Member Info for AimMaster2018

As sharehead use to say when the price was around 19p that it was priced to go bust. At 13.5p it really is priced in everything bad you can think off other than going bust. Imho

A normal person would sell if you felt concerns about a balance sheet. Take the loss and minimise your losses. To go from this:

Capitalizer

Posted in: CPI

Posts: 527

Price: 18.80

No Opinion

RE: Decent thing is to shut up31 Jan 2024 13:15

Solid recurring revenues, drastic reduction in debt, plus a commitment from a proven, hungry new CEO to cut costs is all I need to stay long.

In other words, there is the possibility of a multibagger here. I invest in those possibilities. Simples

To being concerned 🤣. To two extremes tells me, ur pretty clueless about investing imho

On my observation, Capitalizer might be a holder, whose either waiting on some funds or waiting to get paid to average down significantly at these prices or something isn't right lol 😆 imho

Raffle, if one is a holder, with head in the sand, why would one deramp their own stock they own. Especially the point he raised about cash position. Balance sheet are past events. We're now in March 2024 where cash position has changed significantly with post balance sheet events.

Here's another lol

Capitalizer

Posted in: CPI

Posts: 528

Price: 13.62

No Opinion

RE: Sheesh you lot really are a bunch of Pansies...13 Mar 2024 16:23

Well said. I will also buy at 12p if it comes …

But then I might be tempted to wait for 10p lol 😂

'…. And total cash is only 155m on the balance sheet, down from 396m in 2022 … so no, I don’t see how they have the onerous provisions covered by cash / working capital'

£155 million cash from 2023 plus receipt of 51m? From sale of fera plus saving of £60m in wave 1 cost reduction programme giving a total cash position of around £266m.

Further cash likely to be released on £100m wave 2 reduction programme which will partly be used for growth and other helping the bottom line.

I think there sufficient cash imho

If there was one thing I prefer, is to be taken over around 30p to 40p imho

Kipper9, it doesn't affect the price imho

Gojit, yes, I took a trade on the assumption of double bottom. I set my stop loss and got stopped out as it fluctuated between low 15s to high 15s. Then I got in cheaper with more shares with same amount on friday. So for me, had I not got stopped out, I wouldav been nursing significant loss. But that decision was I believe a good decision. Risky one but many probably did the same last week. Selling losing position and buying in lower. But at the same time it can get oversold very quickly which is why we hit 13s imho

Kipper, many lth waited probably more than 2 years. Any1 jumping In now would have saved themselves 2 years stress nd be potiontially on the money. Or even bag before lth get to breakeven imho

Getoutjustintime

'You may be right xenor I tried to guess the bottom today and got it wrong. Didn’t like the drop below 14 so dumped them on the small bounce back and took a small hit. It’s just too volatile for me at the moment.'

As you can see, getoutjustintime thought it was a good buy around 14 to 15. To then sells at a loss.. patience needed here. Inflation expected to drop when announced this week which should help uk micro sentiment and also a drop expected in Europe too imho

When it went to 15 then went to 23, I was told I missed the boat looking for 14. I was told to sell around 20 mark when I got in by trisor (thank you) to get what was my initial target. Only time will tell now whether the second opportunity is a gift. Any further drop gives opportunity to accumulate imho

No one ever saw 13s coming, not even the major holders who thought it was cheap when they bought. Us PI arnt professionals and the opportunity to buy lower than institutional investors and even cheaper than the Board of directors who has all the information at their disposal. For £244m market cap company. That produces for argument sake 2.9b in revenue. If they bring margins up by 1%, that brings in £29m. They're hoping to bring the margins up by atleast 3 ticks to 6%. That's £87m potentially imho

Kipper9

1. The ceo having been shadowing JL for past few months, has quickly identified areas of savings to drive efficency that directly increases profit margin where as JL was about selling business to reduce debt. So you could say, there's 2 parts to a turnaround story. One that involves reducing debt which JL did. Now adolfo is now working on efficiency to drive profit margin. This should release free cash flow, increase profitability then grow. To identify 160m in savings covers reported loss made in 2023. But in fairness, if you look at adjusted figures, revenue and PBT are up.

2. In terms of RI. £160m savings doesn't include the changes pointed in media article? Such as, bonuses stopped and pay freeze by not paying real living wage, plus funds coming in from sale of ferra. Should give sufficient liquidity. Yes, 2 people buying injects some confidence. But if adolfo can increase that margin even the slightest, it brings in significant sum. Pension surplus from next year will add more free cash.

Analyst with a downgrade with 18p target price shows at 13p is imho is oversold and shore has confirmed with a buy rating. One good thing is, they have 43000 employees, it saved them £60m to get rid of 900 staff. Plenty of savings to be had if they can drive efficency and bring head count little lower

All in my opinion

Thank you nofear for that information. There's yellowstone presentation this coming week and hopefully a reduction in inflation may help uk stocks imho

What we know thus far is?

- Results were out 6th March 2024

- we've had 8 full trading days to allow people to sell or buy I.e take their position

- we haven't had TR1 from major holders holding 3% or more of the stock which they would had to declare with 3 days of their change in position. So 8 days has passed and no TR1 and this is consistent with trisor IR email confirming no TR1 received.

- IR stated retail investors were the cause for the drop so I'm lead to believe instituition holding less than 3% may have reduced?

- since the trading update, we've had 2 internal board purchases

- share price at levels seen in 1990's

- one analyst stated possible takeover approaches potentially after results is yet to be seen

I see trading volume is high. With last 2 days where sp has plugged the dropped. Nofear or anyone, can some show us the total volume traded over past 8 trading days and volume split by buys and sells please 🙏

Imho

Enjoy the ride guys, , in nofear

I maybe close with my UT from this morning imho

I'm calling 13.02p ut imho

Wow LSE03, fantastic find, love the word 'only' salt cavern, gives it that exclusivity. Consuela gone little quiet, something that relates directly to salt caverns lol knock out blow 🤣. Well done LSE03 imho

You'll have realised most if not all II are probably sitting at a loss. If they see one major offloading that's kept the price where it is, the others will be like, wait a minute, I don't want to be sitting on deep loses when 2024 FY will be more of the same. You then get multiple ii queuing up to sell than left hanging imho let's see of this story holds true