Another poster full of 🐂💩129768;
How would anyone know there was one 1.4m seller?
And assuming that's validated, y would someone sell such a quantity?
Placing dilution.....?
cszjrh01
Posts: 239
RE: SP23 Sep 2024 12:24 You mean we had a seller who got rid of 1.4m on Friday?
Testing the patience for sure but not a dog of a share. Yet. |
1.6 coming 🤣🌲127876;🌳7796;🌵Ԑ51;🩳
C is your only purpose to punt £150k down the 🚽🫨 |
Smelly, is your only purpose in life to wake up every morning and comment on this thread? |
Support gone 1.6 coming lovely 🤣🩳127797;🌴7795;🎄ӽ94;
Punished for 💩 RNSs, Opaque accounts and Comms.
Why would anyone invest here and see value eroded year after year after year?
Stupid is as stupid does.
Even a bank account pays more 🫨🤣 |
Mr C
You ❤️ the obvious. Everything is relative a statement most know and ❤️
I said ....You're lucky.....£150k on punt isn't the norm.
My point wasn't that £150k is a large punt for you......its just not the norm......meaning to many PIs £150k would be a large punt.
I'd say that is realistic.
As for.... i will gain regardless of your reticence. Simple as.
I made no comments on whether you would gain or otherwise.....in fact I inferred it wasn't a punt and you know what you are doing 🤣.....as in I know that it's not just a punt you big rascal 😜
I 🩳 the spike as I have done b4.
I've not invested £150k in something that's lost value over 4 years.
I've bought these low sold higher and 🩳 back down.
They've slipped a little and I'm hoping 1.4 1.6p will soon arrive.
It's not easy to acquire c6.8m or sell
As you stated its just a punt so no worries 🤣
The company is run like a private business
Shareholders are for raising cash
Their comms are 💩
They break promises
The business is losing money
The financial reporting is terrible and very unclear
They use weasel statements although now to be fair they are correcting.
So they now state they could dilute but only if the acquisition adds greater SV and that's fair.
They've now stated in 2025 and not by 2025 which again is fair.
So maybe they will improve the rest and if they do then they should get many more shareholders and the SV should increase.
Good luck with this £150k punt 🤣 |
Smelly. Everything is relative. 150k is absolutely nada, ok? Try to be realistic, i will gain regardless of your reticence. Simple as. |
Well C I aim to please.....laughter is so important.
You're lucky.....£150k on punt isn't the norm.
But I know and you now know I know that it's not just a punt you big rascal 😜 |
Smelly, i love you, i love cynicism and I adore financial reality and you have it in bundles. I don't hokd many, only 6483000, it's just a punt. I look forward to your posts, my serious investments are elsewhere!! |
This is absolutely brilliant and just 2 🤣🤣129315;
From an LSE poster...
RE: RNS
The report looks like that movie "Margin Call" where the risk manager realises that a small % negative shift in asset value would wipe the company out, because of a highly unstable balance sheet, but gets fired.
A 1.2% increase in liabilities or 1.2% decrease in asset value here would reduce the company to zero value. That's an unstable position to be in. Each acquisition carries both assets and liabilities, and one wonders why they are so cheap to acquire.
Still not breaking even after all these years?
AUM of $2B is now "in" 2025, not "by" 2025, some slippage there. If they cannot make money out of half a billion under management why would they make money out of two billion, too many expenses, and cash is going down year on year.
The company is behaving like a private company. All those pledges in 2021 about open communications which withered on the vine. |
Smelly, I await tomorrow. Never in 50 years of investing have I met the likes of you. You really dislike this stock, but you're here every day!. Why? |
Oh how lovely you are C.🫨 |
Smelly, so you are gobbing off again today, never one to waste a day eh. I wonder what tomorrow brings. |
I can see why the insides reduced their holding a few days ago .....looking for a drop....🤣 but my 🩳 caught then b4 🤣 |
Well ......marginally better RNS but still waffle and gob💩
12% increase 0.14m loss so almost BE
Dilution only if it enhances overall share value.......finally some honesty.
But where's the actual detail ffs total gob💩 weasel.
How much cash is being generated?
What are the costs in detail?
Whats the cost changes due to integration and acquisition.....wheres the benefits mentioned.
Whats the NEW product expected to do and yeild?
Its all the same pile of 🐘💩 from the Chair and BOD. They need change at the top.....new blood who is used to reporting to the city....a decent CFO...🫨
The brokers update should provide further detailed insight if and when that's done? |
RNS out. If someone with a bit more knowledge than me could summarise, that would be appreciated. |
Results out this morning any comments ? |
Perhaps you need a better paying job. Trolling bulletin boards is obviously not lucrative enough. |
🤣🤣129315; with 7m it's c7% & c£10k
For some that's not small so be humble 👍 |
Nice big sells c500k 🤣 |
If only....but it is progress and honesty to be applauded 👍 |
I note algw now state the 2bn aum is on track to complete "in" 2025 and not "by" 2025. They have been reading your posts Q. |
Good summary and fair comments.
Suggest you get a foot hold on any weaknesses b4 Mr C has another nibble 🤣
Good luck, you clearly know your stuff 👍 |
Qsmelly,
1) Why am I potentially looking to buy shares? Because I like the idea of a counter-cyclical business for diversity, the concept of this business in a growing life assurance makes sense logically, their funds are demonstrating a good, consistent investment return so should in theory attract more customers and the management have said they expect to reach cash flow break even soon, which would indicate the dilution risk has lessened and they have decent cash in the bank - therefore the prospect of organic and inorganic growth looks good and could soon happen exponentially without risk of a discounted equity raise.
2) No, I was not bright enough to buy at 1.1p - my attention was probably on other stocks.
I have looked at the Allenby Capital note but it does not explain the expenses - are there any other broker notes?
Ta |