the company (rather than the fluxing of the SP).
I have to ask, what made the share worth buying at 8.3 pps. From what I've read they have one asset and that is not even in production yet. The RNS stated on Friday what they had found they have (are sitting on). But no production prior to this?
It was however a great RNS soo i brought in, but cannot imagine this hitting above 5p anytime soon, may be a 5 years investment and a lot of loss for those who brought in 5 years ago.
(Even more loss for those who brought in at the beginning when it was valued well over a £)
Sorry guys... I got out last week.. will buy back in if they get an RTO but too much risk at present :( make a loss but would rather that than loose the lose the lot. If anyone's Interested I brought into OCT... Not much different from lafyds but they actually made an investment. and they're looking not too bad. I wish you all the best of luck and maybe this will turn around.. Then so I will return! :) P.S Thanks OXO for your help when I was new to the shares market
To at least have some idea of what they are doing. Starting to doubt their intentions little now. 3 months and not a single snippet of information. Just a lot of sells
Thanks for your reply, sorry a bit late, not been watching last few days. Would be nice to get an update on the new board settling in. A bit of reassurance for investors. But Im positive that this will be a good investment. Gl all.
Hmm... I think that something is wrong with LSE's website... I brought some shares yesterday in here and its still not showing on the trades ??? 25/02/2014 It was only a small amount in order to have something whist watching but was just wondering if anyone else is having the same problem???? Thanks all
Evening all, I completely agree with Rightback! I've been wathcing this share for a while now and have repeatedly had my finger on the button since the name change... All im waiting for is some indication of the direction of which the group intend to take this. If they are going to turn the company round and make something of it (long term) then its well worth the buy (would be a steal at these prices)... On the other hand without letting on any intent they will simply scare off investment. Would be nice to have an RNS or something, if only to provide confidence for those who would consider the risk.
Hi all, I must say I find it hard to belive that a group as big as Henderson's Global would buy 83% of the shell company, without any real plans for it... So I guess the real question now is what are they going to do with it and are Shares still available to buy?? If so i think I will be investing and see where it takes us.
Ok, I think I understant (i appologise I'm still new to the world of investing and only currently have holdings in LGO, So please bare with me) Right so basically they are no longer in Liquidation, but also own no assets. Have a limited amount of money and are awaiting takeover ( or to use the money they do have to accuire / make an investment). But only have about 12 months in which to do so. Otherwise they will be shut down / become worthless and any investment would (even if brought at these levels) be a total loss. Is that about right? If so then my question would be what incentive did you have to invest? (if of course you have. As you may simply be answering my foolish questions). Many thanks for you help... as I said im just trying to get a handle on this world and learning as I go.
Interesting that a company that has been at rock bottom, and in liquidation for the last few years should suddenly accuire over 2M shares in buys (all over 1 day) No Previous history's prior to 14/2/2014 .... My question is Why? what has lead to this change and why would someone now consider it worth the trade? Anyone care to Offer some advice on why this company may now be woth the investment?? Many Thanks Yoda