Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Some prat abused me on twitter so I checked out his feed and it contained the tweet below. Surely this guy has to be the biggest moron out there? He is - natch - a Glenwick (GWIK) shareholder but just how stupid is he? Anyhow this is my entry in this weeks contest - can you do better?
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Comments
Tom Winnifrith
A early entry from twitter with a truly useful tweet
Phil @PhilWheeler1979 30m30 minutes ago View translation
GWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK,GWIKGWIK
Phil
The African Potash BB does have some uses
“
Ivyspivey
Posts: 3,036
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 1.775
RE: ivyspivey
Today 11:09
Placings to raise money for acquisitions and fund future expansion and revenue/ profit generation is not only fine by me but is essential for a company like AFPO at its transformational stage of its development.
No one likes dilutive placings but companys need to raise money and it is all about how this money is invested.If it is used to fund lifestyle choices or inefficient/unprofitable operations by the BOD I would be totally against it.
As I fully believe in CC and the opportunity/ future of AFPO I am fully confident that the multiplier effect ie how much you raise and how much you generate in money will be exponential.
“
Stupid boy
THE CORNISHMAN
The Motive TV page had this very optimistic post from Parkez
“averaging down is the risk you take and its what i have done.
10x increase and i,m more than happy.
10x, 20× 50x or 2m, 4m or 25m market cap,
all achievable given time if Len gets this right. imo”
This for a company that has negative net assets and has continually made losses and is valued at only 250,000!
El Capital
Thuis one takes some beating from a moron ramper on UKOG called ibug. He seems to think it costs £100k to join isdx, and if they have a quote they HAVE to trade!!!!
ibug 15 Jan’16 – 15:18 – 9405 of 9437 0 0
PERHAPS YOU HAVE NEVER REALIZED THAT YOU MAY BE WRONG AGAIN….an EXCHANGE LISTING CANNOT BE LISTED INDEFINITY WITHOUT A SINGLE TRADE AFTER COSTING THE COMPANY 100,000 GBP TO JOIN.
BUT OF COURSE PEOPLE LIKE YOU ARE ALWAYS RIGHT. BUT YOU ARE JUST AN AVATAR…lol
bob brush
I do love how the BBM’s use the phrase ‘averaging down’ in place of ‘burning more money’.
But my favourite nonsense from one of the professional rampers on the GWIK board is this.
Bladderman
Sunday 23:27
‘We don’t have an asset to depreciate in value that’s the beauty of this shell at present. Sp was moving freely on friday and we are awaiting news flow with asset cash at the ready.
Tomorrow will be another high volume exciting day in GWIK land it always is and now will have more attenton than ever. Enjoy!
warun boofit
Posted by WRN bbm PhiloBeddoe at 3.53pm on lse 16th Jan, its got 10 thumbs up so far from his fellow morons, TW dont ya just love to be hated by these clowns :
‘ And probably hence the delay in the accounts being filed, im sure theres a genuine reason. And WRN will have been in constant communication with all the authorities, totally transparent and all above board so nowt to worry about at all.
Winnifrith is indiscriminate in who he targets.. the very same people who chuck coins in his parasitic begging bowl may well be shareholders in a company he decides to target next. He cares not a jot for you, me or anyone other than himself. Too bad his loyal poodles cant see that – but they will one day when he does the dirty on them too. Anyway, enough about winnifrith, onwards and upwards as they say..’
I have been wary of the use of marketeer phrases like ‘ onwards and upwards’ since my old sales boss usually followed it up with ‘ we must thrust forwards’ and finally ‘ you must bend over backwards’ at which point it was time to reverse quickly out of his office, its all a matter of risk management to decide what might be coming next. Unfortunately the office door is already locked for WRN morons so they will get whats coming to them.
Drunken Sailor
I nominate Wildes for this:
Whiny Froth you really are the limit ………….Your Winni Maths is terrible and you are going to have to issue another apology . The Group production you quote at 895 is for the average BOPD THIRD QUARTER 2015 . Ie June July August 2015 .from lgo-energy-the-real-reason-its-worthless-depletion-rates comments
Then all his subsequent comments about vendettas and market abuse, whilst himself quoting a 6% misleading figure given in an RNS for Qtr on Qtr decline and neglecting to consider the significant production that was brought on line during the Qtr, which had been the subject of his previous pathetic attempts to mislead and discredit analysis into why LGO is fucked.
For the avoidance of any doubt, LGO’s year is the calendar year, which is why full year results will be to 31 Dec 15 and Interim results were to 30 Jun 15. Q3 therefore is Jul, Aug, Sept and Q3 ended on 30 Sept and that is what figures to Sept means, ie it means including Sept not excluding it.
For someone who claims vociferously not to be a BBM he sure behaves like one at times.
bob brush
sorry, I have to re-apply. this one is just too good, short and sweet and straight to missing the point.
Manphibian
RE: Front Puffin
today 9.55
‘Guess the longer till production starts the better for mxo :)
More time to sort funding before the payment to cornhill, and more time for the stupid oil price to sort itself out :D’
So, to clarify, the fact that this oil company hasn’t started production is not only not a bad thing, its a good thing. using this logic it would be better if they never bother making money from oil and just get all their funding from placings and loans and bonds etc. Oh wait, that’s exactly what they do! they just stick a nodding donkey down Chris oil’s throat and don’t bother doing any actual work to get paid! why would they bother, getting money that way is just so much easier!
bob brush
Ok, last one I promise, this is for twitter moron not BB so it counts as separate right? anyway its too good to miss from Jabba himself.
