Member Info for Ecofriendly

Not trolling anyone but Pearls by their own admission made a disastrous error by forgetting to not invest more in a stock than they can afford to lose. It would explain the ramping - growth stock apparently, 40 million in revenue next year and paying dividends- and the truly bizarre analysis.

The rot probably started in 2016, 11 years after incorporation when disco Dave was ousted over pushing the growth strategy too hard. The backlash reversed that and that was a mistake in hindsight. I really wish this company would have succeeded but ‘first to market’ syndrome struck. They just couldn’t satisfactorily commercialise a decent enough product. DR has a lot to answer for. The numbers don’t lie and those of us on the outside only have them to go on. Let’s be generous and just say the ‘hyperbole’ was misplaced.

Did you ask Pearls ‘valuable’ opinion before putting that last post together. I would have though some humility would be in order given the abuse you have levelled at me and others for posting the obvious about this company.

Well JG, the penny has finally dropped. Whether your self actualisation moment was drink fuelled or not, it’s quite insulting to equate Hastings posts with Pearls since only one of them was talking rubbish ( it wasn’t Hastings).

Pearls, you also thought they’d do 20 million this year, 40 million next year and pay dividends.

A reminder of some comedy gold from the resident rampers. In response to another contributor - “Oh Glasshoppa, what will happen with this company?” Pearls replied as follows ……..

In answer to your question: yes, $4m for Q2 will be an excellent result. But I see the $7m they did in 2024 transforming to at least $16m - 20m by year end 2025 as they evolve to a cash flow positive position. As commented before, I see further similar growth next year as contacts and business evolve. This is a fast growing business, it is just not obvious yet, and many will not believe that one quarter's results are indicative of the rest of the year. Once they see similar quarterly growth in Q2, Q3, and Q4, I do not think the shares will be at 26p!

Looking for a 2026 booking level of around $20m more than 2025 - i.e. more than doubling for next year. Obviously some will regard this as heavy going, but CRTA's technology is ground breaking, there's a lot of demand for it, and you are going to start to see the business firing on all cylinders as we go further through 2025....

At 26p it is a one sided bet.

No , Dick. Not at all. I’m not up2date. It’s simply an opinion. Perhaps a better comment would have been. What fundamentals are driving the share price.

The answer is none currently. The results were awful.

This is a classic dead cat bounce.

The psychology at play here is fascinating.

Up2date, is there anybody you’d like us to contact? Your mum? The Samaritans?

And you may be right Optimist but - does CRTA have competition? Can this competition offer a similar product that fulfils customers requirements? Can they do so this at more competitive rates? Can they absorb losses or practice economies of scale in a way that CRTA cannot?

If the answer is pretty much yes in all cases then the investment case for CRTA is gone.

What is surprising is your misplaced trust in SK and that you are surprised at how this has all turned out. He has had a difficult hand to play but a CEO simply cannot behave the way he has over the past 18 months

Spin and hyperbole has been part of CRTAs culture for years and this has been swallowed whole by some. As the market is forward looking the price is a reflection of how it sees the company’s prospects. Some very difficult months ahead for those who choose to stay invested.

Yip- the cash position needs to be clearly understood. It’s 6.1m- the other 1.3m is only owed to them- an important distinction given the company’s very vulnerable position.

Maybe it doesn’t have to as it’s on AIM but there’s very little information to go on - how are the figures broken down, what are the wages & salaries costs, etc etc.

There is also the issue of the FCA investigation still ongoing. Who would have thought that it could be the least of their problems given there is a question mark over whether CRTA will still be trading by the time the findings and fines are announced.

Now that we can draw a line under the ridicule & demand to justify our views to JG, Pearls et al, the question is, what next?

Market cap seems high given these results & SK alluded to issues with the product previously but where or what is the market opportunity for the business? Can it be a leaner, agile company that will rebuild or has that ship sailed? I suspect sub 15p based on the grim results is looking likely without news of cash rich contracts coming in.

Truly awful results and totally predictable. Income mainly from selling the family silver and savings made by having cut the workforce by two thirds. Perhaps less abuse, more realism and a higher level of debate on this Board going forward.

Pearls is the only person who disproves the adage - ‘’even a stopped clock is right twice a day.’

Results were issued for the quarterly and half yearly periods in late July and early Sept in 2024. I suspect they’ll not be rushing to reveal their ‘stellar’ performance anytime sooner this time round.

Up2date- wouldn’t worry about it little man.

Most will be taking a break from this Board and off on holidays with the money they haven’t lost on this stock.

We’ll send you a postcard.

Pearls/up2date, I realise I’ve been wrong in my interpretation of this stock. I wish I had jumped on on the back of this rns. As you point out, yesterday would open at 32 but to see it rocket as it has into the 50and 60s as you both predicted - well you were right. Hopefully we’ll get the news on being cash flow positive and the dividend payment announcement soon for this mighty growth. As JG said, thank you for your wisdom Pearls, and if you have any more share tips based on your brilliant analysis, do share.

In terms of maximising shareholder value SKs tenure has been a disaster. If he was a Premier League manager he would have been released from his contract but tbf he wasn’t dealt the best hand when he took over.

The six figure salary will have helped but ultimately a very poor performance overall.

Pearls - “the share price has held up remarkably well over the last few weeks until very recently.”

The share price has fallen 38% over the past 4 weeks ( as I predicted). When are you going to stop making misleading statements?