edited by moneyam

Yes I agree "Dil" is a disgrace.

He hides behind multiple usernames and all he does is ramp Harrier plc.

suehelen, you said i lack understanding and knowledge, which may be fair comment. I would suggest you go and read my posts on asc, wlf and my tips of the year in the 2006 tips of the year thread. In theory or on paper put the the amount money you have put in dmr divided amonst the shares above that i have been backing. If you calculate you are better off where you now, i agree. But please read the charts as they are and not imaginery ones like the whog share which you say improved by 700% (and still havent told me how you did the maths). All the best.

Kivver - squelched.....go and read the posts on WHOG...sour grapes on another u missed out....not to mention DMR. Times waster.

SueHelen - 29 Sep 2004 06:06 - 165 of 1414
Results are bad, even bad than expected, but the company is not going bust in the forseeable future and in theory there are at least 3 - 4 positive news items to come (publishing partnerships/ game releases) and lets face it even bad interims will look good after the poor ones from this year - so in theory only positive news to come = rising shareprice.

Imagine if the 'partners' of WHOG had not gone bust, WHOG would be sitting on a profit and most likely somewhere around 20p....unfortunately companies outside WHOGS sphere of influence have been going bust.

A poor choice of partners has turned a profitable company into a loss making one, thats not cash burn thats exceptional.

From September
The projections are consistent with the group's stated aim at the time of its placing and rights issue of developing further its own intellectual properties.

...still on target for original aims of reaching profitability again by 2005

from January (stated aim of placement):
The Directors are confident that with the funds raised
from the Placing the Group is now in a position to become cashflow positive
during 2005 without recourse to further funding.

This is the key statement from Full Year:
In view, however, of the losses sustained management has prepared
projections for the two years ending 31 March 2006 which indicate that the group can continue to trade and to meet its liabilities as they fall due for the foreseeable future. The projections are based on assumptions regarding the
timing and incidence of a relatively small number of projects. Although the
projections incorporate allowance for the cancellation of one project and delay
of others, should further unforeseen delays or cancellations occur these would
adversely affect the group's cash flows. The projections also assume that,
should such cancellations occur, resources can be restructured within a
relatively short timescale in order to enable the group to reduce its cost base.

NAV / Shareholder equity is still 3.5m circa 1.1p a share

...and I also failed to mention the fact that with very little debt and a reduced market cap, WHOG is a very attractive target right now.

I am back in these having purchased some at 0.45 pence this week.....
SueHelen - 01 Oct 2004 00:09 - 166 of 1414
The lowest price will be 'blink and you miss it'...by following all movements and gauging sentiment, finding the floor becomes easier - remember how quickly MM's closed the door when the price began to rise?

The buyer who came in with a 1500000 order on Wednesday had to pay 0.55 when the ask was 0.45 originally.

The volume at these levels is peanuts, if whog was really going bust we'd be seeing 50 - 100m traded in a day as institutions can afford to dump at all costs. Simply downward pressure from a few sellers, which would clear immediately should the company decide to issue any RNS's regarding the 7 games they have lined up.

Anyone interested in charts should look at the 6 month 'skew bands' (anyone can access on Java interactive charting).
it suggests the price is due a rise and looking at the history of previous band fluctuations, has been a good indicator..

The interesting bit is how fast the bands appear to be rising.

Lets not forget to spare a thought for all those who funded at 2p...it looks as though they were lied to with regards the extent of losses - Funding was arranged in Feb/March....year end was March > EVO knew this...

So ask yourself, did evolution beeson gregory lie to the market (given they were privy to all financial information at the time), or do they know something we don't and continue to believe 2p is a fair price for the majority of shares.
SueHelen - 01 Oct 2004 00:10 - 167 of 1414
Despite the spread of 0.25-0.50 pence at close....the real price was 0.25-0.38 pence.
xmortal - 07 Oct 2004 18:19 - 169 of 1414
I had another look today at this and the where some buys, the TI seems keep going up (not the price yet) I will bet on it again tomorrow. Thanks Sue, keep posting please.

ps. Thanks to Sue recommendation I made some dosh the first time I dealt with them a while ago.
SueHelen - 07 Oct 2004 23:08 - 170 of 1414
10 Million BUY reported today at 0.35 pence along with a 2 million BUY at 0.35 pence today.

