Share Name Share Symbol Market Type Share ISIN Share Description
Stratex LSE:STI London Ordinary Share GB00B0T29327 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.625p 0.35p 0.85p - - - 0 07:37:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.6 -0.5 - 2.92

Stratex Share Discussion Threads

Showing 34776 to 34795 of 34800 messages
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DateSubjectAuthorDiscuss
17/1/2018
23:01
SK's prediction will be spot on here when PG and the remaining institutions dump their shares.
5huu
17/1/2018
21:26
basically they don’t give a toss about shareholders and have no idea how to run a business. The share price says it all. Juju - you are being polite calling this lot gangsters!
jimbowen30
17/1/2018
17:36
He owes nothing, as a private company TSR need ultimately to bear in mind their main shareholder, Thani as their first concern. How do you think Thani feel about TSR continuing a merger, on the estimated valuations as had been proposed, once it discovered that Stratex had actually spent 4.5 million pounds with no clear explanation of where that money has gone. TSR have done nothing wrong whatsoever, they tried to go for a fair deal as set out in the documents they distributed but Stratex just wasn't interested. All blame is firmly with Marcus Engelbrecht, Bob Foster, the idiots at Stratex and Hannam & Partners. All here would be wise to now write off their investment without a wholesale wipe out of the current board - from the look of the share price shareholders have already made their minds up about the chances of this board ever doing the right thing.
romeike
17/1/2018
17:27
I don't necessarily have the faith in Mr Hall that you subscribe. From what I see, he marched shareholders up the hill and then disappeared. He owed/owes them an explanation of their side of the story
steve1905
17/1/2018
16:12
Looks like its all over here now. Talk about gangsters
juju44
17/1/2018
15:21
Makes you wonder how low this has to go before the company makes a statement. The fact is the directors are too busy watching "Homes under the Hammer" to notice what is happening on AIM never mind coming up with a turnaround plan that will satisfy shareholders fed up with this bunch of grasping losers. As other posters have indicated, without a drastic overhaul of the top team, fair value here is certainly no more than 0.25p.
romeike
16/1/2018
11:27
If Bob is back yet from his extended Christmas break in Canada perhaps he could explain to shareholders why Goldstone, described last year by Claire as "not meeting their minimum standards as a viable investment", is now worth three times more than Stratex and yet is operating at a small fraction of the costs. Not sure how the directors have the gall to turn up to work each day given the failure here. Although I suspect we all realise that the most likely truth is that they simply don't turn up. I am led to understand that at least one board member is fully able to perform all of his duties from home, a reassuring thought for shareholders hoping for a turn around here.
romeike
15/1/2018
10:09
@Glib We need a new direction and fresh blood with ideas and drive to take us forward. This was available on terms favourable to a weakened Stratex post GM and the board, including 'Altintepe' Bob rejected it out of hand without even meeting to discuss with TSR at even the most basic level. I believe Bob and co have personal issues with the team at TSR and have chosen to put their egos before their shareholders. What they don't like to hear is that TSR is a successful explorer, whereas Stratex is a failing company that denies that it is in crisis, despite the total devastation of its balance sheet over the last few years, and it outright refuses to cut costs that it can no longer afford. Despite calling itself an explorer/producer my understanding is that Stratex has not carried out any direct exploration in many years, with this 'core' activity put out to 'pay as you go' external 'project brokers' at great cost to shareholders - with many dozens of projects considered by the team in this manner and yet nothing to show for it despite huge amounts of cash spent. Their strategy is bad and Bob is a stubborn old fool who refuses to admit he is wrong. If you want exposure to gold and gold exploration - invest in a real gold explorer - not a 'lifestyle company' for a few useless old men.
romeike
15/1/2018
10:08
Change will be forced on the company purely because they have run out of goodwill, so no more CR's, and because they are badly run, they will run out of cash to pay everyone. They either make a radical change to improve things, including changes at the top, or they will vanish.
shoggoth
14/1/2018
19:25
romeike - not sure I subscribe to your analysis. We have a share price which barely reflects a fire sale value of the stake in Thani Stratex, never mind the other interests and cash reserves. My prediction for 2018? We will either see a rejuvenated company with a fresh CEO and a new eye catching project, or (noting the presence of a significant stake building activist shareholder) a takeover bid at 1.5p to 1.75p. The depleted cash pile has simply brought forward the fork in the road and trimmed the acquisition price. Claire for CEO. Best idea you've had yet, although you may have called it a little too early.
aircomm
14/1/2018
18:31
From the last RNS, there will hopefully be a Business Plan published in Q1 along with announcement of a new CEO. We had £2m cash at 20th Dec and £0.89 to be repaid by Crusader by 9th May. I'm guessing their IPO will pay for that which should be within 2 months - they have also just had a $3.3m placing so funds should be available. Not sure at what point the company will be deemed to have turned the corner though. It appears that existing projects are not going to be cash generative any time soon, which would suggest an acquisition is required. As that would require spending money, current shareholder sentiment appears to be against this, so whoever takes over is going to have their work cut out. If the company strategy is to continue with their previous approach of identifying and selling resources, the market does not appear to be eager to snap up these projects. It would also require longer term investment, potentially draining our existing capital which could result in future placings. Hopefully we have news soon so there is at least stability in the share. We need a new direction and fresh blood with ideas and drive to take us forward.
glibgibon
12/1/2018
20:21
Lock them up. Lock them up
juju44
12/1/2018
20:00
It sure is a lesson learned. I realised too late too that the relation between the Stratex CEO and Hannam Partners is open to potential fraud through excessive billing or other dodgies. Too bad the (interim) results never break down their admin costs.
novicetrade68
12/1/2018
15:32
Which is where they ought to be now
juju44
12/1/2018
15:29
@laptop no advice intended but it is clear to most I think that currently the bottom is total wipe out, as in be seriously prepared to lose all of your investment. Without a drastic clear out of the no-hoper dead wood, the inability to raise funds means that insolvency is inevitable. Expect to see them flog their TSR stake cheap and the loan repayment returned to keep the circus rolling but given the frankly absurd levels of salary and fees these guys are skimming each month we are talking a few years at most, by which point most of the directors will be either dead or in a care home. I wouldn't even be surprised if they make Claire the CEO. Might as well burn your cash instead, more chance of a return.
romeike
12/1/2018
15:06
Might buy more at 0.50p and take a gamble
laptop15
12/1/2018
14:05
Bob and the lads will need the rest of that cash for performance bonuses
juju44
12/1/2018
14:01
I'd say a £1m market cap or 0.25p was reasonable. About right for something akin to a cash shell with £2m cash a month ago, poor quality assets, and liabilities draining that cash away from it in the interim. Dilution of capital or assets likely IF this does not go under.
sicilian_kan
12/1/2018
12:36
Were is the bottom here guys?? Getting very low now
laptop15
11/1/2018
21:10
Yes, I agree, stupid in hindsight...
novicetrade68
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