Ncondezi Energy Share Discussion Threads

[dontay] 11/8/2018 18:02

IMO your "guess" is right on the button, this is a speculative, high risk 'penny share' stock, it's trades in the 'swamp' of the AIM market like many others... and just like many others it's backed by very some persuasive and seemingly very excitable rampers'. Don't invest more than you can throw in the bin without unduly crying about your total loss! Its not possible to make investment decisions for the long term on a stock like this at the current time... but if the news is good and it zooms up... and you do decide to hold to see how it goes... it's vital on a stock like this to use a stop loss. That 'high risk' profile will be around for long time after any initial boom'.... the greater the risk, the higher the rewards, but also the greater the loss! At the moment this is a gamble... the odds may appear to be good but it's still a gamble. In the snakes and ladders game the penultimate square is a snake, its the one just before you win? ... it takes you all the way back down to the start! it's your own dosh your gambling with.

[thetrophyman] 11/8/2018 16:42

Any potential long term holders here? I mean I know some of you have been in this for a long time already and I guess it depends on the news feed in the coming weeks, I came in fairly recently after being cynical at first but happy to be here now. To be honest, I'm just not sure what my next move should be... I like long term

[yogaboy] 11/8/2018 15:48

Interesting / amusing to note that restructuring the shareholder loan is in fact the third milestone on the share options award (RNS 29 May) at 7.5p, behind JDA (6.25p) and first draw down (also 7.5p).Going for the low hanging fruit first, or is it all hanging pretty low from here on in? :)

[imjustdandy] 11/8/2018 12:50

Couldn't be closer. August a big big month for the company. 20p on agreed conversion and positive workshop update. 40p on JDA.

[terranadonjohnson] 11/8/2018 07:57

whichever way an whatevers going on, JDA is not far off in my opinion

[terranadonjohnson] 11/8/2018 07:39

almost bordering on hammy acting lol working it cos they don't want to give impression that conversion to equity wasn't hard fought (to show not a quick cheap way for insiders to make a killing). don't have a problem with that at all either. loan being a shareholder one means alignment lenders interests with our own.

we're nearer to JDA than many people realise.

[terranadonjohnson] 11/8/2018 07:35

yoga, spot on. AFC already on board as fast I is concerned, and is just an opportunity to get another rns out to keep things bubbling nicely. have no doubt regarding this.

[yogaboy] 10/8/2018 16:33

It's a ruse to get 2 RNS's for the price of one!

[123js] 10/8/2018 16:14

...equally will be most interesting to see the next Nicole Duke chart update.

[123js] 10/8/2018 15:27

Interesting to note that they are yet to engage with AFC...now in public domain and 2/3rd support we will engage...a not too subtle strategy to try and squeeze agreement?

[yogaboy] 10/8/2018 08:55

There can be few stronger indicators of impending equity action than well-informed loan note holders happy to convert at a premium :)

[cl0ckw0rk0range] 10/8/2018 08:14

Workshop this month which those inside are likely better informed about than the general PI, now we are told those same insiders are looking to convert their loan to equity at 10p, I would think they would see value in doing so and would want a significant return on their investment, and yes I do believe we are VERY close.

[imjustdandy] 10/8/2018 07:30

Mike Haworth rolling £300,000 into shares at 10p. Enough said.

[daddy warbucks] 10/8/2018 07:30

Just me being cynical here, but should you see the loans being converted to shares, then I think the 'deal' would be very close.

[123js] 10/8/2018 07:30

Seems like a reasonably fair effort...would they have the ability to swap at any time or only at maturity?

[daddy warbucks] 10/8/2018 07:20

A fairly decent rns this morning. Hopefully puts to bed the directors loan for 12 months and possibly will put a floor under the share price near to 10p.Anyone any thoughts?

[yogaboy] 08/8/2018 22:05

timmo I can always buy back in on the retrace ;)

[kingkongtimmo] 08/8/2018 20:21

You may not be alone on that yogaboy not but on that news being transmitted to the market there will be a lot more investors wanting IN over wanting OUT. A new breed of investor will be attracted, as well as even more IIs interest. Theyll start building positions from that point onwards, less risk and less reward sure but each to there own.

[yogaboy] 08/8/2018 14:38

The incremental stop loss is a tricky one in the case of a share anticipating a share price tansformation. For example, how many stops would have been triggered by the recent 2p drop, despite holders still waiting for the same news? But I follow the same basic principle as you Dontay, having seen gains that I could have taken wither away in the past.

If (of course I mean when) the transformation arrives, moving the stop means that you think there is still reason to hold. I think my strategy for responding to a transformational leap in this case (+600% in my example) would be "sell all at market". Why continue to hold unless you want to see the project all the way through to... dividends? Take the money and run as fast as you can.

I suspect that I'm not alone, so the share price on the day that the news lands will be an interesting ride.

[cl0ckw0rk0range] 08/8/2018 14:27

Added another 100K. It's close.

[dontay] 08/8/2018 14:09

Of course anything could happen. But I'm expecting nothing to be agreed until all items on the agenda are agreed because each item has an effect and is an important segment of the whole cake. I'm also expecting that if full agreement of the items on the workshop agenda is arrived at, then it will be a forgone conclusion that the signing of the potential partnership contracts in whatever percentages, terms and conditions they have agreed on... will be a forgone conclusion... because they will have already proved they are in partnership on the way forward... and are singing from the same hymn sheet! I always have an exit strategy. Shares are for selling as well as buying and I make use of a trailing stop-loss. My exit strategy on this stock, if all goes well and they do get to that stage depends on the initial share price rise. If say the share price trebles in value from the current level I would move my stop loss to a point that's double the value of the current level to lock in my profit in case of a severe pull back. If there is not much of a rise I would simply hold for the future as I do now... and see what happens

[splatted] 08/8/2018 13:37

I am happy to get splatted, but probably alot of workshop discussions, jockying and brown envelopes first ;-)