Geong Share Discussion Threads

[stegrego] 25/3/2014 15:22

Hahahahhahahhahhahhahhaha

Please stop.

[sir rational] 25/3/2014 14:43

How do, Squires lol ;-)

Will have a looksee.

Muddo - I kinda like Riv's thread but if I get a moment, maybe...

Are we due interims soon?

There might come a point where CEO throws in the towel, winds down the co within contractual limits, cuts costs & sacks everybody apart from whoever he needs to collect receivables - and basically just pays out divis for a couple of years as the money gets collected.

55p a share.

[mudbath] 24/3/2014 20:43

Possibly arch bull Sir Rational could start a new thread as the current header has not been refreshed in many a year.

[poacher886] 14/3/2014 21:54

Cant get my head around this one, the low share count is attractive, but clearly something missing here. With the Chinese economy, due to serious problems based on debt, will it drag this company to oblivion with it?

A others have mentioned it seems (for no particular reason) to spike occasionally, and give some hope only to fall flat again..news is irregular and raises more questions than answers.

Basically it just seems doggy and hanging on a limb, yet if it turned for the good, it could enable instant retire....undecided.

[corrientes] 12/3/2014 19:09

Yeah ! the way Chinese economy is behaving ! Just get some real cash in, that's all I want, but it'll never happen with the dreamer in charge, creating, prima facie, fictitious revenue on the P&L.

[sir rational] 12/3/2014 18:38

Gonna pop! ;-)

[augustusgloop] 06/3/2014 16:51

Reminder:

trade receivables is £21m

Nearly all of that is from IaaS - which has annualised revenue of £6.8.

Thus about 3 years for the average customer to pay.

If we assume that half pay in 6 months
Then the other half take about 5 years to pay.

In what universe is that not bloody awful?

[augustusgloop] 06/3/2014 13:30

Bloody amazing how this has managed to persist for years without shareholders being able to determine for certain if the money actually exists.

In 5 years time will their debtor days still be growing?
It long ago went beyond the realm of believeability for any sensible business model.

If Chinese banks really took so long to pay their bills - why would anybody ever do any business with them?

I probably wouldn't do any work for somebody that I expected would not pay for 3 years.

[sir rational] 20/2/2014 09:39

I am keeping my toe in ;-)

[zangdook] 19/2/2014 13:59

How's the swimming these days, Ratty?

[mudbath] 19/2/2014 13:40

Well if arch bull Sir Rational is soooo confident about his 15 pence initial target then I am going to fill my boots with GNG shares just as soon as they dip below two pence.

[muddystone] 17/2/2014 10:01

And it's all gone quiet again. This share is so damn infuriating! Just when you think something is happening......whoosh, it's off the boil again.

[sir rational] 14/2/2014 09:06

Charts would indicate a 'higher high' is in the making - that would sit >10p, my first real target is 15p.

Good upside from here, this is a 10-bagger.

[hazelst] 14/2/2014 08:45

Something's brewing!

[bobosh13] 13/2/2014 09:47

May be something happening behind the scenes? Anyone have any ideas for the move up this morning?

[fillipe] 13/2/2014 09:43

Many of the buys are multiple lots of 10k ... also some larger but the very many 10k's stand out a bit.

f

[hazelst] 13/2/2014 09:38

I think Sir has answered this question!

[hazelst] 13/2/2014 09:37

Big move! Anybody know why?

[sir rational] 11/2/2014 16:06

Now now ;-)

£20m of cash = 50p per share - value will out.

[stegrego] 11/2/2014 15:44

Is that for for whole company or per share??

[sir rational] 11/2/2014 15:06

Little bit more buying will push this up to 6-7p

[kaos3] 09/2/2014 09:42

some China shares

cash & equi MC
achl 213 167
taih 9 2.6
GNG 18 2

all is illustrations and not accurate. Just for pattern.
BUT
is this a lifetime opp in china, systematic fraud, cultural misfit?
Place your bets. It can be once in a lifetime if the this cash&equivalents Q is solved.

[sir rational] 07/2/2014 14:30

Funny old share - could easily be 10p this time next week on the back of a scant few £thousand buys.