Directex Real Share Discussion Threads

[bw64402] 04/12/2010 20:39

leedsu36 - you're assuming PWhite has any integrity for it to be challenged ;-)

[cps1959] 04/12/2010 20:22

pwhite

We all knew you hadn't a clue and we have just had it confirmed once and for all.

[devil20] 04/12/2010 19:10

kenny. Well done. Nice prompt reply from TW.

[marab] 04/12/2010 18:55

The silver price seems to be gradually increasing in percentage terms compared to gold, so I would quite like to see the cash in DXR invested as quickly as possible. While holding for the longer term I still don't like to see the share price down and the comments of people saying they are stuck in the share. I know everything will look better when we get some money invested and those thinking of selling might be happier to stay put, but I can see why the lack of apparent movement is causing unrest.

[robson1975] 04/12/2010 18:19

this stock keeps going down , i thought the big holders were insiders so couldn't sell

[leedsu36] 04/12/2010 18:11

Jim Mellon
Former Fund Manager
Ranked #29 in the Sunday Times Rich List 2010

With an estimated fortune of £530m, the entrepreneur and former fund manager made his fortune investing in emerging markets in the 1990s, and notched up the AIM market's greatest ever success when he co-founded UraMin in 2005 with $100,000 and sold it in 2007 to Areva for $2.5 billion.

Jim gained a masters degree in politics, philosophy and economics at Oxford and then worked in fund management in Asia and the USA before establishing his own investment business, Burnbrae, in 1991. He is the chairman and co-founder of Regent Pacific Group Limited and a director of Charlemagne Capital Limited and various other investment companies.

His investments include a substantial property portfolio in Germany and the Sleepwell Hotels chain. Jim spends most of his time on start-up ideas and investing.

Now mainly involved in the property and alternative energy markets, he makes 20 to 50 trades a day in "just about everything".
Jim Mellon will be speaking at the Master Investor 2011 event, so be sure to get your ticket to witness the exclusive presentation and commentary.

[leedsu36] 04/12/2010 18:02

Hey PWhite your integrity is being challenged.

[globetrotter18] 04/12/2010 17:53

Question for those who know/understand how SIPP works:
stocks bought & put in a SIPP - can they be traded as often as one like? and proceeds reinvested, again kept in the SIPP? does this mean one can trade as many times as one like to so long as the fund is not withdrawn from the SIPP before retirement age?
TIA for any info

[devil20] 04/12/2010 16:05

kenny/cps. Perhaps you'd like to c & p post 248 and send it to TW. Just to see what he's got to say about it.

[leedsu36] 04/12/2010 15:35

Thanks PWhite,that should bash the stock again on Monday hopefully to allow me back in at under 3p,now ease off after Monday till i shout for you again.

P.s. Don't take so long next time with you response.

[pwhite73] 04/12/2010 14:56

the_beagle

You are wrong. The 15% cut will be on the rise of the NAV in DXR not simply on its holdings. For this to happen an EGM must have gone through and another three months pass for the first quarter to be examined for any potential increase in the NAV. So at the very earliest it will not be until April 2011 that T1ps decides to take their 15% based on NAV.

Now listen carefully to what I have to say.

Cash raised through the issuance of equity counts towards NAV. When cash is raised in this manner it increases the NAV but normally leads to a depression of the shareprice due to dilution. This is where T1ps will make the 15% cut count.

Come April 2011 they will quite rightly count the cash raised through dilution as an increase in the NAV and then DXR will issue even more shares accordingly to reward T1ps so depressing the price even further.

In these types of stocks it is newbies the management are after not long termers like yourself. This lesson should have been learned with the Landers, clearly it has not been. The management require long term current holders to get the EGM through but once passed it is newbies (fresh blood/fresh money) that they will seek to get away with making money from DXR through equity raising.

By the time they are ready to announce new investments the shareprice will be about 1.25p. Newbies will read the RNS about DXR investing in a company called Silverco Plc and all rush in. Off the back of this new enthuasism DXR can raise further equity and T1ps take a further cut.

I have said it time and time again on many an AIM thread..."Long term holders are not wanted in these microcap stocks". Sometimes you can get very very luck and pick a winner in which case everybody lauds about for years. But these are very rare and in most cases even surprise the management.

