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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Leadcom | LSE:LEAD | London | Ordinary Share | IL0010924368 | ORD ILS0.001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.93 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
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| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 2.93 | GBX |
Leadcom Integrated Solutions (LEAD) Share Charts1 Year Leadcom Integrated Solutions Chart |
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1 Month Leadcom Integrated Solutions Chart |
Intraday Leadcom Integrated Solutions Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 29/7/2010 | 16:33 | Leadcom 2008 - The recovery starts...... | 252 |
| 14/11/2009 | 18:54 | The Lead Thread | 25 |
| 15/12/2008 | 23:49 | LEADCOM, a real growth company | 231 |
| 26/11/2008 | 15:04 | Worst Stock on LSE- The Perfect Short "Leadcom" | 226 |
| 07/9/2008 | 11:49 | LEADCOM, a real growth company. | 7,156 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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Posted at 14/11/2009 18:54 by nabcom Released by ETFS Lead (LEED) ETFS Short Lead (SLEA) ETFS Leveraged Lead (LLEA) |
Posted at 27/5/2009 16:42 by egoi LEAD is not typical of good AIM stocks, of which there are plenty imho, though most in my experience and I suspect, and certainly not wishing to be xenophobic, are U.K. companies with U.K. roots. LEAD has been on the skids for a long time now and the last rites are imminent not just for its AIM membership but for LEAD itself. I warned people about this company along with loverat and others but some posters failed to listen. Lights out soon imho.. How can this be, you rearrange previously broken covenants in Feb and March and by end March you've broken some of the new ones already. That's not about AIM, that's about truly abysmal management in my own view '............. NOTE 1 - GENERAL INFORMATION: Breaching financial covenants as of 31 March 2009 As part of the Company's agreements with certain leading Israeli banks and a foreign bank (hereafter - "the Banks") for the provision of credit facilities to finance the Company's ongoing operations, the Company reached a new arrangement with the Banks, during February and March of 2009, which included the Company's provision of letters of undertaking to the Banks (hereafter - 'the Letters of Undertaking'). Under such Letters of Undertaking, the Company undertook to adhere to certain new financial covenants (the new financial covenants updated previous financial covenants that were valid until 31 December 2008 and were breached since 31 December 2007), the breach of which entitles the Banks to demand the immediate repayment of the outstanding balance owed to them by the Company. Additionally, the Company created a floating charge on its assets in favor of the Banks. As of 31 March 2009, the Company is in breach of part of the financial covenants, which entitles the Banks to demand the immediate repayment of the outstanding balance owed to them. The Company carried out initial discussions with the Banks in order to receive their consent to revise the financial covenants to such the Company will be able to comply with and/or to receive adequate waivers from them. As a result of the initial discussions with the banks the Company's management estimates that the Bank will provide the aforesaid consent, which would prevent the immediate repayment of the Company's outstanding balance owed to the Banks and allow the Company to continue its operations in their current form. Notwithstanding, there is no certainty that the Banks aforesaid consent shall be received...........' And why should the banks renegotiate yet again imho!!! |
Posted at 30/7/2008 12:30 by masurenguy Good recap from AiW on TMF. I have deleted the content on PDR since it is not relevant to LEAD. I can empathize with his views here. I was long and strong on the Leadcom rollercoaster for a couple of years from circa 35p after their initial IPO in 2005, up to 90p in the Spring of 2006, back down to the low 40s during the Lebanon war in the summer of that year, back up to the mid 60's that autumn, back down to the low 40's in Dec 2006 and then the gradual climb back up into the low 70's by October last year. The unexpected profit warning in November was the last straw for me and I sold out at an average price of circa 47p during November and December taking a 20% hit overall. Fortunately my overall loss on Lead was covered six times by my profits from Tanfield last year (happily sold out there with much better timing over the second half of last year too). Sad to see the share price now in the teens and I agree with Alice that management credibility is an issue here now. .................... Author: AliceinWonder1 Subject: Bruised Date: 29/7/08 21:01 Arik's Dream Leadcom Integrated (LEAD) LEAD is still trading on AiM market cap of £21m, listed in April 