Getech Share Discussion Threads

[battlebus2] 16/12/2023 20:11

We maybe down but we aren’t out. We have new markets to focus on with cost savings to filter through. This could be a great business in time. They just need to stay fully focused.

[book5] 16/12/2023 06:30

I was not planning to post for a while, yet you challenged me
If GTC had something unique and valuable, it would patent it, and the market would be knocking at its door to invest millions, if not billions, to develop the technology.
Facts are: we don't have much capital left, we can't raise more cash at a reasonable price, we need to downsize and cut costs and sell property to pay the bills.

Best wishes

- AIM is worse than eBay, careful.

[yump] 15/12/2023 14:27

Book5

You’ve got a GTC price list then ?

Don’t know what your motive is but you seem to be making things up with no evidence.

GTC’s original business was doing fine until O&G exploration tanked. Nothing to do with pricing. Nothing to do with local preference. Nothing known about whether GTC are losing out to competitors.

Even if it was the latter, for a business as small as GTC’s, the market is big enough to get a decent share.

You’ve made an assumption that GTC have nothing special to offer. That isn’t borne out by their previous O&G success or the current order book.

Fair enough if you just don’t believe any of it.

[benny shares] 15/12/2023 11:32

Take a look at Baron Oil, a sleeping giant

[book5] 15/12/2023 09:06

The company is spinning again half-truths.
I worked in the mining industry forces while. In Africa, companies must procure local services where possible.
GTC is far too expensive to compete with local companies.
There are very few places where there are no local geotechnical engineers

I will not post more for a while
Have a good break

[book5] 15/12/2023 08:36

People buy GTC when they read social media news.
Perhaps somone from the inside has been spreading well-designed social media rumours to help others sell at higher prices
Learning is expensive, but it is never too late.
Directors are getting their salaries but don't buy any shares.

[dan_the_epic] 15/12/2023 08:14

Would you give an order to Getech when you can see the company share price chart that seems to be heading into the abyss?

Would you be prompt on paying them if you did place an order?

[babbler] 15/12/2023 08:08

Ouch. Chasers from yesterday now hurting. But seems quite over sold now... If they deliver on promises.

[32campomar] 15/12/2023 07:42

Disappointing but still up to 4.4 million in revenues & break even 2024

[battlebus2] 15/12/2023 07:40

Dan you’ll find that order book will increase significantly over the next 12/18 months.

[bookbroker] 15/12/2023 07:31

Likely be too late, that H2Green flight of fancy was what drained this company dry, admittedly they raised capital at the time, but paying the partners there was a desperate act, and the bandits at H2Green should be taken to task along with Paton. This company should have stuck to its original business model, but embarking on risky follies to grow its product base have left it high and dry. Capital offerings and dilution of its equity have screwed it, remember not long ago when it was a pound a share before Exprodat, etc.

[dan_the_epic] 15/12/2023 07:26

signs of life aka order book nearly -20% lol

[battlebus2] 15/12/2023 07:25

Yes not a great RNS but signs of life in new markets.

[book5] 15/12/2023 07:21

rns out

Facts:
revenue down
Order book down

Spin: great opportunities ahead

[dan_the_epic] 15/12/2023 07:18

Fat profit warning. New lows today beckon

[yump] 14/12/2023 23:40

Can we have the leak option please ;-)

[workingfromhome] 14/12/2023 21:24

In my experience the rise today is either 1) Short covering from a hugely oversold position 2) Day traders buying with technical levels signalling buyOr3) News about to be announced. This is the leaky ship AIM after all. I guess we will soon find out

[yump] 14/12/2023 16:01

I’m not saying when I bought mine.

[book5] 14/12/2023 15:36

I bought my shares much higher
Gla

[battlebus2] 14/12/2023 13:23

Well I’m happy to see these higher, hopefully it holds as it’s helped my portfolio to positive territory YTD.

[yump] 14/12/2023 13:14

Well I hope they can get back to that core business and expand it. It was a healthy business until O&G exploration tanked.

[32campomar] 14/12/2023 12:49

Investing is a form of gambling and always a Risk. But I still believe, speaking as a qualified geophysicist, that what Getech have is hugely valuable as the world races towards a green future and most investors just don't realise it. Yet. It's just up to them to get the message out and sell it.