with results out Monday everyone is sitting tight.
Guys it's a fact. Next Monday is results day. Move on.
Latest TW post is interesting, either TW or QPP will be hurt hard by this. Be interesting to see which...
Interim Results. Whether or not KPMG sign off the interim results, David Currie will have made darned sure they have reviewed the statement thoroughly, he will not want the first set of numbers he has responsibility for to be in any way deficient. This may mean some negative news (as a more conservative view is taken) but is fundamental to establishing credibility. All the advisers, and non-executives, know they are in the spot-light on these results. So don't expect outlandish good news: do expect a more thought out approach to be taken seriously.
If the Company are listening to their new PR advisers and Brokers they wil produce a results statement which is long on plain, simple english and short on waffle, self-aggrandisement, and management double-speak. The results need to concentrate on cash-generation, short-term guidance, cash-generation, contract wins (and the status of the RAC contract) and cash-generation. The company needs to get in the mind set of under-promising and over-delivering. It can be a quite boring statement as long as it is credible for the rating, and share price, to improve substantially. As commented before the key to getting the price to a sensible level is to make the company investible for Instituions (beyond Gervais Williams, Fidelity, and Tom Dobel at M&G. A few instituional buyers will see the price rise. I bought shares much higher up, some more quite a bit higher up, some more a little higher up- but proving there is nothing like an old fool have just bought more. The price is either going to zero or is going to be a multiple of where it is now in 12 months- the risk/ reward looks encouraging
Sadly and perhaps stupidly I have sold all my shares and lost £1,500 from a £2,000 investment. However, being a widow and having retired I consider it better to come out with something rather than nothing at all. By nature am optimistic but I must say that the actions of Gotham City seems to have done a tremendous amount of damage to this company and now all the Shorters are fooling around with the share price. Have learnt a huge lesson. The Aim market is definitely for those who are brave and can afford to take a risk. Good Luck to all who are staying with this share.
145 till aug 20, then 200, then who knows, depends on shorters.
'Steve Jobs worked for $1'!!!! Rob Terry paid himself £29m!!!!
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