Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As ever the standard of entries to the Bulletin Board Moron & twitter moron of the week contest was exceptionally high last week. But there was a clear standout winner which may well be a slam dunk for the Bulletin Board Moron of the Year 2016 title as well. Can anyone beat this?
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Comments
GreedSpam
Rampers ghetto on the OPTI thread, advfn
Surely this fellows monkeir (sic) is a misnomer:
‘Ive had a couple of friends and friends of friends look at this from an analysts view and believe me it’s got multi billion cap written all over it.’
And there’s more:
‘Yes we want to see revenue generation but anyone that’s been here a while can see that’s not far off and once the tap gets turned on it isn’t stopping so we won’t get steady year on year profit growth it will be explosive as the ‘tipping point’ of industry acceptance happens.’
Shrewdie (shrewdmole) 7 Feb’16 post 9021
Elrico
GREEDSPAM – Taken in isolation I can see your point. IMHO it’s a tad unfair and selective because you have chosen to ignore some great research by the same poster. Yes, some posters get a little excited, don’t we all sometimes, but to suggest the board in general is a “rampers ghetto” is a little disingenuous. You cannot blame others for your lack of vision, you do realise this do you not! TW remain bullish with a 100+ short term target and the CEO believes the shares should be nearer 200p.
warun boofit
Mr Lithium finally accepting his ship may be sinking as he stands resolute on the poop deck, after 4530 posts on the lse this is his first ever negative post on MTV so I think he should be given special recognition for his bravery but he is still feisty and casting aspersions on the manhood of his fellow morons I (I assume female BBMs are very rare ?).
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Price: 0.0023
View Thread (5)RE: Afternoon mtversToday 12:35Lol nope still here , just wanted to say if we are sinking im a gentlemen so let the ladies off first and that includes morose. :) lmao Mr lithium
NEMESIS
It’s never gonna beat last weeks, no way. Like that Gandhi bloke once said “Happiness is when what you think, what you say, and what you do are in harmony.”
…not something that applies to Leni. He normally averages 1 out of 3.
Moving on, kind of. Again Leni from the 8th on twitter:
David Lenigas @DavidLenigas Feb 8
sitting here in #lithuania thinking about the ultimate size of the lithium conundrum! @RareEMplc
My thoughts are well lets hope its a lot better effort than your piss poor constant upwardly price predictions on the oil price because you’ve called it wrong every step of the way down.
….and as if i had to prove a point.
David Lenigas Retweeted Richard Nary @Dictionary_Rich Feb 8 @DavidLenigas Crude to reach $130 bbl https://www.rt.com/shows/sophieco/331693-oil-prices-opec-agreement/ …Juicin Drumroll
Not an entry, an observation.
I’ve come to the conclusion that last week’s winner, Goodluckall, is actually a DAN & IMTK bear and an RT doubter who is on a massive piss take of the mugs on LSE. Sadly I have to include myself in their ranks ‘cos he fooled me.
THE CORNISHMAN
Here is a hopeful punter on MTV hoping for a 1,000 bagger -sadly it doesnt seemed to have developed that way after the blizzard of Confetti issued this week
Buried treasure
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Price: 0.0045
View Thread (2)Just think Mon 15:42Was just looking at this price 0.005
£250 invested would be £10,000 at 0.2p.
Which if a buyout did hapoen or success came big like you all know 5p would be easily reached eventually and return £250,000.
When you think of it like that.
No wonder so many derampers are watching waiting with the fingers on the buy button
:-)
Russ O'Callaghan
I’d like to think you were right about Goodluckall being a secret bear where DAN is concerned, JD, but I think not. Evidence , Russ? Evidence? Well…I found this from yesterday. A poster on the DAN site called Colorblind mentioned to Goodluckall that at least his (Colorblind’s) shares weren’t delisted like Daniel Stewart was, so how was that in anyway positive?
What was Goodluckall’s reply to this? Just wait for this one……
“Well. It certainly isn’t a negative.”
So, there you have it JD. Your company getting itself slung off the market is NOT a negative. Could anyone make this stuff up, eh?
Drunken Sailor
From ADVFN – WHY MTV WILL 100-BAG WITHIN 2 MONTHS thread:
shares188 11 Feb’16 – 16:16 – 10337 of 10392 0 1
Had to add a few here, can’t even work out what my stock would be worth if it ever did hit 1p lol
After 45 mins of hard maths he has now worked it out – and come up with the wrong answer on both counts!
shares188 11 Feb’16 – 17:02 – 10348 of 10392 0 1
Tookers, so keep hold of my tickets yet, it’s not all over. So 5 million what’s that if it hit 1p??
£5000
Words fail me!
Drunken Sailor
More from our innumerate cretin and his mate on the MTV thread:
tookers 12 Feb’16 – 09:59 – 10466 of 10488 1 0
shares188… Look closer…
‘trading in the Company’s Ordinary Shares on AIM will be suspended with effect from 7.30am on 15 February 2016’ It could be they issued that RNS [we have no new Nomad and shares will be suspended before open on Mon] to keep the SP below nominal (0.005), preventing Bergen from taking more money.shares188 12 Feb’16 – 10:03 – 10468 of 10488 0 0
Tookers,yes A lot of twist and turns here,it’s not over just yet.
