Member Info for Fusion98

Bought 1286
Sold 1415
Gap at 1305 to buy back

When oil reached high values fracking in the USA exploded reducing the percentage of market for the Arabs, which in turn made them turn the taps on to regain market share, which reduced the price considerably then covid hit. If the price of oil goes to $80 to $90 dollars the same thing will occur only this time it will benefit renewable energy and cars reducing market share for oil products.
People are still dying, people in the UK are not yet back at work meaning redundancies have not yet hit the market. I see oil remaining between $50 and $70 for this year based on my personal opinion.
Good luck with your investments, I could be wrong.

bought 247.09
sold at 304
will buy back on retrace

lol
Pastyc, oil is NOT going to hit $80/$90 by summer, stop posting rubbish

Sold @ 274
Might come back if 252 is seen again
Fusion98

Unilever is a good company that has been slightly hit by Covid and the market has over reacted.
Bought £20k with a target price between 4700 and 4800
Probably take 12 months
Fusion98

out at 294.
11.6% profit in 14 days.
A profit is a profit
Will set limit order to buy at 263
Fusion98
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entry price of 260.5 with an exit target of 300p or close to it.

Anywhere between 6 days and 6 months. No one can tell in these crazy markets.
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Fusion98, re your 300p target, over what timescale?

entry price of 260.5 with an exit target of 300p or close to it.

For those LTI getting worried, please read this article.
https://kalkinemedia.com/uk/stocks/industrial/what-led-to-a-sudden-fall-in-bab****-lon-bab-shares
The new CEO David Lockwood has only been in the job 5 minutes and already hired a raft of new people in top jobs. The lack of a report into final year results is spooking some investors but its normal for any new boss to blame all the faults on the last one, so i would expect Q4 results to be quite poor despite it being the highest in regards to revenue. This in turn may lower the price however once its out the way everything else is gravy. The aviation industry is starting to come back and Easyjet have reported a 250% increase in sales for this year. Covid is not over but the world is waking up to the fact its not going to end. Give this share another 6 months and it will have recovered from the current price. On the bright side debt has been reduced by £255m in the last 12 months and i am sure this is one item on the new CEO's desk to sort out.

1000 units just shy of £2 for a recovery play. Yes the company has a shed load of debt, but its not due yet. Yes its sales have been hit by Covid19 but the recovery in the aviation market is starting to occur. It has 5 warships to build for the Gov and while its trading update results in "need to do better" review I think the fundamentals of this company can be used in better ways, hopefully so can the Board of Directors.

True, but a profit is a profit and i had fish to fry else where.
I will be back in later, this shares trading range hasn't yet been broken with any gusto, i will probably have to wait until after results though.

I sold this morning at 1400 making over £2500 profit. Personally i see a minor fall back followed by some possible stagnation for a short while until Bidens announcement are complete and the market finds out which direction he is going in regarding oil.
I could be wrong, and if so i wish you all well in the future rise.
One thing I think is for certain, by the end of the year this will be above £16 per share.

Last reply, stop posting my name i won't be replying any more
1) Am I APfindley - no, i have one account and FUSION98 has been used as my Monika for many things. Multiple login accounts are for sad people who wish to reinforce their own mind track with self congratulations, a bit like the orange clown in the USA who talks about himself in the 3rd person.
2) Why do the drawdown and/or why the RNS if GCM is not going to relist?
The RNS is a legal requirement as they are only suspended they still have to comply until delisted
If a company only has £300k its not enough to relist and continue as it will be a short period until the process is repeated.
Look at the type of loan that POLO provided to GCM and then google "company creditors priority", its below to make it easier.

If a company goes into liquidation, all of its assets are distributed to its creditors. Secured creditors are first in line. Next are unsecured creditors, including employees who are owed money. Stockholders are paid last

peace out
Fusion98

what like, the company is broke, the NOMAD probably won't get replaced and the company is going private?
All fully correct and proven so.
I Left as this company is done but you keep trying to provoke instead of asking yourself questions about the company.
The level of denial in people still thinking this is going to be relisted along with POLO is breath taking, your sounding like the Trump supporters raiding congress saying they stand for democracy. Who says Americans are stupid and don't get irony?
GCM => ITS OVER, ITS GONE, YOU LOST, GET OVER IT

I'm off to make money, I'll leave you to cry alone.
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Funny to see how quiet Fusion has gone though spouting rubbish.

out 279

while I hope that something is resolved for LTH i don't think it will be
I don't like to see people being fed lies giving them false hope, i prefer to be straight up.
all the best
Fusion98

Jazzer
GCM is suspended as of 8am tomorrow morning
They have 30 days to find a new NOMAD or they will be delisted
Any shares you own as of now can only be sold back to GCM directly unless a NOMAD is appointed.
Fusion98

And Frustrated Fusion will be gone
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Anallube i won't be gone, i'll be right here watching it get suspended
HIAB is probably reliving his stress with his sock

1)As GCM does not yet generate any revenue, the Board expects that the Group's operations will continue to be funded by a combination of equity and debt financing.
2)Continuing for the foreseeable future, the Company's cash expenditure is not expected to increase and, as far as possible, obligations to key stakeholders will be primarily satisfied by the issue of new ordinary shares in the capital of the Company ("Ordinary Shares"), to both incentivise those stakeholders and preserve cash.
3)The Group recorded a loss of £1,515,000 during the year ended 30 June 2020
4)Administrative expenses were up by 37.7% to £916,000 for the year
5)the Company currently has approximately £105,500 in available cash

the section you appear to have skipped over

the Company would urgently need to secure additional capital in order to continue as a going concern, which may not be available on terms acceptable to the Board or on a workable timeframe.

So tell me HIAB - which part of the above is a lie?