Zenith Energy Share Discussion Threads

[duncandisorderly] 18/7/2012 16:30

Pj,if it gets to that I'll be close to b/e.

[pjj71] 18/7/2012 16:11

i hope so dunc!! would be nice to start to recoup some losses in this name back!! 500p by xmas would be nice

[duncandisorderly] 18/7/2012 12:06

I don't know why but I can't help feeling things may just gradually start to get better day by day.
I have no basis for this,just purely a gut instinct.

[idontpost] 18/7/2012 08:54

As you can see, with only 69mill shares in issue, doesn't take much to get the great zen beast moving. And now its at 3p and cash is 6.5p, with new direction for the cash shell yet to be announced.

Could well get exciting soon.

[duncandisorderly] 18/7/2012 08:46

Sorry guys this should be on the aat site,lol.Another top pick of mine.

[idontpost] 17/7/2012 16:49

Summer in the uk - does that happen?

But assuming he means end of the traditional uk summer, which I would term endof the school holidays or late august/ early September, then I expect the are well down the road and know what they want to do.

It looks to me with zen they had a strategy, including giving an element of their portfolio time to perform. It didn't so they dumped and moved on. And if that is the case then at least they have demonstrated an ability to know when they had to cut and run.

I don't believe they will be holding back now, and suspect , when they explain their new strategy, it will have some punch. They have some big investors on board here and they will not want a small return. They need major multiples and quickly to restore faith in the stock. This is what they will seek to do.

They have probably been planning this for some time, in case they needed a contingency should the old business sales drive not generate a return.

And right now we sit here at 42% of cash at bank, waiting for the news on next step. It is a comfortable level to take an investment and see what emerges.

[idontpost] 17/7/2012 09:19

Possibly unfair Duncan. I tend to look forwards rather than back but Cleaver invested around £100k at 12p average. He also had the good sense to call an end to trading business before the cash ran out and there were no options.

Now with cash at 6.5p per share, tax loss, possible royalties and clean shell status this is lining itself nicely for a serious recovery.

[duncandisorderly] 17/7/2012 08:48

lol,Well I'm sure if there is a way to stuff it up Cleaver will find it.

[loverat] 17/7/2012 08:45

Indeed - it says something about a management when the market discounts 50% at cash.

duncan - not had time to look at this yet. Is there anything in the mix apart from the cash? If not,I guess perhaps that is a positive and one less thing they can stuff up.

[duncandisorderly] 17/7/2012 08:42

I just hope that Cleaver does a better job with this new venture they supposedly have,"lined up"as he has been far from impressive so far.In actual fact I don't know what the hell we've been paying him to do to date.
We know they will have about 4 mil in cash and yet the company is valued under 2 mil which has to be a reflection on the management who so far have been more than useless.

[idontpost] 17/7/2012 08:17

Duncan I never ignore anyone to be honest, always useful to hear a person's thoughts.

I can honestly say that the majority of the money I have made in my life comes from scenarios where somebody considers me to be a fool.

I expect this will return between 5x and 10x my original investment at 3p. But of course the negative comments from some will continue all the way up. And of course I accept things may not work out as planned. They usually do however.

[idontpost] 17/7/2012 07:40

Oh yawn mellyman, just chill a little - you might make some progress if you accepted other people have different views to you. Anyway what's all the bashing of everyone about, not very nice personality trait.

[mellifluous] 16/7/2012 23:34

Laughable analysis idontpost (youprobablydontpostcosyoudonthaveaclue)

There are so many zombie companies on AIM right now they all want to be 'shells' or is that 'shills' ?

As Simon Cawkwell aka Evil Knieval observed recently 'the shell game is over'

[idontpost] 16/7/2012 22:48

I believe that is what is at the essence of the debate here. Just what can they do?

In my case I have scooped up a million shares that 5 years ago of course would have cost a princely sum of £3mill. But now £28k.

The old company has gone, they are now, or very soon will be, a clean shell. I believe the options for a clean shell are tremendous in this market. I don't think people will have to wait an age to find out what will happen.

The markets are dire, this share among the dire stocks, but I think not for much longer.

Time will tell if I am right.

[stegrego] 16/7/2012 22:38

The company has managed to burn through about 100 million quid and produce sweet FA with that, so why should people have any faith they can do something with 4 million?

You will do well to find a better destroyer of wealth than this company.

100 million in = 250,000 out + spare change.

Bloody genii.

[duncandisorderly] 16/7/2012 17:05

Well I hope that Cleaver comes up with something.Off course the total fall in share price can not be down to him but he has certainly not helped either and has been paid handsomely with f/a results and has lost one whole lot of money.I will see what they have lined up before I do anymore.

[idontpost] 16/7/2012 15:59

Duncan I totally agree it's miserable in the uk and we are considering a move.

The penny punters on cr will not doubt be selling their 25ks and good bye to them. They will not be interested in the concept of a company now on the verge of doing something of value.

I am happy to see the share sold as have been buying for a while and will be increasing my position. But there you are. Each to their own. Cash 6.5p per share, Market price 2.75p .... Royalties and new business opportunities thrown in.

[duncandisorderly] 16/7/2012 15:34

I'd have some distance to travel mate as I'm in sunny Portugal.I have to wait for the next time to see the bod.I couldn't stick the bloody weather any more.

[bobby.ifa] 16/7/2012 15:30

How did the agm go anyone? Duncan, were you arrested?