Member Info for Smokey2

I believe we will be in a similar place too after this virus dwindles.

Question is, when will that be and will companies like SEE be able to survive extended periods of low to no revenue.

If you wait a while you will be able to buy double.

Old Fool

I was trying to inform other shareholders of the potential for a drop here. It was my intention for others to get out at a profit, not lose money.

My agenda was and still is to try and make money.

You can ignore what you regard as my BS, but when the company is spouting the same 'BS' you should stop and listen...

Obviously my little 'wonky' spreadsheet was better than others...

I didn't mind being attacked, belittled, called scum etc for the fleet missing forecast prediction.

People always shoot the messenger.

I'd be looking to sell and buy back at 50% discount personally. That is if you still believe the company has a chance of succeeding in this sector which after all this CV disaster dies down it just might.

Mine too, well under 1p...

At least there is a chance of a stable bottom forming now.

At what price it forms is anyone's guess.... 1p, 0.5p...who knows.

So with all the uncertainty of fleet which used to underpin SEE's finances is PM gonna kitchen sink anything else before he pumps the price up slightly for another placement?

So it looks like fleet is knackered. Well we all knew that anyway....

What is the future income from contracts?

Dunno who would want to buy a company burning through US$50M each year.

Life might have returned to normal there but as soon as any country reopens its borders it will all start again with more cases.

This is a global issue and has to be fought as one.

We need herd immunity through vaccines not mass transmissions, otherwise we could be like this for years, especially if this thing states like flu does.

Maybe there was a massive trade around that time that was way off bid/ask and that triggered it.

though they have these throughout the day at regular times too

Unfortunately that calc was taking revenue into consideration Zeq

30/06/2019 income statement says SEE gets through about A$73.13M a year.

So the cash takes us 8 months at that burn rate.

I enjoy your posts Baxter.

Where do the bailouts stop?

Many companies will need help.

Can we afford it?

I can't see how airlines are going to keep afloat.

most likely.

barcs has quite a lot of exposure to italian bonds

Thanks for the tips S7.

I'm keen on builders if they drop more, further lowering of interest rates could buoy the sector.

Maybe Barclays if they drop to 50p.

I'm not gonna mention my buy in price here ;p