Amala Foods Share Discussion Threads

[terminator101] 30/7/2022 09:08

💤💤💤💤8164;💤ԁ64;💤💤;

[kibes] 29/6/2022 07:48

Anything going on here or is this dead in the water? I suppose they haven't been able to find finance for the rare earth wheeze.

[mam fach] 23/5/2022 11:20

Should read long suffering shareholders.

[dave4545] 23/5/2022 08:21

kibes

Yep, we can band all sorts of numbers now it's suspended so it makes no difference :-))

[uknighted] 23/5/2022 08:08

RNS
Share suspension and proposed acquisition

“ Aidan Bishop, Director, Amala Foods Plc, commented:

"The execution of the SPA is a significant milestone towards a complete rebirth of the Company that provides value to shareholders in excess of the current share price. Rare Earth Elements are garnering significant market interest and for good reason. The Angola and Ugandan projects are located in close proximity to other world class REE projects that are being developed. I am confident that following solid expressions of interest of finance provision in bringing this opportunity to fruition that shareholders in the company stand on the cusp of a new and exciting beginning".”

[kibes] 23/5/2022 07:49

dave4545 - more likely to do a cash raise at 0.4p? Who is going to pay 2p? The next trick will be a 10 for 1 share consolidation as part of a fund raise.

[discojames] 23/5/2022 07:36

Aidan bishop is a total, total clown. What a waste of space him and his useless ideas have been. It's a cash shell now so time to start afresh I guess

[dave4545] 23/5/2022 07:31

Well if they raise at 2p and come back anywhere near that price then it's a 5 fold profit for me.

...if...

[terminator101] 23/5/2022 07:18

Confirmation that the whole alma food business was just a loss making pie in the sky venture by the serial failures Morley Kirk and Bishop. Now it's a new adventure promised, after an equity raise to come of course. Hilarious how the gullible punters keep being taken in by these clowns.

[babbler] 23/5/2022 06:54

Hello....and goodbye doubters

[officerdigby] 07/5/2022 13:41

Could ANR be the reversee?

[dave4545] 05/5/2022 07:20

0.4355-0.474p

So you can still buy lower than the 1.5 mil buyer yesterday who paid 0.492p

[dave4545] 04/5/2022 15:40

One person bought 1.5 mil at 0.472p and then went back and bought another 1.5 mil at 0.492p both delayed hence same person.

Might go tomorrow

[dave4545] 04/5/2022 13:16

6 mm's bidding 0.4p and somebody sells.

Similar pattern goes blue everybody piles in, goes red or goes quiet and all the buyers start selling for losses through impatience

[h2owater] 04/5/2022 11:38

Will be +2p soonThu, 10th Mar 2022 10:50(Alliance News) - The following stocks are the leading risersAmala Foods PLC, up 27% at 0.70 pence, 12-month range 0.35p-2.03p. Says proposed rare earths exploration subsidiary, Terra Rara UK Ltd, which has majority interests in three rare earths projects across Angola and Uganda, has seen high-grade results from drilling on the Mungo project. Notes project has the potential to become a "low capex and low opex REE project". Still looking to close acquisition of Terra. Director Aidan Bishop says: "I am pleased with the progress being made on this potential transaction that if successful will result in a complete transformation for the company. The company announced previously that based on the current number of outstanding shares, if successful, the transaction would result in a 'see through' valuation of approximately 2p per share."

[arborfieldinvestor] 04/5/2022 09:12

The share price here has fallen a lot over the past year, what is the reason and is it worth a punt? Can't see a lot of news

[dave4545] 03/5/2022 14:57

Vast up 700% since Friday

Do not sell quiet stocks, they can suddenly spike and go nuts and that includes DISH

[dave4545] 03/5/2022 13:11

I just ignore him

There is no logic to stocks now, they take their turn to spike on news so why sell anything because they are quiet and drifting.

1 day later they can be up 100-200% and being chased even higher

[tenapen] 03/5/2022 12:59

Hi dave,
101 is right up to now - DISH hasn't delivered, but people should be allowed to do thier own research / make thier own mistakes or find a multibagger without being ripped on these bb's.

I looked at DISH but didn't buy as soon as i noticed ShareTalk had started a thread, but i keep an eye just incase .....

Cheers.

[dave4545] 03/5/2022 12:45

tenapen

He's knocking Vast to high hell and it's up 400-500% since Friday's lows

Mind you I think everybody old school is knocking Vast, there is no logic any more.

If a stock spikes 50% then there's a massive crowd of chasers piling in to take them even higher

...for so long though...Loop last week 6p to 16p now 10.5p

[tenapen] 02/5/2022 11:01

You really should keep taking your medication 101.

If people want to have a punt on DISH that is for them. As long as they do thier own research and understand that posters like you are spinning thier own agenda.