2005. LEAD is one of the many unhappy companies that have attempted to grow fast but slipped badly. I have written about LEAD on a number of occasions. I think the last time I wrote about LEAD was in July 2007: I was still in the honeymoon period at that time. Arik was always willing to talk, the same goes for the rest of the board. That honeymoon period came to an abrupt end on 1 November 2007. World domination just around the corner LEAD's management had positioned the company to be a 'leading international provider of innovative telecommunication solutions', mainly outside the US although there was talk of gaining a US footprint. In 2006 & 2007 there was also an expectation of landing several very big contracts in India, in the meantime LEAD was growing quickly. Turnover: 2005 - $66m 2006 $97m 2007 - $138m Operating profits: 2005 - $4.4m 2006 - $10.1m 2007 - $13.9m EPS was dragging its feet: 2005 6c 2006 9c 2007 8c Operating cash was really dragging its feet: 2005 - $2.6m 2006 - $4.7m 2007 - $(10.8m) Arik Alcalay, CEO on 2006: "2006 was an extremely important year for Leadcom. During the year we established Leadcom in India, as we have continued to build our competencies in this region of strategic importance. This entry into the Indian market represents a substantial long term opportunity for Leadcom and we are both pleased with the progress made so far and excited by the potential for our business this coming year and beyond. Already, our investment has led to orders in excess of US$20 million, which will be recognized in 2007, with the potential to grow significantly. On December 1st, 2006, our order book for 2007 stood at over US$100 million. Since then, we have already announced additional wins of over US$30 million." Arik Alcalay, CEO on 2007: "It is important to be conservative when looking forward. However, Leadcom is entering another exciting phase in its development and the outlook for 2007 is positive. We expect the organic growth pattern experienced in 2006 to continue, and will complement our existing growth with the ongoing search for further earnings-enhancing opportunities. Leadcom expects revenues of at least US$180 million in 2007, with gross and operating margins in line with those of 2006. I look forward to reporting further progress throughout the year." 2007 is looking good 1H FY 2007 results are announced in August 2007, they look impressive, plus further information on the acquisition of Ytelcom announced in June 2007, which has a strong presence in Africa. Financial highlights include: - Revenues up 37% to US$84.6m (H1 2006: US$61.8m) - Gross profit up 33% to US$23.4m (H1 2006: US$17.6m) - Normalized profit before tax up 26% to US$8.2m (H1 2006: US$6.6m) - Net profit increased by 25% to US$5.1m (H1 2006: US$4.1m) - Basic EPS improved 10% to 4.3 US cents per share (H1 2006: 3.9 US cents per share) Arik is excited about the future: "The acquisition of Ytelcom and continued momentum in most regions, combined with strong financial performance, means Leadcom continues to be well positioned to take advantage of the upcoming opportunities." Blinded by the light Focusing on the highlights in the interim statements for 2007 rather than the notes to the accounts, I made a big mistake, I did not see that LEAD was having problems in CALA (Central America and Latin America): Although revenues had remained constant: 1H 2006 - $24m 1H 2007 - $23m Margins had fallen sharply. Operating profits: 1H 2006 - $3.7m 1H 2007 - $1.7m Arik said: "The CALA region recorded revenues of US$23.4m, approximately the same as in H1 2006, with growth impacted by the selective choice of projects and the strategic redeployment of resources from basic telecom implementation to high-end services. Management expects this region to renew its growth in H2 2007." Oh no On 1 November 2007, LEAD announces its first profit warning, two problems: - CALA region - Big increase in financial expenses With regard to CALA: "In the year to date, the engagements with a major customer in the CALA region, a leading telecommunications equipment vendor have contributed extremely low profitability levels (compared to other engagements in the region and to the company's standard). Nearly 40% of the region's revenues originate from engagements with such vendor. In Leadcom's results for the six months ended 30 June 2007, which were announced on 9 August 2007, it reported flat sales in this region, compared to sales in H1 2006. Management and Board of Directors have decided not to take up any new engagements with this vendor in the CALA region." Another profit warning in early February 2008, margins have fallen in Q4 2007 (why did it take so long to inform the market?). In late February 2008, LEAD announces that operating profits fell in FY 2007 for continuing operations but an overall loss when discontinued activities are taken into consideration. LEAD generates a little bit of cash from its operations. The share price which had been