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JPR - Jupiter Energy

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Certainly is looking more interesting, but given the timescale is there really likely to be any excitement just yet? I would have thought nearer the record date?

Am just being indecisive about when to get in ;)
 
ALFguy said:
Certainly is looking more interesting, but given the timescale is there really likely to be any excitement just yet? I would have thought nearer the record date?

Am just being indecisive about when to get in ;)
Click to expand...
ALFguy - of course you can wait till nearer the record date - but can you imagine what the trading price will be by then? (My guess is over 40c)
Likely scenarios being that the IPO will be closed early as over subscribed - (VERY likely) meaning the only way in is via JPR, or buy them on market at a very likely premium market price on float.
There is an energy deal being prepared to back into the JPR shell, which will give it some nice action after the JBF float - so all in all, it's an adventure packed few weeks coming up!!
The JPR share is already worth approx 32c - 25/26c for the free share - plus the shell value at minimum 7c cash value.
So - you can see that today - JPR is trading at a real discount and is a bloody bargain!!!!!!

If you have money to be made elsewhere in th next 3/4 weeks, then your cheapest entry in now might be via JPRO. Expensive compared to the heads right now, but leaves you trading money in the meantime. They can be converted for 20c - or traded when the heads hit 30c plus.
So many ways to make money - just wish I had more of it to start with!!!!!
 
Who cares what the price is now?

Wait till November.. We'll all be billionaires... :p:
 
canny said:
ALFguy - of course you can wait till nearer the record date - but can you imagine what the trading price will be by then? (My guess is over 40c)
Likely scenarios being that the IPO will be closed early as over subscribed - (VERY likely) meaning the only way in is via JPR, or buy them on market at a very likely premium market price on float.
There is an energy deal being prepared to back into the JPR shell, which will give it some nice action after the JBF float - so all in all, it's an adventure packed few weeks coming up!!
The JPR share is already worth approx 32c - 25/26c for the free share - plus the shell value at minimum 7c cash value.
So - you can see that today - JPR is trading at a real discount and is a bloody bargain!!!!!!

If you have money to be made elsewhere in th next 3/4 weeks, then your cheapest entry in now might be via JPRO. Expensive compared to the heads right now, but leaves you trading money in the meantime. They can be converted for 20c - or traded when the heads hit 30c plus.
So many ways to make money - just wish I had more of it to start with!!!!!
Click to expand...


Thanks Canny - you're dead right, this is an unbelievable bargain and it now appears some bigger buyers are looking to take a position. Might actually start a run earlier so I'm in :)
 
ALFguy said:
Thanks Canny - you're dead right, this is an unbelievable bargain and it now appears some bigger buyers are looking to take a position. Might actually start a run earlier so I'm in :)
Click to expand...

More of a bargain now.There is virtually no bid depth and the price has plummeted the past few weeks.

Should be a warning to all, as this stock has been ramped up on here for a while now.If you had stop losses you would be out.If you don't you are B.H.P. (Buy, hope, pray).

It's not to say it wont do ok, but some people on here have bought on quotes such as "no brainer" etc. That quote could be correct but not in the context it was used.
 
Porper said:
More of a bargain now.There is virtually no bid depth and the price has plummeted the past few weeks.

Should be a warning to all, as this stock has been ramped up on here for a while now.If you had stop losses you would be out.If you don't you are B.H.P. (Buy, hope, pray).

It's not to say it wont do ok, but some people on here have bought on quotes such as "no brainer" etc. That quote could be correct but not in the context it was used.
Click to expand...

Well I bought some at 20c.

I've studied their investor presentations, read their announcements and to me it seems like a good punt!

I don't use stop losses, this is a classic example of why. Getting stopped out defeats the whole purpose of buying and getting the 1 for 2 deal. And I will hold till late November no matter what the price goes to unless I learn some fundamental reason why not to.

The question is - will I buy more at 16c.

The answer is yeah, but I need to do more research first - we've missed something surely?
 
I'm gonna spend an hour trying to figure this bugger out.

