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spurs777 , one dead stock no momentum mmmmmmmmmm , so correct me if i'm wrong but approx 10 months ago 26/6/17 to be exact i purchased �1700 worth of shares at 2.89p at they are now at 8.2 thats 283.7% i also brought �1500 at 7.01 on the 20/3/2018 which was nearly 2 months ago which is 11.69% up , don't know about you but if a share gives me 11.7% every two months i would be a very happy investor , no momentum in the last 30 seconds , last hour maybe !!!
sorry 3/4 of a million
sorry did i miss an RNS , but WTF ,let me get this straight he(rob P) entered into an agreement which had a penilty clause for a quarter of a million , before he had the funds in place or at what price the money was to be loaned at , nor did he tell the shareholders at what price we were buying said company at - great piece of business !!!! iam i the only one who thinks this is unlawful - did he not need shareholder approval before giving away our money
Afternoon boys and girls , nice to see the old guard still here flying the flag , i see Greenhills is making friends this morning , christ if he thinks that was a bad post (which it wasn't) what abuse does he give gige !!!!!! looked at my HG account this morning and this stock was blue for the first time in about a year, still only about 5k to go after i sold out at 3.2 my bad . oh well its only money , been slowly buying back in av about 7.25 . i think its not about day traders holding this back or the 5/10% profit takers , but more to do with the fact two major shareholders sold out which took about 2 months to clear , i was very surprised that the share price held up as well as it did considering . now they are gone and as the news flows ( as long as its good news) this should start to gain traction and break through 10p and onwards to 15p in the next 2-3 months long term 30p is not out of the question . i did say about 2-3 years ago that this could hit �1.50 in the next 5 years , which now considering the number of shares in issue is now not likley but i can see 75p-�1.00 but that is only if the mining sector doesn't have another meltdown , i can see in the next 12-18 months MRS buying another company and expanding . right that's the predictions done for the year / 5 years gl all MRS lth - quote of the day - for you greenhills !!!! "We�ve long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.�
from what i can remember there is no time scale for a company to be suspended , the only thing it must do is product accounts by a specifiled time , if memory serves me right paragon diamonds was suspended for about 1.5 years before it was officially removed from aim . when rp said end of month / beginning of april i did think he was being very optimistic in the time scale , from past expereance these things usually take about three months , the thing that bothers me the most and is probably the thing holding up the process is the price at which the new shares are issued at , the company will want to give up as little as it can , but as a backer they will want as bigger discount as they can get , i think this is what is the holding up the process , agreeing to a price , how big will the discount be to the share price , also remember if the offer is tottally shi* we as shareholders can block the deal , i think rp has tottally got things the wrong way round , what he should of done is gone to the market found out at what price the money was going to cost the company then put the proposal to the share holders and then processed the deal ,for me hes done things the wrong way round , as a share holder we don't know how much the company we are buying is ( the figure given was an approx , we don't know how many shares we need , and we don't know the price of the shares , aslo we don't know what the consilidation will be ,1 for 100 , 5 for 1000 , total lack of information
i think today is a really fantastic day , why you might ask , 68k of sells and the price only moves 1.4% down , you have to ask why is this not down 5-10 % on such big selling , mm are storing shares as they know once the selling ends they can move the price up quickly and make a killing just added today another little top up will keep buying if this continues the drift
Afternoon squareballs , i agree its an investment not a trading share , we will have to disagree on the growth bit , im not saying we will not expand and that we still have the opportunity to grow , but with all that is going on in hunters valley and the surrounding area , do you think we can cope with the influx of work that is available , its a nice position to be in , but we might be better merging with another player
my bad , sorry meant trevor brown , got my tb's mixed up , if tim was selling it wouldn't of made a blind bit of differance as he Fa to sell
Great find Draft , having been here for over 4 years off and on , reading that just reminds why investing in aim shares is so very dangerous , you can have a great little business but if the management are a bunch of crooks then it is ultimately going to fail , thankfully we now have a great board and have turned the corner , while i wish tim burton wasn't selling without his help this company would now be in liquidation , the share price is only reacting to the flood of TB sells it won't last forever , and to be honest its held up well , over the next few weeks/months i can see this moving up slowly and with the end of year figs hopefully showing a great profit ,i think the biggest factor why the share price is a little flat is the amount of debt the company is carrying , remember the lost for last year was just under 10 million with the reduction in debt and finance hopefully reducing month on month , this will lead to a larger profit margin and more profit which i feel will move the share price significantly i also think that in the next 6-18 months we will see some form of acquisition or merger / takeover as it has been hinted at that we are running at max capacity now , the only way to increase our size is to merge with another company . patience will be rewarded gl all
