Member Info for jollyspeculator

not one for trading...so sensible to dip toe in imv ...if the past sp chart is anything to go by, this lurches (up or down) v quickly (sp movement not independent/another nail in classical finances coffin)...so keep an eye on it...it may be worth topping up on movement up (fingers crossed) ...no advice intended

so much buying here...Jolly puzzling ...(but I feel I have seen similar trading pattern here before lol) ...welcome, fg01...fingers crossed

not so hopeful for goldies lol

is a great virtue ...selling at a loss may well prove right call...since what is going to move this up in short/medium term? ...and your exit on MIRA proved astute (another company for which I have Jolly high hopes)

seller cleared??

lol

seems Jolly understandable...I guess the hot/trader money has departed ...now patience (and luck) required imv ...GLA

you are right that 30p seems undemanding on an EV/rev basis ...but 2H was breakeven (pls check calcs)...and they have not announced new contracts for ages (?3rd April was a renewal...so roughly a year ago??) ...so I guess we may be in danger of quibbling about definition of "hope" lol

good point , wizard ...not sure about Chinese culture and exchange controls ..interested to hear others' perspective

your pattern watching is excellent imv lol ...but IDM was slightly different because at 3p the sp dive seemed seller determined & it was so well cash collateralised that the downside was v limited ...here, the turnaround is playing out and the sp rise has been driven by (perhaps well founded) hope ...aaoo/no advice intended

it doesn't sound like GNG is for you ...this is a v risky punt imv: I expect none of us here are experts on Chinese business (happy to be corrected!) & how the receivables may or may not be effectively managed ...Western experience is probably unhelpful lol ...no advice intended

agree with that...the refinancing during 1H 2013/4 was of the new CULS, though?

u may well get a chance to play this one again (say 4.5p entry lol??)

well, yes...but I hate(d) the convertibles ...I see this as a "holding" rns...fine but nothing great, I agree ...will take (a lot of) time ...and may not turnaround ...or may (God forbid) do something v unpalatable (cf BSST) ...so a sp of 4-7p seems Jolly reasonable given the risks/uncertainties ..but the (potential/possible) upside is clearly HUGE ...no advice intended

...er me or Spanish lol? ...but your instruction is the most important for punters in general ...forget these BBs (they are for banter largely imv) ...READ THE RNS ...REFLECT, RESEARCH ...and have a coffee break

@26.3p ...but expect Jan is right (he often is lol!!)

I like ..."During the period the Company repaid £1.3 million of loan stock" ....(modest) reduction in receivables ...so all to play for: can those receivables be managed effectively?

...and all without news

seems distinct possibility

and hefty multiple (EV/EBIT c20) ...dyor/no advice intended