Neo Energy Metals Share Discussion Threads

[25cent] 23/5/2009 20:24

Well one of the many consistent dumpers of NEO shares since the horrendous bizarrely delayed results a few weeks back has HAD to declare the sales of 1 million shares due to it being 1% or more of the total of neo's equity.
Obviously it was and is Franklin who are selling and sold the million bit by bit at 43.5p
Franklin Templeton Investments have another 5 million left, it really is quite concerning for holders that Franklin Templeton Investments start to dump the shares after that update.
A unreserved vote of no confidence and well who can argue with them when you read the results and accounts?
Probably the final straw was the massive bonus paid out to the truly clueless board for running the company to ruin who then have the barefaced guile to say they will not paying a dividend that they promised only months earlier due to wanting to preserve cash??? really!!


I would imagine that with another 5 million left to sell this share will continue to underperform every single index, all its rivals and carry on its downward journey.
Then with a profits warning almost nailed on to take it lower, maybe the bid of circa 40p will probably come around Oct/Nov when the true extent of the horrendous management and performance of NEO reaches its climax.
The shareholders will have by then paid for the Newteller platform and guess who steps in when NEO is at its weakest reporting shocking falls in income/profits?
Mr Desmond take a bow.

This is a about as dodgy as they come, even on Aim.

[pandide] 23/5/2009 09:49

TraderM
Some software suppliers, notably RTG, have worked out payment processing methods that bypass the American financial system.

To find these casinos, I use a no-frills site:
There is a menu item "US Bonuses" which leads to a list of about 30 casinos.
You'll see Neteller mentioned on some.

[targatarga] 22/5/2009 14:50

perhaps the sellers have finished? i'll continue to hold regardless....

[tradermania] 21/5/2009 16:45

I remember the days when this was 1 billion.. All were harping on about investing in the next NLR. The truth was, it was a bubble which the US popped. I guess todays earnings are a truth reflection.

Does anyone know how US gamers now place bets as surely they just haven't stopped.

[polythene] 21/5/2009 11:06

£6.46 M =EPS 2.84p?

[restassured] 21/5/2009 10:44

Looking at recent broker estimates,the forecasts are



Pre tax profit of £6.46 million for 2009 and £10.7 million for 2010

with Eps of 0.67 and 4.71p

[snowman10] 16/5/2009 14:09

Who fancies the AGM?

[25cent] 15/5/2009 19:24

Thanks Guidfarr,
Large seller remains at 43.5p taking any order that appears on the bid side instantly, these are going nowhere!

[guidfarr] 14/5/2009 14:17

25cent -> 'I was looking forward to that!' - i heard from snowman and what he said is basically public info, wish him all the best but I'm not getting in at these price levels perhaps may take another look should it ever fall to 36's or under, if not i'll just let this 'opportunity' pass.

[stewjames] 13/5/2009 07:58

Ugly stuff. Commiserations.

[25cent] 12/5/2009 12:40

In what way has have everyone misunderstood them Snow?
btw what happened to that great piece of info on NEO that you promised to post on this thread?
I was looking forward to that!

Edit buyer and seller fighting it out at 43.5p.

[snowman10] 12/5/2009 10:55

read the report and the accounts things are much better than they look.

i am having a few more at this price.

snow

[targatarga] 08/5/2009 16:31

thankyou 25, no need to rub it in....

[25cent] 08/5/2009 16:22

I wonder what will happen to this when the market heads lower lol.

[25cent] 06/5/2009 13:52

Quite an achievement really to fall in one of the biggest stock market rally's ever!
And fall against the sector and every single market index.

I think its blatantly obvious to even the most bullish person on this thread that this is a real mess, although there does not seem to be any of them around these days.

Maybe after shouting me down, now having to suffer what i said come true in front of them is too mush to take.

The only escape left for shareholders now is a takeover by DD but before that it may well test the 20's whilst they make money shorting it down further.
WOOF! WOOF! what a waste of a once great company.

[dan1man] 06/5/2009 13:49

Yep, I'm glad I managed to (finally) get out of this sad excuse of a share.

In the absence of some major good news/rumour I can only see this drifting down and down.

To be honest, after that trading update, I'm not sure why its still above the recent low of 36p (or so)!

[25cent] 05/5/2009 14:48

Poor results, poor outlook, zero buying interest in this now, only one way this can go in the short term!

[25cent] 01/5/2009 13:03

Oh well.
Looks like this is ready for another plunge.

[25cent] 01/5/2009 12:21

Did you get anything Guidfarr?

[25cent] 01/5/2009 12:01

Where is this bloody post then snowman?

[guidfarr] 01/5/2009 10:52

hi snowman my e-mail is guidfarrAThotmail.com - if you could e-mail me we'll take it from there

[25cent] 01/5/2009 10:48

Snow, I am priming myself up for the 12 noon posting,cent loves surprises!

[davidlloyd] 01/5/2009 09:36

Agree results are poor. However, it is worth considering that this year gives every board the opportunity to 'empty the cupboard of all skeletons' without too much chance of fallout. I do think that if you are in for the long term, and you believe in the future of Neo, then not a bad time to top up. AIMHO of course.

DL