Member Info for LeenUk

That's a post from a different stock you absolute baboon. Deary me I do worry about some of you lot.

It's not scaremongering just because it doesn't fit your agenda. If they could save money and turn around the company, why have they not done it in the last 8 years? Because they cant. Now with sales rapidly decreasing while losses are increasing, they have even less chance of doing so. Now add on their new warehouse which will add even more cashburn, it's really not looking good. They are set to lose around £4.5m this year, there are no other alternatives to getting the begging bowl out. They are in one of the most saturated markets possible, have terrible reviews from customers and it's now starting to snowball. But possibly the worst thing about this share now is that EarlOfAim is all over it, that's when you know it's doomed.

He will say ANYTHING to try and get his money back, just look through his post history or his twitter account @ EquityTrader888. All he does is lose money, if you see him on a stock you own, I'd advise you sell and wait for him to leave, he is CURSED.

Now lets get to the facts on In The Style, following the worst Christmas period they've ever had and biggest losses they've taken in a year, they are in real trouble. That 3.2m cash won't even last them for the next 6 months so it's irrelevant for starters. Earl also loves to brag about their 3.2m in stock, that is not a good thing, they can't sell their stock. Go and look at the online reviews for ITS, ITS shocking, 1 to 2 stars is the norm for this company. Also look at their Twitter, they bought their followers, 150k followers yet their tweets get 5-10 likes, most of which are from Earls multiple twitter accounts LOL. Seriously go look through his post history on here and see where the share price is since he arrived. Someone should make an Inverse Earl stock tracker and make some serious money, he is that bad at picking stocks.
Sorry for anyone who got ramped in by him at 8p and are sitting at a 30% loss which will only get larger. ALWAYS look at the facts yourself, never trust anyone online who will cherry pick and misinform to try and lure you in.

There was £3.2m in cash at the end of 2022, down from £4.4m at the end of November, and an undrawn invoice discounting facility of £400,000. Stock levels are lower than at the end of 2021.

Full year revenues are expected to be £46m, which is not much more than the £44.7m generated in the year before IPO. In July 2021, Liberum forecast 2022-23 revenues of £66.6m and EBITDA of £5.6m. The EBITDA outcome is likely to be a loss of between £4.25m and £4.75m. That is a swing of around £10m compared with forecasts 18 months before.

This company will need to raise at a discount or go bankrupt, and you will be left holding the bags.

Got back in today, made a nice 40% off UOG earlier this year, always felt like UOG was criminally slept on, I really like the management too. Wish I could have got back in when SP was 1.50! 2.02 will have to suffice.

It’s good news for me as I bought in at .12
I’d understand LTH’s being unhappy here but I like the look of this year personally.

This seems like nothing much will happen until either next financial update(and it’s not bad news)
Or payments coming in

They can only be excersised when the SP has risen at least 50% so I can only see this as a good thing, they are also probably doing this in leui of full or part payment, it’s definitely better than a placing..

@Geowiz why would they cut Egypt that gives them cash flow? That seems a bit counterintuitive when it provides them with capital to further explore, drill etc. Also reason why we haven't seen a placing in 2+ years.

@JMAX because they have good history and backgrounds, Shell, Tullow etc

Agreed, this is my top pick for a company that can transform itself in 2022, just need a bit of good luck and this could turn into another GGP potentially.
All explorers have risk but the upside here is very appetizing, will keep adding on any dips.

Lot of O&G shares are soaring this week, little movement in UOG. Whats holding this back?
I like the board even if they are taking more salary than they should, it’s time they deliver.
What are some things that can turn this around?
One bit of positive news here and this could do really well..

JustEat have recently partnered with Asda and other supermarkets to deliver on-demand shopping.
Has just started to be rolled out and will likely be nationwide by the end of 2022.
They joined in on this trend much later than Deliveroo and Uber Eats so definitely have ground to cover.

Hey Tradedesk, good day for TYM today by the looks of it. Glad I went with my gut and got in. It’s nice to see a couple positive people still around and I hope things continue to go well.
I see Dr Mike Armitage was appointed a Director from thr AGM today, he’s on the board of directors at SRK, that’s pretty exciting news to have someone like that on board I’d say.
I watched a video Mike made recently on Youtube and he said he is stepping down from SRK to focus on some small projects, which would indicate TYM and a venture of his own, very good news indeed.
With Cullen and Armitage and their assumed determination to make something of TYM’s assets I believe there could be hope here. I understand it’s exploration and it can be hit and miss but feel it’s safe to assume we might have some hope on our hands here. Looks like Mr Farooq & Sanderson made a good call loading up off the recent placing, they must be around 25% in the green already.
See a lot more TYM discussion on social media over the last couple days too, hopefully genuine excitement/intrigue and not chancers looking for a quick buck.
Again, I don’t know what it is about this company but I’ve always had a gut feeling that I should give it a go, I’m prepared to take the loss but am generally excited after seeing the action the last couple of days.
All the best!

Thanks for the reply, I genuinely hope it turns around for you and will be keeping a close eye, best of luck!

Been looking into TYM for a while, I see a lot of negativity here.
Is there anything to be optimistic or positive about or has everyone just given up?
I see Sanderson substantially increased their holding with TYM recently, must be some sort of faith that something is still possible here?
If I'm being honest I just have a feeling about this share, maybe for a year now, I feel for you PI's who have been in for a long time and been let down, but, from my point of view this seems like a quite an opportunistic time for a new investor like me to join.
Would appreciate any unbiased opinions just sharing your thoughts on the company right now.
Also new MD Patrick Cullen, maybe will genuinely try to turn this around?
Thanks.