[ntv] 04/12/2010 12:03

invest in viagra then

[the_beagle] 04/12/2010 12:00

PWhite,

I was under the impression that the only way Tips can make money is by a 15% cut of any INCREASE in the NAV of DXR's holdings. They will make zilch if they cannot get the NAV up. If they do get it up, both Tips and ordinary shareholders gain. What's the problem with that?

[pwhite73] 04/12/2010 11:14

leedsu36 - 26 Nov'10 - 23:57 - 187 of 244

"pwhite...any thoughts for us?"

Yes. TW bought his stake at prices higher than today so that is some sort of saving grace when you look at today's shareprice.So how is TW to make a return on his investment?. I only see three outcomes:-

1. Pumping the shares with news of stake purchases in other companies.

2. Dilution.

3. A combination of both.

The one area of growth he cannot announce is growth through precious metal discoveries or joint ventures. This is because if the EGM goes through DXR will simply be an investment company with no intrinsic business of its own. Very much like you guys holding shares in other companies. It is important not to make comparisons with Ascot Mining, RGM or RRR for these are all living, breathing companies in their own right. DXR is not.

So do you sell, hold or buy?

If DXR is not generating any revenues it can only raise funds through dilution. This is the path I believe the company will have no option but to take. Before any of you start shouting what about Webclubs I believe Webclubs will not be part of the new investment strategy assuming it hasn't been or earmarked to be sold already.

The seizing of 15% of the company's cash every quarter on a supposed increase in the NAV is appalling. How the hell do you expect the company to grow when the NAV will only and can only be comprised of cash raised through the issuance of equity.

My opinion is if you are in profit get shot of DXR. TW, his companies and his self promoting pumping rags do not have the greatest of reputations with serious investors and really remain in the domain of opportunistic penny share punters and bucket shop fund raisers.

To date I have not been wrong on this share yet despite the spike to 6p. I told you all the Landers had no intention of reversing IPT or anything into DXR and I'm telling you all now DXR will return to 1.25p as plans are announced how they intend to fund themselves over the coming financial years.

I believe T1ps will make the returns on their investment by taking a 15% cut of the equity raised every quarter and small shareholders will suffer for it.

Be careful with this stock.

[kennyruss] 04/12/2010 09:15

NTV - to clarify that point re tigerdog - The error was on the Landers side.. He submitted all necessary TR1 forms e.t.c

[ntv] 04/12/2010 09:06

note tigerdog has broken fsa rules if he now holds less than 3%
no rns re his sale

[ntv] 04/12/2010 09:04

i heard dxr egm is 21 days from today.see you all there ;-))

[engelo] 03/12/2010 19:52

Knowsleyman 220: "Could the EGM be arranged for 24th December to ensure that nobody turns up?"

RGM have just organised their AGM for 30th December ;-)

[hyper al] 03/12/2010 12:15

LUFC5

SVLP has a market cap of around AUS$17m and it's only listed on Plus and ASX, so I doubt it.

[the_beagle] 03/12/2010 12:06

DXR have no mandate at the moment to buy anything as far as I know.

[lufc5] 03/12/2010 11:36

Could this be of any interest?????


Request for Temporary Suspension

Silver Mines Limited ("SVLP)

Silver Mines Limited ("the Company")which is listed on the ASX and PLUS Quoted has requested an immediate
trading halt be placed on its securities on the ASX pending an announcement by the Company. The Company has
requested a temporary suspension of trading on PLUS quoted in line with this.

Unless ASX and PLUS Markets decide otherwise the securities will remain in pre-open (suspended) until the
earlier of the commencement of normal trading on Tuesday, 7 December 2010 or when the announcement is
released to the market.

The Directors of the Company accept responsibility for the content of this announcement.

Silver Mines

[the_beagle] 03/12/2010 10:24

Unloved to say the least. Been trying to sell at 3.5p for two days, but finding it very hard. The TW camp are hardly mopping these up. Looks like I'm stuck with them for a while. Mine are paid for but I wonder how many punters have these on T20s. Getting out wasn't easy at 5p and it's just as hard now!

[the_beagle] 02/12/2010 16:25

Not me. Can't get a firm bid for 25k with TDW!