Concepta Share Discussion Threads

[analcime] 03/11/2016 17:07

Affemouse... I was in Sirius from 12p topped up at 18p... sold at 45p then bought back 20% at 38p hoping for 45p again... now that investment is stuck a while.
The rest is in here at 21p.

Sirius is now a perfect Pension Banker (IMHO) but yes a 5 year (or more) wait.
I can't see it laying dormant till then though so if the Bonds end up at say 22p... surely it will rise in the next six months to 28-30p.. then anyone's guess till the start of production. Then the bottom end prediction is 98p... and the top end £1.81.

If any adviser came to you and said invest in a product and we can virtually guarantee 4 to 5 fold return... but it is a five year closed investment.. what would you do?

You can add to that the possibility of Sirius announcing more and more take off agreements that guarantee the Polyhalite will sell, updates on the mine construction that will see the share price rise gradually, but patience is the key.

IMHO DYOR

[affemoose] 03/11/2016 14:34

On another note - any of you good people tempted by Sirius? ..SXX?

Must say that i am but the timescales are massive

[opodio] 31/10/2016 07:52

hxxp://www.contrahealthscam.com/pregnancy-miracle-linda-olson-worthless-scam-unbiased-review/

[2acorn] 31/10/2016 06:34

Couples infertility problems being featured on BBC news this morning as I'm writing this ....more in the next hour or so

[smart_investor] 27/10/2016 16:38

It has been 4 months yesterday since we listed on AIM. The share price has done well and the company has progressed steadily with the New Laboratory opening in Bedfordshire and the Chinese Manufacturing agreement. We must now be on the cusp of announcing our first order to China. Shareprophets have already commented some weeks ago our product was on its the way to China. Where did they get this info from? Its not something they would just make up. So unless it is stuck in customs I assume this little AIM tiddler will be announcing revenue very shortly and it will bring a new wave of publicity to the company. Erik has kept very quiet of late in the media so lets hope he has been very busy behind the scenes and will announce something for all of us to get excited about.

p.s I see deanroberthunt you managed to buy some stock on todays fall. That could be a shrewd move in the coming weeks.

[affemoose] 27/10/2016 13:03

hmmm! Ok, many thanks for trying that. Must be just HL then, i still cannot get a price either way from them.

Happy hunting!

[deanroberthunt] 27/10/2016 12:46

can sell 50k at 18.16

[deanroberthunt] 27/10/2016 12:44

just bought some more for 18.7p, adding to my earlier buys at 18.4 and 18.6, all on-line quotes....seems fine to me

[affemoose] 27/10/2016 12:43

either quite honestly, i cannot do either!

[deanroberthunt] 27/10/2016 11:57

price to sell or buy...?

[affemoose] 27/10/2016 11:46

Can anyone else get quoted a price via a dummy trade or is it just HL that has a problem?

[affemoose] 27/10/2016 11:45

Same thoughts, it wasn't a delayed trade. someone dumped 100k shares in 3 tranches this morning.

HL still not allowing me to deal either way which is odd tbh.

Fingers crossed for the former of your options.

I am wondering is this is someone selling their warrant shares to pay for them. But this is pure guesswork.

[deanroberthunt] 27/10/2016 11:02

I wonder if it's a shake on impending good news, or insiders getting out on impending bad news?
obviously I'm hoping for the former :)

caveat emptor

[deanroberthunt] 27/10/2016 11:01

I managed to bag some more at 18.4 and 18.6p earlier

[affemoose] 27/10/2016 10:46

I have no idea what that means but may be related to the fact that Google is showing a 7.75% price drop - my guess is its a delayed order gone through.

I was rather hoping to take advantage of that but alas :-)

[affemoose] 27/10/2016 10:45

Interesting. Using HL I cannot place any order, buy or sell, for CPT.

Tried various amounts etc but nope. 'Due to market pricing volatility'

[affemoose] 26/10/2016 12:57

Hello Good People. been off for a couple of weeks for work.

Good to see Larva is turning into an echo. otherwise - no news, which is...


GOOD NEWS

[2acorn] 18/10/2016 23:31

Lots of gold Zeb!

[zebbo] 18/10/2016 18:44

Yep, they do have a red flag. Think there is a bit of gold too

[zebbo] 17/10/2016 21:23

Pork Pork Pork ramblings, am I on the right BB...

That reminds me though, must sort some apple sauce out for next weeks Sunday roast

[deanroberthunt] 17/10/2016 13:17

shall I correct post 232, yes

It's a UK based company on AIM selling into China, as one of many other markets...

