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Why isn’t this at 10p now ,I was assured 3/4 weeks ago it would be. I guess the preview of the good stuff wasn’t that good after all.
Amstrad, why are you concerned where it is or isnt ?
Somebody was clearly trying to pull people in with the 10p statement and the constant ramping. Guess they turned out to be a dog.
Where is the guy who promised 10p in 3 weeks
Be asleep still after having all that pork and cider
I said 9p. But I never said when! ;P
Given Amtech was discouraging people from buying at 3.8p - and has consequently been shown to have the touch of an ape - I can only assume the market is getting ready to give him another good slap! Let us know when you jump onboard amtech, I suspect you’ll be just as good a contrarian indicator on the sell side.. :)
Why do you lie Wigwarmer? I’ve not discouraged anyone from throwing their funds in here, I mentioned that the company need to raise $50m before the end of 2022. How is that discouraging investors when the company signed the deal? I guess as one of the ramping crew you don’t want people knowing that FACT. As for the market giving me ‘another good slap’ how can that happen when I never had funds in here, seems you’re desperate for some attention with your boring post.
Lol. All you have done all the way up is repeat the same boring message about the potential $50m raise. The chances of any interested reader not knowing about it is practically zilch, thanks to you repeating it several hundred times. Yet the shares have leapt around 50% regardless. Where did you go wrong? If you are going to post on the board of a stock you don’t own then at least get it right, or say something new, or add some mirth to proceedings. The only thing amusing about your repetitious worry is how entirely misplaced it has been in understanding the direction of the shares. ATB
Thank you for conceding that you got this one wrong all the way up. Your apology is accepted :)
I’ve not conceded anything, I’ve also not discouraged anyone from buying or had any kind of good slap. You live in your own little bubble Wigwarmer, just don’t start crying when the $50m cash raise comes knocking. At this price it’ll be bigger dilution than last time. That’ll hurt
There there amwrong.. if all you do is sit on a chat board and post negatives then OF COURSE you are discouraging people from buying. Poor advice. You got it wrong. Anyway, keep building the wall of worry, has done wonders for my share account so far :)
Love them days when there are more posts than trades
There’s nothing else going on here 4c, only a few rampers throwing toys about. Low volume, price in a downward trend, most contracts signed and known about, guidance given, what will move this sp higher?
That is a fair question....
My question - would you buy this at 6p if there were no capital raise?
Hmm.. contracts signed, higher rates, better guidance.. all the obvious things that the bulls predicted and profited from (but amsham did not) .. I’d encourage readers to look elsewhere for a crystal ball.. atb :)
Not with this level of debt 4C , it’s why I didn’t buy it years ago before the debt restructure. The banks hold the cards and have allowed the company time to turn things around but with the caveat that they raise another $50m before the end of 2022. Cost of sales was around 70m and will go up due to inflation pressures, admin around 5m, they’ve achieved cost savings mainly due to head count reduction. So even with the high ebitda it doesn’t leave a lot to pay off much debt when you take into account the interest on the loan, which will ratchet back up within 12 months, still leaving a mountain of debt. All though they are heading in the right direction getting into a profit even if the accounts are a tad skewed from the last 2 years. Do they have enough time to NOT raise these funds though, i very much doubt it. Like I’ve said with the guidance given what will now raise this sp to allow them to not raise the funds in a highly dilutive way to shareholders or at all? We can all claim the plus points with the rose tints on, some even claiming they won’t need to raise the 50m because they’ll have 70m in the bank ! It’s the negative side of things that will give you the slap when money is lost not profit missed which others seem to claim, hence why I always concentrate on the negatives. I really don’t know why people need to spit their dummies out, maybe it’s so they can jaw off with insults, who knows.
I suggest you to check out page 6 of their latest presentation. https://www.gmsplc.com/wp-content/ResultNPresentation/11-08-2021_081111investor%20presentation%20oct%202021%20final.pdf