Member Info for Bladesman

Just listened to this . Pretty underwhelming I would say. The atmosphere and energy was flat from pmo side, but interestingly not one analyst picked up on why profit had fallen from last year which is strange given the headlines today re the results ans the steep fall in sp .

It's Zama sale in doubt. Big problem.

No good news that wasn't expected, however the Zama sale delay and even the risk of it not being materialised is a big negative and new. I'm fearing this will impact badly on sp.

With poo not helping. Going to switch off now for "le week end" and look forward to a better week next week pre results. Cheers and GLA

Thanks JW that would account for the rise in SP in the am and fall in the pm. Cheers

Re divis, pmo said when I raised it with them they were explicitly ruled out in the re fini last time. Intetrsting to see if the same exclusion applies this time around.

Volume reported today at over 13m yet only 3.2m accounted for in buys and sells. Hmmm, what's going on?

Just bought some more at this bargain price before poo lifts off. :-)

Was just quoted 1.0615 to buy 100 quids worth. Nothing going on, I don't believe.

Strange that the SP goes down if there are massive buys to close out a short. Doesn't add up.

Thanks to all. I suspect that none of us know precisely how this will play out except the cards are stacked in our favour. Just how much, we don't know.

As at 31 Dec 18 ( ie last years y.e.) PMO had an operating margin of 38% and ROCE of 13.76%. I expect these already good figures to be improved upon in this years result s together with much reduced debt levels, notwithstanding the repayment from zama sale (when completed)

Set my limit at 1.80 a while back, may have to revise (upwards lol)

Thanks JW. The positive delta of only £18m will quickly disappear, nay, go negative, in no time with all this news coming out v v soon.

The catalyst to close is a number of things :
Poo above $60,
Stellar results on 5 March (not long now )
Zama sale conclusion with better than forecast proceeds (or at least on target)
Failure to acquire any (or enough) shares in the placing or rights issue
and the rabbit out of the hat ... Charlie 1 Drill success
Would not want to be in ARCM's position with all these positive news events coming down the tracks heading straight at you like a huge, unstoppable, express train.However , quite nice if you're on the train as a LTH in PMO. Enjoy the ride everyone. Next stop 1.50 land !

Actually, it's NRIP (NOT REST IN PEACE!)

Thanks BB. I've been wrong so many times but I do really think we have now turned a corner and substantially a very investable company.

110p by end of week, IMHO.

Charlie 1 perhaps. 88e shooting up. Now that would put the pressure on arcm if that came good in Feb!

Poo down 1.5%, pmo up! Not used to that.