Member Info for pedro61

Oh I see....It explains it!...

Will Investors get shafted again?.....If this ramshackle board of directors ,who think nothing of placings at huge ,huge discounts get their way...It will....in my opinion...

In freefall......for good reason.....This depends on those that have very poor history......What price the bottom?......what price the hugely discounted placing?....History has a way of repeating.....this could eventually go under ,even with further hugely discounted placing keeping the lights on....This is loss making still.....Will it ever make a profit?....Will investors get shafted once again?....

Surrey. ...Great post,you have surprised me with the level of intelligence in that post,as you have never shown me that before. I agree with that post as very well thought through and intelligent.

I am not going as far as that,but, you could infer that I do not trust them,and I think there is good reason not to trust them...That placing at huge discount was a step too far for most....after their performance prior to that....trust in short supply....very short supply....

The biggest question is will the Government start increasing investment in our defence?....Does not look very likely....And without the promised increase will this company survive the realtime cutbacks on promises?

I am not saying there will be a placing...and...not saying there will not.....but,I pose the question....Can the board be trusted?...Have they delivered on promises? Is the company losing money? Was the hugely discounted placing fair for Investors? What is stopping history from repeating? Why has the share price dropped? Why does it continue its descent?.....How far can it drop?....What price could the next placing be at taking into account recent history? Would I really want to be invested?

Percypipe....Yes a great bit of business....What did they pay for it?.....

I recently bought as i feel that we could be near a rerate with anything approaching fair news...This is a hammered market cap that holds the potential for a major rerate...near term...

This has always managed to hoodwink Investors of all types. It hoodwinked myself at one stage,but, I managed to time my buys and sells to make good profits. I am looking at things realistically...For the company to finally get the promised sales momentum it requires a back drop of rising defence spending which obviously in real terms the country is paring back promised expenditure....Those who have believed in company promises and Government promises have been badly let down. Big Investors and small Investors have been hoodwinked,and nothing the company is saying should be believed,in my opinion.

Yes,if the promised uplift in defence spending becomes a real cut instead,then this has a mountain to climb....that is why selling is happening....The wrighting is on the wall......Huge discounted placing will be needed,once again.....at what price will this drop to before the discount happens....This looks to be in freefall ....1-2p placing could occur,especially if they wait longer....in my opinion....

Very dangerous in my opinion,I would not...They have hyped the share and the prospects and let investors down badly by a massively discounted placing to keep the lights on ......Promises and hype will not benefit shareholders and with the cutback in promised defence spending....It looks ominous....very,very ominous,as what price the next placing?.....Who would believe the company after everything they have done to loyal Investors ,so what would be the discount this time?

The company made promises they could not keep,and tapped Investors up for further funds to keep the lights on( ...at a simply massive and painful discount) and they then promised contract wins and revenue and profits that have not materialised....This is increasingly looking like a complete HYPE job to keep directors paid at Investors expense....News this week makes matters far worse....What price the next placing?....It will have to be at a massive discount,in my opinion....Investors are stuck in a hyped share that looks to be doomed,with Government cutting money promised to the sector.....

I must have imagined the turmoil in Government this week....With ministers resigning .....Either I am deluded and imagining things or you are......Must be me....

Will they manage to get a placing away at any price....1p or less maybe?....but,who would invest only to lose it?....Make no mistake this share could be doomed?

You can smell it.....very strongly.....This country is being ripped apart in so many ways....

Will they manage to get a placing away at any price?....Who would take the chance now?.....This could be dead in the water....

Government set to starve the defence of the country of needed funds could hit this share very hard,as the funds needed may result in another huge heavily discounted placing to keep this going....What price the placing....Could be very low as this could be set to drop heavy...Very ,very heavy discount may happen....I am glad I did not invest...I feel sorry for those who are stuck in it....

They need extra time....that is a re occurring theme with this company....extra time to build the hype case?.....No,I made my money on this company,but, simply do not like the hype and non performance,and really thought the deep,deep discounted placing was just a horrible way to reward backers....

Best avoided until the management show something....So far empty promises and a massively discounted placing to thank Investors....avoid ,as nothing but losses for those believing the company hype.....