Member Info for Crash2016

is where this should be trading and even then that's being kind. I suggest this will fall another 3.5p from here to get to a level where it can then consolidate but then they will still need to place more funds for expansion as current funds are nowhere near enough to get a meaningful business developed here. At 3p there would then need to be a placing to execute the plan but who's buying in to this plan after directors fed themselves so much meat from the last one?.

3p coming because there is now way this can trade with a Mcap at £15.33m. There is nothing left to speak of here and it's basically a cash shell, albeit a very expensive one.

But what is the company worth right now? No where near it's current share price. They need cash and will certainly not be able to raise it anywhere near today's share price. That means there is a huge amount of dilution still to come and at a larger discount. Anyone investing now is nuts and throwing money in the gutter.

You were calling pinn a buy @ 30p so I hardly think you can claim to know what good news even looks like? They sold a huge part of the business for a £1. They stiffed share holders with a 4p placing They have basically nothing of a business left They need cash rapidly and in this market what can they raise? at what price? what is this company now worth? £5 mill Mcap would be generous,. It's going down.

For the huge sum of £1 No wonder they done a placing at 4p. This is going to collapse quite soon imo. There is no reason for such a premium share price in such a poorly run company. It's more like a vehicle for extracting cash from shareholders.

Glad to see you have been woken from the bad dream and can now see the reality.

Nice to see you speaking the truth here. Serial failure and it will never change.

yes, you should have. Give it time? They need more money? so more placings but at what price? yes in time it will turn round but how much dilution just to get things on track? before it does anything close to a good deal it needs to trim all the fat and raise funds. The next placing, that's where all eyes are looking and that will determine the direction for the rest of this year. My guess is 4p will once again be the magic number.

Polish a turd. Management still trying to provide peace-meal after shafting investors. That will only happen when the losses stop and the business starts to turn around. It's not worth a 4p right now imo and today's RNS tells me they are gearing up for the next placing to gain control of their customers. What price this time? 3p? 4p? again How much will shareholders lose now?

If they raised funds at 4.2p when the shares price was 12p Then what price will they have to raise them at when the share price is at 7p. 2.5p? It's won't be as much as 4p this time. The dilution on the next placing will be sore and that's clearly what they are gearing up for if you read the following from the CEO. The Board will continue to review future acquisition opportunities in line with its strategy. Particular focus will be given to acquisitions opportunities with £2-5m revenue, 50-60% recurring revenues and local office and support centres that can be streamlined. Further dilution and placings are a stick on.

The market cap here should be no higher than £8 million which is equivalent of approx 4p per share. The acquisitions made were punitive and the loss making business they were bolted on to is not fit for purpose. They have no money left for further acquisitions and once again will have to dilute even further. This is one I would avoid like the plague because there is not a cats hell in chance they will raise funds without having to offer a huge discount meaning shareholders once again get licked.

I did say this would fall back to 4 or 5p and it's on course to do just that. Be in no doubt that when a company as fragmented as pinn posts huge loss making results like that last set having raised funds at 4.2p then the funds were to plug a gap and that's all. The ship is still sinking and the money will keep them floating but don't expect growth. They will need to spend better on the next fund raiser. They will be back uot with the begging bowl soon enough.

It's based on the fact that in uncertain times if the market falls not only one but all of MXCP's investments fall thus creating a larger than usual fall. As my names states I expect a market correction very soon thus MXCP being one that will suffer more than most.

Worth £76 million versus a Market Cap of £110 million. I think it's currently way over valued. Did Ian Smith and Tony Weaver sell some of their stock back to the company at 3.6p? Alarm bells imo

Don't take offence mate, I'm just saying what I see. Never meant to offend you. It's still got a bit to go due to instis selling for the 4 or 5p imo and like others have pointed out 4 or 5p might be a sweet spot for buying up more. gl pal

The last post of your was so very accurate. """Its an investors job to find the flaws and faults and not to be a cheerleader for failure. Very very strange behavior . This aint a football team its a massive loss making disaster. I suppose you thought the captain of the Titanic was the best sailor bar none!! ?"""

your going to wake up and smell the coffee one day imo. I seriously can't fathom why on earth you can still be positive when this has went from 30p all the way down to 3p on bad news after bad news, disappointment after disappointment. That's ten times lower than the high of 2013 and all the while the lies, misleading news flow and the increasing debt has all got worse. Your one of those that end up with confetti for your holding.

No ill intended but just take a look at what's going on? 3 change of adviser RNS in 3 months tell me that the previous ones could not do what was requested? Now why would that be? My instinct right now and I'm deadly serious is that share holders will be stitched up here. Big time. All the sign are there of a company about to go under and I'm in no way trying to troll you, I'm trying to help you. It's your call call but only the insane would be hanging about with cash invested ion this one. I have a feeling I won't need to wait much longer to say I told you so.

You can point out randy's PERSONAL wealth all you want but if it was relevant in any sense GDL would not have amassed such a huge amount of debt. Unless you are trying to say the objective is to run GDL in to the ground and then take it private for 1p per share or cheaper? Is that what you mean when you talk about Randy's wealth? because as far as this company is concerned his wealth has no bearing on GDL. I would add that monies he loaned GDL which were repaid at 8% interest would have helped him with acquiring more personal wealth for himself. Not a thing of his in in GDL though. Just a balance sheet exercise. GDG can breath a sigh of relief having got this monkey of it's back.

your last two post say nothing about nothing. All just hot air and back up nothing of what you claim. You said I twisted the information I posted? Please back that up with hard facts? Every single thing I said was true imo and today's RNS is further proof in what I've said. GDL have NO MONEY, HUGE DEBT and the appointment of a Corporate Finance co as your new adviser smells like a placing is on the cards just like I sad.