Neo Energy Metals Share Discussion Threads

[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

[snowman10] 01/5/2009 09:12

Too compicated for me that.

will post my e mail at 12.00 and remove it at 12.05 uk time.

then you can e mail me.

21c
thanks for that. i was in a board meeting so missed it yesterday.
I agree that it has been a poor year, but thats why i buy. I am out as soon as the hope becomes factual.

best
snow

[guidfarr] 30/4/2009 23:44

snowman10 - you have msn? we could exchange thoughts off the board..

[25cent] 30/4/2009 19:11

Hi snow,
The results and the trading update are obviously underwhelming to say the least positively worrying to be more truthful.

At the conference today it was strongly hinted that
a/ They are about to buy someone out
b/ profits for the remainder of the year will fall
c/ They see more drop off in the European poker related income
d/ the newteller platform will cost 20 million $ and come on line in the 3rd quarter.They see no growth until then.
e/,Desmond vetoed the IDT purchase he did not understand the logic in tying up 15 million on a loss making business.
f/,They admitted that the two previous buys at circa 20 million have all been written off as lemons, but are hopeful for a turnaround with the far east one.
g/,They remained cash generative in Q1 but the total cash pile fell due to the rump of that gonging into the newteller platform.

Snow believe me the meeting was not upbeat at all, hence the sell off starting at the same time as the conference started.

The only positive that i can see is that like i said some weeks ago DD is now firmly in control of the purse strings and will not let this bunch of looser squander his and at the same time our cash on pathetic waste of money bolts on that simple do not bolt on.

I still see DD taking this out later this year and that's why he has stopped the divi from being paid.

But with results and future prospects laid out today i fully expect that this will touch new lows before that day.

The selling today was vicious and totally unrelenting, i expect to see that continue and the reason the shorter did not close his postion is cystal clear now.

I stick to my insider dealing claim and those results along with the completely unexplained delay in releasing the full year results, back this claim up.

Meanwhile whist NEO claim poker income is falling in Europe Party poker move up some more today and extend their recent run to over 100% in the last few weeks, the hardship must be bypassing them somehow?

This company as it stand today is in trouble, without the $75 milion, this would be trading in the single pence region.

to sum up
Neo is being run in a cozy American ex pats club fashion, with totally unacceptable KPI targets that even then never even got met.
The management is rank the board carefree with bonus payments to themselves at the same time as telling shareholders that they have to preserve cash.

it stink its a pile of poo and is totally not hungry for business like its competitors due to the clueless board just passing the days on waiting for the next bonus cheque to hit their US accounts.

They try and buy cashflow and turnover with ill thought out £20 million takeovers that get written off of the books a year or so later like can be seen in todays results.
It (NEO)hides in the isle of man to avoid paying the tax it should rightfully pay and that scrounger parasite outlook is mirrored on the board.


I just hope your info is better than that you had regarding the results and the idt purchase snow.