Member Info for threeputt

Probably all immaterial since they are so slow in producing their accounts we won't find out y/e results to December until next June, happy with how my own calculations have panned out previously, I was surprised at the extent of their overheads last year though. I wouldnt like to forecast what a fair sp is tbh, although I would stick my neck out and say that I would still expect a loss this year without further contracts (and if overheads are around £5k), so a fair sp is dependant on how much it allows for the promise of Iran/other new

Sorry but I will still disagree, the below are gross margins over the last few years, apologies if the formatting doesnt come out correctly, but it proves how much the gross margin drops with a higher tech revenue year. I think it's nearer 75% Lunghi, 20% tech margins lunghi tech margin 2013 2794 4408 42% 2014 2189 1193 56% 2015 1649 1706 58% 2016 2800 1600 70% 2017 3560 1770 59% good luck on aiming for a 50-60% margin on a £4m contract btw, I would suspect nearer 20% It would be 'agendas' btw Jimzi Almost a pointless exercise though agreed

Gross margin was high because of the lack of tech revenue last year, personally I would be very surprised if they would make anything like 60% gm on tech, 20% at a stretch imo with a contract of £4m, and if they carry on with say £5m of admin expenses you can forget a profit, even with what they have in place

think they saw the word 'funding' and thought 'placing' and mms used it to scare imo very significant as you say

Spat with the auditors re treatment of wgp sale ? see 21st May rns, maybe disagreement with auditors about how its reflected in the accounts

Naked Trader has closed his short: "Time to cash in on the short of Pets. It has been a fab short, shares falling way beyond what I thought, and they look fair value now so it is time to bank the profit!"

picked up £2k this morning at 11p for the pre-agm spike, might ride a few this tme

not in here but had a quick look at the results and came across this: "As previously announced, the Company is in discussions regarding the potential acquisition of Ruleo Alpenland GmbH, a company that operates the BTTY branded sportsbook in Germany and Austria.� Following completion of due diligence and recent developments regarding the German license program that could impact on BTTY going forward, the Board is currently considering its options regarding the acquisition and will update the market shortly" on �1.65m cash remaining anf a divi to boot I guess you might have a placing for the acquisition coming Just my opinion, good luck

same shenanigans at PFC 6 months ago when it was heavily shorted, then look what happened

Wondering if shorters are hoping a bit of panic sets in from the unknowing when it goes ex-divi on 14th June

it will offer up an opportunity somewhere, buggered if I know what though

yeah my one in Aylesbury also closing, shame as I do like them, not cheap though

and yet the ftse has moved, doesnt that tell you its all fixed ?

100k sell, is that more scum ? Well good luck paying our divi

I think Gige has posted the best suggestion for the agm so far: "Please show us the Iranian contract", it should have a company seal on it

"arguing strongly that it never will due to the bad experiences that he has encountered due to past failures to convert either due to bad luck or poor negotiation/management..... not sure what that is called lol. :-)" improbabiility bias ? lol

and that's called confirmation bias !

�600k - are you insane ? Have you ever considered how diffilcult they would be to shift in an illiquid share if you had to ?

always a pleasure mate, same to you and yours ps Tosh I'd like some of that market abuse too, I get off on it :)

Tosh, to be fair I thought the same as Gige initially so I looked into the cash situation notwithstanding they had received the deposit from the tech contract, so �700k 1st May 2018 but the deposit was received before this by the 5th April rns, it's not clear whether they had already paid their own outlay within this �700k, but on this basis with their current expenses cash still looks shaky imo extension of cln is good news Not invested but always interested as you know