Member Info for oilpeak2019

This has lost 90% of its July 2021 share value. 566p in August 21 - now 69p !!

I can't imagine many CEO's or management teams keeping their jobs in other companies with 90% share destruction !!

Smart for himself or his shareholders?

I've worked for a company that wanted external shareholders money, but they didn't care a damn about them

Oh dear - 'B' shares - sounds like SMS is a control freak that has no place in a publicly listed company like this. Unfortunately control freaks (who are not team players) usually end in failure

Makes you wonder if the S4 Board thinks there's still worse to come. It's a great time for directors to be buying and incentivizing employees with shares rather than large salary increases. Does SMS still have his marbles or has he disappeared into 'don't care land'

SMS needs to step aside and let new blood run the company. What does a dinosaur like SMS know about digital marketing? ChatGPT can provide better campaigns at one-hundredth of the price of companies such as S4. SMS's biggest mistake is focusing on digital when it should be multi-media advertising campaigns. Most digital companies have the intelligence to design and run their own campaigns using the multitude of software tools around them...

Sorry to say I am invested here, but I'm not invested in SMS and blind faith in him won't produce a share rise. As demo'd today, he believes you grow a company through acquisition rather than growth to the bottom line. Possibly one of the biggest con-men going with an ego the size of the statue of liberty

Today's trading update didn't deserve the resulting response from the market.

True, the figures were unexciting and flat from 2022, but they're still bringing in a healthy revenue and making a decent profit. Average share price was 137p in 2022, so now at 50% lower with stable trading results in a tough market.

I can only assume that trading houses are taking their money out because there are better growth opportunities elsewhere over the next 6 to 12 months. But this is still a seriously undervalued stock. I welcome counter views in case I've missed something

Not sure why you have a lot of respect for him. His 'reputation' clearly preceded his ability to deliver. Myabe he was just a small part of a better team at WPP. Maybe his living of his salary now and not the share price

You don't often get such a large company run as badly as this. Time for SMS to stand down

I agree - and i've worked in China for 3 years (before Covid) and seen the pace of growth there. There is no way we're going to wean ourselves off of petrol. But it doesn't matter what I think, its whether the stock market believes and responds to such statements.

how do you know this ? it is equally likely the price is being artificially pushed down to let the US buy in cheap

EU has announced there will be complete ban on new petrol/diesel cars in 2035. I wonder what they'll all be running on?

You just know the moment any UK share is listed on the US stock markets it's going to get bashed and deramped by market manipulators. For me, the moment a UK stock joint lists on the US or Canadian markets its time to jump ship. Also, CTL have joined US market to raise money easier. That may be why stock is being pushed down to make it more attractive to US investors.

I know markets are forward looking but last report in October said revenues and profits were up (although some worries about supplies from China).
Is someone trying to acquire significant holding on the cheap - maybe to force a sell

How credible are Peel Hunt - do they have an interest in pumping this share whilst there are unknown issues behind the screen

How credible are Peel Hunt - do they have an interest in pumping this share whilst there are unknown issues behind the screen

Mind out for rampers - joined Twitter in November 2022 and now posting on this board
No doubt SPEC is undervalued - but markets loose their common sense with a recession on the horizon - despite the fact people still need eye tests, glasses, and contact lenses. The demand is not going away - but profit levels may be hit over next 18 months.
All companies today are approached by buyers trying their luck - but it doesn't mean management wants to sell out cheaply.
SPEC has problems with its Chinese supply chain becos of the Chinese Gov position on zero-covid but that is now being relaxed. Unfortunately, China is still going to catch a very bad cold because the population is unvaccinated.
SPEC needs to quickly divorce itself from China and find western supply chains. Until then, this company is risky.
There is no doubt this is a good long term value investment - but don't rely on rumours of acquisition........

Whilst searcing for my next investment I came across AGM.
How can a new technology company go from £4 per share to 6p per share in any market.
Defo looks the board of directors has been dining out on this with their little piggy snouts in the company's coffers.
Maybe watch where the directors next go and avoid.
So sincerely sorry for those that have lost out - I've had a few AIM bummers - the AIM market is full of cowboys and should be abolished

Did you not understand his accent or the details of what he was saying?
He seemed genuine and honest - I was more worried about the 'english' managers who seemed to speak in double talk on occasion.
I am invested.
The bottom line I took away is that they will need to raise additional funds in future to pay for processing infrastructure or give a concession (buy-in) to the processing company because of capital costs.
I would anticipate 20% dilution at some future point - but hopefully shares will be much higher by then.
I suspect the market has cooled in the absence of any more news for a couple of months, plus presentation was really no different from presentation in August (on their website) except for increase in resources at Laguna from 1.2mt to 1.5mt - that's not exactly earth shattering

I think we've all got used to RNS's first thing in the morning - but they can be released at any time during the day whilst markets are open. They may release RNS just ahead, during or just after presentation.
I do wonder what caused original meeting delay. Maybe JORC is still being firmed up, or maybe there is a bigger (maybe smaller) surprise. If it's huge, they may be getting unsolicited offers. Could be an exciting day whatever is to come

It could still be an overhang from Canadian investors selling UK stock,. Don't know if Neil Woodford held any of these in any of his funds, but he is having to derisk his funds and close some/all down.