Member Info for Monty888

Wonderful numbers and plenty of stock ready for Christmas, we should be at an all time SP high created partially from these results and forward statements + The post Christmas period updates. The website is superb, already ordering car stuff for Dad and bikes for the kids wife and me. We need to get out more. So roughly £4.40 in July, now we a bigger better higher revenue and more profitable company - So £5 per share should not be stretch by January surely.

The BB’s full of people who shouldn’t invest in shares. There are plenty of updates and the half year results less than 2 months ago.
How will the balance sheet, revenue and retained profit look like at Y/E? Will the provision be settled by then, will the queue of products awaiting approval get approved, will they sell. Are we gaining market share Internationally or just adding to our staffing costs. No one has any patience these days.Not going to see big II’s or a re-rating until there is greater clearer audited numbers. If anyone can’t wait till March then sell up and play with Bitcoin or something more exciting. Keep blaming BOD for not protecting the SP is just stupid frankly. There will be quarterly trading updates and results on the appropriate dates. That data is then worth a discussion or opinion because there will be real data and not complete speculation making all kinds of NVA noise

More right than most - New CEO’s last company SP downward spiral (No pedigree of success) should say

WBAFC - Your more than most this will be very slow to grow and will be a value trap until settlement closed and net / retained profits increase. There are a lot of movers in this are, our products are not getting approved fast enough in a fast moving dynamic industry. The new CEO presided over a nasty share price crash so not a proven track record at all. Anyway I really hope we come good but the road ahead doesn’t look good from the market updates. The new CEO is probably over provisioning so he can look good 6 months down the line but this is high risk in the absence of revenue and bottom line upgrades. Let’s see GLA.

I think we are now going to see the start of the upturn trend. My scribble before piling in shared below:

Floated at 700p was 800p looks oversold - Capital raising at 590p 1st June 21 fully supported.
In 2014 raised capital 225p
15th April results showed a ***£492m loss principally to share holders £331m equity issue
(This is causing the sell off and shorting).
Net cash left £280m. Facilities of £700m.
Revenue £1.6 billion International
Gross margin: 45%
The above data is Y/E results 15th April 21.

Next year will float off ingenuity the S/W side. This will create a solid shareholder return and main market to improve corporate governance.
Q1 £500m Y/E guidance £2billion and main market listing WIP.
Director and institutional buying in October. They will focus on profit now and that will drive it back towards 800p
More Director buys 5th November

https://en.globes.co.il/en/article-court-approves-class-action-on-alleged-plus500-manipulation-1001388525

This is the link, dated 25th Oct 21. Not 3 years old as someone posted. Where will this end and what happens when all across the media. How many people will switch accounts, how much our nice cash piles will this suck up when it’s said and done. Will we still be able to get nice dividends. It is very concerning to me anyway - DYOR. GLA.

This class action law suite could involve others if Plus500 are guilty of this illegal sharp practice, reading the court findings pre trial it looks like they absolutely are. What other countries and clients are victims and how many other class actions could now jump out. This could run and run, very very concerning. The media will slaughter Plus500 sooner or later and what will that do to the company when the customers bail on them!

Results are out, can see in ADFN, don’t know why LSE are so far behind. Had a big one of tax hit and merger restaurant overlaps plus S/W confusions. Not great numbers but not tragic also considering they are one off’s. Problems sorted and double digit growth thus far in October bodes well for the next update. Likely to tread water until then with some small sell offs I think meanwhile.

No RNS on LSE per the results today, does anyone know anything?
Never a good thing if results are not published AM but late after closing to hide poor performance or late because auditors have found sharp accounting issues. (Hopefully it’s all OK and I need to look on the company website later).

Cash is king, continues to post enourmous bottom line losses £24m and £17m. Yes solid revenue increases but maybe buying business in an overcrowded arena. The positives are overly sold, time will out - Only for the very brave. Future looks bleak with supply chain issues and freight costs that data shows wipes out most of the margins.

Should say GT not GR of course - My apologies

GR will be delaying signing off for some significant and negative that breaching statutory. If not they can share how numbers are being treated in the accounts. This is how Lookers started out before the bomb went off and the company quite correctly got smashed on the rocks, sadly the SP with it. DX. has had an amazing turnaround - Perhaps to amazing. Anyway time will out as always.

What a pile of crap. IQE put in an expensive traceable records Manufacturing Execution System and zero value add apart from product recalls or fake copy identification which frankly they should have had at inception. Then make a an RNS announcement puffing it all up. Complete toss**s. Management need clearing out, they are pretty fanned inept. Hoping the assets and IP make it worth a takeover at 80p to break even on this pile of ****e.

Good to see Peel Hunt saying that RBG is materially underrated and uplifted their recommendations to 35p Buy on Citywire.

I like the fact that they are not interested in paying dividends and are looking to wipe out their debt and refinance on way better terms changing from a highly leveraged organization to a low leveraged one. Also their Service and Training centres are now gaining momentum as Covid has less of an impact. With new equipment costing a small fortune and enormous delays most construction companies are renting. The corner is turned and the SP will get more wings for sure. 5 years ago we were 65p, it may take 2 more years but it may well return to that again, the new formula clearly works when we get a positive swing of £23M per last years Loss versus this years Profit delta. GLA Long term holders.

Some solid Director dealings and very positive latest updates with real momentum. Tomorrow’s results will hopefully show further progress and a possible re-rating - Fingers crossed GLA. ??

It’s some of your other views that are disagreeable Bluelight.

This is now a value trap until the next results or detailed trading update. I don’t think we will get much data until 2022. Firstly We need to see the settlement that’s not even close I think, Secondly we will need another 6 months of earnings clarity. Only then will the true picture become clear. Kilted- 100% agree with your comments about Bluelight’s skitzy flip flopping. (It’s all noise and immaterial). As things stand this cannot be seen as an investment for II’s until the picture is clearer and results consistent with a level of predictability and increasing EPS every 6 months. (It’s a Hold).

Meant to say “without” revealing Director dealings as a non employee

Can’t explain why very little holdings from BOD members holistically, once GM has gone he can dump his shares with Director dealer publication. Regarding recent buying non events that because Director buying or selling is illegal as we are now in a “closed period”