All is good with increasing sales but you have to start turning a profit too.Anyway i pressume all of us have held long enough so as long as the co stays on a solid growth course, this should reflect in the sp !!!
I agree but what about all the other major iis holding major stakes who are still sitting on important paper losses. At some point , sooner rather than later , they will want to monetize their investment , at a profit , specially now that the co is producing better results, albeit still making a loss. Unless they are all waiting for a takeover to happen which is what Black did with the previous co he was running ( sold to Bae for £245 mil if i remember correctly ) !!!!
Great td and yet a very small rise in the sp. We have seen this before so i would not be surprised if the sp drifts down to 25p very soon.What will it take for the sp to break through the 30 mark , stay there and gradually go up and up.
What positive momentum ? Every time we get some half decent news, the sp goes up a bit only to come down again within a few days. And i agree with the assumption, that they will need a whole lot more financing which means issuing more shares.
On a positive note , the credit line from CS is good news, so it seems they are not short of financing options when they need it , from reputable investors who must believe there is profit to be made !!!
We have lost 20% from the recent high and the sp could not breach the 30 level regarding of the recent good news. I am not optimistic considering how long we have been expecting a recovery in the sp !!!
What good news ? the sp's performance has been abysmal, management is a disgrace and you are expecting good news !!! At the meantime the 2 big players in Germany , Kuenkers and Gorny & Mosch are doing better than ever !!!
There is no reason financially why the sp has come down so much. The last 2 trading reports were reasonably good and the figures should be even better next time out . However i would not be surprised if the sp flirts with the 500 mark . I still maintain it is a compelling chance to accumulate at these levels for long term gains.
I have no sympathy at all for the likes of Paul Walsh (ex CEO of Diageo ), Stuart Rose and some of the other fat cats who are invested here. They are very wealthy people, who will most probably offset their loss making investment in RM2 against their tax bill. I do feel very sorry though for the many ordinary investors who are now facing total loss !!!