Member Info for threeputt

I've seen enough from Laura's dealings to see that she puts her money where her mouth is and is often proven correct, it's not in doubt that she's probably in it for the potential of a healthy relatively short term trade but generally talks sense and gives fair reason to the buy side while understanding the risk. I don't often agree (to my detriment) and that these are risky trades that don't always come off but in this case I see the reasoning and the opportunity and on this occasion I bought in because I can afford to lose if it goes wrong. It's also possible that there are some posters on here that represent the companies intention for a smooth vote and delist and don't like what it is being written

Cmon Bunsen I hope you're better than that. Much as I am tempted to buy more I can still buy £10k on HL at 2.6

Sparhawk, you should have also asked AI for the negatives ? (pun intended !)

Might be interested under the psychological £1. Been a great share for me in the past and traded a few times since

"revenue at the lower end of expectations" ?

Isn't that 2 potential offerors that have backed out now in the last year or so ? what are they seeing under the bonnet ?

We can only point you towards the rns of 30th April, you would however be better writing the whole value off in your head. You could try ringing the company and asking them where you stand but based on the life of their existence on AIM I wouldn't believe a word of whatever they tell you. Sorry for your loss

Nice write up and assists, why write a full blog on your own investment though ?

Well the recent £2.5m directors buy might suggest it's worth more

Aka another sucker.....

They may be buying a business for £12m, unfortunately AI seems to forget that that £12m doesn't come out of thin air, seemingly forgets the debt & equity & cash needed. Don't get me wrong I like the business but a 3-4 rating valuation off this alone ain't gonna happen overnight

I can buy at 2.29 no problem ?

Way overcooked

Pretty sure it'll go for a lot more than 824

Maybe this ?

"Iran's Deputy Foreign Minister Gharibabadi announced post-war consultations with Oman. The consultations concern a safe passage protocol for the Strait of Hormuz."

Any thoughts on the resignation of Baldry and what this might mean reading between the lines ?

"Following an irretrievable breakdown in a relationship between myself and one of the Company's larger investors"

Offers on a postcard......

The only surprise to me is that they didn't wait until Friday 4.30 before releasing (maybe Mar 31 had some meaning)

Aww cmon Davey you know the half year to Dec 25 is also a crock of......

the Ebitda profit doesn't allow for the cost of eliciting the cash from the debtors that haven't been paid and that will take an arm and a leg (and time) to elicit (if at all). They also kindly describe this as "temporary cash flow measures" lol

So where are your numbers now Dr ?

Were you not forecasting "All in all it looks like 2025 is going to be £15-16mill comfortably."

Actual:

"The Company anticipates delivering circa £8.2m revenues for the Full year to 30 June 2025 which is circa 35% increase on 2024 on a like for like basis, with an expected EBITDA loss of circa £0.62m (2024: £1.47m Loss"

And that's not even including the bad/doubtful debts in SL & Gabon !

Clown !

So now we know why the accounts weren't agreed as I suspect the auditors wanted to make large (rightful) adjustments for doubtful debts in SL & Gabon