Australian (ASX) Stock Market Forum

JPR - Jupiter Energy

And im guessing since it has hit -30% you would be sleeping with the dogs, since you wife would of sent you out.
 
Hey realist i hope you didnt buy more of this lol this stock is going downhill with a steep slope :eek: . I was considering about getting into this stock when i saw that they had to raise funds from a 75 mil IPO. That kind of held me back from this stock :cautious:
 
Shroomos wrote
"Jeff Gander the current CEO has to raise 70 million $ for the jupiter biofuels to be successful. So far there is no indication that he has done that. He is travelling overseas in the next few days to raise funds .

isnt the float to raise the 70 million? ($75 actually) "

Dear shroomoos

I apologise for the late reply. I also apologise for my wording of the above posting. when i wrote gander has to raise 70 million for JBF to be successful I meant that he had to raise 70 million for the float to be successful. i was strictly talking about the float. (if that makes any sense).

I felt like absolute **** when i sold it at 12c. I bought it on the placement for 12.5c and the .08 options deal. Today i feel much better.(sorry to all the JPR holders out there). I am glad i got out of it. But am def considering getting back into it at these price levels for a very short term profit. Please do not reagrd this as investment advice. I am a complete idiot when it comes to shares. i still can't believe i did'nt sell at 20 :banghead:

I personally think even if gander gets the float going JBF will trade well below 50 cents (initially at least)

Does anyone have good watchlists for speculative shares ?
good luck to all you guys
 
That's depending on the crude price.
After the opec switch off the tap, the oil price will be up in some time later.
The timing of JBF float is no good at present.
But JBF's project is promising.
Any suggestion ?
 
Beethoven said:
Hey realist i hope you didnt buy more of this lol this stock is going downhill with a steep slope :eek: . I was considering about getting into this stock when i saw that they had to raise funds from a 75 mil IPO. That kind of held me back from this stock :cautious:


I didn't buy more, and only bought $1700 worth at 17c initially, but I have been slaughtered. :banghead:

Oh well I'll hold, bugger it! I aint selling at 9.6c. :mad:

Do I have the balls to buy more - hmmm NO! :cool:
 
Realist said:
I didn't buy more, and only bought $1700 worth at 17c initially, but I have been slaughtered. :banghead:

Oh well I'll hold, bugger it! I aint selling at 9.6c. :mad:

Do I have the balls to buy more - hmmm NO! :cool:
that is a hard stop loss lesson for me to learn, as long as I learnt something, hopefully I will save alot more money in the future from this loss.
 
Hmm managment has a lot to speak for. If these guys can get people from the overseas market to participate in the IPO than there is a good chance for this share to rocket. If the IPO is unsuccessful this stock will get dumped. :(
 
Shroomos said:
that is a hard stop loss lesson for me to learn, as long as I learnt something, hopefully I will save alot more money in the future from this loss.

The hard lessons are always the best Shroomos.It is very difficult trading highly speculative shares, because a 2c (in this case) move will almost certainly stop you out.

There doesn't appear to be anything positive in the price action, very high volume, very large fall.At least that very bearish divergence has disappeared now. :)

If anybody buys this they are gambling.Still one to watch closely for positive signs though.
 
Well, this most recent announcement is an interesting one. Should make a big short term difference. I would guess that shares may drop a bit this morning based on this announcement, but that is just a guess, will be interesting to see.
 
Careful Shrooms, this was originally down near 3c before they announced the spin-off.
 
bummer, i'm still holding. Talk about bad timing in the market! Not keen to sell at a massive loss. What are peoples opinons of JPR longer term say mid 2007? I think they should bounce back with their projects and good managment
 
maverick11 said:
bummer, i'm still holding. Talk about bad timing in the market! Not keen to sell at a massive loss. What are peoples opinons of JPR longer term say mid 2007? I think they should bounce back with their projects and good managment


A bit suss holding a Company who's CEO has a contact email address as jeff@highway1.com.au, in their announcements as their SP tanks. Why not a real email contact on their own domain, smells of cheapness!.
 
Freeballinginawetsuit said:
A bit suss holding a Company who's CEO has a contact email address as jeff@highway1.com.au, in their announcements as their SP tanks. Why not a real email contact on their own domain, smells of cheapness!.

Working in the IT industry, IMO tis prob just lack of company branding, and a apreciation of domain names & email addressing....

But I guess one caould read into that and connect the SP falling with the director not embrasing branding across all their material

EDIT: They do have a reasonable website and correct email addresses, hence just didnt get used on this occasion.... I guess

http://www.jupiterenergy.com.au/
geoff@jupiterenergy.com.au
 
You would think that in such an important announcement, the CEO would face the music and let shareholders contact him at the real email adress in the Company in which they invested.

Anyway it probably means nothing, still think its a bit shonky though!.
 
Well I've taken a right beating on this dud. Lost 50%. Thankfully I only put $1700 in.

Oh well... :mad:

No point selling now... I'll hold and hope... :(
 
Freeballinginawetsuit said:
You would think that in such an important announcement, the CEO would face the music and let shareholders contact him at the real email adress in the Company in which they invested.

Anyway it probably means nothing, still think its a bit shonky though!.
From their website...

In addition to his Executive Director role at Jupiter Energy Limited, Geoff sits on the Boards of the ASX listed VPH Limited, 3Q Holdings Limited, Australian Waterwise Solutions Limited and is Chairman of EQiTX Limited. He is also a director of the privately held company Highway1 (Australia) Pty Limited. Mr Gander was appointed as a Director on 27 January 2005.
 
maverick11 said:
From their website...

In addition to his Executive Director role at Jupiter Energy Limited, Geoff sits on the Boards of the ASX listed VPH Limited, 3Q Holdings Limited, Australian Waterwise Solutions Limited and is Chairman of EQiTX Limited. He is also a director of the privately held company Highway1 (Australia) Pty Limited. Mr Gander was appointed as a Director on 27 January 2005.

Sounds like he has his fingers in lots of pies, one fails onto the next!.

JPR is taking another beating with the ugly stick today!.
 
Top