‘Some financial analysts need to seriously grow up a bit and applaud China for nearly 7% GDP growth last Qtr. http://www.cnbc.com/2016/01/18/china-reveals-key-q4-2015-gdp-data.html …’
What sort of moron actually believes their official figures or thinks the way china runs things at the moment needs applauding? David lenigas, the answer is david lenigas.
I wonder why he applauds an organisation who like to lie, steal, mislead people about their economic performance, cream money off the top of the pile for their own pocket, manipulate the stock markets, do deals with dodgy African dictators, commit wholesale fraud, support illegal trade practices etc.
Worth pondering
NEMESIS
People forget the link between inflation and GDP; although current inflation in China officially is circa 1.5% it has historically been higher. A high growth rate along with high inflation means you just produce the same but at higher prices.
It’s also worth noting that the primary driver to Chinese growth is state sponsored public consumption, in time I fully believe we will see the inefficiency/ folly of this vs private consumption.
And then we have the “official” state figures, a big pinch of salt is required with those.
William Simpson
some clown gwik oh what a suprise 0.15pinned down and bummed until its hoop is raw once more only a vegatarian would consider selling down here
Duck and Dive
I vote for optimist13 whose delusional thoughts were posted in the LSE AFRI board today:
“…when you look at the carnage in the markets at the moment, I think we are invested in a pretty safe bet with AfriAg.”
Obviously no-one has told the poor chap that his investment’s head strategist, marketing guru and, er, treasurer/finance supremo faces charges of mega fraud tomorrow and may be out of action for some time…
Juicin Drunroll
They walk amongst us.
indigopot
Price: 1.625
Positive momentum
Today 16:16
It might sound unlikely but there does actually seem to be some positive momentum building here. It would seem likely that this will be delisted from AIM which is a real shame but I would suspect that in 1-2 years this will probably be relisted on the main market at a much higher value than at present as a stronger and larger business with shareholders gaining strongly. What appears to be the case is as follows:
The company’s pipeline of business is improving, with it moving into new areas, growing its customer base and boosting its client development.
It now has a strong financial basis after the recent fundraising which should support further growth
Financial performance is predicted to improve strongly, with it moving into profit in the 2016/2017 financial year If the company is delisted, it will save considerably on the costs of being listed on the market and will also be able to proceed with merger and acquisition activity more quickly and cheaply
Costs have been declining quite significantly
Its largest shareholders are very supportive in terms of strategy, finance and more importantly in bringing new work to the company
Rob Terry has been buying more shares. He may be slightly dodgy but he is certainly no fool and has an eye for making money. I very much doubt that he would be investing significant new funds here unless he was confident of a significant return.
I suspect that when it is delisted there will be scare stories of how this is worth nothing or similar but I would think that it is worth holding onto these shares and probably acquiring more during the time off market. I suspect that when this moves into profit and especially when this is relisted then holders will be well rewarded. Just my thoughts
SDH
limopeter on lgo BB
“well decline rate makes absolutely no difference to LGO as we are sustainable right down to 12$ barrel which is unlikely to go this way.
Oil will recover and Banks no this so no reason for LGO not to get further funding if we have so much oil yet to extract from TRIN.”
TheDoktor
There are so many unbelievable quotes on the LSE BB that it’s difficult to choose. But how about this one from Spikeyj on Monday:
“there’s always an upside.
the second major world pandemic may have exterminated
about 40-50% of the English population in the 13th century,
but on the plus side, it did substantially undermine the previous
patterns of feudal control over the means of production, e.g.
introducing significant new labour market mobility. on a 100-200
year view, the black death actually went quite well economically.
so maybe it’s actually good news for DAN in the long run
that it’s failed to publish its audited accounts, failed to
finalise the placing that it kept saying was coming ‘shortly’,
and is about to be delisted from AIM with no mechanism
yet in place to allow shareholders to trade at decent prices?
all this may yet attract multiple new clients to its glowing reputation.”
Juicin Drumroll
TheDoktor
Spikeyj is an intelligent and amusing poster who is realistic & bearish on DAN.
He’s (obviously, I thought) taking the piss out of the mugs in your quoted post.
Duh.
Russ O'Callaghan
Spikey is a hero in my book. He posts logical questions in the face of continuous insults from the pr@ts on LSE. The barrage of abuse that he gets on different sites is disgraceful and yet he is still in there hanging on: a beacon of sanity.
Way to go Spikey!
phil
Here is one that should cause a laugh and cheer you up on another dreary Monday morning, a little bit different maybe.
The possibility of a charitable call calling for charity by aging celebs. So what’s the charity. Is it :-
a. The plight of children suffering winter conditions in war torn Syria .
b. The plight of Children in the world’s poorest country – Malawi
c To help some poor families in Britain who have been driven to the use of charitable food banks.
Nope, it is none of these, it is this one,
http://www.bbc.co.uk/news/uk-35397783
Russ O'Callaghan
Absolutely, Phil! Or, perhaps, “Absolutely Fabulous”!. People from the BBC who, as a result of their employment BY the BBC have reached a position on the Sunday Times “Rich List” actually asking pensioners to give up their free licence!. You can’t believe that anyone would be so ill-advised as to even consider launching such a barmy campaign, can you?
I mean, pensioners who are on a yearly income in excess of even a hundred grand a year are still, comparatively speaking, destitute paupers alongside folks like Terry Wogan, Melvyn Bragg and their workmates whose incomes (in the tens of millions) has actually come from those self-same pensioners, over the years, in the first place! You just cannot believe the sheer brazen cheek of these bloody characters.