Member Info for oilheadgame

pundaii's still talking about water cuts....
is that all you have ???

your mum aint going to leave you no inheritance to save you dumbo

suggest you close your short boy.

gone back to bed?
back to his mum?

1 for water and 1 for oil&gas
Everybody is happy. Shorts and long alike.
Hope nobody makes money here... quick returns

agree about TO but lets see 50p first.

Im liking the price
Movement for the past few days. Spike at 7.5p and back to 5.5p to get rid off all 3p buyer’s

If they haven’t gone, then they are in for a longer ride. Again back up to my 6.6 day today to get rid off more traders.

Remember low stock count here, any news will catapult this back to 10-15p before the trading statement from last year.

Recent acquisitions by hsbc and Loads of directorsBuys warrant for the rise back to 8p at least

Stay tight.

Chart looks very good

yes. its a switch to his business.

bought 100k. thanks with SNG money.

delay is adding panic now. I'm a little concerned. missing deadline is not a good trait. Panic is now where there is a problem with partners? or the interest is gone now??

boom time

very healthy buying.
double digits very soon. there is no resistance till 12p anyway.

this is not about round 1 or 2 or 10. its about realising value for the business. mcap should be atleast cash level. which is £75mil atleast.

what is the market cap now? It is 4X less.

a special opportunity for investors.

simple fact is when NSF was 8/7/6/5p no one paid attention.

the trading statement was inline with business space they operate in, just like MCL, IPF, AMGO. They lend to people, thats the business. so when accountants/auditors report, they will show the lended sum goes under liability which is classed as expenses, i.e debt in simple terms. I work in finance.

The point the company have been deeply annoyed with delay in releasing the trading update for nearly 2months becasue of covid as it stopped them from carrying on when i got in touch with company. This was further backed when directors , may i most of them, bought around 7/8p levels and thought the market had over reacted. since trading statement NSF continued to say they are working major holders to get additional funding not to serve debts but to increase business exposure and acquisitions.

so it is not like they dont have money, as yesterdays news tells they made £12mil cash in June alone and have £72mil cash in the bank with borrowing facilities also.

stressed seller has caused this short term drop which is a gift. so take up, because this is going to director buy levels for a start and 10/11p settle before any other news.

also only 30% shares avaialble on market to trade. hence the vast price movement.

I'm trying to help you everybody make money and DYOR. but you will see my point how undervalued this company is.

Few years ago, this was targeted a TO at £1billion

10k is not a size mate. 100k 200k is normal size of buys not 10k

Annoying price is every where. MM collecting shares because there not much free float and the rise will be enormous

My buy 100k not showing. NT to buy.was very hard to buy. This got sentiment behind it. Double digits soon. Only limited shares available to trade too.

Recent director buys more at 7.5p wasn’t a mug. Directors knew about company financials than many of us here

This is a very interesting situation. Usually companies raising fresh equity are doing so because they are in dire shape and running out of cash, but these guys are road-mapping it as a way to take advantage of a market opportunity as the prime lenders circle the wagons. So the equity raise flag isn't the normal red flag. There is an incredible disconnect here between market cap and rate of cash generation. I can't think of any business which has a market cap of just £15mn while generating £12mn of cash last month, £17.2mn the month before and £7.4mn the month before that. Generating cash at that rate means that their £345mn of gross debt is serviceable. With net debt £275mn and the business generating £140mn of cashflow per annum (last 3 months x 4), the leverage ratio is under 2x, and even that is before the growth in loan book from Q4 onwards, and tailwind of their main competitors pulling up the drawbridge. On balance this all looks like being on the cusp of a turnaround.

look at the valuation on MCL and IPF...they both lenders. one operate in high risk country with plenty of poverty which rose 300% last month.

it is certainly NSF is turn. Broker rating is 24p and the board have said everything is fine. distressed seller is probably gone.

minimum before end of the week. aprrox 320mil shares in issue 70%held by private. 175mil shares already traded. i wouldnt be surprised to see directors buy today

it is not the end of the day yet and tonight people will have a chance to research and find out the price disparity here.