Member Info for Paddyboy1

Not sure a couple of pence rise is exactly rerate cause celebre but nice to see it green for a change on a poor market day!

I've seen a number of comments on here suggesting interest rates are going to rise again. My understanding is it's all down from current level. Just a matter of when & by how much!

I'd expect that on an AIM tin pot claiming to have to discovered an oilfield to rival BP & Exxon under a Yukka tree in Timbuktu!

Look at the positives. Due to Garat you can buy more shares at these daft prices & make loads more when a proper CEO comes in!

Smokey, My own view is Garat is probably a dead man walking. Overseeing a 6 fold constant decline in SP over 3 years is just abysmal but they need a succession plan in place rather than just show him the door. Nice to see this up a bit today. Looks like these are getting well bought up at these levels. Probably see the shorts decrease this week like at DOCS.

I prefer to stick to fairly easy to understand business models. This should be one of those. You run coaches & fill them with people at fares which are high enough to cover the costs (driver wages; fuel; depreciation etc) & you add a 15-20% premium on for your margin & that is it. This is why Stamp had to go. The financials are not being diligently managed!

Hindy i actually remember you talking about DARK on here when it was mid 200s i think & i saw it drop to 195 i was a bit tempted but it looked a bit of a basket case then. Same type of commentaries on here now tbh!

Schmoky, most people will be sold & gone here once it recovers to £1+.I won't be one of them!

Was so close to buying GOG at low 400s. i remember that one very well!

Yes, i sold a 30k holding in John Wood to buy 30k of these. Shortly after JW had t/o offer at 220. Just how it pans out sometimes. I really think people are overthinking this one though. It'll come back in time!

Did anyone on here have buy orders for 888 at 48-49 like me? missed out big by scrimping 1-2p

JG i think Hindy is referring to intraday lows.Not closing prices. The covid intra day low was 66.Close price was 91 on that day. 54 intraday in october. close 56 if i recall. I always thought on TA you went by close prices not intraday but i'm not really into all that stuff!

This share had a rights issue mid 2020 fully subscribed where investors were prepared to pay 220 per share for each rights share. At that time the whole fleet was non operational & staff were furloughed. Ask yourself: is the company really in a worse position now or perhaps 2 years from now than where it was then?

Talk of administration is just so daft. Watch the presentation.Stamp has stated.Covenant gearing is 3. Well within their limit of 3.5. They were prepared to pay a dividend at gearing of 2.8 & it was only pulled due to the realisation that deleveraging was going to take longer. Think longer term. In 2-3 years a buy at these levels could be yielding a dividend income of 20+%. There is no reason that cannot happen here as this is historically a dividend share. everyone is focused on the neagtive stuff but ignoring the positives that may happen in time!

Personally i'm more interested in where the price is in 12 months!

The simple advice is: If you think this is going bust: Sell everything or don't invest in it!; If this is going to low 40s: Sell everything tomorrow & buy back at low 40s! There it is.The end!

You may well be right Smokey. I was in on both Boo & THG when they were originally dragged down to 30p so who knows. Hoch was also dragged to 50p but that's tripled back up!

Back over £1 in few months!

I hope it goes low 40s as i'm buying more!

End of 2022