Afternoon boys and girls , haven't posted for a while as nothing has happened until today , nice to see the figures in black and white , share price a little disappointing , maybe people thought it was going to be a lot better than what was quoted , all that matters is after four years of none profit we are actually a profit making company , if its any comfort i remember SKY announcing the first time it made profit and the share price tanked by 25% !!!! , however i do agree with Glandore growth is not going to be stellar , please let me explain , while mrs may have this year a turnover of 66 million which compared to last year may look like amazing growth , it is in fact still 20 million short of what subzero where doing a few years ago , however and this is where it all went wrong was the fact that subzero management all had there heads in the trough bleeding the company dry , plus the massive debt . thanks to the new managment we are now a lean mean fighting machine , which will grow and grow , i for one will be happy with a nice steady growth per year for the next 5-10 years weedavemac - gin !!! had you down as a malt whiskey man - pataince will be rewarded , just remember the old saying turnover is for show , profit is for dough !!! and we are making a lot of bread gl ALL
From previous experience of other companies that i have owned which have done the same thing , i think we will eventually come out of this quids up , however this will take a long time to resolve its normally about 6 months before trading will start again , also as someone pointed out will we trade on aim , personally i think we may duel list as it mentions that we are to trade in dollars and not pounds any more so would make sence to list in the USA , also they seem to paint to new company as a profit making company however why are they using ebitda numbers and not net profit numbers , i would personally like to see the accounts before making any decision gl all
afternoon boys and girls , very wierd day trading , 10% down on very little trading , i wonder if there is a big sell in the back ground probably not ,just one of those days , oh well , bought a few more with the profit i made on versarien since i'm having a slow day Jimzi i will answer your question on nice but dim Tim this is the man who didn't see the former ceo buy a 2 million earthmover , nor did he see two major projects default payment , nor did he see a cash payment of half a million to backmann which should of been shares not cash and he's in charge of the accounts !!!! thats is why people are not happy with him keeping his job !!! oh and iv got more shares than him , hope that answers your question
Afternoon Squareballs , while i a agree with you , in principle , and hence why iv brought in again , i can see why the price is stalling , firstly a bit of a sell off due to xmas, people need some cash , secondly people will of taken some profit , not all investors are lth's many people bought in at 4/5/6 p given them a 70-100% return which is not to be sneezed at , also as someone pointed out the other week the number of shares in circulation has gone up so it takes a few more buyers to move to price than it did before , but i do think the main reason is its past performance , it doesn't matter why, all that counts is it did happen and people are wary of getting burned again , its all very well saying we are doing this and that and are going to make xyz profit but until its in black and white on a balance sheet signed by an independent auditor then people are going to be a bit cautious given the companies previous track record .yes i know the company is completely different to what it was a year ago , but many people don't , know this , if you were looking at this company for the first time as an investment , be honest !!! looking at what happened and the balance sheet , number of dilutions , board members taking the piXX would you invest as a first time investor ??? , probably not , its only when you dig deeper into the why's and the how's and really research this company that you realize how under valued this company is , i think the true value will come when the next set of results are posted until then the price will float along , hope i'm wrong and that it moves north in the next couple of months , but for me its a waiting game , once we have a set of accounts with a big profit in the margin , then it will be lift off and never mind 20p i can see this in three figure country by next year , predicting what will happen and what actually happens is always fun gl all
hi weedavemac , hope you are well , its funny but i sold out at 3.2p and took a loss of about 5k , licking my wounds i started to look for a few shares to pull myself out of the mire , came across a share called versarien , small aim company making some sort new plastic , stronger , lighter , more hyginic than anything thing on the planet , did,nt really understand what it made , but saw an interview of the ceo on vox , don't know why but it was something he said that made me buy bought 2k worth at 25p two/three weeks later rns comes out its got backing from the worlds biggest plasics packager unilever share price went metal sold at 75p happy days , the one thing mrs did teach me is not to put too many eggs in one basket , one of the main reasons i sold was, i was massivley over exposed in one share although i took a hit of 50% loss , if i had loss the lot it may of took me years to recover those losses , never again will i allow myself to get to attached to one share again making mistakes is human nature , but learning from them will make you stronger and wiser gl all
