Member Info for 42trader

Looks like someone is loading up with all the 100k and 200k buys going through.

It was a bit bland but at least it’s not a profit warning.

Yeah it is a good move. As you said though, it will need finalising and then some action. Should hopefully see movement up for the rest of the week at least. I was lucky (I hope) to have bought in today at 6.09p

gla

Another strong day today. This share is re-rating. Next major resistance at 180p area then 215p. The share also bounced of the bottom of the daily and weekly trend channel. If it can get to the top of the trend channel it will be about 320p, the brokers TP.

I’ve a feeling this will finish between 7.5p and 8p today. The sp was always going to open on the good news at the resistance level around 6.7p as that is where some would sell.
Once these few sellers have sold and as more investors see the news this resistance should be broken and 8p is the next resistance. In time 12p will be the target of many to sell where there is another resistance level and a gap filled.

Broker Arden moved their TP to 20p from 15p.

Brokers have targets of 60p and 65p as well.

TLY are looking to make acquisitions that are immediately earnings enhancing. They have no intention to fund raise but to use the £18m cash they have.
Targeting double the current revenues and then maybe more within the next 5 years.
PE 14
PEG 0.3
Cash rich (£18m)
increased dividend by 100% which shows confidence.

There's a lot to like about this share.

Happy with this too.
fincapp have released a long broker report maintaining their 325p target. They have reduced capex by £5m.

Well to be fair to Colonel, he may have a point. Currently the market does not like this by todays drop. It is also in a downward trend with about 8.7p at the bottom. If it breaks that then support at 6.5p.

This news is another hiccup at NLGM this year. However, despite this we continue to believe the company is undervalued by the market and, according to our updated modelling, is still trading at a P/NAV of 0.25x and at an EV/EBITDA of 5.3x and 2.8x for 2021 and 2022 respectively. We maintain our TP of 30p.

Explains the drop for last few weeks.

Jolly, what happened to you? You used to write some good informative posts until a couple of years ago when you had a spat with riddler. Now it's just 1 sentenced posts which are just, well, less informative.

…… and just to make matters worse, the CFO is leaving. Not a good sign. And it was stuck at the bottom of the RNS after the announcement of NED leaving as if to hide it.

Well you have to give it to the bod, selling at 90p in the placing. Well done.

I can see this going to 20p now. Downgrade in forecast will leave the company very close making a loss this year if it doesn’t make a loss. The credit facility will be used to maintain the company which of course will add to the capex.

Mr Goxx was a legend at investing. At least among the rodent community.

Added today as I needed to increase my exposure to companies beginning with A.

Worth watching.

https://youtu.be/godOhIecGk4

Buying Amarillo shouldn’t increase the sp short term as it is not immediately going to increase profits. Longer term I’m sure it will.

Lol brilliant.