Leo Insurance Share Discussion Threads

[tara7] 22/1/2010 10:25

Solarno, this stock is down 90% over the last few years, now valued at under 200K, IT HAS NOT GONE BUST. I know what companies like this can do, cos ive done it many times in the past. One must buy any share at a low price, and sell years later at a much higher price. Good luck in any event. PS the seller of this stock ,[see RNS] has lost a heap of money , i on the other hand have not.

[solarno lopez] 22/1/2010 10:15

you are simply giving everybody expectations beyond reason which in itself will push the price and then leave some poor sod with a hefty lost

[tara7] 22/1/2010 09:56

Collapse from £200,000. !!! Stay away Solarno.!!!! What will it collapse to £10.00 for the whole company.?????

[solarno lopez] 22/1/2010 09:49

a massive risk through dilution and the price will collapse tread warily

[tara7] 22/1/2010 09:37

At 200K, market cap on a PE of 10, they only need to make 20K profit per year.!! If a big deal is done one could be looking at millions of profit per year. A risk yes. but what fun if a deal comes off.!!

[tara7] 22/1/2010 09:34

Dupree, Tara is more than happy here, 200K for the lot, not going bust, not de listed and have told shareholders they are on the look out for a deal and growth. A steal if you ask me.

[double6] 21/1/2010 12:40

Roulette indeed!

However, capped at only £200k, difitely worth gambling a few hundred £.

After his game at TRIC, what has he planned here ??

[dupree] 21/1/2010 12:33

No not me. But I do keep wondering if I have mislaid a share certificate for Leo from the old days. Can't help feeling I might need it. Also, it would tell me how many shares I have!

Buying this share is roulette. Only sensible as part of a strategy (Like Taras ancient and honourable investment strategy), or perhaps with a few quid you don't mind losing. One of my original holdings free from Safeland was valued at £28.00 a year ago! So I added some.

[tara7] 14/1/2010 09:42

Anyone any idea about yesterdays trades ??

[tara7] 13/1/2010 22:34

Yep, put it in the FTSE Now lower than 10 years ago, and even lower than that after you have paid all you fees.!!! Banks, were the best.[NOT]

[tara7] 13/1/2010 22:27

Itchycrack, how are you today.? Good to see you are reading my posts as always, might have to wait a day or two to find out whats going on.[ Or was it you buying today.?

[itchycrack] 13/1/2010 17:17

RAMPTASTIC!!! .... but looks like no one's listening to your ramps anymore... :-(

Surely the Master Ramper hasn't lost his/her touch??? Surely not.... :-)

[tara7] 13/1/2010 16:37

The last trade at 3.5 looks a sell , however the MM were all over the shop a few months back and 3.5p still makes a good turn for one of them.

[tara7] 13/1/2010 16:22

One more trade just gone through looks to me was protected from this morning. If they are all buys. its over 3%, so if to the same buyer an RNS will be due.

[tara7] 13/1/2010 14:07

Looks like just under 3% now.!!

[tara7] 13/1/2010 13:49

Looks like someone has just bought 1.5% of LEO.

[tara7] 21/12/2009 09:00

PS Fundamentals, is the very reason why investors do not make money.

[tara7] 21/12/2009 08:59

Leo is a trading company[but as we both know a shell also]. They have all the time in the world to do a deal without being booted out of AIM. All the risk in my view is priced in. Infact it would be very hard indeed to lose £10k, as one would need 5% of the company to do that.!!!!!!!!!. But that 5% on a five year view could mean you might be able to give up work.! Good luck.

[solarno lopez] 21/12/2009 08:47

Tara7 it probably sounds like i am getting at you and in some way i am i have developed shell companies for the last 20 odd years and in all cases something has to give. Of course as soon as there is the whiff of a deal the shares move upwards. My own feeling is that the Lipmans could well inject one of their own companies into Leo or having dealt with them before try to sell their holding at top price....but its all a gamble and not based on fundamentals....be aware that they have closed some of their shell companies that were listed on AIM because they failed to get a deal away in time!

[tara7] 21/12/2009 08:32

Thats due to the fact i have no idea of the deal or how it is to be done. What i do know is buying when others are not, and buying at the right price reduce risk. It is this reduction of risk that i search for, it has worked very well for me over the years. Just look at the header on this thread, the stocks i posted prior to them going up. They were ALL far to cheap and they all had something going for them I saw when others did not. !!!

[solarno lopez] 21/12/2009 08:24

correct but you haven't answered the question

[tara7] 21/12/2009 08:22

ASK yourself this. Why is Leo on AIM paying fees year in year out.? Why has LEO not delisted just like many others.?

[tara7] 21/12/2009 08:19

Take a look at the directors who have in the past turned a tiny insurance company into a 70M outfit and then sold at the top of the market. Leo is so small now any deal in my view will push up the stock price, i see in the past the city put a value of over 25p on this same stock.!!