Neo Energy Metals Share Discussion Threads

[polythene] 09/9/2009 10:12

Woozle1,

I think the reference to Boston being a particularly Irish City is appropriate, but what's with the IRA reference? It reads as if Desmond has contacts with Irish American IRA sympathisers. Ted Kennedy was the best example of Irish American influence in the city of Boston, nothing to do with the IRA.

[monosodiumg3] 09/9/2009 09:53

Payapl vs Neovia : Neovia any day because its cheaper and safer. I use paypal if that's the one and only option. I doubt I'm the only one. Paypal have scale but they also have a terrible reputation among merchants and users. Paypal is for bottomfeeding. No gaming company could survive offering just paypal. Neovia and Paypal have overlapping but far from identical product slates.

[25cent] 09/9/2009 09:14

Good points , anyway going in the right direction today so far.

[woozle1] 09/9/2009 09:04

This is my investment thesis. Dermot Desmond is a very well connected Irishman and will no doubt have excellent contacts in the Irish Boston community (don't forget that this is part of the world that had strong sympathies with the IRA). And that Barney Franks, the senator who is sponsoring one of the legalising bills coincidentally represents Boston. So, I think that Desmond is in this for very good reasons.

Having managed my own hedge funds and knowing plenty of people in the industry, this is a classic trade: very limited downside due to high cash levels and underlying profitability and fantastic upside.

And Neteller will be allowed back in as they have no residual liability problems. I agree that Neteller will have a smaller part of the pie because of new competition from the likes of Paypal but in all likelihood the company will be bought by a bank.

Unless you are a bank or an established payment operator, this is a difficult market to crack because the encumbents have plenty of scale and established brand names. Also don't forget, not many operators have e-wallets that enable players to move between tables and casinos in different jurisdictions.

It's interesting that Party and Neteller have all settled when smaller like operators like 888 have not.

This is a 1-2 years trade and the stock may get cheaper but I think this works out.
W

[25cent] 09/9/2009 08:46

Really interesting concept you have.
Do I understand you when you say that not only the online gaming is allowed back in the USA but then Netteller in a LEGAL environment then beats the hundreds of US online payment companies including PayPal to the feeding pot?

So you believe that the highly aggressive takeover vulture hedge fund "QVT" has bought 12% of NEO to just sit and wait and pray for all their past business to come rolling back in on any reversals of the gaming act? LOL

How many years are they going to wait for that then?

Do a little research on the hedge fund QVT and you may change your mind.

BTW desmond was in this before the US gaming act so i dont understand your comment
"I think that QVT are in this for the same reasons that Desmond and we are. Namely, a free option on the liberalisation of the US online gaming laws sometime in 2010."

I for one am certainly not in for those reasons,I don't believe for one nanosecond that NEO would gain any sizable business from the USA gaming act reversal, and that is years off anyway if at all.
Why would anyone go to NEO when you could have household name Paypal looking after your online cash?

[woozle1] 09/9/2009 08:35

QVT have nothing to do with Desmond and in any case there are pretty strict concert party rules. If anything, QVT will be in this to make Desmond pony up more and stop him taking the company on the cheap. And I've seen QVT make some sensational screw ups. I think you're seeing conspiracy where there is none.

I think that QVT are in this for the same reasons that Desmond and we are. Namely, a free option on the liberalisation of the US online gaming laws sometime in 2010.
W

[25cent] 08/9/2009 20:08

Desmond and the US hedge fund QVT Financial already have circa 40% holding between them.
QVT declared the 12% holding in June this year
Lets just say hypothetically that the hedge fund is buying on Desmonds behalf knowing that they will get 75p for any shares they buy under that amount.
QVT would need only 11% more to effectly give desmond control of NEO.

I would not be surprise to see a RNS saying QVT have increased this stake anyday soon.

Even if they dont they just need to buy another 11% to give control of NEO to Desmond.
I think that would be easy at 75p, granted gaining the compulsory purchase amount of 90% may be harder to get at 75p.

[woozle1] 08/9/2009 19:57

I'm not so convinced that Desmond will be able to take this that cheap. UBS, Templeton, Standard Life and Fidelity all have over 5% each and all own at much higher levels. This stock is dirt cheap and will not stay so for much longer. I only 100k shares but I think they will be worth shed loads within 24 months.

W

[snowman10] 08/9/2009 17:11

I AGREE.

I think tigers knows whats coming he bought loads last week at 52p and has been bottom fishing 49/52p for a few weeks now.
With almost 450k in these he must be fairly sure. Even by his numbers half a million in 1 company is fair bucks for a private investor.

Lets see eh!

