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Crap results again.
Sentiment has shifted ever so slightly but in the right direction. 100 is possible in a month. Would not have said that a week ago. But today we have real grounds for optimism.
Some nice big buys on the back of some good news bodes well.
This advice is based on positive news that they have garnered from a reliable source. This is awesome news and the beginning of a snowball effect of good news that is going to push this share up to 100 in May. In the short term it will hit fifty in two or three weeks. The short squeeze will soom be on us. This is a four or five bagger from here for sure.
Looks like it could be a right old shag up.
Kpa1 is an incel troll.
There could be a leprechaun at the bottom of the garden as well. Making stuff up is not helpful.
There are no big buys. Volume is low. But it is encouraging that PIs are buying at all. SP holding firm in the face of short attack.
The financials will make or break this share. High risk = high returns or bust. A middle way is soooo boring…
End of year results are likely to be published end of April.
I just had a look at last year’s RNS that were issued in March and April and there was a steady stream of good news that pushed up the price quite quickly. I can see the price getting up to 60 pretty fast if the balance sheet is repaired. With more positive announcements before that then we could possibly see 100 given that the short squeeze will happen at the same time. I think there is a good chance of two more RNS in March and maybe two more in April before a positive financial update. 100 is a very real possibility and no more than we deserve for keeping our nerve in the face of a ferocious short attack.
GLA
They may well be playing both ends against the middle,
especially if they have inside info and have been accumulating to offload both ends against the middle as it wete.
Carillion was a victim of boardroom fraud if I remember correctly and had massive undisclosed debt. Pension issues as well. But the article is pretty much on point and the balance sheet is, at the moment, f*cked. No point saying otherwise as the BOD has admitted as much. If they sell some assets and/or renegotiate debt terms most of us will be as well. We need a Hail Mary RNS as well. 100 is possible though and you have to be in it to win it.
PFCveteran
Accurate observations though. The balance sheet needs attention.
Interesting read.
6,500,000 sold. Possibly another 3,000,000. Extra shares issued this week. Possible linkage? Someone knows something and if 6,500,000 sold in one block someone obviously bought them. High risk but high return if it pays off. 100 is possible if they have come up with some cashflow. Cash is king. GLA.
Oceanpassage
It’s the volatility that creates the opportunity and the risk. They always go together.
6,500,000 sold. Price down nearly 5%. Possibly another 2,000,000 are sold. Could be shorters. But their holding should drop - a lot. Time will tell.
A lot of short position holders making automated sales trying to push the price down below 25p but it seems to keep bouncing up even on low volumes. Unless it is the staff selling their shares but usually you have to keep them for a while so more likely shorters.
I agree a £1 is likely. Inside one year maybe, the balance sheet is a bit of a hiccup though. Unless there is a magic money tree, a miracle or divine intervention it is hard to see a solution. Faith is needed for sure.