Gattaca Share Discussion Threads

[r9505571] 29/6/2022 10:59

What's going on here?

[blackhorse23] 10/6/2022 16:00

Glad bought IGR

[alpineinvest] 09/6/2022 12:57

Blackhorse23 - you sold up on the 10 Feb anyway didnt you..? Hmmm.

[blackhorse23] 08/6/2022 21:30

Company not performing well , shift to IGR

[casholaa] 20/5/2022 16:31

Pretty sure I read that there would be a trading update today???

[casholaa] 19/5/2022 09:50

Are you kidding??? Ukraine needs arms and re-building at some stage. And the UK has been extra nice to them.

:op

[davidro77] 19/5/2022 00:25

That's probably more the Great Resignation than a boom in recruitment but we will see. I expect a coming recession will cloud their outlook and they will be cautious

[casholaa] 18/5/2022 20:41

Nahh, was unaware of NT investing in this, there's only so much info my brain can deal with so I focus on what I conclude rather than follow others. I'm hoping for some positive news here this Friday. Unemployment seems to be falling.

[davidro77] 17/5/2022 23:12

Holy f@ck ok I get it. Yep that's a pretty severe case of catching the falling knife. Were you influenced by the NT at all? He was so confident in this again and again mentioning it as cheap as chips as well as at the seminars. There must be loads of ppl who get suckered into this before the big fall. I just have the one position but it's still painful to see the size of the % decline. I did do research but wouldn't normally go for cos of this size tbh. I would double down now to bring the average down to 100 and hope to get out at break even but have no trust in mgmt here until the new guy can prove he can turn this around

[casholaa] 17/5/2022 01:05

Well I initially did quite well out of it by going in and out. I re-entered at just under 174 and then put in double my 174 entry at just under 136 and, yes, you guessed it, once I thought it had bottomed out, I further added 5 times my 174 entry at just over 78 (gift horses and mouths -yeah right!). Catastrophic scratches the surface. Like I said, clenched bum and hope.

[davidro77] 16/5/2022 22:15

Thanks for your honesty. Refreshing to hear that! But if your average is 100 ish then that's not too catastrophic? In fact quite remarkable as I imagine most who held on are here from a far higher price. I still have a holding from pre crash so unless I average down and hope for a rerate to 100p plus then not likely to recover. But seems far too risky to commit any more to this as, like you say, it could now get worse. If they start to turn a profit might be enough time to get back into any new uptrend without adding to risk here. Like you I feel I may as well hold on here, my error was not immediately taking the loss at 100p in the day of the last update. I didn't think it would drift as low as it has but the gen market sentiment is awful

[davidro77] 16/5/2022 12:08

So why didn't you sell at 95p, NT cut and ran and hasn't mentioned them again. The price has fallen by another third since then with the drip drip drip lower. Suddenly you end up sitting on really large % loss. My head says no improvement coming with this share but taking a loss always hard if you think there's a chance of a turnaround. The advice to take losses always seems to jar with the advice that you haven't made a loss until you actually incur it....

[casholaa] 14/5/2022 13:32

Of course it can get worse and I'm already underwater here by more than I would otherwise tolerate. I haven't seen Russia mentioned anywhere, there's inflation, there's recession... and covid hasn't really gone away. It will be interesting to see what has changed, if at all, since the last update and where things are heading. I suspect that around 5.5m went on the vat deferral from that 20m that went off. However, £5.5m of net vat can be reverse calculated to see what the basic net of vat revenue was after any vat being reclaimed over whichever period the deferral figure proportionately concerned.

[davidro77] 14/5/2022 12:40

Oh wow. Surely it cannot get any worse.....can it? Incoming recession is not going to be good for recruitment market. But hoping they were conservative with their break even forecast and that even if things have not picked up they aren't worse. If it's in line then surely cannot fall much further but I guess even at this level they need a profit of around £2m to put this on a PE of 10 vs break even forecast. And now the cash on the balance sheet has gone means it doesn't look as cheap as when the NT was tipping this

[dougmachin] 14/5/2022 00:26

Decent director buying in Staffline recently.
And contract wins there.
+ve read across?

Hope Gattaca's mgt team have managed to get a grip on their company!

[casholaa] 13/5/2022 22:27

Upcoming Trading Statement on Friday 20th May. Good Luck all.

[dougmachin] 09/5/2022 10:48

The LTIP award is a conditional grant of shares, which vest and become exercisable at nil-cost on the third anniversary of the Grant Date, subject to the individual's continued employment with the Group. Vesting of the LTIP awards are subject to the achievement of earnings per share targets (the "EPS Targets") over the year ended 31 July 2024 and total shareholder performance (the "TSR Targets") over a three-year period; with 50% of the maximum award vesting for threshold performance in the EPS target, and for the TSR target, 25% of the maximum vesting for threshold performance above the medium.

For Executive Directors, additional grant allocations will be issued on a 100% TSR hurdle against the benchmark of AIM for a full three-year period. For members of the Senior Leadership Team, with the exception of Claire Cross, 100% of the additional grant allocation is subject to the achievement of EPS Targets. For Claire Cross, 90% of the award is subject to the achievement of EPS Targets and 10% subject to the achievement of TSR targets. TSR targets will be measured against the Company's average share price from 1 January 2022 to 31 March 2022.

[dougmachin] 09/5/2022 10:48

See you on 31st July 2024, hopefully before!

So the target is 100% from a base share price of about 90p.

I'll take 180p on 31st July 2024!

[davidro77] 06/5/2022 18:36

By November the recession will be here and they'll be able to trot out another excuse for delayed recovery and zero profits

[stemis] 06/5/2022 11:33

Never trusted these guys since, back in 2018, they allowed their chief operating officer to sell shares just 3 weeks before a profit warning. He's gone now but chairman still there. Take a lot to get me back in...

[casholaa] 05/5/2022 21:30

I don't think we'll be hearing from this lot until November now, based on past news.