Member Info for maddogmcree

Will keep it brief Mike as not about GMS but my other heavy-weighted stock is GFM which is doing well, mid size for my portfolio are ZTF/ REAT/BMS. Two other punts which are KZG / CNR/

I still track Intercede / Beeks and Hvivo as previously owned.

Always keeping and eye on GKP don't own currently

Not yet subscribed to Stockopedia but do listen to Paul Scott's podcast most of the time

If you want to talk about any of the shares message me on the appropriate board :)

PS looks like Blue skies was wishful thinking

Hope the Vessels are all turning towards the summer sun and more blue skies.

Fingers crossed

Hi Mike,

I'm not in as deep as you with regards to % of my portfolio but its in my top three regards weighting - I would say around 20%. I am around 13% underwater but will hold strong. I know the warnings state you should never fall in love with any share but if it does go below 15 on no news then I may consider selling something from my portfolio and buying a few more.

I just need to try to forget for about 18 months as I believe the company will be significantly in a better place with debt well managed and this will improve confidence and the company could then become a bit of a cash cow and in a position to buy other assets that may enhance the company's revenue nd profitability.

I try to look at what my money would earn in a bank or isa over the next 18 months and consider if the returns v risk reward is worth investing in said companies. The reason I check daily is if I suddenly get a surprise RNS and gain 50% on my investment then I would look to sell, never try to be too greedy on my heavier weighted stocks

The question is where might the floor be whilst we wait?

I think the last set of results was like a double edged sword- the debt is reducing but net profit also fell. I think people got carried away ( including myself ) how quickly they can bring the debt down. On a positive note full year guidance remains unchanged but I am convinced others perceived no material news prior and as such as is the nature of the market, I believe holders sold as they felt they could make quick gains elsewhere and jump back in nearer full year results so long as nothing negative is reported in the interim

As is the case with all shares - a little profit taking from recent rise - people de-risking their investments and why wouldn't they. Overall the story appears positive with forward momentum. As a new investor I will no doubt start to develop a new base for the share, just hoping others join the party and the company don't spring any surprises.

Decided to dip my toe in for a bit of a punt - noticed my buy for 105K shares popped up as a sell :). Hoping we get a steady stream of news over the next few weeks.

Just saw that flag up from yesterday - nice to see someone confident :)

Blue skies ahead :)

It just depends on the midpoint of the share at the time of the buy - people appear hung up on buys showing or sells but at the end of the day if the demand for shares starts to become more than what is available at the given price then the share will rise no matter whether it shows as a buy or sell. Zoo revenues struggled with the strikes last year and needs to reassure investors that this is now behind them with increased revenue and profits at his next interims I think in August so not long to wait and we will all find out the answer. A good set of results will provide the confidence boost investors are looking for and we should start to rise to past glory's. The gain is more substantial at this point as investors take a slightly higher risk that the troubles are all behind it.

If you truely made £246k on a 6.65% rise in share price I’m surprised you even noticed from your yacht. I hope you make another £246k tomorrow 😀

I believe the shares have fallen on the back of the significant rise over the last 12 months, nothing goes straight up. Obviously a year ago you could buy for 5.5p. GMS does look like its addressing the debt, order book looks solid so medium to longer term the company in my opinion will continue to be come more attractive and stable as the debt reduces. The secondary placing you cannot legislate for and nobody knows what the need for the cash was for though we have been reassured no further sales for a period of 70 days I think it was (might have been 75). People find it hard to remain in shares when they see other shares on the risers board and their own share drifting each day as boredom and sales kick in. Stay the course and we will reach recent previous high of 25p I think it was. I am staying in till then unless an RNS comes out to change my overview of the company

That should hopefully put the brakes on any further slide - Everything appears on "track" so to speak so I will sleep better over the next two weeks

There has been a trading Update last two years on the 1st August so just over two weeks to wait. This can't be just private Pi's some hedge fund must be dumping - So will have to ride the storm out and no doubt they will sell into any rise so I guess I could be here a little while.

Beginning to worry, share price has fallen from £2.80's to £2.20's on the back of a very good rns. Thank christ there was no bad news. However it is still nearly a 20% drop from highs , we need that company update to reassure investors including myself

I jumped in also and decided to buy a few more at £2.30 there, had been thinking about it this afternoon but Journeo now adds up to approx 33% of my portfolio - my preference is max 20% on any one share.

Fingers crossed but I can't see any reason for the drop other than someone just needing some cash.

Last rns update was very positive so in the absence of any further update I will trust the company that things remain on track

I disagree Captain reagrds your belief the share price will drop - not on what other posters say on here but on what the company has RNS'd

· Revenue expected to be £9.8m (2023: £7.5m) representing 30% growth.

Free cash flow positive (2023: negative) with a net cash balance of £5.4m (2023: £5.1m).

· Strong performance in operations with FoodPrint® yields significantly improved.

What I will agree though is that I too do not believe there has been any volume or interest inthe shares since the update - possibly down to poor performance and lack of trust in the board. If they do deliver as expected only they confidence will return and I believe the share price will rise but accept nobody is going to get rich overnight. I see it as a recovery play

Unless I am missing something it has dropped on very little volume which would suggest a small free float if / when this turns the upside might be pleasantly surprising

Well if we do get a deal offered I hope it's at a reasonable premium

Just a reminder that even if no takeover is agreed the company continues to excel in revenue generation and underlying profit

FY-2024 has started strongly with revenue in H1-2024 up to 12 April 2024 reaching £31.9 million, up from £24.5 million in the same period in FY-2023, an increase of 30%. The revenue from Solutions in the same period was £13.2 million, up 74% on the same period in 2023 of £7.6 million. Revenues per working day up to 12 April 2024 were £443k, an increase of 27% over £350k per day in the same period in H1-2023 and 5% higher than £422k per day achieved in Q4-2023.

Strong B2B revenue growth continues with all product lines progressing well. Equals Solutions, which contributed £31.0 million of revenues in FY-2023, is expected to continue to grow strongly as the Group adds new functionality to its payments platform during the year and widens its TAM.