Member Info for AimMaster2018

Let's not kid ourselves. This company is operating mainly from.debt imho

Not with debt increase of 62%. Its easy to make a loss making business through debt imho

Most car companies are cutting jobs, due to drop in sales. Ford, merc to name a few. Luxury sector is struggling. It wouldn't suprise me, if this falls below £1 gla

Cash balance 156.9 excluding available facilities is very low compared to 2023 imho

Debt increased by 62%. Wow. Into the billion mark.

SK, never said 40p or £1 ever. Profit of course. The market is openning up more buy opportunities. So will watch imho

Expecting ftse to drop rapidly in the next 30 mins or soo...keep eye on it imho

Yes savage, you told us not to buy, at 17p. Managed to sell all mine on average around 21.20p. Few other factors influenced my decision, then budget rumours kicked in with leaks that can impact businesses. Alot of businesses with huge staffing, will see rise in labour cost. Which changes investment case. Call it proactive investing. Imho

It changes future projections. SP is forward pricing. Adamwoodman, just when the ftse is dropping. The market looks jittery, the most Painful budget to be announced. Country taking on more debt. Market reaction nd bond market tomorrow could be interesting. Imho

Building on Adam woodman's past post. The budget from what we know, is going to announce increase in minimum wage which the company can't afford as per the email you suggested. But are forced to give increased due to it being the law. Secondly, employer NI increase in a company that employs around 35000 people, the cost to the business hasn't been projected when doing the calculation in interim results. Could delay growth reinvestment due to unexpected cost from no where imho

AdamWoodman

'Sorry you don’t believe me. You could always ask the company to confirm if pay rises have been paused this year due to not generating cash (it’s not a secret). I’ve got the email here too. Sold my shares.'

Good luck @rock200

This afternoon likely to be interesting. We may see a sharp drop. I'm calling 18.40 close imho

Good*

If it was valued at 20p. You wouldn't have had to go round different board to sell it to us. It would have risen naturally, in fact, you would sell your shoes and your whole wardrobe, every assets you have to buy as much as you could before telling anyone if u strongly believe it was going to 20p 🤣. Its such an illiquid stock, not tradeable, lack of interest, and oil price is bearish. Not for me, Na da, nope. Goof bye imho

The price is where it is, Oil prices likely to drop. Saudi Arabia to open the taps to increase market share. Wouldn't touch this imho

@Jamesoxford, to share your perspective helped. But price action along side calling double top was the ultimate decision to reduce then sell out. However ur comments helped me bank then gains and not be to greedy.

@trenners, yes I did call double top, but it wasn't absolutely confirmed when I said it around 20.30ish. Whilst some people saw doritos and other formation. So I started selling trading shares round 20.50ish and leaving the rest for long term then having it seen it touch 21.50 I had to sell the rest that I was going to hold long term. It could have gone higher and break above 22p and could have missed the boat but charts are never given, so had to take cautious approach. Luckily it worked in this instance. I do expect stock to be little illiquid with wide spread as volume drops we head into budget. But today's decline, if you look at how the price declined throughout the day, there's sustain selling, anyone who would have bought today, would not have been able to trade it at all.

The price has gone to levels @nofear sold at. I did say, the trains going back to the station to pick up nofear 😉

Imho

@trenners, I get what you're saying, so u were over stretched. So decided to rain it in a little so you have desired holding and feel comfortable. And not play around with stock in ISA which is taken with a view of long term. Make sense!

@jamesoxford, I made clear here when I was reducing taking trenners approach then decided to sell everything when I saw the stock hit 21.5. At this point, @thecrowman made a wish that it goes higher so that I would missed the boat, so i set a condition stating, I'll message here if it drops below 21p lol but yes, I haven't invested here since, so invested elsewhere that isn't going to be affected by the budget as much. And will review maybe after the budget. I do see bond markets moving causing market volatility on the budget. We've been told its going to be painful. So they've set expectations however, higher taxes is going to slow growth and fiddling how debt is measured, may not be taken well. So just watching imho

I think 20p has become new resistant. Ideally, the best outcome would have been to have the price higher going into budget. So any bad news would have been cushioned by recent rise in the stock price keeping it above 20p. We know employer NI cost might hit businesses, its either priced in, or yet to be fully price In. But I feel liz trus senorio could play out again. Good to see @James Oxford believes the same but bit puzzling as broomtree had pointed out. Why would you stay invested when you could buy in lower. Same with trenners, whose friend sold all of their stock which today looks like a fantastic decision yet @trenners reduced and lost gains on stock he kept hold off that was just under a million shares. As for @broomtree, you were looking at whether the stock holds 20p a week? You still holding ? Imho

U sure bubble? some contracts are Extentions which shows the total value from when the first day of contract started which couldav been started 5 or so years ago. It tells you on there. All I've seen is contracts under £2m, many contracts under £200k. Nothing substantial hence no rns. So I think you might wish to look at that site again. Imho

Thank u for the update @trenners. What's worrying here, the sentiment has changed dramatically. It had took months to build a positive sentiment for the SP to get to where it did for it to get all undone back to square in a matter of a week. What doesn't help is, going Into the budget with the current SP. Is market reacts anything like what liz trust did. Then sentiment could be further damaged. Question is, are the new investors going to stick around paying above 20p. Time will tell. Imho