Online Prices were 0.27-0.35 pence, so those trades were definite buys. IMHO, now is a good time to buy with the price having reached the bottom and consolidated at this level.
SueHelen - 07 Oct 2004 23:09 - 171 of 1414
Hi Xmortal, will catch up with you and with my other stock threads soon...(hopefully over the weekend).
rpaco - 08 Oct 2004 09:54 - 172 of 1414
Checking yesterdays movements the largest 3 were all sells. One of 2M and one of 10M and one of 25.75M. Although the price has moved up to 0.39/0.40 today I canot see why.
SueHelen - 08 Oct 2004 09:56 - 173 of 1414
Re @ my post last night, price up today and a massive buy has come through again.

25,750,000 BUY reported at 0.35 pence from an hour ago.

All trades buys rpaco....trades over 90,000 shares are delayed in reporting by 1 hour and the online prices is another thing you need to look at before making observations.
john50 - 08 Oct 2004 10:25 - 174 of 1414
Good to see you posting again Sue.
SueHelen - 08 Oct 2004 10:54 - 175 of 1414
Thanks John....


Here comes the tick up again....0.35 pence on the bid. More delayed buys will be coming at around 0.40 pence or higher in the next hour. So rpaco, all of them will go in the sell column on moneyam.
SueHelen - 08 Oct 2004 10:57 - 176 of 1414
And another tick up, on the offer price to 0.55 pence, up 20.00%. Though it is possible to get a quote inside the spread of 0.35-0.55 pence.
SueHelen - 08 Oct 2004 11:28 - 177 of 1414
150,000 BUY comes through at 0.39 pence from an hour ago...other buys that will be coming will also go in the sell column like the 150,000 trade as the price has moved since the trade was put through one hour ago.
SueHelen - 08 Oct 2004 11:50 - 178 of 1414
2 Million BUY comes through at 0.40 pence from an hour ago...
xmortal - 08 Oct 2004 13:02 - 179 of 1414
did not get my act together this morning... never mind, there will be others.
Thanks Sue, keep posting in all your threads.
SueHelen - 08 Oct 2004 14:35 - 180 of 1414
I think the 10 million buy yesterday and 25.75 million buy at 0.35 pence this morning has provided the spark.

I'd say that the price is going to be bounced quite alot over the next two weeks. Still have my eye on a 1.00p short-term target.
SueHelen - 08 Oct 2004 16:39 - 181 of 1414
20 Million BUY reported as a T trade at 0.40 pence just after close.
20 million trade is a definite buy, filled during the day at 0.40 pence. Was most likely put through this morning after the 25.75 million buy at 0.35 pence and this 20 million need filling at 0.40 pence.

20 million buy at 0.40 pence
25.75 million buy at 0.35 pence
10.00 million buy at 0.35 pence.

I think someone has acquired 55.75 million shares over yesterday and today.
SueHelen - 08 Oct 2004 16:49 - 182 of 1414
Another T buy for 2 million shares at 0.50 pence has just come through.

59.75 million shares acquired now by someone.
SueHelen - 08 Oct 2004 17:24 - 183 of 1414
59.75 million shares bought a mystery buyer - that is a 18.22% stake...Only need another 11.78% stake to launch a bid. 11.78% stake - only need to buy another 36 million shares.
SueHelen - 11 Oct 2004 08:13 - 184 of 1414
Up again at 0.40-0.50 pence, up 5.88%....

Trades over 90,000 shares are delayed in reporting by 1 hour.
SueHelen - 11 Oct 2004 08:26 - 185 of 1414
Up 17.65% already today now at 0.45-0.55 pence.....Trades over 90,000 shares will start coming through at 9.00am from 8.00am onwards....will appear in the sell column (most of them).
SueHelen - 11 Oct 2004 08:35 - 186 of 1414
Another tick up on the offer to 0.60 pence....up 23.53% now
SueHelen - 11 Oct 2004 15:23 - 187 of 1414
Up 29.41% today at 0.50-0.60 pence, very good buying reported today.
SueHelen - 11 Oct 2004 15:40 - 188 of 1414
5 Million T BUY comes through at 0.55 pence, someone had an order in to purchase 5 million shares at 0.55 pence.

