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Bit of buying today bloomers showing up 3%
The days tick by
I was looking at the debt position the other day
Could be a positive movement come Sept.
Who is buying?
Not me but I did invest 5k the other week
I actually kicked things off with a sell (sorry!), but only 25,000 (7k + 18k, trades are mine). Needed to free up some cash to grab some REVB. Still retain a significant holding. Looks like the MM bought my shares, which provided a small amount of liquidity that someone was able to take advantage of. Support at 14.5p historically.
*I was looking at the debt position the other day
Could be a positive movement come Sept.*
Why positive? - the debt is what worries me here (although I do think it is manageable unless interest rates go completely crazy and contracts are not renewed).
Net debt sept 21 = £6.2m
Net debt April 22 = £5.4m
So on that trend could be under £5m at Sept 22 in my opinion
I am not buying (hold too many and have no spare cash).... as for the debt. I would expect it to be lower. The reason is that they are committed to monthly installments for both the growth and term loans (crunch time is Oct 2023). Obviously, they also have to make the £900k HMRC repayment. So it assumes they can afford the repayments and that they are not going to renegotiate their debt. I would say though, the debt should be looked at YoY and not half yearly, things will be cyclic over the financial year.
Agree the year on year debt position at Sept reported formally in Nov will be an important number
But in my opinion the movement from Sept to April is positive
Plus the hrmc bill will be finished soon so allows other debt to be paid off
Need a few contracts to come in
I've said it recently, I am broadly optimistic at the moment regarding Trakm8. I had a wobble a few months ago, but have cleared that up - ok, that does not mean I am correct.
Looks like someone else is as well
Razza needs to pull his finger out if he wants to buy for under a £1
No point sitting on that cash will inflation at 10%
Yep, I think that is my biggest worry - why hasn't Microlise gone for this. Raza knows the company better than any of us.
What is going on more buys??
We are up today - so not complaining :o)
God loves a trier...
Does seem to be gaining a little momentum.
My sell, was an obvious buy signal.
You're all welcome :P
lol, you probably completed some TA signal.
When they hit 50p I will buy you a coffee
£1 =a pint
£1.50 a decent bottle of red
£1.50 and KYK will probably be able to buy us all a decent car each.
Haha ..I would indeed! But alas that day has been and gone, I fear ...unless they are brewing something in Coleshill that we're all unaware of.
Interestingly, they seem to have completed some hires, as the available jobs have reduced by half I think.
Maybe a decent end to the week if the price holds
More buying today
Why now????
This week looking like more of the same
25p plus by the next update looks on
Wish I had more cash
Imagine the rise if KYK had sold his entire holdings ;o)
Yeah, strange isn't it? Might be nothing but we'll see. Not complaining though!
Strong close - something may be afoot at long last or it may be nothing. Interesting to watch.
Hopefully continues this week.
Mmmm
Yes last trade supports another good day