Member Info for threeputt

Actually a tin hat isn't a bad idea with this virus flying around

off out to buy a tin hat

Don't know why everyone is focussed on the 59%, that's all part and parcel, its the following comment that is equally important - "we expect volumes to increase further during 2020 as the port continues to expand and the third and fourth berths become operational"

LtCptain, you really think it'll go into suspension straight away, I'm just watching the recovery on the ftse of about 200pts and wonder whether the dow might have been similarly recovered ?
On an aside spread betting the ftse has been great fun over this period, this volatility makes it pretty easy to scalp without too much risk attached

Actually shortly after writing the below I bought the shares back, felt in hindsight it was oversold and general market due a bounce, not sure how long I'll be keeping them

Not so sure, I sold the remains of mine yesterday (just in time by the looks), I had a nagging doubt that people would avoid going to communal indor places where they could pick up the virus, and more importantly to my profit that the market would see it that way too

More than likely a delayed sell (Shetty ?) and the main reason for the fall today imo.
Relieved I sold my remainder just under 50 yesterday (just in time too), those were the ones I'd bought at 1.29 & 96, the rest I'd bought since managed to trade a few that helped to lower the loss somewhat.
Amazingly cathartic when you sell and you watch it drift lower, this just didn't and still doesn't feel right while bounces are weak, am still expecting lower and I remain interested if they can sort their mess out, but then I would say that I guess :) GLA

Formality.......

Shan ! wtf have you been ?
I think Riddler is more of a STAR man these days

With regard to the auditors this is what Stockopedia had to say on Thursday:

"Last year, PWC resigned from its position as auditor to the company. In giving reasons for its decision to resign, as it is legally obliged to, it merely cited the company's 2018 audit report, without being any more specific than that.

If you ever find yourself with more time on your hands than you can put to good use, check out Staffline's audit report from 2018. It's a classic example of a disastrous audit report - it has everything from a warning about the company's ability to continue as a going concern, to anonymous whistleblower accusations of wrongdoing, goodwill impairment and breach of national minimum wage legislation.

In the midst of this horror show, PWC disclosed that there were "failures by management to fully disclose to us and to account for certain customer claims and other disputes". Perhaps this is why PWC fired its own client?

PWC was replaced by Grant Thornton, of Patisserie Holdings (LON:CAKE) fame. The head of Grant Thornton made headlines last year for saying "we are not looking for fraud, we're not looking at the future, we're not giving a statement that the accounts are correct". It sounds like they are a good fit for Staffline"

CEO not up to the task ? More likely the task is beyond anyone's capability, debt is shocking and red flags galore, this has curtains written all over it imo. I was interested in a falling knife but this one looks too sharp

No I don't, it's out of his hands and he's always too optimistic and these things inevitably slip, but I'm remaining patient because I believe it will happen (I'm thinking March) and it will make a long term difference to the company and its share price.

I sold even lower, after congratulating myself at my 4 digit profit the sp has since doubled from my sale price

spot on h&n, credibility is what will make this spike imo

off out to find out what coast aiming is referring to

Just checking in here, looks like I dodged a bullet, averaged down at 77 a while ago and sold the lot at 88, got away with a small loss in the end

phew, gl holders, might be interested later but not while it's still a falling knife

This b*****y share, every time it looks like we are off we're not, sold the ones earlier when it was starting to look weak again, we'll know we're off when it shoots up 10% imo, the AT trades have got all the hallmarks of short covering right now to me

my bored top slice of half my shares at 1.82 was a really poor move, hold your winners they say, but hey at least I didn't sell them all

it's so far below 20% rsi it's off the scale, 20% rsi was at 83 lol

rightly or wrongly I just keep adding periodically on the way down

Lovely timing, thank you market :)

Are we expecting a trading update ? what date please as I couldn't see anything due on their website. Thanks