fuckwit
This is dumb and dumber gone daft
Philobeddoe (This inbred should learn that any number times zero is FUCK ALL)
£1300m NAV + (expected figure)
Profit £15m + (year 1 projected)
Multi listings – London, Stuttgart, Frankfurt, Copenhagen, USA
Huge interest when we resume – likely to be exceptionally high
Frequent RNS’s / potentially huge backlog of news & updates currently waiting to be released
My own Mcap prediction based on £1.3B NAV (10 deals) :
0.25 x £1.3B NAV (low end) = £325m Mcap
0.50 x £1.3B NAV (high end) = £650m Mcap
Upto 1 x £1.3B NAV (peak/spike) = upto £1300m Map
Based on the above Mcap prediction :
Mcap (low end) £325m / 25m shares = £13 SP / 50m shares = £6.50 SP / 70m shares = £4.64 SP
Mcap (high end) £650m / 25m shares = 26 SP / 50m shares = £13 SP / 70m shares = £9.29 SP
Mcap (spike) £1300m / 25m shares = £52 SP / 50m shares = £26 SP / 70m shares = £18.57 SP
If more than 10 deals, NAV will be more, Mcap likely to be more = higher SP than the above quoted.
The even more dimwiited gimp respondent fingerintheair responded.
Phil – another useful figure to help extrapolate a share value is P/ E ratio – if you put the theoretical P/E ratio alongside your projected numbers based on NAV to share price comparison only,it would perhaps give a more unified picture.
It could well align beautifully with your numbers or tweak it one way or another.
PS I’m not picking flies with your hard work nor seeking to stir up an arguement just giving feedback.
Indeed gotta say I totally respect the mammoth research and number crunching that you have done on this.
This pair should never ever breed.
I look forward to hearing this pair of utter shiteheads moaning like banshees when this inevitably goes to zero.
Drunken Sailor
More from our innumerate MTV owner:
shares188 12 Feb’16 – 15:48 – 10499 of 10509 0 0
Bunky3 it’s tempting to,as it’s just as much of a gamble as it was yesterday,but cheaper to get in..
Sweet Karolina 12 Feb’16 – 16:08 – 10500 of 10509 0 0 edit
Shares188 you are absolutely right! It was a 100% certainty yesterday that the shares will worth nothing on Mon just as it is still a 100% certainty that they will be worth nothing on Mon now. You have just over 20 mins to sell your 5 million and get £60 back after dealing costs. You could take the Mrs out for a slap up dinner and a couple of bottles of wine on Valentines day with £60. Far better than sitting here posting drivel and dreaming about 1p. You never know you might even get your leg over if you buy decent wine.
shares188 12 Feb’16 – 16:20 – 10503 of 10509 0 0
Sweet ,just added mate
Worthingtonian
It would seem PhiloBeddoe’s mad musings re Worthington have found favour with another asylum dweller in ‘fmsam’
I have no way of following his logic anywhere down the rabbit hole, but he seems to end up with a final valuation of Worthington at £662m. Wait, no, £3m. Or was it… oh, I give up. It’s all just too tangentially tenuous.
This, remember, is a company that cannot file its accounts, has traded for about three weeks in the last three years, and needs to be reversed into a bankrupt Greenland minerals explorer to regain a listing in the birthplace of many a fairy tale, Copenhagen.
Enjoy.
fmsam
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View Thread (5)
RE: Philo
Today 16:33
Vindaloo at least put some detail into why this will not happen, and explain your not in the real world comment.
As Doug previously demonstrated before we went into suspension, shares were issued at a premium which gave the best returns for existing shareholders and not necessarily at a premium to those involved in the investment. Hypothetically if the same scenario was to be followed on resumption of trading, then the below figures make interesting reading, and before someone asks were these figures have come from and tries to shoot me down, I said hypothetical just to show how quickly the cash side of things can escalate with each new deal.
5000000 shares @ £2 = £10,000,000
5000000 shares @ £3 = £15,000,000
5000000 shares @ £5 = £25,000,000
5000000 shares @ £7.50 = £37,500,000
5000000 shares @ £10 = £50,000,000
5000000 shares @ £15 = £75,000,000
5000000 shares @ £20 = £100,000,000
5000000 shares @ £30 = £150,000,000
5000000 shares @ £40 = £200,000,000
Hypothetical sum raised from 45m shares = £662,500,000
That’s potentially a lot of distressed companies and value that could be added to the new conglomerate. Just look at Nunaminerals, £640K bail out and if existing Nuna shareholders take 10% of the new conglomerates shares and presuming that there are 25m shares in issue that’s 2,500,000. Current WRN share price £0.87 × 2,500,00 = £2,175,000 + £640,000 = £2,815,000.
That’s cheap for a company with all those licences and some of which i.e the Vagar, Hugin, Nanortalik etc prospects which could turn out to be a little pot of gold for us with a vested interest and any potential far eastern JV partners.
—-ENDS—-
Drunken Sailor
Another mad MTVer:
aggieuk 13 Feb’16 – 13:52 – 10555 of 10557 1 0
SK I sold my small holding yesterday for a small profit, yes I managed to sell so you talk shit don’t you, then I put some more in before the bell and its currently evens Stevens. It’s only £150 but I’m an adult and I know it’s a gamble, I don’t need people like you telling me I’m an idiot when the only idiot here is you, wasting your time posting shite that no one really is interested in reading. Makes you feel better I suppose, bless.
Except on Fri:
aggieuk 12 Feb’16 – 08:41 – 10427 of 10555 0 0
Tried to sell for ages mm’s wouldn’t let me until I went down to £200’s worth, now I can’t sell at any! But I think now I’ll just leave my stake money in for the black or red gamble. What the hell, it’s only money after all!