Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Dead cat bounce over 22p incoming hard now I think good point about Morgan Stanley downgrading who in there right mind buys a share ABOVE the target price... insane
Shein and primark knocking the sox off boo right now as well its the perfect storm
this stock is speculative in nature. Polarean is not expected to be profitable anytime soon. For 2023, the company is expected to post a net loss of $14.3m. Generally speaking, unprofitable companies are risky investments. One reason for this is that they are hard to value accurately.
Meanwhile, the company may need to raise capital at some point. Earlier in the year, management said the group had enough cash to last until 2024. However, it is burning through its cash pile. So I would not rule out a capital raising in the not-too-distant future. This could put pressure on the share price.
Girdz is a excellent poster here
I'm no fan of JD as have pointed out numerous times look what mess he's precided over now it just never ends with him I don't know if he's incompetent negligent or both
That said he must have known az weren't ponying up and I do expect he will have been ramping up efforts elsewhere I would be surprised if this doesn't get settled quickly and bids move on and sell even more without AZ. One positive is that the demand is there. They invoiced for 9m
9 million. Company market cap is what 25m today so do the math on that
I think when dust settled bids rallies as this is a bit silly this price and that's coming from me which should tell u something
Bids need to address share price ASAP else vultures will be circling to buy it cheap there's no doubt the tech is excellent and IGA is on the verge of going mainstream.
I still think UK consumer particularly is going to be really tightening there belts after Christmas and that boo will issue another profit warning at least.
I also do see the likes of Shein providing better choice and cheaper clothes. My daughters and there friends are all about Shein right now and maybe ASOS. Ask about, ask ur own friends and family were there ordering from if there ordering at all now and I'm telling u boohoo ain't nowhere near top of the list.
Primary & Shein are where girls particularly are shopping now. Just because this looks cheap cos its way of its high doesn't mean it is. That is a big pile of debt and unless the company are using the cash to pay it off then there going to be some almighty interest payments on it due
UK Revenues down 4%
International revenues down 17%
Gross margins down
And then there was this little beauty: "Outlook and FY23 guidance
As a result of the impact that the macro-economic and consumer backdrop has had on the Group's revenues in the first half, our expectation is for a similar rate of revenue declines to persist over the remainder of the financial year if these conditions continue"
Well, have things got better or worse since we were told the above?
I've told yall before James just ain't up to the job. He's selfish dishonest greedy and naive.
He as delivered FA shareholders value here since IPO. A total shambles. Hell be gone soon there's just too many eyes on bids and people with money and power circling
Who owns the debt??
It is a big deal because with sales plummeting that cash pile will be falling and so it is making up a bigger percentage.
I don't see how boo get through the near future without at least 1 more profit warning as well
I can't believe the debt here it is eye-watering
I've just been looking on boohoo and not only are their massive discounts across the bored but the choice is cr ap compared to likes of ASOS and Shein both places were I am hearing friends an family are buying more and more of there clothes from
River Island having a major sale now so is NEXT ect
It is a bloodbath out there. Energy bills about to go up again and people have spent at Xmas. Bottom line is the next 6m are going to be really REALLY rough here. I can see another 40% drop to somewhere low 20's
Isn't there a aim rule that says results have to be within 10% and if not then a RNS must be issued because the silence here i am finding quite bullish girdz. I respect ur view above anyones on here. Has Draper actually cracked it this time? There has definitely been an increase in ads through H2 so they've done more revenue than H1 100% sure how much is the question
No target at all these boreds are pathetic I've already said am interested if I was trying to get in cheaper would I admit that no?? I think not.
Am trying to learn a bit so how about playing the ball instead of the man.
It sounds weird to me that xenonview hasn't been evaluated for use with lung perfusion so can we talk about that or you guys just want a echo chamber were everyone talks about how amazing polx in every post?
Xenonview hasn't been evaluated for use with lung perfusion imaging though
https://twitter.com/macclesfieldbri/status/1608047903053946881?t=ZnOvDN1rxn-c2rskQ8OHwQ&s=19
Good point Andypa this is what I mean when I say long road ahead and why the share has popped n dropped on FDA news. Good news positions them well of course but 100m+ market cap you can say this approval is well and truly baked in.
Until sales volumes become visible or they get insurers to cover it etc im sorry to say these will keep burning at a million or more a month until the cash is gone.
Lot of potential but these are years away and that's why the clever money sold on the spike. Its been a buy the rumour sell the news stock but one I watch with interest just not prepared to buy right now
Potential is huge yes I get it and agree
For those having a go at me all am pointing out is until any of this Potential is turned into actual profit then the company is burning a million quid a month. Need to see strong turnaround in the accounts not just a few measly machines sold here or there. I am skeptical it will happen this year not cos tech isn't great but because company need to get out market it and sell it in what is probably most difficult economic environment for a generation.
Good news is company's cash position should see it through 2023 unscathed
Lol this is the response I get for asking legitimate question ok lol ur not emotionally involved much then
Sadly I've seen this type of behaviour on many other boards and seen some rather marvelous stories about what a company is gonna do and people pointing to big name backers etc...
Until it shows in the financial results its just more jam tomorrow. I will keep polx on my radar but its not a investment right now ur all just here hoping for sales.... during a global economic downturn