Member Info for DevonLad7

The next interims or trading update, needs to show revenue growth increasing, costs down, debt down and NO MORE write-offs, exceptionals, excuses. Fed up of adjusted EBITDA being used, try and make an actual cash profit for once!

It should be all upside from here, surely even their hopeless management team can’t mess up from this low level……!

Definitely some downgraded pressure, but not responsible for a 75% fall in the case of Bango. Some AIM shares have done well. Bango have just failed to meet any forecasts, they’ve led us down the garden path with hopes of hundreds of millions of revenue and delivered a fall in revenue :(

I don’t think you can blame this on the market :)

It’s been going down for 3 years while the markets are at All Time Highs

The company needs to be sold on - current management can’t run a bath! SP down at 50p, due to some horror finances year after year! Still a colossal amount of amortised IT development costs. It’s not a new company and hasn’t made a profit yet, revenues going down. It’s a mess that’s why it’s now at 50p from 250p a few years ago. Needs a competent management team and board to crystallise value.

How wrong you were, SP now 80p and been looking very weak for years. Daily volumes are 90% sales with virtually no buyers. Retail is losing faith and bored of holding this. Management have failed, too many Cambridge brains in the board! No business acumen. Nothing has changed here for years - and now SP at 7yr lows. Well done Bango BoD 👏

I’ve just picked up 2m shares yesterday and today.

Price move looks completely overdone, given the financials and H2 comments.

I just bought 30k this morning, 45k turnover so at the very minimum 66% buy / 34% sell ratio and the price falls.

All my buys were priced virtually at the bid price so it does look like ongoing seller in the background, happy to be paid the bid to offload.

I’m confident the seller is pushing the price down and it will bounce once that sell is complete and/or results updated in July.

Hi,

Will TLW ever be a likely takeover target for HBR in an effort to reduce their UK tax burden ?

Never invested in TLW and can’t seem to pin down whether they have a decent amount of unused deferred tax losses ?!?

At 52 week low starting to wonder if 35p has value.

Thanks

Apologies but can’t seem to attach the link from Sky News app.

Labour plans to extend the WFT, backdate to Jan-22 and remove the investment allowance!

Not pleasant reading…..

I’ve bought 50k over the past few weeks.

Hopeful of a decent quarterly update and I share all the potential positive catalysts that people have all mentioned on this board.

While the old highs are unlikely to ever be seen again I think £5 a share is easily achievable if dividend or jurisdiction change or corporate activity event happens. Gold seems to be supportive and hopefully production and the inventory also on the right trajectory.

I’m sure we can easily return to £2 at which point I’ll be down 30% and buying more, but that’s part of the fun!

Good luck all (longs)

Hi Wingnut,

Sorry to hear you’re far underwater. I’m confident there are much better times ahead. The new CEO is far more confidence inspiring, he seems to deal more in facts and achievable targets than the previous CEO, who seemed to love publishing RNS about customer numbers running trials which promised a lot and delivered no growth whatsoever.

I think £1 is possible, with some signs of progress towards the 3X revenues, even higher if IQE has some new contract news, becomes M&A target or simply shows signs of institutional confidence again.

I’m scared to be out sub 50p now, I think the bad news is over, save maybe one last set of average accounts with reorg provisions. 2023 should be the start of better times so I’m happy to be invested and might increase my holding in another portfolio.

Good luck and happy Christmas

I was lucky this morning - bought in early.
Have been watching for a while and wanted to accumulate a position before year end and hold for Trading update and dividend.
Has to be a decent investment under £3 ??????

Here’s hoping that all the longs get a little Santa rally before 2023 - maybe he is just delayed/strike action this year

You guys stick to your gut instinct, or alternatively send me your emails and I’ll snapshot a small part of my HL account and email it back.

Rather have that than continued accusations which detract from why we are all here. Emails or stick to the remarks about the company (positive or negative).

Sorry, I don’t buy that this is all a big government conspiracy.

Just looking at this from a conventional economic standpoint, where scare capital means all jurisdictions and projects should be evaluated on a ROCE basis (after tax).

Companies will not invest in the UKNS with a constantly changing fiscal regime where they take all the risk for just 25% of the profit. Desperate short term measures by UK Gov and unless changed will result in more oil/gas imports and lower tax revenue over time.

HBR should now invest overseas and build up Mexico/Asia production where governments want to work with OG companies to help guarantee supply on reasonable economic and fiscal terms.

Shares not £££ - sorry should have clear.

Yes I am being honest - I do not post lies. Happy to provide proof.

The continued delay to providing an audit update is beginning to look more than embarrassing! The board are showing their total incompetence.

The only saving grace is that the board invested in the recent capital raise at 30p so they are down 60%.

However, they are about to make themselves whole through the LTIP - so we can see why they are not worried, all at the expense of the current shareholders.

The institutional holders must be livid and hopefully they are providing direct feedback to the board.

MJH need to provide an update soon or they will be cut off from future capital markets.

Just bought 500k - hope it doesn’t crash back to 30p now.

Where is the year end trading update. It should be strong:
- revenues up
- positive exchange rate
- possibly net cash
- strong guidance

I fully expect a continuation of the exceptionals we have seen in past few years, as restructure and legal costs take a chunk out of the profit - but they must be running out of these costs soon ?!?!

Can AL deliver jam in 2023…….I hope so

HBR equity is 2.6bn and debt is approx 1bn so enterprise value = 3.6bn

If Neptune is sold for 5bn (assuming no debt) then HBR is clearly undervalued at current SP, but often corporate activity is the only way to realise a companies true value.

WFT has cost HBR dearly as the full valuation impact from 23-28 is taken against the equity valuation.

In my opinion all NS oil companies should negotiate with UK Gov so windfall tax only comes into effect at $100+ oil. If this can’t be agreed then companies should run down UKNS operations and invest outside UKNS.

MRC - they’ve implied it with their statement regarding high Dutch revenues.

That’s good enough for me, I think 22/23 results will show a healthy profit and they will have removed decommission liabilities with albeit a partial reduction of cash at bank.

I’m happy with that, the potential catalysts in the pipeline and the Fincap risked target price well above current share price.

Happy to run some risk with this share - time will tell MRC - good luck with whatever your position is.