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Radiant Gwth Share Discussion Threads
Showing 51 to 73 of 75 messages
|If this goes to 2.5p tomorrow, will we see Andrbea posting "up 10%"? !!!!|
|The insiders will have all sold out by now to hapeless "investors", so suspension soon.|
|at some point they will have to report something (progress? :-) )
or risk delisting for not reporting (at least once a year)?|
|Andy, I don't know which boiler room promoted this, sorry. My understanding is the shares in these scams get promoted out of Hong Kong to Asian investors using the London listing as a reputation "enhancer". They promoters usually try to get them traded on SETS (open order book) to allow the promoters to create the illusion of liquidity through phantom trades.|
Even the current marketcap is way too high!
Do you know which boiler rooms promoted this out of interest?
Send me a PM if you prefer not to post.|
|andbea, "risky" is an understatement. It is a scam. The company is worth nothing|
|radg fell 60p to 15p in 8 months
up 8% today (illiquid & risky)
04/07/2012 12:32:00 RADG 18.00 O 20,000
03/07/2012 15:21:00 RADG 15.50 O 90,000
03/07/2012 14:48:00 RADG 15.50 O 440,000 = 68200 quid trade !!
02/07/2012 16:44:58 RADG 15.38 O 26,000
29/06/2012 16:38:04 RADG 15.78 O 16,000
29/06/2012 13:57:51 RADG 16.00 O 2,000|
|Anybody know what the next chinese/HK based scam list will be?
They are great if get in from the start for 400%, this one, DFS, REG etc...|
I am astounded at how long this scam is taking to unfold. Equally, Daniel Stewart should be ashamed of themselves.
|Update from Lucien Miers on ShareCrazy
Have you emailed and asked them?|
None of today's announcements justify any sort of enthusiasm.
In the 31.1.2012 balance sheet there now appears "Other debtors and deposits" of £5,650,000. Just what can these be? Lunch money at the Jolly Rotters Club of Singapore? Or, possibly, downpayments on projects which are so devoid of hope that it is not now possible to give any sort of clear advice as to their nature?
Cash was only £740,000.
All this leaves the shares as a stonking sell.
|Unbelievable, now this company fiddles its accounting reference date to avoid publishing full results (in which they would have to admin that most of the money raised last year is already gone).|
|so what? It rose 2 days and then it continued downwards. The share price is 60% down since last November.|
second part of the article|
|Parvez, congratulations on saving what was left of your investment.
Remember, RADG raised £6m in cash last year upon its IPO, and floated at 10p, a market cap of about £10. So it already floated at a premium to cash without having any other assets and management having no experience whatsoever in the natural resource sector. Now the market cap stands at £38m. There is no justification whatsoever for this. The company still is mostly in cash, and has made only one investment. Why did the share price rise so much for no reason? Following IPO, the shares were pumped by boiler rooms to naive investors. This was done to allow the "friends" of the founders to offload their pre-IPO shares. Meanwhile, the rest of the cash will be whittled away on director's salaries and more pointless investments until the company eventually dies worthless, at which point it will be renamed and the whole thing repeated. Believe it or not, there is an infinite supply of novice and naive investors who will fall for this again and again. It is a legalised scam.
Invest your money in a proper company.|
|bubble has made me nervous and am sure i will regret it but i am out!|
|summay of radg's mission
oil price won't any cheaper by year-end
this is a buoys & pipeline project that's yet to unfold IMO|
|The Hong Kong based boiler rooms occasionally manage to find some new mug punters to buy this up. The spike always fades after a few days, and this time it's no different. I am amazed that this scam of a company is allowed to continue unchallenged by the UK authorities.|
|well it's up 21%
short closed I hope :-)|
|I have increased my short at 38p, so now have an average of 45p. Initial short target remains 10p, and then down to sub 1p more medium term.
Let's just be clear here: Radiant Growth is nothing but a pump and dump with no substance. The offloading by the initial subscribers seems to have been largely finished, so now the share will linger and drift back to sub 10p.|