Kibo Energy Share Discussion Threads

[yaki] 08/7/2019 14:31

lurker5
On trades, only 2 sells - 250k and 41k . Rest all buys

I am afraid, just another of many, example of your biased, baseless and wrong "facts" about KIBO.

[yaki] 08/7/2019 14:19

lurker5

Not sure I understand you

"...Bloodbath continues.."

I make it 2m+ NET BUYS so far today, between LSE and NEX, last lots of buys going at 0.819p.

And 6.5% up - Not quite my definition of a bloodbath.

It is obvious we have a seller, and I think I know who it is, but just a guess. Not a big issue for me.

Also the agm statement is a bit of uncertainty for me. Nothing wrong with raising the par value, aka KEFI, as will give the company flexibility. Which is not needed to be used but is there if needed.




lurker5 8 Jul '19 - 11:03 - 1668 of 1671
0 0 0
Bloodbath continues. Some more large sells this am
Looks like the usual insiders have got wind either of the AGM agenda (to consolidate the shares and raise more ?) or maybe a restructuring to protect some of the 'multi-assets' (what a laugh !)from oblivion. The three (major shareholder) caballeros almost certainly involved. Either way, what can't be protected is the per share value for current shareholders. Let's see !

[catchingmice] 08/7/2019 12:01

Oh well i suppose the final curtain may happen sometime but I've always believed that LC deep down is some kind of Bandit and I'll stick by my wordsThe MICE

[lurker5] 08/7/2019 11:46

I've been interested in the (disastrous) Kibo story from early days. I was invested once, but have been invested elsewhere for a long time. But I'm always fascinated to watch how mismanagement pans out, and Kibo is one of the worst, stories, ever on AIM, barring total dishonesty. I'll watch it to the end !

[catchingmice] 08/7/2019 11:31

I take it you are not a buyer or interested in the Kibo story unfolding then Lurker ?So many better options around in my view at the moment and one of them is Zanaga ticker code ZIOCI expect the price to double from where it's at now around the 12p region within 7 - 10 daysHowever please don't take this as a Buy recommendation.I'm not qualified to give out advice so please DYOR as shares can go up or down.The MICE

[lurker5] 08/7/2019 11:03

Bloodbath continues. Some more large sells this am
Looks like the usual insiders have got wind either of the AGM agenda (to consolidate the shares and raise more ?) or maybe a restructuring to protect some of the 'multi-assets' (what a laugh !)from oblivion. The three (major shareholder) caballeros almost certainly involved. Either way, what can't be protected is the per share value for current shareholders. Let's see !

[catchingmice] 05/7/2019 16:14

This Bandit LC could actually be a bank robber i know it's difficult proving it but he really could be ?I would definitely say he's as bent as a ten bob note and 5 pence short of a 20 pence piece.' yous getting my drift geezer ' ?' Well are yous punk ' ?

[woolybadger62] 05/7/2019 16:06

I see Mike Mike has given up If he reads this "See you were warned"

[woolybadger62] 05/7/2019 16:05

People can see the end of Kibo There have been too many missed timelines, scattered news, remember the shareholder QnA that didn't last did it.Remember the good news JDA then immediate placing the next day Remember beauforts Now mccp dead as a door nailSome other half winded projects that he banded together for show And just no incomeThe bod haven't bought any more shares themselves which tells a story Those who are buying today are hoping for a quick buck just as those who were buying under 2p thought

[catchingmice] 05/7/2019 16:03

Yous lot should all get together and take this leg shaking Bandit to a court of law.Absolutely shocking what this brainless geezer has done.Needs arresting and put away for what he has done.Listen here Bandit the Mice is on your trail watching every move you make you clueless, brainless, leg shaking muppet

[wooster4] 05/7/2019 15:39

Another fun packed day for lurker - oh how i look forward to spending days in my retirement trolling advfn boards. Honestly, your time of life is for family and enjoyment.

[lurker5] 05/7/2019 15:31

Dear oh Dear ! A real bloodbath now. "Its the end I tell ee" (maybe not quite. But while the end of the beginning was a long way past, the beginning of the end is rather closer !) Or the end of LC anyway. My soothsayer can already see (even if in a misty brown haze) the three caballeros who will soon be in a majority signing his P45.

[s0n1cb00mb0y] 05/7/2019 14:34

Thoughts....

Well, I have always said that LC has been able to 'manage' bad news and no news periods fairly well, even if sometimes he is so thickskinned over missed timelines, poor comms and poor presentation detail he just says black is white.,e ven when he knows it is not.

My view is that

MCCP - Is currently going nowhere. KIBO have proved that dealing with the Tanzanian Govt is nigh on impossible. All promises and agreements have little or no weight behind them. Therefore, how are they going to get on dealing with the GoT and various other Power Pool organisations cohesively. IMO, currently there is little or no chance. The MCPP is not dead but the telling sign it will not go anywhere soon is the renegotiating of the Sanderson % at the MCPP. Read between the lines on that one obviously.

