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Risks: H&T’s customers are cash-constrained. Its money laundering, stolen goods risk and other regulatory controls are appropriate to pawnbroking. We believe sentiment to the industry is a specific risk, which needs careful communication to overcome. Inflation risk to the cost base is also a specific short-term consideration.
What I mean by dirty is most of what's written above, which is straight off the report. Careful communication is using hardman reports to boost credibility for example. Add to that they re staff are not exactly going to be motivated. Can't have been paying them much if they're siting the minimum wage as a cost pressure.
The fact that most of it's competitors are out of business is not necessarily a good thing I'd say.
That's all. I'll get back in my box
The one posted yesterday Hardboy 4/4, but I ve had a look through previous RNS and they seem to use Hardman reports to bolster credibility.
Pawn broking is pretty dirty whatever way you look at it. Didn't say they don't know what they're doing but I wouldn't say I trust them and they look hell bent on world domination and increasing their gearing ratios but not necessarily the right time imho.
Just a comment, probably misplaced but I say it as i see it right or wrong.
Never mind me and have a good weekend
We don't actually know he's taken his bonus so it's a bit of a 'harp' until we see the financials.
Not saying I'd bet against it by the way but it's not a fact so sounds a bit churlish.
Call him a mug, tw&t, greedy C**t, whatever you want though haha. That's subjective !
Not sure why my previous posts didn't complete but I'll try again
As Guident is valued at less than zero, anything they are doing is a bonus. When they received private funding the whole business will be underwritten conservatively and will pin a value on Guident that the market can't ignore.
That news should hopefully be due in short order
Totally agree with that Clenched. I've voiced my concerns over 'nice bob' for a long time now and he's proved himself totally ineffective in a CEO capacity, out of his depth. The TMT lot have taken them for a ride but they've shot themselves in the foot by the looks of it as their long game has totally backfired. Good product so a real shame.
Harrison Gross. The jury is out on him but Lucyd is going to have to really turn it round and very quickly if they're going to make anything of it.
SALT and Guident appear to have far better management so hopefully will show a different side.
I feel for BELL holders. Lot's on here, but whereas the monetary hit to TEK is pretty much negligible, it looks like there's been a hit to sentiment.
Thanks Bads. That's actually not too bad considering they haven't really started selling via all these licence deals they have and we know they've got to have invested in inventory after the upgrade to the lytes etc so the loss is no surprise
Maybe there's life in this little runt, yet but they'll have to crank it up right here
Thanks for posting TI
The details of this funding should actually help pin a value on Guident IMHO - At the moment it's worth 0 so it will be interesting to see how it's valued when it comes to private-equity-funding. Let s see what a professional investment outfit values it as with cold hard cash (or a slice of the pie in this case)
Pretty much to script here. A fluffy spike with not enough substance to get through what's becoming quite a strong overhead resistance at around 395. It faked it for a bit but you see that all the time
Minimum wage requirements as from 1st April too so going forward there will be a headwind. Maybe some have cashed in here ?
I've had a small punt with a target of 275 and a stop at 420p. Figures look alright, I can't deny hence a smallish trade..Just something that doesn't quite seem right and my overriding view that an election or an announcement of an election will signal alarm bells.
GLA
Yes. Not churning at these prices. Just bed wetters and maybe some who bought at the very bottom and forget to sell. Can't fathom for the life of me why they'd wait until now but this is a highly volatile share. It really doesn't take a lot for it to bag 2 or 3 x either way when the hype kicks in. Gotta be some news soon. They have that way of not being too obvious (although we've seen it all before) and giving it a few weeks after a raise before cranking up The RNS-O-Meter. Let's have a look T where we are in a month
It's below my trendline too but hopefully fake. Not unknown, breakingto the downside or upside. Doesn't want to be hanging around here to long though. Golden cross still intact too but again SP needs to right itself quick. It's a ludicrous valuation, given TEK is now funded and Microsalt alone is worth over £10 million more than TEK itself. Surely a decent buy even if the SP is telling us something different.