So the sums again :

10 Million BUY at 0.35 pence
25.75 Million Buy at 0.35 pence
20 Million T BUY at 0.40 pence
2 Million T BUY at 0.50 pence
5 Million T BUY at 0.55 pence

If all the above belongs to just one holder then they only need another 31 million shares to get to the threshold (30%) of launching a bid for WHOG.
goal - 11 Oct 2004 15:59 - 189 of 1414
Just popped in on this thread, what do you think or hope the share price will reach Sue?goal.
SueHelen - 11 Oct 2004 16:35 - 190 of 1414
The Large buyer has snapped up 15 Million shares today, 2 * 5 Million T buys and one 5 Million parcel from the broker to broker trade.

Only need another 21 Million shares at close....could see those being snapped up tomorrow and a bid come soon thereafter.
SueHelen - 11 Oct 2004 16:36 - 191 of 1414
I have a 1 pence minimum short term price target goal.
SueHelen - 11 Oct 2004 17:47 - 192 of 1414
Press Mention : Will appear in tomorrow's Daily Mail Newspaper :

Elsewhere, news of the clearance of a stock overhang gave a lift to Warthog shares, 0.12p firmer at 0.54p.

http://www.thisismoney.com/20041011/nm83403.html
thesaurus - 11 Oct 2004 18:40 - 193 of 1414
is there any comment on cfp prospects sue helen
goal - 11 Oct 2004 19:17 - 194 of 1414
Sounds reasonable,thank you Sue.goal.
SueHelen - 11 Oct 2004 22:24 - 195 of 1414
Investtech Analysis after today's close, positive signal gained from the price climbing out of the falling trend, we'll be officially in a rising trend soon. :

Neutral (Short term) - Oct 11, 2004
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The stock has support at p 0.38 and resistance at p 1.60. The poor liquidity of the stock (traded 95% of the days, mean 4.60 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the short term.
SueHelen - 11 Oct 2004 23:00 - 196 of 1414
Major Shareholders:
Updated on Warthog's Website on Friday last week :

Major Shareholders
( 8 Oct 04) 319.79m 1p Ords - Evo Noms Ltd 10.48%, Chase Nominees Ltd 5.47%, Barclayshare Noms Ltd 5.42%, Goldman Sachs Secs (Noms) 4.80%, HSBC Global Cust Noms (UK) 4.38%, Gartmore Inv Ltd 3.46%, A J Hall 2.35%, I Templeton 1.03%, Other Dirs 0.65%.

http://www.hemscott.com/internet/custom/whog/
SueHelen - 11 Oct 2004 23:01 - 197 of 1414
Annual General Meeting on 03/11/2004
SueHelen - 11 Oct 2004 23:01 - 198 of 1414
The below information about the holders was not in the public domain before as I gather, have they all acquired shares recently.....

Major Shareholders
( 8 Oct 04) 319.79m 1p Ords - Evo Noms Ltd 10.48%, Chase Nominees Ltd 5.47%, Barclayshare Noms Ltd 5.42%, Goldman Sachs Secs (Noms) 4.80%, HSBC Global Cust Noms (UK) 4.38%.

Were only aware of Gartmore and 3i Holding beforehand.
SueHelen - 11 Oct 2004 23:15 - 199 of 1414
Major Shareholders
( 8 Oct 04) 319.79m 1p Ords - Evo Noms Ltd 10.48%, Chase Nominees Ltd 5.47%, Barclayshare Noms Ltd 5.42%, Goldman Sachs Secs (Noms) 4.80%, HSBC Global Cust Noms (UK) 4.38%.

The 25.75 million buy at 0.35 pence and the 20 Million buy at 0.40 pence on Friday must belong to someone above then. In addition, the 10 Million buy on Thursday last week as well.

Confirmation about the 2 * 5 million T buys today and the 5 million broker trade where 5 million shares have been transferred from one person to another should get confirmed in the near future.

One solved, Goldman Sachs had a 3.46% interest before, they now have a 4.80% interest. 4.80% interest = Around 15.3 Million Shares. They have bought another 5 Million Shares.
SueHelen - 11 Oct 2004 23:20 - 200 of 1414
Another solved. EVO had a 9.21% interest before, they now have a 10.48% interest. 29.5 Million Shares before, they now have an interest in 33.5 Million Shares.

EVO have bought another 4 Million Shares.
SueHelen - 11 Oct 2004 23:32 - 201 of 1414
Chase Nominees Ltd 5.47%, Barclayshare Noms Ltd 5.42%, HSBC Global Cust Noms (UK) 4.38%.

