Member Info for Bostonboy14

The debt doesn't mature until 2027 so it's not true they can't repay debt..it would be more challenging if performance remained at current levels but that's not to say things couldn't improve in the meantime if the turnaround/repositioning worked.

Sale of DIS should clear the debt and leave value for shareholders. Search may be worth zero for now but there's still value in Comparison (depending on how the next 6-12 months go).

Saying there is no benefit to shareholders is just tripe and the market doesn't agree with you or your 30p aspirations. Seems like you missed out after deramping it earlier.

Behind a paywall

I wonder if our barrage of emails forced this disclosure!?

And there we have it. A profit warning. Makes me sick that this was known weeks ago. Needs reporting to the FCA.

By "chunky buys" are we talking about the two large purchases for £60k total at 14:45?

Algos?! There's about 100k of sell trades during the afternoon....some chunky numbers. Looks like people are offloading...

has anyone tried to email michael or billy direct?

what are people contemplating at this point? sell to mitigate downside or hold tight? fearful of losing a **** load of money but i always had this down as one of the better aim stories given past interest from some decent fund managers.

really not sure what to do for the best!!

I have emailed Zeus btw. It's worth a try to see what response we get, but I dont hold out much hope.

The issue we are going to have GGG is that management are going to argue that's it's unreasonable to expect blow-by-blow updates on the direction and progress of the turnaround and that they can't defend the share price without evidence that turnaround is taking effect (and they need 9-12 months for this). We will, of course, argue that they could still be making public statements like "they no of no reason why the share price has collapsed", so a lot depends on perspective. I'm deeply frustrated and sat on a £20k paper loss. I'm starting to think there is some undisclosed short activity here, to what end I'm not so sure..probably just playing on people's fears given low confidence at present. It's hard to imagine performance is that bad that we are valued for less than we were 5 years ago when we were a much smaller business with far less potential. Something is awry, I'm just not sure what!

Under £20. No chance.

Can only dream of £2.50 🤣

There's basically a two year window to turn the ship around assuming there is nothing catastrophic in the meantime.

As time goes by, it seems someone was acting on inside information a couple weeks ago. I suspect the turnaround isn't happening as quickly as anticipated so someone moved quickly to get ahead of any possible announcement given how markets react to short-term misses. It's a brutal environment if you miss targets against a backdrop of bad decisions.

There should still be a valuable business here but suspect it will need some sort of breakup to realise value. But I suspect that value will be closer to 70/80p than a £1 if there's a transaction in the near term. Anything more and you're probably looking at 2027 onwards. One of those where patience may be rewarded.

This all just goes to prove how short-sighted markets are thesedays. Takeover offer was £8. We've now fallen back another 20% because theyve decided to invest in innovation to preserve growth in a world where AI is going to change most industries. What would markers prefer? Should they just standstill? Hopefully we will look back in 5 years time and this will either be £15 a share or taken over for a decent price in the meantime.

Talk about hyperbole!

I think that’s a bit too negative. The latest results showed the business was still generating strong cash flow (around $99 m last year) and keeping leverage modest at roughly 1.2× EBITDA, so it’s not in any immediate financial trouble. The reported loss mainly came from a one-off, non-cash impairment (the Shinez f@#@ up)

The business is definitely in transition — especially the Search segment, which is being rebuilt after big changes in monetisation models — but the higher-margin Domains, Software and Comparison units should still be growing and now make up more than half of net revenue.

The short-term picture is mixed and a lot is riding on both the Search pivot and maintaining Domains and Comparison growth, but I can't see how the company is “prolonging the inevitable.” It’s a reset story with both risk and recovery potential.

I hope you're not playing on the angst expressed on the board recently. Many of us are legitimately concerned about the inexplicable price action and naturally that leads to speculation. But suggesting this is in some sort of doom spiral with management raiding the biscuit tin until the music stops is an unfair characterisation.

If you're not invested or planning to invest there's probably no need for you to be here?

Seems we are trickling down every day at the minute. Back to the 50s. Can't wrap my head around it when so close to having FID.

Doesn't look like we are going to get a response from anybody. It's either the share price has moved either because insiders are aware of the trajectory of performance, low liquidity or price manipulation.

They promised 2026 would mark completion of the turnaround, so if it's miles off plan then on my view, heads must roll. It's been a sequence of bad decisions for 18 months which has destroyed value. They've already lost the confidence of the market, so they should get one chance to put things right or step aside. Guess we won't find out now until February.

Sent but no reply!

Pretty muted share price reaction - seems FID will be the next big catalyst (hopefully).

Hold on a minute, where have you sprung from? 20-30p...what on earth are you talking about?! At least if you're going to troll a discussion board at least make an effort. Byeeeee

It's starting to look like a bargain at this price but knowing my luck, I'd double down and the next day there will be a profit warning. The lack of comms is forcing me to err on the side of caution. Hopefully I'll look back in a couple months and wish I'd gone all in at these levels and made a small fortune.