Member Info for hesgoingallin

Saw those. Mikie I reckon! ??

Seems like we have an AIM darling on our hands here.

I'm with you there Mikie! Maybe we need some form of weekend support bubble! :D

I used the figures available on my trading platform for June 2020 year end and also looked through the June 2020 shareholder pack. There are some minor ish discrepancies but I went with the trading platform as its most likely they are from stat accounts, but also they are already in excel.

There is just way too much positive news to be bought down by the cash concern. However I expect and hope the cash position is better, not worse, at the next set of interims.

So I went and did some research. I'm not trying to spread FUD. I have a decent holding, I'm not selling. I just want to understand risks.

We are chewing cash, it is down nearly 50% on the previous year. Our investments are down by nearly 50% too, I suspect we've cashed those in and spent that money. Headcount is way up to 205, from 19! Obviously we are growing and that growth comes at a price and money must come from somewhere.

Our current ratios are down by half as well as you would expect with cash being down.

Debtors and Creditor days are have actually improved slightly, which shows that even as Rev and £balances go up, they are keeping pace.

Good news? Intangible Assets - eg phantom assets, only form 5% of total assets when years ago they were 70%!

I will do more in depth analysis when the next interim's comes out as we are so close and a lot has changed since June 2020.

My major concern is with the company growing and the share price going one way its going to be so tempting for the board to issues shares to raise cash. I think dilution risk is one of our biggest risks at this point as they won't get to £1b+ without more share issues as the growth cash will have to come from somewhere.

Its hard not to look at Revenue and see that we 5 years ago we turned £1.5m, look at us now!

I have the same feeling. Remember the gains so far are part of the plan. That helps me get through it.

You can read all the books you like. There is a time hold, time to diversify, a time to go all in. That gut feeling, knowing when to act, they can’t teach. - I didn’t say that

This feels like an all in time to me. Plus like you I got in cheap.

Ask yourself what would upset your more, missing the future gains, or losing from where you are now. That should help you decide. Nothing wrong with taking a bit off the top.

Hear hear.

Like all overnight successes, it was 10 years in the making.

It seems to me the only thing to sink this could be paper profits with no real cash being generated, putting political risk, war etc to the side.

Does anyone have insight into how much actual cash you can touch is being generated?

Thanks, that makes sense and is a good find.

I’d feel a bit let down if there was a modest take over, but it is out of our hands isn’t it. We just get the cheque and the email.

Please tell me more. It was a tongue in cheek, no offence intended!

What are you seeing and where/how?

Very eager to learn more.

You getting nervous there son. This your first time!

We’re just getting lubed up here.

I’m with you there. I will never invest more than I have right now on on JLP on any one share. And I’m already 200% up.

You don’t make monster gains if you sell on the first double up.

I ask because you are so passionate and popped out of nowhere like a gold asteroid. What’s the back story?

I love you Mikie, but where were you before November?

Long term holder who doubled down in March.

I love the idea of the shares being £1 one day as I’ve seen others say on this forum. There seems no doubt the company is doing great things.

But to get to £1 would imply a market cap north of £2.2b. (Currently £315m).

With that market cap can we compare ourselves to anyone to assess if it’s at all realistic to have the £1 dream?

Time to wipe...

You know what cheers me up?

Rolled up aces over kings.

Check-raising stupid tourists and taking huge pots off of them.

Playing all-night high-limit Hold'em at the Taj, "where the sand turns to gold."

Stacks and towers of checks I can't even see over...

I like the way Snrub thinks..

Anyone else not enjoying this ride?

I’ll take it as part of the game. No complaints. Just saying.