The above three seem to have made their maiden purchases last week.....

Chase Nominees Ltd 5.47% = 17.50 Million Shares
Barclayshare Noms Ltd 5.42% = 17.33 Million Shares
HSBC Global Cust Noms (UK) 4.38% = 14.00 Million Shares

Total = 48.83 Million Shares

On Thursday & Friday last week, 10 Million BUY, 25.75 Million BUY, 20 Million T BUY, 2 Million T BUY....Total = 57.75 Million.

57.75 Million - 48.83 = 8.92 Million Shares.

EVO have bought another 4 Million Shares + Goldman Sachs have bought another 5 Million Shares. Total = 9 Million Shares. 9 Million Shares - 8.92 Million Shares = -800,000 shares.

I think I am spot on here, The Sums add up for all of them.
SueHelen - 11 Oct 2004 23:32 - 202 of 1414
So last week's biggish trades on Thursday and Friday are accountable for now, await to see who picked up 15 million shares today, ie. 3 * 5 Million trades, 2 T buys, and one B trade.
SueHelen - 11 Oct 2004 23:41 - 203 of 1414
A bid will not be coming for now after seeing the updated Major Shareholders list on Warthog's website....however a lot of instituitions are snapping these up at these prices.
SueHelen - 12 Oct 2004 10:20 - 205 of 1414
Up again today at 0.55-0.60 pence...
SueHelen - 12 Oct 2004 10:38 - 206 of 1414
5 Million BUY comes through at 0.60 pence from an hour ago....
SueHelen - 12 Oct 2004 15:21 - 207 of 1414
2 Million T trade reported at 0.56 pence is a buy....

Just released :

RNS Number:9963D
Warthog PLC
12 October 2004


WARTHOG PLC



Tiger Telematics in co-operation with well-respected game industry veterans
Warthog



Warthog to unleash Richard Burns Rally on Gizmondo





London, 12 October 2004: Tiger Telematics (other OTC: TGTL) parent company of
Gizmondo Europe Ltd, and Warthog today announced a new partnership. Warthog will
support the eagerly anticipated, new, handheld multi-entertainer with game
content.


Warthog's first product for the Gizmondo will be the highly acclaimed Richard
Burns Rally. With Richard Burns Rally Warthog will bring the realism and
exhilaration of rallying to the handheld marketplace. The action packed driving
requires speed, aggression and risk taking and brings a new level of realism to
this genre.



Ashley Hall, CEO of Warthog Games says: "It is a very exciting proposition for
us to take our games to another platform - to a console that is totally portable
and provides full on entertainment. It's exciting for us, for Gizmondo and most
of all for gamers."


Carl Freer, Managing Director, Gizmondo Europe says: "We really like Warthog's
work and Richard Burns Rally makes an excellent addition to our gaming content.
Warthog's pedigree in the game industry is a much-appreciated asset and we're
very excited about what they're bringing to Gizmondo."


The street date for Richard Burns Rally on Gizmondo has yet to be confirmed, but
when this multiformat game was released in the third quarter of 2004, it gained
high praise from the media:



Official Xbox Magazine
"The sense of speed and danger is amazing"

Official PlayStation 2 magazine
"The most realistic rally game ever"

PC Gamer
"Richard Burns Rally is the scariest driving game we've ever played"

Auto Express
"Richard Burns Rally is a real winner"

BBC Radio 5 Live
"Cracking"



The Gizmondo is powered by a Microsoft Windows CE.net platform, boasting a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor incorporating
the NVIDEA GoForce 3D 4500 graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, Mpeg4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.



About Warthog:
Warthog is a critically acclaimed independent games developer with offices in
the UK, USA and Sweden. Founded in 1997 and successfully floated on the London
Stock Exchange with the symbol (WHOG) in 2001, Warthog has successfully shipped
more than 20 games on all major platforms. Warthog has worked with and continues
to work with major international publishers across the industry, including
Universal, Electronic Arts, Activision, Warner Bros, SCi, and Infogrames. The
company has worked on numerous high profile licences to develop video games
including: Harry Potter and the Sorcerers Stone (EA), Rally Championship (SCi),
Battlestar Galactica (Universal Interactive), Looney Tunes, Back in Action
(Warner Bros/EA).


www.warthoggames.com


About Tiger Telematics and Gizmondo:
Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (TGTL) and
is the maker of Gizmondo, a next-generation mobile entertainment device. Set to
launch in 2004, the gaming device includes built-in music, video, messaging and
picture functions and GPS.