thxs Squareballs, must admit i thought i had missed the 8p mark but the xmas sell off has put the price down a bit so yes i think iv got a good entry point , its funny but if you compare the price a few years back when it was 30p and what the company was then , and now the price is 8p and what it has now, 8p is an unbelievable price all they need to do is carry out their plan and hit the target they have stated and my prediction of 2 years ago of £1.50 may actually become reality , i think the only reason the price is so low is the market wants to see the proof in the next set of figures , given mrs past , you can't really blame them for no believing a word the board says , its ok to say were going to make 4 million profit but until they do then the market will be very cautious , but with all the director buys and zorbas company raising its stake gives me massive confidence that they are actually making money , a lot of money so here to to great year
well as the old saying goes , if you can't beat them join e'm , still been following this share since i made the decision to bail , but with all that has happened in the last three months , i can see this as being the company it should of been 18 months ago can only see this going one way now . a little investment of £1650.00 (8.22 is mine ) to start with but as more funds come available will build up again , nice to see the old faces are still on here , hope you all had a good xmas i see gige's english hasn't improved !!!! good luck all , hopefully this year will be stellar
Hi Jetsetwilly - i should point out that broker analysts , is up there with lies ,damn lies and accountants , firstly we are a client of Allenby which means that there are not going to give a bad review of our company , you don't bite the hand that feeds you , i'm not saying the figures are totally off but broker info should be treated with caution and in context of who is paying for the information , to be honest i hope allenby figs are way off as it inplies that costs will be 16 million for next which is a massive jump from 9 million , considering all the personall and building costs for the usa office should be in this years figures , what are we spending the extra 7 million on , i don't mind the extra cost if it is to generate 10--15 million revenue , again rob need's the inform us what he plans are , you say that not many aim companies do , i must disagree ,without information nobody will invest and without investment no business will survive -come on rob show us your grand plan !!!!!
Don't post very often on here , but thought i needed to see what other peoples feeling are after the last rns , iv been invested in here three years now and have always thought this was a slow burner , it does take time to land grab and to build a base of operations , the company seems to be making all the right noises and has put up some impressive numbers , ad impressions , number of customers ect , however while this numbers and figures are impressive they are of little consequence, as the saying goes turnover is vanity , profit is sanity , whats worrying me is the lack of actual figures , and what is the point of stating bookings for next quarter 1 are ahead of management expectations if we don't know what the expectation is !!!! is he expecting 1 million revenue 5 million WHAT figure are you saying we are ahead of . for what little info rob has given us , i calculate we need next quarter turnover of between 4- 4.5 million other wise there will be another placement and more dilution will follow this is based on the follow turnover 4.8 million , costs 9.0 million hence a loss of 4.2 million for last year , since we are expanding i think costs for next year will be around 12-14 million that means revenue will have to be between 3.5-4.5 million per quarter i'm not saying this is not achievable but as a shareholder rob needs to firstly tell us what his target figures are and how he is going to achieve them.
thanks gunner , i though two of our podcasts got over a million , but i will bow to your knowledge , maybe i was looking at yearly and not weekly figures still the numbers will only go one way UP !!! ps can you point me in the right direction of how you look at weekly listerners figures for our podcasts many thxs
for those who are thinking of selling and probably banking a nice profit , here is a little back of a postcard figures you may what to think about , please will someone correct me if these figures are totally off but ... at present we have 3-4 of our own podcasts with another 3-4 to come on the revenue stream in the next 3-6 moths if we say we have five in six months time and each podcast has an average of 1 million hits per week that would generate a revenue of 5.2 million this is based on �20 per 1000 listerners (very conserviitive fig you can get �45 per 1000) if your podcast is massive josh rogan's podcast earns him �4 million a year in advertising , so a 1 million hit equals 20k x 5 podcast x 52 week = 5.2 million a year this is the revenue on only 5 podcasts image if you have 50 !!! this is why acast is valued at 100 million audioboom valuation well i will let someone do the maths but we are also starting to enter india podcasting while this is in its early stages of podcasting the scope for reveue is massive india populatoin 1.3 billion so if only 0.1 % of the population listern to your podcast that's 13 million or put it another way 13.2 million revenue for one podcast in a year five pocasts in india 60 million plus still want to sell at 3.5p i think i will wait till the decimal point moves two places to the right !!!