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Yep got most of that and it was actually me who coined the many man name many moons ago when he was noticeably more moany than he is now. Yes the "if" made a bigger impact than you'd expect
Speak english
Why on earth would a new CFO turbo boost a share price, never heard of that happening before
Have we got a new CFO yet? Extremely worrying times, hope TLY can make it through this
If you still hold UKOG, take a good look at yourself. It's one of the worst companies I've EVER known on aim but it's also so blatantly bad that it takes a special kind of person to be invested in it.
Whilst it won't really be a shock to those that properly follow this share, JP Morgan just announced they now hold over 5%.
It will be interesting to see if subsequent ones come for 6% and beyond and it could well be them behind all the current strength
We already know it's 4.
His first post here was many moons ago saying he had bought in, six months later he'd sold for a loss. He's held Toy for over 10 years - looks at the price and see how much he's lost there plus multiple top ups on the way down and it's at an all time low.
He can't understand the difference in the two companies; their offerings, their business model, their market position, their revenue, P/L and market cap
you do realise resigning is a far worst sign than her being sacked?!
her being sacked = problem with her
her resigning = problem with company
it's an extremely worrying sign when a cfo leaves with immediate notice. combine this with 1gws fantastic knowledge and insight and those shocking figures from moniman and ask who understands accounts better; you or the cfo who just left?!
staggers me how many people invest huge ****s of money but don't think it's important to understand the accounts - the very lifeblood of a company
I hope you voted before you sold sharky
Too many red flags not being addressed. The board seems silent on every concern and the posters here have no answer for it. Short term liabilities so high and huge red flag in the fact they have a SINGLE CUSTOMER in the NHS.
What does this mean? Wafer thin margins and one wrong move and the entire business is gone overnight
As the vote is now active, I presume any shares bought now no longer have the right to vote either way?
Hahaha "why didn't the company pay for it themselves when their clients offered to pay for t for you"... Damn you're getting desperate. You must be fuming after weeks of banging on about 28m only to wake up to 37m, would have paid to see your miserable little face
We'd all see the funny side of Cathal bought out a distressed TLY as his next project though
"We'll know tomorrow (update) if they publish an up to date cash figure, as of 31st December 2023."
Oh we certainly will ;)
Woe
Voted no, obviously.
That vote came around a LOT sooner than expected and seems those dreams that the lowball offer was designed to draw out counter bids was just wishful thinking, unless they intend/want this to be voted against and have It ready to do so
It's not a bad idea to be honest.
Are you recommending everyone sell up?
Short term assets - £18m
Short term liabilities - £30m
How likely the scenario is, doesn't impact how fatal it's impact could be. Over reliance on a single entity is a massive red flag, I've seen plenty of companies fail before when one supplier cut ties! Even with the NHS, the financials are troubling. Bumblebee maybe you could ease some concerns about the below? Or do your abilities not cover understanding the very life blood of a company? I look forward to you now replying again:
3.6m net debt
Large monthly outgoings
Net current liabilities 12-15m
Trade receivables £16m Vs £26 trade payables; £10m shortfall
Negative net assets
Price drifting back as expected, can't hold a rise and the resident ramblers have no answer to legitimate questions on finances - not a single reply on anyone of the points raised!!
Serious risk of a raise in and even more worrying is NHS pull the plug and go with another supplier it's presumably curtains overnight :(