Fulcrum Utility Services... Share Discussion Threads

[pictureframe] 22/8/2023 08:46

You've got 2 major shareholders financing the business at 20% interest rate! Where has all the sale of infastructure money gone?

[carpingtris] 22/8/2023 08:46

Didn't they have a share incentive scheme for the employees? bet there happy?! not.

[wakeyinvestor] 21/8/2023 21:18

The loan converts to shares at 0.5p whereas the current share price is well below that. There is no certainty this will delist as they haven’t got the votes, so existing shareholders should IMO buy more shares at these low prices and vote against the delisting. From there, value may be derived as the business is in recovery, at pace (as the RNS says)

[catabrit] 21/8/2023 18:01

“…option-like bet…”

[jonnywalker77] 21/8/2023 16:53

Good money after bad - you are heading for zero like I said in December. Any value in this will go straight to the convertible note holders and once delisted you have basically no rights.

[catabrit] 21/8/2023 10:23

This is the most interesting de-listing I’ve seen since PCF Bank and thus I’m happy to buy shares and tuck them away as an option-like bet.

[wakeyinvestor] 21/8/2023 08:28

The business is set for recovery, at pace. You’ll only be able to participate in that recovery if you hold onto your shares and vote down the resolutions collectively with other shareholders. They have around 57% of the votes so are still nearly 18% short.

[terminator101] 21/8/2023 07:46

Terminated. Another one that the boiler room crew tried to ramp the gerbils into.

[watcher13] 06/4/2023 10:38

Correction to my last post - £11 million at 0.5 pence per share is an awful, awful lot of shares. Increasing the loan and paying 20% suggests they are projecting big cash flow shortfalls over the next few months to cover working capital needs - but if so why is the loan scheduled for repayment in November? A recovery plan is going to take longer than that so I suspect that date will move or more likely we will see conversion at a horribly dilutive rate. Zero value in this for minority shareholders.

[pictureframe] 06/4/2023 09:15

20% ........ yep 20% interest rate and to both major shareholders!

[watcher13] 29/3/2023 12:09

is this the fear factor that Bayford/Harwood will exercise conversion in April? £6 million at 0.5 pence per share is an awful lot of shares.

[chesty1] 01/3/2023 10:27

Ever since they stated they know of no reason for the rise it's had daily increases! Someone is in the know here.

[p1nkfish] 16/2/2023 12:07

Don't remember exactly but do holders buying at the right time get option of shares at 0.5p sometime this year?

[chesty1] 16/2/2023 11:02

Having a great day FCRM & WSBN Flying today! NIce.

[hooley] 31/1/2023 10:15

Worth a punt with net tangible asset value at last b/s date 7.5p a share. New management team clearing the decks. They have large stakes in the equity bought @ 15p a share. Majority of shares owned offshore. A bid at half the price of their original stake would make sense.

[sipptrader88] 27/1/2023 07:55

obviously no thoughts on why 0.8p D&D? or too busy?

what about you two that recommended his post?

have you any thoughts you wish to share?

[sipptrader88] 26/1/2023 16:04

D & D What makes you value FCRM @ £3.2m? I see possibly £2.4m....assuming the convertibility and £24m if it doesn't and in due course we get back to near profit from the lag of management changes coming in to play and revenue collected successfully and further contracts coming in to play!

[duck_and_dive] 26/1/2023 15:34

It should go back to 0.8p by tomorrow.


D&D

[sipptrader88] 26/1/2023 15:12

At the end of the day the share price is only roughly back up to where it was around 14th December when the interim results were published...since then small volume sales have brought it down by 50% odd...Some people will make a bit today or have....really so what and good luck to them....you couldn't even call it noise...nothing to see here...the share price will either drop back to 0.6 and then rise to 4p...or it may just go to 4p in due course or perhaps more than 4p on more positive news. The directors shares mostly cost them 12p...was that about a year ago?

GLA traders and/or holders

[p5tvr] 26/1/2023 15:09

Another chesty donkey holding,sure can pick them.....LOL :0)