Member Info for Jxp101

Who is buying it? Amazon, Google, Tesla - all potentials I guess.

Have they announced when they are likely to dilute?

I think it's a bit unfair. He's always had good input and insight and on other BB's. The issue is we don't always agree with his sentiment and it's either confirmation bias that we are suffering from or PUTUP's analysis /sentiment is negative and so we question it. Not saying I agree with his outlook but I'm very bullish here - GKP is now about to return great value to long-term shareholders

I also expect there to be a period of extensive capex to play catch up for the last 2 years much of which has probably been deferred until now. The fact we come out of all of this debt free is what keeps me here and will do until the oil drys up. I see this as a safe dividend payer for many years to come if 2022 was anything to go by.

@PUYUP - I am not sure I trust the management team to invest yet. GKP is stable now and it needs to be revalued first, I think many investors have long gone after legacy management did a botched job. I am also expecting GKP to be a takeover which I believe will be for c. £5-£10 per share based on my FCF revaluation model. £5 is conservative.

Those buys are part of the Employee Share Scheme. Up to 10% of an employees salary can be put towards company shares on a get 3 for 2 basis at a price prevailing at 8am on the last Thursday of each month.

@PUTUP - £30M is excl. the receivables balance. Its party time when that drops on the Balance Sheet. Juicy dividends. Could be as much as £1 next years dividend.

@shamI89 - your right, the issue is the ability to price up contracts properly. I have seen this numerous times with clients where they get this wrong. Nothing to say any of that order book has been priced properly - even that could be loss making, especially if they have same Finance and Accounting team doing the numbers as in the past, before they bid. There is a lot of internal work required at WG, first step was to kick out the CFO but WG also needs to revisit the F&A Team internally and see if they have the capabilities to price up contracts properly. All these losses we keep talking about are the result of some of that. Granted some of it was inherited from AFW. The Deloitte review is the consequence of precisely the above.

My conviction is based on fundamentals and a 12-18 month timeline. Are you seriously that dense, or just pretending?

There we go, all defensive, calling people 'dense'. You are struggling to process fundamentals is what i can see. The market has priced in the fundamentals as reflected in the SP.

@ Icecool - no, not really. It just surprises me how everyone including the price action is all wrong but you have so much conviction here. Read up on 'confirmation bias' i think you are suffering from that. Sad to see really!

I think investors here need to ask what fundamentals have been broken since the announcement? Yes Bosch are exiting and goes with it revenue, but the drop yesterday is way overdone.

@ Icecool - your FACTS will be blown away once dilution happens. Then you will disappear from this BB. I believe you are a short here. Smart investors are dumping here.

Opening up okay this morning

In short that announcement has impaired Bosch's own holding here. So they won't be flooding the markets with their lot, it will get taken up behind the scenes. Hence, why I believe today has been way overdone.

I expect this will fly tomorrow. The bounce will be on tomorrow.

Why would they dump it at these prices? That's the question i am asking?

The point is that Bosch won't be selling as the price is not right LOLOL. Why would they be happy to sell when they have impaired the SP.

The sell off was over done

Got in at 80p

Why would the CFO buy 3 weeks ago at £1.38 if he thought this was worth 80p in a few weeks. Didn't he notify this morning re: Bosch and would have known this for weeks prior. I think the clue is in the CFO buying. This will go back up.