Tiger Telematics is a designer, developer and marketer of mobile telematics
systems and services that combine global GPS functions and voice recognition
technology to locate and track vehicles and people down to street level in
countries throughout the world. The systems are designed to operate on GPS and
are currently being marketed to GSM current and potential subscribers, primarily
by the company's United Kingdom based subsidiaries.

www.gizmondo.com
www.tigertelematics.com



For further information please contact

Steven Law

Chief Operating Officer - Warthog plc 0161 608 1200



This information is provided by RNS
The company news service from the London Stock Exchange

END
SueHelen - 12 Oct 2004 15:24 - 208 of 1414
RNS Number:9967D
Warthog PLC
12 October 2004


Warthog plc (the "Company")



Holdings in Company





The Company was informed on 11 October 2004 that Gizmondo Europe Limited has
acquired an interest in 30,000,000 ordinary shares of 1p each in the Company
("Ordinary Shares"), which represents 8.62 per cent. of the Company's current
total issued ordinary share capital of 347,882,123 Ordinary Shares. The
registered holder of these Ordinary Shares is Broughton Limited registered in
Guernsey.



The Company was also informed on 11 October 2004 that funds managed by Trafalgar
Asset Managers Limited have acquired 5,000,000 Ordinary Shares raising their
interest to 11,000,000, which represents 3.16 per cent. of the Company's current
total issued ordinary share capital.





12 October 2004



This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLQKBKQQBDDDKD
xmortal - 12 Oct 2004 16:20 - 209 of 1414
Great call Sue!! This should silence some nuisance!! Good luck to you all!
xmortal - 12 Oct 2004 16:31 - 210 of 1414
Sue: you proved them wrong once again. Some out there have so much to learn from you. I sincerely hope this example will make them think before they talk down your research. Keep the good work Sue and good luck. XM
SueHelen - 12 Oct 2004 17:36 - 211 of 1414
Thanks Xmortal.


Another 23.15% rise today with the price closing at 0.60-0.73 pence, some very heavy buying reported again today especially in the afternoon.

Should be another blue day tomorrow.
SueHelen - 12 Oct 2004 17:41 - 212 of 1414
Press Mention : will appear in tomorrow's Daily Mail Newspaper.

Beyond the Footsie: Tuesday close
12 October 2004, This Is Money

Warthog was a late gainer, climbing 0.12p to 0.66p after the games developer announced a computer game partnership with Tiger Telematics.

http://www.thisismoney.com/20041012/nm83443.html
SueHelen - 13 Oct 2004 01:18 - 213 of 1414
Press Mention : in today's Daily Telegraph Newspaper.

Computer games maker Warthog announced a new partnership with US group Tiger Telematics. Tiger Telematics also took an 8.6pc stake in Warthog. Warthog rose 0.12p to 0.66p.

http://www.money.telegraph.co.uk/money/main.jhtml?menuId=243&menuItemId=2839&view=&grid=M3&targetRule=1&_DARGS=/money/Menu/SideMenuItemsFrag.jhtml.1_A&_DAV=-1

Tiger Telematics also took an 8.6pc stake in Warthog - bought 30 Million shares.
john50 - 13 Oct 2004 07:53 - 214 of 1414
Well done Sue,you called it right again.
SueHelen - 13 Oct 2004 09:40 - 215 of 1414
Another 35.00% rise today with the price at 0.80-1.00 pence.

I have taken my 100.00% profit by selling all of my holding at 0.87 pence. I bought these at 0.45 and 0.40 pence on 27 September 2004. The price is up 150% since Friday last week.

Thanks John,

Bye for now.
xmortal - 13 Oct 2004 10:01 - 216 of 1414
Come on Sue, go for it!!! A good punch in Dell134's face. Good luck to all of you. 89% up today
xmortal - 13 Oct 2004 12:55 - 218 of 1414
What!!! I can't believe what you are writing Dell. You are beyond words. This is showing you hold soemthing against Sue (I stated ealier I do not hold any position in WHOG) so I don't have to defend or ramp this share, what I would defo defend is Sue's call and even when she stated that an RSN will come out soon. Be humble and admit defeat. You lost the argument here.
thesaurus - 13 Oct 2004 15:12 - 219 of 1414
THIS STOCK WAS IN THE SHARES MAGAZINE RECENTLY????
john50 - 14 Oct 2004 08:26 - 220 of 1414
Two in the top 10% winners second and sixth not bad going this AM Sue.

