Member Info for D14M0ND

Because it’s hard to polish a turd

And does it matter?

With revenue of $10m and losing £5m ($6,5m) it isn’t going to make any real increase to the cash position but the cash outflow with still be £400k per month.

They should place before the end of November or else extra pressure will be out in the SP

Afternoon Todster - long time no here

Have you not posted for 4 years? Anyway hope all is well bud

I would have a look at some of my posts from yesterday all based on numbers issued by the company.
Lakshmi888 chart falls perfectly in line with my expectations

Would suggest you look at the numbers as a large raise coming at a discounted rate over the next few months. If not, you may need to change your handle to LosingMore

Might explain a lot then NE

But good luck with your investment but a little bit more research may be required - unless you are trading it hoping for a bounce which could arrive but see 0.2p first though

Wouldn’t worry about it kitkateat

His pumping isn’t working as 3.5m shares have been sold since the last reasonable buy

They may work it out eventually ERV

Just £10m yearly revenue and they may be close - currently around £1.5m tops for this year

Oh dear Mav

Look at the last interims and Topple are losing £1.4m per year

The 3 year contract in the first year is worth a maximum of £1.2m - even at 100% profit it still will not be profitable. This will be lucky to generate £200k gross profit and so Topple will still be in a yearly loss of £1.2m

If people keep misleading here,in will continue to post as complete rubbish is posted here.

But good luck Mav with your fantasies

Yep - 4% up

Just 118% to go then Brainer 😃

In 9 months time, after losing all this money they have raised and probably turning over £1.5m and still losing £1m per year, I am looking at this in an optimistic view.

As it will be losing too much money I feel the MCap will get down to £1m when they raise the next funds. This would give an SP around 0.1p but I feel that is still optimistic. It could easily get back to where it was at £425k MCap with an SP of less than the nominal value of 0.0667p and be 0.045p

So you can see why Miss G and myself feel there will need to be a consolidation before the next raise. Sure Miss G and a few others will still be monitoring this as has been done over the last 30 months

Pointed thie cash position out on 14th September

Firstly the raise only was £1.97m net plus £81k I think so £2.08m but I am sure the payables are quite high with the receivables very low. My view is the overall cash position is around £1.85m and take out the payment owed to DB gives round £1,4m

So they have realistic cash of £1.4m, with a turnover this year ~£1.2m and losing over £1m a year and still will as no benefit for at least 6 months for the £3.5m contract over 3 years by which time most of this money will have gone.

So in say 9 months time, no cash, yearly revenue tops of £1.5m and still losing £1m so way overvalued in my view

Someone borrowed money or tied up in a placing in another company and dont have the cash to cover all their portfolio and commitments

Well buying just under £20k is neither here nor there. Very similar action RP performed a while back to try and show confidence. Doesn’t work for me though so you got in considerably lower than RP 😀

Still personally do not trade bounces as i do not have that ability to do this in an uninvestable share but as I said, I hope it works for you.

Good luck with the trade K3VMC - hope it works for you

At least your trading and looking for a bounce - way too early to look at this as an investment.

May end up closing blue

FFS - not a cat in hells chance with a profit warning and pretty much announcing a placing is in it way before the end of the year.
They could leave it to early next year and not pay their bills again and lose more good customers though!!

It was $1.6m - $ not £

Yes I said £1m but couldn’t be assed to calculate it but around £1.15m

So may be less of the sarcasm

https://www.investegate.co.uk/audioboom-group-plc--boom-/rns/trading-update/201810040700079128C/

Only £1m left - losses expected to be around $5m
Feel a placing due around 1p for around £5m before Christmas - not performing as company expected

Well you made a decision to sell by looking at both the bullish and bearish views. Clearly over the last fortnight you have looked at this in a little more detail after looking back at your comments in mid September.

I hope your decision you made is correct but am sure there is less risky trades elsewhere. I say trades as this should never ever to anyone be an investment. But good luck though elsewhere

You are clearly beyond help Brainer

I have been bearish publicly on this stock for 2,5 years since the IPO at 8p - and suddenly I should but now - oh dear

I post - I am deramping and asked to stop as I’m not invested

I stop posting and apparently I have bought in - if I was stupid enough to buy in Brainer, it would need to at least bag for taking the silly risk with my spare cash and not looking for 5%

I then get criticised fo4 repeating my posts but clearly I have to as your memory seems very very short. The information below is what I posted on Sunday. Even if it got to Scully’s buy in price, I would not trade. But here is what I said Sunday:-

Sun 12:38 - GAP TO FILL TO 0.2p

Excluding the fact there are terrible fundamentals in this POS, there is a gap to fill to 0.2p from where it closed on 28th August and jumped straight to 0.33p on the 29th due to a ramping RNS ahead of the placing

Once a stock has started to fill the gap, it will rarely stop, because there is often no immediate support or resistance. So let us watch it drop back to 0.2p but personally, overtime I do not think it will stop there.

Well the top of the gap is 0.33p and the bottom is 0.2p

But just for reference regarding To Fill or Not to Fill a Gap

When someone says a gap has been filled, that means the price has moved back to the original pre-gap level. These fills are quite common and occur because of the following:

1) Irrational exuberance: The initial spike may have been overly optimistic, therefore inviting a correction.
2) Technical resistance: When a price moves up sharply, it doesn't leave behind any support or resistance