||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Getech Share Discussion Threads
Showing 1526 to 1544 of 1550 messages
|Very quiet here
It's a crucial time for this little co IMO, make or break - poo vs cash position|
|Starting to move a bit|
|Interesting appointment. Should do a lot for the sp|
|Not wasting my time Yumpy, far from it, learning a hell of a lot. Did a lot of research so curious to see how it goes, or should I say how long it lasts.How much you down here?....50%, 60%Here you go again, superiority complex and has to feel your the centre of everything!.GOOD LUCKDD|
|You're actually going to waste your own time posting your 'reviews' just because I'm invested ?
I wasn't expecting to ever have that sort of control over anyone, so thanks for that.|
|It depends on whether those posters go on and on and on posting the same thing, as you do, while clearly not being invested and also having some sort of issue with the business.
As far as I'm concerned GTC is a cyclical play. All the current figures in the world aren't going to help much with that strategy.
You have your approach, I have mine.
The only difference is you can't let go of it for some reason, despite not being invested. Perhaps you're actually a very kind, philanthropic person.|
|PmslYour posting just supports my theory....you do have a superiority complex!, fall for it every time.Now, let's see if it's a delusional complex, can you show everyone how superior you are, or believe you are, by posting up your detailed analysis and views on GTC....doubt you can or are able too, much prefer to slag off new posters who dare to opine an alternative view.VVGLDD|
|Your grievances will take their toll you know, if you don't try to let go of them.
btw its 'superiority complex'. The disorder part is not needed. See Adler.|
|I hope you find some constructive outlet that makes you happier. It will eat away at you, you know.|
|As ever yump nothing gets passed you, always on the ball, ffs.DD|
|Did you edit your post, or is something really odd happening ? Seen some folks posts disappear in the last couple of days.|
|Yep oil is up, unfortunately for GTC investment is down, cash is down, earnings are down, divs have gone and acquisitions are a pile of pants, but apart from these minor details.....yep oil is up :).DD|
|Look at the big picture.
Brent is on an upward curve.|
|Believe the lock-in for ERCL shares (2m'ish) has already expired (April 2016).Where's the cash for Exprodat coming from?From year end results net cash was £3.67m. At H1 cash was £2.7m less borrowings of £900k leaves cash of £1.8m. They also have their stated liability for ERCL earn-out of £980k, so net cash could be as little as £820k, plus they cut the interim div saving circa £140k giving total net cash £960k. H1 cash burn was £1.9m!.Appreciate they have had record sales and income for Feb (allegedly) and have reduced their cost base (c 20%) but where's the £500k going to come from (even the initial £250k)?.Can only assume the ERCL earn-out is no where near £980k, thus not hit their forecasted profit targets, and it's highly likely IMV there will be no final dividend.Have they got a new CEO yet?, only been looking for 5 months!.DD|
|Perhaps it would have been better to go hunting for acquisitions at the market peak, when everyone was optimistic. Take a leaf out of the book of all the people who jumped on the buy-to-let bandwagon just before the recession.|
|Also potential stock overhang when lock-in period expires PLUS extra overhead to feed if slower pick up than expected in the Oil and Gas exploration market.|
Exprodat made £411K in 2012, 203K in 2013, 107K in 2014 and a loss of 109K in 2015, let's hope there's some decent synergies and cost to come out of the combined businesses.|
|or penguins huddling together against the cold|
|I view today's rns very positively. It's a good use of the quote in an area where bigger can only be better|