Member Info for 4Corners

Hope no one bought yachts just yet!

Is the party over? On the bright side, the upside to Mcatee's 25p is increasing since two days!

The year isn't over,and my 6p vs your 12p was for july.nevertheless happy for you and its a shame wigwammer exited at 8.20 ;)

maybe a financial investor building a position?and if its an acquirer which is very much possible,could see more buying till they touch 5% ownership-last 3 days is only 2% so far

What impeccable timing on the buys and sells :)

Clearly you found it easy to sell the 1000 shares you bought for 4.5p! Congratulations!!

Like a broken clock, your 12p will come true one day. Now in the 3rd year of predicting 12p? The IRR won't be pretty.

Dancing over an illiquid rally? Really?

Gotta give me credit for the 6.9 call being closest to the current price (vs. ramper mac's b****t 14p) - for the record, my options were 69, 6.9 and 0.69.

Low valuation alone is good to push the price of illiquid stocks when sizeable investor wants to buy and build a position, but that can only do so much.If we see volumes dwindle over the next few weeks,it confirms the view that it was a financial investor buying up, and the price will drop as fast as it moved up, till the next positive newsbyte.

The 1st half earnings should be out next month, along with any revised guidance, and that should probably drum up more interest

@mcatee aka rocketfuelman : that is still close to my 6.9p target

Why is it up so much this month? Definitely can't be that last RNS

Approaching my 6.9p target for July '23

See this tweet on the warrant exercise - http://twitter.com/Magnus12316/status/1674674138969956352

Resurfaced right in time to collect the loser's award from last year's prediction....

I guess your message signifies we have reached the max price

This is interesting - www.bloomberg.com/news/articles/2023-05-16/adnoc-seeks-to-raise-up-to-607-million-in-logistics-unit-ipo

They had acquired the larger rival of GMS in 2021

Nothing ever good comes on this when things are going good, but the minute you have a risk off party, this one joins.....even my 6.9 target looks very distant now, forget the 14p target from the rocketfuel man

Merry Christmas!

this is a 50yr old vessel.....i can see SF wanting to buy GMS as cheap as possible which probably explains the RNS last week and what i think is manipulation.

@amtech - not too worried about profits next year as long as contracts run smoothly. Assuming 10% interest cost, thats a 32m expense in worst case scenario. I would wait for the 2023 EBITDA guidance to get better understanding of how much they can reduce debt. If they do 80m ebitda, they probably have 35m to repay and if its 100m, they have 55m to repay.

https://www.thetimes.co.uk/article/british-worker-bludgeoned-to-death-on-qatar-oil-rig-mj5zfvs7w

Where do you get 370m + working capital loan from? It's more like 340m as at 30 June, and perhaps slightly lower than that by the end of the year. Don't forget they get cash proceeds from the warrants, plus profits next year is looking solid. You speak as if there is no revenues or cashflows....jeez.

Indeed looks like some awful news is imminent.Strange thing with this stock is good news does not move it up even with Mcatees ramping, but bad news drags it to the bottom - the last rns was not confidence inspiring now, was it? What a mess! Good luck to all the holders if there is another capital raise