You probably know I do some dealing in this price range if they are
High Risk/High Gain.

I will look at Anything that anyone thinks Might have Potential for good
upside.

Help appreciated rgs aj

Neilpos above mentioned evs,teo,tig,sdk and ial

I am not interested in tig - but might be good.

Yahoo - at close today :-

evs = 3.38
teo = 3.88
sdk = .85
ial = 2.50

Perhaps all of us Penniers should have a look at them.
I will post info here.Perhaps others will too so we will get an overall
picture.rgds aj

Fortune Oil, FTO, looking better than ever now !

I bought a considerable sum of IAL several months ago at 3p and topped up with a load more at 2.48p on Friday. The risk with a company such as IAL is that it is on the brink of either falling totally or bouncing back to recovery. The former you stand to lose your investment (which is the risk that you take) or in the latter case you stand to make a healthy gain. I have took this risk based on the forecast of the company being cash flow positive next year, the desire and determination of it`s management and further recomendation from Shares. FTO has been looking positive for a while and has received glowing reports on other bulletin boards. You pay your money, you take a choice......

Hi dandu71.That is exactly what I did - I bought Corus at 8p when there was a
good chance it might have folded.My biggest regret is that I sold at 14 p -
after the countless hours I spent 7 days a week researching it.aj

Obviously you think Ial has great potential.I will look at it.

ajren,

I think you are mistaken about Fortune oil.

it is more than "an oil company", it imports oil into China, utilising FTO's own exclusive mooring facilities, and i don't agree that world terrorism threatens this at all, IMHO.

FTO looks to be sailing a steady course now, and I feel it will reward the patient investor.

AJ don`t beat yourself up about selling Corus at 14p, i don`t think many private investors can recall a time when they bought at the lowest price possible and sold at the highest. Just looking at IAL so far today the buys have outweighed the sells 10 fold which if the trend keeps up will help to pull the price back up, although I wouldn`t be expecting too much from this company until 2004. This time next year I`ll either be regretting my punt or living it up in the Carribean!

dandu71
2.50p-unchanged

However,something is happening - 2,620,162 V - but cannot find news.
Yahoo says short and medium is Bearish but no evidence today.Perhaps tomorrow.aj

Thanks AJ, please keep this thread up to date with any info you can find on IAL, it`s greatly appreciated. D

Take a look at TIR. They are trading @ just over tuppence and their portfolio alone is worth more than that - real potential if any of their holdings/projects come good (incl MNT!) Go here: http://www.tiger-rf.com/index.cfm

Puffinmaster,
I meant TIR when I posted earlier (and put TIG by mistake) - I agree they are worth watching. Last time Minmet put a spurt on shares in TIR jumped 75% as they have a large holding. They invest in mining companies and may well benefit from the current surge in the mining sector (I have some shares by the way bought at 1.4p).

ACTIF GROUP (AIM:ACT) – 8.1p BUY

Shares in this swimwear retailer zoomed up to 10.75p after our tip at 8.13p (13 Nov ’03) but profit takers moved in, slashing the price to under 8p. Not to worry. Big price movements occur in little stocks and the underlying picture remains unchanged

What about Gaming Corporation up nearlly 15% this morning and tipped by Evil Knievil and also a good write up in shares mag.

cheers Gf.

I agree with tikka & dandu, Fortune Oil & IAL

Thanks Roy, could you give any guestimates when IAL may sart seeing an upturn? I know they are forecast to be cashflow positive in 2004 so i`ve tucked my money away and just keeping and eye on it with a view to an upturn. They have been flatlined now for many months, any ideas when the upturn may commence?

I've been in FTO since 1999 when it was sailing up and down on the then tech boom. Made some monet from it them but have held a core amount long term and am in the red 50% down, so these have quite a way to retrace to former levels.

Indications are good that streamlining of their business activities are allowing losses to be cut and them to concentrate on the more prospective aspects.

It's a huge market place out there and when trading picks up and takes off, as it will inevitably do at some point, FTO are positioned to take advantage on a few fronts.

Speculative long term recovery buy IMHO.

IAL
Unable to find any news.Anyone have news ? rgds aj

dandu
I think with both IAL & Fortune and based on my experience of trading in penny shares for over 25 years we need to be patient to see what happens in 2004, we could be lucky and make a small profit in 3to4 months. as with all shares and more importantly with penny shares do make sure you create a fairly tight stop loss, do not be afraid to take a small loss if they move the wrong way, if you dont you may turn a small loss into a large one. also if the shares move up move your stop loss up to protect your profits

Pipex Com is out of your range now...they were once at 4p...sadly or not so sadly are now 8p..!


In my portfolio this is one the best opportunities in terms of risk/gain upside...

The upside for PIPEX COM is excellent and down side very little, for one the company makes money, not just turnover but around 10m profit also and plenty of it for that matter, compared to dozens of other small Companies who dont if I could care to list.

The price rise towards the next set of results will be a pleasure to watch from the backseat..

Great future prospects but as always DYOR...

aj,
omh,once a sick baby,seems coming back in health now. @ 3.20-3.25p ,unusually
narrow spread compare to its normal range,also volume picks up a bit to-day, Is it something going to happen soon? rdg, SbR.

Anyone info on sdk ? rgds aj
p.s.It closed today @ .85