Hey Kivver...those who bought WHOG at 0.40 pence on my recommendation in September 2004 were able to sell WHOG at 2.35 pence on January 2005.


chad [View chad's profile] - 07 Jan 2005 14:56 - 405 of 1414
I bought in at 0.8 and again at 1.1. Ive just sold two thirds of my stock for 2.35 but i cant sell the rest til monday. Im still wondering whether or not to hold on to it just in case the giz does take off. Thought that now was a good time to sell though, considering the almost full valuation. Everything now depends on how successful (or not) the giz is. Right now though im a happy man. Cheers all, and good luck.

Aaahhh....hurting Kivver...another biggie u missed out....DMR is the next one u gonna miss out and cry...not to mention the 100% rise already u have missed out on.

A lot of new kids and like to call themselves big players have appeared now on MoneyAM since the above days.

Hey kivver again.....

Check this out...as happened with WHOG....will it happen with DMR...that those who bought DMR on my recommendation at 0.30 pence will sell at 2.35 pence in the coming weeks....

Many were there who thought it wouldn't happened with WHOG then....just like you lot with DMR though DMR has been rising nicely since the new year.

What a difference 7.5 years and a poor exchange rate makes to a market valuation:

From growth company investor a long time ago
23/04/1998 - Bermuda registered Dimension is heading for an Aim listing in early May. The group operates out of South Africa and specialises in the quarrying, processing and fabrication of dimension stone - marble, bowenite (a rare green gemstone) and granite - for the building materials sector. According to the group 'a technical consultant has valued Dimension's reserves and operations at 44.6m'. Up to 8.3m shares, 12% of the share capital, will be placed at 30p per share to raise 2.1m net of expenses. A 1 for 5 warrant is also attached. The issue is partially underwritten up to the minimum amount and the group expect to be capitalised at around 20m. Nomad is Grant Thornton and broker is I A Pritchard.

A history of how dimension has ended up in its current position from an original 30p floation is summarized quite well below:

