Zenith Energy Share Discussion Threads

[duncandisorderly] 16/7/2012 10:09

Only a matter of time before we see a tick up or two today.

[idontpost] 16/7/2012 09:17

Any other attractive cash shells anyone aware of like zen? Am looking for clean shells, not complicated businesses. A good slug of cash helps but not essential. Quite frankly clean shells don't come around too often, and clean shells as under priced as zen are very rare.

[idontpost] 16/7/2012 08:57

Yes I know nutty isn't it, putting £30,000 into a cash shell with a crumpled share price

[christianf12] 16/7/2012 08:53

So you have 1.5% of the company, yeah ok.

[duncandisorderly] 16/7/2012 08:52

As a shell company no,but who knows what they have got lined up to purchase.Might it be the next,"big thing."lol...!

[idontpost] 16/7/2012 08:49

Duncan,

Very much doubt it. But have one mill shares here, at 3p, so 20x would be £600k which would be just about acceptable lol.

All things are possible with good shells though, even though I still think 20x would be unlikely.

[duncandisorderly] 16/7/2012 08:47

It all helps and and I personally hope you make a minimum of 20 times your investment.

[idontpost] 16/7/2012 08:41

Well it doesn't take much to get all you cr guys/gals excited does it? If only you bought some shares instead of whooping it up every time somebody else does...

[christianf12] 16/7/2012 08:39

Last of the big spenders.

[idontpost] 16/7/2012 08:37

Duncan, I believe there is a very good prospect of a surprisingly positive return from these levels. So I shall buy another 25k shortly at 3.2p and that will give the traders some more excitement.

[duncandisorderly] 16/7/2012 08:30

It's as they say a ,"non brainer".Unfortunately,I have no more money as Zenergy had nicely managed to take that previously.Hopefully it will pay me back one day plus interest.

[idontpost] 16/7/2012 08:27

I see there is speculation this morning that zen may return it's 6.5p per share cash pile to shareholders.

Well that would be ideal for the traders who would like to see a quick double your money scenario.

But the main potential return is using this cash shell effectively or. New strategic asset. Then the return may take weeks or months rather than days, but the possibilities will be far greater.

In the interim the traders whoop up and down on every trade. Quite funny and I presume it's because despite all the talk about zen on the cr thread today, not one single buy has gone through.

I shall buy a few shares shortly just to keep their spirits up......

[idontpost] 15/7/2012 15:09

Yes, a little shocking to say the least. But at average ctax level of 25% that loss could be worth up to £12.5mill to the right business. I say "up to" because tax loss value can be difficult to apply, so I would not assume any more than 50% of that value to be honest. Others would perhaps argue even less.

But of more value is the clean shell with cash, especially with all the indemnities re asset disposals ended next week.

[a.fewbob] 15/7/2012 14:47

Tax loss of £50 million!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It is hard to beleive the previous mangers were not stealing shareholder money one way or another.

AIM has become a disgrace.

[idontpost] 15/7/2012 14:42

I think the weighting of buy sell volume is indicative of a moderately illiquid stock in a net demand situation.

They are converting into a cash shell next week, assuming the resolutions go through, which they likely will.

The company has openly been considering alternatives since April 2012 AGM news announcement, so three months down the line there is a possibility that things are already lining up and awaiting shareholder approval tomorrow.

The CEO has put in around £100,000 at an average price of 12p at a guess. He will no doubt want his money back.

With cash of 6.5p per share, a tax loss of £50mill and a couple of royalty streams in the future that may kick in, I suspect this is one of the better aim shells. I think he will get his money back and at 3p per share am a keen buyer.

[duncandisorderly] 13/7/2012 12:13

If you can sell 3 times more than you can buy I would of thought they have a buyer lined up.
Towards the end of the day will tell a story.

[lovaine] 13/7/2012 10:44

idontpost could change his recently acquired avatar to "idopumpido".

[duncandisorderly] 13/7/2012 08:22

I've got a feeling there will be a lot og buying at some stage today.Even at 4p this would be 2/3rd's cash value.I think there has been a fair bit of manipulation to get it down this low

[duncandisorderly] 12/7/2012 15:25

Lol.you will have to rob the casino for that return mate

[pjj71] 12/7/2012 14:56

good point - how bout the green 0?? that would be a 36x payout of4m which would get us back to where this pile of shi*e started..

[christianf12] 12/7/2012 11:27

Not red surely? We have seen nothing but red for years, black?