Neo Energy Metals Share Discussion Threads

[philjeans] 22/1/2009 15:08

Thanks stewjames; name one, with all the features I have enumerated above.

[polythene] 22/1/2009 15:07

Stewjames, That's if you have funds to buy more of course. Otherwise the take out price goes doen with the share price. Even a premium of 50% from here would be just about break even for me.

[stewjames] 22/1/2009 14:56

Why would they go lower?


Market conditions? There's examples of profitable companies out there trading *below* cash, and even further below net current assets, after all.

I wouldnt exactly be *concerned* about them going lower, though (even if I was already in!) - I'd be thinking "great, even cheaper"

[philjeans] 22/1/2009 14:52

Why would they go lower?

Highly profitable; niche high margin business ;expanding international footprint; no debt; m/c entirely covered by cash in the bank; billionaire just bought major stake; etc etc.


Higher, higher!

[targatarga] 22/1/2009 11:28

dave - remember seeing a rns not long ago regarding Jims reduced stake in neo. Now Desmonds got a few of his cronies on the board he's probably happy for now? I'm just concerned as to how low these can go. regards

[davebowler] 21/1/2009 13:56

Guys am I right in saying that Jim Mellon owns part of this, EServe Global (ESG), and Billing (BILL) and if so, can you see the connection?

[restassured] 20/1/2009 19:02

The shares are clearly being manipulated.My guess is by Desmond's outfit.Let's face it he managed to acquire just under 30% with the shares apparently going south.

Ireland is full of corruption,just look at their banks and former politicians.

[snowman10] 20/1/2009 18:25

Tiger has already been asked if he is willing to sell. He is just under the 3% mark.
Looks like all the big boys are being teed up.

Where and how is this link chaps will all the tips?
thanks in advance but want to add BILL.

Snow

[stewjames] 20/1/2009 16:43

Agreed. Actually, I think I need to look at this again. I eventually decided against it (preferred others rather than any particularly negative feeling) but the price has since fallen back and the exchange rate improved.

[philjeans] 20/1/2009 16:40

Maybe.

I find true value always wins through in the end though.

Buy and hold.

[stewjames] 20/1/2009 16:29

It's pretty hard suggesting tips. Every time I think I've found one, it's already on that list! I think I managed to squeeze Tanfield in there.

Anyway, 'twas just a reminder not to get carried away. The low price has persisted for a long time. It may persist for a lot longer yet.

[polythene] 20/1/2009 16:27

As share price drifts, the offer price will go down and down. The offer when it comes will be the only show in town. What price now?

[philjeans] 20/1/2009 16:19

Yes; I know. It's easy to knock others, isn't it stew?

Particularly when you're a little timid in suggesting tips.

;-)

[stewjames] 20/1/2009 16:15

I know. I was just being lazy and non-committal. :)

(TAIH is one I particularly like, though)

[philjeans] 20/1/2009 16:05

Yes - some good ideas there - you'll even see a few of my own.

[stewjames] 20/1/2009 15:52

Oh, I dunno phil, I can argue about anything. ;)

On this occasion I won't try. Though I will say I don't believe this is the best investment out there. (Look on rainmaker's value thread for plenty of examples of (IMO) equally good or better investments.)

[philjeans] 20/1/2009 15:33

True, true, but the facts are correct and you can't deny them, can you?

A classic market mismatch ; the fog of recession and credit mayhem will clear soon enough and good business models will shine through again!

Can you provide a better investment stewjames?

[stewjames] 20/1/2009 15:17

A condition which wont last long, I believe.

A belief which you've already had for a long time though, isn't it?

[philjeans] 20/1/2009 14:49

Probably - certainly an Irish link there! I think that's a good thing.

I just want the business to be recognised for what it is - highly cash generative, profitable and vastly under-valued.


A condition which wont last long, I believe.

[danwaits] 20/1/2009 14:44

Two Dermot Desmond apointees added to the board.

[kooba] 20/1/2009 12:55

we hold u$ cash we earn profits in $....convert back to £ should we not be a bit higher!!!

[philjeans] 20/1/2009 11:24

Trading statement due about now; will confirm m/c entirely covered by cash and that they had a very profitable 2008.

Prospects look superb - takeover probability in for nothing.

Storming bargain.

[targatarga] 19/1/2009 13:40

Desmonds probably eyeing up loads of financial stocks. ifp up strongly today