trading between 50p and 70p before the first profit warning, falls to below 30p on the announcement of the second profit warning and below 20p after the announcement of the 2007 prelims. Talking but not consummating Just prior to the announcement of the 2007 prelims at the end of February, the LEAD Board announces on 21 February 2008 the possibility of a placing with Electra, an Israeli company 28m shares at 28p each which will give Electra an 18% stake in LEAD, a further option will allow Electra to purchase up to 40m shares at 40p each within 30 months, this combined with Electra's current holding would take its stake up to 40%. On 12 March 2008, LEAD receives an approach from a company called Old Lane on similar terms to the potential deal with Electra. On 31 March 2008, LEAD announces that the talks with Electra have been terminated. On 30 May 2008, LEAD announces that the talks with Old Lane have been terminated. Management credibility is now close to zero. Margins still falling Amongst all the excitement about potential new shareholders, LEAD announces its Q1 2008 results on 27 May 2008: gross margins have fallen sharply: Q1 2007 29.6% Q1 2008 21.2% A loss after tax is recorded - $1.3m (Q1 2007 a profit after tax of $2.0m was recorded). Arik remains optimistic about the future: "The first quarter of 2008 was a busy one for Leadcom, with turnover growing over 70%. This quarter was dedicated to the implementation of curative measures throughout the Company in order to restore profitability. Although much has already been done, the full effect of such actions is cumulative, and will become fully evident as the year progresses, as we continue to implement further measures as necessary. We are confident in our strategy and vision and in our ability to significantly improve profitability and margins." Management credibility remains close to zero. LEAD needs an angel. As part of the Q1 2008 announcement, LEAD announces the non-exec Chairman, Stewart Millman is retiring, and that Mr. Isaac Angel has been appointed as executive Chairman. 2008 AGM should be short. LEAD's 2008 AGM will be held in central London on Monday 4 August. Perhaps that will be the date on which the interim results will be announced. Resolutions 3, 4, 5, 8 and 10 were withdrawn on 15 July 2008. Resolution 3 issue up to 33% of the issued and outstanding share capital of the company. Resolution 4 issue up to 10% of the issued share capital of the company for cash in relation to the executive equity plan. Resolution 5 - approve the executive incentive scheme. Resolution 8 approve the remuneration package of the CEO. Resolution 10 approve the remuneration package of the CFO. A touch of the TA's Current share price 16.75p/17.5p 12 month high/low 71.5p/15.5p The share price has drifted between 16p and 20p for the last three months as no one outside the company, and possibly also within the company, has any idea what the gross and operating margins will be going forward. Management have a hell of lot of work to do in order to restore any confidence in the company. Thoughts on Arik's dream Going forward I am extremely nervous about Israeli companies, LEAD had a complicated birth, with both management and shareholders changing at the time of the listing on AiM. Finding out who owns the shares of Israeli companies is also very difficult. The potential offers in early 2008 leaves one wondering what the hell is going on at Leadcom. As for the disappearing margins, one has to question the competence of the existing management team. At least Arik continues as CEO at LEAD. The mobile telephone is all around us, Africa and India in particular offers tremendous scope for growth, whether LEAD is in the position to benefit from this potential is the $64 question. LEAD's 2008 AGM should be interesting. Conclusions Both PDR and LEAD have been disasters for private investors because of management incompetence. LEAD is still breathing, partly because they issued long-term debt on the Tel Aviv stock market, so are not so reliant on short-term finance. Having said that, whether the company is still trading in its own name this time next year is debatable. So the punch line is: sometimes CEO's who are nice guys don't make good managers. And as a corollary, don't get excited about a company just because the CEO will answer all your questions in considerable detail. And finally, growth companies have to be watched very very carefully. |
