Member Info for redwineday

Maybe TLW know something you don’t!

2 things

1, Cash position at the end of a plate change month will always be better than non plate change month.

2, You need to look at the variance in the cash position YoY. Q3 variance was 55m Q 4 variance was 48m. So vs the previous year it’s 8m worse. It’s not great but not dramatic and could be explained by any number off things.

Ww can all be dead by the time that happens. I just don't see this budging without a $20m find and these big ones seem to have disappeared over the last year and its in the hands of god when they start to reappear.

I'm just hanging in here waiting for the trading update. If good maybe we get to 55p....

On the Japan topic. I know the country quite well and I can tell you if a Japanese company commits then its a big sign. The culture is one of extreme risk aversion, particularly on health matters so if it happens, I'll take that as a big big plus on Accrufer prospects globally.

Would have thought that also, but they have an obligation to tell the market either way so who knows. GEMD or their PR co not known for their communication management.

Latest note published this morning. TP 250p

I am hoping for Japan to be opened up soon, 127m people with higher rates of anaemia than western countries particularly in women. Should be a big market. Having a Japanese company sign up would be a major milestone IMO

All being well there should be an RNS tomorrow saying money is in the bank.

I'm in PDL too and I'm more confident there than here. PDL despite is recent dramas is a better managed company today. GEMD suffer form management complacency relying on big stones to supplement what looks to be a closed shop.

Can't understand why the IIs investors aren't pushing for change or facilitating a TO.

Market maker buy my share at £2 you must

To all fellow GEMD penitents. Don't know what we did to deserve the SP performance here in 2021 but lets hope for better days in 2022!

RWD

£2 per share

There is also the fact that Petra is listed on the main market not AIM. Granted it has the volatility of an IM stock but the shareholder base was/is completely different form your typical AIM miners.

https://www.ft.com/content/99a3e964-ef97-49f8-a574-2f49e63a9245

Thanks Dave,

Personally I doubt we will see anything until FY results timing which I guess will be mid Feb. From their perspective I imagine the longer they can leave an update the more time they have to give a more positive outlook.

What's happening on the 5th?

PI's getting mugged on the way up and then on the way down. MMs must love us.... Money and entertainment in one package.

Interesting interview with Peter Rollings form August. First 13 minutes or so he talks about his experience at Foxtons and what's really interesting is his view on Foxtons now as an outsider and before he has come back. This is from around 11 minutes.

I think change is a coming!

https://anchor.fm/expuk/embed/episodes/Multi-million-pound-business-The-story-of-Foxtons-and-Marsh--Parsons-with-Peter-Rollings-e15v6q3

The piece is completely factually incorrect. He says they are paying down debt. They are not. They are not paying down any debt and they can’t under the terms of the restructuring until 2023. Sure their net debt is decreasing but there is no way they will be debt free in 2023. I’m not saying this isn’t potentially a good investment but he is commenting on something he clearly doesn’t understand.

Makes you wonder about his other tips.

My word. That must be the lacklustre pitch I have seen in a long time!