Member Info for Profitbagger

WG, agree and yes, ANGS confirmed that paying the senior debt earlier will accelerate the first royalty payment by a few months but it must be cost effective to do that or they wouldn't do it, would they?

ANGS are following an accelerated repayment schedule for the senior debt so cash is being generated and the financial position is continually improving - just slower than originlly hoped. Anyone else remember GL stating that debts would be paid off in the first half of this year! This loan to equity conversion is simply a way of decreasing debts to secure better financial terms for the remaining debts / global financing. May even be a pre-condition. So much money has been lost to loan sharks but they appear to be slowly extracting themselves and on the right path.

I had exact;y the same view on the lock-in period - it's is completely meaningless due to the size of their existing holding.

So 3m loan converted to equity at rock bottom SP with the strike price of 300m warrants also now set at the rock bottom SP. Must be the most expensive loan in history. Can't see why they can't get banking facilities at much better terms, esp now they have a long term producing asset with a constant revenue stream. ANGS seems to be constantly shafted by loan sharks, almost by design. Hopefully Singhie will finally realise how clueless he looks with his daily SP forecasts and assessment of debt/cash.

Don't encourage the numpty. His worthless share price predictions today are different to those he confidently made yesterday. No doubt they will be different again tomorrow and the next day and the next. The only consistent part to them is that they have been wrong on a daily basis for 6 months. Embarrassing himself and junking the BB for no purpose and you're calling him one of the brains on the board. Geez.

Why do you continue to insist on embarrassing yourself daily, posting this complete and utter garbage.

Here is a recap of your November 2023 share price predictions along with the date you made the predictions, based on your share price tracker (aka dodgy spreadsheet):

12 Mar - 3.1816

7 Apr – 2.9310

17 Apr – 2.6602

26 Apr – 2.4639

19 May – 1.6850

18 Jun – 2.14

Or you can see your February 2024 predictions:

12 Mar – 4.9985

7 Apr – 4.2344

17 Apr – 3.9398

26 Apr – 3.7285

19 May – 2.6915

18 Jun – 3.32

2 Jul – 1.93

21 Aug – 1.57

And yet here we are at 0.65 at the end of September.

I thought you got the hint when you followed my word of advice not to predict share prices to 4 decimal points, although two decimals is still daft ! but sadly the only consistent thing in your posts is that they continue to wrong on a daily basis and make you look like a complete numpty.

Please, give it a rest and stop junking this BB every day.

The most useful you could do is to take your output data and post once a month what you believe the cumulative revenue is for that month. Not that it’s likely to correct but at least it would cut down the dross.

I would expect something to be announced in the next couple of weeks. Investor presentations are often held on the back of positive annoucements. Let's hope for a few decent contract wins. Confirmation of guidance.

It's just a real shame this company was in the hands of grubby second hand car salesmen for a few years. If Mo, or a similar type, had been at the helm during the period, we would have had stready progress. Instead we got BS and plenty of it. It's really held the company's MC back. Future £1BN valuation, cash generation, spin-offs.... all utter BS.... and to justify awarding themselves significant chunks of POLB as 'motivation', fleecing shareholders in the process. POLB has been equally disastrous. Run by other grubby car salesmen, trading below the IPO price ever since flotation, with further losses for shareholders. A complete shambles.

Anyway, good luck to Mo and team for a steady approach, doing the fundamentals well and rebuilding trust.

Still posting drivel. Embarrasing.

Great strategy. Let's keep it all in the ground. And you're the one calling others a bell-end. rofl.

You're writing that to someone who posts once a month, to support someone who writes complete garbage multiple times per day. Really? Can see why most people can't be bothered with this BB. Anyway, GL with your investments.

Pls stop junking the BB and embarrassing yourself with this daily drivel. Abs pointless.

'my pricing model'.... rofl.... daily drivel from a spreadsheet that has been wrong daily for the past 6 months. When will you stop embarrassing yourself

I am chilled :)

It is not a question of hating him or not. He spent two years talking nonsense and there will be people out there who purchased in the 30s and 40s who lost small fortunes as a result of being completely misled. Fortunately, it’s been a great investment for me, so I’m happy but what about the others?

My objection is simply with people that even now think the sun shines out his back-end. It doesn’t and he deserves to be criticised severely for what he did and others here need to be less emotionally attached to him and / or their investment.

Exactly what events overtook the company? No one asked CF to mention 1BN valuation (eh?), NASDAQ listing (when?), spin-off dates (missed, when?), generating cash every month (none generated), revenue targets (all missed), generating profits (none generated)…. for two years, we were fed a load of BS, investors were misled and confidence was needlessly frittered. SP below 10p reflected that.

Maybe CF is doing good things behind the scenes. Let’s hope so but he is still a grubby second hand car dealer. MK is a much better fit for a CRO and doing fine. Just keep CF away from a microphone and off picture and it should be onward and upward for HVO.

LTIP reference price of 11p.... like wtf... cratering investor sentiment by spouting BS for years and then using the 3 year low point as a starting point.. really?... announcing a 3 year incentive plan where the target has pretty much already been hit already. Complete nonsense. Call it a bonus or pay rise but not a LTIP.... Mo is doing a good job which we are all starting to benefit from so I'm happy for him and it's deserved but surely the company can do better than this. Obv knew it to by announcing a contract win to deflect attention.

Skywalker, yes it's good to see some good news finally on the financials and credit where credit is due. We agree, from differing directions, that the nonsense said over the past couple of years will fade with time and the good work in turning the corner will hopefully speak for itself. That said, there will some who purchased in the 20S, 30s and 40s who would have been badly burnt by the rubbish said of billion dollar valuations, cash and profits being generated when they weren't, fanciful revenue targets consistently missed, completely misleading information on spin-outs. So if he is there doing great things in the background, great, but think it is best for all shareholders if he is kept away from a mircophone long enough for trust to be rebuilt in the company and there is something tangible to be said, as opposed to the massive pump and dump of the past years.

All they need to do today is stop Charlatan O'Spiel coming out the woodwork. Keep him out of sight, with mouth firmly shut and then may be all the BS told in the past couple of years will start to fade and the numbers will start to support the SP again. Anyway, well done all at HVO.

Looking at the board members of O'Spiel, Johnson and Toole, shame there's not a 4th member called John Thomas to complete the set.

Citizenlane, I don't doubt the good work done in achieving the turnaround but amongst the stream of nice headlines and contract wins, they haven't achieved any meaningful profits or cash generation yet. That will presumably come when revenue goes up from 40 to 50M per year on a fixed cost base. Y22 is supposed to be the year, isn't it, when that finally happens. That's why H1 results were so underwhelming. With full year results more than 6 months off, ORPH's SP is treading water. Even then who knows whether the full year results will live up to expectation as they have built up a history in the past couple of years of underwhelming investors with their results either on the revenue side or the cost side and trust has been frittered away unneccessarily, without even mentioning the spin-offs and future 1BN valuation stories.

H1: Accounts receivable 13.3M vs accounts payable (ie incl prepayments on contracts) 23.7M vs cash of 15.9M
Considering cash of 15M was raised during H2 Y20, article just shows once again the complete lack of cash generation in the past two years despite a full order book.

O'Spiel made a series of crass comments re: spinning off Imutex, ignoring the fact that OO is a junior shareholder and insulting the majority shareholder at a perceived lack of progress, which got OO abs nowhere. Flip side of fearing OO will handover 49% for a nominal fee equally makes no sense at all.

Shareholders having been fed a croc of Spiel for so long, have now been kept in the dark on these issues for over 9 months. Think shareholders deserve a lot better and some form of update is well overdue.