Buys/Sells may just be traders trying to get their 10-20%. These trades don't normally tell you what's going to happen beyond the next day or day in a distressed company situation like this. It's just a gamble really. There were a lot of buys on RMM from 11p ish as I recall and that one got suspended and likely going bust.
I have seen someone on these LSE boards, not in this stock, when faced with the constant posting by a bitter poster, he would do the same on that poster's stock boards! It seemed to work for him. This poster is particularly fond of HUM and very defensive of any negative posts there lol! Yet he is the resident troll on this board.
The pump and dump crew are back.
I have the enterprise value at around £110.32M and it seems the company will be using more of the debt facilities available as well. It is also forecast to be loss making for the short term (next 2 years forecasts that I have seen maybe longer?).
It doesn't seem so cheap then as some are making out.
The low market
Helpful press correction supporting the OBD study results.
https://fullfact.org/health/prostate-cancer-testing/
Always the same with traders looking for their 10% trade and talking down a share. Why spend all day posting on a share if they have no faith in it. So obvious what their game is.
All companies involved in mining operations/processing undergo problems. At least we can have more faith in JLP to solve these issues than some other companies in the resources space and from the RNS it was clear that many of the issues have been addressed with improvements made to allow future operations to expand which is a positive from these issues they have experienced.
It's also about what the company might look like in 2-5 years time and these prices are unlikely to be available in future.
Have you lowered your expectations now?
In your 28 December 2022 post you were busy ramping this one to the hilt and not holding back. A £1 billion valuation by the end of 2023 which would be around a 1300 % increase from today's price. Perhaps you should look up the definition of an idiot, a term you like to freely throw at others.
Wish genuine lth all the best.
Shpunken
Posted in: POLX
Posts: 3,792
Price: 61.50
No Opinion
Amazing SP28 Dec 2022 11:14
Perfect for ppl to jump in at these lvls, placing won’t take place below this sp.. happy with the progress so far, hopefully from here on we will see us moving forward quicker.. orders rns will blow the roof off.. potential is crazy at this point and won’t surprise me to see an mc of £1b by the end of 2023
Also this one today.
https://pulsiv.co.uk/news/pulsivs-distribution-network-expands-in-to-south-korea/
Agree with most of what have said PYUECK.
Although there is a lot of promise, sales are not proven yet and similar companies have struggled to make any real breakthrough despite very promising, groundbreaking or innovative and novel technology.
Lots of examples recently including AGL, BELL, STX, DNL etc.
It's not to say that a particular company will not succeed. It may well do but it is not the quick process that most investors expect; it's a hard slog and there are no guarantees. More finance will often be needed by these types of very early stage companies.
Difficult to know which companies will be successful and which will fail. Takeovers are uncertain and with depressed share prices not as high as investors once expected.
Thanks for the link Safaniy.
Great to see the tin production costs come down so much. I think these costs compare very favourably or are similar to Alphamin's costs.
Shaping up to become a great mining company with enough mining of resources left to carry on beyond most of our lifetimes!
Nice to see you here Rivaldo and I can see from the stocks you invest in that you only select the best high quality companies out there so good to see you here also.
https://pulsiv.co.uk/news/pulsiv-wins-2022-power-conversion-regulation-award/
Good to see Exscientia having a good recovery on Nasdaq.
https://www.mining.com/web/are-metals-headed-for-a-golden-age/
https://www.bbc.com/news/uk-scotland-scotland-business-64304254
Yes moniman it does sound like he bears a grudge.
Yes S_T and another earlier on.
You can't read it seems as well. I gave you the source of the capital light comments and it seems you don't listen as well go listen to the presentation again.
I can understand the frustration of lth on this board when you have posters like this and others who don't have anything better to do than clog up share based discussions.
Yes we got your point about the distribution but there are other opinions.
If you don't like it go elsewhere. Lots of stocks available!
I disagree. Happy to receive a distribution.
A capital light business model and they have more than sufficient funds to expand for the core business.
There was £0.9m of physical capex in H1, which is small so "it is a capital-light, know-how-heavy business model." (from Stockopedia analysis).
Any acquisitions will most likely be bolt on so cash they have and will build going forward through cashflow is sufficient. Acquisitions not likely for a while yet so why keep the cash? The presentation explained this well.
We will have to disagree.
Also recommend as a buy by Stockopedia.
In the presentation the company mentioned organic growth being the focus as they have many opportunities to go after. Acquisitions was mentioned and the company said not yet.
The company does not need to spend a lot on capex as it is a low capex business.
In that scenario a capital distribution makes sense. Investors don't like to see large piles of cash on balance sheets not doing anything.