Emmerson Share Discussion Threads

[hemehem] 25/2/2011 20:48

did we actually tick up today?

[skyship] 25/2/2011 17:25

hove - a perfectly understandable strategy for the vast majority of investments. But in the case of EML it is one that may require you to chase a rapidly rising share price after an "Investment" RNS is issued. This could be 15%-20% higher within minutes! Better to BUY into weakness and SELL into strength.

[hoveactually] 25/2/2011 17:04

well i'm not selling my holding but i'm not adding until they make an investment decision.
i'd sooner pay more with the knowlege that a shrewd investment has been made that is likely to appreciate the value of the company rather than buying more simply because the share price has retreated so far.

[pip_uk] 25/2/2011 15:32

Managed 84k at 2.59p...

[skyship] 25/2/2011 14:27

Absolutely no objections whatsoever to this drifting share price - topped up with another 150k @ 2.56p....

[red ninja] 24/2/2011 17:03

This correction should provide opportunies for cash rich companies..

[orado] 24/2/2011 16:58

How much cash are they meant to have?

[kerrie3] 22/2/2011 17:12

I agree its an unacceptable situation.
as at 30/10 they had £10 mill in cash, thats more than the current share price.
Dattels needs to stop fannying about and take them under the Polo umbrella.
ironically, if they had stuck the cash in POL at the time, the investment would be now be worth £11 mill.

[barryrog] 22/2/2011 11:46

Total inactivity = disillusioned shareholders = falling share price.

[skyship] 17/2/2011 16:46

The PM trader strikes again with another 400k @ 2.9p!

What I find surprising is that they are managing to source the stock. Certainly no signs of the seller....

[barryrog] 16/2/2011 19:16

i have a very high regard for Dattels, my concern is that he is totally focused on Polo and EML is taking a back seat.
i agree with SKY that a blockbuster investment is very likely the big question is when - there are some good uranium opportunities out there as we speak and the price is in a steep upward curve which i feel EML could be taking advantage of with their cash pile.

[enforcer2] 16/2/2011 10:10

have faith in Dattels/Mellon i have and done well

[kerrie3] 15/2/2011 18:57

well there was actually some buying interest today, i wonder if they are actually about to do something at last.

[skyship] 15/2/2011 16:15

My downside risk is to 2.5p, at which level we would be at a supporting 10% discount to my estimated Cash NAV.

We don't know anything of course, but look at the trades. Interesting to see the PM trader has bought again today - another 350k @ 2.9p.

Incidentally - traders may like to take a look at my post over @ TEIF - activist managers Laxey Pertners have today upped their stake from 5.1% to 29.8%. GAME ON! Sp up c.10% @ 38p, but that is versus the property NAV of c.70p; so plenty to go for...

[hemehem] 15/2/2011 15:42

How do we know it's not going to go to the bottom tend line first Skyship?

[skyship] 14/2/2011 18:14

Looks to me as though, over the last 10days, the same late day trader has now bt 550k @ 3.0p & 1050k @ 2.9p. Of course that amounts to only £47k; nevertheless, it looks to me like a highly positive signal of a secure buyer mopping up loser sales still exiting from the 4p spike.

Will those momentum traders never learn to also look at the fundamentals?

[skyship] 14/2/2011 11:28

snorky - this is a microcap CASH shell. You would be buying on the basis that the Dattels/Mellon have FORM. They have a tremendous track record for creating value. The cash NAV underwrites the current share price and the potential upside is unlimited.

The time to buy these is when they are quiet - not when they are being bought by daytraders punting after a transforming RNS.

The current share price is 2.82p-2.845p; so take a few on board then be patient. It may be 3-6months, it may be tomorrow; but when Dattels/Mellon decide on the next play for EML - your patience will be well rewarded....

[snorky123] 14/2/2011 07:24

I have a holding in POLO and wondered if anyone could give reasons to buy this outfit as SD also main man behind this co. Thanks for any info Snorky.

[skyship] 10/2/2011 19:13

Barry - wrong - this will turn when SKY says it will turn!!!!!

Seiously though, I will trip up someday for sure, but so far for me this is a magic stock. Over the past 2yrs I have traded it no less than 10x; made money on each and every occasion, on each and every swing; and on two occasions made serious money. By and large by buying when low and selling when high - SIMPLES.

IMO we are in the accumulation stage for the next run.....

[barryrog] 09/2/2011 23:28

SKY,
it aint gonna turn until the company announce they are actually doing something!

[skyship] 09/2/2011 13:15

A little patience please - I suspect this ship's going to turn again fairly soon now...

[kerrie3] 09/2/2011 07:54

I couldn't agree more.
knock knock is the company open for business?
nothing since November's dabbling and the uranium price has moved from $65 lb to $75 lb.
don't say there aren't good investment opportunities for the cash pile, there are loads.

[barryrog] 08/2/2011 23:44

i'm not surprised the shares are almost illiquid - is anybody actually doing something aside from taking their salaries from the £10 mill cash pile.
they could have invested in URA last month at 4p now 5p. Jeez, ffs wake up and act like a public quoted company.

[fuiseog] 08/2/2011 11:11

Thanks Skyship, I didn't realise it was a single trade. Glad it wasn't mine!