East Imperial Share Discussion Threads

[the imperialist] 07/2/2024 22:28

Pros don't use them.

[purple11] 07/2/2024 22:26

why people dont use stop losses is beyond me.if any of my positions go 15-20% in the red i get out immedietly.

saves alot of heartache and lets you stay in the game

[papillon] 07/2/2024 22:14

👍 The Imperialist. Will you be average down?
I wonder if seagreen is contemplating buying in again?

[papillon] 07/2/2024 19:32

The Imperialist 31 Jan '24 - 09:11 - 1311 of 1365
0 1 0
Back in!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Ouch! I wonder if The Imperialist still holds, or if he sold last week?

[sooty snipes] 06/2/2024 16:49

Magpie, clearly they haven't raised enough cash. Hence the sudden departure of the finance director who either had his head in the sand or must be a bit of an idiot

[2magpies] 06/2/2024 16:27

sooty

they raised funds already: see rns of 24th Jan - but that will last only until April!

'another round', anybody?

[sooty snipes] 06/2/2024 16:02

If they do need to raise as seems very likely it'll have to be below 0.5p hence anyone buying now must be either mad or know something we don't

[2magpies] 06/2/2024 15:59

This isn't just 'glass half empty': rapidly looking like, there is no glass, and the 'bottle' is on another continent.

[papillon] 06/2/2024 15:45

Well the EISB share price looks like it will close today below the Support level of the previous all-time low of summer 2023. That Support level now becomes a Resistance level.
The EISB Ichimoku chart is Strongly Bearish despite the 14 day RSI being oversold. However shares can stay oversold for a considerable time. The 14 day RSI only becomes a possible buy signal when it starts to rise and gets above 30 again. There's no sign of that happening at the moment.

I refer you to this comment I made in post 1351 on the 4th

"PS the most reliable chart indicators are support and resistance levels. I believe the EISB share price is just above it's all time low of summer 2023. That should act as support. If it doesn't that's a potentially worrying signal."

[sooty snipes] 06/2/2024 13:37

Clearly needs funds so why would you buy now?

[purple11] 06/2/2024 12:56

well it certainly aint a new Fever Tree! lol

[marky60] 06/2/2024 11:59

Tiny market cap. Suspect more wins in Asia Pac to be announced over next few weeks.

[sooty snipes] 06/2/2024 09:32

Looking from the sidelines this looks like a definite fundraise is inevitable. At what price is the question?

[iamthemagnificent] 05/2/2024 09:31

You didn't answer the question, but thats ok. The directors don't seem to be risking their money on these shares either.

[the imperialist] 05/2/2024 09:28

Made 30% on BMN, and bagged here first time around. I'll do ok. Don't worry about me. You can keep your BARC and LLOY thanks.

[iamthemagnificent] 05/2/2024 09:25

"The Imperialist31 Jan '24 - 16:32 - 1333 of 1352
..They could have taken to the open market had they needed more. I would have stuck 30 grand in at 1.1p and I'm sure many of others like me would have."


Hey Imperialist - so are you sticking 30 grand in now that it's in the 0.9's ?
I noticed EISB and your other one BMN were both down 11% on Friday. Today BMN is down another 10%. Ever thought about investing in some proper shares ?

[andyview] 05/2/2024 07:49

Great news this morning and a big deal for the region

Gla

[papillon] 04/2/2024 19:50

free stock charts from uk.advfn.com


Long term EISB log chart showing EMA's. Going by the EMA's (especially the 400 day EMA) EISB has been a sell almost from the day it listed. Like with the RBG chart there have been bounces, but they have turned out to be "dead cat bounces".
Unfortunately charts only record past share price performance, The Imperialist. Only rampers like you and Master RSI can predict the future with certainty! 🤣 🤣

PS the most reliable chart indicators are support and resistance levels. I believe the EISB share price is just above it's all time low of summer 2023. That should act as support. If it doesn't that's a potentially worrying signal.

[papillon] 04/2/2024 19:37

free stock charts from uk.advfn.com


I'd never heard of RBG, The Imperialist, but here's the long term log chart showing EMA's. It's been a long term sell for a very long time going by the EMA's with the occasional dead cat bounce.
Master RSI? I've seen his posts before because going by his profile and vast number of posts it must be a full time job posting on so many different companies. I don't like his charts.

[the imperialist] 03/2/2024 22:10

Breaking News: Master RSI uses alternative alias after sucking many newbies into a cursed RBG punt.

[papillon] 03/2/2024 21:45

free stock charts from uk.advfn.com


Well the Ichimoku chart is Strongly Bearish, but the 14 day RSI is currently showing that the EISB share price is oversold.

[sportbilly1976] 02/2/2024 16:44

Harkes,

Nope - they need to convene a GM to reset the nominal share value (as you can't raise/issue at less than that)

The suggestion though is that any raise (to be palatable to investors) will need to be at a reasonably discount to the prevailing share price...and with that floating around 1p currently they wouldn't be able to raise.

There is probably a read-across to the maximum they could raise at 1p+ was the £325k