Chariot Share Discussion Threads

[andonis] 29/2/2020 07:20

CHEST IS THE BEST ASTUTE TRADER INGENIOUS.

WELL DONE CHESTNUT

chestnuts
25 Feb '18 - 22:27 - 8864 of 8884Moderate
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Hi Anthony

Hope you are well did you buy any SQZ

Here are my latest working out on SQZ its quite interesting comparing to GKP

Gkp

Went from 4.5 to 202.5 total movement 198
198 x 593 days = 117414
Now the total movement 445 .5p
and it took 1068 days
1068 – 593 = 475
450 – 202.5 = 247.5
117414 divided by 475.25 = 247
117414 x .618 = 72561
The last wave was 200 days long and a total of 363p in price
200 divided by 475.25 = .423
200 x 363 = 72600
Now we have a small formula
SQZ
Topped at 93p total movement 90.25 total days was 1036
90.25 x 1036 = 93499
Now my cycle is 1252 days ish give or take a day
1252 – 1036 = 216 days
93499 divided by 216 = 432.
432.+ 93 = 525
475.25- 1000 = 524.75
(when the price bottomed in sept 15th 2017 total movement was 17.5 and it took 913 day )
17.5 divided by 913 = .0191675
191675 is the number of days of 5.2475yrs
Going back to 93499 x .618 = 57782
216 x .423 = 91.3days ( now i presuming this will be the correction from 93 down to 65p ish
That leaves 125 days for the price to rise which will be around 460p ish from 65p
Now at the moment i think we are half way through the correction and we are on a double 3 correction wave, which means we should rise to 87p ish then down 65p ish before we start the 5th wave around 12/14th April

[m5] 25/2/2020 13:50

Problem is nash I bought in at a lot higher, but at cash value. So the fact that its around cash now means nothing in terms of value. As I said before, must be nice to be picking up a nice cheque every month and delivering nothing in terms of shareholder value. I suppose it depends on how much patience and money you have and if you think the guy will deliver. Jury is well and truly out for me.

[888icb] 24/2/2020 23:29

Available on Malcy’s blog site is a 20 minute interview he did with Larry Bottomley on 9/1/20. It provides a recap of where Chariot is on its various projects and where it’s heading. It’s a positive picture and today Malcy has confirmed that it remains on his bucket list which he put it on last year.

[jotoha2] 19/2/2020 01:28

Ant , look back at every statement made previously by LB and the word Transformational has been used , and every time it has been a damp squib , the man has had zero results since joining the company , the only transformation has been his pay packet , big earnings and no results .

He has to come up with something special as raising decent money will be difficult , maybe at 1/2 penny if he continues on this road of zero results.

[ant15] 18/2/2020 22:23

He has 12 months...this is supposedly the year that turns this company round the word transformational has been used. Let it be, some people ( wishful thinkers ) have compared this to GKP however if he gets it right this year could be a 10 times multiple of current shareprice. Time will tell Funded and a superb portfolio Could be worse we might not have been invested. Worth a punt at these prices even if the GKP shareholder who cited the opportunity is half right imagine the uplift. DYOR

[jotoha2] 18/2/2020 08:17

And the slide continues , come on Larry do the right thing and get the job done , go man go .

[jotoha2] 17/2/2020 18:43

Sorry to say but LB has turned out to be failure for all those concerned with this company , be it the few who work there and of course it's shareholders , he has failed at every level , and should now do the right thing and resign , what exactly are the non exec doing , are they also a bunch of non achievers !

[squibno1] 17/2/2020 15:58

Since taking leadership of the company in 2012 with a share price in the high twenties, what exactly has Larry achieved?
Failing to find a partner for his failed Namibian drill must surely warrant questioning his ability to lead, yet he is still here !

[m5] 11/2/2020 08:26

Must be nice just to keep taking the dollar and doing what seems like FA.

[pally12] 06/2/2020 16:23

Not a peak from management since Sept 2019

[888icb] 04/2/2020 13:57

The shares are up a little today but the trend has been down since 4.5 in October. The last news was the H1 results 2019 issued on 25th September. Clearly we need some news.

[jotoha2] 30/1/2020 10:21

Where are you Larry , everyone is expecting fireworks!

[laptop15] 25/1/2020 19:26

Watch https://twitter.com/laptop1515/status/1220699056936300544?s=19

[bill hickman] 10/1/2020 12:09

Buystock still posting links to your twitter ramping handle smallcappick.

How many twitter ramping handles have you got buystock ?

[hsfinch] 10/1/2020 06:24

Just watched Botty being 'questioned' by Malcy. How many TCF of gas have you got in Morocco? Answer...0.3 and a load of waffle about prospects. That made me laugh. Program for next 18 months...partner comes in and pays for appraisal well and gets a gas project going. It's possible but not very likely. And you don't make money out a 0.3TCF gas resource offshore Africa. There wasn't much about Namibia or Brazil. Guess you're right...a rights issue sooner or later to keep Botty in his Bond Street lair.

[jotoha2] 09/1/2020 14:46

So Larry is talking about a further 18 months of chit chat before anything might happen here , oh dear , is this another call for more cash at some near term time. The poor man must be the most hapless ceo on AIM.

[jotoha2] 06/1/2020 13:10

And Bottom needs to stop using the word transformational , it never has been .

[jotoha2] 06/1/2020 13:07

Oil companies are slowly becoming areas to not invest in , unless they are making serious money , CHAR has bullshiiited it's way through many many millions with no results , they need to have some positive result somewhere as more easy money will not be brought to the table again.

[hsfinch] 05/1/2020 08:55

And yet another oilie which exists to work out of fancy office and to pay huge sums to management and staff. Are there any decent oilies out there taking seriously their primary responsibility to SHAREHOLDERS?

[value hound] 30/12/2019 09:01

Indeed; just shy of $400k last year (around 2.7% of mkt cap) - though his share options don't look at any risk of being exercisable :-)

I wonder what his expenses forms look like?

[jotoha2] 30/12/2019 07:53

It's a life style company , and Bottom is milking it till it dries up .

[pally12] 30/12/2019 07:09

Looking back through last year releases they have raised over 27m from placings and delivered nothing

[squibno1] 17/12/2019 08:48

Santa rally!
I think the sleigh has the wrong driver.