Getech Share Discussion Threads

[rcturner2] 10/6/2016 08:17

hybrasil, if you want to take advantage of rising oil prices, why not simply buy an oil ETF? That is surely the simplest way to get exposure to rising oil prices.

[hybrasil] 10/6/2016 08:10

Bought some more

[hybrasil] 10/6/2016 07:51

Yes but I read that statement very positively. First of all my personal belief is Brent will rise to somewhere in the 75 region. The rns speaks of the large number of client meetings. I bought in here for oil price recovery and while I didn't get in at the bottom I may even average down

[rcturner2] 10/6/2016 07:40

Profit warning out today.

[hybrasil] 07/6/2016 09:59

Brent price just keeps going up

[discodave4] 05/5/2016 20:15

Good evening Yumpy, did you miss me?, never mind xxxGOOD LUCKDD

[yump] 03/5/2016 12:43

Now then, just time for a little experiment...

I think I'll try this button here and see if it gets a response...

.

Set the timer...

[discodave4] 01/5/2016 18:05

yump - 01 May 2016 - 17:55 - 1489 of 1490 - 0"I think everyone can who is showing what now don't you"What?, as usual you talk complete and utter tosh.Yeah you keep investing using tea leaves and "sentiment", just like you did with BLUR, CBUY and BOO.Good Luck, YOU NEED IT!DD

[yump] 01/5/2016 17:57

Oh and by the way, I won't be posting for a few days as I have better things to occupy my life with, so you've got free reign to fill up the thread and have the last word.

Its a limited time offer of course.

[discodave4] 01/5/2016 14:21

So, to put this into context, you think that the GTC share price has nothing to do with their financial performance (profit warnings), it's perceived value in relation to their numbers, their profits, their assets, their book value, their CASH, etc., etc., but is to do solely with the markets in general?.So please enlighten me, how have you derived a fair value for GTC's share price, now and in the future, and is it a pile of poo or not?.My guess is you can't say even answer your own questions let alone those I have asked (time and time again), you just haven't a clue wtf your on about.No wonder other threads call you an idiot troll and have you on filter as soon as you show up.NAV 27pBook Value 11pWHI forecast 1.7eps (say share price 15p-17p tops).GLDD

[yump] 01/5/2016 12:04

I'll be a little more precise for you as we seem to have a misunderstanding and it seems very important to you for some odd reason to keep popping back up here, despite not being invested.

I'm talking about the market, as in the investment market and the share price.
Which are clearly hardly ever rational.

So the idea is to figure out when a share has been knocked down, why and whether it is actually a pile of poo, or has been subject to some other circumstance that has caused a problem.

The recovery in the share price will be nothing to do with book values, cash in hand, NAV or what has happened in the past. Simply because people don't invest like that. Tulips etc. The examples are everywhere.

By the way, I think after upwards of 7 posts from you quoting the NAV and NTAV, I think most people will have got that one. Whatever historical relevance it has.

( Seriously, for you own peace of mind, you need to try to stop yourself with that one, its not good for you. )

[yump] 29/4/2016 17:41

Recovery stocks always look poor when you buy them, the past clings on, as do some odd folk who get stuck on their (unknown) 'issue'. I think that's the point of a recovery stock. They don't recover from a reasonable rating and reasonable sentiment.

Some of them have made a right dog's breakfast of the business, but some have just been struck down by external circumstances. But there's always a delay, first for the signs of recovery and then whether people believe it or not.

Some of the reversals are quite dramatic, be interesting to see what happens here. A bit of good news and a more stable oil price could make it interesting.

The market and the share price are certainly not about bookkeeping and accountancy, especially with anything oil related.

[eastbourne1982] 18/4/2016 17:38

The recent report said the following:

------------------------------------------------------------------------------

Strong start to the second half-year with record February sales and US$1m new contract in April

------------------------------------------------------------------------------

Seems fairly positive to me, regarding where the share price goes, who knows ?? you say 11p is a possibility, anything can happen, if the industry sees a bit of a recovery the price could easily be north of 60p, i.e. even if they only get profits back to 1 - 1.5 million within the next 12 months a market cap of circa 16 million wouldn't be unrealistic when you add in a couple of million in cash.

As ever we will have to wait and see however as a newcomer to this company I see the risk / reward around 27p as being quite reasonable.

[discodave4] 16/4/2016 12:36

BBFrom interims:NAV 27pNTAV (for you = book value) 11pIn 2010 when they also reported losses and cut the divi the NTAV was 10p, the shares hit 11p. So, although you don't believe book value is a fair value.........your wrong, a precedent has been set and no reason to suppose it will not happen again.Any views on their cash position?, how ERCL's earn-out of £980k is to be paid in a couple of years? (mind you the way it's going under GTC's control I shouldn't worry too much as its performance related and could only be £zero!), What's there cash burn?, working cap reduced by £1.5m, ................your expert views appreciated.YumpyThe BOD state that they have "significantly lowered its cost base", and go on to say "month-on-month will be down more than 20% from its peak", could you expand on this, I can't seem to see any sign of this.Following on from their previous over optimistic statements do you think the "substantial pipeline of sales opportunities" will actually amount to anything given the continuing downturn in the oil services sector?. Will they ever get a CEO, wonder if they are still looking for acquisitions to keep afloat....a nice discounted placing perhaps?. As with your pal BB, your views appreciated.GLDD

[eastbourne1982] 14/4/2016 19:03

Dipped a toe in here today at 27p, financial position seems very sound and capable of coping with a year or two more of tough trading conditions, the recent update actually seemed fairly reasonable to me with February being a record month and the odd large deal coming through, strange why the share price isn't closer to 40p imho.

[discodave4] 14/4/2016 19:01

WHI forecast 1.7 eps (still seems about right based on interims)NTAV 15pSo 15p to 17pGLDD

[yump] 14/4/2016 13:53

That response is too long, so no treat this time.

[discodave4] 14/4/2016 12:10

WHI forecast 1.7 eps (still seems about right based on interims)NTAV 15pSo 15p to 17pGLDD

[yump] 14/4/2016 09:33

Now if you look inside the cage on your right, there's the chute where the treat will come down as a reward.

[discodave4] 14/4/2016 08:09

WHI forecast 1.7 eps (still seems about right based on interims)NTAV 15pSo 15p to 17pGLDD

[yump] 14/4/2016 07:38

Bzzz
(that's a buzzer, not a bee)