Member Info for Rhambo

You don't think a placing is a funding package? You're going to look rather foolish when the placing RNS lands, no doubt you'll be coming back to post you admit you were wrong?

.... Rescue placing away within five months? Alarm bells and red flags ahoy! Need to get it away or auditors won't sign this dog off as a going concern. This is burning cash and going the way of the inverted breast. Fair value 0.2p as a cash shell after another injection of 1.5 mil. Strong sell, get out whilst you can... All IMO DYOR.

3360, missed the peak but plenty of downside from here IMO

Game over.

Bumping for great justice.

Is it all the IOU notes you've been sending your CFD broker? ;)

How is it any more positive? What difference will it actually make other than increasing operational cash burn through higher rent (presumably) and make it easier for them to **** placement money up the wall at the local city watering holes every night?

Perhaps not massive impact firvequities vs bonds and savings but there are other impacts to this eg movements from equites to forex. Also psychologically it is the prelude to further rate hikes which means that the market will start to forward sell in advance so the downward action will be amplified. Got a few months yet though I think and I still see a short term bounce here. I do hold a long position at 406.4

Having been a holder through the Namibia disaster, which was failure number 17 or 18... My thought would be never. This shared a catalogue of serial failure whilst management sit on juicy salaries and keep issuing themselves shares, with frequent placings diluting the pi every few months. Complete dog imo which will eventually delist.

That may have been the MMs' logic for that opening price yesterday and the market is understandably cautious... Without a rate rise till late Autumn/Winter there is still scope for rallies and I can't see it being very difficult to squeeze five per cent long from here as a minimum. Ask don't forget the market is the sum of its parts and not vice versa, so in its own right I still see 437+ short term: the market always overreacts.

Don't disagree with anything you said but just from a technical viewpoint the share has fallen to below the pre offer SP, which was 437ish... At 403 there is a technical gap fill up the long side to that level with is a pretty solid buy trade for those looking short term.

Have a look what happened when that takeover fell through... Very oversold should be able to make a quick 5-10%

Yes indeed earnings can be lower due to reinvestment. That's what the PE ratio looks at - the price taking this into consideration vs actual earnings per share. The EPS is 3.1, the price is now 395ish, which is a PE of 127.4 (not 40.9). 127.4 is RIDICULOUSLY high, I mean RIDICULOUSLY. There is literally nothing cheap about this share and given time investors will be hurting here. Let's reconvene in 6 months and see who was right.

I don't know why you think Google Finance is a better source than looking at the results and the share price and doing a simple mathematical calculation.... I put it to you Google Finance is wrong, your stance on this is a bit like me telling you blue is in fact a red colour because Wikipedia says so. Yes I do realise the interim figures only cover six months but that has zero effect on what the PE is... the PE for the last six months is still circa 130 (and has been higher at times). Please can you back up your position that the PE is 40.9 and not 130ish with some actual maths?

The sector average is about 20-25... I'll be generous and assign it a PE of 30 where it ought to be as a growth stock at the end of a bull market. That still brings in an SP of 90-100p and for a shorter the 100-150p bracket will be a target. I'm not saying this is a bad company - clearly it's doing well, disrupting the market and growing revenues. This is good. But it is also clear this is grotesquely overvalued and is in effect a bubble waiting to burst. If I were in the blue on this bull hysteria, so to speak, I would be looking to bank everything at the moment.

Er ....no. Current SP/ Adjusted EPS as per the latest interims :405/3.1 = ~130.

The current PE is something like 130, if that's not a red flag for overvaluation I don't know what is... Stonking short one would think.

For now, looks like a good long here for a move to 800p+ in a relatively short time frame. weak buy.

Still holding

Pretty good demonstration of why trading on technicals and completely ignoring fundamental micro and macro outlooks is a flawed methodology.