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Solid update. Can't see anything to criticise there.
Just topped up there. This is now way undervalued.
GLA
Yet they fail to mention the outstanding 5,622.53 tonnes.
Good look
Are you referring to placed orders last year that had yet to be invoiced at year end 23 ..and would have hopefully been invoiced thru q1 2024 -or beyond - Smalleyus?
Generally, the poor ratio of invoiced sales to placed orders has been and seemingly remains a thing generally here, I fully get
Thanks, and I get exactly what you're saying now.
PS; Still, please scratch my ''Generally, the poor ratio of invoiced sales to placed orders has been and seemingly remains a thing generally here, I fully get'' line in my last post below .. I wrote that without doing enough of a back refresh for myself of 23 /24 RNS.. and I now think this sentence of mine is defo. too harsh/kinda wrong.. invoiced sales to order received over the year is generally not a poor ratio .. it's a reasonably good one actually imho..
Orders in April the same as the first three months of the year combined, that looks like a reasonably successful marketing campaign
Not as good as 2023!
Good Look
True but Q1 was about the same as 2021 when we finished the year with 85k sales.
So the 70k seems reasonable
I think investors need to be ultra cautious,as can they really trust the board?....I would say not.....I would be interested with more trustworthy people in charge,but they will continue to dissapoint,and could be hoodwinking investors ,in my opinion. Please look at things very carefully before committing your investment. I feel this will continue its big descent downwards. 0.50p very soon in my honest opinion....
Spot on there pedro!
My research shows that a the vast majority of Q1/24 invoiced sales were made in February, which looking at all historical sales for February is very, very, unusual!
It's almost as if the most of the 6,173t carried over from 2023 were sold/invoiced in February 2024.
If that wasn't the case and the unusual amount sold/invoiced in February was from orders placed in Jan/Feb 2023 surely there would have been a brouhaha RNS issued?
Still, 3 sales RNSs issued in 10 weeks?????
Good Look
@pedro61 I do believe you're talking through uranus. You say in your 'honest opinion' which means you're actually a confounded liar. You have a hidden agenda which entails talking the sp down. The market will ultimately decide. Your opinion isn't worth s h i t e
Pedro is an unashamed deramper quadrupled here.. with little handle on the detail either... but that's not to say there is no merit in his opinion.. look at the history here and always be very cautious..
By contrast, Smalleyus is all over the detail here - jan/Feb 24 not Jan/Feb 23 below I think you meant below though ? - and should be much respected / listened carefully too ..that said Smalleyus would rather the price be as low as possible in summer when he's maybe open to buying in here..
I'll bullishly go with: I think this is more likely to go 2.5p instead of 1.5p from here now.. But I wouldn't bet a lot on that.. as this remains a very high risk bet
imho & dyor
Niceto....
Correct,
'....was from orders placed in Jan/Feb 2024 surely.....'
Good Look
Something very fishy about the accounting for this company...very fishy indeed....Please be ultra cautious as this is extremely fishy ,in my opinion.
Fishy accounts in a smoke and mirrors sense I certainly get.... maybe even fishy beyond that too, I'd half get..but the auditors have more and more been all over Mc Masters smoke and mirrors as we've gone too.. so hard for serious fishiness nowadays here..
PS: I've done another top up here this morning .. as I think this business is clearly turning around now .. and I also see a chance of a sell up 'on the cheap' later in 24 by a now more battered less interested McMaster..
(I think the current sub 4 m gbp market cap for this is looking too low now.. the established market footprint and mine life and storage facilities here alongside an improving demand picture in 24 and 25 make this a compelling buy out target for up for 10m to 15m gbp ish for a variety of potential suitors imho..and McMaster and plenty of shareholders might now bite at such a 6 to 8p ish per share offer later this year .. I certainly would bite at it ..)
Pedro61 - you may need to wash your fingers ;)
Retail would take 6-8p, not sure BM would.
Harvest is a decent company with decent assets just not run by decent people. Harvest is clearly undervalued.
wonder why no one has made a move.
Probably the same reason the Sig shareholders pulled out.
Good Look
Smalley maybe you could share your research and show us all how you did it, given the company, to the best of my knowledge haven't produced a month by month breakdown for this year
Clot,
Even before you got banned from posting on LSE your 'knowledge' has been limited.
Who said the company have produced a month by month breakdown for this year?
You, and ONLY you said that!!!
Let's be clear. The company (Harvest) in the past have not provided 'month by month' sales figures to the shareholder.
The company (Harvest) does provide via electronic invoices (DANFE/boleto) individual sales invoice details to ANM for tax collection purposes.
The ANM does produce month by month tax, revenue and in some cases tonnage for all these transactions.
Good Look
Nope Smalley I said the opposite, that the company haven't produced a monthly breakdown. You posted this
My research shows that a the vast majority of Q1/24 invoiced sales were made in February, which looking at all historical sales for February is very, very, unusual!
I asked you to share your research, showing how you had found out that invoiced sales were made in February.
Unless ofcourse you are just continuing to make stuff up.
He's not making it up and he's already told you where to look. What more do you want him to do ?