Member Info for Joberalo

Some of these comments are remarkable , “new clients have only grown 5%”, a net increase from 1385 to 1634 is not 5%, it is c18% or take 528 new clients as a % of the 2021 total of 1385 it’s c40%. Is the co growing , yes, does it make net cash inflows, yes, does it make a profit, yes, is the profit margin stable (including additional hires) , yes, is it debt free, yes, does it issue a dividend , yes. So the forecast revenue of c£36m was short by 5% , anyone who has managed a multi million pound business will know business forecasting was made to make weathermen look good. The whole of the underlying financial story is the headline not the accuracy of the revenue forecast. The one point I would note here is that their competitors apparently would seem to have increased revenues by a larger margin, but that is why their PE ratios are presumably much higher. A share worth persevering with imo.

Given cash balance of c550m , negligible annual cash inflow after finance costs and regular capital investment, how are HTWS expecting to fund the c550m acquisition of Oman sites ? More debt on an already huge debt balance or an equity placing at a much reduced SP further reducing the SP. I think this is becoming a real risk and a strategy of consolidation and organic growth appears more sensible . Walk before you can run HTWS.

Is actually selling their shares, unlikely those who big losses currently, unlikely those who have recently purchased waiting for a sp of north of 2500 at least , and not the shorters who are closing their positions. Basic economics, price is based on supply and demand , so someone must be selling for the price to drop , but who, this makes no sense whatsoever. All that aside from the fact the company is growing, has net cash position , decent balance sheet and is profitable . How many stupid investors are there out there , just f***ing hold.