Posted at 03/6/2008 12:07 by papalpower Pulls Out of Talks2008-06-02 Independent, The; London (UK) By NICK CLARK Small Talk The tremors from the credit crunch continue to hit companies listed on the Alternative Investment Market. The latest group to feel the after-shocks is a company that was fted last year as the top international group on AIM. Leadcom Integrated Solutions suffered last week as a Citigroup-backed hedge fund walked away from providing a $15m (7.6m) cash injection after two months of talks, blaming the state of the market. The Israeli telecoms company said on Friday that Old Lane, the hedge fund set up by the recently appointed Citigroup chief executive, Vikram Pandit, had pulled out of talks. It was the second time this year the group had lost potential financing partners. In a statement, Leadcom said it and Old Lane had "mutually agreed to terminate the process by Old Lane, due to current market conditions". Old Lane first approached Leadcom in February, and made a "non- binding offer for an investment" in early March. At the time, the hedge fund had a 4.15 per cent holding in the telecoms firm. The initial plan was to subscribe to a further 24.6 million shares at 31p each, to raise its stake to 18.9 per cent. The reasons for Leadcom to encourage the investment were clear. "The injection of funds into Leadcom will improve the company's balance sheet," the group said. The investment would allow it to fund "additional opportunities in the Indian market," a particular focus for the group in the past year. Old Lane was also to provide two directors to the board. The collapse of the talks will be a blow; especially given Old Lane's approach helped to kill a rival offer of a cash injection. In February, Leadcom signed an agreement with the Israeli group Electra. Leadcom was to issue 28 million shares for 7.8m, which would bring Electra's holding to 18 per cent of the share register. The talks collapsed at the end of March, with Electra blaming the fall in Leadcom's share price, its belief that Leadcom's shareholders would not approve the deal, and the emergence of Old Lane. Leadcom was set up in Hod Hasharon in 1982, and was listed on AIM in 2005. It provides fixed mobile and transmission networks and has working agreements with brands including Nokia-Siemens and Ericsson. It enjoyed a strong 2007, including signing a $9m five-year agreement with an Indian mobile phone operator, culminating in being named the AIM International Company of the Year in October, an award presented by AIM to companies incorporated outside the UK. |
Posted at 01/4/2008 02:06 by papalpower As to be expected considering Old Lane came in with a later (March 12th) offer of investment at 31p a share, nobody would have accepted the February Electra offer of 28p a share.Therefore Electra have realised they had no hope of getting approval (being 3p a share lower than Old Lane), and removed their low offer. Leadcom Announces Discontinuation of Due Diligence with Electra Ltd. Process with Old Lane Continues March 31, 2008, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that, following its February 21, 2008 announcement of the execution of a term sheet with Electra Ltd.("Electra"), a subsidiary of Elco Holdings Ltd. ("Elco") (TASE: ELCO), for an investment in the Company, Electra today announced that it has discontinued such process. In its announcement, Electra stated that the reasons for the foregoing discontinuation are the current price of the Company's shares, Electra's estimates that the chances of Leadcom's shareholders approving the transaction with the required majority are low, and the Company's announcement of March 12, 2008 with respect to the process with Old Lane (UK) LLP ("Old Lane"). Due diligence with Old Lane is proceeding as planned. Enquiries:Yael Margoninsky - Leadcom Tel: +972 9 769 0011 Andrew Godber - Panmure Gordon Direct: +44 (0) 20 7614 8385 The later Old Lane offer at 31p is 3p over the 28p initial offer by Electra. Leadcom Integrated Solutions LtdMarch 12, 2008, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that it has received a non-binding offer (the "Offer") from Old Lane (UK) LLP ("Old Lane"), for an investment by Old Lane in the Company. Old Lane currently holds 5,000,000 shares in the Company, representing 4.15% of the Company's issued share capital. The Offer follows a preliminary approach to the Company that was announced on February 25, 2008. The Offer provides that Old Lane would subscribe for between 16.4 million and 24.6 million shares at £0.31 per share (or £0.34p if the Company records a net profit of over US$10 million for the financial year ending December 31st, 2008), raising a total of US$10-15 million. The injection of funds into Leadcom will improve the Company's balance sheet and should enable significant additional opportunities in the Indian market to be funded. If the transaction is completed, following the issue of shares the holding of Old Lane would be between 14.42% and 18.90% of the Company's issued share capital, on a fully diluted basis. The shares issued would be subject to a 6-month lock up period. Under the terms of the Offer, Old Lane would also be entitled to appoint two Directors to the Company's board. In addition, the Company would grant to Old Lane, at no additional cost, an option for 30 months at £0.40 per share to purchase such number of shares that will equal two-thirds of the number of shares that are actually subscribed for by Old Lane in the first phase. |
