Member Info for leew

Zag, I actually accept your posts as even when I disagree there is a thought process on what you write and it is great to see the other side of the coin when presented with some knowledge.

Out of interest what are the numbers you are looking for that could cause a sell off?

I have mentioned before I am looking for YoY growth with maybe x2 on previous revenue, maybe a 50% increase in assets to around $10m, and then the usual aspects on a balance sheet that can be used to work out the company has been doing well and not reporting profit as it’s used in growth. That said if they announce a small profit I won’t be too upset, but at this stage I am in the “profit comes later” camp.

With the current market cap, to see a sell off results would have to be really horrendous as I believe it’s currently priced as horrendous 😂

Sharestobuy,

You wrote this

I dont understand, if according to Arthur and Kat its all doom and gloom for GST and they expect the results to be poor then why are they still here.

Take your money and run before it slides down further and you lose more!!!

The simple answer is always the most likely, they are traders who got the entry point wrong (compared to current SP) and they are rabbits in a headlight as they don’t believe they can sell at a lose and make it back elsewhere so they sit watching and hoping whilst moaning about the company as it’s not their fault currently the trade is underwater. The simplistic fact is at some stage GST SP will be above their entry point so they can sell out, but the irony is I believe the SP will be above their entry point and they don’t. If might be in 1 weeks time, it might be in 1 years time but it will be go up.

Could be yes Chaebol, hence their push into SEPA payments and MICA license this year, which is why guidance on the start of the next Half will be important. Revenue was growing YoY without BAKE so if that continues then BAKE adds something while the business is growing.

Chaebol, it’s in the incoming cash yes no one is disagreeing that.

Make it easier with made up figures (completely made up as would never share my calcs as they are not this basic and they will be wrong as they are estimates based on past and future.

If GST started with 2.5m, had 5m in outgoings (ops and acquisitions - placings were used for very specific purposes ) That would mean GST now have -2.5m

If they had 2.5m in placings then GST would have 0.

GST have 4.2m so how is that? Do they have 4.2 mainly due to placings?

I won’t reply anymore as we have different views, which again is fine.

Mav, exactly spot on

Chaebol, it’s a simple estimate, wrote down incoming cash (yes of course placings is incoming) then write down outgoings and compare the 2.

To suggest GST only have cash because of placings is laughable in the simplistic nature of the comment, but if that’s your view on accounting then just make sure the year end figures are correct explained to you so you don’t miss 95% of what they tell us.

Chaebol, what are you on about?

The $4.2m has to include raises in the same period as that is money in, the point everyone is making is that if the end balance is $4.2m, when you take into account the out goings (operating costs, acquisitions, etc) it suggests that the incoming revenue was good as outgoings were significant.

So yes we all know placings are included, it’s just that the placing money supported the business for the purposes they were undertaken for and where not done and then sat in the bank waiting to be reported as a year end bank balance.

It’s a view Wayne, I guess if that’s your view go away and come back in a few weeks.

It’s not my view, but different opinions are what life’s about, so just go switch off pay attention to other opportunities and make some cash as that’s what it is about.

In the last 3-4 financial results have the always shown increasing revenue, reducing debt (almost non existent now), increasing assets, and good forward looking statements that are hit when the next financials come out?

If the answer is yes to them, then why the concern this time?

Share dealing is hard enough anyway without making up problems and worrying about the what might happen.

It real is simple if I was as worried as some of you I would be nowhere near GST, unyet with all the worry you are still here day in day out worrying out loud lol.

I think a lot of topics are getting confused, just all come back on Thursday, or sooner if results are earlier.

Company will tell us more than is discussed here and be more accurate :)

BAKE are constantly updating their service offerings which is great and having used BALE 2 times now I am impressed with the customer service, which in crypto is so important in my view so on that aspect I can fault them

AIM, go ask Tim, I did “after” the arbitration RNS and got the same answer Tone gave so I expect results plus a note on arbitration.l about amending results I would assume in the accounts.

If arbitration and legal topics on a portion of a companies business prevented results then no FTSE100 would ever submit financials

Encephalopathy,

Same as me I brought $100 of coal last week just because why not, it’s one of them if it suddenly did a not unheard of crypto move of xxx times I would be annoyed so I thought with that amount I would be happy and not risking anything as well.

Audavid, nope I can only guess since the sites that had volume on are not accessible to me, and I don’t believe GST share data anyway so it’s just mined data.

Hopefully with the financials I can work back and update up predictions as I currently use 60% of the volumes we saw in Sept/Oct/Nov to be safe.

BAKE I have zero idea so don’t include it in calcs currently other than to include an assumed market cap impact on GST of an amount significantly below what an exchange is worth lol.

I am hoping with a day or so of the results this time round a much better estimate of there progress is viable.

BAKE back to around $1m now on assets so it’s very fluid, and I suspect it’s actually due to the method they use for calculating on these 3rd party sites

Yes and it’s 1.77m this morning again, the fluctuations are a good thing not bad exactly as you elude too.

I asked the site how the get the data and it is them mining for it, using some obviously valid ways but made me take less notice other than to use it to see where BAKE might site in the list of exchanges to the +\- 10 positions lol.

I think late last week there was some excitement the BAKE.IO assets had dropped 7% on one day. We know the site is maybe not accurate so pinch of salt needed, but it’s back up and gone up over 100% since the mentioned 7% drop

Could be any day upto and including Thursday, think I mentioned yesterday selfishly for me not tomorrow I hope due to other results due in others lol

Cold / hot wallet for storing coal off line I assume Lloyd?

AIM, no I think going to arbitration is a different announcement to operational topics, I see deciding not to pursue easy end as a normal operational topic, I see deciding to take some to arbitration a “not normal” operational topic.

Moomins, I had my confirmation this morning as well, and got them at the executed price so all is good.