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People don't realise SEE has already had its day.
If you discount the share dilutions that have taken place over the last 10 years, the share price would be around 30p.
But with the dilutions it's still at 8p and will likely be at that level or less for many years to come.
Let's carry on this discussion tomorrow morning.
Please provide evidence of no further dilutive equity release and show where cost of sales can be reduced so the net profit margin is better than minus 90%
MINUS 90%!!!!! PROFIT MARGIN...
Good luck holding onto that profit...
You could ask Terry for some more obscure irrelevant stuff that he has been posting like he works for SEE's marketing dept.
or
Johnchucka for some equally irrelevant patent rubbish.
Facts about the financial of this company you will not hear. In my opinion because no one really knows anything....
I would say they are being overtaken by more forward thinking companies. They are starting to lag.
Hugely overvalued with the very real and regular added dilution risk, everyone is realising and starting wisely to book a profit.
There will soon be a scramble down well through the 200sma as everyone sells and there is nothing to bolster the price.
Hmmmm, they won't put up with another shareholder fundraise...We've done it five times now, we can't do it again surely?They'll be mutiny!!!
But how are we gonna pay the bills this year? We don't sell enough of anything? We pay out double what we bring in each year!!!
OMG! thought PM. I want a new kitchen too!
NM, i know what we can do... The dumb as shareholders won't realise what is happening before it's too late.
Dilution.... Shareholders worse nightmare...A slow but steady erosion of the value of your investment...
You'll need 'patient capital' with this outfit.
They've been pre-profit... on the verge... of the next take us to break even contract...Imminent RNS...etc etc every year for the last 10 or so more years i've been following this poor excuse for a company.
Each year regular as clockwork taking YOUR profit through diluting YOUR capital..
You fail to realise the important fact of how the fundraising has changed with this outfit and how it affects your share holding.
Let's look back nearly 10 years ago when the share price was 9 pence. At that time the market capital was around 100M.
In those 10 years the market capital has increased 3 fold to 324 Million, but the share price is lower than 9 pence.
See where i'm heading? You lot will never see the share price increase hugely here due to the yearly massive share issues for equity.
I wouldn't start doing the numbers if i were you. Realising many more years of dilution are ahead without going into any great depth is readily achievable.
In depth figures make for scary reading.
If the tech is so good and everyone wants it why on earth do they make such a huge whopping loss each year still after 20 years, and have to raise extra funds to cover it each and every year?
Any mcap growth just gets swallowed and dwarfed by the constant dilution.