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And this is exactly the point, the underlying issue is very confusing. Meanwhile confusion pushes down the share value to new lows, and make’s existing shares undervalued (along with insiders selling, imho because they knew what was coming). But…. fair price is estimated double the current price…. So the position of the bargain is in the existing shares, not the new issues, it could be argued. This will wobble, but IMHO it’s undervalued.
Now now … less on the fish….
Totally agree. This is a mix of poor management and the economy, no doubt. The output of information was shocking, and the decline downwards sniffs of people knowing what was coming prior to the share offer.
Hear you, and understand. I think the fundamental issue is that the business has had to respond to a terrible Government coupled with fast-paced and significant interest rate rises, add on top the increased cost of borrowing, and you have the perfect cash flow storm. Don't disagree that information out of the business has been poor, but this stock is undervalued at present, can see it getting to 90p, then not sure what it will do.
Mickey Masters? He still here?
Agree fully, exactly Josey. Expecting this to wobble a bit more, drop out some of the day traders and then climb neatly upwards, and pretty quickly too. There were a few chunky trades today, 100k, 250k, 250k. 400k all floated past at some point, buys, sells, who knows…. But to sell, there has to be a buy. It’s looking very positive, a good busienss, a sound track record, just some poor PR decisons poorly managed. I’m in. Good luck to you.
This is exactly the issue, the whole situation is one of confusion which could be argued has contributed to the drop and bounce along the bottom... but then the opportunity is so few realise just what a bargain this is, read the reports, fair value right now is suggested as 0.87 - have no doubt it will go higher, but as ever, patience and time is needed.
Thumbs up!
:)
still here (six years now)... very much a long share this one... just bought a stack more.
:)
Was a chump!
Smal talk ;)
Hloody Bell...What a load of toilet wipe posts this weekend! $30 a share US rumour. Seriously dudes, no need to pump.
Amazing Bear, well done.
Everyone who posts here has a story. £100 is a lot to some, £10000 is a little to others... everyone makes the choice for themselves. Every situation is unique, to do well a share needs both sellers and buyers, with different entry and exit points, thats what defines value, research, commitment, targets, risk...
I, for my sins, am still in, on a free run... and looking forward to Tuesday, whatever way it goes, who knows, but it’s nice to read stories here where good people have finally made their money back, and done the right thing for their situation, which is right, always right.
Not here to judge, here to say well done, good luck!
Wave :)
Ctag... aberdeenscams big “follow me” scam... ctag was hardware tech that was already done as software on a iphone/android device already in peoples hands...
What’s the weather like in Aberdeen?
> seen more than a few posters posters who talk 100% cos until just before results and then do a 360 degree :-)
Yes watch nbuls do this - does make me smie
You working Sunday nbuls1? Double time?