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And half year results have to be announced in next 21 days!!!!!!!!!!!!!!!!!
Sales good! Future sales good! Rates higher! Costs lower! Interest reduced! Booming sector! Refinancing complete! Shareholders stuck on 29.99%! Asset value way above share price! Strong ebitda generating cash! Only a blind man can’t see this! We will be very rich my friend
Yes come on....share the info. been hearing about explosions since a month
Come on…..share the info….
You ever seen a volcano blow downwards??? Up of course
In which direction?
Shes about to blow big time!!!
CN - good to see 4p close with respect to new share issued at 3p. Yet very far away from the pre raise price of 7p. You are right, very few are run for minority shareholders, they should be run for all shareholders. In the case of GMS, sometimes you feel its run to rip off minority shareholders. As MCATEE said, another lowball bid is highly possible and acceptance is likely to be high from frustrated investors
4C - a £4.00 close would make me smile for sure - and your right of course, this business is not run for minority share holders - very few are.
not that it means anything, another Man Capital (SF shareholder) portfolio company on LSE just published today. There is a common director on the board too. So GMS is not late (yet) in disclosing earnings
Takes only 4 quid to make it to positive close!
Results should be good other than costs relating to share issue. Company has been refinanced, interest reduced, assets fully written down last year (conservatively), improved rates, improved utilization and the bs fixed costs of previous management significantly reduced. The second half of this year and next year will be the real lift off into orbit! We will be very rich my friend!!! The only risk with this delay is a potential sneaky low ball bid is being planned to forced out minority at a low price!
Sorry, we run the company for SF and Mazroui -mgmt :)
To be fair to them, last year earning release was early, and it was because the proxy fight was going on. So I guess it should be out sometime this month atleast. I doubt there is anything to cook, it's rather straightforward contracts
Anyone know when (or IF) the H1 numbers will be published? Do we assume that the delay is due to 'creative accounting' trying to make them look as good as possible?? This (IMHO) is the main reason the SP drifts south - this lack of certainty/clarity - no one likes bad news but no news is sometimes worse.
about time the earnings are released for the first half of the year, which hopefully shows some positive numbers
There is a difference between the market correcting from the highs and GMS struggling at its lows.......
Nevertheless, i do believe in the story, but not enough to ramp it up with firm dates on when it will hit 5p or 10p....
Whole market is sqeeking and correcting why not this share. Wish I ve forseen it.. going to add meantime: becouse covid is a past, this is just a hiccup:)
Looks like the only way to 10p is through a reverse split!
This share is about to fly to 10p! Good results, investors on 29.9%, good orders - all write downs and bad news, refinancing dealt with!! Guys running this are doing a great job! We will be very rich my friend!!!!!!!!!
Anyone else spot those big purchases late afternoon yesterday? One at £85k and the next at £100k?
Promising!
Btw, steady upwards proves spot on!!
So IMHO, September 1st: 5p, October 1st back to 'normal' 7p. Happy days ahead
Anyone knows when are results expected?
Last year's were out on 4/8.. I'm expecting nice set of numbers:)
@ mcatee
There is no excitement because there was no trigger behind the move. One day push with some
new investors piling in. We don't have the reddit type push yet, and I doubt there will be. Earnings should be out soon, and that might help. Will get excited when we see pre raise price of 6 or 7p first.
So... It's time to refuel:) next week next inwestors. DYOR
three3, that is an incoherent inverted pyramid of piffle! Hold on tight folks!