Member Info for Moneysponge

Already

I arrive at 22p because of a fundotechno analysis

Fundamentals are about the worst i've ever seen

Delining revenue

market share being eaten away

margins reducing

debt increasing

ect

Technically just get a chart up, change timeframe to monthly then look around 2015 where this hit support around 22p before it properly went on a rally

Look at the failed W pattern as well a sure fire sell signal

Plus Noel Borg has said 22p is where it will land as have other prominent chartists

Another riveting day then

Guess it will get livelier here once the placing price and amount is known

Helx is like that sour boyfriend that gets cheated on by a bird

She should get a restraining order really

But knows that stalking her and trying to put every other bloke off her is the only thing keeping him going

He's running/motivated purely on bitterness

Fails to see that his ex could be much much happier with someone else

people change

He got with the girl when she was young and immature

now she's blossoming into a fit young woman and other blokes are all over her

he hates it

but not as much as he hates himself

The more times that support is touched the more likely it is to break

The closer the touches the weaker the support as well

Boohoo looks technically very poor to me

Carnt see proper support until 22p area

The king is naked guys

AFC isn't worth over 100million

I was saying this at mid 20's but was derided and called a troll and put on blockfilter lists

Hope the echo chamber the rampers created hasnt hurt people too badly

Remember the going concern statement in GILDS financial statements from 1st Feb saying that the company continuing as a going concern is dependant on its ability to secure additional funding via a placing which was supposedly in progress.

What is happening with that??

Did any1 see the gfinity RNS today claiming it is shutting down its esports business because "the market for esports remains soft and directors see limited profitable growth opportunities"

The silence from GILD right now is defaning

ITM PHE etc have fallen at a higher rate you are right

Thats why am saying AFC has a LOT further to fall

Not just because of that of course

Taskmaster what is this "hope" business ur on about

Try valuing the business and come up with a figure to buy from dont just hope

what you gonna do if that isn't support (spoiler, it isnt) are you gonna sell add or just hold

have a plan

honestly this bored is riddled with amateurs

and conmen like haggis

There's about 5p per share worth of cash on the balance sheet and thats dwindling

Then theres what, 2m in sales and a market cap of over 110m

Come on it isnt rocket science

This is due an almighty fall like ITM PHE EQT etc

Easily 14p

There's 5p a share worth of cash on the balance sheet and even that is dwindling

The rest is just hopium and hype here

CEO going to extraordinary lengths to not buy shares in the open market as well is a red flag

Despite the ramptastic claims that boohoo is in a better position than ASOS

Why is it them that people are fighting over buying?

lol

Maybe when shareprice comes down to something realistic for this massively lossmaking business people might be interested

until then

its groundhog day!

More insignificant "news" in a long line of insignificant news from powerhouse

When and how's the site getting funded

Thats all people want to know

this still looks like it wants to fall of a cliff imho

If I had to bet I would say company to raise the build costs via a deeply discounted placing

affectively wiping out existing shareholders

why coompany didn't do this at 10p is mindboggling

Watching with interest

Who's the clwon that created a filter list and included evreryone that didnt have an overwhelmingly positive view of AFC on it lOLZ

Hang ur head in shame mate

I warned you about creating a echo chamber

several times

If people want to create a filter list I would start with that guy then haggis then that redhornet chap

all deeply unpleassant and amateurish investors who have no idea whatsoever how to value a company

Like I been saying all along

12p is is not a bad place to START scaling in from

It will go lower in myview though so dont go lumping in at 12p

Maybe 10% in at 12p

40% in at 9p

Then the rest at a lower point if it gets there

But this is going down hard

Clear as day now but then again it was clear to SOME months ago

At way over 20p I said the market cap was ridiculous

I also provided calculations not only to back that up but to give a reasonable first entry point to start scaling in from

That price was 12p

I was ridiculed, put on "block lists", called a deramper, hounded of this bored

Now look at the state of this

12p is inevitible and now ppl can hopefully see it

And also realize that the true trolls and conmen are the underwater desprate rampers such as haggis

Careful who u listen too especially the conman haggis who should be ashamed of hiself

As this drifts closer to 12p

people will start to see it as inevitable and accelerate the sell of

Standard discount is 30%

Longer company leaves it the more desprate they get

Could see the discount gettign closer to 50%

which obviously needs 100% rise to get back jst to todays price

investors really shafted here

At what point do you cut your losses

I dont put any credence behind those prices

Look at any company and the price projections are always sky high

When are those prices supposed to be hit, 1 year, 10 year, 100 years from now?

I'm talking about right now, what is the company worth today thats what my calculations are based on

not some kind of fantasy figures with no dates on

I've posted my calcs before here which can easily be searched

12p isnt just plucked out of thin air

You add up what the net assets are worth per share then estimate revenue for forthcoming year and apply a standard multiplier and get a price per share the sales are worth

You add up value one and value 2 and come out around 12p a share

This could be lower now with cash falling

and have to say this is a point to start scaling in from not the absolute bottom

Garonne

I dont know what ur so disappointed about

AFC has a market capitalization of over 130m GBP

It really is flying in its own right

Sadly I suspect like many others you have brought too early and at too high of a price and just want it to go up

When in reality it's already way overinflated as it is

No seerious investor is even considering buying here at this price

with current sales numbers

The sorts of people who buy in at this level and above are inexperienced investors full of hopium

12p is where a realist would start scaling into AFC energy from based on current numbers

Just 2m in revenue

16m in losses

Market cap over 120m

It just does nae stack up whichever way you cut it

Its all hype and hope here

If they can get aggressively grow sales this year, get to profitability and not need to come back to the market for funds then 12p ish wouldn't be a bad initial entry from which to start averaging in.

Otherwise this is all just hopium