Dimension Resources Ltd.
Report updated: 2nd July 2005
A group of entrepreneurs, with the requisite expertise, wants to start quarrying in South Africa. They of course establish their business in the obvious place, Bermuda; and as the next obvious step go to the Isle of Man where they succeed in arranging to purchase, for some 15 million, a company which owns a modern and well equipped stone tile cutting and polishing factory about 300km north of Cape Town. The consideration was satisfied entirely by the issue of 49 million ordinary shares, accepted at 30p per share. In a previous transaction, Dimension had issued some 9 million shares at 15p to raise 1.3 million, and advanced the net sum to the company which it was later to acquire, the purpose of the injection to secure quarrying and processing equipment, further extractable resources, and working capital. It was intended that the main initial activity of the company was the carrying on of quarrying processing, fabrication and sale of marble, bowenite and granite; the first two products are based at the companys processing plant, said to be substantially automated and producing tiles and larger strip materials to customer specifications; the granite was meant initially be sold in blocks pre a further investment to establish a separate processing plant. The technical consultants report was reassuring in respect of both the quality and volume of the resources; his valuation of 45 million was a useful counterweight to the 1.5 million loss recorded by the companys newly acquired subsidiary between 1995 and 1997. The stone was largely earmarked for the Far East, but the sudden crisis, which then gripped the region, caused market to shrink and prices to fall. Declining to sip this witch's brew, the Dimension board mothballed the quarry and sought marble supplies instead. This exercise was only partly satisfactory, but the company busied itself in other ways, notably by way of a five-year contract to provide red granite to Taiwan, total value $16 million. The original 30p share offering was packaged into a 150p unit which contained 5 shares and has a hoped-for sweetener of a warrant which was exerciseable at 30p per share on 1st December 1998, 40p on the equivalent 1999 date and 50p on 1st December 2000. Since this is now academic, post a capital reorganisation to reflect the fact that the share price dropped below its nominal value, another 1 million was raised at 6p per share in April 2000. The purpose was to finance the Taiwan contract, although Far Eastern recovery is stirring hopes of a restoration of the original prospects of exploitation of the considerable reserves - assuming that the architectural fashion for the use of Dimension stone is still running strongly. The accounts for December 1999 showed a pre-tax loss of 447,000, but an ungeared balance sheet, the finances buttressed of course by the post balance sheet issue. By the time of the June 2000 interim accounts, the loss was shaved to 141,000, and the Chairman was stressing that the granite contract alone was capable of returning the group to profit. Well, it might have done had disputes not ended it. But with two new contracts, and two quarries now commissioned, the company was motoring again. Alas, the commissioning costs engendered a thumping December 2000 loss. Meanwhile, the trading history has driven the share price inexorably down. In June 2001,the vastly experienced Chairman, Brian Moritz, bought 500,000 shares to bring his holding up to 2.2% Interim results for the six months ended June 2001 which followed, showed an operating loss of 160,459, compared to the 146, 548 for the same period of the previous year, on turnover of 139,267 against 102,419. The company has always seemed to be on the brink of commercial success as its sumptuous assets stream into the world market, but has constantly been frustrated by this or that; and now needed a bit more money, which it was planning to raise in penny-ante form. For the cynically minded, an October 2001 announcement of an exclusive contract with a leading Italian stone company for the sale the company's "Cape Rainbow" granite, probably meant that the mooted capital raising was imminent, and lo, 225, 000 was raised at 1p per share on the first day of November. The company, its share price then ebbing close to the point of invisibility, spent 125,000 on a black granite quarry, same amount being payable when certain production targets are met. Come July 2002, and its more of the same, we are afraid. Preliminary results for 2001 showed a loss of 429,836, not at all far from the prior year figure of 487,471, although, said Mr Moritz, the trend is towards an improvement in trading. As yet, no revenues as yet had shown from the contract with the Italians whilst the aforementioned January acquisition is conditional on the transfer of a valid mining licence, as yet not received although it, like the improvement, remains imminent. A similar situation can be found in Vrendendal, South Africa, where the company has agreed to purchase a marble deposit, conditional on the receipt of a mining licence. Meanwhile the factory in Vrendendal, lacking a suitable source of marble, would be standing idle were it not cutting floor tiles for the extension to Cape Town airport. The company lost just over 100,000 in the six months to June 2002. However, for the brave, a statement that things are on the up, and that projected sales of bowenite alone will usher in the long awaited black ink, will be a buy signal. But if they were, it was the wrong signal as the December 2002 figures - produced in June 2003 - illustrated, another 300,000 loss. But die-hards will seize on to the fact that the debt-free group has no demand problems, only those of production, and the fact that the widening gap between the rand and the dollar has been responsible for much of the most recent losses. In August 2003 300,000 was raised at 0.5p per share. The June interim figures which followed showed a 65,000 loss. By December 2003 the placing of 33 million more shares at 0.5p raised 165,000. It was June 2004 before the 2003 loss, 500,000, was slipped across the table to the waiting shareholders; August before a distress flare went up, as production was first disrupted then adversely affected by the strength of the rand. Urgent paring was coupled with the urgent quest for new capital. But what we got instead was the cessation of African operations, crushed between the dollar and the rand.

http://www.amreview.co.uk/index.php?theAction=show_compdetails_ext&compid=97&cotw=0&niotw=0&market=1

MAM
do you really want this Sulain/Sue Helen (util the pips squeek) cluttering up your

bb with this inane spam- July 2005???

do sort out -pleaSE?

.

Boo........

Sue
AWAY again untill fri,so look after these!!

BLUE soon

No probs Capetown....u have a good week.

The AIM article I posted earlier confirms my calculation of losses to date of around 2.1m, but I have not included the losses of the original subsidiary acquired of a further 1.5m.

So we have total available losses of about 3.6m, which would last three and a
half years if the new company to be injected is making 1m per year.

A price of one penny, valuing dmr at 1.97m now seems ridiculously cheap for the bundle.

daz , if that silly cow thinks I'm you then she's even thicker than I've given it credit for.

Made Carmarthen but we lost !

Dil,

The lack of football knowledge is clearly evident!

Stop crying Andy....if you can post nuisance comments on my thread...why can't do the same on yours.....You got too big headed and was acting quite big than the rest weren't you on the back of other people.

I'm writing a feature on pump and dump - would welcome contributions here