A Multi-bagger if ever there was one!!! once this hits the papers, see it double.. treble...see announcement

Rob Hi,

I guess the company can't put out news until they have something worth putting out. I sent them a Brazillian company for them to look into for investment, but the way they will look into every possible investment, and do all the due dilligence, it could be a while before they swap the cash for assets (months rather than weeks or years !)

Sit tight, that's what I am doing, as the value is there, and it's a lot higher than what I paid for the stock :)

Cheers,
PM

Hi Rob

Not all sells .... Know of one buy @ 59p

Robstuff dont believe all you see ie boys/sells, i bought 10k at 61p and it showed as a sell so maybe alot of so called sells are in fact buys.

Yeah - i bought in today after taking my profits from YOO (bought at 4.2p) and my buy showed as a sell

Maybe we've hit bottom then, look forward to the swing back up to half realistic level

im not convinced.....there is no such thing as free money....is there? been sitting with a buy set up for over a week. WAITING.

Rod Hi,

It's not 'free money' it's part of a deal, which has been settled by the cash depostit in Brazil.

Cheers,
PM

Paul,

welcome back !!!!
where have you been ??
Brazil I reckon.

;o)

SM Hi,

I wish !

Long weekend of partying :)

Cheers,
PM

Hi Paul, do you have any idea of the timescale for such asset swaps? Why would Brazil be likely to allow investment in Portugal which has been mentioned in a recent news statement from the Co.?

PM
ive been trading 20 years and ive seen all this stuff before. as i said, free money dont exist. my trade is WAITING.

Rod, read the co. statements, it's a weird one i agree but they pulled off an investment deal of the decade by selling on a huge contract and the money is there in the account confirmed! A Brazilian Co could take this over to obtain the cash, that's my bet and then it'll be too late to buy in.

The only problem is that Brazil is an economic basket case !!

I'm still hanging on in there though.

;o)

SM Hi,

The assets in Portugal probably belong to clients of the banks in Brazil, possibly through financing deals. All they are interested in doing is selling those assets to someone, at a profit. CCO will be looking at the returns on those investments, which could be quite good percentages, and therefore shareholder and company value enhancing.

Cheers,
PM

If that is the case then acquiring Portugese assets in return for Brazilian based cash seems a sensible idea.

Might even go and visit these assets at some stage !!

;o)

Now showing big ****ing loss!! but the volume of selling is not that great so the price can bounce in no time and can always double in a day, this is one of those type of shares - in the meantime we're all watching our holdings dwindle like sad p****s whilst the mms **** about. I did say just invest what you're prepared to lose! but didn't really believe it - it's going to be like YOO, if you lose your nerve you're sure to miss out big time.

Again, loads of buyers but the price goes nowhere, get a sell or two though and the mms mark it down. Some call it tree shaking, but it's normally followed by a large increase in the sp so am holding

I've been reading with great interest all the posts (plus that Sunday Telegraph article) on the Company.
It is strange that no other newspaper or magazine has taken much interest so far. I would have thought that, on the face of it, the shares are extraordinarily undervalued.
However, one thing that may be against CCO is that, even at the current 50p to sell quote, there will be plenty of investors sitting on fat profits from only a few months back.
In the absence of any concrete news about getting hands on that money in Brazil I suspect the shares are likely to drift.
Certainly the normal 6 to 7 pence spread on the shares means it is very difficult for the traders to make a quick buck.
At the moment only the market makers are laughing all the way to the bank !!
Current holders I reckon ought to continue to hold.
However there is no need for new investors to hurry into it.
All IMO of course.
K******

ADVFN is down, which is really annoying. Where do all the posters from ADVFN post now?.

krypton, you could be forgiven to think that, but the shares were only very thinly traded up to around 65-70p which is when the real interest started. It may well be that holders up to then who had seen the sp do nothing but decline over the year got out but if you had been holding through those bad times and then the company announces that they have cash worth five or six times the value of the shares, would you have sold? No, I think as there is a classic downside which adds to the risk (i.e. it being tied up in Brazil) gives the traders opportunity to raise and lower the price by large percentages on relatively slim trading but there is nothing stopping this co's share price being marked up again with a little buying, in fact a rising price will often attract more buyers and so it continues going up without the need for further news. It will only take a small amount of buying as it is not very liquid, and if it got written about in another publication or some news was released on their progress, it would be written up very quickly indeed. If it was announced the cash was being released, then nobody will get a chance to get in at these levels and within a blink it will be 2.50 so you take the gamble, are you in before or after that crucial announcement or press article. Looking at the trades today so far, there are 15 times the amount of buys to sells, the price will have to rise if that continues.