The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Trades showing lately people finally see the spin smoke mirrors used by this BOD. Believe it all when you actually see profit from these cash placing suckers who have sent placing money to their own pockets via KRUNCH.
There is a cost to MOS for these. Pump is on.
Per PATT post on advfn costs are rising faster than sales currently. Roley will say the corner is turned and city wait and see. Guzzler will say I told you so.
I would worry more about the cost which you think is going to drop. No end to "one off costs "
Roley you should round your numbers like Nigel. After all £1.35m cash rounds to £1.4m. Write some cheques at month end for 0.2m but probably is £240k so you could actually be left with 1.35-0.24=1.11m cash on Friday. Is that not the placing zone? You had to ask and you will receive tit for tat. A few will filter but majority onlookers won't and there are lots of readers who don't post. Think on how your defence from elevated knowledge and research is actually coming across. Why you leave the main TG with city? Why have two accounts on one platform. When lambo when lambo.
oops per month. £300k per month easy to keep that going surely but only break even :-(. When lambo
Roley you know the admin is not going to decrease as activity rises it's only going to go up. If it stands still,you think by 2024 they might and only might break even. It's not exactly a rocket
£4m revenue to break even at that GP - over £300k per week. Massive ask.
29th Dec year yearend report stated cash balance was £1.7M on 29th Dec then this report 27th March says.... 'The Group had cash balances of £1.6m at 31 December 2022.' Again this £1.4M cash balance is not the March month end when the payments go out. Careful with the spin!
Tappit gone too. Pattern?
Quanta did not pay back surprise surprise
I expect cash to be on exactly Roley's forecast, after all he and city are told what it is. Still a hefty burn of £300k since Dec with 10 drops in progress. Will cash start rising if we have 20 drops or will it just be level?
Before you tell others to buy here make sure you are comfortable if the price is 0.1P again in a weeks time.
Interim sell on news event coming to a cinema near you soon and even with Roley's forecast £1.4M cash. I do wonder if its a forecast or he actually knows the figure.
But it's ethically ok to do a raise and pay money to yourself via KRUNCH.
No it's just that £1.5m was touted last month. A good number would be £1.8m showing profit and growth. Stagnant cash whilst NFTs are in full swing is risky looking then there is also this bod who will use any excuse to raise.
What is funny is that £1.4M is suggested like it is a good thing. All this effort in current drops and cash still flat lines. What happens when drops slow or is it a case fans will be asked for cash over and over again through drops. Can see fans getting fed up with the NFTs and it fizzling out.
£0.9m maybe unless they arranged a nice advance from IGS. Still above enterprise value though.
Desperate is correct Sophie. Will be interesting if they give a cash update.
Maybe the cost of the passes for MOS were expensive