Member Info for threeputt

Would be nice to see a trading update, you know to tell us that DRC income last year wasn't quite up to the £10m forecast, you know materially below expectations that sort of thing

About £10k a pittance of his annual salary, nah

14 Aug - good luck with that one !

Any resentment is towards the leeches who sit in the offices at Banbury and purport that everything is going great in order to line their own pockets at the expense of others, no-one else

I asked AI as I was skeptical about incoming revenue on Gabon, I got:

"The WZ security tax in Gabon was set to increase by 133%, effective June 1, 2025. Afrijet, operating domestically as Fly Gabon, opposed this hike, labeling it abrupt and detrimental to both travelers and the aviation industry. In response, Afrijet decided to postpone the implementation of this tax increase until October 1, 2025, for tickets purchased directly through its sales channels. This delay was aimed at mitigating the immediate impact on travelers and to allow time for discussions on fair and transparent air transport financing in Gabon."

which would suggest as I expected no income from Gabon until at least October.

As for the recent contract awards, they're no good until closure, ie finishing the job, wsg have a history of rns'ing contracts and it's only when you look a year after the event you realise that the contracts have been delayed for whatever reason but it's hidden away in the results

They're not profitable !

Of course they should branch out into new areas, they have after all shown just how seamlessly effective they can be branching into other profitable opportunities, take the ferry for example

Bought yesterday at 16:29 at .000119, sold this morning at 08:02 at .000152, a 26.5% profit in effectively 3 minutes of trading.

if only it was always this easy !

"guaranteed"

great, does that mean I can sue you if it doesn't ?

Now if the directors had been buying into the placing......

Blimey, did you realise your profit on (TSXV:RML), congrats if so !

"eight months" ? I bloomin' hope not, their financial year ended June 25

And while we're on the subject of revenues they were forecasting "Current annual recurring revenues now circa £14.3m (including DRC estimates)", so shouldnt there have been an rns stating "revenues materially below expectations" ? since it's obviously now not gonna be £14.3m

"As I understand there will be no income from the recent start on site operations in Gabon booked in the financial year ended June 25"

why not ? I was an accountant. Any embarking passengers departing in the first month should be included in the revenue, I cannot think of an earthly reason why they wouldn't, its incoming revenue nothing to do with cash

No let's not call it £400k per month, it's actually around £341k per month even on PF ever inflated forecasts so you're nearer to £300k than £400k. I suggested yesterday taking a look at any revenue from Gabon realised in the accounts to June 25 as there should one months revenue in there according to PF startup. I respectfully suggest you won't see anywhere near this amount if any

NicetoMichu

He mentions it to keep the pot simmering just enough to maintain hope imo

Trouble is there's probably no water in the pan

Zak:

"Comment: Clearly the government of Tunisia has friends in high places. Most people have zero belief in the integrity of arbitration processes, and just believe they are conducted at the whim of lawyers who come down on the most profitable outcome for their own purposes. Therefore, this is perhaps not a surprise. What will be interesting now is how ZEN moves going forward on the matter."

Think what shocked me was how early the decision was, wasn't expecting it yet, expected SMP first

"The project is expected to be largely, if not completely, delivered in the current financial year."

given that the current financial year ends in june 26 it doesn't sound very exciting, and with wsg likely to be pushed out beyond

re mention of DRC, he could have mentioned any of the unsuccessful mour or 'contracts' that never were, he just knows which ones work best at the time to punp pi's imo

Back in for the inevitable bounce. Am in the fortunate position of it being a share I can't lose on (but it was once my most profitable trade)

5.38 to buy, 5.45 to sell make of that what you will