Posted at 15/3/2008 11:46 by papalpower Nice 31p per share offer, not many companies where you see placings at "above market price".They must be confident going forward....... ? ;) Leadcom Announces Receiving a Non-Binding Offer for Investment from Old Lane (UK) LLP Leadcom Integrated Solutions LtdMarch 12, 2008, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that it has received a non-binding offer (the "Offer") from Old Lane (UK) LLP ("Old Lane"), for an investment by Old Lane in the Company. Old Lane currently holds 5,000,000 shares in the Company, representing 4.15% of the Company's issued share capital. The Offer follows a preliminary approach to the Company that was announced on February 25, 2008. The Offer provides that Old Lane would subscribe for between 16.4 million and 24.6 million shares at £0.31 per share (or £0.34p if the Company records a net profit of over US$10 million for the financial year ending December 31st, 2008), raising a total of US$10-15 million. The injection of funds into Leadcom will improve the Company's balance sheet and should enable significant additional opportunities in the Indian market to be funded. If the transaction is completed, following the issue of shares the holding of Old Lane would be between 14.42% and 18.90% of the Company's issued share capital, on a fully diluted basis. The shares issued would be subject to a 6-month lock up period. Under the terms of the Offer, Old Lane would also be entitled to appoint two Directors to the Company's board. In addition, the Company would grant to Old Lane, at no additional cost, an option for 30 months at £0.40 per share to purchase such number of shares that will equal two-thirds of the number of shares that are actually subscribed for by Old Lane in the first phase. The transaction is subject (amongst other matters) to due diligence, the duration of which is projected to be 45 days and is to commence immediately, and the execution of a definitive agreement, as well as the approval by the Company's board of directors and shareholders. Due diligence with Electra Ltd., announced February 21, 2008 is proceeding as scheduled. |
Posted at 12/3/2008 14:00 by cyberpost Leadcom Announces Receiving a Non-Binding Offer for Investment from Old Lane (UK) LLPLeadcom Integrated Solutions LtdMarch 12, 2008, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd.('Leadcom' or 'the Company', AIM: LEAD), a leading international provider of innovative telecommunication solutions, announces that it has received a non-binding offer (the "Offer") from Old Lane (UK) LLP ("Old Lane"), for an investment by Old Lane in the Company. Old Lane currently holds 5,000,000 shares in the Company, representing 4.15% of the Company's issued share capital. The Offer follows a preliminary approach to the Company that was announced on February 25, 2008. The Offer provides that Old Lane would subscribe for between 16.4 million and 24.6 million shares at £0.31 per share (or £0.34p if the Company records a net profit of over US$10 million for the financial year ending December 31st, 2008), raising a total of US$10-15 million. The injection of funds into Leadcom will improve the Company's balance sheet and should enable significant additional opportunities in the Indian market to be funded. If the transaction is completed, following the issue of shares the holding of Old Lane would be between 14.42% and 18.90% of the Company's issued share capital, on a fully diluted basis. The shares issued would be subject to a 6-month lock up period. Under the terms of the Offer, Old Lane would also be entitled to appoint two Directors to the Company's board. In addition, the Company would grant to Old Lane, at no additional cost, an option for 30 months at £0.40 per share to purchase such number of shares that will equal two-thirds of the number of shares that are actually subscribed for by Old Lane in the first phase. The transaction is subject (amongst other matters) to due diligence, the duration of which is projected to be 45 days and is to commence immediately, and the execution of a definitive agreement, as well as the approval by the Company's board of directors and shareholders. Due diligence with Electra Ltd., announced February 21, 2008 is proceeding as scheduled. |