Either we've been duped.

Or it is wise to buy more. I'm not sure which. :confused:
 
Well a director was spending his money buying up on Monday for 20.5c.
One would assume he would have an even greater insight to the fundamentals of the company split.
Yes I have been reading the company announcement details over the past few weeks and am wondering if despite this I am missing something vital that would not make these a buy?
Good luck to whoever got the 16centers today, though didn't look like many went through at that price - unless something fishy going on- somebody selling to themselves? :cautious:
 
Realist said:
I'm gonna spend an hour trying to figure this bugger out.

Either we've been duped.

Or it is wise to buy more. I'm not sure which. :confused:
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Only a guess, but all this talk of the IPO being oversubscribed is cobblers.Nobody knows for sure either way.If the market thinks it will be a flop, you have your answer as to the sell off.

Also I bet a pound to a penny that this has been , let's say mentioned a lot ;) on another forum.In a thinly traded stock like this, that can get the price moving.

I know not eveybody is interested, but a chart with this much divergence is a no go for a lot of people.

Hope it turns out ok for people, it is highly risky to say the least.
 

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Yeah, but Porper I am not interested in charts. I bought purely on the 1 for 2 share deal. And the fact it is a bio fuel company with fair prospects.

I know it is a gamble - sure. It aint an investment.

I just thought based on what I know it is worth a punt.

Why it has dropped to 16c is the big question? Someone knows something we don't. :cautious:
 
Realist said:
Yeah, but Porper I am not interested in charts. I bought purely on the 1 for 2 share deal. And the fact it is a bio fuel company with fair prospects.

I know it is a gamble - sure. It aint an investment.

I just thought based on what I know it is worth a punt.

Why it has dropped to 16c is the big question? Someone knows something we don't. :cautious:
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Yep, charts don't really factor into this sort of development.

Sell offs like this appear to spook more sellers, hence the drop. Could it be that the big players are watching in the wings waiting to chomp up at a low?
 
I think the fall this aftrnoon was purely 'market panic' after 200,000 shares were sold in one hit at .175c. The next few tumbled after that - and then some support came back into the buying.
Maybe we won't see the big buyers until the IPO is sent out in paper form - it's only in its lodgement week.
For whatever reasons (and I suspect cleansing of the register to remove as many traders as possible to get a successful IPO which isn't instantly sold down) - we are being played with at the moment.
I'm going to hold and see it through.
There is a term which would probably get the post removed if used it in its entirety, but I believe the big players are brain f'ing us!!!
Hang on in there if you've got the balls, otherwise take porpers advice and wait for a positive market reaction.
The positive reaction will certainly come as the IPO is taken up and hopefully closed early. It could have been underwritten, but the company was so confident that they have not worried and avoided the 7.5% underwriting fee. They are sure it will be fully subscribed and possibly quickly.
That's our best case scenario here.
Sorry if you saw my 'no brainer' as ramping porper - it was meant to inject excitement and alert people to the possibilities here - you can see I have taken JPR in the tipping comp this month, and for October, and I've genuinely put my money where my mouth is.
I actually believe we can quadruple our outlay from here by the end of the year.
 
Biofuel companies follow oil prices. The lower the oil price the less pressure there is for alternative energy sources. Maybe that is why this stock has fallen???? who knows???
 
I won't be losing any sleep over it. It seems well backed, and afterall, you can't expect it to rocket 7 weeks out from record date! Give it time.
 
Been mulling this one over trying to work out why JPR holders would want to sell at 16c.
The documentation (still) says that one 50c JBF share will be issued for every two JPR shares (plus retaining the residual JPR share value).
Maybe the issue lies with the outstanding options?
Documentation states that the valuation models are based on the assumption that all outstanding options are exercised.
Bearing in mind that there are still unexercised 8c and 12c options out there; if you were a JPR holder and needed funds to exercise options, then it would still make sense to be a seller at 16c, if this gave you ready cash to exercise your options at a lower price than the current share price.
Anyone else thinking along those lines?? :cautious:
 

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