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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
kdogg - i wish i shared your optimism , the share price is at a price it should be , iv been involved in so many shares where a placing occurs and the price of the share 90% of the time settles at about a discount to the placing of 20-40%
so one could argue its better than the norm at a discount of around 15% , i was pro on this share but have taken to reduce my exposure on this share as the numbers just don't add up in order to hit break even we need approx 7.5 million in the last 6 months unless q3 is stellar i simply can't see us doing this , and it will be a case of next year rodney , remember we were told the same thing two years ago , im not saying the business model is not working , it's just the time scale and money needed to fund it , yes the loss each year should reduce and i think that they will one day start to make a profit but its not going to be this year , what worries me is there is too much focus on the kpi numbers and people get sucked in seeing massive increases from the previous set of figs , the only figs that matter in business is how much did you sell and how much money did you make !!!
i wish all holders the best but i fear its going to take a long time to see some profit
i think hes just dumped 450,000 at 11.16 hopefully that was his showing as a buy but its not its a sell
very nice two days , we had a rise last week but this was offset my bachmann selling and we lost most of the gain this week however two days of upward movement , i think its a combination of people wanting in as bachmann nearing 3% i actually think this mark has been breached now and or hes stop selling as i stated before we don't know if he was selling the lot either way he comming very near to the end of selling the mm know this and have taken the brake off 10 p in the next couple of weeks then a slow grind to 15p before results then who knows
gl all
just done a quick total of buys v sells ,back of fag package in my head but i have approx 115k of sells and 82k of buys
the sells defiantly out weight the buys so why the 11% increase anyone what to wager a pint with me that in the next couple of days we see one massive buy recorded say 10-20 million share buy
any takers !!!
evening squarballs, greenhills
a very eventful day for mrs , the volume was unusually high , i realise that a lot of people are trying to get in on the back of bachmann begin out , i bought more last week so i got the timing right (more luck than judgement !!!) i seem to get buying and selling this share absolutely bang on or a total disaster iv bought at 3 sold at 30p b.
ought at 17 sold at 3p hopefully its now bought sub 7p sell at 30p this time around eh only time will tell , the last four years invested in here is enough to turn your hair grey !!
however todays buying is more than just people taking a position far to many people buying today compared with the last 7 days trading i would of expected a gradual increase in trades as bachmann sells out but thats not what has happened , i think and its only a guess but i think bachmann has stopped selling , we all assumed he was selling the lot but was there a statement by him saying I'm selling the lot he may well keep a few ,give to kids grand kids who knows , iv been following the trading on a daily basis and can usually spot his trades usually in 2/3 and 500,000 sells but today i am struggling to spot which ones are his he usually trades in round numbers so even the late sell at 17.18 maybe not his , and why would he not off load a big chunk today he could of easily offloaded a million or two today no big sell after hours either , tommow will be very interesting and may well shed some light on his position
gl all
very good day even called the second sell by bachmann another 30k off the books nearly 850,000 share less of bachmann sold today (maybe)
has everybody given up , its all gone quite , can't trade this share as normal had to use a kill/fill order to trade , can buy but can't sell as there is no market to trade on , none to little trading per day whats going on
i think they may well off load another 2/3 00000 today while the price is over 6.5p it seems they off load 1/2 million when they can get over 6.5p but its all guess work it may be just a private seller who knows
sorry missed first trade hopfully that's another 200,000 deduction from the pot
looks like im not alone this morning 8 trades so far all buys ,
oh just forgot i'm not a day trader , just topped up this morning at these prices its free money , the only thing holding this back is the sell off by bachmann ,hoping it doesn't fall to much before normal market forces resume once again , but if it does i will add again so win win
gl all
thanks buyandhold , not so much a contract , but a subcontract ,still money is money and its going to take a lot of earth moving days to build a new runway .
morning buyandhold , i know you posted lots of reseach on this ,and i thank you for your post , but where is the confirmation of the contract,please can you point me in the right direction to find this
many thanks pet
nice rns , telling us they are expanding , but the sneaky bit is what about the rns stating they acquired the contract in the first place , or did i miss that rns ,if i did my apologies
either way this is greatt news mm like up 5.2% in spreadxx
Jolly - you are probably right but they could of said this is a big, significant or words to that effect in the rns
nesty -i agree , as for it being a dead stock , the share price in my opinion has held up remarkable well considering we have had three big sellers as soon as bachmann has sold out and we get the final accounts 7p will be a distant memory
To be quiet honest , i think its a good thing we are now getting rns on small improvements to the company , it shows that they are improving communication , however it would be nice to get figures on such rns , i refer the the glencore rns
yes nice to see we have a new ( i assume new) 2/3 deal with them , but as a shareholder i want to know what its worth was it for £1 or 20 million , same as the bulldozer ,yes nice to know we are buying big equipment , but how much did it cost, how new is it.
i suppose some news is better than no news as the saying goes , but come on MRS give a bit more detail in these rns please !!!
from the internet -
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thats what the book built was for then !!!!
have faith gunner - the failed takeover cost us dear , probably to the tune of 0.5-1.0 million , if we never entered the deal i believe the first half results would of been much better approx 3.5 million , now this is out of the way its full stream ahead , also the h2 revenue is always better than the first half last year 1.8 h1 but 2.9 million h2 last year , also a lot of what audioboom have been doing such as new podcast and in house content has not been booked in the first half figs so yes i do believe we can hit 10 million for the year
looks very good to me ,feeling a lot better about my investment , should now be able to break even and be cash positive by end of year, target was 10 million for the year , i think we should now smash this , can't believe no movement in price this morning.