Snow

[25cent] 08/9/2009 16:06

Another 1.4 million delayed buy tucked away by someone, anyone selling this at below 75p is being conned.

[25cent] 06/9/2009 11:22

Every trick is being used to depress the share price prior to the bid by Desmond this includes organized orchestrated shorting at the start of the year.
Constant bad news RNS from the alluding to be independent board and even now apparently errors in trading updates.
That tiny error was effectively meaningless unless you make something of it by accidently (cough) getting 2% error on a inarticulate figure and then make a big deal out of it by issuing a RNS to further depress the price.
Meanwhile in the background someone (sic) is still picking up all the consistent sells all day everyday.
I don't think its long before the trap shuts on NEO at 75P with surprise surprise full board backing..

[kooba] 05/9/2009 13:59

gamble of the week in money week magazine 4th sept.

[snowman10] 04/9/2009 18:12

Too late for tiger he bought 100k this morning. Holds 725k now( by my adding up). Must fancy it

[25cent] 04/9/2009 17:59

Any one care to comment on today's RNS?
LOL

[25cent] 30/8/2009 19:00

Yet another information packed post about NEO from our alto ego poster Apex.
I wonder Apex do you think you will post another 20 messages without even mentioning NEO in any of them on this thread them like your last 20 intelligent offerings??

Guidfar read my posts over the last year.
Desmond is going to have to rescue his investment by taking the company over.
That's the reason behind the massive short position to depress the share in earlier this year the reason why no dividend was paid and the reason why the board have been stopped from spending the cash on any more takeovers all of a sudden as soon as his two men got on the board.

I know this management is appalling and I know the kpi's are all showing year on year declines.
I don't live in cloud cuckoo land and I am not the one saying that Neo is like a new science or a fantastic turnaround story or recovery stock .
It clearly is not, its a truly horrendously horrid run clueless company in obvious decline.
However what I have learnt over the years though is that there is more than one way to skin a cat on the stock market.

I personally welcome more bad more news, more falling sales,more fallings margin accross the board more hard luck stories and yet more writedowns and more loss at NEO.
This will only speed up the undisputable end destiny of neo being taken over.

When that day does come I have feeling that some people will disappear from this thread never to be seen again, hey apex aka Restassured.

[aspex] 28/8/2009 23:05

You can't sell the sizzle if you ain't got the steak

[guidfarr] 28/8/2009 19:11

why didn't u sell on the 25% jump 25cent?

[25cent] 28/8/2009 18:00

Without any takeover news to back the up the rumor that sent the share up 27% it just falls back down to the value of what it is without Desmonds bid story.
And that is a underwhelming underperforming company with poor management in decline across all its KPI figures.

At the risk of repeating myself this share has only got one chance, and that certainly does not involve this management.

[snowman10] 26/8/2009 15:31

All filtered

[25cent] 26/8/2009 09:54

Really Rest,
So remind me again what your opinion of the company is and what figures and profits you expect in the next results.
Talk to me about the new teller platform or the even just tell me how you expect the company to stop the decline in all its KPI.

You have filled this thread over the last year with posts about how great the company is and how great its doing and how wonderful the NEO board is.
You have been comprehensively and undisputable wrong as can be seen by the company RNS.

Why you find the concept of Desmond rescuing his investment such a hard notion to grasp show what a complete total lack of understanding you have about neo and its awful trading over the last years.
Why do you think he put 2 people on the board why did you think he blocked the takeover of another loss making company last year.
Why do you think no dividend was paid just months after the company promised one as soon as Desmonds men joined the board it got canned?

I don't expect everyone to agree with me but at least put forward an alternate scenario for neo's future instead of your mindless pathetic childish posts.

[dalekdale] 26/8/2009 09:41

Ref post 717 LMFOA.
why do you bother with this idiot cent?
Its obvious that its another stupid alias of restassured.

[restassured] 26/8/2009 09:40

The only horrendous thing is listening to that poisonous worm that seeps hate on every thread he pollutes.

Climb back under the rock your crawled out of!

ps With the amount of time you have to post on multiple threads,you clearly aren't making money!!

Oi Oi

[25cent] 26/8/2009 09:36

Somehow I find it somewhat peculiar that time and time again the people that never actually mention the company in their posts have the guile to attack the people that actually do have an opinion.

APEX do you come on this thread to actually say something about the company its trading or even the sector in general.
No you dont do you?
Your posts never mention anything like that do they?
Why is that?
Is it because deep down you know full well that you have not got a clue what on earth your talking about?

[aspex] 26/8/2009 09:05

As I said,
Happy days.
Case proven.