Member Info for soleman1

Hello badger. The stock has a little fizz in it today, looks like a turnaround but i dont want to jinx it at the first juncture. I am confident, if you can find another stock more profitable and investor centric when compared to valuation im interested to hear about it. Genl needs a few things to fall into place namely oil up and historic recievables start to get paid. Its higher on the risk spectrum but offers a proportionately higher return potential i wouldnt be surprised if it trades in the £2-5 range over coming years. The guys over there are friendly just very frustrated atm so give them the benefit. ATB

I have seen a fair few oversized buys the last few months. Not suggesting it will happen but there is a possibility of a reverse takeover occuring to get hold of the technology

Hasnt moved the needle yet but the liquidity has been sucked out so any buying pressure and it will pop. Should get a holdings rn by the end of the week so we will know a little more of this transaction

450p, i will double my holding at 200p if the opportunity arises

Good evening steelo and badger. I absolutely agree, this is a great business doing very well and focussing on returning to shareholders. Whats not to like? If i read the fundamentals and had to guess the P/E ratio i would be certain of a 15-25 range compared to the now under 9. I guess if you were a pessimist and felt debt was a touch high 15 would be appropriate but the business is growing. I feel certain this will break above the current 52 week high and set a new all time high; in the mean time im happy to accumilate a juicy dividend. ATB

The buy/sell status of late reported trades is often incorrect as its marked vs current price so large late reported buys on a down day may well be sells. The fundamentals here are exceptional, if people want to sell now thats fine ill make my position a little bigger. Im very comfortable sitting on these 😉

They are monster buys at a value of over 500k

Having consolidated the bounce off the bottom for weeks its trying to breakout, a close above 75p next week and all bets are on

It's amazing how it has been so consistently boring! In all fairness the oil sector and stocks generally have struggled of late so par is a beat. I feel this is a consolidation phase with a move higher from here changing the trend to bullish so fingers crossed we're on the cusp a of a long term uptrend

So it seems they do want a London listing but not aim

seeing a decent move now, 20p could be but a day away

Yeah 40-50p seems rich now but if the growth is as good as I expect the PE will be high as you would expect from a decent tech. Fingers crossed

Nice realistic assessment Matt. Without growth fair value for a 10x PE would be about 20p. The new contract wins and trajectory mean fair value should be 20-25xPE so all being good and well I'm expecting a 40-50p stock price within a year, more if they reinstate the dividend but I see that as unlikely so soon with the transitional period

I'm surprised this has taken a complete round trip but I guess we got rid of stale holders so next time it moves it should stick. As shuj says the short term has derisked buying important time without dilution. The company is held tightly with most shares out of public hands. When it moves the float is so small it's dramatic. Need to lock in profits else where today to buy more here and genl

Down despite oil hitting a year and a half high, inventory data stronger and one of the largest oil and gas services producers saying things are moving again with a huge earnings surprise.

Really good news today. Perhaps a few stale holders that wanted out on any rise held this back but having cleared out I'm expecting some good blue days now the balls rolling

Peeps were hitting the buy button a minute after the RN. Who has time to watch and to have accumulated stock that quickly!

Yeah when this moves its explosive the free float is very small given high % ownership of certain individuals. If Syria gets sorted this will be the best performing oilie of the year

If they have run out of cash I'm amazed how they burned through the best part of 2m in four months. Could well be another explanation, we will see

Couldn't help but top up today. My gut tells me there gonna sort this out with the bank and return to profitability. Each to their own though. ATB to the LTHs