Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Found this on the website so maybe we get some work replacing the outgoing fluorescent lights
https://www.petrel-ex.co.uk/2023/04/12/fluorescent-lamps-ban-2023/
At the end of the day we’re all on the same team and we all want the same result.
I don’t disagree about the length of time re the final results. I ran my own company between 2011 and 2021. While not a PLC, My end of year accounts were always submitted early. Things such as this shouldn’t be left till the last minute.
The company turned a very small profit in the last results and is expected to post similar in the final results.
There’s a lot of dross on AIM and I get what you’re saying about companies drifting down. However, I truly believe that we are different. We have a very longstanding company, with good products. We skirted with insolvency, but the company has turned a corner and we have shown signs that it’s on a better footing. I believe that we just now need to allow more time for that recovery to pick up momentum. I don’t think we’ll be at zero in 2 years.
I’m not telling people that they should hold till 2025/2026, that’s just my own personal timeline. Everyone must do what is right for them.
We’ll see what happens over the next week or so, and hopefully the results will be issued before the deadline and they will make for positive reading!
GLA
Lawrmyer2 - I apologise, I did not mean it that way, oh well anyway back to my day job, yawnville
The only point i was making was I just find it bizare when you mentioned wait till 2025??? i havent seen any aim share long term do well at all, the rest of everything you write iAGREE with
I certainly wasnt saying anything personal at you, i guess you cant see my face when i am writing so u dont see the TONE i am using,. I am actually writing in a FRIENDLY tone, anyway it is what it is, lets hope for the best here
Oh 26K posts is just me losing a lot on XTR back in the day and moaning on here all the time lol. i certainly no expert at all! far from it!
Exactly dartron , aim can be very fast, dont need to sit here waiting till 2025! any aim share ive got that ive been holding is down 100% or down 90% pretty much, its been a disaster, this is the last aim share im doing, anyway like i said, I am hopeful here. but yes the silence is not good at the moment here, surely the results could have been produced by now
Lol im not directing any frustrations at you lol, im not even frustrated! anyway dont have time for this
This could do anything in the next couple of weeks from zero to 15p. At the high end of mcap, this can just be down to market makers on the day, rinsing idiots out of their money. Typical share like this is always detached from market cap, but my concern here is that the detachment may be the wrong way, as the silence is not inspiring confidence. I feel the company have made this a complete gamble, and it didnt need to be like that.
Draft, with respect, direct your frustration elsewhere.
I’ve been investing for a long time and have been successful. I know exactly how AIM works.
I invested here knowing full well that the turnaround would not happen overnight. It’s ironic that you don’t think I know how AIM works, yet you’ve naively invested into an AIM company, that was very close to going out of business, thinking that within a year or two of near insolvency we’d be riding high with a stonking MCAP.
We are still in the very early stages of a recovery. Given that we nearly went out of business only a short while ago, my expectations of a decent return in 2025/2026 are entirely reasonable.
I would expect somebody with over 26,000 posts to have a lot more investment maturity and knowledge of how businesses work than displayed in your last post to me.
What youve said about 2025/26 is ludicrous, that just shows you dont quite understand aim. you wait that long this will probably be zero! most aim companies share prices get destroyed OVER TIME. bad news etc, lack of news etc, raises etc.
Yeah agreed, this is the last aim share for me too.
I agree with a lot of what you’ve said Dartron. We all wanted the final results in good time. Leaving it till the death certainly causes a little bit of uncertainty. We don’t know why they haven’t been released yet. As I’ve said in earlier posts, there is no indication of bad news to be released so why are the results taking this long.
When results have been taking longer to publish in the past, the company has informed the market. However, there has been no such update this time.
Unfortunately, it’s just a matter of waiting and hopefully our patience will be rewarded.
I think many people regard AIM as a casino these days. This is the only AIM investment I have left and I won’t be investing in AIM once Ive sold out.
We’re still in recovery phase so unless the company releases a decent new contract/business, then I can’t see the results alone causing too much excitement tbh. The sp may tick up a bit. However, if you’re looking for the sp to be double digits again, which I am too, then I can’t see that happening until 2025/2026. However, I’d love to be proved wrong on that believe me. From what I’ve seen the company is working hard to grow and expand, so a couple of decent contracts added to the books could see the increase in sp we’re all after sooner. We just don’t know.
As has been said on here before, TB is no fool. He wouldn’t be here unless he thought he was going to get a decent return. Same with the IIs, of which there’s a good number of them.
All metrics here point to the company moving forward which will ultimately drive the sp. The only question is, how long will it take for that to happen.
We are waiting for HY results up to the end of May. 3 days prior to the end of May we had a placing (presumably to plug the going concern hole). I really cant see why these results could not have been released in good time. It does not reflect well on the company that they cannot release these results without taking this to the wire. It also shows that shareholders are not in the forefront of their consideration. What happened up to May is largely irrelevant, so should we expect to wait a further 6 months to know what happened up to November? I will just say again, how disappointing it is that this company could not make itself more investable.
Well we cant wait 2-3 years, TB is getting older, and u know how aim is, over time aim destroys share prices if no amazing news
From the information available the results should be strong given recent circumstances. I’m not expecting anything earth shattering. I believe the real change will occur over the next 2/3 years when hopefully the company gains some real traction as it moves out of the turnaround phase and into a growth phase.
Personally, I’m expecting the results this week. Hopefully they won’t let this run into next week!
We need massive earth shattering news to wake this up and send us to the moon
Maybe one day, but the MC is so low at the moment a TO wouldn’t give us much.
10 working days after today ⏰
Not just Castings.
I'm following a number of heavy engineering/ Foundries on LinkedIn, and there seems to be solid demand out there for cast product.
With regards to CMH you couldn't buy a tenth of their kit at the current market cap.
I don’t think anything is off the table here. We’re led to believe that the turnaround is in full swing, so given the tiny MC, there may be more interested parties out there!
I really wish this would do a pipehawk and rocket to 30p. I wonder if Castings UK would be interested in taking this over, cant be many iron foundries around
Yes, the half year report is very bullish! Let’s hope that market demand has translated over to Chamberlin!
12 days till deadline day!
Castings excellent rns and shows all in demand, just got to hope CMH is in crazy demand too
16 working days left after today to release the final results ⏰