Member Info for win4call

What are the expectation for tomorrow ? We already know quite a bit from the Webinar and previous updates so headline figures aren’t going to surprise.

Will Fooler have any surprises or positive updates ? Will they be more of the same Jam tomorrow statements from all the previous updates ?

How will the SP react to a ‘steady’ update ?

I have no real expectations for anything significant in the update and therefore think the best we can hope for is that the SP doesn’t drop back on traders being disappointed.

Calm before the norm.

Last time they were delayed because auditors needed more time. This time they are unaudited so no reason.

Like you say, any delay and this will drop. Likely to drop on the day anyway given current sentiment unless Fooler has any cards left to play. The Webinar told us most of what to expect and look how well that was received.

As they are unaudited I can’t see any reason for them not to be.

As with the Webinar and last update, I have no expectations of anything significant that will change the mood here.

DHC - you ask , Date of the next webinar would also be handy to know.

After the last shambles, let’s hope never. Not the medium for the bumbly boys.

I don’t think this is short sellers, just sellers. We have the background selling of Riverfort/YA to contend with each month, plus those who get bored, lose interest, need funds etc.

What we don’t have at the moment is any compelling attraction to buyers in significant numbers.

Should’ve said, they’ll be able to check system logs against your account which will show your quote price and then the confirm. They can check that against the MM quotes for your request also.

MKumar - if you has the timer then you have got a live price from polling the market makers and are not doing an ‘at best’ price. Sometime the MMs will reject the trade when you try to confirm because the price is moving too quickly - bit naughty but it happens - but I don’t think I’ve seen it transact at a different price. I know as I’ve worked on these systems previously , it’ll be interesting to see what II come back with.

Sadly Fooler would seem to have nothing much in his locker at the moment to impress.

Lunghi will take time to get back to meaningful numbers and Tema is not the cash cow he tried to portray. We’ve picked up a few bits of Covid tech but not transformational and looks like it’ll be a few scraps here and there on that front.

The other MOUs are in that quasi zombie state - all but dead but Fooler still insists they’re alive.

Back to everything resting on a left field surprise announcement otherwise further drift. Double digit growth but no double digit SP.

Excellent and eloquent post Foxy. Good to see you back, hope you are well.

Gibbo - the only one talking this down is Fooler. Individuals on here can still be critical / negative / disillusioned and doesn’t mean that they are trying to get the price lower but can still try and take advantage of the fall in price anyway.

Massively ironic of Fooler to suggest its traders to blame and show the number of shares traded. How many of those have been River / YA disposing of their 14 million provided by the board at what look to be bargain prices.

Aiming - so you’ve just listed all the reasons why it’s not worth buying these shares , hence the SP decline.

Business not going bust but largely not doing anything that won’t see this stagnate. Only hope is a surprise contract - so hold if you’re prepare to wait on the off chance of a surprise. The drip , drip of people losing patience is reflected in the sells.

All in all company in a good place to survive and nothing more,

H&N, thanks for the feedback. Agree with all you say regarding the Webinar.

Company doing fine just doesn’t do it for the AIM market generally. You’ve either got to have great promise (either real or Jam) or great delivery. Either that or be an easy play thing for the spivs who can easily pump and dump , usually in line with dodgy CEOs.

Fooler has played along, swimming with the sharks like Darwin, Novum, Svs, Yorkville etc but the SP and shareholders have paid the price, so it should come as no surprise that shareholders are disgruntled. We are in this to make a return on money invested, not to see the Fooler family slap themselves on the back for double digit growth when it means chuff all to the share price.

H&N, humanbait - I would consider myself a LtH here, more than 7 years but also now one of those who has been characterised as a negative ninnie by some.

Did you watch the Webinar last week and, if so, what was your impression ?

For me it was yet more evidence that the company is not as great as the perception they and others like to portray and that a lot of this is bluster, smoke and mirrors, jam, prospects - call it what you want. What’s not really challengeable is that they have frequently failed to deliver versus the so-called promise.

At present there is only bone-headed stubbornness that keeps me holding and I suspect many are the same, waiting for the next rise on false optimism or surprise contract RNS that rarely come before selling out.

Angel - careful what you wish for. I’m sure Fooler senior has already got Stuart lined up as successor, especially as he’s a wizz at these new fangled Webinar and PowerPoint thingies.

Happy for these to be passed out the company as part of any discussions being held David - thanks for engaging both sides.

For me there was too much vagueness and hiding behind the commerciality and security market considerations for providing very little specific detail.

Questions :

How many vending machines are currently installed, working and generating sales ?
How many orders for machines have been received ?

I don’t see this as likely to provide any meaningful contribution to revenue.

Based on the projected 3m TEUs per annum at Tema, what revenue would that generate for the business ?

Given that would allow shareholders to work out the TeU figure i doubt they want to answer that but we know how much revenue from PAX we get at Lunghi.

How much in payments have we received from YA / Riverfort. Given that there was a notional value against the shares which was being repaid in instalments based on the SP what is the current difference between what we have received and what we would have expected to receive to meet that notional total figure ?

Again, an embarrassing one that probably wouldn’t be answered but we all know that the instos are paying much smaller monthly payments than we require to repay the mezzanine loan draw down.

Given we are in the business of selling the sort of kit that should be in hot demand during a pandemic, the webinar provided little detail or indication that the company is actually receiving orders. The graph in the presentation showed a spike in tech orders , which would appear to correlate with the announced orders a couple of months ago, followed by a drop and then slight up tick projected. The impression given was that whilst receiving plenty of enquiries, actual orders are not materialising and that there won’t be a significant and transformational growth in this side of the business.

How would the board seek to assuage the distrust investors have in how they rely on poor quality equity finance that impacts shareholders?

It was suggested in the webinar the board would like to attract large or institutional investors. The only institutions seem to be finance providers like YA / Riverfort and, at present this is not an investable proposition because of the boards approach to financing and holders in general.

The BoD bemoaned the trading that goes on in this share but they are responsible for that. Bucket shop placings with the placees who are always only in it for the quick turn can’t be a surprise to them,

One of the board goals is to deliver a material and sustainable improvement in share price. How do they propose to do that ? It would be nice to get some indicative figures on that but we know the board won’t commit to that sort of thing. Some might say that given this hit below 6p earlier this year that a consistent SP which is 33% greater than that low meets the qualification. Personally having a SP which is currently persistently under nominal means we are falling way short of that goal and the board should be targeting 15p as a minimum level to consider that an achievement.

Happy for these

4-0 down and every one an own goal !

Maybe because with a share price sitting sub nominal they can’t issue shares to raise funds. As this company has relied on regular equity funding, largely with bucket shops, spivs, and the bottom end of the finance providers, this hinders company prospects and with that their exec salaries.

Given that Baldry stated at the start of the webinar that there were potential investors watching, I wonder how many of them would be inclined to invest after watching.

Whilst holders already know the issues, none of which were assuaged in the dire webinar, were the newbies suitably impressed by what they saw ?