Principle Cap. Share Discussion Threads

[mike_f] 15/12/2009 15:26

Should be easily achievable... no resistance on the way up from what i can see... GLA

[chrisdgb] 15/12/2009 15:24

Well on the basis it was 33.5p before the distressed seller emerged, that is my short term target, nothing else changed..

[mike_f] 15/12/2009 15:22

Come on, 1 more 10k and we'll push north again... GLA

[mike_f] 15/12/2009 15:16

That's the main reason i got in, been watching this for a while when i saw the drop i had to take the plunge... very undervalued at current share price just over £3mill market cap!¬

[fo77y] 15/12/2009 15:13

Can't see why it has been marked down so much in the last few weeks, certainly looks overdone. Hope for a retrace back upto 30pish, would be nice.

[mike_f] 15/12/2009 15:10

Yes very little shares in issue and moves on little buying pressure... if the volumes pick up we could have a very good day here! GLA

[fo77y] 15/12/2009 15:08

Just picked up s speculative few, couldn't get many as it had a very low buy limit on....sometimes means that a few buys will move it up..... there you go, ticked up just as i'm typing this lol

[mike_f] 15/12/2009 14:45

Just a few buys will get us going here :) GLA

[mike_f] 15/12/2009 14:40

Spread really tightened up here! Could be ready for a push... GLA

[qwazi] 15/12/2009 14:39

There you go :)

[mike_f] 15/12/2009 13:16

Would like to see a little more blue today GLA

[mike_f] 14/12/2009 16:57

qwazi, nice post... very good summary, hopefully a few will cotton on here and see the potential... should be touching the 30's IMHO. GLA

[mike_f] 14/12/2009 13:49

D1 Oils shareholder Principle Capital will refuse to support any plans to raise further equity capital until the company stops 'fruitless spending'.


Principle says its funds have incurred substantial losses on their 18m investment in the biodiesel company.

With 27.55% of the issued share capital, it says it has the ability to block all special resolutions of the company and intends to do so until the board agress to discuss its requests.

These are that D1 ceases all but essential cash expenditure immediately and begins talks for the acquisition of Principle Energy Limited and an associated fundraising.

Principle is resolved 'to fulfil its duties to its underlying investors by ensuring that what it considers to be fruitless expenditure is halted'.


Story provided by Business Financial Newswire

[mike_f] 14/12/2009 13:40

Buys on PLUS this morning...

14/12/2009 09:01:47 17.00 10,000 O 1,700.00
14/12/2009 08:12:07 17.00 30,000 O 5,100.00
14/12/2009 08:08:54 16.50 30,000 O 4,950.00

Should be easily over 20p, just a couple more buys will tick us up... GLA

[mike_f] 14/12/2009 10:21

Buys still coming through... hoping for a good finish today... llok at last results... undervalued currently! GLA

[mike_f] 14/12/2009 09:05

chrisdgb, welcome aboard and good luck... can only see some very good upside from here and with just a few buys we are in the blue this morning... if the buying pressure continues we will continue to rise... GLA

[chrisdgb] 14/12/2009 08:58

I have been put onto this share so dipped my toe small this morning and will look to build on newsflow....

Does look incredibly cheaP..

[mike_f] 11/12/2009 11:39

It does look very cheap at curretn market cap IMHO. The company is performing ok in this current climate and i cant see why we couldnt get a good bounce here, fall seems way overdone! GLA

[loverat] 10/12/2009 11:25

Thanks guys. Not an easy company to research. Seems they like to move this up or down in 50% increments.

[mike_f] 10/12/2009 10:48

Keep an eye, dropped on no news, undervalued at this sp! gla

[mike_f] 09/12/2009 20:00

Still not bounced expect to see it soon... fallen way too far, very undervalued at current share price .. spread tightened today! Stock very tight moves well on little volume GLA

[mike_f] 08/12/2009 11:34

They are definately owned by PCX yes... i can't believe the share price is still at these levels... way too cheap and way oversold... should see a good bounce here IMHO. GLA