Posted at 13/11/2007 08:26 by p4cman Leadcom and Optibase Partner to Deliver Advanced End-To-End IPTV Solution in Kazakhstan Optibase IPTV Solutions Gaining Momentum In Asia HERZLIYA, Israel, November 13, 2007 Optibase Ltd. (NASDAQ: OBAS), a leading provider of advanced digital video solutions and Leadcom Integrated Solutions Ltd. (AIM: LEAD), a leading international provider of innovative telecommunication solutions, announced today a strategic alliance to roll out integrated TV over IP services. The first project will be delivered to a Telco operator in the Republic of Kazakhstan. Leadcom selected Optibase's pre-integrated, advanced IPTV platform in order to enhance its offering by adding high quality, broadcast TV and interactive IPTV services. The joint deployment in Kazakhstan includes Optibase's end-to-end IPTV solution consisting of Video on Demand (VOD), personal video recorder (PVR) services, middleware, set-top-boxes (STB) and the Optibase Media Gateway (MGW) carrier-grade H.264 encoding platform. Countries such as Kazakhstan are experiencing strong growth due to new legislation and liberalization of the telecom sector. The IPTV solution provided by Optibase and Leadcom is ideally suited for this fast growing market, offering a state-of-the art system, which can be deployed both quickly and effectively. Yoel Bar-Gil, Chief Technology Officer at Leadcom, said: "In this project, Leadcom is delivering a Triple-Play solution (IPTV, IP-phone & broad-band Internet access) to selected subscribers of the Telco operator. Optibase's IPTV solution allows Leadcom to provide its customers with a video over IP system that is efficient and easy to deploy. Furthermore, the Optibase solution provides Leadcom with an extensive offering of interactive and personalized features coupled with top video quality and low bit-rates. This creates a winning combination for our customers." "Our partnership with Leadcom and the installation in Kazakhstan continue the Optibase momentum in the emerging Asian market:" said Udi Shani, Executive Vice President of Sales at Optibase. "This is based on the winning combination of Optibase's world-class integration, development and implementation services and Leadcom's vast experience in telecommunication networks and global presence, which together create a powerful IPTV solution." |
Posted at 06/11/2007 21:46 by masurenguy This is a solid company with considerable prospects BUT it could take some time for profits and the share price to recover. One of the other problems that Leadcom has also encountered is ongoing negative market sentiment and considerable volatility, with large numbers of shares changing hands at pivotal moments in May 06, December 06 & November 07.Their new strategy of focusing on operators rather than vendors should improve margins but it will also increase competition and they will not be fed business by the partners in the future. This has also clearly resulted in them not getting any sub contract work from the BSNL contract which everyone was expecting both last year and then more recently after the tenders were finally revised and resolved. Future upsides are a strong and transparent sales pipeline with improving margins emanating from direct trading with operators rather than indirect trading via vendors. Also there is always the possibility of large, unforecasted contracts materializing to provide further incremental revenues. A move to the main market and a dual listing on TASE next year should also help to improve sentiment particularly since they are operating in such a dynamic growth sector. Downside risks are clearly increased competition, rising inflation and the declining dollar. Also increased expenditure arising out of territorial expansion into new markets such as the USA & Europe. I've now taken a much more clinical and sanguine view of what was my largest individual holding. I sold one third of my shares today in three separate tranches at an average price of 45p. These were shares that I purchased at prices above 65p in 2006 and I took a five figure hit on this. Fortunately I am currently running good profits in a number of other stocks so this hit has just reduced my current year crystallised and paper returns from over 40% to over 30% so far this year. I have retained two thirds of my holding, which were shares that I originally bought in 2005 and these are now averaged at under 50p and I'm very comfortable holding these over the longer term. A 25% increase in the current share price of my retained shareholding will recover the hit that I took today and above 58p I will be back into profit. This was a prudent decision to divest myself of the higher cost shares that I had bought last year at a time that I had other profits to more than offset the loss. It also limits any further downside, most of which is already in the price IMO. My shareholding remains in six figures but this is now my third largest holding behind two other stocks where I'm currently running strong profits. I think that PP has done a very good job with this thread and he should ignore the two or three morons who just post attacks on him here - they obviously need to get a life ! Good luck to all shareholders - we could see further volatility here but I believe that the share price could move back into the 60p - 70p range within the next 6 months. |
Posted at 06/11/2007 20:16 by divinausa1 Back in the summer 2006 i had a debate with PP i said Lead share price will be around 65p xmas 2006 he said £1.60p!!!! yup! he was ramping them up even back then. You will be carrying those goal posts for many years PP lol |
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