Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Screen shot .... it said yesterday’s close £6 and was down on top of previous drops from £10 by 80.42% on the day based on the FCA investigation at £1.20p . So back to £6 just for clean bill of health . Then let’s think about revenue value and profit value .
It was the cash improvement from results to end of April 2019 which strongly suggests they have hit profit in style . Previous RNS had said we were on the verge of profit . That was the main point now it is the clean bill of health . I screen shot the LSE page the day it dropped 80% . Kept it for memory sake , it just seemed like the thing to do ! .
If Bobby has spare money maybe ....to pass the 30% Take Over fresh hold and not have to offer a Take Over I think you need to get permission . But it is a great price based on previous price / number of shares and improved position .
Hi Spike ...Ying Yang made good money yeasterday and went for the trade , not a bad plan on our markets . This should be on a steep re rate . But hey ho it is the U.K. market . Good luck to all .
Good luck to you . Why not leave your free ride in if your plan works . Yes the markets are for trading but surely this is in a better position than at the successful placing time for £10 . So surely must rise to over £10 in a reasonable time period . Lots of bonus stuff to come the shipping licence has not been touched yet .water hardly started .
Have done so ....going by the April cash position £16.5 million . So it has made £1.9 million since the Dec results ! . Now let’s ship gas and supply water in quantity . Bobby never sold a share that was the clue ..53% of shares held by the CEO .
The fact it had 98% value removed and the problem has been fixed and value increased now . Was brought down 80% in one day and kept falling after . So this has not even started to rerate yet . Maybe some news on gas shipment now we have a licence . Or water business .
The overdue payments are not even counted that is what went wrong in the first place they counted the owed money as well as received money . So there may be more money as a bonus . But the poin5 is this is now addressed and improved .
The bad debt was a huge problem . This is getting sorted gone from 14 days to 9 days and removing bad accounts as and when contracts end . Massive improvements all round . If your not impressed move on to another share ARB looks good try there for a while instead of de ramping for your prefer buy price here . The market is a very big place you sold earlier so move on to a new venture . I see this as the start and will wait .
The one line said it all . Dec2018 which was accounts period they had £14.6 million then April 2019 they have £16.5 million . So at some point after Dec2018 they went in to profit so this is worth over £10 a share again . When who knows but revenue is sky high as well . Cash in bank is unbelievable .
At worse they are making £ £1.9 million every 4 months . This is in a far better place than when it placed at £10 a share !
Yin yang your average AIM placing is for £1 million . We have got £1.5 million pounds and are now making good money . So we will never ever need a Placing again . The CEO holds 53% of the shares he would be diluting him self the worse . Did you sell just before 16:30 by any chance .
Not many can say we are debt free ! . NO loans , no loan notes , no bonds no placings here with £16.5 million squirrelled away . Makes you wonder how other shares have any intresting them what so ever . If this is the best a cash rich debt free one can do . The markets are a joke
I don’t always let the MMs know where I hold . They don’t like me . Lol . Certain shares I always stay in . Just stop posting for a while . Did top up this morning though . Looks like profit has been established since Dec2018 . Debt free , cash rich , and in profit and picking customers wisely . Chaebol was right some contracts were bad . Finally sorted .