MED - Whilst initially interesting I feel this is now too little too late for KIBO. timelines seems to have slipped slightly so I don't see profits being realised till. the end of the Q1 next year. So along time to survive and push on other projects without having any income. Of course as of yet we have no idea what these profits are projected to be. I feel possibly this is because the reality is that there are large unknowns over the requirements for a flexible supply. No one has committed to exactly how often this supply will be called upon as far as I am aware.

MOZ - Well this is an interesting project albeit way behind NCCL's project in Tete Mozambique and a lot smaller. My worry is in LC's words, that it is important to be first at the post when talking about projects in developing countries. NCCL are first at the post in Moz so I feel this is a negative against the Mabesekwa project although it may just mean it is slowed up. Already many timelines have been missed here as I feel the GoM whilst better than their Tz counterparts are not exactly dynamic either. I feel Moz is the best chance of moving the share price significantly but given the above and LC's inability to have move any of these major projects into construction so far weighs heavy here, all we seem to get is side dishes of progression and never the main.

BOTS - Well, say no more...this is years away currently.

So all in all, How does KIBO survive? There is no income and when there is I suspect the real reason no revenues projections have been released by the company is because they know 'flexible' power has no certainties about it, so I only see large dilution coming as Im sure Sanderson will not want to be sat on being owed 3.5m by KIBO at any point in he future.

I will continue to sit on the sidelines and watch my 0.7p prediction is very nearly there. a whiff of a placing and maybe your 0.5p or lower is where it goes, who knows?

[s0n1cb00mb0y] 05/7/2019 14:28

Thoughts....

Well, I have always said that LC has been able to 'manage' bad news and no news periods fairly well, even if sometimes he is so thickskinned over missed timelines, poor comms and poor presentation detail he just says black is white.,e ven when he knows it is not.

My view is that

MCCP - Is currently going nowhere. KIBO have proved that dealing with the Tanzanian Govt is nigh on impossible. All promises and agreements have little or no weight behind them. Therefore, how are they going to get on dealing with the GoT and various other Power Pool organisations cohesively. IMO, currently there is little or no chance. The MCPP is not dead but the telling sign it will not go anywhere soon is the renegotiating of the Sanderson % at the MCPP. Read between the lines on that one obviously.

MED - Whilst initially interesting I feel this is now too little too late for KIBO. timelines seems to have slipped slightly so I don't see profits being realised till. the end of the Q1 next year. So along time to survive and push on other projects without having any income. Of course as of yet we have no idea what these profits are projected to be. I feel possibly this is because the reality is that there are large unknowns over the requirements for a flexible supply. No one has committed to exactly how often this supply will be called upon as far as I am aware.

MOZ - Well this is an interesting project albeit way behind NCCL's project in Tete Mozambique and a lot smaller. My worry is in LC's words, that it is important to be first at the post when talking about projects in developing countries. NCCL are first at the post in Moz so I feel this is a negative against the Mabesekwa project although it may just mean it is slowed up. Already many timelines have been missed here as I feel the GoM whilst better than their Tz counterparts are not exactly dynamic either. I feel Moz is the best chance of moving the share price significantly but given the above and LC's inability to have move any of these major projects into construction so far weighs heavy here, all we seem to get is side dishes of progression and never the main.

BOTS - Well, say no more...this is years away currently.

So all in all, How does KIBO survive? There is no income and when there is I suspect the real reason no revenues projections have been released by the company is because they know 'flexible' power has no certainties about it, so I only see large dilution coming as Im sure Sanderson will not want to be sat on being owed 3.5m by KIBO at any point in he future.

I will continue to sit on the sidelines and watch my 0.7p prediction is very nearly there. a whiff of a placing and maybe your 0.5p or lower is where it goes, who knows?

[catchingmice] 05/7/2019 11:47

I bet LC tells his Mrs while sweating in bed at night " Hey love all is going well with KIBO as i continue ripping all shareholders off and they are still falling for my baloney talk "' Listen here geezer you leg shaking bandit you haven't fooled the mice 'Don't cross the MICE you BANDIT or I'll take yous lights out you muppet

[woolybadger62] 05/7/2019 11:40

Yaki your comments that you hope for 0.5 says it all really doesEither you have sold out and now are waiting to buy back in

[woolybadger62] 05/7/2019 11:39

Yaki You sound so boring with that garbage of flushing out a sellerCan you not see, how Kibo runs, how the share price reacts, how lots of jam tomorrow stories are so short lived. But I guess your in here at a much higher average and can't do nothing but sit and wait for something to happen, hoping LC puts right which was once so wrong.............I'm sorry sir really. One of the most awful shares ever

[yaki] 05/7/2019 09:28

In the meantime, let's all wait for the seller to be flushed out, and then buy a few more on the cheap!

My buy target is 0.5p here, IF the selling continues. Hopefully even lower

[yaki] 05/7/2019 09:26

lurker

On your first point, let's agree to disagree. With a few other quals under my belt, I don't have any issues understanding simple middle school algebra that is involved in NPV, IRR etc

On the KIBO point, why do you always assume that they will wait for dividends. There are other ways of bring forwards cashflows - securitisation, loans secured by stake, sell of a chunk of the stake etc.

