Member Info for Mikey279

70m revenue in H2= 14m PBIT

60m H2 = 12m PBIT

as revenue to date is at least 20% higher than last year (109m) so 130m leaving 60m as the difference

Don’t worry about book value for a new IPO, fintech metrics are usually RR/profit/ebitda multiples

Dirty dirty cheap

All IMO

So it was trading at a multiple of 16-17 assuming profits were 30m mark at half year

They will now be around 26m a multiple of just 6 currently and this is fintech….

You would think at least around 13 or so would be conservative to account for the downgrade 26m x 13 =338/254m shares = £1.33….. not too far off MM opening

All IMO

Nearly £2m+ of trades is not notable?

Bell end.

See what you want to see:

24-Oct-23 12:15:58 55.00 1,450,000 Unknown* 61.50 62.00 797.50k O

24-Oct-23 12:15:50 55.00 1,324,848 Unknown* 61.50 61.80 728.67k O

Agreed....my first thought this morning was that it'd recover somewhat to around £1.70 before further news

My word what an opportunity we've been given

All IMO

Won't hesistate at inn saying that a 17% revenue miss although still increasing is worth nearer £2

See broker targets....

If they fix the issues it's an opporunity of a lifetime - look at the dividend history pre IPO, the yield is crazy down here....

All IMO DYOR

The 2 big prints were sells, so the II's placed an order for the MM's to fill at 55p, they won't allow it to go below it whilst they finish churning it back to the market - you can tell by the way it bounces off 55 each time

They thought £1.30 was a sufficient opening and I tend to agree

It's an absolute gift at these levels for a cash generative business and should see back over £1 in the next few sessions IMO

All IMO DYOR

As per independent report we have 962m barrels of proven oil at a mid case, there will be another 500m-1bn to come in the next report, they are targeting 5-10$ per barrel

Even at just 1$ per barrel it gives us an 80p SP

We also had a positive drill result a few days ago and oil prices at near highs again, we should really be at the £1-£2.50 range pending financing, it will come with patience

There is a reason the gaffer took 1m at 17p and likewise the bondholder payment was paid in cash rather than shares.

Just re-watch the interview and you will see why we are all so confident.

All IMO

Bell-end, did the largest shareholder not place to make the bond payment last quarter to prevent the bondholder liquidating into the market?

Whoopsie

Bell end.

The truth is if it was a successful blog then you wouldn’t need to promote it on an LSE BB

Just buy some shares here Jim you’ll make more money in a few months than 10 years off your blog

All IMO

Read and lose money well done ….not

Rule number 1 never let share price and snorters detract from fundamentals- you end up missing a 4x from 10p to 39p

Rule number 2 we should be nearer £1+

All IMO

They pocketed a big wad from £1s to 10p, closed out and re shorted at 20s… it’s just playing with profit and a share they are familiar with - see their short history they have also been wrong in the same share too

Probably a wise bet to close out though

iMO

I remember reading the costs were touted at £350m or so..... they've come in at $120m....?

Should see 40-50s today....back to £1s at some point IMO

Just needs the technicals to do its thing after a monster rise but a no brainer at some point, can see a support level around 26-27p so maybe needs to tag that first before the next move

news will catch a few out

Should be in the £s all day long IMO

Who cares its 400k...... lol read the agm statement

never seen such a silly drop in a long time..... back to £5 when the shorts are done IMO

Looks like the seller finally cleared after months of drip feeding into the market ? Those large prints at 33p and price action suggest it, but let’s see….expecting a tr1 next week

Probably the cheapest beaten down stock in the market IMO, still near half mcap in cash and July guidance unchanged?

All IMO

Looks like I called it wrong apologies

Should see mid 70s today IMO