Getech Share Discussion Threads

[book5] 24/9/2023 14:57

I hope it is better than the other 90% of the due diligence done by the different institutions, which so far carry substantial losses
Check Cnr and Cgh. Their billionaire director or private principal shareholders have been buying for years, and still, their respective shares are on their knees. They also did their due diligence
My boss lost a fortune in Marconi, together with his marriage and had to put 60 family properties on sell.

The graph is saying the chances of success (we need to define it) is low.

As always manage ur portfolio: “Hope for the best, prepare for the worst

[book5] 24/9/2023 13:47

Hi Pugugly

Cnr assets are in Nicaragua
Gtc assets are here; therefore, its directors will not spin as much.

[32campomar] 24/9/2023 11:23

I guess an institution picking up 2 million shares at a cost of around 200K is part of the ramp? Do you think they have done due diligence or just put a blindfold on and chucked money down the drain ?

[battlebus2] 24/9/2023 10:09

7AM tomorrow. All will be clearer then. Make your own minds up then. I’m sure not everyone will be happy with everything but it’s the direction of travel from a management that’s listening to shareholders is the difference this time.

[pugugly] 24/9/2023 09:24

book5:_ Possibly as much a chance as CNR recovering to 25p or above.
While we would wish for both to happen could be in blue moon territory.

[book5] 24/9/2023 00:51

Don't listen to those who justify the decrease of the share price Much of the nonsense posted here is a dangerous ramp encouraging others to invest, and the rampers tend to fall victim to their ideology, that is the route to ruin.

Such prolonged hammering of a share price only happens if the news ahead is much worse than previously forecasted.

As I said weeks ago, let's wait for the interims and hope insiders start buying; the rest is dangerous noise. I hope next week GTC shares recovers above our previous maximum of around 12p.

[battlebus2] 23/9/2023 12:22

Yes I feel the same campomar. Also the fact they will likely be looking to add to their holding at some point should underpin the shares. I don’t care what the naysayers think of GTC I for one feel very confident of our future.

[32campomar] 23/9/2023 11:06

I find it really encouraging that an institution may have taken the rest of the shares from Fortune Europe whose fund is being closed down (just under 3% from their last RNS) the week before the results are published.

[yump] 23/9/2023 08:22

Better just cross fingers then.

[battlebus2] 22/9/2023 18:52

Yump there’s little or no point in me showing my working’s on this forum when there’s a results presentation on Monday when all will be laid out.

[yump] 22/9/2023 18:33

Battlebus

Afraid the cliches won’t do it for me.

Can you explain how profits will appear - perhaps using a mini P&L example ?

[bookbroker] 22/9/2023 12:47

I want to see Kitson House off the books, vanity idea in the first place to acquire a Grade 2 listed building as as office, plenty of suitable places in Leeds that time ago.

[battlebus2] 22/9/2023 12:35

We are on the right path with the right leadership in the right area at the right time. All we need is time 🕰️ and I’m happy to wait for those profits to filter through.

[book5] 22/9/2023 12:27

agree, so far,
DESTRUCTION OF CAPITAL WITH CAPITAL LETTERS
and investors losing their shirts

[book5] 22/9/2023 11:41

i would do with 23p
lets see
many have gave up
gla

[32campomar] 22/9/2023 11:03

Very much looking forward to it Selling institution out, new large holder on board. Results on Monday will show expected loss but crucially looking forward I want to see the CEO reiterate his aim for break even going forward Update on H2G & growing high profile global clients. Investor presentations Out of closed period, so director buying commencing.I'm calling that the bottom is now in.

[battlebus2] 22/9/2023 10:55

All quiet before the storm on Monday 🤣
Good luck all holders 👍

[book5] 21/9/2023 12:39

A better scenario would be if insiders were buying
Hopefully their friends are
Gla

[32campomar] 21/9/2023 12:31

Seems you are right, looks like the overhang is clear at long last !

[book5] 20/9/2023 18:01

Low-interest rates mainly benefit "Zombie Companies" and the stock market's general value.

Referring to interest rates peaking or a fund closing down as a reason for hope is missing: this needs to go up a minimum x 3 for many investors to recover their losses. Others may need x4, x5 or a higher multiple.

It would be worth it if some folk think by themselves: is it worth spinning around minor issues for weeks without end when the share price keeps going down to a multiyear low?

[32campomar] 20/9/2023 17:45

Banging heads against a brick wall springs to mind

[battlebus2] 20/9/2023 17:34

How many times have they said and we’ve said the company doesn’t need a fundraiser.

[yump] 20/9/2023 17:10

Interest rates are very relevant specifically because markets look ahead.

It would help if some folk actually read and understood posts.

If you look ahead and think GTC might need cash to put into H2Green for development, then its either coming from a placing or debt(ie. Borrowing). The latter would be very sensitive to interest rates.

Thats 50% of why many fledgling sme’s are in the doldrums. They need placing cash OR borrowing. Neither of which is a great option at the moment

[book5] 20/9/2023 15:58

Thanks, I take your word that the fund is closing for that generic reason.
However, the fact that it is selling into the market rather than to another institution speaks volumes because it is willing to absorb significant final losses to its investors! Poor fund manager. Poorer investors.
Sellers happy to make a profit are very welcome, but for that, we need buyers, and for that, we need a massive change in business performance.

If you have different views, please explain to me what we need for this to go up, and forget about the forced seller because that does not explain why there are no buyers at higher prices.