Member Info for beaverburger

Kaye family offloads Prezzo to TPG. Puts Tasty in an interesting position ref possible sale or renewed focus?

Latest forecasts from JP Morgan et al are seeing oil around $90-95 pb in 2015. However, given the last few weeks and the apparent intention of the Saudis to compete with the US shale operators, I think we are going to be in for a very choppy ride. At sub-$85pb, a lot of exploration projects will ground to a halt as the US shale market seems to have based a lot of capex at $100pb judging by the latest earnings reports. It will be difficult for GTC to raise prices if the basic commodity is falling and it is notable that the 3-year contract extension does not indicate any yr-on-yr uplift in value.

All good. Onwards and upwards...

Excellent news.

It tells us that when Neil Woodford left Invesco earlier this year, no doubt he was able to negotiate his acquisition of RM2 shares directly with his former employer as has been the case with other equities eg ReNeuron. Nothing to worry about and a good sign that he is on board given his track record. Also, the fact that Invesco are still in bodes well. Following Woodford's departure they did bail out of a lot of small cap stuff into which he had previously invested.

Business is in a good position. Contract revenue recognition is a bit of a worry particularly from a forecasting viewpoint. However, cannot see any downside to this at the moment. Top -up time.

..so there is. All good progress heading in the right direction.

Nice work.

Blood test vs tissue sample? Sounds good to me. Interesting that trials has been done in the Mass. area - Harvard, MIT etc. Lots of intellectual resource in the locale.

I'll pitch in - apologies if I'm overstepping the mark here. I think the bad news is behind the firm for now. Revenues are coming back in and profitability is where it should be for a data-driven business. Once you cover you base data production overheads and labour, the rest is pure gravy. A $5m contract may be a challenge to set up but once up and running it should be a lucrative piece of business assuming that they get the staffing/resource mix right. Finals are due next month so we should have a good idea of progress - I'm expecting a return to reasonable health although I am also keeping an eye on the price of oil. If it drops to $85 or below then some of the more tricky exploration projects become unviable and this will hurt Getech as the majors scale back exploration activities. The PE is undemanding and the divi is pretty reasonable. I have held this share for just over 2 years and have topped up on lows sub-45p. I would expect the price to settle around 75p in the next few months if all seems well in the next report.

Good luck with keeping your shares for 5-10 years before market conditions improve. Given current liquidity, low interest rates and a benign inflation rate, it ain't going to get any better than it is now. Perhaps you meant 5-10 months?

This share does not soar. It is static. Range is 30-35p and has been since Warren Buffett was a boy...I'm only holding on to it because of IHT (long story) and it pays a dividend. Other than that it is the most boring share I have. Please prove me wrong....

Very good...

You could drop your average by buying at current price if you feel that there is upside to be had from this level. As always, DYOR.

Should get a nice bounce off low start

300p too low anyway.

Big sell after close and AGM tomorrow....coincidence?

Good to see - maybe some momentum upwards from what has been a depressing 6 months..

Great contract - hopefully this will be a stepping stone to similar deals elsewhere.

The half-yearly report...check yesterday's RNS.