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Mm s manipulating price prior to find raise??
Still here.
Going.....going.....gone!
We have been robbed by the Brazilians, the useless management and AIM rules which let it happen time after time after time. Yes I have had some great winners via AIM but many SRB experiences too!
But people are buying?
Hey John,
Things must be real bad ,it seems like they have stopped paying Burton and Swingy to ramp.
Even Smallyus thinks his job is done.
Seriously what's your take on the future or lack of here?
Imo anything from bankruptcy to equity raise to bank loan. BURTON have any clue or just offering usual paid ramping !!!
Have seen the above then had a look at HMI my thought is this will need a discounted raise in the near future.
Is that a correct assumption?
Https://total-market-solutions.com/2023/12/10-companies-to-follow-in-2024/
Hey stop laughing at Barlow he's praying for a miracle ..
Hi , I missed you, how's it swinging now for HMI?
When are your fellow rampers , Burton and Trading4 going to show up.
I'm afraid it's a lost cause now.
If I was you I wouldn't review your previous posts , spare your embarrassment.
Don't make a bigger fool of yourself by trying to talk this up again
Verde seems a better bet on cursory inspection, better product that's with exporting though heavy debt is a problem they have high revenue
I reckon something smells here.....Why poor sales figures when Brazil imports fertiliser?.....What are the management up to,when the competition has much bigger transport costs?....Those are my worries with this company.....Very fishy and smelly management in my opinion.....0.5p incoming.....
I reckon it’s a huge opportunity.
Hi folks this is drifting to nothing any news maybe good news Brian?
I said at 3p this would go down gig....Expecting 0.5p....or less....
HMI is performing identically to VERDE which says it wouldn’t have mattered who was at the wheel. It’s the fert sector in Brazil, not Brian.
Brian doing a great job just like Jangada
This guy has cost me a fortune
Do you remember in the film Alien they realise too late that the radio signal from the strange crashed spaceship is not a distress location beacon but rather an AVOID warning beacon? Well invest in HMI and a short time later a big fat australian alien will burst out of your wallet having eaten all of your money up. This sucker could drop another 30% tomorrow!
Once the management is thrown out and the company fully audited then maybe a coherent and honest business might be reborn from the wreckage.
$420k cash as of June 30th with a $2.3m cash outflow during H1. The market is clearly sensing news on financing soon and I would imagine it could be ugly, what with such a low mcap now. Would have expected it already but lots of commentary of reducing costs in the half yea report including this:
' In order to reduce the Company's cash burn rate, the Directors agreed to temporarily pause drawing their remuneration due from the Company during Q2 2023 until such point as the Company is in a better position to pay.'
At just 70000t of orders targeted for 2023 compared with 200000t guidance at the start of the year it's no surprise that times are so tough. One i'm watching though.
Anyone know cash situation of HMI…?
1.9m seems cheap unless there’s hidden debt
Been out for a few years so not fully genned up
A lot of selling lately....It will be on my radar at 0.5p.....It could get there soon....
This share a similar pattern to RRL an oiler , another Australian guy , up to 19p then right back down
Feels like right place but with the wrong company!
https://www.worldfertilizer.com/potash/23112023/global-food-security-hinges-on-domestic-brazil-potash/amp/
Yes
Anyone buying here?....
I am out for the moment, until there is clarity, if that is possible with HMI.
The RNS system is meant to be specific about the financial state of a company, but HMI via RNS, leave more questions almost every time, with their chopping and changing of how they report orders.
Even when they do report a delivered order, it gets reversed, as in last year's accounts, and it was a significant sum.
There were also orders from last year not delivered, again a significant amount, and they have just disappeared.
I suspect I will not buy in here again, but I am watching with interest.