Argentex Share Discussion Threads

[mr roper] 01/2/2024 10:25

Stakebuilding. Staveley is a very active investor. Only have to look at his involvement in the turnaround at Pressure Tech. Suspect he'll be taking a closer interest here shortly

[ali47fish] 01/2/2024 07:29

1 feb 24
Rocwood strategic invests c 3pc- are they not already invested

[hamid1970] 30/1/2024 22:26

Over reaction. Those that wait for clarity risk missing out on must be an expected bounce.

[dr biotech] 30/1/2024 16:54

I’m wondering whether there is a substantial payment to the former CEO as an unseen cost. Guess they would have mentioned if it was as a non recurring.

[qs99] 30/1/2024 16:01

interesting, but still in the "watching" bracket I reckon.

Senior Execs left with "immediate" effect last year, DYOR, new "Interim" CFO appointed, will he do a full review & throw the kitchen sink at it? Does that mean more conservative forecasts and more exceptional one-offs in next 6 months?

DYOR on all, but I'm cautious and watching rather then jumping in as H2 looks like it has slowed significantly.

GLA

[hatfullofsky] 30/1/2024 13:53

MCAP £64m at 56p / AGFX Cash is +£19m (cash generative), Client cash £13m. (Which they make perfectly clear in the interims), Op profit >£8m

Revenue
to 30/06/23 £25m / 6 months / £4.17m per month
to 05/09/23 £35m / £10m in 3 months / £3.33m per month
to 31/12/23 £50m / £15m in 4 months / £3.75m per month

HY Op Profit £5.2m converted to PBT £4.8m

Total over reaction, I expect a bounce of 55p over then next few trading sessions

[nick rubens] 30/1/2024 11:20

£8m 'operating' profit? Not pre tax? I still think it will get worse as the situation evolves or the full figures are shown in the upcoming results.

[smithie6] 30/1/2024 10:25

So, in Nov. '23 the company expected profit for '23 of £11m

But just weeks later they say it will be £8m !!

Does not infer confidence in the execs.

[ali47fish] 30/1/2024 09:14

pire what 's that please

[74tom] 30/1/2024 09:13

Yep, the first red flag with this company was their presentation of cash without making it abundantly clear that a significant chunk belonged to customers. The second was the way they cherry picked KPI's.

[pireric] 30/1/2024 08:23

Need to net off the money that is not theirs, so net cash was £19m at the half year stage

Eric

[dr biotech] 30/1/2024 08:16

It has £30m cash, so 50m for a company making c5.5m a year isn’t terrible. New board has it all to prove though.

[74tom] 30/1/2024 07:52

Operating profit of £2.8m for H2...horrible vs the still £80m market cap.

[ali47fish] 30/1/2024 07:34

below expectations no good today update

[toffeeman] 03/1/2024 13:27

Only just discovered this thread (was on the other one) so just to say I went long at 80p which I judged to be the RH shoulder of an inverse H&S target 100p - going ok!

[toffeeman] 29/12/2023 18:01

Inverse H&S playing out rather nicely so far - target 100p

[maddox] 21/12/2023 12:15

Thought it might be interesting to see what Cambridge might be able to spin-up as a threat. Seems to have been stumpted by the question.

[melton john] 19/12/2023 08:29

I agree, mobile app users can't see his posting record but it is a constant stream of negative drivel about every company he fancies talking the price down. Never any facts to back up his claims. Filter him, waste of oxygen.

[ali47fish] 17/12/2023 09:27

maddox-cambridge should be filtered- my information from pau hill interviews and other sources that the company is steady to say the least

[maddox] 17/12/2023 09:06

What do you think these big problems are Cambridge? And where do you see the share price falling to?

[yump] 14/12/2023 23:37

Cambridge

I’m actually calm and mean every word that I say about you in a cold and clinical way. Scum. Nothing worse. Go get a life.

[melton john] 14/12/2023 23:12

Best ignored yump he'll get bored, filter him/her. You can't argue with the nonsense that trolls post.

[cambridge130] 14/12/2023 18:02

There you go losing your temper. It's obvious there are big problems when the CEO and CFO disappear within 2 weeks of each other.

The share price has 30% further to fall over the next 4-5 months, then it's sideways for a year.

A little tip : You need to direct your anger at the company.