||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Getech Share Discussion Threads
Showing 1601 to 1624 of 1625 messages
|Hadn't realised the results were out, as they're not that important right now imo. However It Looks pretty sensible to me. I know a few big contracts can have a huge impact here as we have Seen in the past, it's cyclical and the price of oil is still key but less so now if that makes sense
I mean I am invested for the upswing in business from the recovery in oil, the share price looks dirt cheap and chart good for that recovery so for me it's one to tuck away. I like the management and have confidence it will turn around again so I'm comfortable keeping and hardly monitoring at all|
|I think the traders have come and gone 30p up to 40p and back, on the basis of the promising RNS's.
It looks like a recovery-style chart atm. Riskier than larger cyclicals, but I'm assuming the recovery, given improving prospects and cost reductions in H2, will compensate for the higher risk in a year or so. They certainly seem to have a few fingers in new pies.|
|Interims out today so the post header is correct, nobody does care!
fwiw they show signs of optimism, probably a decent long term buy if oil holds up.|
|60P HERE WE COME|
|one million shares traded today at 43p. That has to be good news|
|So it remains to be seen if admin. costs are decreasing then...
May simply be down to revenue stabilising and then increasing a bit then, to see where profits are going.|
|H2 admin costs were bolstered by £800k-plus 'write back' relating to the contingency consideration for ERCL. See post 1551.|
|Just been looking at cost of sales and admin. costs.
In particular the admin. costs were 1.97mln first half and 2.8mln for the full year.
Previously they've been the same.
So it appears they have knocked a big chunk out of admin. costs in the second half, which would tie up with the fact they have mentioned cost reduction.
Cost of sales looks more difficult to fathom. It looks to have been higher than previously in 2016, by the look of it because the first half was higher.
Given how highly geared GTC are to an increase in revenue, if they've actually taken 800k out of admin. and go back to a similar cost of sales as in the past, there could be a profit surprise here, IF they get increased, or perhaps even the same revenue.
Profit of 1.1mln gave earnings of 3.2p, so 800k of admin. costs gone is a lot in proportion.
4p earnings under improved conditions would look easy-peasy.
Having had a flurry of volume recently, it looks to be moving on not very much again...|
|WH Ireland has it under review, so nothing out there at present.|
|Struggling to find any forecasts at the moment. I'm sure there were some which seem to have evaporated. It must be very difficult even for GTC to look ahead to this year's end with any certainty.
There doesn't seem to have been a trading statement before interims before, so looks like April before anything appears, apart from more contracts.
So the cautiously optimistic AGM statement seems to be the only thing to go on, plus a bit of guesswork that the factors that caused the drop in profits have now partly reversed.
ie. potential exploration increase, as a result of supply reduction (OPEC) and lack of investment for some years.|
|Could just be a smallish order to start with.
I'd guess by the wording there are a number of contracts being given out for doing different aspects of the overall project. They say its the start of longer term work, so looks promising.
Hopefully GTC have weathered the storm with cost reductions and small acquisitions and put themselves in a good position for capturing some decent chunks of work, once exploration starts to expand again.
Lets hope the name doesn't reflect the level of bureauocracy in the organisation !|
An indication of the sums involved, size and duration of the contract would be helpful|
|Judging by yesterday, looks like some people have 45p as a technical sell as it blipped up above and then back. Its not a big resistance area though.|
|Well I was wrong. But good to see some trading at this level|
|Looks like it could move quite a bit more on Monday. See that last trade|
|Jump most likely due to HSR buy rec 2.30 this afternoon.|
|Well it does remain to be seen whether the rise is just people getting in because its come off the bottom, or whether there are tangible improvements going on at GTC yet. There appear to be a fair few hints, but I'd like to see something in black and white soon.
I guess some of the gains are due to the combined effect of OPEC cutting production, the years of underinvestment and the rise in demand helping to use up a lot of the glut.
There seem to have been a lot of general oil sector tips over the last couple of months.
Something on fool.com:
|Reqlly popped om just a small amount of volume. Hope it's not a boiler room scam.|
|Told you this was only worth 17p!.........humble pie, eaten :)|
|I suppose when a few thousand shares moved the price recently, it was likely that any buying volume could cause a jump. Maybe nothing more to it than that.|
|What the ?
I actually managed to buy a load of shares at the very bottom for the first time in years. Lets forget about the ones I bought higher up (cough) ;-)
At least the whole lot is bottom-loaded, if that's the right phrase, or has that been copyrighted by the Kardashians ?|
|Low ball takeover????|
|What's going on here? Reason for buying and subsequent rise?|
|Nice bowl formation on chart, are we about to get the next step up..|