Member Info for fundamentalanalysis

I never invested here as I couldn't see any reason too until there financial position is sorted,i think this is at a frighteningly price now of 58 million when they are running out of cash,i am certainly not bitter as I have done very well in the market recently,i genuinely don't see it to be honest I think a lot of people must of got carried away with this,here's the last financial position pasted from the report,be careful here. Phorm (AIM: PHRM) today announces its unaudited financial statements for the six months ended 30 June 2013. Financial Overview · Operating Losses $24.3m (2012: $30.7m) · Losses after taxation $24.8m (2012: $30.9m) · Loss per share was $0.18 (2012: $0.41) · As at 31 Aug 2013, the Group held cash and cash equivalents of $9.0 million · The average monthly cash burn for the last 3 months (Jun-Aug 2013) was $2.5m (average Jan-Jun 2012: $2.2m) At the moment the company is worth 58 million yeah right.

This was going back to 5p, i think they sold are thet were trying to deramp to get in lower, it rather smelt of that.

I guess this is going to go back to under a penny in the next few days,i may have a small dabble under 1p for a laugh to catch the next false rise.

Just moved some profits in their,keep an eye on them

Has a lot of substance for momentum much better share than here by miles

On the move again.

right back into cnel for now and back in here later at some point i know doubt

decisions decisions,well not at the moment with this momentum

4.2p

to buy wow wee

2 in 2 days,resisted from selling too early and it is paying off again.

Great if they really are now turning this around but this is what is really concerning me for now and is making me very cautious for the time being,funding could be a big issue,chicken and the egg,you need dosh to fund the turnaround. Operating Losses $24.3m (2012: $30.7m) · Losses after taxation $24.8m (2012: $30.9m) · Loss per share was $0.18 (2012: $0.41) · As at 31 Aug 2013, the Group held cash and cash equivalents of $9.0 million · The average monthly cash burn for the last 3 months (Jun-Aug 2013) was $2.5m (average Jan-Jun 2012: $2.2m)

nice little earner,as good as the news is im worried about a placing following this news,but i hope it continues to rise for you all and i am wrong.

the valuation of this company as it stands at this minute is now worth more than WSG is that right,was going to buy at 5.74 yesterday but the valuation put me off,maybe i got that wrong,ah well never mind.

the company as at 31st aug had cash of $9 million and the monthly burn is 2.5 million,so basically a fundraising is looking very likely in the near future,i may look at this company again after that but the yearly losses have been also shocking so it will have to be something special here to be pulled out of the hat to get investers really interested,WSG,BLUR,IMM,DOTD, are ones that have done me proud I think this one has a lot to prove before they can get anywhere near those sort of performances.If they survive long enough and continue to get funding though that is.

When these shares were 10p it was all doom and gloom,it just goes to show you have to do your own research and proves what little people really know on these boards and what a load of B@@@@@s they speak of .you got to laugh really sometimes.

should of been JUPITER EUROPEAN OPPORTUNITIES jeo,

I thought about selling here when i heard the news ,but hey i am going to give the new manager a chance,and why not,Im sure he will do a good job,i have money in the higher income fund as well,so i will have too watch this space,thing is though there is a lot of choice out there and a lot of good ones,im currently looking at, FINSBURY GROWTH fgt, STANDARDLIFE UK SMALLER COMPANYS sls, JUPITER EUROPEAN OPPORTUNITYS,jeo,and ACORN INCOME aif

I had a similar post like yours when I warned people about JJB and you think im trying to kick people in the nuts,and as for me coming back in a couple of weeks saying how great this company is, er I think not somehow. Still again I have to respect your opinion.

You are totally entitled to your opinion and if you think I am deramping then so be it, I think this company will be 0p eventually so I feel I am trying to stop people losing all their money, I personally think people are trying to keep their jobs going as long as they can in this company, i now have no intentions of putting anymore money in this company again One thing I agree with you , it was unprofessional of me not to do proper homework on this company when I first invested.