Gattaca Share Discussion Threads

[forethought] 03/3/2022 20:00

Hmmmm. Thought so. Accumulation going on. Results at end of month.

[dougmachin] 25/2/2022 10:16

Good-o.

Hope the mgt here have sorted their game out to be part of the party.

[forethought] 25/2/2022 09:35

Hays have reported record results. Doing very well.

[forethought] 23/2/2022 12:44

Folk still giving away their stock cheap and probably at a loss too. MMs taking advantage.
Hold.

[km18] 18/2/2022 13:25

...from last year...

Company overview:
Gattaca is a human capital resources company providing recruitment services for the private and public sectors. The firm’s specialty are aerospace, automotive, defence and banking and financial services sectors. GATC provides also analytical services aimed at increasing the effectiveness and efficiency of the workforce, engineering design services, process engineering, IT services and systems engineering (think of it like simulation tests, verifications). Overall, they provide quite a diversified portfolio of services covering a great deal of the hiring, engineering and testing activities of companies in the sectors. They went through a bit of an acquisition spree in the mid-2010s, other than that growth has been mainly organic, without putting heavy ballasts on the balance sheet. Even better, goodwill seems to have been impaired steadily over the years.
We should make a note that the FY2021 finishes in July for Gattaca, which means year-end results are right around the corner. As a result, this is just a trading update for the 12-month period, and we will update the financials as soon as they are released later in the year. However, this does not limit our ability to forecast what the actual figures will be, as the company gave very little details.
Last year’s performance was obviously hit by lockdown 1. So, a 15% drop in revenues, unfortunately due to operational gearing brought a 35% drop in operating profit and overall net loss of £1.78m. Our attention is on the extraordinary loss in 2019, which actually made the 2020 performance look better, the amount was most probably due to the US dispute the company is going through....from WealthOracleAM

[blackhorse23] 11/2/2022 14:36

Going down ... no one buying this stocks

[blackhorse23] 10/2/2022 15:57

Sold my stocks ...

[guyswonga19744] 09/2/2022 16:13

it moved up yesterday also, i suspect a background buy order

[davidro77] 09/2/2022 13:46

Why the sudden move today?

[guyswonga19744] 09/2/2022 11:25

Yes I agree, very much oversold bought a few yesterday and just over 7K of shares at 98.9p Clearly there is someone loading up behind the scenes, I think we will see 150-170 by end of Feb

[forethought] 09/2/2022 10:25

This is more like it. We all know this has been over sold. Patience required.

[dougmachin] 08/2/2022 15:16

Actually, it was a 2 you missed.

[dougmachin] 08/2/2022 12:51

You missed a 1 in front of the 70.

[blackhorse23] 08/2/2022 12:47

Long way to go , my buying target 70p

[doobz] 08/2/2022 10:43

Good job Gatc, definitely worth the patience. Not happy wit latest report but the potential is still there for this one. GLA

[forethought] 08/2/2022 09:15

Not surprised we're in the blue. Been seeing late reported trades of higher than average volume going through recently.Mopping up.

[pinemartin9] 04/2/2022 20:54

Worth patience I'd say. This is a great price for those with a little patience.

[davidro77] 04/2/2022 13:18

Volume and interest in this share appears to have dried up. I assume everyone with any trading interest has long gone after the disastrous update. I'm assuming until the next update this dog of a share trades flat or drifts lower

[casholaa] 04/2/2022 10:48

Now 5 vacancies to be filled at No.10. Come one Gattaca, pick up the phone and call Boris!

[forethought] 04/2/2022 09:06

I'm giving them the benefit of the doubt and think they are being pessimistic.
We are in a recovering market and they are possibly being overly cautious in that last TU.

[stemis] 03/2/2022 22:36

If there were suffering in a tough market it would be one thing but they are struggling in what appears to be a good market. No-one seems to be able to explain that away...

[casholaa] 03/2/2022 22:03

Four specialist positions need to be filled at No.10

[forethought] 02/2/2022 13:57

Appears the disappointed and impatient are leaving. Quite understandable.
On weighing it up though, my feeling is, we are where we are, damage done, low valuation in relation to revenue and a temporary "break-even" prediction.
Me thinks there has to be a surprise to the upside in terms of business uptake. I recall we had a very positive TU last May after a disappointing start to the year. Hmmmm, feels familiar.
I've got to hold onto these. Can see these doubling if we have a repeat scenario.

[forethought] 31/1/2022 14:52

I'm rather hoping they report a healthier forecast at the end of March interims. That will be then 2 1/2 months since the TU. Long enough time for early signs of burgeoning. If not then, when?
If we do see positive signs then these sub £1 price levels will have been a fantastic buying opp.

[doobz] 31/1/2022 12:50

It's also disappointing to see that Gatc isn't having any sort of boost with further confirmations of industry wide strength. I'd expect STHREE results to have bolstered some confidence in GATC today, they have underperformed but they have the opportunities in front of them to do well. I suspect the delays are due to new staff, that haven't really hit the ground running and taken advantage of the current climate. This could all change as they catch up. GLA