Goldplat Share Discussion Threads

[russman] 25/8/2016 13:46

3rd Rock from the Sun.

[wigwammer] 25/8/2016 12:36

7 minutes between his two messages.Not a fast thinker.Sack him crazee dan.

[kimboy2] 25/8/2016 12:26

What on earth are you on about.

[russman] 25/8/2016 12:06

GDP are taking a long time to decide what happened in the final quarter.We have their "figures" already.Results out next month.How to spin a yarn.

[russman] 25/8/2016 11:59

I read it as you estimated 1.5p eps for the current 2016.

[flyingswan] 25/8/2016 11:50

Sea7... Thanks for the figures. I did look at moving these figures into an excel spreadsheet and then convert to graph form, but I must admit I do not know the programme well enough to do this. But, I am sure one would see the correlation better in graph form.

[sea7] 25/8/2016 11:16

Give it up dan, you have been shown up for the clown you are again. On the business front, I second kimboys comments regarding buying at the very low share prices earlier.

Whilst you were on here ranting about your losses, we were quietly buying. Speaks volumes dan doesn't it.

[sea7] 25/8/2016 11:05

FS,

August 2007 share price was 8.5p
2008 quoted at 9.5p
sept 2009 share price was 10.93p
Sept 2010 share price was 9.6p
Nov 2011 share price was 11.94p
aug 2012 share price was 14p
jun 2013 share price was 8p
jun 2014 share price was 3.75p
jul 2015 share price was 1.63p.

In 2007 shares in issue 109m mcap 9.26m
in 2008 shares in issue 112m mcap 10.6m
in 2009 shares in issue 111m mcap 12m
in 2010 shares in issue 168m mcap 16.1m
in 2011 shares in issue 168m mcap 20m
in 2012 shares in issue 168m mcap 23m (price hit all time high of 16.5p that year)
in 2013 shares in issue 168m mcap 13.4m
in 2014 shares in issue 168m mcap 6.3m
in 2015 shares in issue 168m mcap 2.73m

today we have 167m shares in issue and a 6p share price giving a 10m mcap.

The mcap is the same today, as it was in 2008, when PBT was around the same level as it is today. The company has a lot more to come and this PBT figure should increase going forward and if history is anything to go by, so will the share price.

The shares in issue are rounded and the prices are correct on a particular day in the months shown - I know they are as they are taken from my historical contract notes.

[sea7] 25/8/2016 10:44

Dan - you suggested a deal, I never, ever agreed to any such arrangement, nor would I ever do so.

Therefore I can not break an agreement that I did not agree to in the first place.

Think about it miller, FFS. In your deluded mind you made an agreement, however, you neglected to secure the support of the other person in your plans. A fairly large error on your part miller.

[danielmiller1] 25/8/2016 10:36

FLYING SWAN KINDLY LISTS GDP- PROFITS.


2015 - loss £796k
2014 - loss £248k
2013 - profit £207k
2012 - profit £5.24m
2011 - profit £3.42m
2010 - profit £1.94m
2009 - profit £2.40m
2008 - profit £1.62m
2007 - profit £751k

DAN has but two observations.

1/ can you believe the company who have admitted to presenting overly optimistic figures.

2/ if you believe the figures then where has the over 10 million pound profit gone?

I mean come on guys it takse some doing to turn a 2012 - profit £5.24m into a
2014 - loss £248k/2015 - loss £796k where is the money?

[flyingswan] 25/8/2016 10:08

Sea7... In you post below you mention the yearly Goldplats GDP profit/loss before tax - PBT. Do you know what the Market Capital was in each of these years? What the share price was? The year you quote 9.5p 2008 the PBT was £1.62m. What do you feel would be a fare share price for a PBT of £2.00m? What could the PE ratio become, if the long term recovery is proved?

24 Aug '16 - 14:39 - 2655 of 2663 0 0
An unexpected and brief update.

This does mean that kimboy was spot on with his assessment and it was at the lower end of my range of £2m-£3m.

Still, notwithstanding the rand issue, it does look as though we were all in the right area, with regards to our expectations.

The "market expectations" in the VSA note were way understated.

Since listing goldplats profit/loss before tax (to end june each year) is as follows...

2015 - loss £796k
2014 - loss £248k
2013 - profit £207k
2012 - profit £5.24m
2011 - profit £3.42m
2010 - profit £1.94m
2009 - profit £2.40m
2008 - profit £1.62m
2007 - profit £751k

This figure of £2m to end june 2016, putting the one off rand issue to one side means that we have finally emerged from the woods and are seeing levels of profitability, not seen since 2008/2009.

Back in July 2008, the share price was 9.5p, gold was starting its climb up.

We have a lot more to come and we have nearly two months worth of revenue already booked since the end june.