It is not a China fraud, based in China, with Chinese peeps as employees, listed on AIM....if it was, I would agree it's an extended bargepole avoid.

but it isn't

deal with facts not hope.

[2acorn] 17/10/2016 08:47

Sorry, I'm vegetarian

[opodio] 17/10/2016 07:32

The Pig and Pork Scam ...
Friday 18th July 2014

'Pig and pork' is the process whereby Pig Limited buys from Pork Limited, apparently at arm's length when in fact there is undisclosed or unclear common ownership of both companies. The result is that profits emerge in Pork Limited so that Pork Limited's financiers are conned into doling out more cash/finance, in effect to both companies. The auditors cannot systematically pick it up; especially if Pig Limited and Pork Limited appoint separate audit firms. And the only financial cure for both companies is that Pig Limited ultimately disposes of that which it has purchased at a profit after covering the warehousing costs incurred. Needless to add, this cure is not usually to hand in time. The practice is fraudulent.

The definition above was provided to me by the Varlet, so I thank him for it.

Now, how might this be applied in practice? Here is a fictitious example ...

Let us suppose there is a company listed on London's AIM market, called Pork Limited. Pork Ltd has operations across many countries but is head-quartered in that bastion of financial rectitude that is Sofia, Bulgaria.

Historically, Pork Ltd has reported growing revenue and profits but generated little in the way of cash. The cash was all tied up in debtors. However, debtors were not settling their accounts because the entries related to fake revenue. Fake revenue and profits continued to be reported. Debtors continued to pile up. Cash was still not generated and so Pork Ltd continually tapped the markets for finance.

As a few years passed, the lack of cash generation and piling up of debtors became embarrassing. Debtors were being shoved in such places as trade receivables, post dated cheques, and amounts recoverable on long term contracts. So a solution had to be found. Amongst no less than say 13 subsidiaries, Pork Ltd had a wholly owned subsidiary called Pig Ltd; also head-quartered in Sofia. Pig Ltd was to be divested and the fake revenue and fake debtors were to go with Pig Ltd. However, Pork Ltd could not find a buyer for Pig Ltd (fake businesses are difficult to sell), so it sold 51% of Pig Ltd to Pig Ltd's management and financed the transaction for them. Strangely, Pork Ltd handed over, let's say €5 million in cash to Pig Ltd's management, and the terms of purchase would be that Pig Ltd's management paid, say, €10 million in instalments over say four years back to Pork Ltd for their purchase.

But Pork Ltd was still largely a fake business and with still largely fake revenues and fake profits tied up in high fake debtors. And with the promise to the market that fake revenue would go higher, real cash was urgently in need. So it tapped the market for its biggest equity raise ever, say for €20 million, with the use of proceeds supposedly for acquisitions, and working capital to support its impressive but fake growth. A little later in the year it took on a further, say €18 million, by way of debt. Nonetheless, Pork Ltd was still committed to demonstrating revenue and profit growth and needed to show cash coming in.

Meanwhile, Pig Ltd took the opportunity to also raise debt. It raised say €16 million. So with the €5 million received from Pork Ltd, Pig Ltd had around €21 million in cash available. Free from the burden of having to demonstrate fake revenue to the AIM market, Pig Ltd's revenues dropped by say 40% in the year following divestment. This was all largely in one division, Pig Ltd's software butchery products business, where revenue fell by say €15 million or say 75%. Oh yes. €15 million.

Back at Pork Ltd, it couldn't find any buyers for its butchery products. But it had led the market to believe that it had enough buyers to purchase say €20 million of its butchery products. So Pork Ltd got into contact with its now associate, Pig Ltd.

Pork Ltd highlights to Pig Ltd that as it has cash, why doesn't it buy butchery products from Pork Ltd? After all, Pig Ltd can always capitalise the cost of its purchase of Pork Ltd's useless butchery products on its balance sheet, and still report good fake profits. Pig Ltd's management keen to help out and mindful that they still owe Pork Ltd maybe €8 million, agrees. It might appear strange that Pig Ltd's butchery related revenues have collapsed and that it still spends and capitalises an even greater amount on butchery product development cost, say €12-18 million. Oh yes. €12-18 million. But it is in Sofia, and few will ever look at its accounts.

To much fanfare, Pork Ltd's butchery product revenues grow by €20 million. Joyfully it collects some cash. Unbeknownst to the market most of the butchery products were purchased by Pig Ltd and the cash received from Pig Ltd. The Pig and Pork Scam continues ...

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