Parallel Media Share Discussion Threads

[loverat] 25/9/2015 05:48

'You should come to my house with KN for some investing basics instruction'...

Thanks for the offer. However, I refer to my point about ulterior motives etc. During my schooldays I received a similar invitation from a teacher which did not end well and has resulted in nightmares ever since. The 1980s have a lot to answer for.

So, its a no I'm afraid.

[loverat] 25/9/2015 05:30

There have been quite a few big risers lately. All sorts of stocks - including rubbish. You could have made 1000% on AFPO recently

That's the way it has always been and the key to making money on AIM is usually good or fortunate timing rather than being too selective over stocks - and to sell after a good rise.

I am doing O.K thanks. On the negative side - more missed opportunities recently than disasters. Disasters are averted by not gambling too much on one stock.

Have had one or two nice risers to offset paper losses on others I am holding which should recover at some point. If I make a bit, then great if not no big deal. For me, this has never been some grand plan to get rich. Not worth getting stressed piling large amounts of money in stocks and croaking it at or before retirment age.

I guess that's why I am able to maintain my standards and say it how it is. Most of the posters who are driven solely by money are either of the pump and dump variety or spend their lives trashing stocks trying to influence the behavior of others for their own benefit. There are some posters who are on here doing it 24 x 7 and you can detect the desperation.

Can't be bothered getting it to that but will always criticise this behaviour where I see it. Not setting a good example for newbie investors/traders imo. People should stick to discussing shares rather than using this forum as a means to manipulate events - or as a competition to outdo others.

All the best.

[britishb] 24/9/2015 18:38

From my lowest buy to my highest sell I made a c.300% return on STY, Loverat. Some bought and sold at less favourable prices but not bad for a few weeks I think. I've clearly played STY about as perfectly as possible. As I said years ago it was a dead duck until refi and better trading. You should come to my house with KN for some investing basics instruction...

Portfolio at an all time high today. Nice. Hope you're surviving with your last few pennies...

[loverat] 24/9/2015 18:21

Well, I guess it is him giving something back to society.

He is probably retired and has made millions on premium bonds and STY after years of slagging the company off. He obviously wants his wisdom to rub off on folk here.

The lesson is any stock he slags off usually multibags. Mind you - perhaps if he was just honest and gave us his share price targets we could all buy at the bottom and sell at the top.

[mister md] 23/9/2015 12:48

Hi DD - my most recent trade was selling 30k shares at 12p, they were ones I picked up a few months ago at approx 13p when it had a huge intraday dip, I think the price ended flat on that purchase day. Was surprised to see a few other larger sells lately, wonder who those belonged to ?

Its (unfortunately?) still in my top 10 holdings as a gamble, luckily my other shares are more sensible ones paying solid dividends ! I rarely invest in AIM listed stuff anymore.

[dusseldorf] 23/9/2015 10:50

Mister MD - I picked up a few PAA over the past couple of months whilst we languish in the doldrums (good money after bad bb would say), do you still maintain your original holding from e.g. 2 years ago? or have you sold down/bought more?

My b/e is down to 50p (ish) now...

[mister md] 22/9/2015 09:35

If I were a millionaire (like britishb) I don't think I'd be spending my time ranting on advfn messsageboards ...

[knigel] 21/9/2015 21:59

...now go back to your usual dormant state and return when there is actually news here - probably on 30th September... as you tend not to post for weeks and when you do IT'S ALWAYS ON PAA!!!

[knigel] 21/9/2015 21:57

If you mean JQW I am an ex-shareholder - there was significant news today - and I made a couple of posts.. I definitely would not post on a share again and again and again if I had NO intention of ever investing there..
BTW how on earth would you demonstrate you made millions on shares?
You would have to a) state who you are b) give me an email address c) email proof etc.. LOL !!!! (BTW since a fair portion of my wealth is tied up in my SIPPs until I reach 56 at the very earliest - come back in a decade and maybe I will then take you up on your offer) I actually don't give a hoot about money - hence my high risk attitude - HEALTH AND FAMILY are far far more important - money is a tool and can carry as much stress as having virtually zlitch as I have been in both positions...

[knigel] 21/9/2015 20:36

I try to be polite and open and reasonable and all I get back is the F word.. made millions? I DO NOT BELIEVE YOU... as for posting tripe all over the boards - at least I tend to post on shares I own instead of trolling for the low priced AIM shares to trash - any idiot could do that!

[kate dumpston] 21/9/2015 19:58

I remember buying STY shares a while back. I bought after britishb was slagging the stock off and droning on about the preferance shares.

He is usually a good contrary indicator.

[knigel] 21/9/2015 19:37

Well we both did very well with STY then... yes I have been in some dogs but the odd success (MAC recently) have probably meant I have broken even over the years gl

[britishb] 21/9/2015 19:35

And yes, KN...for years I slated STY as an investment proposition, but always said it had multibagger potential if trading picked up and the prefs weren't such a giant overhang. I've followed it like a hawk and that was why I was so quick off the mark and bought a shedload ahead of the pack. Yet again I called it 100% correctly, no?

PAA is simply nothing like STY. Unless DC leaves and there is a big fundraise and a whole new venture then it highly likely (95% IMO) to be a trainwreck.

You always were, and remain, a stupid shareholder IMVHO!

[knigel] 21/9/2015 19:28

BB in case you are reading this - you slanted STY for years and then had the nerve to invest there and bank profits!!!! Wonder if the same might (eventually) happen here? :-)

[britishb] 21/9/2015 16:34

As you well know KN I once owned PAA for about an hour - just in case there were enough stupid people around to buy them on some frothy statement. I made enough money for lunch as I recall - it's all on the thread. Luckily for me I have always had the brains to see that this has, for 15 years, been one of the worst co's on AIM. You have/had to be incredibly stupid to keep holding and keep losing. Incredibly stupid.

And yes my cheapest purchase of STY was 67p and lots more at not much more than that. A nice 288% riser on the cheapest ones. I always said they might multibag if a) trading picked up and/or b) they refinanced the prefs. They did both so it was a bit of a no-brainer at the time. I've made a complete barrowload on them. Thanks for asking.

[dusseldorf] 21/9/2015 16:32

britishb - My best guess is that we're keeping golf rights and we're keeping music. We're still £325k short of our original target for selling golf rights, so perhaps he's been more successful and there is more cash to come. I believe PCA owed PAA £300k (PCA has £300k cash on books).

Technically he could issue more shares, but I think Chris Mills Oryx would not be too happy about that at these levels and can block? he has a non-exec on the board and 28%+ of the equity ( Oryx is doing particularly well (no thanks to PAA), so money is no object for them if they need to dip again.

I'll see what is released around results before forming a true opinion of chances of recovery, I did state it was remote at present, but I know the way the price/equity liquidity is positioned means that any positive news could quickly re-rate...but revolve around no. shares in issue