[danielmiller1] 25/8/2016 09:53

Man can you believe this. Read back and you will find that Kimboy was screaming on this BB TO OFF LOAD KILI AS IT WAS A WASTE OF TIME......NOW HE CLAIMS AN INTIAL
£2million profit........thats what you call a GDP expert is it

On the other Dan has always said to work KILI.Dan has seen the geographical and topographical surveys and Dan Like Manolo knows that there is GOLD IN THEM THAR HILLS.

THIS IS WHAT THE BOT IS SAYING NOW. IS IT ANY WONDER THAT THESE "EXPERTS" have lost money. Now he is calling for a 20p share price .......DAN SAYS HE NEEDS TO DO MORE HOMEWORK


25 Aug '16 - 06:35 - 2663 of 2663 0 0
Also cash flow should be fairly decent allowing them to get these elution towers up. They perhaps bring in £600k each. Then there is Kili, if they decided to go with the upgrade themselves, which may be another £2m profit.

Then there is South America.

If some of that happens then 20p won't seem as pie in the sky as it once did.

[danielmiller1] 25/8/2016 09:47

Think is stupid 7 you broke the deal and posted that I was incarcerated.

If you can't stand the heat stay outta the kitchen.

News just in we sail tonight on the fantasy boat with its fantasy crew to a wonderful fantasy island with all its fantasy old cars.

Lololololololololololol

GDP down again I see.

[russman] 25/8/2016 09:45

I cannot wait for the detailed final quarter update.
It is a little bit tardy.
Something may have happened. Or not.

[russman] 25/8/2016 09:41

So you believe it is a f/cast of £2m net profit before tax.
What would that make the op. margin.
Bear in mind: Kili & the Rand toll contract.

[sea7] 25/8/2016 07:47

Dan - go back to your fantasy trip to cuba on your fantasy boat, with your fantasy friends. You said you would not post here until october 1st - yet another lie, on top of all the other lies that you peddle.

[kimboy2] 25/8/2016 06:35

Also cash flow should be fairly decent allowing them to get these elution towers up. They perhaps bring in £600k each. Then there is Kili, if they decided to go with the upgrade themselves, which may be another £2m profit.

Then there is South America.

If some of that happens then 20p won't seem as pie in the sky as it once did.

[dangersimpson2] 25/8/2016 00:01

With Q4 likely delivered £1m PBT and little to no seasonality in GDP's business then central case for 2017 should be £4m. If they can get the TSF into production at the half year that would be £0.5m additional plus £250k CIL = £4.75m PBT = £3.5m PAT for 2017. Maybe £6m PBT = £4.4m PAT for 2018 with full year contributions of TSF & CIL plus a bit of extra operational improvements. So a 2017 P/E of 2.9 and 2018 P/E of 2.3. P/E not always best way to value companies like this but does show what good value GDP is. Also lots of moving parts between now and then but one can always hedge gold exposure and FX if desired. 2nd best risk/reward on UK market IMO.

[danielmiller1] 24/8/2016 23:45

Yes sir keep buying please the MMs love all gullible punters.

[maybesum] 24/8/2016 21:37

Yep ... and this sucker is going to be buying a lot more,... as the share price will be heading higher and higher twerp.

[danielmiller1] 24/8/2016 21:17

Yep it does look cheap if you can believe the figures and the figures will not be subjected to their usual adjustments.

Also it my look cheap but today's falling back of the share price does not support your views Botboy!

[michaelfenton] 24/8/2016 20:03

DD4 - about the accounting re RR dispute - As the situation is unresolved the BOD have to state "accounting adjustments which may arise from the dispute" as the situation is presumably in the hands of the lawyers. Personally I wish they would make the adjustments to the accounts and if they do eventually get some money that will be a bonus.The good thing about the RNS is that atp least we know profits are ramping and a one off write off will not have serious consequences.

[discodave4] 24/8/2016 19:07

Take my hat off to you KB2, your numbers were spot on.Probably be shot down, but not getting too carried away with the share price action today, loads of profit taking and the bid only ended up just over +4% at close, despite today's good news. Its still 9% below where it was prior to the news about RR. So I'm still hanging on in the hope more upward movement is to come on further good news - if not nothing has changed much for me.Their clearly trying to drip feed bits of good news prior to confirmation of the bad news on the 26th Sept?, which is ok with me if it keeps the share price going in the right direction until then.Happy to eat humble pie if my shorter term strategy/view was/is the wrong one but the RR saga is far from over IMV. Wasn't that long ago most on here were saying it was going to be resolved very quickly and in GDP's favour, that was also the message from the BoD. Now it seems to have changed to it is more likely to be written off - "accounting adjustments which may arise from the dispute".DD