Member Info for deepjoy

bid raised twice on pitifull volume so either we are very near to low point or the MMs holding to sells to increase margins. Either way nice to see a little blue intraday. only ruddy christmas cheer I see about :)

Indi.. I still have one :)

Seriosuly thou Cathal couldnt not have been clearer to the market earlier this year even when he took over Hvivo. Strategy was simple - cut costs and reach profitability and sell. That was as cleat as day and he has delivered in spades.

Now the investors slide have changed but not by much, still revenue / cost graphs and targets. I would love him to outline the new strategy to the market as it can't all live in his head. People are confused I think by him constantly telling us he doesnt what large amounts of cash on the balance sheet and whats to pay divis... To my mind mature companies pay divis and growth one reinvest cash. Just seems a little confusing and as both a Exac Chair and CEO ony he can let us know where he is planning to go but at present the uncertainty is leading us all to second guess what he might do and that, to my mind at least aint the best way.
Have good weekend all

Thanks both, I don't disagree about the potential for growth I think the point I was trying to make if that the market hasn't got sight of it as he hasn't set out the future growth strategy if you get my meaning. That is what is holding us back I think.

Sogamla... I agree with most of what you said hands down, but for me the sticking point is 'expodential growth' I dont think the market really beleive that. Cathal has done an amazing job in brutal management and hats off to him for that, but he is not prepared to invest in growth of the company per se'. He just takes opportunities to increase revenues on short term leases and employment contracts that I can see.

From an investor perspective the case is very good short to medium term but thereafter once any family silver has been sold, Divis paid and leases expire, then what I can't see how he can claim to be 'fast growing'.
It has been bugging me for months to be honest the paradox of his claims when also claiming he would sell the business to a decent offer!
The management actions of cutting the layers of deadwood and seeking to realise hidden assets is great but you cannot grow a company over anything but the short term without capital investment and real expansion. The Golden Goose
will stop laying and that is what I see personally in the broker forecasts and I think may influence the larger investment institutions. licensing data etc helps revenues of course but where is the real capital growth coming from long term if they aren't prepared to spend money?

Jumt my veiw of course nothing more. regards DJ

KTRB.. just trying to lift the spirits :) the Mcad on the daily crossed over on 23rd October so this grind makes june's grind look like a picnic LOL. They can only sell into volume and I am reassured that whoever they are aren't stressed sellers so I'll sit it out but agree the only thing that will move this up sustainably is a game changer. Jimzi is right thou some laughable shares being pumped atm and stupid is as stupid does I suppose.

So why am I very bullish :) LOL

Grailor.. If that happened Cathal would have pivoted way outside his stated position and I, for one would sell immediately. Cant see it myself, well i hope I dont see it .

100% agree there John

Genuine question !? The mid revenue was 30k but the company loss was 5m .. so what exactly are people expecting here when there is no figures outlined at all ? The cost of sales has been 75% for the past three years (before reverse take over listing) so not efficiency scalable so far ... I could go on but there seems little point .. good luck I just don’t see it myself

The main advantage to anyone spreadbetting is that you cannot end up in a liquidity trap in an illiquid share like this sometimes. thats the advantage although the risks of spread betting also self evident.

I think the main blockage to SP performance has been the this 'cloaked' strategic review which has been going on over two months. It is almost illlogical to announce you are putting the company up for potential sale then make an aquisition and go on interviews to talk about impending profitability in Q1 next year etc etc. I have emailed the company this morning to outline my own concerns around their messaging and strategy. Leaving a property on the market seemingly unsold for months doesnt make it look more attractive after all ..I doubt thet have any intention to sell rather to form partnerhips with big tech but given the vast majority of their share base are retail there is, in my view at least, room for improvement on their comms strategy given we are supposed to be in a red hot sector at the peak time of year.. end of rant GLA

Might have something to do with his experiences of taxes ...LOL

He was long but clearly has some concerns over the sp possibly calling his margins so he has to reduce .. the fact that he is stilling betting long for the majority is ok ...

equivalent value of 1% of the company shares I meant sorry

Its not a TR1 Mr Rednap doesnt own any shares in the company at all. He has taken a spread bet position a few weeks ago on a long trade. If the amount bet exceeds 1% of the equivalent shares in issue then a form has to be released to the market which is not a TR1 for the aforementioned reason that he doesnt hold shares .. doesnt pay tax on any gains either LOL

according to the RNS he still has 6.5m share via spread bet (scroll to bottom)

For clarity it wasn't me selling BTW :)

Well thats one sell order cleared just before open for 1.5m shares... lets hope we are clear if not now, soon.

They are keeping the bid low no doubt to clear orders but volume of buys coming are encouraging. Largest holding now and in a red hot sector I hope the company can pivot to commercial scalable growth with partners. They need to get something meaningful out to market on the strategic review, not just soundbites but some conclusions after two months.. It cant be long now ....

Indi... that previous post was a traders ramp and nothing more. The future is looking good I agree but the market is taking a break from instant euphoria on anything covid related. The SP hasnt cratered because the sellers have been patient, very patient but overall this is the longest downtrend in the companies short history. If we close above 23.5 i may get excited but at present the volumes and reported trades dont give us a clear picture as you will know. The closing prices this week will give us a more definitive view.

If ever there was a more rediculous post on this board I have yet to see it. There is absolutely no technicals / recent SP movements to support the proposition that the SP will rise fast any time soon. On the contrary, regrettably, we have been in a down channel since 21st Oct when the Mcad went red and bears took over and nothing has changed. So do yourself a favour and stop spouting rubbish or at least support your case with something other than navel gazing..

It is a good time to buy but it is a patient hold