oilyrag
- 12 Mar 2007 07:10
Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.
As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.
fliper
- 01 Jun 2007 09:16
- 90 of 1373
Once we get above 52p it will move on again , talk of brokers giving it over 1 TARGET .
Ciao
- 01 Jun 2007 09:17
- 91 of 1373
Oilyrag
I am back in (I am a scalpier!!!) under 49 + got quite few at 49 on the tree shake!!!
I got more money in as they got holes!!!! :))
this morning it looks to me that the MM don't want it to fly .. mighbe they haven't got a lot shares...
I could be wrong
cynic
- 01 Jun 2007 09:22
- 92 of 1373
fliper and others ..... be aware and very wary of getting carried away by hype and rumour ...... while this company well be going into the big time it is very much eventually rather than imminently.
Ciao
- 01 Jun 2007 09:24
- 94 of 1373
gee this thread fly as well... time to put down few lines (full of mistakes... excuse my English) over ten posts passed....
yesterday there were 6 or 4 MMs ( I thought 4!!!)
canada1
- 01 Jun 2007 09:41
- 96 of 1373
Bu**er, bort yesterday at 44p, better sell now st has bort!
canada1
- 01 Jun 2007 09:58
- 98 of 1373
I'll watch for a bit longer st, just to see the "master" crasher in action, I'm still a novice compared to you, lol.
canada1
- 01 Jun 2007 10:06
- 100 of 1373
LOL, I'm off to buy ple, must be loads of upside now.
chesneya
- 01 Jun 2007 10:19
- 101 of 1373
Was a bit unsure about this one - well I was certainly proved wrong.
Managed to get in at just under 45, but 28 would have been nicer - isn't hindsight a wonderful thing !
canada1
- 01 Jun 2007 10:44
- 102 of 1373
Haik's away soul, I'm back in profit.
canada1
- 01 Jun 2007 11:25
- 104 of 1373
Looks like you're not a curse afterall, just an opportunity to sell and buy back at a lower price ;0)
oilyrag
- 01 Jun 2007 13:37
- 106 of 1373
Wait until the institutions decide that they want a cut of this. Then there will be plenty of opportunities to aquire shares cheaply. Its just a case of getting in tune with the rise and falls of the stock.
Ciao
- 04 Jun 2007 09:52
- 107 of 1373
morning all
everyone still on w/end mood :))
still holding then... or gone away with the profit
oilyrag
- 04 Jun 2007 10:11
- 108 of 1373
Hi Ciao, Going away with a profit should never to be scoffed at, but in this case I believe that taking a profit now is very short sighted. What other investment has the potential to grow at the rate of this one. Its all a risk and I appreciate that it is your own decision and that has to be respected. I am just pointing out the bigger picture. Good luck to all holders.
cynic
- 04 Jun 2007 10:16
- 109 of 1373
still holding, though it's a very difficult call as nothing solid to work on other than (primarily) promise ...... as my investment was only about 40% of norm, i was half tempted to top up, but given the exceptional strength over the last week, i think that would be just greed so have (quite easily) resisted