Member Info for pbody

easy 10% today.

cc2015 be carful what your dealing with.
I totally agree with you.
but these are people who only post on interserve.
I think some are employees/ex employees' or sub divisions of such.
I doubt they post on other shares. they will be grateful for your advice and will sometimes have useful knowledge but you could take all day, day after day.
best of luck to you.
suggest buying in again sub 10p

the ebitda id 59million.
the market cap is 61 3/4 million.
the fleet is worth 920million or better.
the loan is less than half the price of the fleet.
its a new fleet I can only see those figures in a positive light going forward.
lets hope other see these figures and think.

i really dont see bank forclosure here.
you have some remarkable vessels, truly unique.
I doubt very much it will go to the wall. the oil industry in general is hitting hard at the moment.
not on profits but on its willingness to spend as the price is low.
they have contracts coming in in jan and that's a big help. none of this has factored in the price at 18pps.
it stayed flat. it could well have bounced back over 32pps with that news.
buy in on the cheap and getting a foothold in the board or the ability to run 2 companies whilst in a state of market panic.i am not sure they would have had the money to get on the board otherwise without driving the sp sky high.
I mean the 24th jan said the banking covenants were fine for 2018. just the warning in dec.
now you have shareholder fear to overcome.

the more I look and think
the more I believe the SP recovery was effectively halted by the seafox offer of 18pps.
it stalled the SP recovery, was not the usual market offer of double the highest SP in the last year.
I am not sure that SEAFOX just wanted in on THE BOARD at a bargain price whist they were in turmoil?
hope they are prioritising GMS and not seafox....
that's after 8 hours reading.
bed now
see you tomorrow
best of luck all I think were being strangled at 18pps

yep. posting on nightshift has its downsides.
not being able to read the word doing being one!

whatever it was nov15 onit never really recovered the SP.

and that is the sp 2015 and 2016/17......

from what I can work out the market cap should be is (best guess rule of thumb 7 to 10 times ebitda)
ebittad of 60 million US 2018
puts it in he range of 420 to 600 million.us market cap.
with 360million shares in issue.
that's a rough sp of 1.20 and 1.70 us that's dollars not cents!
all things being equal.

i'm not sure what camels run on tbh.
I think its leaded 5 star!
I have a sneaking suspicion I would get a fine from the met police for clear-up costs! or worse still congestion charge! I have a fear they might emit more greenhouse gasses than my Morris monor.
yes the seafox statement has done one thing. Its not allowed the SP to slip far from 18pps (I doubt it would anyway) but it has stabilised the SP during board transition....there has been no real movement.
tbh looking at companies that have this sort of sp dive (which I do regularly) its the only time I have seen this happen and it has damped out any real pump and dump. perhaps it was more shrewd behinds the scenes between gms and seafox and the likes of us shareholder didn't fully see it??
classic dive SP company is interserve.
its SP can half and double again in a week. gms has been stable. I will give it that. I do feel it has a stability that allows a foundation to work from and with on that score.
but it does make me wonder what deals could be negotiated with voting rights at the meeting.......or a price for sale somewhere above 18pps should someone not be brave enough or need the money or just want out of the situation.

are you starting to see the sheer volatility and massive swings on this.
if you put your money in a 5p at xmas that's one thing.
you are in a position where trying to put together a deal that's good and doesn't leak every 5 mins and effect the SP
dramatically....you could buy in at 20p to find a deal worth 10p!
as I stated earlier I would hold my money till after......know what your getting.
best of luck.
cc2015 especially.

Bilbo.
I cannot PM you as I dont have premium. tight sod.
have a look at FFI

they were holding a investor gathering any news on that?

well perhaps the new financial year will give the much needed boost.

I have double checked it in case my memory was playing me up.
the price was 17p on the 10th before the offer of 18 on the 14th.
just my feeling at the time.

it can be a problem for newly listed aim stocks.....they drop.
perhaps it will spike.

there is some chunky buy ins but not a lot of chat on this board.
dont expect any massive shift until a director buy in or positive rns statement.
looks a bargain tho tbh.

yep.i think that's the problem.
the price is worth double......lets add some figures to back it up.
dyor is true.
I think it will go up but I also believe they have thrown the kitchen sink at it to halt a slide and give it a boost.
I reckon they were seriously overvalued at the start.
honestly babbler good luck we have chatted before but I think it might be more of a wait than you think. and there may be more buy in opportunity yet.

well yes but it is a pity the SP isn't above the 18 (ie at 22) as it shows seafox have effectively "set the price" of the SP with that offer!
which is halting the recovery. IMHO people are thinking 18 NOTHING ELSE as a baseline.
how the GMS board can get past that and how seafox can say there in it for the shareholders when the sp was at or above 18 I dont know!
its just how it appeared over the days when it dropped....to me at least.
I just hope the SP rises well above 18 before the meeting to add weight to the fact there is a damping factor with this 18pps offer.
I think its basically halted the recovery.
the oil price hasn't helped.
look at premier oil...they took a hit from sept onwards.....oil/rigs and the sector are not the flavour of the month....also a good reason to buy while others flee......
i didn't explain myself i would not call someone thick.....

nope that's not what I am saying.
what I was trying to say and perhaps my point wasn't clear.
if you bought in at 12 it went to 22 or 23 and its slipping back to 17 as it is now and seafox is offering 18 and halted the progress of any upward swing from 22 or 23 then you would be getting nervous from the 22 high (100% ish profit reducing to 50% say) slipping back to 17.
low volumes and the difficulty to sell (or buy) is also a tricky factor. lack of sells and buys tipping the price with every (relatively)small trade is going to put doubt as GFD rightly pointed out its a waiting game. not getting sweaty palms is bound to be an issue.