Post
by Goddy » Fri Aug 21, 2020 1:26 pm
Right - here's a few for you but I warn you, ALL of these are high risk, so please do your own research and don't invest anything that you aren't prepared to lose. (I do have a spread of stocks (like I'm Warren Buffett - ha ha) which include blue chip types but these that I'm mentioning are all in AIM and much higher risk and are ones that I'm not reliant on should they go belly up i.e. I am prepared to lose the lot. That being said, I'm invested in these as I think they have a decent chance of performing (and some already have). OK here goes....
1. Ariana Resources - in line with the gold comments on this thread, this is decent little company which is, principally, an explorer but has a gold mine on the go and is profitable. It's also cut a deal, in effect another JV, and is promising to return a decent wedge to shareholders. Share price has performed and has gone up to almost 6p (having been around 3p for quite a while). It's drifted down to nearer to 5p recently for no apparent reason. Good company with good board of directors (in my opinion).
2. Inspired Energy - works with other companies to reduce energy costs. Has some big clients. Is buying up competition and market share and had recent share placing (at 15p) to boost fighting fund for more acquisitions. Again, well-run business and has made much of its business not being affected by C-19. Results due on 9th Sept (I think) and expected to be good but not priced in yet. Fidelity been buying the shares and now hodls more than 5% of the company
3. LiDCo - develops, manufactures, and sells hemodynamic monitoring equipment, internationally. Turn out their equipment is cutting edge for helping C-19 patients recover in hospital (although their products were available well before any of us had heard about C-19). Anyhow, LidCo had an enormous boost due to coronavirus but the share price has not responded (although going up to 10p is back down around 7-8p.There's also chatter about it being the subject of a takeover (although that, to me, seems very speculative).
4. Beowulf Mining - a straight 50/50 bet. It's sitting on £billions (literally) worth of iron ore in Sweden but the Swedish govt has been sat on their application to dig the stuff up for 7 (seven - as in videoprinter world on Grandstand) years. So, the gamble is, will the Swedish govt grant the licence before the company runs out of money or not. I've been reducing my holding here as I'm increasingly concerned that the govt is hoping to starve Beowulf and then nick the resource for nowt. The downside of this approach (for the govt) though is that no-one would ever invest in Swedish exploration again if they did this.
Please, please, please, though don't go throwing any money here unless you really understand the risk and have done your research (apologies if this sound patronising). I've made some money and lost some money with shares like these so be prepared for similar (including losing!!!)