Member Info for f15jcm

Why? The CEO's buying has only served to prove he doesn't know what he's doing. I'm out for a huge loss and won't be back at any price.

Jeez, what a shower. CEO's buying makes him look even worse

I've added 100k at 6.7p this morning

What's the point quoting EBITDA when depreciation (of the equipment) is one of your greatest costs?

Bid target at this level? If mgmt are as bad as people make out then new owners could replace them on day 1

Unsurprisingly trading has been a bit weak in Q3 due to low volatility. A quick look at the VIX tells us we can stop worrying about that. Looks like a gift at this level especially when you factor in the cash pile and buyback.

Given 20% organic growth this year and continued momentum, analysts look well behind for 2023, they are only forecasting 5% growth

I don't agree. Reducing the share count increases EPS and reduces the cost of a dividend. It's an excellent use of excess capital when valuations are low.

Jaywing has a lot of debt. Urge caution

If/when I look to get back into this sector I think I'll be looking at BEG as they do lower value stuff and seem to be the market leader

Need to consider than any cash position is going to bolstered by customer deposits, 10 USD/t I seem to remember being quoted in a previous IMC presentation? This isn't counted as revenue until the product is shipped but it will show on the balance sheet.

*29.9%

He owns 39.9% of Jaywing which is interesting

Blocked him ages ago and John earlier today as life's too short though it does amuse me that people have spent a considerable portion of the last 5 years talking *******s about a share it looks like holders are finally going to make a good return from. Just think of all the other ways you could have spent that time

Wasn't clear but I suspect cash cost

It was disappointing that the cash position hasn't grown since the interims. Hopefully the RNS next week will provide clarity but given we have previously been told payment terms are largely 30 days, this was frustrating

AUD2.5m

You realise selling price softened in H2 '22?

Fair comments. I'm relieved he isn't looking at any acquisitions. I can only assume the limestone project has gone in the bin as it hasn't even been mentioned for the best part of a year

No chance of accounts before late June I'm afraid