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Ever thought of diversifying? I tipped onto a short while ago. Results out. Market cap of just 34 million yet ha navy of 220 million, no debt, just increased revenues by 13x and gone profit making.
Yes looking very good. Only glanced at it so far but will read in full when I get to a pc. 13x revenues! We were talking of 4x previously. Net asset value has increase massively from 152 million to 220 million yet our market cap is? As I said, people need to learn patience. The sp has dropped because of a few different reason. There are still hiccups along the way, but the bottom line is, this is massively under valued and as a pi, you are able to take advantage of buying these cheaper than the II s and cheaper than the directors.
Funny, I said just the same thing a year ago. Was not taken well. Question is, if mr Black was to buyout the company, would he be paying for it, or getting it cheap like slicker?
Fairly positive rns. Recent increase in feedstock is very positive but it is still the main issue. Loss has almost halved from previous year. Extra funding from A Black without interest. Overall not a lot already unknown but it is positive and I did not see any new bad news which is always good. Hydrodec could see a long awaited price increase from here possible back to 2.5p range.
I think some posters here need to take a break. Whether this company comes good or not, it is up to individual investors to decide if they want to buy or sell. If anyone does buy or sell based on reading these boards then that would be a foolish thing to do. Everyone is entitled to an opinion though. The market,IMO, likes to see facts. They like companies making actual profit before diving in. Jam tomorrow is not liked. Now until wsg actually makes money or a deal is sealed signed and delivered, wsg is labelled a jam tomorrow company. This is where pis can benefit by getting in early and waiting. Unfortunately, AIM is littered with companies that are jam tomorrow and end up failing. The crock of this post is, YOU have to decide whether jam tomorrow will turn A multi bagger or not. Gla
2 RNS actually. Will be interesting to see how these RNS are taken as seems a mixed bag from first look. Gla
Possible. I did wonder that myself. They may wait now though. Suppose only time will tell.
4p
Saw that coming a couple of weeks ago.
Ho ho ho
I think it’s unfair to have a go at positive posters on here. For me, the real issue is I do not trust PF. I personal think he’s a snake. But that is my opinion. If others have faith in him that is their choice but it is unfair to blame other pis. Each person makes their own decision to invest or not. I hope this share does come good for people that are holding. Atb
TheMadCow
Well i better keep my head down or ill be accused of something.
Who is dogpogger?
Something happen to him?
Nite. Is lego about still?
Lol i suppose. Wish i had paid my insurance on credit card or monthly as its another grand to fork out after just 4 months. The joys! A nurse called Rachelxxx
Sat at home waiting to go to work, but cant as insurance company went bust today.
Wooo hoooo
This share looks like it may have bottomed out. The share price has dropped due to a �12 million write off dropping the profits in the last year to just �2 million. This was a one off write off and loss of future profits for the Angola business is expect to be just �1m. The rest of the business is booming with total revenues increasing by over 30% to $156m and look set to continue to grow. GBGI has no debt and has a strong bank balance of $93m with asset values of $48.5m making the current market cap under valued by approx. 25p not taking into account this is a profit making company. Recently there has been director related buys to the tune of �1m. Without that Angola loss the company would of made profits of $14.2m and next years profits is likely to be improved upon. The company is still giving a dividend at the end of May. All in all, the prospect for the company are looking good and given a full year to release the next full results i should expect the share price to be back to 180p and growing.