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*Minimum a contract or two of significant value ...no more bad news or money trouble
Who's there ? Better have a rns with you !! Tick tock gt November tomorrow I expect some positive news before the year is out
should mention regarding cash shortage i am going off what they company said but also at the current cash burn rate ....i if we ignore the cascade payment the only cash we have is 600k from ya and 200k from that contract ? i estimate that will last 6 months tops ...so looking at feb .. im my estimation imo etc dyor
running down my thoughts about current situation from my notes ...if missed anything please advise ....this is not advice so please dyor imo etc positives ............... Multiple pilots in place new potential business as mentioned with cardtronics ... integration with mobileye and others 1st joint contract with mobileye positives comments from mobileye about the future business together potential tenders by year end...as mentioned by gt company stock well held by investors estimated 40% is held negatives ................ not paid off the ya loan ,,,instead borrowed more ..now owe 1 million cascade not taken up options..so they only hold 10% potential cash shortage in new year ?
yes mate ...its said alot on aim ..but as the sp held well ......only way is up here barring some really bad news of course ... we are due \owed some news or updates .... end of the year ..hold and hope that gt was not chatting poop ..and our contracts keep coming with mobileye one would assume imo etc
some good news has to be due ...9 weeks to go !
And if we dont get any by the end of the year my tone around this share will change
have dried up seems those who were expecting the rns have sold up and those lth have just sat back and are now waiting like before....new investors just waiting for more information before buying ..back to normal
many say that isnt possible rukes regulations etc ...i disagree dont think aim has the moral standards we expect ..and companies get away with hiding alot more than we think...but time will tell
So basically cascade are locked in at a higher sp now so not much they can do ..without losing money ..so will hold till they can recoup as anything under 11p is a loss for them on their millions of shares...pretty much ?
or we should say to gt your fired ! Lol
yeah mm agree ....the whole company doesnt help itself ..really need to sharpen up if they want to hang on the main market ...everyone is positive mobileye and the integrated companys also must be ....until we see hard cash we not going anywhere ...as gt has said it a few times now and has yet to deliver ..so the issue of trusting his words is starting to wear out .....big few months for him and us ...he will look like a spanner if he doesnt deliver for servision.....
Haha either one !! Yeah mm ... comes down to it its money management ..this game only about the money ..got to protect the capital first.... so i will be doing that here .... unless gt is a man of his word and delivers.
Only thing that would change my mind is a significant contract .... i dont think a million pounds worth is enough ...i think if its in the 5 million to 10 million region then i will hang around as the sp has plenty of room to move of the back of that and we have no money worries for a while ...lets see said end of year ..hooe sev has a nice christmas present for us all.
I have too much invested to risk leaving now that cascade have gone cold ..Now looking at a short /medium term spike to de risk my investment .....Of course if i can re invest here for long term that would be good .. but the takeover /cascade/mobikeye theory i had has proven it seems to be wrong ...so ive got to sell when i can then of the back of news most likely ...look at a re entry if it is possible ..imo etc
Okah ive given up now options rns not coming ..throws my thinking off ...waiting till end of year for gt to deliver something
very good point morris with tech companies the problem isnt the product or the the tech that can be world leading its about shifting it and enough of it to make money ..... ive said many times sev needs to sell more 1st..... to be taken seriously by everyone...we dont sell enough ...we need to turn the links and pilots into solid revenue
I can only talk about myself and my investment but if it helps this is my thinking ... got to think we 2 months almost from year end and 4 months away from it being a year since this big casvade investment .... big deal was made of tenders that could fall into 2017 along with the move to main market and nee business model with mobileye so im sitting tight for now ... selling at a loss doesnt benefit me ..when i do think this will rise significantly of the back of a big contract ...we have to get them 1st ..... heres hoping we do get that rns before market tomorrow think after that its very unlikely after what the guys have explained here today.
guess we will have to wait for a update or results for clarity on that ? i have the slim hope of a rns still before market as thats what sev does..... maybe bit of denial as i was 99% sure the options was going to be taken ..hard to accept when get it wrong i guess
okay thor that makes sense ...i would only expect sells as we are over the due date .... guess maybe some people are still confident as putting down 5k when the expected news hasnt come is either very brave or very risky ...guess we will find out for sure this week. imo