I won't be surprised if Bordersley which was brought in inhouse, is not sold at some point in the next 6-12 months, once in operation, to a yield hungry investor like a life insurer or pension fund. I personally advised on a few such deals in the past.



lurker5 5 Jul '19 - 07:21 - 1656 of 1656
0 0 0
Yaki - my NPV and economic models were run in great detail, with many iterations of what had to be assumed (as is done in many engineering design processes) and checks for validity. On the other hand, I found your comments on the matter to show you had practically no experience and little understanding.

As for Kibo value, you ought to be able to work that out for yourself. The fact is that, to get to the value (per Kibo share) that might be there in the end from Med Moz and Bots, Kibo has to spend much more cash than it has access to. My own estimates are that if it can raise the necessary equity (involving diluting present shares about twice) it might one day be worth 5p per share (no more) - but only assuming no more dilution than twice, and that investors will stump up. Both very dodgy assumptions. But even if Moz and Bots get up and running (in at least 5 years time) Kibo will only have a minority stake and no control over whether it gets any dividends from them. So what's the point of the whole strategy ? Its idiotic.

It might survive on Med, but only after a long time, and its income will be peanuts compared with the burden of shares LC's grand vision has amassed. In other words, the shares will be lower even than today's.

Its sad (and rather pathetic) to see, eg Stay Strong over in the chicken run thinking Kibo will be life-changing for his family. The poor man hasn't the slightest idea how Kibo works. He's in the same mindset that thought it was 'worth' MCPP's NPV !

[lurker5] 05/7/2019 07:21

Yaki - my NPV and economic models were run in great detail, with many iterations of what had to be assumed (as is done in many engineering design processes) and checks for validity. On the other hand, I found your comments on the matter to show you had practically no experience and little understanding.

As for Kibo value, you ought to be able to work that out for yourself. The fact is that, to get to the value (per Kibo share) that might be there in the end from Med Moz and Bots, Kibo has to spend much more cash than it has access to. My own estimates are that if it can raise the necessary equity (involving diluting present shares about twice) it might one day be worth 5p per share (no more) - but only assuming no more dilution than twice, and that investors will stump up. Both very dodgy assumptions. But even if Moz and Bots get up and running (in at least 5 years time) Kibo will only have a minority stake and no control over whether it gets any dividends from them. So what's the point of the whole strategy ? Its idiotic.

It might survive on Med, but only after a long time, and its income will be peanuts compared with the burden of shares LC's grand vision has amassed. In other words, the shares will be lower even than today's.

Its sad (and rather pathetic) to see, eg Stay Strong over in the chicken run thinking Kibo will be life-changing for his family. The poor man hasn't the slightest idea how Kibo works. He's in the same mindset that thought it was 'worth' MCPP's NPV !

[catchingmice] 04/7/2019 16:13

sleepydavePosts: 1,331Price: 0.875No OpinionRE: SPToday 13:35JD and SYM.I don't have the answers either but there's one thing I do believe and I believe we will soon see the outworking"Ultimately You can't keep a good share down"Wake up geezerWhat makes you think this is a good share ?

[yaki] 04/7/2019 16:10

lurker5

what is your point? Kibo worth 0, about to go much lower or is fair value at this stage?

Are you saying LC won't manage to get any of his Africa projects up and running?

On NPV, I remember finding quite a few mistakes in your calcs and assumptions, so let's not get too overconfident!

If my memory serves me well, you were assuming that if a project is bought at NPV, the buyer won't make any money on the deal!

lurker5 4 Jul '19 - 15:59 - 1652 of 1653
0 0 0
The LSE chicken coop.
I see they're actually starting to wonder why over there ! All their clapping fading away, and wishful thinking going up in smoke. Yet all the answers have been over here, for many many moons. Yet they never take a look. They can't see that for all his chatter, Chimp has always asked the right questions and called LC right. Even SonnyBoy (his inability to understand NPV's all in the past ?)has been asking the right questions for a long time now. Yet over there they cluck away in a fog of self-delusion. I honestly can't understand it. Most investors want to know the truth, or at least to learn how to find it. But, then, AIM depends on brainless cannon fodder to keep the likes of LC in his cigars I suppose.

[citycanary] 04/7/2019 15:59

WB - sure, some were total $hitpicks, others were better, that's how it goes on AIM (an unregulated casino).

To me this is just a game for small stakes.

Let's face it, most of us on this BB have greater equity in their house than most AIM companies have MCAP LOL

GLTA

[lurker5] 04/7/2019 15:59

The LSE chicken coop.
I see they're actually starting to wonder why over there ! All their clapping fading away, and wishful thinking going up in smoke. Yet all the answers have been over here, for many many moons. Yet they never take a look. They can't see that for all his chatter, Chimp has always asked the right questions and called LC right. Even SonnyBoy (his inability to understand NPV's all in the past ?)has been asking the right questions for a long time now. Yet over there they cluck away in a fog of self-delusion. I honestly can't understand it. Most investors want to know the truth, or at least to learn how to find it. But, then, AIM depends on brainless cannon fodder to keep the likes of LC in his cigars I suppose.

[yaki] 04/7/2019 14:37

CC
Just out of curiosity, how many did you invest?