Getech Share Discussion Threads

[hybrasil] 13/12/2016 09:01

well jump the market makers agree with you.

My issue is when do we get to 60p?

[yump] 13/12/2016 07:57

Unless I missed something in the finals, there's some positive new stuff in that AGM statement.

[luckymouse] 02/12/2016 18:57

Ha - of course - sack your mates and work competitors then buy the dip - charming

[big7ime] 02/12/2016 15:27

It was a director Buy

How he managed that price I don't know but there is now a clear Bowl formation in the chart. That is quite a considerable purchase too
Should I wait for next week to get some more? Erm.

[luckymouse] 29/11/2016 10:19

It was 25 a few days ago - maybe a fund mgr just said get rid of it at any cost - or it was a buy & it should have been reported as a late block trade but they forgot.
Essentially the rules around late trades, negotiated trades, iceberg orders etc etc are all stacked in the pros favor so they can deal in size more or less secretly without upsetting an illiquid.

Looking at the old levels, the price action, the osc's and the news where they made a few brutal decisions to be survivable my guess is it was a buy on a recovery play.

[big7ime] 29/11/2016 09:23

But surely not at 25, with the timing of those trades - Shows what little we really know about what goes on

[luckymouse] 28/11/2016 23:48

Looking at that old buyzone could be a seller clearing or someone hitting it at institutional rates - they don't have to report until the blocks gone through & for size have different rates to us

[yump] 28/11/2016 17:42

Weird - presumably no way of knowing but they can't be all sells.
The price picked up before the volume.

Although somebody might not know something, something must be going on.

Unless the 25p is just misquoted.

[big7ime] 28/11/2016 17:33

Wtf are those Trades at 25p?

[yump] 28/11/2016 12:26

Judging by the volume this is just bottom fishing, not the old 'somebody knows something' thing.

[discodave4] 24/11/2016 19:19

You know you love me really that's why you keep posting to me.Never mind Yumpy, try not to cry in front of the hedgehog!.BLDD

[yump] 24/11/2016 18:59

So much for 'moving on'. Why not stay and let the compulsion have its outlet.

[discodave4] 24/11/2016 18:38

At least I'm not drowning here Yumpy.......patience costs nothing.Your still clueless I see.Enjoy your pregnant sideways hedgehog!DD

[yump] 24/11/2016 14:45

Wow, that's a long time to be not invested and now out of the blue 'moving on', when the bottom might well have passed.

Takes all sorts I guess.

Best of luck with your investments. Just remember to buy low and sell high and you'll do OK.

[tmfmayn] 08/11/2016 19:06

H2 benefitted from an £845k adjustment to the ERCL earn-out. This £845k was accounted for as a gain in admin costs I think, so I reckon admin costs did not actually halve.

Without that £845k adjustment, June's prediction of a full-year pre-tax profit would have been missed.

At least this adjustment means that £980k ERCL earn-out liability has now largely gone.

[yump] 08/11/2016 14:59

A depressed share price always supports a gloomy view.

Only a minority of people bought houses towards the end of the 80's crash.
Not many buyers of trackers in 2003, but they have given a great return.

The trick is buying businesses and investments that are actually capable of recovering and not subject to long term structural change.

There are of course rumours of the death of exploration, but imo they are not anywhere near as bad as the actual deaths of parts of traditional retailing.

So called recovery stocks imo probably aren't. ie. Sainsburys, Tescos, M&S etc. Since the re-training of the consumer masses to constantly look for cheap stuff, discounts and of course real stuff (ie. who needs a choice of 20 different brands of cheddar cheese - multiplied by how ever many other brands of other foods).

Plus the internet has allowed relatively easy market segmentation in clothing, to give segment targeted brands, which don't need footfall, because they've got no shops.

OK some of us are eating more, possibly, witness the obesity stats., but I don't think that's going to jump the overall market size for food.

Here endeth...

[cockerhoop] 08/11/2016 14:21

Also not sure I see the build up of inventory as necessarily a bad thing - could easily be seen as pick up of work in progress, their line of work shouldn't produce obsolete stock.

Actually from the Finals

Inventories have increased by £775,000 over the year (2015: £112,000) due to the timing of the multiclient Regional Reports product cycle, with several new reports nearing completion at the end of the financial year, creating new products to be sold in 2017

[cockerhoop] 08/11/2016 14:15

GWR7,

Whilst you've mentioned the capitalised dev costs you omitted the associated Depreciation and Amortisation of 671k which almost cancels it out.

Admin Costs have also been halved from H1 to H2 - £1.96m to £0.87m.

All of the cash burn was in H1 with H2 being cash neutral.

Completely agree H1 was poor but H2 has been a big improvement.

[gwr7] 08/11/2016 12:24

Profit massaged though with tax credit and £0.8m capitalised development cost. I also note a steep rise in inventories. The truth is they used £2m cash leaving £2.8m in the kitty as of July 31st. So a number of red flags and no sign of a turnaround. Offshore explorers will continue to be cautious as they know the US can turn the shale oil taps on more quickly than they can, putting a cap on short to medium term gains in the oil price.

[yump] 08/11/2016 07:54

Clearly not make or break then, given today's result and possibly the bottom of the market and the share price was reached at 25p ish.

Buy a house in a slump and wait.

[big7ime] 07/10/2016 11:49

Very quiet here

It's a crucial time for this little co IMO, make or break - poo vs cash position

[mister md] 29/9/2016 12:04

Starting to move a bit

[hybrasil] 03/8/2016 07:48

Interesting appointment. Should do a lot for the sp