Member Info for Lawrmyer2

5 trading days left ⏰

C’mon, get your finger out

Hopefully with the plan to onshore more manufacturing etc we can get our turnover up and profit to match

Good spot!

At the end of the day we’re all on the same team and we all want the same result.

I don’t disagree about the length of time re the final results. I ran my own company between 2011 and 2021. While not a PLC, My end of year accounts were always submitted early. Things such as this shouldn’t be left till the last minute.

The company turned a very small profit in the last results and is expected to post similar in the final results.

There’s a lot of dross on AIM and I get what you’re saying about companies drifting down. However, I truly believe that we are different. We have a very longstanding company, with good products. We skirted with insolvency, but the company has turned a corner and we have shown signs that it’s on a better footing. I believe that we just now need to allow more time for that recovery to pick up momentum. I don’t think we’ll be at zero in 2 years.

I’m not telling people that they should hold till 2025/2026, that’s just my own personal timeline. Everyone must do what is right for them.

We’ll see what happens over the next week or so, and hopefully the results will be issued before the deadline and they will make for positive reading!

GLA

Draft, with respect, direct your frustration elsewhere.

I’ve been investing for a long time and have been successful. I know exactly how AIM works.

I invested here knowing full well that the turnaround would not happen overnight. It’s ironic that you don’t think I know how AIM works, yet you’ve naively invested into an AIM company, that was very close to going out of business, thinking that within a year or two of near insolvency we’d be riding high with a stonking MCAP.

We are still in the very early stages of a recovery. Given that we nearly went out of business only a short while ago, my expectations of a decent return in 2025/2026 are entirely reasonable.

I would expect somebody with over 26,000 posts to have a lot more investment maturity and knowledge of how businesses work than displayed in your last post to me.

I agree with a lot of what you’ve said Dartron. We all wanted the final results in good time. Leaving it till the death certainly causes a little bit of uncertainty. We don’t know why they haven’t been released yet. As I’ve said in earlier posts, there is no indication of bad news to be released so why are the results taking this long.

When results have been taking longer to publish in the past, the company has informed the market. However, there has been no such update this time.

Unfortunately, it’s just a matter of waiting and hopefully our patience will be rewarded.

I think many people regard AIM as a casino these days. This is the only AIM investment I have left and I won’t be investing in AIM once Ive sold out.

We’re still in recovery phase so unless the company releases a decent new contract/business, then I can’t see the results alone causing too much excitement tbh. The sp may tick up a bit. However, if you’re looking for the sp to be double digits again, which I am too, then I can’t see that happening until 2025/2026. However, I’d love to be proved wrong on that believe me. From what I’ve seen the company is working hard to grow and expand, so a couple of decent contracts added to the books could see the increase in sp we’re all after sooner. We just don’t know.

As has been said on here before, TB is no fool. He wouldn’t be here unless he thought he was going to get a decent return. Same with the IIs, of which there’s a good number of them.

All metrics here point to the company moving forward which will ultimately drive the sp. The only question is, how long will it take for that to happen.

From the information available the results should be strong given recent circumstances. I’m not expecting anything earth shattering. I believe the real change will occur over the next 2/3 years when hopefully the company gains some real traction as it moves out of the turnaround phase and into a growth phase.

Personally, I’m expecting the results this week. Hopefully they won’t let this run into next week!

Maybe one day, but the MC is so low at the moment a TO wouldn’t give us much.

10 working days after today ⏰

I don’t think anything is off the table here. We’re led to believe that the turnaround is in full swing, so given the tiny MC, there may be more interested parties out there!

Yes, the half year report is very bullish! Let’s hope that market demand has translated over to Chamberlin!

12 days till deadline day!

16 working days left after today to release the final results ⏰

Results due within the next 30 days. Still genuinely believe we can get to 20p over time

The optimist in me is saying they may want to release some positive news (maybe another decent contract etc) alongside the results and they’re just waiting for it to be signed off.

Don’t want to tempt fate, but I can’t see any other reason as to why it would take so long to publish the results. The turnaround is in full swing, they’ve sold assets to strengthen the company finances, they’ve entered new sales markets, TB is still invested and has added, IIs have added, energy was hedged at favourable costs, there’s more desire to onshore manufacturing, we’re forecast to post a very modest profit.

There hasn’t been any indication from the company since the last results to suggest that there is a skeleton to come out of the closet in the final results.

I was thinking that IIs may be subjected the close period rules and therefore the final results wouldn’t be released for at least 30 days after the recent II purchase. However, after looking into it I don’t believe this is the case. The II won’t have access to key company info before it’s released to the market/public.

Therefore, the results could drop any day between now and the end of November, when the 6 month time period for releasing results come to an end.

As Harry says I also think there is an IOM connection

I had a quick look last night and intend to look further over the next few days. I believe the company we’re interested in is based in Guernsey, which makes things a little more difficult

Decided to add a few. Fortune favours the brave and all that!

As suspected, an II has increased its holding…IMHO this can only be a positive indicator before final results are published.

It’s an interesting trade. It’s difficult to say whether it’s a sell or buy. However, given the trades lately I’d lean more towards that it was a buy. After all the recent sells it makes sense that a big buy would go through.

The company has until end of Nov to publish its final accounts so we’re not in a closed period. Perhaps it’s TB or an II.

These are just my thoughts on it…all will become clear in due course.