Financial Payment Systems Share Discussion Threads

[seanmiller] 09/5/2008 17:28

another failew week lol,

sell price still same so you cannot exit.

Back next week on here and iii again, i'm gonna do LSE also next week.

cheers

[seanmiller] 09/5/2008 17:27

"IMO whilst everyone was too busy squabbling someone has mopped up all the stock:"

yeah £167.99 of it

[chancer6] 09/5/2008 17:20

Good week with the price rising from 0.33p to buy to now 0.50p to buy and even then hard to get a decent quantity and in the meantime one can sell as many as they want. Not surprisingly when cash position in Feb was 2 million with 100K a month cash burn and with 92m shares in issue that would put a valuation at well over 1p even without a value on the AIM listing.

IMO whilst everyone was too busy squabbling someone has mopped up all the stock:

1.76m BUY last Thursday at 0.31p
3,053,961 BUY at 0.33p on Tuesday
The 916,666 trade at 0.25p on Tuesday imo was also a BUY
500,000 BUY at 0.35p on Wednesday

IMO the correction to 1.10p minimum is days away. Results out at the end of the month should confirm the cash position to be well above 1.10p a share.

PS. pretty desperate deramping sienamiller with that post on iii in the afternoon....2 weeks now 24/7 and oohhh it seems you have been working up a sweat.

[seanmiller] 09/5/2008 16:20

chancer warning people off now, she finally woken up.

She said it 0.55p to but 500k!!! , way to much to pay for a stock that you can sell for 0.22p.

At last, she wears a halo lol

Thanks for the advice.

[chancer6] 09/5/2008 16:18

0.55p to buy 500K.

[seanmiller] 09/5/2008 14:58

No interest here until suspension

Mark up this morning in the hope of creating some interest, but that hasn't happened.

[chancer6] 09/5/2008 14:38

Looks like the MMs will now have to raise the bid price to get some stock...next move should be 0.30-0.60p.

[mufprat] 09/5/2008 14:36

Can't buy in any size? Another lie chancer / smiler.

250,000 available online without having to work a bigger order..............if you're desperate to throw your money away.

Dont' forget, so called fair value 1.10p (doesn't take into account operational costs, maintaining AIM listing, Director's salary. If the share price doubles from here, you're at fair value and breakeven if you buy today with the 60% spread. Doesn't seem much point in buying, even the ramper's own fundamentals tell the same story......PMSL :)

[chancer6] 09/5/2008 14:16

seanmiller - 9 May'08 - 13:58 - 466 of 468 (Filtered)

seanmiller - 9 May'08 - 14:02 - 467 of 468 (Filtered)

seanmiller - 9 May'08 - 14:06 - 468 of 468 (Filtered)

That is desperate and confirmed. 60% spread, bidding for 750K at 0.22p and can't buy in size...looks to be they don't want buyers...WHY? Because the price is about to go up significantly imo to 1.10p which is the worse case cash position.

[seanmiller] 09/5/2008 13:58

I forgot about iii - cheers. Ill be back in a moment......................................................just gonna post there

[chancer6] 09/5/2008 13:56

Looks to me desperate stalker is getting v.desperate now and thanks to him some will miss out on 0.50p to buy as well now...maybe time for another dart to iii to deramp but maybe should get the ticker right.

[chancer6] 09/5/2008 13:54

1.76m BUY last Thursday at 0.31p
3,053,961 BUY at 0.33p on Tuesday
The 916,666 trade at 0.25p on Tuesday imo was also a BUY
500,000 BUY at 0.35p on Wednesday

Chancer6 - 3 May'08 - 14:03 - 285 of 305 edit


No brainer on how undervalued these are currently! Current mkt cap = 0.28m. AIM listing is worth 0.60m and cash in February stood at just under 2 million.
The Company's current cash position is just under £2 million of which
approximately £700,000 is held in the China Joint Venture and maybe to subject
to transfer restrictions.

100K a month cash burn
representing a burn of about #635,000 for the Half Year or an average of #106,000 per month

So still leaves 1.70 million cash of which 700K is in joint venture. Get about 500K back from joint venture + 1 million + 0.60m on AIM listing = 2.10 million. With 92m shares in issue the valuation could be as high as 2.25p imo. Or if no value on AIM listing then should see 1.50p on cash alone. Should see a massive correction sooner rather than later.

LEG as a cash shell with no cash is currently valued at 0.75m....and same with other shells.

[chancer6] 09/5/2008 13:46

Still more buys and can't buy in size. IMO reason for pre-market tick up should become known.

[seanmiller] 09/5/2008 12:23

looks like Novice6's £147.99 buy today has not helped the price up as she hoped.

THE £147.99 BUY TODAY ..............

[chancer6] 09/5/2008 10:46

Time to get the third deramper in imo.

[seanmiller] 09/5/2008 10:43

what on earth are you doing lol.

You just picked up another £50.00 worth of shares - are you mad. Your dealing costs are over 10% of that lol.

OK - SUMMARY

TODAY WE HAVE £147.99 IN BUYS IN FPS STOCK.

£147.99 BUYS TODAY

sienamiller stalker and filtered.

[mufprat] 09/5/2008 10:42

oh dear, someone spending their pocket money on this MM trap, fully expect to see a large sell later today or next week. Offer moved up to give the impression there is a buy in the market, whilst the Bid remains the same.