Simba Essel Energy Inc SMBZF

RE:Any new investor....will think twice

[kevster70]

I'm a investor who goes on market trading and fundamentals,i make no apologies for saying I don't have any emotional attachments to any stock I own..My aim is to invest and then sell at a profit and move on..So on that basis I'm pretty mad about this...The company has great fundamentals but once again has shown that it has very poor skills at maximising it's potential,and this is another case of that...On one point Drstock is correct...If you had Simba on your watchlist and weren't following its day to day activities as closely as we do,things like market suspension for non filing of financials is a big red warning flag because historically if you look back at most companies who are, it's the prelude to bigger issues..I'm not saying this is the case here but it doesn't encourage people to get involved...Right now Simba should be marketing the hell out of Kenya..The norm would be investor presentation evenings etc etc designed to get this noticed but they do nothing...And interest isn't there as daily volumes indicate...On your other comments I would have to disagree a little as I'm obviously hearing different things to you...Expect good news from Guinea and the Liberian permit issue isn't as bad as you suggest with good news from that hopefully coming too...The only disappointment is probably Chad is there is a bit of an impass on negotiations on that...All in all it's been a disapointing episode no matter how quick the suspension is lifted....