RE: Bit of PR finally17 Aug 2018 12:21
Losingless , i agree totally that you have to land grab and that it costs money to do this ,my problem is rob proctor , i have been invested in this for 3.5 years and i have bought and sold this share many times and have been lucky to buy and sell at the right time ,and manged to make a few quid , the problem isn't that i don't think it will eventually make money and hence make me money its the trust and communication that he puts out , you can't keep saying we are going to break even year after year and not deliver then at the end of the year need to do a placement when six month pervious you said we won't need to do a placement as we will be self funding . i would rather he be honest and upfront with his business model and say ,look we are increasing our profit margin (which they are doing ) but its going to take 2-3 years to expand (land grab ) we are going to need this amount of money to do it , not keep saying next year rodney please can we have some more money , there needs to be honest updates and forecasts on when we are going to break even and not an end of year report with great kpi's but showing a massive 4.4 million loss !!!
investors will start and in my opinion already have lost faith in this company hence the very very small trading numbers per day ,
i have reduced my holding in this as i feel the share price on a risk /reward basis is way too high a present ,that is not to say that if the price falls to a level that i feel is good value that i may start to add again but at the moment i can only see this drift lower and lower , only a steller q3 figs would change my mind at this present moment in time
i wish all holders the best - we are all invested to make money